Resideo (REZI) 10-Q 4 Nov 21 2021 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Oct. 02, 2021	Oct. 29, 2021
Cover [Abstract]
Document Type	10-Q
Document Period End Date	Oct. 2, 2021
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q3
Amendment Flag	false
Trading Symbol	REZI
Entity Registrant Name	Resideo Technologies, Inc.
Entity Central Index Key	0001740332
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding		144,386,057
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Shell Company	false
Title of 12(b) Security	Common Stock
Security Exchange Name	NYSE
Entity File Number	001-38635
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	82-5318796
Entity Address, Address Line One	901 E 6th Street
Entity Address, City or Town	Austin
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	78702
City Area Code	512
Local Phone Number	726-3500
Document Quarterly Report	true
Document Transition Report	false

CONSOLIDATED INTERIM STATEMENTS

CONSOLIDATED INTERIM STATEMENTS OF OPERATIONS (Unaudited) - USD ($) shares in Thousands, $ in Millions	3 Months Ended		9 Months Ended
	Oct. 02, 2021	Sep. 26, 2020	Oct. 02, 2021	Sep. 26, 2020
Income Statement [Abstract]
Net revenue	$ 1,496	$ 1,362	$ 4,392	$ 3,570
Cost of goods sold	1,080	992	3,227	2,680
Gross profit	416	370	1,165	890
Selling, general and administrative expenses	229	221	684	676
Research and development expenses	20	18	63	55
Operating profit	167	131	418	159
Other expense, net	58	35	130	106
Interest expense	12	14	37	49
Income before taxes	97	82	251	4
Tax expense	29	7	76	26
Net income (loss)	$ 68	$ 75	$ 175	$ (22)
Weighted Average Number of Common Shares Outstanding (in thousands)
Basic	144,284	123,421	143,865	123,194
Diluted	148,559	125,235	148,260	123,194
Earnings (Loss) Per Share
Basic	$ 0.47	$ 0.61	$ 1.22	$ (0.18)
Diluted	$ 0.46	$ 0.60	$ 1.18	$ (0.18)

CONSOLIDATED INTERIM STATEMEN_2

CONSOLIDATED INTERIM STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 02, 2021	Sep. 26, 2020	Oct. 02, 2021	Sep. 26, 2020
Statement Of Income And Comprehensive Income [Abstract]
Net income (loss)	$ 68	$ 75	$ 175	$ (22)
Other comprehensive income (loss), net of tax
Foreign exchange translation adjustment	(24)	28	(41)	6
Total other comprehensive income (loss), net of tax	(24)	28	(41)	6
Comprehensive income (loss)	$ 44	$ 103	$ 134	$ (16)

CONSOLIDATED INTERIM BALANCE SH

CONSOLIDATED INTERIM BALANCE SHEETS (Unaudited) - USD ($) $ in Millions	Oct. 02, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 686	$ 517
Accounts receivable – net	932	863
Inventories – net	710	672
Other current assets	179	173
Total current assets	2,507	2,225
Property, plant and equipment – net	290	318
Goodwill	2,671	2,691
Other assets	366	376
Total assets	5,834	5,610
Current liabilities:
Accounts payable	905	936
Current maturities of debt	10	7
Accrued liabilities	617	595
Total current liabilities	1,532	1,538
Long-term debt	1,222	1,155
Obligations payable under Indemnification Agreements	587	590
Other liabilities	335	334
COMMITMENTS AND CONTINGENCIES (Note 12)
EQUITY
Common stock, $0.001 par value, 700,000 shares authorized, 145,616 and 144,383 shares issued and outstanding as of October 2, 2021, 143,959 and 143,059 shares issued and outstanding as of December 31, 2020, respectively	0	0
Additional paid-in capital	2,111	2,070
Treasury stock, at cost	(16)	(6)
Retained earnings	250	75
Accumulated other comprehensive loss	(187)	(146)
Total equity	2,158	1,993
Total liabilities and equity	$ 5,834	$ 5,610

CONSOLIDATED INTERIM BALANCE _2

CONSOLIDATED INTERIM BALANCE SHEETS (Unaudited) (Parenthetical) - $ / shares	Oct. 02, 2021	Dec. 31, 2020
Statement Of Financial Position [Abstract]
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	700,000,000	700,000,000
Common stock, shares issued	145,616,000	143,959,000
Common stock, shares outstanding	144,383,000	143,059,000

CONSOLIDATED INTERIM STATEMEN_3

CONSOLIDATED INTERIM STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Millions	9 Months Ended
	Oct. 02, 2021	Sep. 26, 2020
Cash flows provided by operating activities:
Net income (loss)	$ 175	$ (22)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	67	64
Stock compensation expense	29	21
Loss on extinguishment of debt	41
Other	4	20
Changes in assets and liabilities, net of acquired companies:
Accounts receivable	(78)	(64)
Inventories – net	(40)	64
Other current assets	(6)	15
Accounts payable	(19)	(62)
Accrued liabilities	26	52
Obligations payable under Indemnification Agreements	(3)	(8)
Other	7	12
Net cash provided by operating activities	203	92
Cash flows used for investing activities:
Expenditures for property, plant, equipment and other intangibles	(48)	(50)
Cash paid for acquisitions, net of cash acquired	(11)	(35)
Other	3
Net cash used for investing activities	(56)	(85)
Cash flows provided by financing activities:
Proceeds from long-term debt	1,250
Payment of debt facility issuance and modification costs	(39)
Net proceeds from revolving credit facility		150
Repayment of long-term debt	(1,185)	(11)
Other	2	(4)
Net cash provided by financing activities	28	135
Effect of foreign exchange rate changes on cash and cash equivalents	(6)	(4)
Net increase in cash and cash equivalents	169	138
Cash and cash equivalents at beginning of period	517	122
Cash and cash equivalents at end of period	$ 686	$ 260

CONSOLIDATED INTERIM STATEMEN_4

CONSOLIDATED INTERIM STATEMENTS OF EQUITY (Unaudited) - USD ($) $ in Millions	Total	Common Stock	Treasury Shares	Additional Paid-In Capital	Retained Earnings	Accumulated Other Comprehensive Loss
Beginning Balance at Dec. 31, 2019	$ 1,602		$ (3)	$ 1,761	$ 38	$ (194)
Beginning Balance, Shares at Dec. 31, 2019		122,873,000	615,000
Net income (loss)	(22)				(22)
Other comprehensive income (loss), net of tax	6					6
Stock issuances, net of shares withheld for taxes	(2)		$ (2)
Stock issuances, net of shares withheld for taxes, Shares		570,000	266,000
Stock-based compensation	21			21
Ending Balance at Sep. 26, 2020	1,605		$ (5)	1,782	16	(188)
Ending Balance, Shares at Sep. 26, 2020		123,443,000	881,000
Beginning Balance at Jun. 27, 2020	1,495		$ (5)	1,775	(59)	(216)
Beginning Balance, Shares at Jun. 27, 2020		123,378,000	852,000
Net income (loss)	75				75
Other comprehensive income (loss), net of tax	28					28
Stock issuances, net of shares withheld for taxes	0
Stock issuances, net of shares withheld for taxes, Shares		65,000	29,000
Stock-based compensation	7			7
Ending Balance at Sep. 26, 2020	1,605		$ (5)	1,782	16	(188)
Ending Balance, Shares at Sep. 26, 2020		123,443,000	881,000
Beginning Balance at Dec. 31, 2020	1,993		$ (6)	2,070	75	(146)
Beginning Balance, Shares at Dec. 31, 2020		143,059,000	900,000
Net income (loss)	175				175
Other comprehensive income (loss), net of tax	(41)					(41)
Stock issuances, net of shares withheld for taxes	2		$ (10)	12
Stock issuances, net of shares withheld for taxes, Shares		1,324,000	333,000
Stock-based compensation	29			29
Ending Balance at Oct. 02, 2021	2,158		$ (16)	2,111	250	(187)
Ending Balance, Shares at Oct. 02, 2021		144,383,000	1,233,000
Beginning Balance at Jul. 03, 2021	2,103		$ (14)	2,098	182	(163)
Beginning Balance, Shares at Jul. 03, 2021		144,171,000	1,188,000
Net income (loss)	68				68
Other comprehensive income (loss), net of tax	(24)					(24)
Stock issuances, net of shares withheld for taxes	1		$ (2)	3
Stock issuances, net of shares withheld for taxes, Shares		212,000	45,000
Stock-based compensation	10			10
Ending Balance at Oct. 02, 2021	$ 2,158		$ (16)	$ 2,111	$ 250	$ (187)
Ending Balance, Shares at Oct. 02, 2021		144,383,000	1,233,000

