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LEASES (Tables) | 12 Months Ended
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Dec. 31, 2022
Leases [Abstract] |
Components of Lease Expense | The components of lease expense were as follows:
(In millions) |  | 2022 |  |  | 2021 |  |  | 2020 |
Finance lease cost: |  |  |  |  |  |  |  |  |  |  |  |
Amortization of right-of-use assets |  | $ | 14 |  |  | $ | 18 |  |  | $ | 18 |
Interest on lease liabilities |  |  | 2 |  |  |  | 3 |  |  |  | 4 |
Operating lease cost |  |  | 334 |  |  |  | 350 |  |  |  | 402 |
Short-term lease cost |  |  | 6 |  |  |  | 4 |  |  |  | 6 |
Variable lease cost |  |  | 94 |  |  |  | 99 |  |  |  | 112 |
Sublease income |  |  | (2 | ) |  |  | (2 | ) |  |  | (2 | )
Total lease cost |  | $ | 448 |  |  | $ | 472 |  |  | $ | 540 |
Supplemental Cash Flow Information Related to Leases | Supplemental cash flow information related to leases was as follows:
(In millions) |  | 2022 |  |  | 2021 |  |  | 2020 |
Cash paid for amounts included in the measurement of lease liabilities |  |  |  |  |  |  |  |  |  |  |  |
Operating cash flows from finance leases |  | $ | 2 |  |  | $ | 3 |  |  | $ | 4 |
Operating cash flows from operating leases |  |  | 370 |  |  |  | 408 |  |  |  | 447 |
Financing cash flows from finance leases |  |  | 18 |  |  |  | 22 |  |  |  | 20 |
Right-of-use assets obtained in exchange for new finance lease liabilities |  |  | 4 |  |  |  | 3 |  |  |  | 29 |
Right-of-use assets obtained in exchange for new operating lease liabilities |  |  | 228 |  |  |  | 127 |  |  |  | 117 |
Supplemental Balance Sheets Information Related to Leases | Supplemental balance sheets information related to leases was as follows:
|  | December 31, |  |  | December 25, |
(In millions, except lease term and discount rate) |  | 2022 |  |  | 2021 |
Property and equipment, net |  | $ | 29 |  |  | $ | 39 |
Operating lease right-of-use assets |  |  | 874 |  |  |  | 936 |
Accrued expenses and other current liabilities |  |  | 281 |  |  |  | 304 |
Short-term borrowings and current maturities of long-term debt |  |  | 14 |  |  |  | 17 |
Long-term debt, net of current maturities |  |  | 24 |  |  |  | 35 |
Operating lease liabilities |  |  | 693 |  |  |  | 753 |
Weighted-average remaining lease term – finance leases |  | 3 |  |  | 4 |
Weighted-average remaining lease term – operating leases |  | 5 |  |  | 5 |
Weighted-average discount rate – finance leases |  |  | 4.9 | % |  |  | 5.0 | %
Weighted-average discount rate – operating leases |  |  | 6.1 | % |  |  | 5.8 | %
Schedule of Maturities of Lease Liabilities Under Operating and Finance Leases | Maturities of lease liabilities as of December 31, 2022 were as follows:
|  | December 31, 2022 |
|  | Operating |  |  | Finance |
(In millions) |  | Leases(1) |  |  | Leases(2) |
2023 |  | $ | 333 |  |  | $ | 15 |
2024 |  |  | 251 |  |  |  | 10 |
2025 |  |  | 182 |  |  |  | 7 |
2026 |  |  | 142 |  |  |  | 5 |
2027 |  |  | 96 |  |  |  | 3 |
Thereafter |  |  | 125 |  |  |  | 1 |
|  |  | 1,129 |  |  |  | 41 |
Less imputed interest |  |  | (155 | ) |  |  | (3 | )
Total |  | $ | 974 |  |  | $ | 38 |
Reported as of December 31, 2022 |  |  |  |  |  |  |  |
Accrued expenses and other current liabilities |  | $ | 281 |  |  | $ | — |
Short-term borrowings and current maturities of long-term debt |  |  | — |  |  |  | 14 |
Long-term debt, net of current maturities |  |  | — |  |  |  | 24 |
Operating lease liabilities |  |  | 693 |  |  |  | — |
Total |  | $ | 974 |  |  | $ | 38 |
(1) | Operating lease payments include $47 million related to options to extend lease terms that are reasonably certain of being exercised.
(2) | Finance lease payments include $1 million related to options to extend lease terms that are reasonably certain of being exercised and exclude $5 million of legally binding minimum lease payments for leases signed but not yet commenced.

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