XML 18 R2.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Balance Sheets - USD ($)
$ in Millions
Jan. 02, 2021
Dec. 28, 2019
Current assets:    
Cash and cash equivalents $ 828 $ 90
Accounts receivable, less allowances of $67 and $30 1,084 1,455
Vendor receivables, less allowances of $5 and $4 121 143
Inventories—net 1,273 1,432
Prepaid expenses 132 109
Assets Held-for-sale, Not Part of Disposal Group, Current 1 1
Other current assets 26 32
Total current assets 3,465 3,262
Property and equipment—net 2,021 2,075
Goodwill 5,637 4,728
Other intangibles—net 892 967
Deferred tax assets 1 0
Other assets 407 256
Total assets 12,423 11,288
Current liabilities:    
Cash overdraft liability 136 222
Accounts payable 1,218 1,460
Accrued Liabilities, Current 497 538
Current portion of long-term debt 131 142
Total current liabilities 1,982 2,362
Long-term debt 5,617 4,594
Noncurrent deferred tax liability 270 308
Other long-term liabilities 505 315
Total liabilities 8,374 7,579
Commitments and contingencies (Note 24)
Series A convertible preferred stock, $0.01 par value—25 shares authorized; 0.5 and 0.0 issued and outstanding as of January 2, 2021 and December 28, 2019 519 0
Shareholders’ equity:    
Common stock, $0.01 par value—600 shares authorized; 221 and 220 issued and outstanding as of January 2, 2021 and December 28, 2019, respectively 2 2
Additional paid-in capital 2,901 2,845
Retained earnings 661 916
Accumulated other comprehensive loss (34) (54)
Total shareholders’ equity 3,530 3,709
Total liabilities, mezzanine equity and shareholders' equity $ 12,423 $ 11,288