Consolidated Statements of Cash Flows - USD ($)
$ in Millions |
12 Months Ended |
Dec. 28, 2019 |
Dec. 29, 2018 |
Dec. 30, 2017 |
| Cash flows from operating activities: |
|
|
|
| Net income |
$ 385
|
$ 407
|
$ 444
|
| Adjustments to reconcile net income to net cash provided by operating activities: |
|
|
|
| Depreciation and amortization |
362
|
340
|
378
|
| Gain on disposal of property and equipment, net |
(1)
|
(1)
|
(4)
|
| Tangible asset impairment charges |
1
|
1
|
2
|
| Amortization of deferred financing costs |
7
|
7
|
6
|
| Deferred tax provision (benefit) |
7
|
45
|
(123)
|
| Share-based compensation expense |
32
|
28
|
21
|
| Provision for doubtful accounts |
21
|
17
|
18
|
| Changes in operating assets and liabilities, net of business acquisitions: |
|
|
|
| Increase in receivables |
(19)
|
(71)
|
(67)
|
| Decrease (increase) in inventories |
16
|
(72)
|
40
|
| Decrease (increase) in prepaid expenses and other assets |
9
|
(45)
|
(24)
|
| (Decrease) increase in accounts payable and cash overdraft liability |
(56)
|
79
|
17
|
| (Decrease) increase in accrued expenses and other liabilities |
(4)
|
(126)
|
41
|
| Net cash provided by operating activities |
760
|
609
|
749
|
| Cash flows from investing activities: |
|
|
|
| Acquisition of businesses—net of cash |
(1,832)
|
0
|
(182)
|
| Proceeds from sales of divested assets |
94
|
0
|
0
|
| Proceeds from sales of property and equipment |
9
|
3
|
25
|
| Purchases of property and equipment |
(258)
|
(235)
|
(221)
|
| Proceeds from redemption of industrial revenue bonds |
0
|
0
|
22
|
| Net cash used in investing activities |
(1,987)
|
(232)
|
(356)
|
| Cash flows from financing activities: |
|
|
|
| Proceeds from debt borrowings |
6,198
|
4,178
|
2,550
|
| Principal payments on debt and financing leases |
(4,967)
|
(4,595)
|
(2,651)
|
| Repayment of industrial revenue bonds |
0
|
0
|
(22)
|
| Payment for debt financing costs and fees |
(44)
|
(1)
|
(1)
|
| Contingent consideration paid for business acquisitions |
0
|
(5)
|
(6)
|
| Proceeds from employee stock purchase plan |
19
|
19
|
16
|
| Proceeds from exercise of stock options |
19
|
19
|
18
|
| Tax withholding payments for net share-settled equity awards |
(5)
|
(6)
|
(28)
|
| Common stock repurchased |
0
|
0
|
(280)
|
| Common stock and share-based awards settled |
0
|
0
|
(1)
|
| Net cash provided by (used in) financing activities |
1,220
|
(391)
|
(405)
|
| Net decrease in cash, cash equivalents and restricted cash |
(7)
|
(14)
|
(12)
|
| Cash, cash equivalents and restricted cash—beginning of year |
105
|
119
|
131
|
| Cash, cash equivalents and restricted cash—end of year |
98
|
105
|
119
|
| Supplemental disclosures of cash flow information: |
|
|
|
| Interest paid—net of amounts capitalized |
173
|
160
|
158
|
| Income taxes paid—net |
137
|
78
|
11
|
| Property and equipment purchases included in accounts payable |
49
|
28
|
31
|
| Leased assets obtained in exchange for financing lease liabilities |
86
|
101
|
91
|
| Leased assets obtained in exchange for operating lease liabilities |
39
|
0
|
0
|
| Cashless exercise of stock options |
1
|
2
|
30
|
| Contingent consideration payable for acquisition of businesses |
$ 0
|
$ 0
|
$ 4
|