Organization, Consolidation and

Organization, Consolidation and Presentation of Financial Statements	9 Months Ended
	Oct. 02, 2021
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Organization, Operations and Basis of Presentation	Note 1. Organization, Operations, and Basis of Presentation Business Description Resideo Technologies, Inc. (“Resideo” or “the Company”), is a leading global manufacturer and developer of technology-driven products that provide critical comfort, residential thermal, and security solutions to homes globally. The Company is also the leading wholesale distributor of low-voltage security products including intrusion, access control and video products, and participates significantly in the broader related markets of smart home, fire, power, audio, ProAV, networking, communications, wire and cable, and data communications. The Company has a global footprint serving commercial and residential end markets. The Company was incorporated in Delaware on April 24, 2018. The Company separated from Honeywell International Inc. (“Honeywell”) on October 29, 2018 , becoming an independent publicly traded company as a result of a pro rata distribution of the Company’s common stock to shareholders of Honeywell (the “Spin-Off”). Basis of Presentation The Company’s financial statements are presented on a consolidated basis (collectively, the “Interim Financial Statements”) and have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). All intercompany transactions have been eliminated for all periods presented. The Interim Financial Statements are unaudited; however, in the opinion of management, they contain all the adjustments (consisting of those of a normal recurring nature) considered necessary to state fairly the financial position, results of operations, and cash flows for the periods presented in conformity with U.S. GAAP applicable to interim periods. The Company reports financial information on a fiscal quarter basis using a “modified” 4-4-5 calendar (modified in that the fiscal year always begins on January 1 and ends on December 31) that requires its businesses to close their first, second, and third quarter books on a Saturday in order to minimize the potentially disruptive effects of quarterly closing on business processes. The effects of this practice are generally not significant to reported results for any quarter and only exist within a reporting year. In the event that differences in closing dates are material to year-over-year comparisons of quarterly or year-to-date results, the Company will provide appropriate disclosures. Reclassification The prior year segment information was recast. See Note 4. Segment Financial Data for additional information. Certain reclassifications have been made to the prior period financial statements to conform to the classification adopted in the current period. The prior year unaudited Consolidated Interim Statements of Operations were reclassified to present research and development expenses as a separate line item within the statements. Research and development expenses were formerly included within Selling, general and administrative expenses.

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Oct. 02, 2021
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 2. Summary of Significant Accounting Policies The Company’s accounting policies are set forth in Note 2. Summary of Significant Accounting Policies of the Company’s Notes to Consolidated and Combined Financial Statements included in the 2020 Annual Report on Form 10-K. Recent Accounting Pronouncements —The Company considers the applicability and impact of all recent accounting standards updates (“ASUs”) issued by the Financial Accounting Standards Board (“FASB”). ASUs not listed below were assessed and determined to be either not applicable or are expected to have an immaterial impact on the Company’s consolidated financial position or results of operations. In March 2020, the FASB issued ASU No. 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting, which is optional guidance related to reference rate reform that provides practical expedients for contract modifications and certain hedging relationships associated with the transition from reference rates that are expected to be discontinued. This guidance along with its subsequent clarifications, is effective from March 12, 2020 through December 31, 2022 and is applicable for the Company’s A&R Senior Credit Facilities and Swap Agreements, which use LIBOR as a reference rate. Refer to Note 13. Long-term Debt and Credit Agreement for further details on the Company’s A&R Senior Credit Facilities and Note 14. Derivative Instruments for further details on the Company's Swap Agreements. The Company is currently evaluating the potential impact of this standard on its consolidated financial statements.

Revenue Recognition

Revenue Recognition	9 Months Ended
	Oct. 02, 2021
Revenue From Contract With Customer [Abstract]
Revenue Recognition	Note 3. Revenue Recognition Disaggregated Revenue Revenues by geography and business line are as follows: Three Months Ended Nine Months Ended October 2, September 26, October 2, September 26, Comfort $ 303 $ 297 $ 877 $ 725 Security 172 142 512 379 Residential Thermal Solutions 156 133 446 341 Products & Solutions 631 572 1,835 1,445 U.S. and Canada 727 650 2,125 1,758 EMEA (1) 128 129 402 338 APAC (2) 10 11 30 29 ADI Global Distribution 865 790 2,557 2,125 Net revenue $ 1,496 $ 1,362 $ 4,392 $ 3,570 (1) EMEA represents Europe, the Middle East and Africa. (2) APAC represents Asia and Pacific countries. The Company recognizes the majority of its revenue from performance obligations outlined in contracts with its customers that are satisfied at a point in time. Approximately 3 % of the Company’s revenue is satisfied over time. As of October 2, 2021 and September 26, 2020 , contract assets and liabilities were not material.

Segment Financial Data

Segment Financial Data	6 Months Ended
	Jul. 03, 2021
Segment Reporting [Abstract]
Segment Financial Data	Note 4. Segment Financial Data During the fourth quarter of 2020, the format of the Chief Operating Decision Maker’s reporting package was modified which resulted in changes to how business operations are presented. The Company continues to monitor its business operations through two operating segments, Products & Solutions and ADI Global Distribution. The Company now reports Corporate separately from the two operating segments. The reporting package also includes segment Operating profit, which replaces Segment Adjusted EBITDA as a performance metric. These changes were designed to better align accountability and authority, give a clearer view into the operational performance of the two segments, and increase accountability for management of corporate spending. As a result, the Company recast prior periods to conform with the new presentation. Products & Solutions —The Products & Solutions business is a leading global provider of products, software solutions and technologies that help homeowners stay connected and in control of their comfort, security, and energy use. ADI Global Distribution —The ADI Global Distribution business is the leading global distributor of low-voltage security products including intrusion, access control, and video products and participates significantly in the broader related markets of smart home, fire, access control, power, audio, ProAV, networking, communications, wire and cable, and data communications. Corporate —Corporate includes expenses associated with legal, finance, information technology, human resources, strategy, and communications related to the Corporate office as well as supporting the operating segments, but do not relate directly to revenue-generating activities. Segment information is consistent with how management reviews the businesses, makes investing and resource allocation decisions, and assesses operating performance. Three Months Ended Nine Months Ended October 2, September 26, October 2, September 26, Revenue Total Products & Solutions revenue $ 726 $ 674 $ 2,121 $ 1,715 Less: Intersegment revenue 95 102 286 270 External Products & Solutions revenue 631 572 1,835 1,445 External ADI Global Distribution revenue 865 790 2,557 2,125 Total revenue $ 1,496 $ 1,362 $ 4,392 $ 3,570 Three Months Ended Nine Months Ended October 2, September 26, October 2, September 26, Operating profit (loss) Products & Solutions $ 157 $ 141 $ 416 $ 241 ADI Global Distribution 73 56 198 135 Corporate ( 63 ) ( 66 ) ( 196 ) ( 217 ) Total $ 167 $ 131 $ 418 $ 159 The Company’s Chief Operating Decision Maker does not use segment assets information to allocate resources or to assess performance of the segments and therefore, total segment assets have not been disclosed.

Stock-Based Compensation Plans

Stock-Based Compensation Plans	9 Months Ended
	Oct. 02, 2021
Compensation Related Costs [Abstract]
Stock-Based Compensation Plans	Note 5. Stock-Based Compensation Plans Restricted Stock Units (“RSUs”) During the nine months ended October 2, 2021, as part of the Company’s annual long-term compensation under the 2018 Stock Incentive Plan of Resideo Technologies, Inc. and its Affiliates and the 2018 Stock Incentive Plan for Non-Employee Directors of Resideo Technologies, Inc. as may be amended from time to time (together, the “Stock Incentive Plan”), it granted 500,227 market-based RSUs and 1,125,136 service-based RSUs to eligible employees. The weighted average grant date fair value per share for market-based RSUs and service-based RSUs was $ 42.89 and $ 27.41 , respectively. Stock Options During the nine months ended October 2, 2021 , as part of the Company’s annual long-term compensation under the Stock Incentive Plan, 150,000 stock options were granted to eligible employees at a weighted average exercise price per share of $ 25.48 and weighted average grant date fair value per share of $ 7.69 .

Leases

Leases	9 Months Ended
	Oct. 02, 2021
Leases [Abstract]
Leases	Note 6. Leases The Company is party to operating leases for the majority of its manufacturing sites, offices, engineering and lab sites, stocking locations, warehouses, automobiles, and certain equipment. Certain of the Company’s real estate leases include variable rental payments which adjust periodically based on inflation, and certain automobile lease agreements include rental payments which fluctuate based on mileage. Generally, the Company’s lease agreements do not contain any material residual value guarantees or material restrictive covenants. The Company’s operating lease costs for the three and nine months ended October 2, 2021 and September 26, 2020 consisted of the following: Three Months Ended Nine Months Ended October 2, September 26, October 2, September 26, Cost of goods sold $ 5 $ 5 $ 13 $ 13 Selling, general and administrative 12 13 34 33 Total operating lease costs $ 17 $ 18 $ 47 $ 46 Total operating lease costs include variable lease costs of $ 5 million and $ 13 million for the three and nine months ended October 2, 2021. For the three and nine months ended September 26, 2020 , total operating lease costs include variable lease costs of $ 5 million and $ 12 million, respectively. Total operating lease costs also include offsetting sublease income which is immaterial for the three and nine months ended October 2, 2021 and September 26, 2020. The Company recognized the following related to its operating leases: Financial At October 2, At December 31, Operating right-of-use assets Other assets $ 134 $ 133 Operating lease liabilities - current Accrued liabilities $ 33 $ 33 Operating lease liabilities - noncurrent Other liabilities $ 112 $ 107 Maturities of the Company’s operating lease liabilities were as follows: At October 2, 2021 $ 10 2022 39 2023 34 2024 23 2025 17 Thereafter 46 Total lease payments 169 Less: imputed interest 24 Present value of operating lease liabilities $ 145 Weighted-average remaining lease term (years) 5.75 Weighted-average incremental borrowing rate 5.39 % Supplemental cash flow information related to the Company’s operating leases was as follows: Nine Months Ended October 2, 2021 September 26, 2020 Operating cash outflows $ 25 $ 22 Operating right-of-use assets obtained in exchange for operating lease liabilities $ 31 $ 22 As of October 2, 2021, the Company has additional operating leases that have not yet commenced. Obligations under these leases are not material. Additionally, as a lessor, the Company leases all or a portion of certain owned properties. Rental income for the three and nine months ended October 2, 2021 and September 26, 2020 was not material.

