CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 25, 2021		Dec. 26, 2020
Current assets:
Cash and cash equivalents	$ 514		$ 729
Receivables, net	495		442
Inventories	859		916
Prepaid expenses and other current assets	52		49
Current assets held for sale	469		219
Total current assets	2,389		2,355
Property and equipment, net	477		542
Operating lease right-of-use assets	936		1,107
Goodwill	464		394
Other intangible assets, net	54		57
Deferred income taxes	219		218
Other assets	326		319
Noncurrent assets held for sale			622
Total assets	4,865		5,614
Current liabilities:
Trade accounts payable	950		857
Accrued expenses and other current liabilities	994		1,050
Income taxes payable	11		10
Short-term borrowings and current maturities of long-term debt	20		24
Current liabilities held for sale	290		152
Total current liabilities	2,265		2,093
Deferred income taxes and other long-term liabilities	159		172
Pension and postretirement obligations, net	22		42
Long-term debt, net of current maturities	228		354
Operating lease liabilities	753	[1]	935
Noncurrent liabilities held for sale			138
Total liabilities	3,427		3,734
Commitments and contingencies
Stockholders’ equity:
Common stock — authorized 80,000,000 shares of $0.01 par value; issued shares — 64,704,979 at December 25, 2021 and 62,551,255 at December 26, 2020; outstanding shares — 48,455,951 at December 25, 2021 and 52,694,062 at December 26, 2020	1		1
Additional paid-in capital	2,692		2,675
Accumulated other comprehensive loss	(6)		(32)
Accumulated deficit	(617)		(409)
Treasury stock, at cost — 16,249,028 shares at December 25, 2021 and 9,857,193 shares at December 26, 2020	(632)		(355)
Total stockholders’ equity	1,438		1,880
Total liabilities and stockholders’ equity	$ 4,865		$ 5,614

[1] Operating lease payments include $77 million related to options to extend lease terms that are reasonably certain of being exercised.