US Foods Holding Corp(NYSE:USFD) 
US Foods Holding Corp., through its subsidiary, US Foods, Inc., markets and distributes fresh, frozen, and dry food and non-food products to foodservice customers in the United States. The company's customers include independently owned single and multi-unit restaurants, regional concepts, national ...
Website: http://www.usfoods.com
Founded: 2007
Full Time Employees: 28,000
Sector: Consumer Defensive
Industry: Food Distribution
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At a glance:
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Quarterly
Annual
| Unit: USD | 2025-12-27 | 2025-09-27 | 2025-06-28 | 2025-03-29 | 2024-12-28 | 2024-09-28 | 2024-06-29 | 2024-03-30 | 2023-12-30 | 2023-09-30 | 2023-07-01 | 2023-04-01 | 2022-12-31 | 2022-10-01 | 2022-07-02 | 2022-04-02 | 2022-01-01 | 2021-10-02 | 2021-07-03 | 2021-04-03 | 2021-01-02 | 2020-09-26 | 2020-06-27 | 2020-03-28 | 2019-12-28 | 2019-09-28 | 2019-06-29 | 2019-03-30 | 2018-12-29 | 2018-09-29 | 2018-06-30 | 2018-03-31 | 2017-12-30 | 2017-09-30 | 2017-07-01 | 2017-04-01 | 2016-12-31 | 2016-10-01 | 2016-07-02 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
net sales | 9,800,000,000 | 10,191,000,000 | 10,082,000,000 | 9,351,000,000 | 9,491,000,000 | 9,728,000,000 | 9,709,000,000 | 8,949,000,000 | 8,936,000,000 | 9,106,000,000 | 9,013,000,000 | 8,542,000,000 | 8,515,000,000 | 8,917,000,000 | 8,827,000,000 | 7,798,000,000 | 7,639,000,000 | 7,890,000,000 | 7,663,000,000 | 6,295,000,000 | 6,138,000,000 | 5,848,000,000 | 4,560,000,000 | 6,339,000,000 | 6,934,000,000 | 6,531,000,000 | 6,443,000,000 | 6,031,000,000 | 6,152,784,000 | 6,158,491,000 | 5,822,521,000 | 6,204,194,000 | 6,158,654,000 | 5,788,425,000 | 5,840,963,000 | 5,806,758,000 | |||
yoy | 3.26% | 4.76% | 3.84% | 4.49% | 6.21% | 6.83% | 7.72% | 4.76% | 4.94% | 2.12% | 2.11% | 9.54% | 11.47% | 13.02% | 15.19% | 23.88% | 24.45% | 34.92% | 68.05% | -0.69% | -11.48% | -10.46% | -29.23% | 5.11% | 6.15% | 4.62% | 3.58% | -0.83% | -0.00% | 0.59% | 6.22% | 6.06% | |||||||
qoq | -3.84% | 1.08% | 7.82% | -1.48% | -2.44% | 0.20% | 8.49% | 0.15% | -1.87% | 1.03% | 5.51% | 0.32% | -4.51% | 1.02% | 13.20% | 2.08% | -3.18% | 2.96% | 21.73% | 2.56% | 4.96% | 28.25% | -28.06% | -8.58% | 6.17% | 1.37% | 6.83% | -0.09% | 5.77% | 0.74% | 6.40% | 0.59% | |||||||
cost of goods sold | 8,080,000,000 | 8,438,000,000 | 8,305,000,000 | 7,737,000,000 | 7,825,000,000 | 8,061,000,000 | 8,003,000,000 | 7,454,000,000 | 7,346,000,000 | 7,564,000,000 | 7,422,000,000 | 7,117,000,000 | 7,061,000,000 | 7,457,000,000 | 7,444,000,000 | 6,603,000,000 | 6,397,000,000 | 6,649,000,000 | 6,494,000,000 | 5,292,000,000 | 5,130,000,000 | 4,874,000,000 | 3,889,000,000 | 5,273,000,000 | 5,697,000,000 | 5,375,000,000 | 5,301,000,000 | 4,979,000,000 | 5,044,449,000 | 5,044,638,000 | 4,830,594,000 | 5,105,632,000 | 5,104,605,000 | 4,797,117,000 | 4,808,426,000 | 4,772,721,000 | |||
gross profit | 1,720,000,000 | 1,753,000,000 | 1,777,000,000 | 1,614,000,000 | 1,666,000,000 | 1,667,000,000 | 1,706,000,000 | 1,495,000,000 | 1,590,000,000 | 1,542,000,000 | 1,591,000,000 | 1,425,000,000 | 1,454,000,000 | 1,460,000,000 | 1,383,000,000 | 1,195,000,000 | 1,242,000,000 | 1,241,000,000 | 1,169,000,000 | 1,003,000,000 | 1,008,000,000 | 974,000,000 | 671,000,000 | 1,066,000,000 | 1,237,000,000 | 1,156,000,000 | 1,142,000,000 | 1,052,000,000 | 1,108,335,000 | 1,113,853,000 | 991,927,000 | 1,098,562,000 | 1,054,049,000 | 991,308,000 | 1,032,537,000 | 1,034,037,000 | |||
yoy | 3.24% | 5.16% | 4.16% | 7.96% | 4.78% | 8.11% | 7.23% | 4.91% | 9.35% | 5.62% | 15.04% | 19.25% | 17.07% | 17.65% | 18.31% | 19.14% | 23.21% | 27.41% | 74.22% | -5.91% | -18.51% | -15.74% | -41.24% | 1.33% | 4.30% | 2.53% | 6.06% | 0.89% | 5.67% | 0.06% | 6.39% | 1.94% | |||||||
qoq | -1.88% | -1.35% | 10.10% | -3.12% | -0.06% | -2.29% | 14.11% | -5.97% | 3.11% | -3.08% | 11.65% | -1.99% | -0.41% | 5.57% | 15.73% | -3.78% | 0.08% | 6.16% | 16.55% | -0.50% | 3.49% | 45.16% | -37.05% | -13.82% | 7.01% | 1.23% | 8.56% | -0.50% | 12.29% | 4.22% | 6.33% | -0.15% | |||||||
gross margin % | 17.55% | 17.20% | 17.63% | 17.26% | 17.55% | 17.14% | 17.57% | 16.71% | 17.79% | 16.93% | 17.65% | 16.68% | 17.08% | 16.37% | 15.67% | 15.32% | 16.26% | 15.73% | 15.26% | 15.93% | 16.42% | 16.66% | 14.71% | 16.82% | 17.84% | 17.70% | 17.72% | 17.44% | NaN% | 18.01% | 18.09% | 17.04% | NaN% | 17.71% | 17.11% | 17.13% | NaN% | 17.68% | 17.81% |
operating expenses: | |||||||||||||||||||||||||||||||||||||||
distribution, selling and administrative costs | 1,386,000,000 | 1,458,000,000 | 1,403,000,000 | 1,385,000,000 | 1,362,000,000 | 1,379,000,000 | 1,354,000,000 | 1,317,000,000 | 1,298,000,000 | 1,312,000,000 | 1,269,000,000 | 1,238,000,000 | 1,246,000,000 | 1,246,000,000 | 1,233,000,000 | 1,161,000,000 | 1,105,000,000 | 1,099,000,000 | 1,044,000,000 | 972,000,000 | 978,000,000 | 873,000,000 | 714,000,000 | 1,192,000,000 | 1,051,000,000 | 968,000,000 | 948,000,000 | 921,000,000 | 929,487,000 | 908,881,000 | 887,881,000 | 907,830,000 | 927,771,000 | 912,911,000 | 902,784,000 | 922,240,000 | |||
restructuring activity and asset impairment charges | 13,000,000 | 13,000,000 | 2,000,000 | 5,000,000 | 2,000,000 | 9,000,000 | -1,000,000 | ||||||||||||||||||||||||||||||||
total operating expenses | 1,399,000,000 | 1,471,000,000 | 1,405,000,000 | 1,390,000,000 | 1,364,000,000 | 1,388,000,000 | 1,353,000,000 | 1,330,000,000 | 1,312,000,000 | 1,312,000,000 | 1,269,000,000 | 1,238,000,000 | 1,258,000,000 | 1,246,000,000 | 1,233,000,000 | 1,161,000,000 | 1,105,000,000 | 1,106,000,000 | 1,045,000,000 | 975,000,000 | 978,000,000 | 896,000,000 | 730,000,000 | 1,192,000,000 | 1,051,000,000 | 968,000,000 | 948,000,000 | 921,000,000 | 929,127,000 | 908,494,000 | 889,433,000 | 908,532,000 | 928,475,000 | 914,784,000 | 917,446,000 | 935,600,000 | |||
operating income | 321,000,000 | 282,000,000 | 372,000,000 | 224,000,000 | 302,000,000 | 279,000,000 | 353,000,000 | 165,000,000 | 278,000,000 | 230,000,000 | 322,000,000 | 187,000,000 | 196,000,000 | 214,000,000 | 150,000,000 | 34,000,000 | 137,000,000 | 135,000,000 | 124,000,000 | 28,000,000 | 30,000,000 | 78,000,000 | -59,000,000 | -126,000,000 | 186,000,000 | 188,000,000 | 194,000,000 | 131,000,000 | 179,208,000 | 205,359,000 | 102,494,000 | 190,030,000 | 125,574,000 | 76,524,000 | 115,091,000 | 98,437,000 | |||
yoy | 6.29% | 1.08% | 5.38% | 35.76% | 8.63% | 21.30% | 9.63% | -11.76% | 41.84% | 7.48% | 114.67% | 450.00% | 43.07% | 58.52% | 20.97% | 21.43% | 356.67% | 73.08% | -310.17% | -122.22% | -83.87% | -58.51% | -130.41% | -196.18% | 4.91% | -5.53% | 27.81% | -5.69% | 63.54% | 33.94% | 65.11% | 27.57% | |||||||
qoq | 13.83% | -24.19% | 66.07% | -25.83% | 8.24% | -20.96% | 113.94% | -40.65% | 20.87% | -28.57% | 72.19% | -4.59% | -8.41% | 42.67% | 341.18% | -75.18% | 1.48% | 8.87% | 342.86% | -6.67% | -61.54% | -232.20% | -53.17% | -167.74% | -1.06% | -3.09% | 48.09% | -12.73% | 100.36% | 51.33% | 64.10% | 16.92% | |||||||
operating margin % | 3.28% | 2.77% | 3.69% | 2.40% | 3.18% | 2.87% | 3.64% | 1.84% | 3.11% | 2.53% | 3.57% | 2.19% | 2.30% | 2.40% | 1.70% | 0.44% | 1.79% | 1.71% | 1.62% | 0.44% | 0.49% | 1.33% | -1.29% | -1.99% | 2.68% | 2.88% | 3.01% | 2.17% | NaN% | 2.91% | 3.33% | 1.76% | NaN% | 3.06% | 2.04% | 1.32% | NaN% | 1.97% | 1.70% |
other expense—net | -1,000,000 | -2,000,000 | 1,000,000 | 3,000,000 | 3,000,000 | -5,000,000 | -6,000,000 | 7,000,000 | 1,000,000 | -3,145,000 | |||||||||||||||||||||||||||||
