Assets Held For Sale |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 27, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Intangible Asset, Goodwill and Other [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Assets Held For Sale | Assets Held For Sale The changes in assets held for sale for the six months ended June 27, 2026 were as follows:
The changes in assets held for sale for the six months ended June 28, 2025 were as follows:
During the six months ended June 27, 2026, two properties were determined to meet the criteria for held for sale resulting in additions of $4 million within assets held for sale. During the six months ended June 28, 2025, the Company continued to enhance properties included within held for sale resulting in additions to assets held for sale. During the six months ended June 27, 2026, it was determined that one property no longer met the criteria for held for sale and was transferred into held and used for $3 million. A loss of less than $1 million was recorded during each of the three and six months ended June 27, 2026 and losses of $2 million and $6 million were recorded during the three and six months ended June 28, 2025 resulting from changes in fair value, which were recorded within selling, general, and administrative expenses on the consolidated statement of operations. The sale of seven properties and eight properties during the three and six months ended June 27, 2026 resulted in a net gain of less than $1 million and net loss of less than $1 million, respectively. The sale of four properties and six properties during the three and six months ended June 28, 2025 resulted in net losses of less than $1 million, respectively. 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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