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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 26, 2021
Jun. 27, 2020
Jun. 26, 2021
Jun. 27, 2020
Sales:        
Total sales $ 2,286 $ 2,158 $ 4,652 $ 4,883
Cost of goods and occupancy costs:        
Total cost of goods and occupancy costs 1,814 1,742 3,646 3,837
Gross profit 472 416 1,006 1,046
Selling, general and administrative expenses 428 406 880 928
Asset impairments 115 401 127 413
Merger, restructuring and other operating expenses, net 7 65 21 81
Operating loss (78) (456) (22) (376)
Other income (expense):        
Interest income       3
Interest expense (6) (11) (14) (29)
Loss on extinguishment and modification of debt   (12)   (12)
Other income, net 5 4 16 5
Loss before income taxes (79) (475) (20) (409)
Income tax expense (benefit) 9 (36) 15 (15)
Net loss $ (88) $ (439) $ (35) $ (394)
Loss per share        
Basic $ (1.62) $ (8.34) $ (0.65) $ (7.46)
Diluted $ (1.62) $ (8.19) $ (0.65) $ (7.31)
Product        
Sales:        
Total sales $ 1,961 $ 1,857 $ 4,012 $ 4,194
Cost of goods and occupancy costs:        
Total cost of goods and occupancy costs 1,590 1,531 3,199 3,358
Service        
Sales:        
Total sales 325 301 640 689
Cost of goods and occupancy costs:        
Total cost of goods and occupancy costs $ 224 $ 211 $ 447 $ 479