Property and Equipment

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

Property and Equipment

PROPERTY AND EQUIPMENT

Property and equipment as of December 31, 2022 and January 1, 2022 consisted of the following:

	December 31, 2022		January 1, 2022		Range of Useful Lives
Land	$	397	$	379
Buildings and building improvements	1,713		1,508		5–40 years
Transportation equipment	1,340		1,250		5–10 years
Warehouse equipment	569		520		5–12 years
Office equipment, furniture and software	1,056		933		3–7 years
Construction in process	77		165
	5,152		4,755
Less accumulated depreciation and amortization	(2,981)		(2,722)
Property and equipment—net	$	2,171	$	2,033

Transportation equipment included $575 million and $537 million of financing lease assets as of December 31, 2022 and January 1, 2022, respectively. Office equipment, furniture and software included $5 million of financing lease assets as of December 31, 2022. Buildings and building improvements included $78 million and $15 million of financing lease assets as of December 31, 2022 and January 1, 2022. Accumulated amortization of financing lease assets was $263 million and $261 million as of December 31, 2022 and January 1, 2022, respectively. Interest capitalized was not material in both fiscal years 2022 and 2021.

Depreciation and amortization expense of property and equipment, including amortization of financing lease assets, was $327 million, $323 million and $343 million for fiscal years 2022, 2021 and 2020, respectively.