Debt, Revolving Credit Facility and Commercial Paper Program (Tables)

9 Months Ended

Sep. 26, 2026

Debt Disclosure [Abstract]

Schedule of Debt

The Company’s debt as of September 26, 2026 and December 27, 2025 consisted of the following:

	September 26, 2026		December 27, 2025
	(In millions)
4.212% Senior Notes Due 2026 (4.212% Notes)	$	—	$	875
4.319% Senior Notes Due 2028 (4.319% Notes)	625		625
4.600% Senior Notes Due 2029 (4.600% Notes)	1,250		—
2.375% Senior Notes Due 2030 (2.375% Notes)	750		750
5.000% Senior Notes Due 2031 (5.000% Notes)	1,500		—
3.924% Senior Notes Due 2032 (3.924% Notes)	500		500
5.250% Senior Notes Due 2033 (5.250% Notes)	1,000		—
5.500% Senior Notes Due 2036 (5.500% Notes)	1,000		—
4.393% Senior Notes Due 2052 (4.393% Notes)	500		500
Total debt (principal amount)	7,125		3,250
Unamortized debt discount and issuance costs	(46)		(28)
Total debt (net)	7,079		3,222
Less: current portion of long-term debt and related unamortized debt issuance costs	—		(874)
Total long-term debt (net)	$	7,079	$	2,348