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Leases (Tables)
6 Months Ended
Jun. 26, 2021
Leases [Abstract]  
Schedule of Information Related to 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

 

 

Schedule of Balance Sheet Information Related to Leases

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

%

 

Schedule of Maturities of Lease Liabilities

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