Income Taxes

Income Taxes	9 Months Ended
	Oct. 02, 2021
Income Tax Disclosure [Abstract]
Income Taxes	Note 7. Income Taxes The Company recorded tax expense of $ 29 million and $ 76 million for the three and nine months ended October 2, 2021, respectively. For interim periods, income tax is equal to the total of (1) year-to-date pretax income multiplied by the Company’s forecasted effective tax rate plus (2) tax expense items specific to the period. In situations where the Company expects to report losses for which the Company does not expect to receive tax benefits, the Company is required to apply separate forecasted effective tax rates to those jurisdictions rather than including them in the consolidated forecasted effective tax rate. For the three months ended October 2, 2021 the net tax expense of $ 29 million consists primarily of interim period tax expense of $ 32 million based on year-to-date pretax income multiplied by the Company’s forecasted effective tax rate, partially offset by a tax benefit specific to the period of approximately $ 3 million consisting primarily of changes in estimates related to prior years. In addition to items specific to the period, the Company’s income tax rate is impacted by the mix of earnings across the jurisdictions in which the Company operates, non-deductible expenses, and U.S. taxation of foreign earnings. For the nine months ended October 2, 2021, the net tax expense of $ 76 million consists primarily of interim period tax expense of $ 80 million based on year-to-date pretax income multiplied by the Company’s forecasted effective tax rate, offset by tax benefits specific to the period of approximately $ 4 million, consisting primarily of excess deductions for share-based compensation and changes in estimates related to prior years. In addition to items specific to the period, the Company’s income tax rate is impacted by the mix of earnings across the jurisdictions in which the Company operates, non-deductible expenses, and U.S. taxation of foreign earnings.

Other Expense, Net

Other Expense, Net	9 Months Ended
	Oct. 02, 2021
Other Income And Expenses [Abstract]
Other Expense, Net	Note 8. Other Expense, Net Three Months Ended Nine Months Ended October 2, September 26, October 2, September 26, Reimbursement Agreement expense $ 39 $ 38 $ 111 $ 107 Loss on extinguishment of debt 18 - 41 - Other 1 ( 3 ) ( 22 ) ( 1 ) $ 58 $ 35 $ 130 $ 106

Earnings (Loss) Per Share

Earnings (Loss) Per Share	9 Months Ended
	Oct. 02, 2021
Earnings Per Share [Abstract]
Earnings (Loss) Per Share	Note 9. Earnings (Loss) Per Share The following table sets forth the computation of basic and diluted earnings per share (in millions except shares in thousands and per share data): Three Months Ended Nine Months Ended October 2, September 26, October 2, September 26, Net income (loss) $ 68 $ 75 $ 175 $ ( 22 ) Shares used in computing basic earnings per share 144,284 123,421 143,865 123,194 Effect of dilutive securities: Dilutive effect of common stock equivalents 4,275 1,814 4,395 - Shares used in computing diluted earnings per share 148,559 125,235 148,260 123,194 Earnings (loss) per share: Basic $ 0.47 $ 0.61 $ 1.22 $ ( 0.18 ) Diluted $ 0.46 $ 0.60 $ 1.18 $ ( 0.18 ) Diluted earnings per share is computed based upon the weighted average number of common shares outstanding for the period plus the dilutive effect of common stock equivalents using the treasury stock method and the average market price of the Company’s common stock for the three and nine months ended October 2, 2021 and September 26, 2020 . In periods where the Company has a net loss, no dilutive common shares are included in the calculation for diluted shares as they are considered anti-dilutive. For the three and nine months ended October 2, 2021 , average options and other rights to purchase approximately 0.2 million shares of common stock were outstanding and anti-dilutive, and therefore excluded from the computation of diluted earnings per common share. In addition, an average of approximately 0.8 million and 0.7 million shares of performance-based unit awards are excluded from the computation of diluted earnings per common share for the three and nine months ended October 2, 2021 as the contingency has not been satisfied. For the three and nine months ended September 26, 2020 , average options and other rights to purchase approximately 1.1 million and 3.6 million shares of common stock, respectively, were outstanding and anti-dilutive, and therefore excluded from the computation of diluted income per common share. An average of approximately 0.8 million and 0.6 million shares of performance-based unit awards are excluded from the computation of diluted earnings per common share for the three and nine months ended September 26, 2020 , as the contingency has not been satisfied.

Inventories Net

Inventories Net	9 Months Ended
	Oct. 02, 2021
Inventory Disclosure [Abstract]
Inventories Net	Note 10. Inventories—Net October 2, 2021 December 31, 2020 Raw materials $ 161 $ 127 Work in process 18 19 Finished products 531 526 $ 710 $ 672

