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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended
Apr. 04, 2026
Mar. 29, 2025
Net sales:    
Total Net sales $ 1,495 $ 1,308
Cost of sales:    
Total Cost of sales 753 663
Gross profit 742 645
Operating expenses:    
Selling and marketing 189 161
Research and development 165 151
General and administrative 127 111
Amortization of intangible assets 37 24
Acquisition and integration costs 1 3
Exit and restructuring costs 8 0
Total Operating expenses 527 450
Operating income 215 195
Other (loss) income, net:    
Foreign exchange loss 0 (5)
Interest expense, net (37) (23)
Other expense, net (11) (2)
Total Other expense, net (48) (30)
Income before income tax 167 165
Income tax expense 32 29
Net income $ 135 $ 136
Basic earnings per share (in USD per share) $ 2.74 $ 2.64
Diluted earnings per share (in USD per share) $ 2.72 $ 2.62
Tangible Products    
Net sales:    
Total Net sales $ 1,231 $ 1,062
Cost of sales:    
Total Cost of sales 623 542
Services and Software    
Net sales:    
Total Net sales 264 246
Cost of sales:    
Total Cost of sales $ 130 $ 121