v3.25.0.1
Stock-Based Compensation (Tables)
 12 Months Ended
Jan. 03, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-Based Compensation and Related Tax Benefits Recognized Under all Plans
Stock-based compensation and related tax benefits recognized under all plans were as follows:
 Year Ended
(in millions)
January 3,
2025		December 29,
2023		December 30,
2022
Total stock-based compensation expense$85 $77 $73 
Tax benefits recognized from stock-based compensation17 17 16 
Schedule of Weighted Average Grant-Date Fair Value and Assumptions Used The weighted average grant-date fair value and assumptions used to determine fair value of stock options granted for the periods presented were as follows:
 Year Ended
 January 3,
2025		December 29,
2023		December 30,
2022
Weighted average grant-date fair value$35.45 $25.21$24.67
Expected term (in years)4.54.74.7
Expected volatility28.7 %28.6 %29.5 %
Risk-free interest rate4.1 %4.0 %1.6 %
Dividend yield1.3 %1.4 %1.6 %
The Monte Carlo simulation assumptions used for the periods presented were as follows:
 Year Ended
 January 3,
2025		December 29,
2023		December 30,
2022
Expected volatility24.86 %26.35 %33.18 %
Risk free rate of return4.20 %4.33 %1.61 %
Weighted average grant date stock price$130.15 $93.90 $107.67 
Schedule of Stock Option Activity
Stock option activity for each of the periods presented was as follows:
Shares of
stock under
stock options		Weighted
average
exercise price		Weighted
average
remaining
contractual
term		Aggregate
intrinsic value
 (in millions) (in years)(in millions)
Outstanding at December 31, 20212.1 $65.18 3.5$54 
Options granted0.3 105.01 
Options forfeited or expired— 92.10 
Options exercised(0.6)39.26 41 
Outstanding at December 30, 20221.8 $81.45 3.9$42 
Options granted0.3 92.71 
Options forfeited or expired— 95.05 
Options exercised(0.2)53.78 9 
Outstanding at December 29, 20231.9 $86.22 3.7$41 
Options granted0.2 130.81 
Options forfeited or expired(0.1)106.09 
Options exercised(0.8)80.93 43 
Outstanding at January 3, 20251.2 $97.53 3.9$58 
Exercisable at January 3, 20250.6 $86.05 2.7$36 
Vested and expected to vest in the future as of January 3, 2025
1.2 $97.34 3.9$58 
Schedule of Restricted Stock Units and Awards Activity
Restricted stock units and awards activity for each of the periods presented was as follows:
(in millions)
Shares of stock
under stock
awards		Weighted
average grant-
date fair value
Unvested stock awards at December 31, 20211.4 $88.89 
Awards granted0.5 104.78 
Awards forfeited(0.1)99.38 
Awards vested(0.5)74.20 
Unvested stock awards at December 30, 20221.3 $98.52 
Awards granted0.6 95.82 
Awards forfeited(0.1)97.18 
Awards vested(0.4)97.65 
Unvested stock awards at December 29, 20231.4 $97.71 
Awards granted0.5 133.06 
Awards forfeited(0.1)107.67 
Awards vested(0.6)94.94 
Unvested stock awards at January 3, 20251.2 $111.43 
Schedule of Performance-Based Stock Award Activity
Performance-based stock award activity for each of the periods presented was as follows:
(in millions)
Expected number
of shares of stock
to be issued under
performance-based
stock awards		Weighted
average grant-
date fair value
Unvested at December 31, 20210.5 $88.72 
Awards granted0.2 114.98 
Awards forfeited— 103.06 
Awards vested(0.2)67.79 
Unvested at December 30, 20220.5 $106.70 
Awards granted0.2 99.34 
Awards forfeited— 104.90 
Awards vested(0.1)116.37 
Unvested at December 29, 20230.6 $102.22 
Awards granted0.1 176.69 
Awards forfeited(0.1)117.15 
Awards vested(0.2)88.81 
Unvested at January 3, 20250.4 $123.89