interest expense—net | 78,000,000 | 76,000,000 | 74,000,000 | 77,000,000 | 80,000,000 | 75,000,000 | 81,000,000 | 79,000,000 | 80,000,000 | 81,000,000 | 82,000,000 | 81,000,000 | 75,000,000 | 65,000,000 | 60,000,000 | 55,000,000 | 55,000,000 | 50,000,000 | 54,000,000 | 54,000,000 | 60,000,000 | 63,000,000 | 63,000,000 | 52,000,000 | 57,000,000 | 43,000,000 | 42,000,000 | 42,000,000 | 41,843,000 | 48,001,000 | 42,844,000 | 43,211,000 | 48,956,000 | 70,245,000 | |||||
income before income taxes | 244,000,000 | 206,000,000 | 300,000,000 | 148,000,000 | 87,000,000 | 201,000,000 | 269,000,000 | 87,000,000 | 200,000,000 | 129,000,000 | 242,000,000 | 107,000,000 | 127,000,000 | 154,000,000 | 95,000,000 | -15,000,000 | 89,000,000 | 91,000,000 | 76,000,000 | -42,000,000 | -25,000,000 | 21,000,000 | -118,000,000 | -172,000,000 | 122,000,000 | 144,000,000 | 154,000,000 | 91,000,000 | 140,537,000 | 160,503,000 | 62,780,000 | 146,819,000 | 84,571,000 | 34,638,000 | 54,652,000 | -13,957,000 | |||
income tax provision | 60,000,000 | 53,000,000 | 76,000,000 | 33,000,000 | 21,000,000 | 53,000,000 | 71,000,000 | 5,000,000 | 53,000,000 | 34,000,000 | 60,000,000 | 25,000,000 | 34,000,000 | 45,000,000 | 25,000,000 | 20,000,000 | 27,000,000 | 21,000,000 | -15,000,000 | 13,000,000 | -26,000,000 | -40,000,000 | 29,000,000 | 39,000,000 | 38,000,000 | 20,000,000 | 26,251,000 | 34,970,000 | -4,537,000 | 51,268,000 | 19,113,000 | 7,822,000 | -78,359,000 | -565,000 | |||||
net income | 184,000,000 | 153,000,000 | 224,000,000 | 115,000,000 | 66,000,000 | 148,000,000 | 198,000,000 | 82,000,000 | 147,000,000 | 95,000,000 | 182,000,000 | 82,000,000 | 93,000,000 | 109,000,000 | 70,000,000 | -7,000,000 | 69,000,000 | 64,000,000 | 55,000,000 | -24,000,000 | -10,000,000 | 8,000,000 | -92,000,000 | -132,000,000 | 92,000,000 | 106,000,000 | 116,000,000 | 71,000,000 | 114,286,000 | 125,533,000 | 67,317,000 | 95,551,000 | 65,458,000 | 26,816,000 | 133,011,000 | -13,392,000 | |||
yoy | 178.79% | 3.38% | 13.13% | 40.24% | -55.10% | 55.79% | 8.79% | 0.00% | 58.06% | -12.84% | 160.00% | -1271.43% | 34.78% | 70.31% | 27.27% | -70.83% | -790.00% | 700.00% | -159.78% | -81.82% | -110.87% | -92.45% | -179.31% | -285.92% | -7.25% | -7.59% | 5.47% | 19.61% | 91.78% | 151.03% | -28.16% | -588.78% | |||||||
qoq | 20.26% | -31.70% | 94.78% | 74.24% | -55.41% | -25.25% | 141.46% | -44.22% | 54.74% | -47.80% | 121.95% | -11.83% | -14.68% | 55.71% | -1100.00% | -110.14% | 7.81% | 16.36% | -329.17% | 140.00% | -225.00% | -108.70% | -30.30% | -243.48% | -13.21% | -8.62% | 63.38% | -8.96% | 86.48% | 45.97% | 144.10% | -1093.21% | |||||||
net income margin % | 1.88% | 1.50% | 2.22% | 1.23% | 0.70% | 1.52% | 2.04% | 0.92% | 1.65% | 1.04% | 2.02% | 0.96% | 1.09% | 1.22% | 0.79% | -0.09% | 0.90% | 0.81% | 0.72% | -0.38% | -0.16% | 0.14% | -2.02% | -2.08% | 1.33% | 1.62% | 1.80% | 1.18% | NaN% | 1.86% | 2.04% | 1.16% | NaN% | 1.54% | 1.06% | 0.46% | NaN% | 2.28% | -0.23% |
other comprehensive income—net of tax: | |||||||||||||||||||||||||||||||||||||||
changes in retirement benefit obligations | 154,000,000 | 1,000,000 | 1,000,000 | 2,000,000 | -44,000,000 | 1,000,000 | 1,000,000 | 22,000,000 | 1,000,000 | 40,000,000 | 3,000,000 | 1,000,000 | 1,000,000 | 435,000 | 25,231,000 | 603,000 | |||||||||||||||||||||||
comprehensive income | 189,000,000 | 153,000,000 | 224,000,000 | 115,000,000 | 96,000,000 | 149,000,000 | 199,000,000 | 84,000,000 | 103,000,000 | 96,000,000 | 183,000,000 | 83,000,000 | 39,000,000 | 109,000,000 | 70,000,000 | 79,000,000 | 65,000,000 | 57,000,000 | 13,000,000 | 10,000,000 | -91,000,000 | -138,000,000 | 132,000,000 | 108,000,000 | 109,000,000 | 66,000,000 | 116,275,000 | 154,408,000 | 76,960,000 | 99,055,000 | 67,338,000 | 27,473,000 | 141,047,000 | -32,269,000 | |||||
net income per share | -0.263 | -0.01 | 0.335 | 0.49 | |||||||||||||||||||||||||||||||||||
basic | 0.83 | 0.68 | 0.97 | 0.5 | 0.3 | 0.61 | 0.81 | 0.33 | 0.6 | 0.38 | 0.76 | 0.33 | 0.37 | 0.44 | 0.27 | -0.07 | 0.27 | 0.25 | 0.21 | -0.18 | -0.44 | -0.6 | 0.53 | 0.33 | 0.53 | 0.58 | 0.31 | 0.43 | 0.29 | 0.12 | 0.6 | -0.07 | |||||||
diluted | 0.82 | 0.67 | 0.96 | 0.49 | 0.28 | 0.61 | 0.8 | 0.33 | 0.59 | 0.38 | 0.73 | 0.32 | 0.37 | 0.43 | 0.27 | -0.07 | 0.26 | 0.24 | 0.2 | -0.18 | 0.53 | 0.32 | 0.52 | 0.58 | 0.31 | 0.42 | 0.29 | 0.12 | 0.59 | -0.07 | |||||||||
weighted-average common shares outstanding | |||||||||||||||||||||||||||||||||||||||
basic | 227 | 225.5 | 230 | 231 | 241 | 241 | 246 | 245 | 239 | 247 | 238 | 226 | 224 | 225 | 224 | 223 | 222 | 222 | 222 | 221 | 220 | 220 | 220 | 219 | 218 | 218 | 218 | 217 | 216,112,021 | 216,623,903 | 215,827,074 | 215,080,238 | 222,383,038 | 223,807,520 | 222,754,030 | 221,364,013 | 200,129,868 | 220,608,821 | 190,077,211 |
diluted | 230 | 228.4 | 233 | 234 | 244 | 244 | 248 | 248 | 250 | 249 | 251 | 252 | 226 | 251 | 226 | 223 | 225 | 225 | 225 | 221 | 220 | 220 | 220 | 219 | 220 | 220 | 219 | 219 | 217,825,545 | 218,107,064 | 217,770,313 | 217,212,222 | 225,663,785 | 225,862,274 | 226,791,449 | 226,323,410 | 204,024,726 | 225,054,051 | 190,077,211 |
other income—net | -1,000,000 | -1,000,000 | -2,000,000 | -1,000,000 | -2,000,000 | -1,000,000 | -6,000,000 | -5,000,000 | -5,000,000 | -6,000,000 | -4,750,000 | -6,000,000 | -6,000,000 | -7,000,000 | -4,000,000 | -6,000,000 | -2,000,000 | -2,000,000 | -3,172,000 | -3,130,000 | |||||||||||||||||||
loss on extinguishment of debt | 21,000,000 | 23,000,000 | 11,483,000 | 42,149,000 | |||||||||||||||||||||||||||||||||||
unrecognized gain on interest rate caps | 250,000 | 1,000,000 | |||||||||||||||||||||||||||||||||||||
series a convertible preferred stock dividends | -7,000,000 | -10,000,000 | -9,000,000 | -9,000,000 | -9,000,000 | -10,000,000 | -9,000,000 | -9,000,000 | 15,000,000 | 13,000,000 | 10,000,000 | 5,000,000 | |||||||||||||||||||||||||||
net income available to common shareholders | 66,000,000 | 148,000,000 | 198,000,000 | 82,000,000 | 147,000,000 | 95,000,000 | 182,000,000 | 75,000,000 | 83,000,000 | 100,000,000 | 61,000,000 | 59,000,000 | 55,000,000 | 46,000,000 | -23,000,000 | -2,000,000 | -97,000,000 | ||||||||||||||||||||||
other comprehensive income —net of tax: | |||||||||||||||||||||||||||||||||||||||
restructuring costs and asset impairment charges | 13,000,000 | 7,000,000 | 1,000,000 | 3,000,000 | |||||||||||||||||||||||||||||||||||
recognition of interest rate swaps | |||||||||||||||||||||||||||||||||||||||
income tax benefit | -8,000,000 | -18,000,000 | |||||||||||||||||||||||||||||||||||||
other comprehensive loss—net of tax: | |||||||||||||||||||||||||||||||||||||||
comprehensive loss | -7,000,000 | -22,000,000 | |||||||||||||||||||||||||||||||||||||
net loss available to common shareholders | -16,000,000 | -39,000,000 | |||||||||||||||||||||||||||||||||||||
unrecognized gain on interest rate swaps | 1,250,000 | 1,000,000 | 2,000,000 | 2,000,000 | 1,000,000 | 2,000,000 | -1,000,000 | -8,000,000 | -6,000,000 | 1,554,000 | 3,644,000 | 9,040,000 | |||||||||||||||||||||||||||
restructuring and asset impairment charges | 9,750,000 | 23,000,000 | |||||||||||||||||||||||||||||||||||||
income from continuing operations | -54,000,000 | 8,000,000 | 73,000,000 | 105,000,000 | |||||||||||||||||||||||||||||||||||
income from discontinued operations—net of tax: | |||||||||||||||||||||||||||||||||||||||
net income per share | -0.263 | -0.01 | 0.335 | 0.49 | |||||||||||||||||||||||||||||||||||
continuing operations | -0.263 | -0.01 | 0.333 | 0.48 | |||||||||||||||||||||||||||||||||||
discontinued operations | 0.003 | 0.01 | |||||||||||||||||||||||||||||||||||||
restructuring costs | 16,000,000 | ||||||||||||||||||||||||||||||||||||||
unrecognized loss on interest rate swaps | -6,000,000 | ||||||||||||||||||||||||||||||||||||||
