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Consolidated Statements of Comprehensive Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jan. 01, 2022
Jan. 02, 2021
Dec. 28, 2019
Statement of Comprehensive Income [Abstract]      
Net sales $ 29,487 $ 22,885 $ 25,939
Cost of goods sold 24,832 19,166 21,352
Gross profit 4,655 3,719 4,587
Operating expenses:      
Distribution, selling and administrative costs 4,220 3,757 3,888
Restructuring costs and asset impairment charges 11 39 0
Total operating expenses 4,231 3,796 3,888
Operating income (loss) 424 (77) 699
Other (income) expense—net (26) (21) 4
Interest expense—net 213 238 184
Loss on Extinguishment of Debt 23 0 0
Income (loss) before income taxes 214 (294) 511
Income tax provision (benefit) 50 (68) 126
Net income (loss) 164 (226) 385
Other comprehensive income (loss)—net of tax:      
Changes in retirement benefit obligations 10 23 45
Recognition of interest rate swaps 5 (3) (15)
Comprehensive income (loss) 179 (206) 415
Series A convertible preferred stock dividends (43) (28) 0
Net income (loss) available to common shareholders $ 121 $ (254) $ 385
Net income (loss) per share:      
Basic $ 0.55 $ (1.15) $ 1.77
Diluted $ 0.54 $ (1.15) $ 1.75
Weighted-average common shares outstanding      
Basic 222 220 218
Diluted 225 220 220