XML 18 R2.htm IDEA: XBRL DOCUMENT v3.19.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 28, 2019
Sep. 29, 2018
Sep. 28, 2019
Sep. 29, 2018
Sales:        
Total sales $ 2,782 $ 2,887 $ 8,139 $ 8,345
Cost of goods and occupancy costs:        
Total cost of goods and occupancy costs 2,115 2,201 6,246 6,396
Gross profit 667 686 1,893 1,949
Selling, general and administrative expenses 532 567 1,621 1,674
Asset impairments 5   50  
Merger and restructuring expenses, net 22 14 105 45
Operating income 108 105 117 230
Other income (expense):        
Interest income 5 7 16 18
Interest expense (22) (31) (68) (91)
Other income, net 2 4 7 11
Income from continuing operations before income taxes 93 85 72 168
Income tax expense 33 25 28 55
Net income from continuing operations 60 60 44 113
Discontinued operations, net of tax       5
Net income $ 60 $ 60 $ 44 $ 118
Basic earnings per common share        
Continuing operations $ 0.11 $ 0.11 $ 0.08 $ 0.20
Discontinued operations       0.01
Net basic earnings per common share 0.11 0.11 0.08 0.21
Diluted earnings per common share        
Continuing operations 0.11 0.11 0.08 0.20
Discontinued operations       0.01
Net diluted earnings per common share $ 0.11 $ 0.11 $ 0.08 $ 0.21
Product        
Sales:        
Total sales $ 2,377 $ 2,453 $ 6,921 $ 7,072
Cost of goods and occupancy costs:        
Total cost of goods and occupancy costs 1,840 1,906 5,412 5,534
Service        
Sales:        
Total sales 405 434 1,218 1,273
Cost of goods and occupancy costs:        
Total cost of goods and occupancy costs $ 275 $ 295 $ 834 $ 862