Accrued Liabilities

Accrued Liabilities	9 Months Ended
	Oct. 02, 2021
Payables And Accruals [Abstract]
Accrued Liabilities	Note 11. Accrued Liabilities October 2, 2021 December 31, 2020 Obligations payable under Indemnification Agreements $ 140 $ 140 Taxes payable 55 62 Compensation, benefit and other employee-related 105 105 Customer rebate reserve 73 91 Litigation reserve 55 3 Restructuring reserve 10 24 Other 179 170 $ 617 $ 595 Refer to Note 12. Commitments and Contingencies for further details on Obligations payable under Indemnification Agreements.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Oct. 02, 2021
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 12. Commitments and Contingencies Environmental Matters The Company is subject to various federal, state, local, and foreign government requirements relating to the protection of the environment and accrues costs related to environmental matters when it is probable that it has incurred a liability related to a contaminated site and the amount can be reasonably estimated. Environmental-related expenses for sites owned and operated by Resideo are presented within Cost of goods sold for operating sites. For the three and nine months ended October 2, 2021 and September 26, 2020, environmental expenses related to these operating sites were not material. Liabilities for environmental costs were $ 22 million as of October 2, 2021 and December 31, 2020. The Company does not currently possess sufficient information to reasonably estimate the amounts of environmental liabilities to be recorded upon future completion of studies, litigation or settlements, and neither the timing nor the amount of the ultimate costs associated with environmental matters can be determined although they could be material to the Company’s unaudited consolidated results of operations and operating cash flows in the periods recognized or paid. Obligations Payable Under Indemnification Agreements The indemnification and reimbursement agreement (the “Reimbursement Agreement”) and the tax matters agreement (the “Tax Matters Agreement”) (collectively, the “Indemnification Agreements”) are described below. Reimbursement Agreement On October 29, 2018, in connection with the Spin-Off, the Company entered into the Reimbursement Agreement with Honeywell pursuant to which the Company has an obligation to make cash payments to Honeywell in amounts equal to 90 % of payments for certain Honeywell environmental-liability payments, which include amounts billed (“payments”), less 90 % of Honeywell’s net insurance receipts relating to such liabilities, and less 90 % of the net proceeds received by Honeywell in connection with (i) affirmative claims relating to such liabilities, (ii) contributions by other parties relating to such liabilities and (iii) certain property sales (the “recoveries”). The amount payable by the Company in respect of such liabilities arising in respect of any given year is subject to a cap of $ 140 million. See Note 19. Commitments and Contingencies in the Company’s 2020 Annual Report on Form 10-K for further discussion. The following table summarizes information concerning the Company’s Reimbursement Agreement liabilities: Nine Months Ended October 2, September 26, Beginning balance $ 591 $ 585 Accruals for indemnification liabilities deemed probable and reasonably estimable 111 107 Indemnification payment ( 105 ) ( 70 ) Ending balance (1) $ 597 $ 622 (1) Reimbursement Agreement liabilities deemed probable and reasonably estimable, however, it is possible the Company could pay $ 140 million per year (exclusive of any late payment fees up to 5 % per annum) until the earlier of (1) December 31, 2043; or (2) December 31 of the third consecutive year during which the annual reimbursement obligation (including in respect of deferred payment amounts) has been less than $ 25 million. For the three and nine months ended October 2, 2021, net expenses related to the Reimbursement Agreement were $ 39 million and $ 111 million, respectively, and for the three and nine months ended September 26, 2020 , net expenses related to the Reimbursement Agreement were $ 38 million and $ 107 million, respectively, and are recorded in Other expense, net. Reimbursement Agreement liabilities are included in the following balance sheet accounts: October 2, 2021 December 31, 2020 Accrued liabilities $ 140 $ 140 Obligations payable under Indemnification Agreements 457 451 $ 597 $ 591 The Company does not currently possess sufficient information to reasonably estimate the amounts of indemnification liabilities to be recorded upon future completion of studies, litigation or settlements, and neither the timing nor the amount of the ultimate costs associated with such indemnification liability payments can be determined although they could be material to the Company’s unaudited consolidated results of operations and operating cash flows in the periods recognized or paid. Tax Matters Agreement In connection with the Spin-Off, the Company entered into the Tax Matters Agreement with Honeywell pursuant to which it is responsible and will indemnify Honeywell for certain taxes, including certain income taxes, sales taxes, VAT and payroll taxes, relating to the business for all periods, including periods prior to the consummation of the Spin-Off. As of October 2, 2021 and December 31, 2020, the Company had an indemnity liability owed to Honeywell for future tax payments of $ 130 million and $ 139 million, respectively, which is included in Obligations payable under Indemnification Agreements. Trademark Agreement In connection with the Spin-Off, the Company and Honeywell entered into a 40 -year Trademark License Agreement (the “Trademark Agreement”) that authorizes the Company’s use of certain licensed trademarks in the operation of Resideo’s business for the advertising, sale, and distribution of certain licensed products. In exchange, the Company pays a royalty fee of 1.5 % on net revenue to Honeywell related to such licensed products which is recorded in Selling, general and administrative expense on the unaudited Consolidated Interim Statements of Operations. For the three and nine months ended October 2, 2021, royalty fees were $ 5 million and $ 14 million, respectively. For the three and nine months ended September 26, 2020 , royalty fees were $ 7 million and $ 18 million, respectively. Other Matters The Company is subject to lawsuits, investigations, and disputes arising out of the conduct of its business, including matters relating to commercial transactions, government contracts, product liability, prior acquisitions and divestitures, employee matters, intellectual property, and environmental, health, and safety matters. The Company recognizes a liability for any contingency that is probable of occurrence and reasonably estimable. The Company continually assesses the likelihood of adverse judgments or outcomes in these matters, as well as potential ranges of possible losses (taking into consideration any insurance recoveries), based on a careful analysis of each matter with the assistance of outside legal counsel and, if applicable, other experts. No such matters are material to the Company’s unaudited financial statements. The Company, the Company’s former CEO Michael Nefkens, the Company’s former CFO Joseph Ragan, and the Company’s former CIO Niccolo de Masi are named defendants of a class action securities suit in the U.S. District Court for the District of Minnesota styled In re Resideo Technologies, Inc. Securities Litigation , 19-cv-02863 (the “Securities Litigation”). The defendants filed a motion to dismiss the complaint on July 10, 2020. On March 30, 2021, United States District Judge Wilhelmina M. Wright issued an order and decision denying the motion to dismiss. On April 13, 2021, the Defendants filed an answer in the Securities Litigation. On July 30, 2021, the Company executed a term sheet with plaintiffs’ representatives setting forth an agreement in principle to settle the claims alleged in the complaint, as amended. The total amount to be paid in settlement of the claims as set forth in the agreement in principle is $ 55 million. Insurance recoveries of approximately $ 39 million are expected related to the settlement. The claim settlement payment and related insurance recoveries are recorded in Accrued liabilities and Other current assets, respectively. The net expense of $ 16 million from the claim settlement and related insurance recoveries is recorded in Selling, general and administrative expenses. On August 18, 2021 the Company and plaintiffs’ representative executed a definitive Stipulation and Agreement of Settlement reflecting the terms of the agreement in principle and other customary terms and conditions (the “Settlement”). That same day, on August 18, 2021, the plaintiffs’ representatives filed a motion with the Court seeking preliminary approval of the Settlement. The motion for preliminary approval was deemed fully submitted by the Court on September 14, 2021. On October 21, 2021, the Court granted preliminary approval of the Settlement and scheduled the Settlement hearing for January 27, 2022. The Company intends to vigorously pursue approval of the Settlement, but there can be no assurance that court approval will be granted. Certain current or former directors and officers of the Company are defendants in a consolidated derivative action pending in the District Court for the District of Delaware under the caption In re Resideo Technologies, Inc. Derivative Litigation, 20-cv-00915 (the “Federal Derivative Action”), which has been stayed by agreement of the parties. On September 21, 2021, the parties filed a stipulation requesting the Federal Derivative Action be transferred to the District of Minnesota, where the Securities Litigation is pending, to reserve judicial resources and for the convenience of the parties. The Court ordered the transfer of the Federal Derivative Action on September 23, 2021. The Company intends to defend this action vigorously, but there can be no assurance that the defense will be successful. On September 1, 2021, an additional shareholder derivative complaint was filed by Riviera Beach, part of the leadership group in the Federal Derivative Action, and City of Hialeah Employees Retirement System against certain current or former directors and officers of the Company in the District of Minnesota, alleging substantially the same facts and making substantially the same claims against the same defendants as in the Federal Derivative Action, and additionally referencing board materials obtained through a demand made pursuant to Section 220 of the Delaware Code Title 8. The parties intend to seek consolidation of that action, captioned Riviera Beach Police Pension Fund v. Nefkens, 21-cv-1965 , and the Federal Derivative Action in the Minnesota Court. The Company intends to defend this action vigorously, but there can be no assurance that the defense will be successful. On June 25, 2021, the Bud & Sue Frashier Family Trust U/A DTD 05/05/98, filed a shareholder derivative complaint against certain current or former directors and officers of the Company in the Court of Chancery of the State of Delaware, captioned Bud & Sue Frashier Trust U/A DTD 05/05/98 v. Fradin , 2021-0556 (“Delaware Chancery Derivative Action”). The Delaware Chancery Derivative Action remains stayed by agreement of the parties. The Company intends to defend this action vigorously, but there can be no assurance that the defense will be successful. On August 20, 2021, Alice Burstein, a purported shareholder of the Company, sent a letter demanding that the Company’s Board of Directors undertake an independent internal investigation into certain current or former directors of the Company for violations of state and/or federal law related to the same conduct alleged in the Securities Litigation and derivative complaints (the “Demand Letter”). On September 13, 2021, the Company responded to the Demand Letter stating that the Board had reviewed and considered the demand and determined the best interests of the shareholders and the Company would be served by deferring an investigation pending adjudication or resolution of the outstanding derivative actions. See Note 19. Commitments and Contingencies of Notes to Consolidated and Combined Financial Statements in the Company’s 2020 Annual Report on Form 10-K for further discussion of these matters. Warranties and Guarantees In the normal course of business, the Company issues product warranties and product performance guarantees. It accrues for the estimated cost of product warranties and product performance guarantees based on contract terms and historical experience at the time of sale. Adjustments to initial obligations for warranties and guarantees are made as changes to the obligations become reasonably estimable. Product warranties and product performance guarantees are included in Accrued liabilities. The following table summarizes information concerning recorded obligations for product warranties and product performance guarantees: Nine Months Ended October 2, September 26, Beginning of period $ 22 $ 25 Accruals for warranties/guarantees issued during the year 12 13 Adjustment of pre-existing warranties/guarantees ( 1 ) - Settlement of warranty/guarantee claims ( 13 ) ( 12 ) End of period $ 20 $ 26

