Accumulated Other Comprehensive (Loss) Income (Tables)

9 Months Ended

Sep. 27, 2025

Equity [Abstract]

Schedule of Components of AOCI

The changes in each component of AOCI during the nine months ended September 27, 2025 and September 28, 2024 were as follows (in millions):

	Unrealized gain (loss) on sales hedging		Foreign currency translation adjustments		Total
Balance at December 31, 2023	$	(5)	$	(49)	$	(54)
Other comprehensive income (loss) before reclassifications	(3)		1		(2)
Amounts reclassified from AOCI(1)	(4)		—		(4)
Tax effect	1		—		1
Other comprehensive income (loss), net of tax	(6)		1		(5)
Balance at September 28, 2024	$	(11)	$	(48)	$	(59)
Balance at December 31, 2024	$	22	$	(66)	$	(44)
Other comprehensive income (loss) before reclassifications	(81)		24		(57)
Amounts reclassified from AOCI(1)	24		—		24
Tax effect	14		—		14
Other comprehensive income (loss), net of tax	(43)		24		(19)
Balance at September 27, 2025	$	(21)	$	(42)	$	(63)

(1) See Note 8, Derivative Instruments regarding the timing of reclassifications to operating results.