SEGMENT INFORMATION (Tables)

9 Months Ended

Sep. 26, 2020

The following is a summary of sales and operating income (loss) by each of the Divisions and Other, reconciled to consolidated totals.

	Sales
	Third Quarter					Year-to-Date
(In millions)	2020			2019		2020		2019
Business Solutions Division	$	1,197		$	1,350	$	3,554	$	4,022
Retail Division		1,147			1,177		3,216		3,352
CompuCom Division		197			252		646		758
Other		(2	)		3		6		7
Total	$	2,539		$	2,782	$	7,422	$	8,139

	Division Operating Income (Loss)
	Third Quarter				Year-to-Date
(In millions)	2020		2019		2020		2019
Business Solutions Division	$	45	$	71	$	98	$	203
Retail Division		119		84		224		160
CompuCom Division		3		3		10		(11	)
Other		—		—		—		—
Total	$	167	$	158	$	332	$	352

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

	Third Quarter						Year-to-Date
(In millions)	2020			2019			2020			2019
Total Divisions operating income	$	167		$	158		$	332		$	352
Add/(subtract):
Asset impairments		(10	)		(5	)		(423	)		(50	)
Merger and restructuring expenses, net		(26	)		(22	)		(107	)		(105	)
Unallocated expenses		(29	)		(23	)		(75	)		(80	)
Interest income		—			5			3			16
Interest expense		(6	)		(22	)		(35	)		(68	)
Loss on extinguishment and modification of debt		—			—			(12	)		—
Other income, net		3			2			7			7
Income (loss) before income taxes	$	99		$	93		$	(310	)	$	72

The components of goodwill by segment are provided in the following table:

	Business Solutions			Retail		CompuCom
(In millions)	Division			Division		Division			Total
Balance as of December 28, 2019	$	410		$	78	$	456		$	944
Acquisitions		21			—		—			21
Foreign currency rate impact		—			—		(8	)		(8	)
Impairments		(115	)		—		(237	)		(352	)
Balance as of September 26, 2020	$	316		$	78	$	211		$	605