Consolidated Balance Sheets - USD ($) $ in Millions	Oct. 01, 2022	Jan. 01, 2022
Current assets:
Cash and cash equivalents	$ 366	$ 148
Accounts receivable, less allowances of $32 and $33	1,853	1,469
Vendor receivables, less allowances of $10 and $7	193	145
Inventories—net	1,761	1,686
Prepaid expenses	106	120
Assets held for sale	8	8
Other current assets	11	18
Total current assets	4,298	3,594
Property and equipment—net	2,075	2,033
Goodwill	5,625	5,625
Other intangibles—net	797	830
Deferred tax assets	0	8
Other assets	447	431
Total assets	13,242	12,521
Current liabilities:
Cash overdraft liability	219	183
Accounts payable	2,180	1,662
Accrued expenses and other current liabilities	671	610
Current portion of long-term debt	100	95
Total current liabilities	3,170	2,550
Long-term debt	4,837	4,916
Deferred tax liabilities	298	307
Other long-term liabilities	476	479
Total liabilities	8,781	8,252
Commitments and contingencies (Note 17)
Series A convertible preferred stock, $0.01 par value—25 shares authorized; 0.5 issued and outstanding as of October 1, 2022 and January 1, 2022	534	534
Shareholders’ equity:
Common stock, $0.01 par value—600 shares authorized; 225 and 223 issued and outstanding as of October 1, 2022 and January 1, 2022, respectively	2	2
Additional paid-in capital	3,017	2,970
Retained earnings	927	782
Accumulated other comprehensive loss	(19)	(19)
Total shareholders’ equity	3,927	3,735
Total liabilities, mezzanine equity and shareholders’ equity	$ 13,242	$ 12,521