Accrued Liabilities, Commitments and Contingencies (Tables)

9 Months Ended

Sep. 27, 2025

Commitments and Contingencies Disclosure [Abstract]

Schedule of Components of Accrued Liabilities

The components of Accrued liabilities are as follows (in millions):

	September 27, 2025		December 31, 2024
Incentive compensation	$	116	$	174
Payroll and benefits	71		76
Unremitted cash collections due to banks on factored accounts receivable	60		51
Customer rebates	54		56
Current portion of lease liabilities	36		36
Warranty	30		26
Foreign exchange contracts	28		—
Freight and duty	23		12
Other	79		72
Accrued liabilities	$	497	$	503

Schedule of Accrued Warranty Obligations

The following table is a summary of the Company’s warranty obligations (in millions):

	Nine Months Ended
	September 27, 2025		September 28, 2024
Balance at the beginning of the period	$	26	$	27
Warranty expense	29		19
Warranties fulfilled	(25)		(20)
Balance at the end of the period	$	30	$	26