Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 29, 2025

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments in Consolidated Balance Sheets and Pre-Tax Gain (Loss) in Accumulated Other Comprehensive Loss

The following tables summarizes the fair value and presentation of derivative instruments in the Unaudited Consolidated Balance Sheets as well as the changes in fair value recorded in accumulated other comprehensive loss:


	Fair Value of Derivative Assets
(in millions)	Financial Statement Line Item	March 29, 2025		December 31, 2024





Derivatives designated as hedging instruments:
Interest rate derivatives	Other current assets	$	7	$	10
Interest rate derivatives	Other assets	2		3
Total derivative assets designated as hedging instruments		$	9	$	13

	Fair Value of Derivative Liabilities
(in millions)	Financial Statement Line Item	March 29, 2025		December 31, 2024
Derivatives designated as hedging instruments:
Interest rate derivatives	Accrued liabilities	$	6	$	6



Unrealized gain	Accumulated other comprehensive loss	$	5	$	8

Schedule of Effect of Derivative Instruments Designated as Cash Flow Hedges

The following table summarizes the effect of derivative instruments designated as cash flow hedges on other comprehensive income and the Unaudited Consolidated Statements of Operations:


		Three Months Ended
(in millions)	Financial Statement Line Item		March 29, 2025		March 30, 2024
Gains recorded in accumulated other comprehensive loss, beginning of period			$	8	$	25
Current period (loss) gain recognized in/reclassified from other comprehensive income	Other comprehensive income (loss)		(4)		1
Gains reclassified from accumulated other comprehensive loss to net income	Interest expense, net		1		(2)
Gains recorded in accumulated other comprehensive loss, end of period			$	5	$	24

RESIDEO TECHNOLOGIES, INC. 10-Q