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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 27, 2015
Jun. 28, 2014
Jun. 27, 2015
Jun. 28, 2014
Sales $ 3,440 $ 3,841 $ 7,317 $ 8,194
Cost of goods sold and occupancy costs 2,626 2,958 5,566 6,296
Gross profit 814 883 1,751 1,898
Selling, general and administrative expenses 741 863 1,543 1,805
Asset impairments 4 22 9 72
Merger, restructuring, and other operating expenses, net 120 103 163 204
Legal accrual   80   80
Operating income (loss) (51) (185) 36 (263)
Other income (expense):        
Interest income 6 6 12 12
Interest expense (23) (16) (48) (41)
Other income (expense), net 1 (2) 2 (2)
Income (loss) before income taxes (67) (197) 2 (294)
Income tax expense (benefit) (9) (8) 15 4
Net loss (58) (189) (13) (298)
Less: Results attributable to the noncontrolling Interests   1   2
Net loss attributable to Office Depot, Inc. $ (58) $ (190) $ (13) $ (300)
Basic and diluted loss per share $ (0.11) $ (0.36) $ (0.02) $ (0.56)