Leases

9 Months Ended

Sep. 27, 2025

Leases [Abstract]

Leases

Leases

During the nine months ended September 27, 2025, the Company recorded $20 million of right-of-use (“ROU”) assets obtained in exchange for lease obligations primarily related to extensions of existing leases and the commencement of new warehouse and office facility leases.

Future minimum lease payments under non-cancellable leases as of September 27, 2025 were as follows (in millions):

2025 (3 months remaining)	$	12
2026	46
2027	38
2028	35
2029	29
Thereafter	66
Total future minimum lease payments	$	226
Less: Interest	(39)
Present value of lease liabilities	$	187
Reported as of September 27, 2025:
Current portion of lease liabilities	$	36
Long-term lease liabilities	151
Present value of lease liabilities	$	187

The current portion of lease liabilities is included within Accrued liabilities on the Consolidated Balance Sheets.