Long-term Debt and Credit Agree

Long-term Debt and Credit Agreement	9 Months Ended
	Oct. 02, 2021
Debt Disclosure [Abstract]
Long-term Debt and Credit Agreement	Note 13. Long-term Debt and Credit Agreement The Company’s debt as of October 2, 2021 and December 31, 2020 consisted of the following: October 2, 2021 December 31, 2020 4.000 % notes due 2029 $ 300 $ - 6.125 % notes due 2026 - 400 Five-year variable rate term loan A due 2023 - 315 Seven-year variable rate term loan B due 2025 - 465 Seven-year variable rate term loan B due 2028 945 - Unamortized deferred financing costs ( 13 ) ( 18 ) Total outstanding indebtedness 1,232 1,162 Less: Amounts expected to be paid within one year 10 7 Total long-term debt due after one year $ 1,222 $ 1,155 On February 12, 2021, the Company entered into an amended and restated credit agreement (the “A&R Credit Agreement”). The A&R Credit Agreement provides for (i) a seven-year senior secured term B loan facility in an aggregate principal amount of $ 950 million (the “A&R Term B Facility”) and (ii) a five-year senior secured revolving credit facility in an aggregate principal amount of $ 500 million (the “A&R Revolving Credit Facility” and, together with the A&R Term B Facility, the “A&R Senior Credit Facilities”). The A&R Credit Agreement replaces the five-year variable rate term loan A due 2023 , the seven-year variable rate term loan B due 2025 and the five-year senior secured first-lien revolving credit facility. In addition to paying interest on outstanding borrowings under the A&R Revolving Credit Facility, the Company is required to pay a quarterly commitment fee based on the unused portion of the A&R Revolving Credit Facility. Borrowings under the A&R Credit Agreement can be prepaid at the Company’s option without premium or penalty other than a 1.00 % prepayment premium that may be payable in connection with certain repricing transactions within a certain period of time after the closing date. Up to $ 75 million may be utilized under the A&R Revolving Credit Facility for the issuance of letters of credit to the Company or any of the Company’s subsidiaries. The A&R Senior Credit Facilities are subject to an interest rate and interest period which the Company will elect. If the Company chooses to make a base rate borrowing on an overnight basis, the interest rate will be based on the highest of (1) the rate of interest last quoted by The Wall Street Journal as the “prime rate” in the United States, (2) the greater of the federal funds effective rate and the overnight bank funding rate, plus 0.5 % and (3) the one month adjusted LIBOR rate, plus 1.00 % per annum. For the A&R Term Loan B, the applicable LIBOR rate will not be less than 0.50 % per annum. The applicable margin for the A&R Term B Facility is 2.25 % per annum (for LIBOR loans) and 1.25 % per annum (for base rate loans). The applicable margin for the A&R Revolving Credit Facility varies from 2.25 % per annum to 1.75 % per annum (for LIBOR loans) and 1.25 % to 0.75 % per annum (for base rate loans) based on the Company’s leverage ratio. The A&R Credit Agreement contains certain financial maintenance covenants and affirmative and negative covenants customary for financings of this type. All obligations under the A&R Senior Credit Facilities are unconditionally guaranteed jointly and severally by the Company and substantially all of the direct and indirect wholly owned subsidiaries of the Company that are organized under the laws of the United States (collectively, the “Guarantors”). The A&R Senior Credit Facilities are secured on a first priority basis by the equity interests of each direct subsidiary of the Company, as well as the tangible and intangible personal property and material real property of the Company and each of the Guarantors. As of October 2, 2021 , there were no borrowings and no letters of credit issued under the Revolving Credit Facility. At October 2, 2021 the interest rate for the A&R Term B Facility was 2.75 % On February 16, 2021 the Company redeemed $ 140 million in principal amount of the 6.125 % senior unsecured notes (the “Senior Notes due 2026 ”) at a redemption price of 106.125 % of par plus accrued interest. As a result of the Senior Notes due 2026 redemption and the execution of the A&R Credit Agreement, debt extinguishment costs of $ 23 million were incurred during the three months ended April 3, 2021 and were recorded in Other expense, net. On August 26, 2021, the Company redeemed the remaining $ 260 million in principal amount of the Senior Notes due 2026 at a redemption price of 105.594 % of par plus accrued interest. As a result, debt extinguishment costs of $ 18 million were incurred during the three months ended October 2, 2021. On August 26, 2021, the Company issued $ 300 million in principal amount 4 % senior unsecured notes due in 2029 (the “Senior Notes due 2029”). The Senior Notes due 2029 are senior unsecured obligations of Resideo guaranteed by Resideo’s existing and future domestic subsidiaries and rank equally with all of Resideo’s senior unsecured debt and senior to all of Resideo’s subordinated debt. Before September 1, 2024 the Company may, at its option, redeem the Senior Notes due 2029 in whole or in part at a redemption price equal to 100 % of the principal amount of the Senior Notes due 2029 redeemed, plus accrued and unpaid interest, if any, plus a “make-whole” premium. On or after September 1, 2024 Resideo may, at its option, redeem the Senior Notes due 2029 in whole or in part at a redemption price equal to 100 % of the principal amount of Senior Notes due 2029 plus accrued and unpaid interest, plus a fixed redemption percentage on the principal amount of the Senior Notes due 2029 redeemed of (i) 102 % if redeemed during the twelve-month period beginning on September 1, 2024 (ii) 101 % if redeemed during the twelve-month period beginning on September 1, 2025 , (iii) 100 % if redeemed on or after November 1, 2026 . The Senior Notes due 2029 limit the Company and its restricted subsidiaries’ ability to, among other things, incur additional secured indebtedness and issue preferred stock; enter into certain sale and leaseback transactions; incur liens; and consolidate, merge or sell all or substantially all of their assets. These covenants are subject to a number of limitations and exceptions. Additionally, upon certain events constituting a change of control together with a ratings downgrade, the holders of the Senior Notes due 2029 have the right to require the Company to offer to repurchase the Senior Notes due 2029 at a purchase price equal to 101 % of their principal amount, plus accrued and unpaid interest, to (but not including) the date of purchase. The Company incurred approximately $ 4 million in debt issuance costs related to the Senior Notes due 2029. The debt issuance costs associated with the Senior Notes due 2029 are recorded as a reduction of the principal balance of the debt. All issuance costs are being amortized through interest expense for the term of the Senior Notes due 2029. The Company assessed the amounts recorded under the A&R Term B Facility, the Senior Notes due 2029, and the Revolving Credit Facility. The Company determined that the Revolving Credit Facility approximated fair value. The A&R Term B Facility and the Senior Notes due 2029’s fair values are approximately $ 948 million and $ 295 million, respectively. The fair values of the debt are based on the quoted inactive prices and are therefore classified as Level 2 within the valuation hierarchy.

Derivative Instruments

Derivative Instruments	9 Months Ended
	Oct. 02, 2021
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Derivative Instruments	Note 14. Derivative Instruments The Company uses interest rate swap agreements to manage exposure to interest rate risks. The Company does not use interest rate swap agreements for speculative or trading purposes. The gain or loss on the interest rate swaps that qualify as derivatives is recorded in Accumulated other comprehensive loss and is subsequently recognized as Interest expense in the Interim Consolidated Statements of Operations when the hedged exposure affects earnings. If the related debt or the interest rate swap is terminated prior to maturity, the fair value of the interest rate swap recorded in Accumulated other comprehensive loss may be recognized in the Consolidated Interim Statements of Operations based on an assessment of the agreements at the time of termination. In March 2021, the Company entered into eight interest rate swap agreements (the “Swap Agreements”) with several financial institutions for a combined notional value of $ 560 million. The effect of the Swap Agreements is to convert a portion of the Company’s variable interest rate obligations based on three-month LIBOR with a minimum rate of 0.50 % per annum to a base fixed weighted average rate of 0.9289 % over terms ranging from three to five years . The Swap Agreements are adjusted to fair value on a quarterly basis. The estimated fair value is based on Level 2 inputs primarily including the forward LIBOR curve available to swap dealers. Contract gains recognized in other comprehensive income (loss) and amounts reclassified from Accumulated other comprehensive loss into earnings were not material for any of the periods presented. The fair value of the Swap Agreements at October 2, 2021 was not material. Amounts expected to be reclassified into earnings in the next 12 months were not material as of October 2, 2021.

Pension

Pension	9 Months Ended
	Oct. 02, 2021
Compensation And Retirement Disclosure [Abstract]
Pension	Note 15. Pension The Company sponsors multiple funded and unfunded U.S. and non-U.S. defined benefit pension plans. Pension benefits for many of its U.S. employees are provided through non-contributory, qualified and non-qualified defined benefit plans. It also sponsors defined benefit pension plans which cover non-U.S. employees who are not U.S. citizens, in certain jurisdictions, principally Germany, Austria, Belgium, France, India, Switzerland, and the Netherlands. The pension obligations as of October 2, 2021 and December 31, 2020 were $ 166 million and $ 168 million, respectively, and are included in Other liabilities in the unaudited Consolidated Interim Balance Sheets. Net periodic benefit cost recognized in Comprehensive income (loss) for the three and nine months ended October 2, 2021 is $ 2 million and $ 7 million, respectively. Net periodic benefit cost recognized in Comprehensive income (loss) for the three and nine months ended September 26, 2020 was $ 2 million and $ 6 million, respectively. The components of net periodic benefit costs other than the service cost are included in Other expense, net in the unaudited Consolidated Interim Statements of Operations for the three and nine months ended October 2, 2021 and September 26, 2020 .

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Oct. 02, 2021
Accounting Policies [Abstract]
Recent Accounting Pronouncements	Recent Accounting Pronouncements —The Company considers the applicability and impact of all recent accounting standards updates (“ASUs”) issued by the Financial Accounting Standards Board (“FASB”). ASUs not listed below were assessed and determined to be either not applicable or are expected to have an immaterial impact on the Company’s consolidated financial position or results of operations. In March 2020, the FASB issued ASU No. 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting, which is optional guidance related to reference rate reform that provides practical expedients for contract modifications and certain hedging relationships associated with the transition from reference rates that are expected to be discontinued. This guidance along with its subsequent clarifications, is effective from March 12, 2020 through December 31, 2022 and is applicable for the Company’s A&R Senior Credit Facilities and Swap Agreements, which use LIBOR as a reference rate. Refer to Note 13. Long-term Debt and Credit Agreement for further details on the Company’s A&R Senior Credit Facilities and Note 14. Derivative Instruments for further details on the Company's Swap Agreements. The Company is currently evaluating the potential impact of this standard on its consolidated financial statements.

Revenue Recognition (Tables)

Revenue Recognition (Tables)	9 Months Ended
	Oct. 02, 2021
Revenue From Contract With Customer [Abstract]
Schedule of Disaggregated Revenue	Revenues by geography and business line are as follows: Three Months Ended Nine Months Ended October 2, September 26, October 2, September 26, Comfort $ 303 $ 297 $ 877 $ 725 Security 172 142 512 379 Residential Thermal Solutions 156 133 446 341 Products & Solutions 631 572 1,835 1,445 U.S. and Canada 727 650 2,125 1,758 EMEA (1) 128 129 402 338 APAC (2) 10 11 30 29 ADI Global Distribution 865 790 2,557 2,125 Net revenue $ 1,496 $ 1,362 $ 4,392 $ 3,570 (1) EMEA represents Europe, the Middle East and Africa. (2) APAC represents Asia and Pacific countries.

