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STOCKHOLDERS' EQUITY
 9 Months Ended
Sep. 28, 2025
Equity [Abstract]  
STOCKHOLDERS' EQUITY STOCKHOLDERS’ EQUITY
Repurchases of Common Stock
During the nine months ended September 28, 2025, we repurchased 5.0 million shares of our common stock in open market purchases for $2.3 billion.
The total remaining authorization for future common stock repurchases under our share repurchase program was $7.1 billion as of September 28, 2025. In October 2025, subsequent to our third quarter, our Board of Directors authorized an increase of $2.0 billion to our share repurchase program, increasing our total authorization of the current program to $9.1 billion for future purchases. As we repurchase our common shares, we reduce common stock for the $1 of par value of the shares repurchased, with the excess purchase price over par value recorded as a reduction of additional paid-in capital. If additional paid-in capital is reduced to zero, we record the remainder of the excess purchase price over par value as a reduction of retained earnings.
Dividends
We paid cash dividends of $2.3 billion ($9.90 per share) during the nine months ended September 28, 2025. In October 2025, subsequent to our third quarter, we authorized a fourth quarter 2025 dividend payment of $3.45 per share, an increase of $0.15 per share over our third quarter 2025 dividend of $3.30 per share. The total amount of dividends declared may differ from the total amount of dividends paid during a period due to the timing of dividend-equivalents paid on RSUs and PSUs. These dividend-equivalents are accrued during the vesting period and are paid upon the vesting of the RSUs and PSUs, which primarily occurs in the first quarter each year.
Accumulated Other Comprehensive Loss
Changes in the balance of AOCL, net of tax, consisted of the following (in millions):
Postretirement
Benefit Plans		Other, netAOCL
Balance at December 31, 2024$(8,288)$(164)$(8,452)
Other comprehensive income before reclassifications— 116 116 
Amounts reclassified from AOCL
Amortization of net actuarial losses (a)
165 — 165 
Amortization of net prior service costs (a)
28 — 28 
Other— 41 41 
Total reclassified from AOCL193 41 234 
Total other comprehensive income193 157 350 
Balance at September 28, 2025$(8,095)$(7)$(8,102)
Balance at December 31, 2023$(8,704)$(99)$(8,803)
Other comprehensive income before reclassifications — 23 23 
Amounts reclassified from AOCL
Amortization of net actuarial losses (a)
141 — 141 
Amortization of net prior service credits (a)
(84)— (84)
Other— 30 30 
Total reclassified from AOCL57 30 87 
Total other comprehensive income 57 53 110 
Balance at September 29, 2024$(8,647)$(46)$(8,693)
(a)Reclassifications from AOCL related to postretirement benefit plans were recorded as a component of FAS (expense) income for each period presented. These amounts include $65 million and $19 million, net of tax, for the quarters ended September 28, 2025 and September 29, 2024, which are comprised of the amortization of net actuarial losses of $55 million and $47 million, and the amortization of net prior service costs (credits) of $10 million and $(28) million, for the quarters ended September 28, 2025 and September 29, 2024. See “Note 6 - Postretirement Benefit Plans”.