net income per share | -0.263 | -0.01 | 0.335 | 0.49 | |||||||||||||||||||||||||||||||||||
basic | 0.83 | 0.68 | 0.97 | 0.5 | 0.3 | 0.61 | 0.81 | 0.33 | 0.6 | 0.38 | 0.76 | 0.33 | 0.37 | 0.44 | 0.27 | -0.07 | 0.27 | 0.25 | 0.21 | -0.18 | -0.44 | -0.6 | 0.53 | 0.33 | 0.53 | 0.58 | 0.31 | 0.43 | 0.29 | 0.12 | 0.6 | -0.07 | |||||||
dilutive | -0.44 | -0.6 | |||||||||||||||||||||||||||||||||||||
income from discontinued operations—net of tax | 250,000 | 1,000,000 | |||||||||||||||||||||||||||||||||||||
restructuring (benefits) costs | |||||||||||||||||||||||||||||||||||||||
restructuring (benefit) charges | -360,000 | -387,000 | |||||||||||||||||||||||||||||||||||||
restructuring charges | 1,552,000 | 702,000 | 704,000 | 1,873,000 | |||||||||||||||||||||||||||||||||||
changes in retirement benefit obligations, net of tax | 1,059,000 | ||||||||||||||||||||||||||||||||||||||
unrecognized gain on interest rate swaps, net of tax | 2,445,000 | ||||||||||||||||||||||||||||||||||||||
distribution declared and paid | |||||||||||||||||||||||||||||||||||||||
distribution declared and paid per share | |||||||||||||||||||||||||||||||||||||||
interest expense — net | 41,003,000 | 41,886,000 | |||||||||||||||||||||||||||||||||||||
other comprehensive income — net of tax: | |||||||||||||||||||||||||||||||||||||||
changes in retirement benefit obligations, net of income tax | 1,880,000 | 657,000 | 8,036,000 | -18,876,000 | |||||||||||||||||||||||||||||||||||
restructuring and tangible asset impairment charges | 14,662,000 | 13,360,000 | |||||||||||||||||||||||||||||||||||||
acquisition termination fees—net | |||||||||||||||||||||||||||||||||||||||
other comprehensive income–net of tax: |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2025-12-27 | 2025-09-27 | 2025-06-28 | 2025-03-29 | 2024-12-28 | 2024-09-28 | 2024-06-29 | 2024-03-30 | 2023-12-30 | 2023-09-30 | 2023-07-01 | 2023-04-01 | 2022-12-31 | 2022-10-01 | 2022-07-02 | 2022-04-02 | 2022-01-01 | 2021-10-02 | 2021-07-03 | 2021-04-03 | 2021-01-02 | 2020-09-26 | 2020-06-27 | 2020-03-28 | 2019-12-28 | 2019-09-28 | 2019-06-29 | 2019-03-30 | 2018-12-29 | 2018-09-29 | 2018-06-30 | 2018-03-31 | 2017-12-30 | 2017-09-30 | 2017-07-01 | 2017-04-01 | 2016-12-31 | 2016-10-01 | 2016-07-02 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||||||||||||||||||||||||
current assets: | |||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 41,000,000 | 56,000,000 | 61,000,000 | 101,000,000 | 59,000,000 | 81,000,000 | 405,000,000 | 267,000,000 | 269,000,000 | 346,000,000 | 379,000,000 | 292,000,000 | 211,000,000 | 366,000,000 | 197,000,000 | 190,000,000 | 148,000,000 | 772,000,000 | 699,000,000 | 912,000,000 | 828,000,000 | 1,019,000,000 | 1,668,000,000 | 1,077,000,000 | 90,000,000 | 90,000,000 | 96,000,000 | 92,000,000 | 104,000,000 | 88,082,000 | 100,203,000 | 85,286,000 | 118,849,000 | 147,362,000 | 149,972,000 | 151,817,000 | 131,090,000 | 149,976,000 | 115,406,000 |
accounts receivable, less allowances | 2,026,000,000 | 2,192,000,000 | 2,104,000,000 | 2,078,000,000 | 1,957,000,000 | 2,065,000,000 | 1,976,000,000 | 1,966,000,000 | 1,854,000,000 | 1,926,000,000 | 1,829,000,000 | 1,834,000,000 | 1,705,000,000 | 1,853,000,000 | 1,776,000,000 | 1,658,000,000 | 1,469,000,000 | 1,549,000,000 | 1,539,000,000 | 1,354,000,000 | 1,084,000,000 | 1,185,000,000 | 1,089,000,000 | 1,124,000,000 | 1,455,000,000 | 1,548,000,000 | 1,391,000,000 | 1,408,000,000 | 1,347,000,000 | 1,390,462,000 | 1,338,894,000 | 1,370,804,000 | 1,301,631,000 | 1,410,694,000 | 1,366,470,000 | 1,371,503,000 | 1,226,032,000 | 1,346,535,000 | 1,271,192,000 |
vendor receivables, less allowances of 7 and 7 | 173,000,000 | ||||||||||||||||||||||||||||||||||||||
inventories—net | 1,711,000,000 | 1,695,000,000 | 1,574,000,000 | 1,518,000,000 | 1,626,000,000 | 1,618,000,000 | 1,593,000,000 | 1,620,000,000 | 1,600,000,000 | 1,582,000,000 | 1,531,000,000 | 1,625,000,000 | 1,616,000,000 | 1,761,000,000 | 1,793,000,000 | 1,826,000,000 | 1,686,000,000 | 1,565,000,000 | 1,560,000,000 | 1,451,000,000 | 1,273,000,000 | 1,314,000,000 | 1,332,000,000 | 1,426,000,000 | 1,432,000,000 | 1,468,000,000 | 1,277,000,000 | 1,272,000,000 | 1,279,000,000 | 1,300,585,000 | 1,208,250,000 | 1,207,080,000 | 1,207,830,000 | 1,304,154,000 | 1,236,167,000 | 1,197,984,000 | 1,223,037,000 | ||
prepaid expenses | 153,000,000 | 153,000,000 | 154,000,000 | 152,000,000 | 146,000,000 | 123,000,000 | 131,000,000 | 152,000,000 | 138,000,000 | 138,000,000 | 121,000,000 | 116,000,000 | 124,000,000 | 106,000,000 | 133,000,000 | 148,000,000 | 120,000,000 | 115,000,000 | 144,000,000 | 160,000,000 | 132,000,000 | 93,000,000 | 137,000,000 | 121,000,000 | 109,000,000 | 101,000,000 | 94,000,000 | 111,000,000 | 106,000,000 | 99,737,000 | 95,885,000 | 90,229,000 | 80,255,000 | 73,520,000 | 80,754,000 | 87,514,000 | 72,650,000 | 68,040,000 | 69,836,000 |
assets held for sale | 8,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 8,000,000 | 8,000,000 | 8,000,000 | 8,000,000 | 12,000,000 | 9,000,000 | 10,000,000 | 1,000,000 | 10,000,000 | 20,000,000 | 15,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 7,000,000 | 7,000,000 | 7,817,000 | 5,178,000 | 5,178,000 | 5,178,000 | 21,538,000 | 21,638,000 | 21,039,000 | 21,039,000 | 24,685,000 | 21,923,000 | |||||||||
other current assets | 60,000,000 | 27,000,000 | 21,000,000 | 22,000,000 | 11,000,000 | 12,000,000 | 17,000,000 | 19,000,000 | 14,000,000 | 11,000,000 | 17,000,000 | 23,000,000 | 19,000,000 | 11,000,000 | 13,000,000 | 21,000,000 | 18,000,000 | 18,000,000 | 21,000,000 | 20,000,000 | 26,000,000 | 29,000,000 | 26,000,000 | 24,000,000 | 32,000,000 | 11,000,000 | 13,000,000 | 21,000,000 | 30,000,000 | 26,267,000 | 23,180,000 | 18,045,000 | 8,440,000 | 8,193,000 | 9,926,000 | 10,643,000 | 9,781,000 | 9,691,000 | 14,115,000 |
total current assets | 4,164,000,000 | 4,365,000,000 | 4,155,000,000 | 4,091,000,000 | 3,974,000,000 | 4,116,000,000 | 4,334,000,000 | 4,234,000,000 | 4,031,000,000 | 4,209,000,000 | 4,082,000,000 | 4,094,000,000 | 3,820,000,000 | 4,298,000,000 | 4,121,000,000 | 4,050,000,000 | 3,594,000,000 | 4,235,000,000 | 4,166,000,000 | 4,084,000,000 | 3,465,000,000 | 3,805,000,000 | 4,422,000,000 | 3,923,000,000 | 3,262,000,000 | 3,560,000,000 | 3,042,000,000 | 3,081,000,000 | 2,979,000,000 | 3,072,832,000 | 2,912,949,000 | 2,931,112,000 | 2,819,381,000 | 3,134,171,000 | 3,021,523,000 | 2,993,671,000 | 2,789,171,000 | 2,972,000,000 | 2,829,076,000 |
property and equipment—net | 2,681,000,000 | 2,626,000,000 | 2,562,000,000 | 2,495,000,000 | 2,398,000,000 | 2,358,000,000 | 2,359,000,000 | 2,303,000,000 | 2,280,000,000 | 2,187,000,000 | 2,173,000,000 | 2,172,000,000 | 2,171,000,000 | 2,075,000,000 | 2,049,000,000 | 2,022,000,000 | 2,033,000,000 | 1,988,000,000 | 1,976,000,000 | 1,987,000,000 | 2,021,000,000 | 2,055,000,000 | 2,121,000,000 | 2,105,000,000 | 2,075,000,000 | 2,029,000,000 | 1,836,000,000 | 1,849,000,000 | 1,842,000,000 | 1,810,231,000 | 1,822,597,000 | 1,827,588,000 | 1,801,215,000 | 1,794,313,000 | 1,786,657,000 | 1,789,437,000 | 1,767,611,000 | ||
goodwill | 5,794,000,000 | 5,767,000,000 | 5,767,000,000 | 5,768,000,000 | 5,766,000,000 | 5,779,000,000 | 5,779,000,000 | 5,697,000,000 | 5,697,000,000 | 5,685,000,000 | 5,625,000,000 | 5,625,000,000 | 5,625,000,000 | 5,625,000,000 | 5,625,000,000 | 5,625,000,000 | 5,625,000,000 | 5,625,000,000 | 5,625,000,000 | 5,625,000,000 | 5,637,000,000 | 5,644,000,000 | 5,629,000,000 | 4,728,000,000 | 4,728,000,000 | 4,728,000,000 | 3,967,000,000 | 3,967,000,000 | 3,967,000,000 | 3,966,863,000 | 3,966,863,000 | 3,967,322,000 | 3,966,565,000 | 3,967,344,000 | 3,957,166,000 | 3,922,360,000 | 3,908,484,000 | 3,899,514,000 | 3,898,096,000 |