Segment Financial Data (Tables)

Segment Financial Data (Tables)	9 Months Ended
	Oct. 02, 2021
Segment Reporting [Abstract]
Schedule of Segment Information	Segment information is consistent with how management reviews the businesses, makes investing and resource allocation decisions, and assesses operating performance. Three Months Ended Nine Months Ended October 2, September 26, October 2, September 26, Revenue Total Products & Solutions revenue $ 726 $ 674 $ 2,121 $ 1,715 Less: Intersegment revenue 95 102 286 270 External Products & Solutions revenue 631 572 1,835 1,445 External ADI Global Distribution revenue 865 790 2,557 2,125 Total revenue $ 1,496 $ 1,362 $ 4,392 $ 3,570 Three Months Ended Nine Months Ended October 2, September 26, October 2, September 26, Operating profit (loss) Products & Solutions $ 157 $ 141 $ 416 $ 241 ADI Global Distribution 73 56 198 135 Corporate ( 63 ) ( 66 ) ( 196 ) ( 217 ) Total $ 167 $ 131 $ 418 $ 159

Leases (Tables)

Leases (Tables)	9 Months Ended
	Oct. 02, 2021
Leases [Abstract]
Schedule of Operating Lease Costs	The Company’s operating lease costs for the three and nine months ended October 2, 2021 and September 26, 2020 consisted of the following: Three Months Ended Nine Months Ended October 2, September 26, October 2, September 26, Cost of goods sold $ 5 $ 5 $ 13 $ 13 Selling, general and administrative 12 13 34 33 Total operating lease costs $ 17 $ 18 $ 47 $ 46
Summary of Lease Recognized Related to Operating Leases	The Company recognized the following related to its operating leases: Financial At October 2, At December 31, Operating right-of-use assets Other assets $ 134 $ 133 Operating lease liabilities - current Accrued liabilities $ 33 $ 33 Operating lease liabilities - noncurrent Other liabilities $ 112 $ 107
Maturities of Operating Lease Liabilities	Maturities of the Company’s operating lease liabilities were as follows: At October 2, 2021 $ 10 2022 39 2023 34 2024 23 2025 17 Thereafter 46 Total lease payments 169 Less: imputed interest 24 Present value of operating lease liabilities $ 145 Weighted-average remaining lease term (years) 5.75 Weighted-average incremental borrowing rate 5.39 %
Supplemental Cash Flow Information Related to Operating Leases	Supplemental cash flow information related to the Company’s operating leases was as follows: Nine Months Ended October 2, 2021 September 26, 2020 Operating cash outflows $ 25 $ 22 Operating right-of-use assets obtained in exchange for operating lease liabilities $ 31 $ 22

Other Expense, Net (Tables)

Other Expense, Net (Tables)	9 Months Ended
	Oct. 02, 2021
Other Income And Expenses [Abstract]
Summary of Other Expense Net	Three Months Ended Nine Months Ended October 2, September 26, October 2, September 26, Reimbursement Agreement expense $ 39 $ 38 $ 111 $ 107 Loss on extinguishment of debt 18 - 41 - Other 1 ( 3 ) ( 22 ) ( 1 ) $ 58 $ 35 $ 130 $ 106

Earnings (Loss) Per Share (Tabl

Earnings (Loss) Per Share (Tables)	9 Months Ended
	Oct. 02, 2021
Earnings Per Share [Abstract]
Schedule of Computation of Basic and Diluted Earnings Per Share	The following table sets forth the computation of basic and diluted earnings per share (in millions except shares in thousands and per share data): Three Months Ended Nine Months Ended October 2, September 26, October 2, September 26, Net income (loss) $ 68 $ 75 $ 175 $ ( 22 ) Shares used in computing basic earnings per share 144,284 123,421 143,865 123,194 Effect of dilutive securities: Dilutive effect of common stock equivalents 4,275 1,814 4,395 - Shares used in computing diluted earnings per share 148,559 125,235 148,260 123,194 Earnings (loss) per share: Basic $ 0.47 $ 0.61 $ 1.22 $ ( 0.18 ) Diluted $ 0.46 $ 0.60 $ 1.18 $ ( 0.18 )

Inventories Net (Tables)

Inventories Net (Tables)	9 Months Ended
	Oct. 02, 2021
Inventory Disclosure [Abstract]
Inventories	October 2, 2021 December 31, 2020 Raw materials $ 161 $ 127 Work in process 18 19 Finished products 531 526 $ 710 $ 672

Accrued Liabilities (Tables)

Accrued Liabilities (Tables)	9 Months Ended
	Oct. 02, 2021
Payables And Accruals [Abstract]
Summary of Accrued Liabilities	October 2, 2021 December 31, 2020 Obligations payable under Indemnification Agreements $ 140 $ 140 Taxes payable 55 62 Compensation, benefit and other employee-related 105 105 Customer rebate reserve 73 91 Litigation reserve 55 3 Restructuring reserve 10 24 Other 179 170 $ 617 $ 595

Commitments and Contingencies (

Commitments and Contingencies (Tables)	9 Months Ended
	Oct. 02, 2021
Loss Contingencies [Line Items]
Summary of Recorded Obligations for Product Warranties and Product Performance Guarantee	The following table summarizes information concerning recorded obligations for product warranties and product performance guarantees: Nine Months Ended October 2, September 26, Beginning of period $ 22 $ 25 Accruals for warranties/guarantees issued during the year 12 13 Adjustment of pre-existing warranties/guarantees ( 1 ) - Settlement of warranty/guarantee claims ( 13 ) ( 12 ) End of period $ 20 $ 26
Honeywell
Loss Contingencies [Line Items]
Summary of Reimbursement Agreement Liabilities	The following table summarizes information concerning the Company’s Reimbursement Agreement liabilities: Nine Months Ended October 2, September 26, Beginning balance $ 591 $ 585 Accruals for indemnification liabilities deemed probable and reasonably estimable 111 107 Indemnification payment ( 105 ) ( 70 ) Ending balance (1) $ 597 $ 622 (1) Reimbursement Agreement liabilities deemed probable and reasonably estimable, however, it is possible the Company could pay $ 140 million per year (exclusive of any late payment fees up to 5 % per annum) until the earlier of (1) December 31, 2043; or (2) December 31 of the third consecutive year during which the annual reimbursement obligation (including in respect of deferred payment amounts) has been less than $ 25 million.
Summary of Reimbursement Agreement Liabilities Included in Balance Sheet Accounts	Reimbursement Agreement liabilities are included in the following balance sheet accounts: October 2, 2021 December 31, 2020 Accrued liabilities $ 140 $ 140 Obligations payable under Indemnification Agreements 457 451 $ 597 $ 591

Long-term Debt and Credit Agr_2

Long-term Debt and Credit Agreement (Tables)	9 Months Ended
	Oct. 02, 2021
Debt Disclosure [Abstract]
Schedule of Debt	The Company’s debt as of October 2, 2021 and December 31, 2020 consisted of the following: October 2, 2021 December 31, 2020 4.000 % notes due 2029 $ 300 $ - 6.125 % notes due 2026 - 400 Five-year variable rate term loan A due 2023 - 315 Seven-year variable rate term loan B due 2025 - 465 Seven-year variable rate term loan B due 2028 945 - Unamortized deferred financing costs ( 13 ) ( 18 ) Total outstanding indebtedness 1,232 1,162 Less: Amounts expected to be paid within one year 10 7 Total long-term debt due after one year $ 1,222 $ 1,155

Organization, Operations and Ba

Organization, Operations and Basis of Presentation - Additional Information (Details)	9 Months Ended
	Oct. 02, 2021
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Date of business spin-off	Oct. 29, 2018

Revenue Recognition - Schedule

Revenue Recognition - Schedule of Disaggregated Revenue (Details) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Oct. 02, 2021	Sep. 26, 2020	Oct. 02, 2021	Sep. 26, 2020
Disaggregation Of Revenue [Line Items]
Revenue		$ 1,496	$ 1,362	$ 4,392	$ 3,570
Products & Solutions
Disaggregation Of Revenue [Line Items]
Revenue		631	572	1,835	1,445
Products & Solutions | Comfort
Disaggregation Of Revenue [Line Items]
Revenue		303	297	877	725
Products & Solutions | Security
Disaggregation Of Revenue [Line Items]
Revenue		172	142	512	379
Products & Solutions | Residential Thermal Solutions
Disaggregation Of Revenue [Line Items]
Revenue		156	133	446	341
ADI Global Distribution
Disaggregation Of Revenue [Line Items]
Revenue		865	790	2,557	2,125
ADI Global Distribution | U.S. and Canada
Disaggregation Of Revenue [Line Items]
Revenue		727	650	2,125	1,758
ADI Global Distribution | EMEA
Disaggregation Of Revenue [Line Items]
Revenue	[1]	128	129	402	338
ADI Global Distribution | APAC
Disaggregation Of Revenue [Line Items]
Revenue	[2]	$ 10	$ 11	$ 30	$ 29
[1]	EMEA represents Europe, the Middle East and Africa.
[2]	APAC represents Asia and Pacific countries.

