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PROPERTY AND EQUIPMENT
12 Months Ended
Dec. 28, 2019
Property Plant And Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 8. PROPERTY AND EQUIPMENT

Property and equipment consists of:

 

 

 

December 28,

 

 

December 29,

 

(In millions)

 

2019

 

 

2018

 

Land

 

$

45

 

 

$

53

 

Buildings

 

 

221

 

 

 

281

 

Computer software

 

 

653

 

 

 

588

 

Leasehold improvements

 

 

658

 

 

 

649

 

Furniture, fixtures and equipment

 

 

833

 

 

 

787

 

Construction in progress

 

 

49

 

 

 

70

 

 

 

 

2,459

 

 

 

2,428

 

Less accumulated depreciation

 

 

(1,780

)

 

 

(1,665

)

Total

 

$

679

 

 

$

763

 

 

The above table of property and equipment includes assets held under finance leases as follows:

 

 

 

December 28,

 

 

December 29,

 

(In millions)

 

2019

 

 

2018

 

Buildings

 

$

40

 

 

$

42

 

Furniture, fixtures and equipment

 

 

132

 

 

 

100

 

 

 

 

172

 

 

 

142

 

Less accumulated depreciation

 

 

(120

)

 

 

(108

)

Total

 

$

52

 

 

$

34

 

Depreciation expense was $118 million in 2019, $114 million in 2018 and $111 million in 2017.

Included in computer software and construction in progress above are capitalized software costs of $653 million and $589 million at December 28, 2019 and December 29, 2018, respectively. The unamortized amounts of the capitalized software costs are $134 million and $118 million at December 28, 2019 and December 29, 2018, respectively. Amortization of capitalized software costs totaled $55 million, $46 million and $39 million in 2019, 2018 and 2017, respectively. Software development costs that do not meet the criteria for capitalization are expensed as incurred.

Estimated future amortization expense related to capitalized software at December 28, 2019 is as follows:

 

(In millions)

 

2020

 

$

50

 

2021

 

 

39

 

2022

 

 

24

 

2023

 

 

14

 

2024

 

 

5

 

Thereafter

 

 

2

 

 

The weighted average remaining amortization period for capitalized software is 3 years.

ASSETS HELD FOR SALE

Certain facilities that were part of continuing operations but had been identified for closure through integration and other activities were accounted for as assets held for sale. Assets held for sale primarily consists of supply chain facilities and are presented in Prepaid expenses and other current assets in the Consolidated Balance Sheets. The Company recognized $25 million gain on disposition of

assets held for sale during 2019, of which $19 million was included in Selling, general and administrative expenses and $6 million was included in Merger and restructuring expenses, net in the Consolidated Statement of Operations. The assets held for sale activity in 2019 is presented in the table below.

 

(In millions)

 

 

 

 

Balance as of December 29, 2018

 

$

6

 

Additions

 

 

18

 

Dispositions

 

 

(24

)

Balance as of December 28, 2019

 

$