Debt and Revolving Credit Facility (Tables)

12 Months Ended

Dec. 27, 2025

Debt Disclosure [Abstract]

Schedule of Debt and Other Obligations

The Company’s total debt as of December 27, 2025 and December 28, 2024 consisted of:

	December 27, 2025		December 28, 2024
	(In millions)
4.212% Senior Notes Due 2026 (4.212% Notes)	$	875	$	—
4.319% Senior Notes Due 2028 (4.319% Notes)	625		—
2.375% Senior Notes Due 2030 (2.375% Notes)	750		750
3.924% Senior Notes Due 2032 (3.924% Notes)	500		500
4.393% Senior Notes Due 2052 (4.393% Notes)	500		500
Total debt (principal amount)	3,250		1,750
Unamortized debt discount and issuance costs	(28)		(29)
Total debt (net)	3,222		1,721
Less: current portion of long-term debt and related unamortized debt issuance costs	(874)		—
Total long-term debt	$	2,348	$	1,721

Schedule of Future Payments on Debt

As of December 27, 2025, the Company’s future debt payment obligations are as follows:

Fiscal Year	2026		2027		2028		2029		2030		2031 and thereafter		Total
	(In millions)
Term Debt (Principal only)	$	875	$	—	$	625	$	—	$	750	$	1,000	$	3,250