Consolidated Balance Sheets - USD ($) $ in Millions	Jul. 03, 2021	Jan. 02, 2021
Current assets:
Cash and cash equivalents	$ 699	$ 828
Accounts receivable, less allowances of $45 and $67	1,539	1,084
Vendor receivables, less allowances of $6 and $5	194	121
Inventories—net	1,560	1,273
Prepaid expenses	144	132
Assets held for sale	9	1
Other current assets	21	26
Total current assets	4,166	3,465
Property and equipment—net	1,976	2,021
Goodwill	5,625	5,637
Other intangibles—net	860	892
Deferred tax assets	18	1
Other assets	419	407
Total assets	13,064	12,423
Current liabilities:
Cash overdraft liability	177	136
Accounts payable	1,904	1,218
Accrued expenses and other current liabilities	570	497
Current portion of long-term debt	117	131
Total current liabilities	2,768	1,982
Long-term debt	5,398	5,617
Deferred tax liabilities	281	270
Other long-term liabilities	510	505
Total liabilities	8,957	8,374
Commitments and contingencies (Note 18)
Series A convertible preferred stock, $0.01 par value—25 shares authorized; 0.5 issued and outstanding as of July 3, 2021 and January 2, 2021	534	519
Shareholders’ equity:
Common stock, $0.01 par value—600 shares authorized; 222 and 221 issued and outstanding as of July 3, 2021 and January 2, 2021, respectively	2	2
Additional paid-in capital	2,933	2,901
Retained earnings	668	661
Accumulated other comprehensive loss	(30)	(34)
Total shareholders’ equity	3,573	3,530
Total liabilities, mezzanine equity and shareholders' equity	$ 13,064	$ 12,423