PROPERTY, PLANT AND EQUIPMENT, NET

12 Months Ended

Jan. 03, 2025

Property, Plant and Equipment [Abstract]

PROPERTY, PLANT AND EQUIPMENT, NET

NOTE 5: PROPERTY, PLANT AND EQUIPMENT, NET

Property, plant and equipment, net, are summarized below:

(In millions)	January 3, 2025	December 29, 2023
Land	$182	$184
Software capitalized for internal use	795	716
Buildings	1,633	1,605
Machinery and equipment	3,032	2,816
	5,642	5,321
Less: accumulated depreciation and amortization	(2,836)	(2,459)
Property, plant and equipment, net	$2,806	$2,862

Depreciation and amortization expense related to property, plant and equipment was $429 million, $389 million

and $342 million in fiscal 2024, 2023 and 2022, respectively.

There were no impairments of property, plant and equipment in fiscal 2024, 2023 or 2022.