Revenue Recognition - Additiona

Revenue Recognition - Additional Information (Details)	Oct. 02, 2021
Revenue From Contract With Customer [Abstract]
Percentage of revenue satisfied over time	3.00%

Segment Financial Data - Additi

Segment Financial Data - Additional Information (Details)	9 Months Ended
	Oct. 02, 2021Segment
Segment Reporting [Abstract]
Number of operating segments	2

Segment Financial Data - Schedu

Segment Financial Data - Schedule of Segment Information (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 02, 2021	Sep. 26, 2020	Oct. 02, 2021	Sep. 26, 2020
Revenue
Revenue	$ 1,496	$ 1,362	$ 4,392	$ 3,570
Operating profit (loss)
Total	167	131	418	159
Products & Solutions
Revenue
Revenue	631	572	1,835	1,445
Operating profit (loss)
Total	157	141	416	241
ADI Global Distribution
Revenue
Revenue	865	790	2,557	2,125
Operating profit (loss)
Total	73	56	198	135
Corporate
Operating profit (loss)
Total	(63)	(66)	(196)	(217)
Operating Segments | Products & Solutions
Revenue
Revenue	726	674	2,121	1,715
Intersegment Revenue Eliminations | Products & Solutions
Revenue
Revenue	$ (95)	$ (102)	$ (286)	$ (270)

Stock-Based Compensation Plans

Stock-Based Compensation Plans - Additional Information (Details) - 2018 Stock Incentive Plan	9 Months Ended
	Oct. 02, 2021$ / sharesshares
Market-Based Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average grant date fair value	$ 42.89
Market-Based Restricted Stock Units | Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Awards granted | shares	500,227
Service-based Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average grant date fair value	$ 27.41
Service-based Restricted Stock Units | Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Awards granted | shares	1,125,136
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average exercise price stock options granted	$ 25.48
Weighted average grant date fair value per share	$ 7.69
Stock Options | Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of stock options granted | shares	150,000

Leases - Schedule of Operating

Leases - Schedule of Operating Lease Costs (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 02, 2021	Sep. 26, 2020	Oct. 02, 2021	Sep. 26, 2020
Lessee Lease Description [Line Items]
Total operating lease costs	$ 17	$ 18	$ 47	$ 46
Cost of Goods Sold
Lessee Lease Description [Line Items]
Total operating lease costs	5	5	13	13
Selling, General and Administrative Expenses
Lessee Lease Description [Line Items]
Total operating lease costs	$ 12	$ 13	$ 34	$ 33

Leases - Additional Information

Leases - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 02, 2021	Sep. 26, 2020	Oct. 02, 2021	Sep. 26, 2020
Leases [Abstract]
Variable lease costs	$ 5	$ 5	$ 13	$ 12

Leases - Summary of Lease Recog

Leases - Summary of Lease Recognized Related to Operating Leases (Details) - USD ($) $ in Millions	Oct. 02, 2021	Dec. 31, 2020
Leases [Abstract]
Operating right-of-use assets	$ 134	$ 133
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	us-gaap:OtherAssets	us-gaap:OtherAssets
Operating lease liabilities - current	$ 33	$ 33
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	Accrued liabilities	Accrued liabilities
Operating lease liabilities - noncurrent	$ 112	$ 107
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	us-gaap:OtherLiabilitiesCurrent	us-gaap:OtherLiabilitiesCurrent

Leases - Maturities of Operatin

Leases - Maturities of Operating Lease Liabilities (Details) $ in Millions	Oct. 02, 2021USD ($)
Leases [Abstract]
2021	$ 10
2022	39
2023	34
2024	23
2025	17
Thereafter	46
Total lease payments	169
Less: imputed interest	24
Present value of operating lease liabilities	$ 145
Weighted-average remaining lease term (years)	5 years 9 months
Weighted-average incremental borrowing rate	5.39%

Leases - Supplemental Cash Flow

Leases - Supplemental Cash Flow Information Related to Operating Leases (Details) - USD ($) $ in Millions	9 Months Ended
	Oct. 02, 2021	Sep. 26, 2020
Leases [Abstract]
Operating cash outflows	$ 25	$ 22
Operating right-of-use assets obtained in exchange for operating lease liabilities	$ 31	$ 22

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 02, 2021	Sep. 26, 2020	Oct. 02, 2021	Sep. 26, 2020
Income Tax Disclosure [Abstract]
Tax expense	$ 29	$ 7	$ 76	$ 26
Interim period tax expense (benefit)	32		80
Tax benefit for changes in estimates related to prior years	$ 3		$ 4

Other Expense, Net - Summary of

Other Expense, Net - Summary of Other Expense Net (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 02, 2021	Sep. 26, 2020	Oct. 02, 2021	Sep. 26, 2020
Other Income And Expenses [Abstract]
Reimbursement Agreement expense	$ 39	$ 38	$ 111	$ 107
Loss on extinguishment of debt	18		41
Other	1	(3)	(22)	(1)
Other expense net	$ 58	$ 35	$ 130	$ 106

Earnings (Loss) Per Share - Sch

Earnings (Loss) Per Share - Schedule of Computation of Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended		9 Months Ended
	Oct. 02, 2021	Sep. 26, 2020	Oct. 02, 2021	Sep. 26, 2020
Earnings Per Share [Abstract]
Net income (loss)	$ 68	$ 75	$ 175	$ (22)
Shares used in computing basic earnings per share	144,284	123,421	143,865	123,194
Effect of dilutive securities:
Dilutive effect of common stock equivalents	4,275	1,814	4,395
Shares used in computing diluted earnings per share	148,559	125,235	148,260	123,194
Earnings (loss) per share:
Basic	$ 0.47	$ 0.61	$ 1.22	$ (0.18)
Diluted	$ 0.46	$ 0.60	$ 1.18	$ (0.18)

Earnings (Loss) Per Share - Add

Earnings (Loss) Per Share - Additional Information (Details) - shares shares in Thousands	3 Months Ended		9 Months Ended
	Oct. 02, 2021	Sep. 26, 2020	Oct. 02, 2021	Sep. 26, 2020
Earnings Per Share [Line Items]
Purchase of outstanding common stock were anti-dilutive	0	0	0	0
Options and Other Rights
Earnings Per Share [Line Items]
Purchase of outstanding common stock were anti-dilutive	200	1,100	200	3,600
Performance Based Unit Awards
Earnings Per Share [Line Items]
Purchase of outstanding common stock were anti-dilutive	800	800	700	600

Inventories Net (Details)

Inventories Net (Details) - USD ($) $ in Millions	Oct. 02, 2021	Dec. 31, 2020
Inventory Disclosure [Abstract]
Raw materials	$ 161	$ 127
Work in process	18	19
Finished products	531	526
Inventory, Net	$ 710	$ 672

Accrued Liabilities - Summary o

Accrued Liabilities - Summary of Accrued Liabilities (Details) - USD ($) $ in Millions	Oct. 02, 2021	Dec. 31, 2020
Accrued Liabilities, Current [Abstract]
Obligations payable under Indemnification Agreements	$ 140	$ 140
Taxes payable	55	62
Compensation, benefit and other employee-related	105	105
Customer rebate reserve	73	91
Litigation reserve	55	3
Restructuring reserve	10	24
Other	179	170
Total accrued liabilities	$ 617	$ 595

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Details) - USD ($)	Jul. 30, 2021	Oct. 29, 2018	Oct. 02, 2021	Sep. 26, 2020	Oct. 02, 2021	Sep. 26, 2020	Dec. 31, 2020
Loss Contingencies [Line Items]
Environmental liabilities			$ 22,000,000		$ 22,000,000		$ 22,000,000
Trademark license agreement					40 years
Settlement to be paid	$ 55,000,000
Insurance recoveries	39,000,000
Other Expense, Net
Loss Contingencies [Line Items]
Reimbursement agreement net expenses			39,000,000	$ 38,000,000	$ 111,000,000	$ 107,000,000
Selling, General and Administrative Expenses
Loss Contingencies [Line Items]
Claim settlement expense	$ 16,000,000
Indemnification Agreement
Loss Contingencies [Line Items]
Indemnification agreement description					On October 29, 2018, in connection with the Spin-Off, the Company entered into the Reimbursement Agreement with Honeywell pursuant to which the Company has an obligation to make cash payments to Honeywell in amounts equal to 90% of payments for certain Honeywell environmental-liability payments, which include amounts billed (“payments”), less 90% of Honeywell’s net insurance receipts relating to such liabilities, and less 90% of the net proceeds received by Honeywell in connection with (i) affirmative claims relating to such liabilities, (ii) contributions by other parties relating to such liabilities and (iii) certain property sales (the “recoveries”). The amount payable by the Company in respect of such liabilities arising in respect of any given year is subject to a cap of $140 million.
Indemnification Agreement | Maximum
Loss Contingencies [Line Items]
Indemnity liability annual cap		$ 140,000,000
Tax Matters Agreement
Loss Contingencies [Line Items]
Indemnified amount			130,000,000		$ 130,000,000		$ 139,000,000
Honeywell
Loss Contingencies [Line Items]
Indemnity liability annual cap			$ 140,000,000	140,000,000	$ 140,000,000	140,000,000
Honeywell | Trademark Agreement
Loss Contingencies [Line Items]
Royalty fee on net revenue			1.50%		1.50%
Royalty expense			$ 5,000,000	$ 7,000,000	$ 14,000,000	$ 18,000,000
Honeywell | Indemnification Agreement
Loss Contingencies [Line Items]
Indemnification payable percentage of payments		90.00%
Indemnification payable percentage of net insurance receipts		90.00%
Indemnification payable percentage of net proceeds received		90.00%

Commitments and Contingencies_2

Commitments and Contingencies - Summary of Reimbursement Agreement Liabilities (Details) - Honeywell - USD ($) $ in Millions	9 Months Ended
	Oct. 02, 2021	Sep. 26, 2020
Accrual for Reimbursement Agreement
Beginning balance	$ 591	$ 585
Accruals for indemnification liabilities deemed probable and reasonably estimable	111	107
Indemnification payment	(105)	(70)
Ending balance	$ 597	$ 622

Commitments and Contingencies_3

Commitments and Contingencies - Summary of Reimbursement Agreement Liabilities (Parenthetical) (Details) - Honeywell - USD ($)	9 Months Ended
	Oct. 02, 2021	Sep. 26, 2020
Loss Contingencies [Line Items]
Indemnity liability annual cap	$ 140,000,000	$ 140,000,000
Maximum
Loss Contingencies [Line Items]
Indemnification payable, late payment fee percentage	5.00%	5.00%
Maximum annual reimbursement obligation amount	$ 25,000,000	$ 25,000,000

