CONTRACT ASSETS AND CONTRACT LIABILITIES (Tables)

3 Months Ended

Apr. 03, 2026

Revenue from Contract with Customer [Abstract]

Schedule of Contract Assets and Contract Liabilities

Contract assets and contract liabilities are summarized below:

(In millions)	April 3, 2026		January 2, 2026
Contract assets	$	3,530	$	3,566
Contract liabilities	(2,736)		(2,262)
Contract liabilities, non-current(1)	(88)		(108)
Net contract assets	$	706	$	1,196

_______________

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