other intangibles—net | 781,000,000 | 787,000,000 | 814,000,000 | 828,000,000 | 836,000,000 | 852,000,000 | 867,000,000 | 796,000,000 | 803,000,000 | 808,000,000 | 763,000,000 | 774,000,000 | 785,000,000 | 797,000,000 | 808,000,000 | 819,000,000 | 830,000,000 | 841,000,000 | 860,000,000 | 874,000,000 | 892,000,000 | 913,000,000 | 943,000,000 | 948,000,000 | 967,000,000 | 983,000,000 | 304,000,000 | 314,000,000 | 324,000,000 | 334,017,000 | 343,884,000 | 353,751,000 | 363,618,000 | 373,717,000 | 363,237,000 | 369,122,000 | 386,881,000 | ||
other assets | 523,000,000 | 499,000,000 | 492,000,000 | 469,000,000 | 429,000,000 | 370,000,000 | 364,000,000 | 360,000,000 | 376,000,000 | 382,000,000 | 386,000,000 | 373,000,000 | 372,000,000 | 447,000,000 | 424,000,000 | 435,000,000 | 431,000,000 | 416,000,000 | 419,000,000 | 409,000,000 | 407,000,000 | 379,000,000 | 405,000,000 | 273,000,000 | 256,000,000 | 226,000,000 | 184,000,000 | 173,000,000 | 67,000,000 | 83,302,000 | 77,175,000 | 74,292,000 | 64,874,000 | 57,738,000 | 48,529,000 | 68,470,000 | 57,898,000 | 63,324,000 | 63,654,000 |
noncurrent assets held for sale | 33,000,000 | ||||||||||||||||||||||||||||||||||||||
total assets | 13,943,000,000 | 14,044,000,000 | 13,790,000,000 | 13,651,000,000 | 13,436,000,000 | 13,475,000,000 | 13,703,000,000 | 13,390,000,000 | 13,187,000,000 | 13,272,000,000 | 13,029,000,000 | 13,038,000,000 | 12,773,000,000 | 13,242,000,000 | 13,033,000,000 | 12,960,000,000 | 12,521,000,000 | 13,117,000,000 | 13,064,000,000 | 13,000,000,000 | 12,423,000,000 | 12,796,000,000 | 13,529,000,000 | 11,984,000,000 | 11,288,000,000 | 11,526,000,000 | 9,339,000,000 | 9,391,000,000 | 9,186,000,000 | 9,273,902,000 | 9,135,255,000 | 9,173,774,000 | 9,037,158,000 | 9,358,234,000 | 9,208,096,000 | 9,177,596,000 | 8,944,450,000 | 9,108,291,000 | 8,995,635,000 |
liabilities and shareholders' equity | |||||||||||||||||||||||||||||||||||||||
current liabilities: | |||||||||||||||||||||||||||||||||||||||
cash overdraft liability | 168,000,000 | 165,000,000 | 181,000,000 | 206,000,000 | 216,000,000 | 179,000,000 | 193,000,000 | 198,000,000 | 220,000,000 | 214,000,000 | 190,000,000 | 199,000,000 | 175,000,000 | 219,000,000 | 202,000,000 | 214,000,000 | 183,000,000 | 182,000,000 | 177,000,000 | 178,000,000 | 136,000,000 | 159,000,000 | 147,000,000 | 159,000,000 | 222,000,000 | 227,000,000 | 139,000,000 | 155,000,000 | 157,000,000 | ||||||||||
accounts payable | 2,447,000,000 | 2,699,000,000 | 2,529,000,000 | 2,423,000,000 | 2,231,000,000 | 2,395,000,000 | 2,349,000,000 | 2,273,000,000 | 2,051,000,000 | 2,249,000,000 | 2,137,000,000 | 2,134,000,000 | 1,855,000,000 | 2,180,000,000 | 2,062,000,000 | 2,077,000,000 | 1,662,000,000 | 1,963,000,000 | 1,904,000,000 | 1,733,000,000 | 1,218,000,000 | 1,543,000,000 | 1,914,000,000 | 1,299,000,000 | 1,460,000,000 | 1,645,000,000 | 1,535,000,000 | 1,534,000,000 | 1,359,000,000 | 1,520,871,000 | 1,454,172,000 | 1,542,624,000 | 1,289,349,000 | 1,519,309,000 | 1,526,190,000 | 1,473,026,000 | 1,294,796,000 | 1,422,492,000 | 1,365,131,000 |
accrued expenses and other current liabilities | 839,000,000 | 823,000,000 | 731,000,000 | 747,000,000 | 732,000,000 | 777,000,000 | 706,000,000 | 651,000,000 | 731,000,000 | 677,000,000 | 601,000,000 | 602,000,000 | 650,000,000 | 671,000,000 | 644,000,000 | 635,000,000 | 610,000,000 | 592,000,000 | 570,000,000 | 538,000,000 | 497,000,000 | 521,000,000 | 515,000,000 | 423,000,000 | 538,000,000 | 511,000,000 | 438,000,000 | 419,000,000 | 454,000,000 | 414,102,000 | 397,015,000 | 379,832,000 | 450,742,000 | 446,862,000 | 421,192,000 | 367,629,000 | 455,815,000 | 414,317,000 | 398,693,000 |
current portion of long-term debt | 137,000,000 | 120,000,000 | 118,000,000 | 116,000,000 | 109,000,000 | 118,000,000 | 118,000,000 | 116,000,000 | 110,000,000 | 112,000,000 | 120,000,000 | 117,000,000 | 116,000,000 | 100,000,000 | 108,000,000 | 103,000,000 | 95,000,000 | 115,000,000 | 117,000,000 | 122,000,000 | 131,000,000 | 149,000,000 | 149,000,000 | 146,000,000 | 142,000,000 | 136,000,000 | 104,000,000 | 106,000,000 | 106,000,000 | 100,398,000 | 101,458,000 | 120,737,000 | 109,226,000 | 106,052,000 | 103,903,000 | 82,234,000 | 75,962,000 | 75,230,000 | 73,077,000 |
liabilities held for sale | 8,000,000 | ||||||||||||||||||||||||||||||||||||||
total current liabilities | 3,591,000,000 | 3,807,000,000 | 3,559,000,000 | 3,492,000,000 | 3,296,000,000 | 3,469,000,000 | 3,366,000,000 | 3,238,000,000 | 3,112,000,000 | 3,252,000,000 | 3,048,000,000 | 3,052,000,000 | 2,796,000,000 | 3,170,000,000 | 3,016,000,000 | 3,029,000,000 | 2,550,000,000 | 2,852,000,000 | 2,768,000,000 | 2,571,000,000 | 1,982,000,000 | 2,372,000,000 | 2,725,000,000 | 2,027,000,000 | 2,362,000,000 | 2,546,000,000 | 2,216,000,000 | 2,214,000,000 | 2,076,000,000 | 2,208,937,000 | 2,099,865,000 | 2,218,225,000 | 2,002,882,000 | 2,246,250,000 | 2,213,066,000 | 2,095,207,000 | 1,969,285,000 | 2,088,050,000 | 2,013,725,000 |
long-term debt | 5,063,000,000 | 4,832,000,000 | 4,713,000,000 | 4,689,000,000 | 4,819,000,000 | 4,671,000,000 | 4,589,000,000 | 4,585,000,000 | 4,564,000,000 | 4,574,000,000 | 4,631,000,000 | 4,693,000,000 | 4,738,000,000 | 4,837,000,000 | 4,912,000,000 | 4,890,000,000 | 4,916,000,000 | 5,281,000,000 | 5,398,000,000 | 5,616,000,000 | 5,617,000,000 | 5,638,000,000 | 6,065,000,000 | 5,769,000,000 | 4,594,000,000 | 4,788,000,000 | 3,101,000,000 | 3,275,000,000 | 3,351,000,000 | 3,410,237,000 | 3,497,847,000 | 3,509,757,000 | 3,648,055,000 | 3,596,647,000 | 3,623,397,000 | 3,772,270,000 | 3,705,751,000 | 3,756,120,000 | 3,798,189,000 |
deferred tax liabilities | 426,000,000 | 385,000,000 | 354,000,000 | 347,000,000 | 335,000,000 | 261,000,000 | 282,000,000 | 300,000,000 | 293,000,000 | 304,000,000 | 300,000,000 | 303,000,000 | 298,000,000 | 298,000,000 | 312,000,000 | 312,000,000 | 307,000,000 | 288,000,000 | 281,000,000 | 275,000,000 | 270,000,000 | 250,000,000 | 284,000,000 | 296,000,000 | 308,000,000 | 294,000,000 | 286,000,000 | 293,000,000 | 298,000,000 | 311,971,000 | 305,213,000 | 291,766,000 | 263,322,000 | 420,106,000 | 404,444,000 | 393,663,000 | 380,835,000 | 395,822,000 | 455,198,000 |
other long-term liabilities | 556,000,000 | 549,000,000 | 538,000,000 | 507,000,000 | 447,000,000 | 468,000,000 | 455,000,000 | 442,000,000 | 469,000,000 | 450,000,000 | 446,000,000 | 438,000,000 | 446,000,000 | 476,000,000 | 455,000,000 | 473,000,000 | 479,000,000 | 514,000,000 | 510,000,000 | 504,000,000 | 505,000,000 | 525,000,000 | 464,000,000 | 310,000,000 | 315,000,000 | 341,000,000 | 301,000,000 | 299,000,000 | 232,000,000 | 196,032,000 | 212,358,000 | 308,139,000 | 371,536,000 | 350,047,000 | 333,731,000 | 342,074,000 | 350,929,000 | 374,920,000 | 380,662,000 |
noncurrent liabilities held for sale | 11,000,000 | ||||||||||||||||||||||||||||||||||||||
total liabilities | 9,636,000,000 | 9,573,000,000 | 9,164,000,000 | 9,035,000,000 | 8,908,000,000 | 8,869,000,000 | 8,692,000,000 | 8,565,000,000 | 8,438,000,000 | 8,580,000,000 | 8,425,000,000 | 8,486,000,000 | 8,278,000,000 | 8,781,000,000 | 8,695,000,000 | 8,704,000,000 | 8,252,000,000 | 8,935,000,000 | 8,957,000,000 | 8,966,000,000 | 8,374,000,000 | 8,785,000,000 | 9,538,000,000 | 8,402,000,000 | 7,579,000,000 | 7,969,000,000 | 5,904,000,000 | 6,081,000,000 | 5,957,000,000 | 6,127,177,000 | 6,115,283,000 | 6,327,887,000 | 6,285,795,000 | 6,613,050,000 | 6,574,638,000 | 6,603,214,000 | 6,406,800,000 | 6,614,912,000 | 6,647,774,000 |
commitments and contingencies | |||||||||||||||||||||||||||||||||||||||
shareholders' equity: | |||||||||||||||||||||||||||||||||||||||
