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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 27, 2025
Sep. 28, 2024
Sep. 27, 2025
Sep. 28, 2024
Income Statement [Abstract]        
Sales $ 1,625 $ 1,780 $ 4,911 $ 5,367
Cost of goods and occupancy costs 1,294 1,416 3,910 4,252
Gross profit 331 364 1,001 1,115
Selling, general and administrative expenses 293 323 884 974
Asset impairments 8 7 49 21
Merger and restructuring (income) expenses, net (4) 2 57 47
Legal matter monetization   (70)   (70)
Operating income 34 102 11 143
Other income (expense):        
Interest income 3 2 8 7
Interest expense (6) (6) (19) (16)
Other income (expense), net   (3) (6) (4)
Income (loss) from continuing operations before income taxes 31 95 (6) 130
Income tax expense (benefit) 8 27   35
Net income (loss) from continuing operations 23 68 (6) 95
Discontinued operations, net of tax 0 (10) 0 (95)
Net income (loss) $ 23 $ 58 $ (6) $ 0
Basic earnings (loss) per share        
Continuing operations $ 0.75 $ 2.06 $ (0.21) $ 2.72
Discontinued operations 0 (0.31) 0 (2.71)
Net basic earnings (loss) per share 0.75 1.75 (0.21) 0.01
Diluted earnings (loss) per share        
Continuing operations 0.72 2.04 (0.21) 2.65
Discontinued operations 0 (0.31) 0 (2.64)
Net diluted earnings (loss) per share $ 0.72 $ 1.73 $ (0.21) $ 0.01