Acquisitions and Divestitures (Tables)

6 Months Ended

Jun. 28, 2025

Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]

Business Combination, Recognized Asset Acquired and Liability Assumed

The purchase consideration was allocated as follows (in millions):

Cash and cash equivalents	$	1,500
Assets held for sale	5,965
Other assets	81
Total assets acquired	7,546
Liabilities held for sale	3,221
Other liabilities	124
Total liabilities assumed	3,345
Fair value of net assets acquired	4,201
Goodwill	208
Total purchase consideration	$	4,409

Disclosure of Long-Lived Assets Held-for-Sale

The following summarizes carrying amounts of major classes of ZT Manufacturing Business assets and liabilities held for sale as of June 28, 2025 (in millions):

Accounts receivable	$	1,883
Inventories	1,353
Other assets	631
Goodwill and intangible assets	459
Total assets held for sale	$	4,326

Accounts payable	$	1,384
Accrued and other liabilities	584
Total liabilities held for sale	$	1,968