SEGMENT INFORMATION (Tables)

6 Months Ended

Jul. 01, 2017

Summary of Significant Accounts and Balances by Each Divisions

The following is a summary of sales and operating income (loss) by each of the Divisions, reconciled to consolidated totals, after the elimination of the discontinued operations for all periods.

	Sales
	Second Quarter					First Half
(In millions)	2017			2016		2017			2016
Retail Division	$	1,111		$	1,249	$	2,469		$	2,755
Business Solutions Division		1,248			1,330		2,563			2,698
Other		4			4		7			6
Total	$	2,363		$	2,583	$	5,039		$	5,459
	Operating Income (Loss)
	Second Quarter					First Half
(In millions)	2017			2016		2017			2016
Retail Division	$	20		$	30	$	132		$	132
Business Solutions Division		64			63		122			109
Other		(1	)		2		(2	)		2
Total	$	83		$	95	$	252		$	243

Reconciliation of Measure of Division Operating Income to Consolidated Income Before Income Taxes

A reconciliation of the measure of Division operating income to Consolidated income from continuing operations before income taxes is as follows:

	Second Quarter						First Half
(In millions)	2017			2016			2017			2016
Total Division operating income	$	83		$	95		$	252		$	243
Add/(subtract):
Asset impairments		(1	)		—			(1	)		—
Merger, restructuring and other operating income (expenses), net		(20	)		193			(40	)		154
Unallocated expenses		(16	)		(17	)		(38	)		(41	)
Interest income		6			6			12			11
Interest expense		(14	)		(23	)		(27	)		(44	)
Other expense, net		(3	)		—			(2	)		—
Income from continuing operations before income taxes	$	35		$	254		$	156		$	323