Earnings Per Share (Tables)

9 Months Ended

Oct. 01, 2022

Earnings Per Share [Abstract]

Schedule of Computation of (Loss) Earnings Per Share

Earnings per share (in millions, except share data):

	Three Months Ended				Nine Months Ended
	October 1, 2022		October 2, 2021		October 1, 2022		October 2, 2021
Basic:
Net income	$	170	$	199	$	277	$	646
Weighted-average shares outstanding	51,834,236		53,418,055		52,387,838		53,449,239
Basic earnings per share	$	3.28	$	3.72	$	5.29	$	12.08
Diluted:
Net income	$	170	$	199	$	277	$	646
Weighted-average shares outstanding	51,834,236		53,418,055		52,387,838		53,449,239
Dilutive shares	323,616		448,504		368,793		462,574
Diluted weighted-average shares outstanding	52,157,852		53,866,559		52,756,631		53,911,813
Diluted earnings per share	$	3.26	$	3.69	$	5.25	$	11.98