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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 28, 2024
Dec. 30, 2023
Current assets:    
Cash and cash equivalents $ 81 $ 269
Accounts receivable, less allowances of $20 and $18 2,065 1,854
Vendor receivables, less allowances of $8 and $5 217 156
Inventories—net 1,618 1,600
Prepaid expenses 123 138
Other current assets 12 14
Total current assets 4,116 4,031
Property and equipment—net 2,358 2,280
Goodwill 5,779 5,697
Other intangibles—net 852 803
Other assets 370 376
Total assets 13,475 13,187
Current liabilities:    
Cash overdraft liability 179 220
Accounts payable 2,395 2,051
Accrued expenses and other current liabilities 777 731
Current portion of long-term debt 118 110
Total current liabilities 3,469 3,112
Long-term debt 4,671 4,564
Deferred tax liabilities 261 293
Other long-term liabilities 468 469
Total liabilities 8,869 8,438
Commitments and contingencies (Note 17)
Shareholders’ equity:    
Common stock, $0.01 par value—600 shares authorized; 254.6 issued and 235.4 outstanding as of September 28, 2024, and 252.9 issued and 245.1 outstanding as of December 30, 2023 3 3
Additional paid-in capital 3,722 3,663
Retained earnings 1,937 1,509
Accumulated other comprehensive loss (111) (115)
Treasury Stock, 19.2 and 7.8 shares, respectively (945) (311)
Total shareholders’ equity 4,606 4,749
Total liabilities and shareholders' equity $ 13,475 $ 13,187