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GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Jan. 02, 2026
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)CSIMSSASARTotal
Balance as of December 29, 2023$4,940 $6,564 $6,110 $2,365 $19,979 
Goodwill increase from acquisitions(1)
— — — 537 537 
Goodwill decrease from divestitures(2)
— — (79)(50)(129)
Impairment of goodwill
— — (14)— (14)
Currency translation adjustments(2)(28)(18)— (48)
Balance as of January 3, 2025 pre-realignment4,938 6,536 5,999 2,852 20,325 
Reallocation of goodwill in business realignment(3)
— (114)— 114 — 
4,938 6,422 5,999 2,966 20,325 
Assets of business held for sale
— (120)— (165)(285)
Impairment of goodwill
— — — (85)(85)
Currency translation adjustments— 24 31 — 55 
Balance as of January 2, 2026$4,938 $6,326 $6,030 $2,716 $20,010 
_______________
(1)    Goodwill recognized in connection with the Aerojet Rocketdyne Holdings, Inc. (“AJRD”) acquisition. See Note 13: Acquisitions and Divestitures in these Notes for further information.
(2)    SAS: Goodwill (net of impairment) derecognized in connection with the Antenna disposal group divestiture. See discussion under “Goodwill Impairments" below. AR: Goodwill derecognized in connection with the AOT disposal group divestiture.
(3)    See discussion under “Reallocation of Goodwill in Business Realignments" below.

Accumulated impairment losses are summarized below:
(In millions)January 2, 2026January 3, 2025
CS$355 $355 
IMS(1)
195 954 
SAS80 80 
AR(2)
257 172 
Accumulated impairment losses$887 $1,561 
_______________
(1)    Decrease of $759 million in connection with the CAS disposal group divestiture. See Note 13: Acquisitions and Divestitures in these Notes for further information.
(2)    Increase due to $85 million impairment recognized in connection with the Space Technology disposal group pending divestiture. See discussion under “Goodwill Impairments" below.
Schedule of Indefinite-Lived Intangible Assets
Intangible assets, net, are summarized below:
 January 2, 2026January 3, 2025
(In millions)Gross Carrying
Amount
Accumulated
Amortization
Net Carrying Amount Gross Carrying
Amount
Accumulated
Amortization
Net Carrying Amount
Customer relationships(1)
$8,329 $(4,031)$4,298 $8,817 $(3,470)$5,347 
Developed technologies(1)
849 (544)305 849 (482)367 
Trade names(1)
175 (75)100 185 (64)121 
Other(3)(2)
Total finite-lived intangible assets(2)
9,359 (4,653)4,706 9,854 (4,018)5,836 
Trade name(1)
1,803 — 1,803 1,803 — 1,803 
Intangible assets, net$11,162 $(4,653)$6,509 $11,657 $(4,018)$7,639 
_______________
(1)Includes acquisition-related intangibles that benefit the entire Company. As such, these assets and associated amortization are reported at Corporate.
(2)In connection with the pending divestiture of the Space Technology disposal group, $373 million of finite-lived intangibles assets were reclassified to held for sale in our Consolidated Balance Sheet as of January 2, 2026.
Schedule of Finite-Lived Intangible Assets
Intangible assets, net, are summarized below:
 January 2, 2026January 3, 2025
(In millions)Gross Carrying
Amount
Accumulated
Amortization
Net Carrying Amount Gross Carrying
Amount
Accumulated
Amortization
Net Carrying Amount
Customer relationships(1)
$8,329 $(4,031)$4,298 $8,817 $(3,470)$5,347 
Developed technologies(1)
849 (544)305 849 (482)367 
Trade names(1)
175 (75)100 185 (64)121 
Other(3)(2)
Total finite-lived intangible assets(2)
9,359 (4,653)4,706 9,854 (4,018)5,836 
Trade name(1)
1,803 — 1,803 1,803 — 1,803 
Intangible assets, net$11,162 $(4,653)$6,509 $11,657 $(4,018)$7,639