v3.26.1
Restructuring (Tables)
4 Months Ended
Apr. 25, 2026
Restructuring and Related Activities [Abstract]  
Restructuring and Related Costs

Restructuring and related expenses for the periods presented was as follows:

 

 

 

Sixteen Weeks Ended

 

2024 Restructuring Plan Expenses:

 

April 25, 2026

 

 

April 19, 2025

 

Cost of sales:

 

 

 

 

 

 

Inventory (recovery) write-down

 

$

(6

)

 

$

 

Selling, general and administrative expenses:

 

 

 

 

 

 

Impairment and write-down of long-lived assets

 

 

5

 

 

 

41

 

Severance and other personnel expenses

 

 

 

 

 

15

 

Other location closure related expenses(1)

 

 

15

 

 

 

49

 

2024 Restructuring Plan Expenses

 

$

14

 

 

$

105

 

 

 

 

 

 

 

 

Other Restructuring Plan Expenses:

 

 

 

 

 

 

Cost of sales expenses:

 

 

 

 

 

 

Distribution network optimization

 

$

4

 

 

$

 

Selling, general and administrative expenses:

 

 

 

 

 

 

Distribution network optimization

 

 

3

 

 

 

3

 

Impairment and write-down of long-lived assets

 

 

4

 

 

 

4

 

Worldpac post transaction-related expenses

 

 

 

 

 

3

 

Other restructuring expenses(2)

 

 

5

 

 

 

3

 

Other Restructuring Plan Expenses

 

$

16

 

 

$

13

 

 

(1)
Other location closure related activity for the sixteen weeks ended April 25, 2026 includes $13 million for reserves on independent loans and the remaining of other related expenses are associated with location closures, including the transfer of assets. Other location closure related activity for the sixteen weeks ended April 19, 2025 includes $30 million of nonrecurring services rendered by third-party vendors assisting with the 2024 Restructuring Plan, $7 million for reserves on independent loans and the remaining other related expenses are associated with location closures, including the transfer of assets.
(2)
Other restructuring expenses primarily consists of nonrecurring services rendered by third-party vendors, severance and other personnel expenses.