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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended
Apr. 01, 2023
Mar. 26, 2022
Income Statement [Abstract]    
Sales $ 2,108 $ 2,178
Cost of goods and occupancy costs 1,627 1,694
Gross profit 481 484 Close
Selling, general and administrative expenses 382 396 Close
Asset impairments 4 2 Close
Merger, restructuring and other operating expenses, net   10 CloseClose
Total Operating Expenses 386.0 408.0 0 0 0 Close
Operating income 95 76 Close
Other income (expense):    
Interest income 2 1
Interest expense (5) (5)
Other income, net 2 2 Close
Income from continuing operations before income taxes 94 74 CloseClose
Income tax expense 22 19 Close
Net income from continuing operations 72 55
Net income $ 72 $ 55 Close
Basic earnings per share    
Continuing operations $ 1.79 $ 1.14
Net basic earnings per share 1.79 1.14
Diluted earnings per share    
Continuing operations 1.71 1.09
Net diluted earnings per share $ 1.71 $ 1.09