RESTRUCTURING AND OTHER EXIT COSTS (Tables)

6 Months Ended

Jun. 28, 2024

Restructuring and Related Activities [Abstract]

Schedule of Restructuring and Other Exit Activities

Changes to our liabilities for restructuring and other exit costs during the two quarters ended June 28, 2024 were as follows:

(In millions)	Employee Severance Related Costs
Balance at December 29, 2023(1)	$	4
Additional provisions(2)	65
Payments	(60)
Total changes	5
Balance at June 28, 2024(1)	$	9

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(1)Our liabilities, which we expect will be paid in the next twelve months, are included in the “Compensation and benefits” line item in our Condensed Consolidated Balance Sheet.

(2)Included as a component of the “General and administrative expenses” line item in our Condensed Consolidated Statement of Operations.