Commitments and Contingencies_4

Commitments and Contingencies - Summary of Reimbursement Agreement Liabilities Included in Balance Sheet Accounts (Details) - Honeywell - USD ($) $ in Millions	Oct. 02, 2021	Dec. 31, 2020	Sep. 26, 2020	Dec. 31, 2019
Loss Contingency, Classification of Accrual [Abstract]
Reimbursement Agreement liabilities	$ 597	$ 591	$ 622	$ 585
Accrued Liabilities
Loss Contingency, Classification of Accrual [Abstract]
Reimbursement agreement current portion	140	140
Obligations Payable under Indemnification Agreement
Loss Contingency, Classification of Accrual [Abstract]
Reimbursement agreement Long Term Portion	$ 457	$ 451

Commitments and Contingencies_5

Commitments and Contingencies - Summary of Recorded Obligations for Product Warranties and Product Performance Guarantee (Details) - USD ($) $ in Millions	9 Months Ended
	Oct. 02, 2021	Sep. 26, 2020
Product Warranties and Guarantees [Roll forward]
Beginning of period	$ 22	$ 25
Accruals for warranties/guarantees issued during the year	12	13
Adjustment of pre-existing warranties/guarantees	(1)
Settlement of warranty/guarantee claims	(13)	(12)
End of period	$ 20	$ 26

Long-term Debt and Credit Agr_3

Long-term Debt and Credit Agreement - Schedule of Debt (Details) - USD ($) $ in Millions	Oct. 02, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Unamortized deferred financing costs	$ (13)	$ (18)
Total outstanding indebtedness	1,232	1,162
Less: Amounts expected to be paid within one year	10	7
Total long-term debt due after one year	1,222	1,155
4.000% notes due 2029
Debt Instrument [Line Items]
Long-term debt, gross	300	0
6.125% notes due 2026
Debt Instrument [Line Items]
Long-term debt, gross	0	400
Five Year Variable Rate Term Loan A Due 2023
Debt Instrument [Line Items]
Long-term debt, gross	0	315
Seven Year Variable Rate Term Loan B Due 2025
Debt Instrument [Line Items]
Long-term debt, gross	0	465
Seven Year Variable Rate Term Loan B Due 2028
Debt Instrument [Line Items]
Long-term debt, gross	$ 945	$ 0

Long-term Debt and Credit Agr_4

Long-term Debt and Credit Agreement - Schedule of Debt (Parenthetical) (Details)	Aug. 26, 2021	Feb. 16, 2021	Feb. 12, 2021	Oct. 02, 2021
4.000% notes due 2029
Debt Instrument [Line Items]
Interest rate	4.00%			4.00%
Debt instrument maturity year	2029			2029
6.125% notes due 2026
Debt Instrument [Line Items]
Interest rate		6.125%		6.125%
Debt instrument maturity year		2026		2026
Five Year Variable Rate Term Loan A Due 2023
Debt Instrument [Line Items]
Debt instrument maturity year			2023	2023
Seven Year Variable Rate Term Loan B Due 2025
Debt Instrument [Line Items]
Debt instrument maturity year			2025	2025
Seven Year Variable Rate Term Loan B Due 2028
Debt Instrument [Line Items]
Debt instrument maturity year				2028

Long-term Debt and Credit Agr_5

Long-term Debt and Credit Agreement - Additional Information (Details) - USD ($) $ in Millions	Aug. 26, 2021	Feb. 16, 2021	Feb. 12, 2021	Oct. 02, 2021	Apr. 03, 2021	Oct. 02, 2021
A&R Credit Agreement
Debt Instrument [Line Items]
Prepayment premium percentage in connection with repricing transactions			1.00%
A&R Credit Agreement | Federal Funds Effective Rate
Debt Instrument [Line Items]
Applicable interest rate on borrowings			0.50%
A&R Credit Agreement | London Interbank Offered Rate LIBOR
Debt Instrument [Line Items]
Applicable interest rate on borrowings			1.00%
A&R Credit Agreement | A&R Term B Facility
Debt Instrument [Line Items]
Principal amount issued			$ 950
Credit facilities term			7 years
Interest rate				2.75%		2.75%
Debt Instrument fair value				$ 948		$ 948
A&R Credit Agreement | A&R Term B Facility | London Interbank Offered Rate LIBOR
Debt Instrument [Line Items]
Applicable interest rate on borrowings			2.25%
A&R Credit Agreement | A&R Term B Facility | Base Rate
Debt Instrument [Line Items]
Applicable interest rate on borrowings			1.25%
A&R Credit Agreement | A&R Term B Facility | Minimum | London Interbank Offered Rate LIBOR
Debt Instrument [Line Items]
Applicable interest rate on borrowings			0.50%
A&R Credit Agreement | A&R Revolving Credit Facility
Debt Instrument [Line Items]
Principal amount issued			$ 500
Credit facilities term			5 years
A&R Credit Agreement | A&R Revolving Credit Facility | Maximum | London Interbank Offered Rate LIBOR
Debt Instrument [Line Items]
Applicable interest rate on borrowings			2.25%
A&R Credit Agreement | A&R Revolving Credit Facility | Maximum | Base Rate
Debt Instrument [Line Items]
Applicable interest rate on borrowings			1.25%
A&R Credit Agreement | A&R Revolving Credit Facility | Minimum | London Interbank Offered Rate LIBOR
Debt Instrument [Line Items]
Applicable interest rate on borrowings			1.75%
A&R Credit Agreement | A&R Revolving Credit Facility | Minimum | Base Rate
Debt Instrument [Line Items]
Applicable interest rate on borrowings			0.75%
A&R Credit Agreement | A&R Revolving Credit Facility | Letter of Credit | Maximum
Debt Instrument [Line Items]
Borrowings from credit facility for issuance of letters of credit			$ 75
Five Year Variable Rate Term Loan A Due 2023
Debt Instrument [Line Items]
Debt instrument maturity year			2023			2023
Seven Year Variable Rate Term Loan B Due 2025
Debt Instrument [Line Items]
Debt instrument maturity year			2025			2025
4% notes due 2029
Debt Instrument [Line Items]
Principal amount issued	$ 300
Debt instrument maturity year	2029					2029
Interest rate	4.00%			4.00%		4.00%
Debt instrument redemption price percentage						101.00%
Debt Instrument fair value				$ 295		$ 295
Debt issuance costs				$ 4		$ 4
4% notes due 2029 | Debt Instrument Redemption Period One
Debt Instrument [Line Items]
Debt instrument redemption price percentage						100.00%
4% notes due 2029 | Debt Instrument Redemption Period Two
Debt Instrument [Line Items]
Debt instrument redemption price percentage						100.00%
4% notes due 2029 | Debt Instrument Redemption Period Three
Debt Instrument [Line Items]
Debt instrument redemption price percentage						102.00%
Debt instrument, redemption period, beginning						Sep. 1, 2024
4% notes due 2029 | Debt Instrument Redemption Period Four
Debt Instrument [Line Items]
Debt instrument redemption price percentage						101.00%
Debt instrument, redemption period, beginning						Sep. 1, 2025
4% notes due 2029 | Debt Instrument Redemption Period Five
Debt Instrument [Line Items]
Debt instrument redemption price percentage						100.00%
Debt instrument, redemption period, beginning						Nov. 1, 2026
6.125% notes due 2026
Debt Instrument [Line Items]
Debt instrument maturity year		2026				2026
Debt instrument principal amount redeemed	$ 260	$ 140
Interest rate		6.125%		6.125%		6.125%
Debt instrument redemption price percentage	105.594%	106.125%
6.125% notes due 2026 | Senior Notes Redemption
Debt Instrument [Line Items]
Debt extinguishment costs				$ 18
6.125% notes due 2026 | Other Expense, Net | Senior Notes Redemption
Debt Instrument [Line Items]
Debt extinguishment costs					$ 23
Senior Credit Facilities | Letter of Credit
Debt Instrument [Line Items]
Borrowings from credit facility for issuance of letters of credit				0		$ 0
Senior Credit Facilities | Revolving Credit Facility
Debt Instrument [Line Items]
Borrowings from credit facility for issuance of letters of credit				$ 0		$ 0

Derivative Instruments - Additi

Derivative Instruments - Additional Information (Details) - Swap Agreements $ in Millions	1 Months Ended	9 Months Ended
	Mar. 31, 2021USD ($)Interestrateswap	Oct. 02, 2021
Derivative [Line Items]
Number of interest rate swap | Interestrateswap	8
Notional value | $	$ 560
Swap agreement description		The effect of the Swap Agreements is to convert a portion of the Company’s variable interest rate obligations based on three-month LIBOR with a minimum rate of 0.50% per annum to a base fixed weighted average rate of 0.9289% over terms ranging from three to five years. The Swap Agreements are adjusted to fair value on a quarterly basis.
Minimum
Derivative [Line Items]
Fixed weighted average rate	0.50%
Derivative term	3 years
Maximum
Derivative [Line Items]
Fixed weighted average rate	0.9289%
Derivative term	5 years

Pension - Additional Informatio

Pension - Additional Information (Details) - Pension Plan - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Oct. 02, 2021	Sep. 26, 2020	Oct. 02, 2021	Sep. 26, 2020	Dec. 31, 2020
Defined Benefit Plan Disclosure [Line Items]
Pension obligations	$ 166		$ 166		$ 168
Net periodic benefit cost	$ 2	$ 2	$ 7	$ 6