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INCOME TAXES (Tables) | 12 Months Ended
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Dec. 25, 2021
Income Tax Disclosure [Abstract] |
Schedule of Components of Income (Loss) from Continuing Operations Before Income Taxes | The components of income (loss) from continuing operations before income taxes consisted of the following:
(In millions) |  | 2021 |  |  | 2020 |  |  | 2019 |
United States |  | $ | 173 |  |  | $ | (30 | ) |  | $ | 151 |
Foreign |  |  | 58 |  |  |  | (8 | ) |  |  | 27 |
Total income (loss) from continuing operations before income taxes |  | $ | 231 |  |  | $ | (38 | ) |  | $ | 178 |
Schedule Income Tax Expense (Benefit) Related to Income (Loss) From Continuing Operations | The income tax expense (benefit) related to income (loss) from continuing operations consisted of the following:
(In millions) |  | 2021 |  |  | 2020 |  |  | 2019 |
Current: |  |  |  |  |  |  |  |  |  |  |  |
Federal |  | $ | 14 |  |  | $ | (7 | ) |  | $ | (57 | )
State |  |  | 8 |  |  |  | 17 |  |  |  | 4 |
Foreign |  |  | 5 |  |  |  | 4 |  |  |  | 7 |
Deferred: |  |  |  |  |  |  |  |  |  |  |  |
Federal |  |  | 13 |  |  |  | 19 |  |  |  | 84 |
State |  |  | 2 |  |  |  | (5 | ) |  |  | 10 |
Foreign |  |  | 2 |  |  |  | (3 | ) |  |  | 3 |
Total income tax expense |  | $ | 44 |  |  | $ | 25 |  |  | $ | 51 |
Reconciliation of Income Taxes at The Federal Statutory Rate to The Provision for Income Taxes | The following is a reconciliation of income taxes at the U.S. Federal statutory rate to the provision for income taxes:
(In millions) |  | 2021 |  |  | 2020 |  |  | 2019 |
Federal tax computed at the statutory rate |  | $ | 48 |  |  | $ | (8 | ) |  | $ | 37 |
State taxes, net of Federal benefit |  |  | 10 |  |  |  | 4 |  |  |  | 8 |
Foreign income taxed at rates other than Federal |  |  | (5 | ) |  |  | 4 |  |  |  | (2 | )
Increase (decrease) in valuation allowance |  |  | (3 | ) |  |  | (3 | ) |  |  | 8 |
Non-deductible Goodwill impairments |  |  | — |  |  |  | 24 |  |  |  | — |
Other non-deductible expenses and settlements |  |  | 5 |  |  |  | 4 |  |  |  | 3 |
Tax basis differences in investment in subsidiaries |  |  | — |  |  |  | — |  |  |  | — |
Non-taxable income and additional deductible expenses |  |  | (3 | ) |  |  | (3 | ) |  |  | (4 | )
Change in unrecognized tax benefits |  |  | — |  |  |  | — |  |  |  | 2 |
Impact of stock compensation shortfall |  |  | (6 | ) |  |  | 2 |  |  |  | — |
Other items, net |  |  | (2 | ) |  |  | 1 |  |  |  | (1 | )
Income tax expense |  | $ | 44 |  |  | $ | 25 |  |  | $ | 51 |
Schedule of Components Deferred Income Tax Assets and Liabilities | The components of deferred income tax assets and liabilities consisted of the following:
|  | December 25, |  |  | December 26, |
(In millions) |  | 2021 |  |  | 2020 |
U.S. and foreign loss carryforwards |  | $ | 61 |  |  | $ | 71 |
Operating lease right-of-use assets |  |  | 273 |  |  |  | 327 |
Pension and other accrued compensation |  |  | 47 |  |  |  | 52 |
Basis difference in subsidiary held for sale |  |  | 23 |  |  |  | — |
Accruals for facility closings |  |  | 2 |  |  |  | 2 |
Inventory |  |  | 7 |  |  |  | 8 |
Self-insurance accruals |  |  | 14 |  |  |  | 15 |
Deferred revenue |  |  | 10 |  |  |  | 11 |
U.S. and foreign income tax credit carryforwards |  |  | 70 |  |  |  | 78 |
Allowance for bad debts |  |  | 5 |  |  |  | 5 |
Accrued expenses |  |  | 18 |  |  |  | 19 |
Basis difference in fixed assets |  |  | 36 |  |  |  | 36 |
Gross deferred tax assets |  |  | 566 |  |  |  | 624 |
Valuation allowance |  |  | (93 | ) |  |  | (99 | )
Deferred tax assets |  |  | 473 |  |  |  | 525 |
Internal software |  |  | 2 |  |  |  | 3 |
Operating lease liabilities |  |  | 251 |  |  |  | 297 |
Intangibles |  |  | 5 |  |  |  | 8 |
Undistributed foreign earnings |  |  | — |  |  |  | 2 |
Deferred tax liabilities |  |  | 258 |  |  |  | 310 |
Net deferred tax assets |  | $ | 215 |  |  | $ | 215 |
Summary of Valuation Allowances | The following summarizes the activity related to valuation allowances for deferred tax assets:
(In millions) |  | 2021 |  |  | 2020 |  |  | 2019 |
Beginning balance |  | $ | 99 |  |  | $ | 100 |  |  | $ | 92 |
Additions, charged to expense |  |  | — |  |  |  | 2 |  |  |  | 8 |
Reductions |  |  | (6 | ) |  |  | (3 | ) |  |  | — |
Ending balance |  | $ | 93 |  |  | $ | 99 |  |  | $ | 100 |
Summary of Activity Related to Unrecognized Tax Benefits | The following table summarizes the activity related to unrecognized tax benefits:
(In millions) |  | 2021 |  |  | 2020 |  |  | 2019 |
Beginning balance |  | $ | 13 |  |  | $ | 13 |  |  | $ | 11 |
Increase related to current year tax positions |  |  | — |  |  |  | — |  |  |  | 2 |
Ending balance |  | $ | 13 |  |  | $ | 13 |  |  | $ | 13 |

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