XML 31 R20.htm IDEA: XBRL DOCUMENT v3.7.0.1

MERGER, ACQUISITION TERMINATION, AND RESTRUCTURING ACTIVITY (Tables)

3 Months Ended

Apr. 01, 2017

Summary of Major Components of Merger, Restructuring and Other Operating Expenses, Net

The table below and narrative that follows provides the major components of Merger, restructuring and other operating expenses, net.

		First Quarter
(In millions)		2017				2016
Merger related expenses
Severance, retention, and relocation		$	—			$	1
Transaction and integration			6				11
Facility closure, contract termination and other expenses, net			4				2
Total Merger related expenses			10				14
Staples Acquisition expenses
Retention			—				2
Transaction			—				20
Total Staples Acquisition expenses			—				22
Comprehensive Business Review and Other Restructuring expenses
Severance			9				3
Facility closure, contract termination, professional fees and other expenses, net			1				—
Total Comprehensive Business Review and Other Restructuring expenses			10				3
Total Merger, restructuring and other operating expenses, net		$	20			$	39

Facility Closure and Severance Costs

These remaining amounts are excluded from the table below because they are charges that are recorded as incurred, non-cash, or otherwise not associated with Merger and restructuring balance sheet accounts.

(In millions)		Balance as of December 31, 2016				Charges Incurred				Cash Payments				Lease Accretion and Other Adjustments				Balance as of April 1, 2017
Termination benefits:
Merger-related accruals		$	5			$	—			$	(1	)		$	—			$	4
Comprehensive Business Review			8				9				(12	)			—				5
Lease and contract obligations, accruals for facilities closures and other costs:
Merger-related accruals			40				3				(11	)			—				32
Comprehensive Business Review			13				(1	)			(4	)			—				8
Other restructuring accruals			5				—				(1	)			—				4
Acquired entity accruals			18				—				(2	)			1				17
Total		$	89			$	11			$	(31	)		$	1			$	70

Assets Held for Sale Activity

The assets held for sale activity for the first quarter 2017 is presented in the table below.

(In millions)
Balance as of December 31, 2016		$	23
Disposition			(3	)
Balance as of April 1, 2017		$	20

X

- Definition

Disclosure of Assets Held-for-sale [Table Text Block]

+ References

No definition available.

+ Details

Name:	odp_DisclosureOfAssetsHeldforsaleTableTextBlock
Namespace Prefix:	odp_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB TOPIC 5.P.4)
-URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140904-122747

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB TOPIC 5.P.3)
-URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140864-122747

+ Details

Name:	us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)(2)
-URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 5.P.4(b)(2))
-URI http://asc.fasb.org/extlink&oid=27011515&loc=d3e140904-122747

+ Details

Name:	us-gaap_ScheduleOfRestructuringReserveByTypeOfCostTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration