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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
12 Months Ended
Dec. 30, 2023
Dec. 31, 2022
Dec. 25, 2021
Income Statement [Abstract]      
Sales $ 7,831 $ 8,491 $ 8,465
Cost of goods sold and occupancy costs 6,065 6,643 6,602
Gross profit 1,766 1,848 1,863 Close
Selling, general and administrative expenses 1,476 1,552 1,558 Close
Asset impairments 85 14 20 Close
Merger, restructuring and other operating expenses, net 4 39 51 CloseClose
Total Operating Expenses 1565.0 1605.0 1629.0 0 0 Close
Operating income 201 243 234 Close
Other income (expense):       Close
Interest income 10 5 1 Close
Interest expense (20) (16) (28) Close
Total Other Income Expenses -1.0 -1.0 -3.0 0.0 0 Close
Other income, net 9 10 24 CloseCloseClose
Income from continuing operations before income taxes 200 242 231 Close
Income tax expense 61 64 44 Close
Net income from continuing operations 139 178 187
Discontinued operations, net of tax   (12) (395) Close
Net income (loss) $ 139 $ 166 $ (208) Close
Basic earnings (loss) per share      
Continuing operations $ 3.61 $ 3.73 $ 3.54
Discontinued operations   (0.25) (7.47)
Net basic earnings (loss) per share 3.61 3.48 (3.93)
Diluted earnings (loss) per share      
Continuing operations 3.50 3.61 3.42
Discontinued operations   (0.24) (7.21)
Net diluted earnings (loss) per share $ 3.50 $ 3.37 $ (3.79)