Assets Held For Sale |
3 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 28, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill and Intangible Assets Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Assets Held For Sale | Assets Held For Sale The changes in assets held for sale for the three months ended March 28, 2026 were as follows:
The changes in assets held for sale for the three months ended March 29, 2025 were as follows:
During the three months ended March 28, 2026, one location was determined to meet the criteria for held for sale resulting in additions of $3 million within assets held for sale. During the three months ended March 29, 2025, the Company continued to enhance properties included within held for sale resulting in additions to assets held for sale. The Company evaluated the fair value for all assets included within assets held for sale and determined that there were no material changes in fair value during the three months ended March 28, 2026. A loss of $4 million was identified during the three months ended March 29, 2025 resulting from changes in fair value, which was recorded within selling, general, and administrative expenses on the consolidated statement of operations. In addition, the sale of one location and two locations during the three months ended March 28, 2026 and March 29, 2025, respectively, resulted in immaterial net losses in both periods. The Company will continue to evaluate the fair value of assets held for sale, which may result in additional net losses upon sale based on unfavorable market conditions or other economic factors in the future.
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