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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
12 Months Ended
Dec. 25, 2021
Dec. 26, 2020
Dec. 28, 2019
Income Statement [Abstract]      
Sales $ 8,465 $ 8,872 $ 9,667
Cost of goods sold and occupancy costs 6,602 6,921 7,412
Gross profit 1,863 1,951 2,255
Selling, general and administrative expenses 1,558 1,661 1,889
Asset impairments 20 182 56
Merger, restructuring and other operating expenses, net 51 102 86
Operating income 234 6 224
Other income (expense):      
Interest income 1 4 22
Interest expense (28) (42) (89)
Loss on extinguishment and modification of debt   (12)  
Other income, net 24 6 21
Income (loss) from continuing operations before income taxes 231 (38) 178
Income tax expense 44 25 51
Net income (loss) from continuing operations 187 (63) 127
Discontinued operations, net of tax (395) (256) (28)
Net income (loss) $ (208) $ (319) $ 99
Basic earnings (loss) per share      
Continuing operations $ 3.54 $ (1.20) $ 2.32
Discontinued operations (7.47) (4.85) (0.50)
Net basic earnings (loss) per share (3.93) (6.05) 1.82
Diluted earnings (loss) per share      
Continuing operations 3.42 (1.20) 2.29
Discontinued operations (7.21) (4.85) (0.50)
Net diluted earnings (loss) per share $ (3.79) $ (6.05) $ 1.79