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DEBT AND CREDIT ARRANGEMENTS (Tables)
3 Months Ended
Mar. 31, 2023
Debt Disclosure [Abstract]  
Schedule of Long-term Debt, Net
Long-term debt, net is summarized below:
(In millions)March 31, 2023December 30, 2022
Variable-rate debt:
Floating rate notes, due March 10, 2023 ("Floating 2023 Notes")$— $250 
Term loan, due November 21, 20252,250 — 
Fixed-rate debt:
3.85% notes, due June 15, 2023 ("3.85% 2023 Notes")
800 800 
3.95% notes, due May 28, 2024
350 350 
3.832% notes, due April 27, 2025
600 600 
7.00% debentures, due January 15, 2026
100 100 
3.85% notes, due December 15, 2026
550 550 
6.35% debentures, due February 1, 2028
26 26 
4.40% notes, due June 15, 2028
1,850 1,850 
2.90% notes, due December 15, 2029
400 400 
1.80% 2031 Notes, due January 15, 2031
650 650 
4.854% notes, due April 27, 2035
400 400 
6.15% notes, due December 15, 2040
300 300 
5.054% notes, due April 27, 2045
500 500 
Total variable and fixed-rate debt8,776 6,776 
Financing lease obligations and other debt218 222 
Total debt8,994 6,998 
Plus: unamortized bond premium64 70 
Less: unamortized discounts and issuance costs(27)(25)
Total debt, net9,031 7,043 
Less: current portion of long-term debt, net(811)(818)
Total long-term debt, net$8,220 $6,225