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Interest Expense (Income) (Tables)
3 Months Ended
Apr. 05, 2025
Banking and Thrift, Interest [Abstract]  
Schedule of Components of Net Interest Expense (Income)

The components of net interest expense (income) for the first quarter of 2025 and 2024 are as follows (in millions):

 

 

Three Months (13 Weeks) Ended

 

 

 

April 5, 2025

 

 

March 30, 2024

 

Interest expense

 

$

51

 

 

$

43

 

Interest income

 

 

(37

)

 

 

(81

)

Interest expense (income), net

 

$

14

 

 

$

(38

)