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CONSOLIDATED AND COMBINED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 29, 2018
Dec. 30, 2017
Cash flows from operating activities:      
Net (loss) income $ (1,022) $ 107 $ 92
Adjustments to reconcile net (loss) income to net cash provided by operating activities:      
Depreciation and amortization 155 64 59
Amortization of right-of-use assets 21 0 0
Goodwill impairment 938 0 0
Share-based compensation expense 46 7 7
(Benefit) provision for deferred income taxes (25) (5) 6
Equity in earnings of affiliates 0 (1) (1)
Amortization of debt issuance costs 5 0 0
Other (10) 0 0
Changes in operating assets and liabilities, net of acquisitions:      
Accounts receivable, net 13 (13) (33)
Inventories, net (58) (42) (23)
Other assets and liabilities (53) (34) (5)
Accounts payable and accrued expenses 93 75 6
Net cash provided by operating activities 103 158 108
Cash flows from investing activities:      
Purchases of property and equipment (39) (22) (21)
Payments related to equity investments and business acquisitions, net of cash acquired (26) (8) (109)
Proceeds from sale of property and equipment 0 1 1
Net cash used for investing activities (65) (29) (129)
Cash flows from financing activities:      
Proceeds from the issuance of debt 1,220 0 0
Principal payments of debt (43) (2) 0
Debt issuance costs (24) 0 0
Dividend paid to former parent (1,174) 0 0
Issuance of common shares in connection with share-based compensation plans 5 0 0
Net transfers from former parent 165 274 62
Distributions to non-controlling shareholders 0 (10) (20)
Acquisition payment (9) 0 0
Acquisitions of non-controlling interests in subsidiaries (74) (382) (26)
Net cash provided by (used for) financing activities 66 (120) 16
Effect of exchange rate changes on cash and cash equivalents 3 (2) 2
Net change in cash and cash equivalents 107 7 (3)
Cash and cash equivalents, beginning of period 23 16 19
Cash and cash equivalents, end of period 130 23 16
Supplemental cash flow disclosures:      
Interest 47 0 0
Income taxes $ 18 $ 12 $ 8