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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Apr. 04, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 114 $ 125
Accounts receivable, net of allowances for doubtful accounts of $1 million each as of April 4, 2026 and December 31, 2025 733 801
Inventories, net 692 729
Income tax receivable 30 31
Prepaid expenses and other current assets 126 110
Total Current assets 1,695 1,796
Property, plant and equipment, net 350 353
Right-of-use lease assets 170 166
Goodwill 4,709 4,727
Other intangibles, net 765 809
Deferred income taxes 410 414
Other long-term assets 233 237
Total Assets 8,332 8,502
Current liabilities:    
Current portion of long-term debt 264 141
Accounts payable 581 695
Accrued liabilities 459 558
Deferred revenue 434 446
Income taxes payable 25 12
Total Current liabilities 1,763 1,852
Long-term debt 2,387 2,361
Long-term lease liabilities 158 157
Deferred income taxes 32 32
Long-term deferred revenue 398 396
Other long-term liabilities 124 116
Total Liabilities 4,862 4,914
Stockholders’ Equity:    
Preferred stock, $.01 par value; authorized 10,000,000 shares; none issued 0 0
Class A common stock, $.01 par value; authorized 150,000,000 shares; issued 72,151,857 shares 1 1
Additional paid-in capital 866 814
Treasury stock at cost, 23,768,847 and 22,558,911 shares as of April 4, 2026 and December 31, 2025, respectively (2,787) (2,488)
Retained earnings 5,414 5,279
Accumulated other comprehensive loss (24) (18)
Total Stockholders’ Equity 3,470 3,588
Total Liabilities and Stockholders’ Equity $ 8,332 $ 8,502