GOODWILL AND INTANGIBLE ASSETS (Tables)

3 Months Ended

Mar. 28, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Changes in Carrying Amounts of Goodwill

Changes in the carrying amount of goodwill, by business segment, were as follows:

(In millions)	CS		IMS(1)		SAS		AR(1)		Total
Balance as of January 3, 2025	$	4,938	$	6,422	$	5,999	$	2,966	$	20,325
Currency translation adjustments			3		9		—		12
Balance as of March 28, 2025	$	4,938	$	6,425	$	6,008	$	2,966	$	20,337

_______________

(1)Balances reflect impact of FOS business realignment, as discussed under the “Reallocation of Goodwill in Business Realignment” heading below in this Note.

Schedule of Indefinite-Lived Intangible Assets

Intangible assets, net are summarized below:

	March 28, 2025						January 3, 2025
(In millions)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Customer relationships	$	8,822	$	(3,646)	$	5,176	$	8,817	$	(3,470)	$	5,347
Developed technologies	850		(499)		351		849		(482)		367
Trade names	185		(67)		118		185		(64)		121
Other, including contract backlog	3		(3)		—		3		(2)		1
Total finite-lived intangible assets	9,860		(4,215)		5,645		9,854		(4,018)		5,836
Trade name — indefinite-lived	1,803		—		1,803		1,803		—		1,803
Total intangible assets, net	$	11,663	$	(4,215)	$	7,448	$	11,657	$	(4,018)	$	7,639

Schedule of Finite-Lived Intangible Assets

Intangible assets, net are summarized below:

	March 28, 2025						January 3, 2025
(In millions)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Customer relationships	$	8,822	$	(3,646)	$	5,176	$	8,817	$	(3,470)	$	5,347
Developed technologies	850		(499)		351		849		(482)		367
Trade names	185		(67)		118		185		(64)		121
Other, including contract backlog	3		(3)		—		3		(2)		1
Total finite-lived intangible assets	9,860		(4,215)		5,645		9,854		(4,018)		5,836
Trade name — indefinite-lived	1,803		—		1,803		1,803		—		1,803
Total intangible assets, net	$	11,663	$	(4,215)	$	7,448	$	11,657	$	(4,018)	$	7,639

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

The following table presents future estimated amortization expense for intangible assets:

	(In millions)
Next 12 months	$	760
Months 13-24	626
Months 25-36	556
Months 37-48	463
Months 49-60	429
Thereafter	2,811
Total	$	5,645