DISCONTINUED OPERATIONS (Tables)

6 Months Ended

Jun. 30, 2018

Discontinued Operations And Disposal Groups [Abstract]

Major Component of Discontinued Operations, Net of Tax

The major components of Discontinued operations, net of tax presented in the Condensed Consolidated Statements of Operations are presented below. The results include the operations of the businesses sold up to the dates of sale.

	Second Quarter						First Half
(In millions)	2018			2017			2018			2017
Sales	$	21		$	119		$	115		$	287
Cost of goods sold and occupancy costs		16			97			88			233
Operating expenses		4			26			21			52
Restructuring charges		1			1			1			2
Other income (expense), net		1			—			(1	)		—
Net (increase) reduction of loss on discontinued operations    held for sale		—			(2	)		(1	)		45
Net gain (loss) on sale of discontinued operations		(3	)		13			(4	)		3
Income tax expense (benefit)		1			3			(6	)		3
Discontinued operations, net of tax	$	(3	)	$	3		$	5		$	45

Assets and liabilities of discontinued operations presented in the Condensed Consolidated Balance Sheets as of December 30, 2017 are included in the following table. The Company completed the sale of its final disposal group in the second quarter of 2018, and therefore no assets or liabilities are presented as current assets and liabilities of discontinued operations as of June 30, 2018.

	December 30,
(In millions)	2017
Assets
Cash and cash equivalents	$	14
Receivables, net		64
Inventories		78
Prepaid expenses and other current assets		4
Property and equipment, net		31
Other assets		3
Valuation allowance		(55	)
Current assets of discontinued operations	$	139
Liabilities
Trade accounts payable	$	38
Accrued expenses and other current liabilities		24
Deferred income taxes and other long-term liabilities		5
Current liabilities of discontinued operations	$	67