common stock | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,173,000 | 2,170,000 | 2,159,000 | 2,150,000 | 2,245,000 | 2,238,000 | 2,220,000 | 2,209,000 | 2,206,000 | 2,206,000 |
additional paid-in capital | 3,777,000,000 | 3,804,000,000 | 3,780,000,000 | 3,744,000,000 | 3,748,000,000 | 3,722,000,000 | 3,696,000,000 | 3,668,000,000 | 3,663,000,000 | 3,642,000,000 | 3,621,000,000 | 3,212,000,000 | 3,036,000,000 | 3,017,000,000 | 2,994,000,000 | 2,973,000,000 | 2,970,000,000 | 2,952,000,000 | 2,933,000,000 | 2,908,000,000 | 2,901,000,000 | 2,886,000,000 | 2,871,000,000 | 2,857,000,000 | 2,845,000,000 | 2,825,000,000 | 2,811,000,000 | 2,795,000,000 | 2,780,000,000 | 2,769,150,000 | 2,758,675,000 | 2,739,009,000 | 2,721,454,000 | 2,804,896,000 | 2,792,232,000 | 2,800,512,000 | 2,791,264,000 | 2,787,082,000 | 2,782,611,000 |
retained earnings | 2,679,000,000 | 2,495,000,000 | 2,342,000,000 | 2,118,000,000 | 2,003,000,000 | 1,937,000,000 | 1,789,000,000 | 1,591,000,000 | 1,509,000,000 | 1,362,000,000 | 1,267,000,000 | 1,085,000,000 | 1,010,000,000 | 927,000,000 | 827,000,000 | 766,000,000 | 782,000,000 | 723,000,000 | 668,000,000 | 622,000,000 | 661,000,000 | 684,000,000 | 686,000,000 | 783,000,000 | 916,000,000 | 824,000,000 | 718,000,000 | 602,000,000 | 531,000,000 | 430,650,000 | 316,364,000 | 190,831,000 | |||||||
accumulated other comprehensive income | 48,000,000 | 43,000,000 | 43,000,000 | 43,000,000 | 43,000,000 | ||||||||||||||||||||||||||||||||||
treasury stock | -2,200,000,000 | -1,874,000,000 | -1,542,000,000 | -1,292,000,000 | -1,269,000,000 | -945,000,000 | -365,000,000 | -324,000,000 | -311,000,000 | -245,000,000 | -216,000,000 | -48,000,000 | -14,000,000 | ||||||||||||||||||||||||||
total shareholders’ equity | 4,307,000,000 | 4,471,000,000 | 4,626,000,000 | 4,616,000,000 | 4,528,000,000 | 4,606,000,000 | 5,011,000,000 | 4,825,000,000 | 4,749,000,000 | 4,692,000,000 | 4,604,000,000 | 4,179,000,000 | 3,961,000,000 | 3,927,000,000 | 3,804,000,000 | 3,722,000,000 | 3,735,000,000 | 3,648,000,000 | 3,573,000,000 | 3,500,000,000 | 3,530,000,000 | 3,515,000,000 | 3,500,000,000 | 3,582,000,000 | 3,709,000,000 | 3,557,000,000 | 3,435,000,000 | 3,310,000,000 | 3,229,000,000 | 3,146,725,000 | 3,019,972,000 | 2,845,887,000 | 2,751,363,000 | 2,745,184,000 | 2,633,458,000 | 2,574,382,000 | 2,537,650,000 | 2,493,379,000 | 2,347,861,000 |
total liabilities and shareholders’ equity | 13,943,000,000 | 13,436,000,000 | 13,703,000,000 | 13,390,000,000 | |||||||||||||||||||||||||||||||||||
vendor receivables, less allowances of 8 and 7 | 242,000,000 | 241,000,000 | 220,000,000 | 143,000,000 | |||||||||||||||||||||||||||||||||||
shareholders’ equity: | |||||||||||||||||||||||||||||||||||||||
total liabilities and shareholders' equity | 14,044,000,000 | 13,790,000,000 | 13,651,000,000 | 13,475,000,000 | 11,984,000,000 | 11,288,000,000 | 11,526,000,000 | 9,339,000,000 | 9,391,000,000 | 9,273,902,000 | 9,135,255,000 | 9,173,774,000 | 9,358,234,000 | 9,208,096,000 | 9,177,596,000 | ||||||||||||||||||||||||
vendor receivables, less allowances of 7 and 5 | 167,000,000 | 145,000,000 | 177,000,000 | ||||||||||||||||||||||||||||||||||||
vendor receivables, less allowances of 8 and 5 | 217,000,000 | ||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | -111,000,000 | -112,000,000 | -113,000,000 | -115,000,000 | -70,000,000 | -71,000,000 | -72,000,000 | -73,000,000 | -19,000,000 | -19,000,000 | -19,000,000 | -19,000,000 | -29,000,000 | -30,000,000 | -32,000,000 | -34,000,000 | -57,000,000 | -59,000,000 | -60,000,000 | -54,000,000 | -94,000,000 | -96,000,000 | -89,000,000 | -84,000,000 | -55,248,000 | -57,237,000 | -86,112,000 | -95,755,000 | -113,322,000 | -116,826,000 | -118,706,000 | -119,363,000 | -82,585,000 | -90,621,000 | |||||
vendor receivables, less allowances of 6 and 5 | 212,000,000 | 210,000,000 | 204,000,000 | 194,000,000 | |||||||||||||||||||||||||||||||||||
liabilities and shareholders’ equity | |||||||||||||||||||||||||||||||||||||||
vendor receivables, less allowances of 5 and 8 | 156,000,000 | ||||||||||||||||||||||||||||||||||||||
liabilities, mezzanine equity and shareholders’ equity | |||||||||||||||||||||||||||||||||||||||
mezzanine equity: | |||||||||||||||||||||||||||||||||||||||
series a convertible preferred stock, 0.01 par value—25 shares authorized; 0 and 0.5 issued and outstanding as of december 30, 2023 and december 31, 2022, respectively | |||||||||||||||||||||||||||||||||||||||
total liabilities, mezzanine equity and shareholders’ equity | 13,187,000,000 | 13,272,000,000 | 13,029,000,000 | 13,038,000,000 | 12,773,000,000 | 13,242,000,000 | 13,033,000,000 | 12,960,000,000 | |||||||||||||||||||||||||||||||
vendor receivables, less allowances of 7 and 8 | 206,000,000 | 203,000,000 | |||||||||||||||||||||||||||||||||||||
series a convertible preferred stock, 0.01 par value—25 shares authorized; 0 and 0.5 issued and outstanding as of september 30, 2023 and december 31, 2022, respectively | |||||||||||||||||||||||||||||||||||||||
series a convertible preferred stock, 0.01 par value—25 shares authorized; 0.0 and 0.5 issued and outstanding as of july 1, 2023 and december 31, 2022, respectively | |||||||||||||||||||||||||||||||||||||||
vendor receivables, less allowances of 8 and 8 | 202,000,000 | ||||||||||||||||||||||||||||||||||||||
series a convertible preferred stock, 0.01 par value—25 shares authorized; 0.4 and 0.5 issued and outstanding as of april 1, 2023 and december 31, 2022, respectively | 373,000,000 | ||||||||||||||||||||||||||||||||||||||
deferred tax assets | 6,000,000 | 9,000,000 | 8,000,000 | 12,000,000 | 18,000,000 | 21,000,000 | 1,000,000 | 9,000,000 | 7,000,000 | 6,000,000 | 7,000,000 | 7,000,000 | 6,657,000 | 11,787,000 | 19,709,000 | 21,505,000 | 30,951,000 | 30,984,000 | 34,536,000 | 34,405,000 | 27,922,000 | ||||||||||||||||||
series a convertible preferred stock, 0.01 par value—25 shares authorized; 0.5 issued and outstanding as of december 31, 2022 and january 1, 2022 | 534,000,000 | ||||||||||||||||||||||||||||||||||||||
vendor receivables, less allowances of 10 and 7 | 193,000,000 | ||||||||||||||||||||||||||||||||||||||
series a convertible preferred stock, 0.01 par value—25 shares authorized; 0.5 issued and outstanding as of october 1, 2022 and january 1, 2022 | 534,000,000 | ||||||||||||||||||||||||||||||||||||||
vendor receivables, less allowances of 13 and 7 | 201,000,000 | ||||||||||||||||||||||||||||||||||||||
series a convertible preferred stock, 0.01 par value—25 shares authorized; 0.5 issued and outstanding as of july 2, 2022 and january 1, 2022 | 534,000,000 | ||||||||||||||||||||||||||||||||||||||
vendor receivables, less allowances of 11 and 7 | 199,000,000 | ||||||||||||||||||||||||||||||||||||||
series a convertible preferred stock, 0.01 par value—25 shares authorized; 0.5 issued and outstanding as of april 2, 2022 and january 1, 2022 | 534,000,000 | ||||||||||||||||||||||||||||||||||||||
liabilities, mezzanine equity and shareholders' equity | |||||||||||||||||||||||||||||||||||||||
series a convertible preferred stock, 0.01 par value—25 shares authorized; 0.5 issued and outstanding as of january 1, 2022 and january 2, 2021 | 534,000,000 | ||||||||||||||||||||||||||||||||||||||
total liabilities, mezzanine equity and shareholders' equity | 12,521,000,000 | 13,117,000,000 | 13,064,000,000 | 13,000,000,000 | 12,423,000,000 | 12,796,000,000 | 13,529,000,000 | ||||||||||||||||||||||||||||||||
series a convertible preferred stock, 0.01 par value—25 shares authorized; 0.5 issued and outstanding as of october 2, 2021 and january 2, 2021 | 534,000,000 | ||||||||||||||||||||||||||||||||||||||
