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Consolidated Statements of Comprehensive Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jan. 02, 2021
Dec. 28, 2019
Dec. 29, 2018
Statement of Comprehensive Income [Abstract]      
Net sales $ 22,885 $ 25,939 $ 24,175
Cost of goods sold 19,166 21,352 19,869
Gross profit 3,719 4,587 4,306
Operating expenses:      
Distribution, selling and administrative costs 3,757 3,888 3,647
Restructuring costs and asset impairment charges 39 0 1
Total operating expenses 3,796 3,888 3,648
Operating (loss) income (77) 699 658
Other (income) expense—net (21) 4 (13)
Interest expense—net 238 184 175
(Loss) income before income taxes (294) 511 496
Income tax (benefit) provision (68) 126 89
Net (loss) income (226) 385 407
Other comprehensive (loss) income—net of tax:      
Changes in retirement benefit obligations 23 45 6
Unrecognized (loss) gain on interest rate swaps (3) (15) 5
Comprehensive (loss) income (206) 415 418
Series A convertible preferred stock dividends 28 0 0
Net (loss) income available to common shareholders $ (254) $ 385 $ 407
Net (loss) income per share:      
Basic $ (1.15) $ 1.77 $ 1.88
Diluted $ (1.15) $ 1.75 $ 1.87
Weighted-average common shares outstanding      
Basic 220 218 216
Diluted 220 220 218