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Leases (Tables)
 3 Months Ended
Apr. 02, 2022
Leases [Abstract]  
Components of Lease Expense and Other Information
Three Months Ended
(in millions)April 2, 2022April 3, 2021
Lease expense:
Operating lease cost$33 $33 
Finance lease cost
Amortization of right-of-use assets2 3 
Short-term lease cost1 1 
Variable cost9 9 
Sublease income(1)(1)
Net lease expense$44 $45 
Three Months Ended
(in millions)April 2, 2022April 3, 2021
Supplemental cash flow information:
Net cash used for operating activities related to operating leases$62 $54 
Net cash used for financing activities related to finance leases2 3 
Assets obtained in exchange for lease liabilities:
Operating leases$40 $15 
April 2, 2022December 31, 2021
Weighted average remaining lease terms (years):
Operating leases66
Finance leases11
Weighted average discount rate:
Operating leases3.18 %3.11 %
Finance leases3.94 %3.99 %
Lease Assets and Liabilities
(in millions)Statement Line ClassificationApril 2, 2022December 31, 2021
Assets:
Operating lease assetsOperating lease assets$387 $382 
Finance lease assetsProperty, plant and equipment, net15 16 
$402 $398 
Current liabilities:
Operating lease liabilitiesAccrued liabilities$102 $124 
Finance lease liabilitiesCurrent portion of long-term debt3 4 
$105 $128 
Non-current liabilities:
Operating lease liabilitiesOperating lease liabilities$320 $313 
$320 $313 
Future Lease Payments, Operating
April 2, 2022
(in millions)Operating LeasesFinance LeasesTotal
Remainder of 2022$81 $3 $84 
202391 — 91 
202476 — 76 
202560 — 60 
202648 — 48 
Thereafter109 — 109 
Total lease payments465 3 468 
Less: interest43 — 43 
Present value of lease liabilities$422 $3 $425 
Future Lease Payments, Finance
April 2, 2022
(in millions)Operating LeasesFinance LeasesTotal
Remainder of 2022$81 $3 $84 
202391 — 91 
202476 — 76 
202560 — 60 
202648 — 48 
Thereafter109 — 109 
Total lease payments465 3 468 
Less: interest43 — 43 
Present value of lease liabilities$422 $3 $425