v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 27, 2026
Dec. 27, 2025
Current assets:    
Cash and cash equivalents $ 56 $ 41
Accounts receivable, less allowances of $32 and $30, respectively 2,228 2,026
Vendor receivables, less allowances of $8 and $7, respectively 251 173
Inventories—net 1,703 1,711
Prepaid expenses 174 153
Other current assets 35 60
Total current assets 4,447 4,164
Property and equipment—net 2,713 2,681
Goodwill 5,796 5,794
Other intangibles—net 753 781
Other assets 627 523
Total assets 14,336 13,943
Current liabilities:    
Cash overdraft liability 168 168
Accounts payable 2,794 2,447
Accrued expenses and other current liabilities 799 839
Current portion of long-term debt 150 137
Total current liabilities 3,911 3,591
Long-term debt 5,087 5,063
Deferred tax liabilities 439 426
Other long-term liabilities 620 556
Total liabilities 10,057 9,636
Commitments and contingencies (Note 14)
Shareholders’ equity:    
Common stock, $0.01 par value—600 shares authorized; 258.2 issued and 216.3 outstanding as of June 27, 2026, and 256.6 issued and 220.5 outstanding as of December 27, 2025 3 3
Additional paid-in capital 3,857 3,777
Retained earnings 3,070 2,679
Accumulated other comprehensive income 48 48
Treasury Stock, 41.9 and 36.1 shares, respectively (2,699) (2,200)
Total shareholders’ equity 4,279 4,307
Total liabilities and shareholders' equity $ 14,336 $ 13,943