v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 6 Months Ended
Jul. 18, 2026
Jul. 12, 2025
Cash flows from operating activities:    
Net income $ 80 $ 39
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 130 146
Share-based compensation 21 20
Loss on sale and impairment of long-lived assets 5 11
Expected future credit losses, net 7 16
Provision for deferred income taxes 29 (21)
Other, net 21 3
Net change in:    
Receivables, net (17) 38
Inventories, net (206) (73)
Operating lease right-of-use assets 4 62
Other assets 6 (65)
Accounts payable 155 (90)
Accrued expenses 31 (83)
Operating lease liabilities (31) (109)
Other liabilities 17 0
Net cash provided by (used in) operating activities 252 (106)
Cash flows from investing activities:    
Purchases of property and equipment (132) (95)
Proceeds from sales of property and equipment 1 20
Other, net (2) 0
Net cash used in investing activities of continuing operations (133) (75)
Net cash used in investing activities of discontinued operations (55) 0
Net cash used in investing activities (188) (75)
Cash flows from financing activities:    
Dividends paid (30) (30)
Repayment of long-term debt (29) 0
Other, net (7) (2)
Net cash used in financing activities (66) (32)
Effect of exchange rate changes on cash (1) 1
Net decrease in cash and cash equivalents (3) (212)
Cash and cash equivalents, beginning of period 3,123 1,869
Cash and cash equivalents, end of period 3,120 1,657
Non-cash transactions:    
Accrued purchases of property and equipment 21 15
Accrued dividends 16 16
Supplemental cash flow information:    
Interest paid $ 100 $ 40