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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Cash flows from operating activities:    
Net income $ 339 $ 280
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 227 213
Deferred tax provision (benefit) 15 (11)
Share-based compensation expense 45 30
Provision for doubtful accounts 17 15
Other non-cash activities 1 4
Changes in operating assets and liabilities:    
Increase in receivables (230) (181)
Decrease in inventories 65 19
(Increase) decrease in prepaid expenses and other assets (18) 13
Increase in accounts payable and cash overdraft liability 268 277
Decrease in accrued expenses and other liabilities (4) (38)
Net cash provided by operating activities 725 621
Cash flows from investing activities:    
Proceeds from sales of property and equipment 5 2
Proceeds from divestitures 38 0
Purchases of property and equipment (161) (156)
Cash paid for acquisitions (87) (214)
Net cash used in investing activities (205) (368)
Cash flows from financing activities:    
Principal payments on debt and financing leases (4,303) (1,568)
Principal payments on debt repricing 0 (14)
Proceeds from debt repricing 0 14
Proceeds from debt borrowings 4,069 1,503
Repurchase of common stock (270) (54)
Debt financing costs and fees 0 (1)
Proceeds from employee stock purchase plan 16 14
Proceeds from exercise of stock options 5 9
Purchase of interest rate caps (1) 0
Tax withholding payments for net share-settled equity awards (34) (20)
Net cash used in financing activities (518) (117)
Net increase in cash, cash equivalents and restricted cash 2 136
Cash, cash equivalents and restricted cash—beginning of period 59 269
Cash, cash equivalents and restricted cash—end of period 61 405
Supplemental disclosures of cash flow information:    
Interest paid—net of amounts capitalized 149 147
Income taxes paid—net 80 57
Property and equipment purchases included in accounts payable 45 29
Leased assets obtained in exchange for financing lease liabilities 135 94
Leased assets obtained in exchange for operating lease liabilities $ 68 $ 19