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v3.25.1

Operating leases (Tables) | 3 Months Ended
--- | ---
Mar. 29, 2025
Leases [Abstract] |
Schedule of supplemental operating lease information |
| Quarter ended |
(millions) | March 29, 2025 | March 30, 2024 |  |
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |
Operating cash flows from operating leases | $ | 7 |  | $ | 2 |  |  |
Right-of-use assets obtained in exchange for operating lease liabilities |  |  |  |
New leases | $ | 18 |  | $ | 36 |  |  |
Modified leases | $ | — |  | $ | — |  |  |
Future maturities of operating leases | At March 29, 2025 future maturities of operating leases were as follows:
(millions) | Operating leases |  |
2025 (remaining) | $ | 20 |  |  |
2026 | 29 |  |  |
2027 | 28 |  |  |
2028 | 22 |  |  |
2029 | 19 |  |  |
2030 and beyond | 21 |  |  |
Total minimum payments | $ | 139 |  |  |
Less interest | (18) |  |  |
Present value of lease liabilities | $ | 121 |  |  |
Weighted-average remaining lease term - operating leases | 5.1 years |  |
Weighted-average discount rate - operating leases | 5.8% |  |

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- Definition Tabular disclosure of supplemental operating lease information including operating cash flows from operating leases, right-of-use assets obtained in exchange for new operating leases, weighted-average remaining lease term for operating leases and weighted-average discount rate for operating leases. + References No definition available. + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
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