Property and Equipment

12 Months Ended

Dec. 28, 2024

Property, Plant and Equipment [Abstract]

Property and Equipment

PROPERTY AND EQUIPMENT

Property and equipment as of December 28, 2024 and December 30, 2023 consisted of the following:

	December 28, 2024		December 30, 2023		Range of Useful Lives
Land	$	409	$	401
Buildings and building improvements	1,818		1,772		5–40 years
Transportation equipment	1,610		1,461		5–10 years
Warehouse equipment	609		597		5–12 years
Office equipment, furniture and software	1,100		1,169		3–7 years
Construction in process	155		99
	5,701		5,499
Less accumulated depreciation and amortization	(3,303)		(3,219)
Property and equipment—net	$	2,398	$	2,280

During fiscal year 2024, the Company reclassified $18 million of property, plant, and equipment to assets held for sale related to the planned Freshway divestiture. Refer to Note 5, Acquisitions and Held for Sale for additional information.

Transportation equipment included $641 million and $594 million of financing lease assets as of December 28, 2024 and December 30, 2023, respectively. Office equipment, furniture and software included $7 million and $5 million of financing lease assets as of December 28, 2024 and December 30, 2023, respectively. Buildings and building improvements included $148 million of financing lease assets as of both December 28, 2024 and December 30, 2023. Accumulated amortization of financing lease assets was $300 million and $297 million as of December 28, 2024 and December 30, 2023, respectively. Interest capitalized was immaterial for fiscal years 2024 and 2023.

Depreciation and amortization expense of property and equipment, including amortization of financing lease assets, was $384 million, $349 million and $327 million for fiscal years 2024, 2023 and 2022, respectively.