CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 30, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 89	$ 0
Accounts receivable, net	244	229
Inventories	345	431
Other current assets	28	10
Total current assets	706	670
Property, net	739	645
Goodwill	53	53
Other intangibles	57	57
Postretirement plan assets	283	0
Other assets	51	11
Total assets	1,889	1,436
Current liabilities
Current maturities of long-term debt	8	0
Notes payable	4	0
Accounts payable	541	484
Accrued advertising and promotion	121	103
Accrued salaries and wages	57	32
Other current liabilities	105	47
Total current liabilities	836	666
Long-term debt	487	0
Deferred income taxes	106	63
Pension liability	135	0
Other liabilities	25	20
Commitments and contingencies (Note 13)
Equity
Common stock, $0.0001 par value, 1,000,000,000 shares authorized Issued: 85,812,883 shares in 2023 and 0 shares in 2022	0	0
Net parent investment	0	725
Capital in excess of par value	327	0
Retained earnings	1	0
Accumulated other comprehensive income (loss)	(28)	(38)
Total equity	300	687
Total liabilities and equity	$ 1,889	$ 1,436