series a convertible preferred stock, 0.01 par value—25 shares authorized; 0.5 issued and outstanding as of july 3, 2021 and january 2, 2021 | 534,000,000 | ||||||||||||||||||||||||||||||||||||||
series a convertible preferred stock, 0.01 par value—25 shares authorized; 0.5 issued and outstanding as of april 3, 2021 and january 2, 2021 | 534,000,000 | ||||||||||||||||||||||||||||||||||||||
vendor receivables, less allowances of 5 and 4 | 121,000,000 | 136,000,000 | |||||||||||||||||||||||||||||||||||||
series a convertible preferred stock, 0.01 par value—25 shares authorized; 0.5 and 0.0 issued and outstanding as of january 2, 2021 and december 28, 2019 | 519,000,000 | ||||||||||||||||||||||||||||||||||||||
vendor receivables, less allowances of 7 and 4 | 155,000,000 | 150,000,000 | |||||||||||||||||||||||||||||||||||||
series a convertible preferred stock, 0.01 par value—25 shares authorized; 0.5 and 0.0 issued and outstanding as of september 26, 2020 and december 28, 2019 | 496,000,000 | ||||||||||||||||||||||||||||||||||||||
series a convertible preferred stock, 0.01 par value—25 shares authorized; 0.5 and 0.0 issued and outstanding as of june 27, 2020 and december 28, 2019 | 491,000,000 | ||||||||||||||||||||||||||||||||||||||
vendor receivables, less allowances of 4 and 3 | 143,000,000 | ||||||||||||||||||||||||||||||||||||||
liabilities and equity | |||||||||||||||||||||||||||||||||||||||
vendor receivables, less allowances of 5 and 3 | 199,000,000 | ||||||||||||||||||||||||||||||||||||||
assets of discontinued operations | 142,000,000 | ||||||||||||||||||||||||||||||||||||||
liabilities of discontinued operations | 27,000,000 | ||||||||||||||||||||||||||||||||||||||
vendor receivables, less allowances of 3 and 3 | 170,000,000 | 170,000,000 | |||||||||||||||||||||||||||||||||||||
vendor receivables, less allowances of 3 | 106,000,000 | ||||||||||||||||||||||||||||||||||||||
total liabilities and equity | 9,186,000,000 | 9,037,158,000 | 8,944,450,000 | 9,108,291,000 | 8,995,635,000 | ||||||||||||||||||||||||||||||||||
vendor receivables, less allowances of 3,068 and 2,934 | 159,882,000 | ||||||||||||||||||||||||||||||||||||||
bank checks outstanding | 173,566,000 | 147,220,000 | 175,032,000 | 153,565,000 | 174,027,000 | 161,781,000 | 172,318,000 | 142,712,000 | 176,011,000 | 176,824,000 | |||||||||||||||||||||||||||||
vendor receivables, less allowances of 2,851 and 2,934 | 141,359,000 | ||||||||||||||||||||||||||||||||||||||
vendor receivables, less allowances of 3,490 and 2,934 | 154,490,000 | ||||||||||||||||||||||||||||||||||||||
vendor receivables, less allowances of 2,934 and 1,819 | 97,198,000 | ||||||||||||||||||||||||||||||||||||||
accumulated earnings | 123,514,000 | 51,365,000 | |||||||||||||||||||||||||||||||||||||
vendor receivables, less allowances of 4,036 and 1,819 | 168,710,000 | ||||||||||||||||||||||||||||||||||||||
vendor receivables, less allowances of 2,907 and 1,819 | 156,596,000 | ||||||||||||||||||||||||||||||||||||||
accumulated deficit | -44,186,000 | -109,644,000 | -136,460,000 | -213,324,000 | -346,335,000 | ||||||||||||||||||||||||||||||||||
vendor receivables, less allowances of 2,970 and 1,819 | 153,171,000 | ||||||||||||||||||||||||||||||||||||||
vendor receivables, less allowances of 1,819 and 1,566 | 105,542,000 | ||||||||||||||||||||||||||||||||||||||
redeemable common stock | |||||||||||||||||||||||||||||||||||||||
vendor receivables, less allowances of 2,156 and 1,566 | 154,308,000 | ||||||||||||||||||||||||||||||||||||||
inventories | 1,218,765,000 | 1,182,495,000 | |||||||||||||||||||||||||||||||||||||
property and equipment — net | 1,735,495,000 | 1,754,684,000 | |||||||||||||||||||||||||||||||||||||
other intangibles — net | 410,036,000 | 450,125,000 | |||||||||||||||||||||||||||||||||||||
vendor receivables, less allowances of 2,298 and 1,566 | 154,109,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-12-27 | 2025-09-27 | 2025-06-28 | 2025-03-29 | 2024-12-28 | 2024-09-28 | 2024-06-29 | 2024-03-30 | 2023-12-30 | 2023-09-30 | 2023-07-01 | 2023-04-01 | 2022-12-31 | 2022-10-01 | 2022-07-02 | 2022-04-02 | 2022-01-01 | 2021-10-02 | 2021-07-03 | 2021-04-03 | 2021-01-02 | 2020-09-26 | 2020-06-27 | 2020-03-28 | 2019-12-28 | 2019-09-28 | 2019-06-29 | 2019-03-30 | 2018-09-29 | 2018-06-30 | 2018-03-31 | 2017-09-30 | 2017-07-01 | 2017-04-01 | 2016-10-01 | 2016-07-02 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | ||||||||||||||||||||||||||||||||||||
net income | 184,000,000 | 153,000,000 | 224,000,000 | 115,000,000 | 66,000,000 | 148,000,000 | 198,000,000 | 82,000,000 | 147,000,000 | 95,000,000 | 182,000,000 | 82,000,000 | 93,000,000 | 109,000,000 | 69,000,000 | 64,000,000 | -10,000,000 | 8,000,000 | -92,000,000 | -132,000,000 | 92,000,000 | 106,000,000 | 116,000,000 | 71,000,000 | 307,136,000 | 192,850,000 | 67,317,000 | 187,825,000 | 92,274,000 | 26,816,000 | 132,930,000 | -81,000 | ||||
adjustments to reconcile net income to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||
depreciation and amortization | 117,000,000 | 118,000,000 | 115,000,000 | 112,000,000 | 111,000,000 | 114,000,000 | 108,000,000 | 105,000,000 | 105,000,000 | 97,000,000 | 95,000,000 | 98,000,000 | 99,000,000 | 92,000,000 | 92,000,000 | 89,000,000 | 92,000,000 | 91,000,000 | 94,000,000 | 101,000,000 | 106,000,000 | 109,000,000 | 106,000,000 | 101,000,000 | 102,000,000 | 87,000,000 | 92,000,000 | 81,000,000 | 250,449,000 | 165,420,000 | 81,403,000 | 294,685,000 | 213,792,000 | 107,758,000 | 313,985,000 | 207,947,000 |
intangible asset impairment charges | 0 | |||||||||||||||||||||||||||||||||||
loss on extinguishment of debt | 0 | 0 | 0 | 0 | 23,000,000 | 53,632,000 | 42,149,000 | |||||||||||||||||||||||||||||
loss on pension settlement | ||||||||||||||||||||||||||||||||||||
deferred tax provision | 40,000,000 | 31,000,000 | 7,000,000 | 8,000,000 | 23,000,000 | -22,000,000 | -16,000,000 | 5,000,000 | 4,000,000 | 4,000,000 | -4,000,000 | 5,000,000 | 18,000,000 | -8,000,000 | 3,000,000 | 4,000,000 | 19,000,000 | 13,000,000 | 14,000,000 | 0 | 14,000,000 | -4,000,000 | -3,000,000 | 49,560,000 | 38,356,000 | 26,922,000 | 31,581,000 | 18,075,000 | 12,280,000 | -82,292,000 | 234,000 | |||||
share-based compensation expense | 19,000,000 | 19,000,000 | 23,000,000 | 22,000,000 | 17,000,000 | 16,000,000 | 15,000,000 | 15,000,000 | 13,000,000 | 15,000,000 | 14,000,000 | 14,000,000 | 11,000,000 | 13,000,000 | 9,000,000 | 12,000,000 | 12,000,000 | 13,000,000 | 13,000,000 | 10,000,000 | 11,000,000 | 10,000,000 | 12,000,000 | 7,000,000 | 10,000,000 | 7,000,000 | 9,000,000 | 6,000,000 | 20,457,000 | 17,324,000 | 7,066,000 | 15,060,000 | 8,553,000 | 3,342,000 | 14,429,000 | 9,667,000 |
provision for doubtful accounts | 8,000,000 | 10,000,000 | 8,000,000 | 9,000,000 | 8,000,000 | 6,000,000 | 8,000,000 | 7,000,000 | 4,000,000 | 4,000,000 | 6,000,000 | 10,000,000 | 3,000,000 | -6,000,000 | -5,000,000 | -1,000,000 | -12,000,000 | -17,000,000 | -26,000,000 | -74,000,000 | 180,000,000 | 7,000,000 | 4,000,000 | 4,000,000 | 6,000,000 | 13,210,000 | 9,078,000 | 2,997,000 | 12,901,000 | 8,975,000 | 4,745,000 | 7,334,000 | 5,991,000 | |||
other non-cash activities | -9,000,000 | 17,000,000 | -2,000,000 | 3,000,000 | ||||||||||||||||||||||||||||||||
changes in operating assets and liabilities, net of business acquisitions: | ||||||||||||||||||||||||||||||||||||
increase in receivables | 234,000,000 | -99,000,000 | -56,000,000 | -174,000,000 | 142,000,000 | -101,000,000 | -8,000,000 | -173,000,000 | 134,000,000 | -92,000,000 | -2,000,000 | -197,000,000 | -72,000,000 | -120,000,000 | -243,000,000 | 143,000,000 | -44,000,000 | 13,000,000 | -131,000,000 | -174,144,000 | -98,191,000 | -134,803,000 | -242,229,000 | -188,565,000 | -192,731,000 | -149,789,000 | -77,336,000 | |||||||||
