CONTRACT ASSETS AND CONTRACT LIABILITIES (Tables)

3 Months Ended

Mar. 28, 2025

Revenue from Contract with Customer [Abstract]

Schedule of Contract Assets and Contract Liabilities

Contract assets and contract liabilities are summarized below:

(In millions)	March 28, 2025		January 3, 2025
Contract assets	$	3,643	$	3,230
Contract liabilities, current	(2,124)		(2,142)
Contract liabilities, non-current(1)	(105)		(91)
Net contract assets	$	1,414	$	997

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(1)Included as a component of the “Other long-term liabilities” line item in our Condensed Consolidated Balance Sheet.