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Restructuring Liabilities
6 Months Ended
Jun. 29, 2024
Restructuring and Related Activities [Abstract]  
Restructuring Liabilities RESTRUCTURING LIABILITIES
From time to time, the Company may implement initiatives, close or consolidate facilities in an effort to reduce costs and improve operating effectiveness. In connection with these activities, the Company may incur various costs including severance and other employee-related separation costs.
During the 13 weeks and 26 weeks ended June 29, 2024, the Company incurred a net restructuring benefit of $1 million and net restructuring costs of $12 million, respectively, primarily related to initiatives to improve operational effectiveness and workforce reductions. During the 26 weeks ended July 1, 2023, the net restructuring costs were de minimis. Net restructuring liabilities were $12 million and $7 million as of June 29, 2024 and December 30, 2023, respectively.
The following table summarizes the changes in the restructuring liabilities for the 13 weeks and 26 weeks ended June 29, 2024:
Restructuring Liabilities
Balance as of December 30, 2023$
     Current period costs13 
     Payments, net(5)
Balance at March 30, 202415 
     Current period activity(1)
     Payments, net(2)
Balance at June 29, 2024$12