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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 28, 2020
Dec. 28, 2019
Current assets:    
Cash and cash equivalents $ 1,077 $ 90
Accounts receivable, less allowances of $198 and $30 1,124 1,455
Vendor receivables, less allowances of $5 and $4 136 143
Inventories—net 1,426 1,432
Prepaid expenses 121 109
Assets held for sale 15 1
Other current assets 24 32
Total current assets 3,923 3,262
Property and equipment—net 2,105 2,075
Goodwill 4,728 4,728
Other intangibles—net 948 967
Deferred tax assets 7 0
Other assets 273 256
Total assets 11,984 11,288
Current liabilities:    
Cash overdraft liability 159 222
Accounts payable 1,299 1,460
Accrued expenses and other current liabilities 423 538
Current portion of long-term debt 146 142
Total current liabilities 2,027 2,362
Long-term debt 5,769 4,594
Deferred tax liabilities 296 308
Other long-term liabilities 310 315
Total liabilities 8,402 7,579
Commitments and contingencies (Note 18)
Shareholders’ equity:    
Common stock, $0.01 par value—600 shares authorized; 220 issued and outstanding as of March 28, 2020 and December 28, 2019 2 2
Additional paid-in capital 2,857 2,845
Retained earnings 783 916
Accumulated other comprehensive loss (60) (54)
Total shareholders’ equity 3,582 3,709
Total liabilities and shareholders' equity $ 11,984 $ 11,288