Leases

6 Months Ended

Jun. 26, 2021

Leases [Abstract]

Leases

NOTE 5: LEASES

As of June 26, 2021, we have operating leases primarily for corporate offices and data centers and no significant finance leases. Information related to operating leases, including leases associated with our discontinued operations, was as follows:

	Six Months Ended
(in millions)	June 26, 2021		June 27, 2020
Cash paid for amounts included in the measurement of lease liabilities	$	19	$	20
Right-of-use assets obtained in exchange for lease obligations		20		14
Lease expense from continuing operations	$	7	$	9
Lease expense from discontinued operations		11		10
Total lease expense	$	18	$	19

Balance sheet information related to leases, excluding leases associated with our discontinued operations, was as follows:

(in millions)	June 26, 2021			December 26, 2020
Other long-term assets	$	31		$	33
Lease liabilities, current portion	$	9		$	10
Other long-term liabilities		34			37
Total lease liabilities	$	43		$	47
Weighted Average Remaining Lease Term (in years)		8			8
Weighted Average Discount Rate (percentage)		6.1	%		6.3	%

Maturities of lease liabilities, excluding lease liabilities associated with our discontinued operations, were as follows:

(in millions)	June 26, 2021
Remainder of 2021	$	5
2022		8
2023		6
2024		5
2025		5
Thereafter		26
Total lease payments		55
Less imputed interest		(12	)
Total lease liabilities	$	43