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Leases (Tables)
 12 Months Ended
Jan. 01, 2022
Leases [Abstract]  
Components of leases
The following table presents the location of the ROU assets and lease liabilities in the Company’s Consolidated Balance Sheets:
LeasesConsolidated Balance Sheet LocationJanuary 1, 2022January 2, 2021
Assets
Operating
Other assets$275 $284 
Financing
Property and equipment-net(1)
291 316 
Total leased assets
$566 $600 
Liabilities
Current:
Operating
Accrued expenses and other current liabilities$36 $44 
Financing
Current portion of long-term debt72 86 
Noncurrent:
Operating
Other long-term liabilities244 263 
Financing
Long-term debt220 237 
Total lease liabilities
$572 $630 

(1)Financing lease assets are recorded net of accumulated amortization of $261 million and $244 million as of January 1, 2022 and January 2, 2021.
The following table presents the location of lease costs in fiscal years 2021, 2020 and 2019 in the Company's Consolidated Statements of Comprehensive Income:
Lease CostStatements of Comprehensive Income Location202120202019
Operating lease costDistribution, selling and administrative costs$58 $52 $29 
Financing lease cost:
Amortization of leased assets
Distribution, selling and administrative costs73 79 76 
Interest on lease liabilities
Interest expense-net10 12 12 
Short-term lease costDistribution, selling and administrative costs1 — — 
Variable lease costDistribution, selling and administrative costs11 13 6 
Net lease cost$153 $156 $123 
Schedule of future finance lease payments
Future lease payments under lease agreements as of January 1, 2022 were as follows:
Maturity of Lease LiabilitiesOperating LeasesFinancing Lease
Obligation		Total
2022$56 $79 $135 
202355 77 132 
202440 60 100 
202539 41 80 
202635 26 61 
After 2026140 30 170 
Total lease payments365 313 678 
Less amount representing interest(85)(21)(106)
Present value of lease liabilities$280 $292 $572 
Schedule of future operating lease payments
Future lease payments under lease agreements as of January 1, 2022 were as follows:
Maturity of Lease LiabilitiesOperating LeasesFinancing Lease
Obligation		Total
2022$56 $79 $135 
202355 77 132 
202440 60 100 
202539 41 80 
202635 26 61 
After 2026140 30 170 
Total lease payments365 313 678 
Less amount representing interest(85)(21)(106)
Present value of lease liabilities$280 $292 $572 
Schedule of other information related to lease agreements
Other information related to lease agreements for fiscal years 2021, 2020 and 2019 was as follows:
Cash Paid For Amounts Included In Measurement of Liabilities202120202019
Operating cash flows from operating leases$55 $56 $37 
Operating cash flows from financing leases10 12 12 
Financing cash flows from financing leases87 102 90 
Lease Term and Discount RateJanuary 1, 2022January 2, 2021December 28, 2019
Weighted-average remaining lease term (years):
Operating leases
8.308.426.14
Financing leases
5.745.314.85
Weighted-average discount rate:
Operating leases
6.1 %6.6 %4.4 %
Financing leases
3.2 %3.2 %3.5 %