Restructuring and Related Activities (Tables)

3 Months Ended

Jun. 29, 2024

Restructuring and Related Activities [Abstract]

Schedule of Restructuring and Related Costs

The below table presents a roll forward of the Company’s restructuring liability related to its Global Optimization Plan (in millions):

	Severance and benefit costs		Lease-related and other costs			Total
Balance at March 30, 2024	$	21	$	1		$	22
Additions charged to expense	—		(1)		(1)	(1)
Payments	(12)		—			(12)
Balance at June 29, 2024	$	9	$	—		$	9

(1)Excludes $2 million of lease termination and store closure costs related to operating lease right-of-use assets recorded within restructuring and other expense (income) on the consolidated statement of operations and comprehensive (loss) income for the three months ended June 29, 2024.