decrease in inventories | -55,000,000 | 120,000,000 | -10,000,000 | -25,000,000 | -420,000 | 750,000 | 4,179,000 | 35,714,000 | ||||||||||||||||||||||||||||
decrease in prepaid expenses and other assets | -25,000,000 | 9,000,000 | -14,000,000 | 39,000,000 | 14,000,000 | -1,000,000 | -53,000,000 | 2,000,000 | -26,000,000 | -5,000,000 | -60,000,000 | 42,000,000 | -5,000,000 | 13,000,000 | -18,151,000 | -20,660,000 | 5,495,000 | 6,303,000 | ||||||||||||||||||
increase in accounts payable and cash overdraft liability | -264,000,000 | 139,000,000 | 78,000,000 | 190,000,000 | -146,000,000 | 39,000,000 | 56,000,000 | 221,000,000 | -234,000,000 | 125,000,000 | -12,000,000 | 321,000,000 | -381,000,000 | 124,000,000 | -13,000,000 | 463,000,000 | -309,000,000 | 59,000,000 | 166,000,000 | 555,000,000 | -358,000,000 | -356,000,000 | 590,000,000 | -215,000,000 | -216,000,000 | -4,000,000 | -19,000,000 | 183,000,000 | ||||||||
increase in accrued expenses and other liabilities | -14,000,000 | -49,000,000 | 66,000,000 | 60,000,000 | 7,000,000 | -53,000,000 | -13,000,000 | 49,000,000 | -7,000,000 | 15,000,000 | -1,000,000 | 12,000,000 | 41,000,000 | 42,000,000 | -87,893,000 | -102,155,000 | ||||||||||||||||||||
net cash from operating activities | 293,000,000 | 351,000,000 | 334,000,000 | 391,000,000 | 283,000,000 | 270,000,000 | 482,000,000 | 139,000,000 | 205,000,000 | 282,000,000 | 374,000,000 | 279,000,000 | 152,000,000 | 354,000,000 | 101,000,000 | 158,000,000 | -101,000,000 | 270,000,000 | 74,000,000 | 176,000,000 | -120,000,000 | -237,000,000 | 832,000,000 | -62,000,000 | 201,000,000 | 165,000,000 | 240,000,000 | 154,000,000 | 444,020,000 | 310,654,000 | 191,582,000 | 506,383,000 | 368,446,000 | 121,559,000 | 439,682,000 | 301,413,000 |
capital expenditures | -134,000,000 | -115,000,000 | -77,000,000 | -84,000,000 | -105,000,000 | -80,000,000 | -69,000,000 | -87,000,000 | -142,000,000 | -59,000,000 | -47,000,000 | -61,000,000 | -64,000,000 | -58,000,000 | -71,000,000 | -72,000,000 | -101,000,000 | -66,000,000 | -61,000,000 | -46,000,000 | -35,000,000 | -23,000,000 | -52,000,000 | -79,000,000 | -101,000,000 | -47,000,000 | -49,000,000 | -61,000,000 | -167,731,000 | -117,396,000 | -57,179,000 | -162,995,000 | -107,967,000 | -70,125,000 | -105,093,000 | -66,743,000 |
free cash flows | 159,000,000 | 236,000,000 | 257,000,000 | 307,000,000 | 178,000,000 | 190,000,000 | 413,000,000 | 52,000,000 | 63,000,000 | 223,000,000 | 327,000,000 | 218,000,000 | 88,000,000 | 296,000,000 | 30,000,000 | 86,000,000 | -202,000,000 | 204,000,000 | 13,000,000 | 130,000,000 | -155,000,000 | -260,000,000 | 780,000,000 | -141,000,000 | 100,000,000 | 118,000,000 | 191,000,000 | 93,000,000 | 276,289,000 | 193,258,000 | 134,403,000 | 343,388,000 | 260,479,000 | 51,434,000 | 334,589,000 | 234,670,000 |
cash flows from investing activities: | ||||||||||||||||||||||||||||||||||||
acquisition of businesses—net of cash received | 0 | 0 | ||||||||||||||||||||||||||||||||||
proceeds from business divestiture | ||||||||||||||||||||||||||||||||||||
proceeds from sales of property and equipment | 0 | 1,000,000 | 4,000,000 | 1,000,000 | 0 | 1,000,000 | 1,000,000 | 1,000,000 | 2,000,000 | 6,000,000 | 1,000,000 | 1,000,000 | 6,000,000 | 1,000,000 | 1,000,000 | 2,000,000 | 5,000,000 | 1,000,000 | 11,000,000 | 32,000,000 | 0 | 1,000,000 | 2,927,000 | 2,124,000 | 762,000 | 2,371,000 | 1,679,000 | 724,000 | 10,888,000 | 8,665,000 | ||||||
purchases of property and equipment | -134,000,000 | -115,000,000 | -77,000,000 | -84,000,000 | -105,000,000 | -80,000,000 | -69,000,000 | -87,000,000 | -142,000,000 | -59,000,000 | -47,000,000 | -61,000,000 | -64,000,000 | -58,000,000 | -71,000,000 | -72,000,000 | -101,000,000 | -66,000,000 | -61,000,000 | -46,000,000 | -35,000,000 | -23,000,000 | -52,000,000 | -79,000,000 | -101,000,000 | -47,000,000 | -49,000,000 | -61,000,000 | -167,731,000 | -117,396,000 | -57,179,000 | -162,995,000 | -107,967,000 | -70,125,000 | -105,093,000 | -66,743,000 |
net cash from investing activities | -178,000,000 | -114,000,000 | -75,000,000 | -130,000,000 | -105,000,000 | -79,000,000 | -282,000,000 | -86,000,000 | -194,000,000 | -195,000,000 | -46,000,000 | -60,000,000 | -58,000,000 | -57,000,000 | -70,000,000 | -70,000,000 | -96,000,000 | -65,000,000 | -55,000,000 | -46,000,000 | -23,000,000 | 9,000,000 | -1,022,000,000 | -74,000,000 | -10,000,000 | -1,875,000,000 | -41,000,000 | -61,000,000 | -165,103,000 | -115,571,000 | -57,174,000 | -321,308,000 | -218,957,000 | -131,902,000 | -681,425,000 | -160,674,000 |
cash flows from financing activities: | ||||||||||||||||||||||||||||||||||||
repurchase of senior note debt | 0 | |||||||||||||||||||||||||||||||||||
issuance of new senior note debt | 0 | |||||||||||||||||||||||||||||||||||
principal payments on debt refinancing | ||||||||||||||||||||||||||||||||||||
proceeds from term loan issuance | ||||||||||||||||||||||||||||||||||||
principal payments on debt repricing | 0 | 0 | 0 | -14,000,000 | 0 | |||||||||||||||||||||||||||||||
proceeds from debt repricing | 0 | 0 | 0 | 14,000,000 | 0 | |||||||||||||||||||||||||||||||
proceeds from debt borrowings | 2,777,000,000 | 2,946,000,000 | 2,332,000,000 | 1,737,000,000 | 2,442,000,000 | 951,000,000 | 1,077,000,000 | 426,000,000 | 201,000,000 | 0 | 242,000,000 | 13,000,000 | 176,000,000 | -1,000,000 | 929,000,000 | 103,000,000 | 1,405,000,000 | 0 | 0 | 900,000,000 | 0 | 0 | 1,700,000,000 | 1,945,000,000 | 1,114,000,000 | 3,078,000,000 | 1,002,000,000 | 1,004,000,000 | 2,987,107,000 | 2,151,107,000 | 863,503,000 | 1,711,068,000 | 1,117,267,000 | 578,459,000 | ||
principal payments on debt and financing leases | -2,536,000,000 | -2,862,000,000 | -2,396,000,000 | -1,907,000,000 | -2,326,000,000 | -902,000,000 | -1,111,000,000 | -457,000,000 | -231,000,000 | -89,000,000 | -335,000,000 | -111,000,000 | -405,000,000 | -128,000,000 | -956,000,000 | -131,000,000 | -1,814,000,000 | -130,000,000 | -235,000,000 | -926,000,000 | -52,000,000 | -434,000,000 | -1,379,000,000 | -827,000,000 | -1,313,000,000 | -1,336,000,000 | -1,199,000,000 | -1,119,000,000 | ||||||||
dividends paid on series a convertible preferred stock | 0 | 0 | 0 | -7,000,000 | -10,000,000 | -9,000,000 | -9,000,000 | -9,000,000 | -10,000,000 | -9,000,000 | ||||||||||||||||||||||||||
debt financing costs and fees | -12,000,000 | 0 | 0 | -1,000,000 | -1,000,000 | -12,000,000 | 0 | 0 | -18,000,000 | 0 | ||||||||||||||||||||||||||
repurchase of common stock | -324,000,000 | -332,000,000 | -247,000,000 | -23,000,000 | -320,000,000 | -574,000,000 | -41,000,000 | -13,000,000 | -65,000,000 | -29,000,000 | -166,000,000 | -34,000,000 | ||||||||||||||||||||||||
unsettled accelerated share repurchases | ||||||||||||||||||||||||||||||||||||
proceeds from employee stock purchase plan | 6,000,000 | 6,000,000 | 10,000,000 | 6,000,000 | 9,000,000 | 5,000,000 | 9,000,000 | 5,000,000 | 5,000,000 | 6,000,000 | 8,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 7,000,000 | 5,000,000 | 4,000,000 | 6,000,000 | 5,000,000 | 5,000,000 | 3,000,000 | 4,000,000 | 5,000,000 | 6,000,000 | 4,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | ||||||||
proceeds from exercise of stock options | 0 | 1,000,000 | 4,000,000 | 1,000,000 | 1,000,000 | 5,000,000 | 4,000,000 | 5,000,000 | 3,000,000 | 1,000,000 | 15,000,000 | 7,000,000 | 3,000,000 | 5,000,000 | 5,000,000 | 2,000,000 | 2,000,000 | 1,000,000 | 8,000,000 | 4,000,000 | 1,000,000 | 1,000,000 | 0 | 1,000,000 | 6,000,000 | 2,000,000 | 5,000,000 | 6,000,000 | 18,328,000 | 15,605,000 | 7,454,000 | 14,904,000 | 10,944,000 | 7,018,000 | ||
