DISCONTINUED OPERATIONS

3 Months Ended

Mar. 30, 2019

Discontinued Operations And Disposal Groups [Abstract]

DISCONTINUED OPERATIONS

NOTE 14. DISCONTINUED OPERATIONS

In the third quarter of 2016, the Company’s Board of Directors approved a plan to sell substantially all operations of the former International Division through four disposal groups (Europe, South Korea, Oceania and mainland China) (the “International Operations”). Collectively, these dispositions represent a strategic shift that has a major impact on the Company’s operations and financial results and have been accounted for as discontinued operations. As of the end of fiscal 2018, the sale of the International Operations was complete, and there are no further discontinued operations in 2019.

For the first quarter of 2018, the major components of Discontinued operations, net of tax presented were as follows:

	First Quarter
(In millions)	2018
Sales	$	94
Cost of goods sold and occupancy costs		72
Operating expenses		17
Restructuring charges		—
Other expense, net		(2	)
Net increase of loss on discontinued operations held for sale		(1	)
Net loss on sale of discontinued operations		(1	)
Income tax benefit		(7	)
Discontinued operations, net of tax	$	8