ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

3 Months Ended

Mar. 28, 2025

Equity [Abstract]

Schedule of Components of AOCI

The components of accumulated other comprehensive income (loss), net of income taxes, are summarized below:

(In millions)	Foreign currency translation and other, net(1)		Pension and other postretirement benefits(2)		Total accumulated other comprehensive income (loss)
Balance at January 3, 2025	$	(331)	$	358	$	27
Other comprehensive income (loss) before reclassifications to earnings	19		(43)		(24)
Losses (gains) reclassified to earnings(3)	11		(28)		(17)
Other comprehensive income (loss)	30		(71)		(41)
Balance at March 28, 2025	$	(301)	$	287	$	(14)
Balance at December 29, 2023	$	(266)	$	68	$	(198)
Other comprehensive loss before reclassifications to earnings	(29)		—		(29)
Losses (gains) reclassified to earnings(3)	2		(9)		(7)
Other comprehensive loss	(27)		(9)		(36)
Balance at March 29, 2024	$	(293)	$	59	$	(234)

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(1)Other, net consists of hedging derivatives.

(2)See Note H: Retirement Benefits in these Notes for further information.

(3)Included in the “Revenue,” “Cost of revenue,” “General and administrative expenses,” “Interest expense, net” and “Non-service FAS pension income and other, net” line items in our Condensed Consolidated Statement of Operations.