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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended
Mar. 29, 2025
Mar. 30, 2024
Income Statement [Abstract]    
Sales $ 1,699 $ 1,869
Cost of goods and occupancy costs 1,339 1,461
Gross profit 360 408
Selling, general and administrative expenses 306 341
Asset impairments 38 6
Merger and restructuring expenses, net 48 20
Operating income (loss) (32) 41
Other income (expense):    
Interest income 2 3
Interest expense (7) (5)
Other expense, net (2)  
Income (loss) from continuing operations before income taxes (39) 39
Income tax expense (benefit) (10) 8
Net income (loss) from continuing operations (29) 31
Discontinued operations, net of tax 0 (16)
Net income (loss) $ (29) $ 15
Basic earnings (loss) per share    
Continuing operations $ (0.97) $ 0.86
Discontinued operations 0 (0.44)
Net basic earnings (loss) per share (0.97) 0.42
Diluted earnings (loss) per share    
Continuing operations (0.97) 0.83
Discontinued operations 0 (0.43)
Net diluted earnings (loss) per share $ (0.97) $ 0.4