Derivative Instruments (Tables)

9 Months Ended

Sep. 27, 2025

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments

The following table presents the fair value of its derivative instruments (in millions):

	Asset (Liability)
		Fair Values as of
	Balance Sheets Classification	September 27, 2025		December 31, 2024
Derivative instruments designated as hedges:
Foreign exchange contracts	Prepaid expenses and other current assets	$	—	$	30
Foreign exchange contracts	Accrued liabilities	(27)		—
Total derivative instruments designated as hedges		$	(27)	$	30
Derivative instruments not designated as hedges:
Foreign exchange contracts	Prepaid expenses and other current assets	$	—	$	1
Foreign exchange contracts	Accrued liabilities	(1)		—
Total derivative instruments not designated as hedges		$	(1)	$	1
Total net derivative (liability) asset		$	(28)	$	31

Schedule of Net (Losses) Gains from Changes in Fair Values of Derivatives Not Designated as Hedges

The following table presents the net (losses) gains from changes in fair values of derivatives that are not designated as hedges (in millions):

	(Losses) Gains Recognized in Income
		Three Months Ended				Nine Months Ended
	Statements of Operations Classification	September 27, 2025		September 28, 2024		September 27, 2025		September 28, 2024
Derivative instruments not designated as hedges:
Foreign exchange contracts	Foreign exchange gain (loss)	$	(1)	$	(7)	$	(24)	$	(5)
Forward interest rate swaps	Interest expense, net	—		—		—		31
Total net (loss) gain recognized in income		$	(1)	$	(7)	$	(24)	$	26

Schedule of Notional Value and Net Fair Value of Outstanding Contracts

The notional values and the net fair values of these outstanding contracts were as follows (in millions):

	September 27, 2025		December 31, 2024
Notional balance of outstanding contracts:
British Pound/U.S. Dollar	£	3	£	5
Euro/U.S. Dollar	€	85	€	146
Euro/Czech Koruna	€	13	€	16
Japanese Yen/U.S. Dollar	¥	439	¥	360
Singapore Dollar/U.S. Dollar	S$	11	S$	23
Mexican Peso/U.S. Dollar	Mex$	254	Mex$	142
Polish Zloty/U.S. Dollar	zł	55	zł	53
Net fair value of (liabilities) assets of outstanding contracts	$	(1)	$	1