INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2022

Income Tax Disclosure [Abstract]

Schedule of Components of Income (Loss) from Continuing Operations Before Income Taxes

The components of income (loss) from continuing operations before income taxes consisted of the following:

(In millions)	2022		2021		2020
United States	$	226	$	173	$	(30	)
Foreign		16		58		(8	)
Total income (loss) from continuing operations before income taxes	$	242	$	231	$	(38	)

Schedule Income Tax Expense (Benefit) Related to Income (Loss) From Continuing Operations

The income tax expense (benefit) related to income (loss) from continuing operations consisted of the following:

(In millions)	2022			2021		2020
Current:
Federal	$	26		$	14	$	(7	)
State		(4	)		8		17
Foreign		7			5		4
Deferred:
Federal		27			13		19
State		10			2		(5	)
Foreign		(2	)		2		(3	)
Total income tax expense	$	64		$	44	$	25

Reconciliation of Income Taxes at The Federal Statutory Rate to The Provision for Income Taxes

The following is a reconciliation of income taxes at the U.S. Federal statutory rate to the provision for income taxes:

(In millions)	2022			2021			2020
Federal tax computed at the statutory rate	$	51		$	48		$	(8	)
State taxes, net of Federal benefit		11			10			4
Foreign income taxed at rates other than Federal		2			(5	)		4
Increase (decrease) in valuation allowance		—			(3	)		(3	)
Non-deductible Goodwill impairments		—			—			24
Other non-deductible expenses and settlements		4			5			4
FIN 48 adjustments		(2	)		—			—
Non-taxable income and additional deductible expenses		(1	)		(3	)		(3	)
Impact of stock compensation (windfall)/shortfall		(3	)		(6	)		2
State NOL expirations		2			—			—
Other items, net		—			(2	)		1
Income tax expense	$	64		$	44		$	25

Schedule of Components Deferred Income Tax Assets and Liabilities

The components of deferred income tax assets and liabilities consisted of the following:

	December 31,			December 25,
(In millions)	2022			2021
U.S. and foreign loss carryforwards	$	277		$	61
Operating lease right-of-use assets		262			273
Pension and other accrued compensation		35			47
Basis difference in subsidiary held for sale		—			23
Accruals for facility closings		2			2
Inventory		10			7
Self-insurance accruals		13			14
Deferred revenue		9			10
U.S. and foreign income tax credit carryforwards		38			70
Allowance for bad debts		4			5
Accrued expenses		14			18
Basis difference in fixed assets		43			36
Internally developed software		1			—
Gross deferred tax assets		708			566
Valuation allowance		(266	)		(93	)
Deferred tax assets		442			473
Internal software		—			2
Operating lease liabilities		244			251
Intangibles		12			5
Undistributed foreign earnings		5			—
Deferred tax liabilities		261			258
Net deferred tax assets	$	181		$	215

Summary of Valuation Allowances

The following summarizes the activity related to valuation allowances for deferred tax assets:

(In millions)	2022			2021			2020
Beginning balance	$	93		$	99		$	100
Additions, charged to expense		184			—			2
Reductions		(11	)		(6	)		(3	)
Ending balance	$	266		$	93		$	99

Summary of Activity Related to Unrecognized Tax Benefits

The following table summarizes the activity related to unrecognized tax benefits:

(In millions)	2022			2021		2020
Beginning balance	$	13		$	13	$	13
Decrease related to prior year tax positions		(3	)		—		—
Ending balance	$	10		$	13	$	13