XML 12 R4.htm IDEA: XBRL DOCUMENT v3.25.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 27, 2025
Dec. 28, 2024
Current assets:    
Cash and cash equivalents $ 182 $ 166
Receivables, net 474 466
Inventories 699 770
Prepaid expenses and other current assets 30 30
Current assets held for sale 6 6
Total current assets 1,391 1,438
Property and equipment, net 252 299
Operating lease right-of-use assets 803 954
Goodwill 412 411
Other intangible assets, net 45 48
Deferred income taxes 109 102
Other assets 267 277
Total assets 3,279 3,529
Current liabilities:    
Trade accounts payable 685 697
Accrued expenses and other current liabilities 833 835
Income taxes payable 2 2
Short-term borrowings and current maturities of long-term debt 7 9
Total current liabilities 1,527 1,543
Deferred income taxes and other long-term liabilities 132 116
Pension and postretirement obligations, net 15 14
Long-term debt, net of current maturities 141 270
Operating lease liabilities, net of current portion 641 779
Total liabilities 2,456 2,722
Contingencies (Note 11)
Stockholders' equity:    
Common stock - authorized 80,000,000 shares of $0.01 par value; issued shares - 67,717,012 at September 27, 2025, and 67,414,115 at December 28, 2024; outstanding shares - 30,117,856 at September 27, 2025, and 29,814,959 at December 28, 2024 1 1
Additional paid-in capital 2,787 2,771
Accumulated other comprehensive loss (118) (124)
Accumulated deficit (321) (315)
Treasury stock, at cost - 37,599,156 shares at September 27, 2025 and December 28, 2024 (1,526) (1,526)
Total stockholders' equity 823 807
Total liabilities and stockholders’ equity $ 3,279 $ 3,529