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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended
Mar. 27, 2021
Mar. 28, 2020
Sales:    
Total sales $ 2,366 $ 2,725
Cost of goods and occupancy costs:    
Total cost of goods and occupancy costs 1,832 2,096
Gross profit 534 629
Selling, general and administrative expenses 453 521
Asset impairments 12 12
Merger, restructuring and other operating expenses, net 14 16
Operating income 55 80
Other income (expense):    
Interest income   3
Interest expense (7) (18)
Other income, net 11 1
Income before income taxes 59 66
Income tax expense 6 21
Net income $ 53 $ 45
Earnings per share    
Basic $ 0.99 $ 0.86
Diluted $ 0.95 $ 0.84
Product    
Sales:    
Total sales $ 2,051 $ 2,337
Cost of goods and occupancy costs:    
Total cost of goods and occupancy costs 1,609 1,828
Service    
Sales:    
Total sales 315 388
Cost of goods and occupancy costs:    
Total cost of goods and occupancy costs $ 223 $ 268