Restructuring Liabilities (Notes)

6 Months Ended

Jul. 02, 2022

Restructuring and Related Activities [Abstract]

Restructuring Liabilities

RESTRUCTURING LIABILITIES

From time to time, the Company may implement initiatives or close or consolidate facilities in an effort to reduce costs and improve operating effectiveness. In connection with these activities, the Company may incur various costs including severance and other employee-related separation costs.

Net restructuring costs were de minimis for both the 13 weeks and 26 weeks ended July 2, 2022. During the 13 weeks and 26 weeks ended July 3, 2021, $1 million and $4 million of net restructuring costs were recognized, respectively, primarily related to initiatives to improve operational effectiveness. Net restructuring liabilities were $1 million and $3 million as of July 2, 2022 and January 1, 2022, respectively.