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Income Taxes
 3 Months Ended
Mar. 26, 2022
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
The Company’s effective tax rate on the loss from continuing operations for the three months ended March 26, 2022 was an expense of 6 percent, compared to an expense of 1 percent on the loss from continuing operations for the three months ended March 27, 2021.
The current quarter to date March 26, 2022 effective rate differs from the federal statutory rate of 21 percent primarily due to disallowed interest deductions in the U.S. and nondeductible executive compensation, partially offset by US tax credits and tax return to accrual adjustments. The effective tax rate for the three months ended March 27, 2021 differs from the federal statutory rate primarily due to disallowed interest deductions in the U.S., lower tax deductions on vested stock compensation, and tax return to accrual adjustments.

The Company has a $21 million receivable related to tax years recently examined by the IRS which is expected to be received within the next twelve months.
There has been a $1 million increase to the balance of unrecognized tax benefits reported at December 31, 2021.