Leases (Tables)

12 Months Ended

Dec. 28, 2019

Leases [Abstract]

Components of Lease Costs and Supplemental Information

The components of our lease costs were (in millions):

	December 28, 2019
Operating lease costs	$	191
Finance lease costs:
Amortization of right-of-use assets	27
Interest on lease liabilities	6
Short-term lease costs	13
Variable lease costs	1,270
Sublease income	(14		)
Total lease costs	$	1,493

Supplemental balance sheet information related to our leases was (in millions, except lease term and discount rate):

	December 28, 2019
	Operating Leases			Finance Leases
Right-of-use assets	$	542		$	185
Lease liabilities (current)	147			28
Lease liabilities (non-current)	454			158
Weighted average remaining lease term	6 years			9 years
Weighted average discount rate	4.0		%	3.4		%

Cash flows arising from lease transactions were (in millions):

	December 28, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash inflows/(outflows) from operating leases	$	(196	)
Operating cash inflows/(outflows) from finance leases	(6		)
Financing cash inflows/(outflows) from finance leases	(28		)
Right-of-use assets obtained in exchange for lease liabilities:
Operating leases	42
Finance leases	12

Schedule of Future Minimum Lease Payments for Operating Leases

Future minimum lease payments for leases in effect at December 28, 2019 were (in millions):

	Operating Leases			Finance Leases
2020	$	168		$	33
2021	131			74
2022	96			22
2023	69			10
2024	53			7
Thereafter	167			80
Total future undiscounted lease payments	684			226
Less imputed interest	(83		)	(40		)
Total lease liability	$	601		$	186

Schedule of Future Minimum Lease Payments for Finance Leases

Future minimum lease payments for leases in effect at December 28, 2019 were (in millions):

	Operating Leases			Finance Leases
2020	$	168		$	33
2021	131			74
2022	96			22
2023	69			10
2024	53			7
Thereafter	167			80
Total future undiscounted lease payments	684			226
Less imputed interest	(83		)	(40		)
Total lease liability	$	601		$	186

Schedule of Future Minimum Rental Payments for Operating Leases

Minimum rental commitments under non-cancelable operating leases in effect at December 29, 2018 under the previous lease standard, ASC 840, were (in millions):

2019	$	185
2020	137
2021	105
2022	70
2023	49
Thereafter	148
Total	$	694