purchase of interest rate caps | 0 | 0 | 0 | 0 | ||||||||||||||||||||||||||||||||
tax withholding payments for net share-settled equity awards | -3,000,000 | -1,000,000 | -1,000,000 | -33,000,000 | -1,000,000 | 0 | 0 | -20,000,000 | 0 | -1,000,000 | 0 | -11,000,000 | 0 | 0 | 0 | -16,000,000 | -1,000,000 | 0 | -1,000,000 | -12,000,000 | 0 | 0 | -3,000,000 | -2,000,000 | 0 | 0 | -3,000,000 | -2,000,000 | -5,752,000 | -5,646,000 | -269,000 | -27,812,000 | -25,693,000 | |||
net cash from financing activities | -130,000,000 | -242,000,000 | -299,000,000 | -219,000,000 | -199,000,000 | -515,000,000 | -62,000,000 | -55,000,000 | -88,000,000 | -120,000,000 | -241,000,000 | -138,000,000 | -249,000,000 | -128,000,000 | -24,000,000 | -46,000,000 | -426,000,000 | -132,000,000 | -232,000,000 | -47,000,000 | -48,000,000 | -429,000,000 | 781,000,000 | 1,123,000,000 | -191,000,000 | 1,711,000,000 | -194,000,000 | -106,000,000 | -309,679,000 | -213,718,000 | -167,952,000 | -168,803,000 | -130,607,000 | 31,070,000 | -126,083,000 | -543,135,000 |
net increase in cash, cash equivalents and restricted cash | -40,000,000 | 42,000,000 | -21,000,000 | -623,000,000 | 73,000,000 | -213,000,000 | 83,000,000 | -191,000,000 | -657,000,000 | 591,000,000 | 987,000,000 | |||||||||||||||||||||||||
cash, cash equivalents and restricted cash—beginning of year | ||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash—end of year | ||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities: | ||||||||||||||||||||||||||||||||||||
increase in inventories | -92,755,000 | -55,921,000 | -98,876,000 | -62,606,000 | ||||||||||||||||||||||||||||||||
proceeds from divestitures | 0 | 0 | 38,000,000 | |||||||||||||||||||||||||||||||||
cash paid for acquisitions | 0 | -2,000,000 | -85,000,000 | |||||||||||||||||||||||||||||||||
net decrease in cash, cash equivalents and restricted cash | 0 | 1,000,000 | 5,000,000 | -13,000,000 | ||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash—beginning of period | 0 | 0 | 59,000,000 | 0 | 0 | 269,000,000 | 0 | 0 | 211,000,000 | 0 | 0 | 148,000,000 | 0 | 0 | 829,000,000 | 0 | 0 | 98,000,000 | 0 | 0 | 105,000,000 | 119,184,000 | 119,184,000 | 119,184,000 | ||||||||||||
cash, cash equivalents and restricted cash—end of period | -5,000,000 | -40,000,000 | 101,000,000 | -324,000,000 | 138,000,000 | 267,000,000 | -33,000,000 | 87,000,000 | 292,000,000 | 169,000,000 | 7,000,000 | 190,000,000 | 73,000,000 | -213,000,000 | 912,000,000 | -657,000,000 | 591,000,000 | 1,085,000,000 | 1,000,000 | 5,000,000 | 92,000,000 | 88,422,000 | 100,549,000 | 85,640,000 | ||||||||||||
supplemental disclosures of cash flow information: | ||||||||||||||||||||||||||||||||||||
interest paid—net of amounts capitalized | 91,000,000 | 57,000,000 | 92,000,000 | 51,000,000 | 86,000,000 | 54,000,000 | 93,000,000 | 55,000,000 | 92,000,000 | 86,000,000 | 61,000,000 | 81,000,000 | 57,000,000 | 68,000,000 | 37,000,000 | 51,000,000 | 46,000,000 | 55,000,000 | 33,000,000 | 94,000,000 | 33,000,000 | 48,000,000 | 41,000,000 | 61,000,000 | 22,000,000 | |||||||||||
income taxes paid—net | 6,000,000 | 76,000,000 | 4,000,000 | 42,000,000 | 82,000,000 | 52,000,000 | 5,000,000 | 35,000,000 | 59,000,000 | 64,000,000 | 3,000,000 | 23,000,000 | 32,000,000 | 12,000,000 | 1,000,000 | -4,000,000 | 1,000,000 | 0 | 2,000,000 | 21,000,000 | 43,000,000 | 72,000,000 | 1,000,000 | 65,464,000 | 41,530,000 | 4,885,000 | 2,862,000 | |||||||||
property and equipment purchases included in accounts payable | 17,000,000 | 4,000,000 | 41,000,000 | 24,000,000 | -6,000,000 | 9,000,000 | 20,000,000 | 14,000,000 | 1,000,000 | 7,000,000 | 17,000,000 | 11,000,000 | -1,000,000 | -3,000,000 | 29,000,000 | 8,000,000 | 5,000,000 | 4,000,000 | 23,000,000 | 10,000,000 | -3,000,000 | -24,000,000 | 38,000,000 | 28,000,000 | 2,000,000 | 2,000,000 | 17,000,000 | 15,533,000 | 13,375,000 | 21,809,000 | 18,656,000 | 17,405,000 | 15,915,000 | 12,695,000 | ||
leased assets obtained in exchange for financing lease liabilities | 37,000,000 | 90,000,000 | 45,000,000 | 19,000,000 | 32,000,000 | 38,000,000 | 56,000,000 | 17,000,000 | 27,000,000 | 34,000,000 | 47,000,000 | 109,000,000 | 41,000,000 | 50,000,000 | 7,000,000 | 32,000,000 | 10,000,000 | 7,000,000 | 7,000,000 | 10,000,000 | 3,000,000 | 1,000,000 | 59,000,000 | 9,000,000 | 20,000,000 | 19,000,000 | 38,000,000 | |||||||||
leased assets obtained in exchange for operating lease liabilities | 20,000,000 | 20,000,000 | 48,000,000 | 3,000,000 | 13,000,000 | 12,000,000 | 7,000,000 | 40,000,000 | 5,000,000 | 13,000,000 | 9,000,000 | 6,000,000 | 29,000,000 | -1,000,000 | 7,000,000 | 8,000,000 | 4,000,000 | 12,000,000 | 8,000,000 | 27,000,000 | 8,000,000 | 11,000,000 | 2,000,000 | 28,000,000 | 9,000,000 | 0 | 2,000,000 | |||||||||
decrease in accrued expenses and other liabilities | -3,000,000 | -1,000,000 | 67,000,000 | -105,000,000 | -3,000,000 | 57,000,000 | 60,000,000 | -126,000,000 | 5,000,000 | 25,000,000 | -59,000,000 | -169,967,000 | -173,498,000 | -131,559,000 | -1,268,000 | -46,807,000 | -88,665,000 | |||||||||||||||||||
increase in prepaid expenses and other assets | -13,000,000 | 32,000,000 | -37,000,000 | 1,000,000 | -25,000,000 | -26,000,000 | -8,000,000 | -28,291,000 | -18,663,000 | -11,847,000 | -25,652,000 | |||||||||||||||||||||||||
cashless exercise of stock options | 0 | 0 | 1,000,000 | 4,000,000 | 1,000,000 | 0 | 0 | 1,000,000 | 0 | 0 | 0 | 1,000,000 | 0 | 0 | 0 | 0 | 0 | 1,000,000 | ||||||||||||||||||
gain on disposal of property and equipment—net | 0 | -3,000,000 | -1,000,000 | -1,000,000 | 0 | -1,000,000 | -1,000,000 | 0 | -1,298,000 | -891,000 | -82,000 | -120,000 | ||||||||||||||||||||||||
tangible asset impairment charges | 100,000 | |||||||||||||||||||||||||||||||||||
amortization of deferred financing costs | 1,000,000 | 3,000,000 | 2,000,000 | 3,000,000 | 3,000,000 | 4,000,000 | 3,000,000 | 7,000,000 | 2,000,000 | 4,000,000 | 3,000,000 | 3,000,000 | 5,000,000 | 3,000,000 | 4,000,000 | 3,000,000 | 4,000,000 | 3,000,000 | 7,000,000 | 2,000,000 | 4,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,030,000 | 6,175,000 | 4,866,000 | |||||||||
conversion of series a convertible preferred stock | 0 | 0 | ||||||||||||||||||||||||||||||||||
cash and cash equivalents presentation: | ||||||||||||||||||||||||||||||||||||
cash and cash equivalents | ||||||||||||||||||||||||||||||||||||
assets held for sale | ||||||||||||||||||||||||||||||||||||
total cash and cash equivalents | ||||||||||||||||||||||||||||||||||||
gain on disposal of property and equipment | -221,000 | -310,000 | ||||||||||||||||||||||||||||||||||
net increase in cash, and cash equivalents and restricted cash | 138,000,000 | -2,000,000 | -33,000,000 | 87,000,000 | 81,000,000 | 169,000,000 | 7,000,000 | 42,000,000 | ||||||||||||||||||||||||||||
increase in inventories—net | -20,000,000 | -9,000,000 | -140,000,000 | |||||||||||||||||||||||||||||||||
acquisition of businesses - net of cash received | ||||||||||||||||||||||||||||||||||||
proceeds from sales of divested assets | 0 | 0 | 5,000,000 | |||||||||||||||||||||||||||||||||
property and equipment transferred to assets held for sale | 0 | 2,000,000 | 0 | 9,000,000 | ||||||||||||||||||||||||||||||||
paid-in-kind series a convertible preferred stock dividends | 0 | 0 | 0 | 15,000,000 | 23,000,000 | |||||||||||||||||||||||||||||||
decrease in inventories—net | -40,000,000 | -6,000,000 | -108,000,000 | -178,000,000 | 19,000,000 | 136,000,000 | 6,000,000 | -5,000,000 | 7,000,000 | |||||||||||||||||||||||||||
acquisition of broadline operations | ||||||||||||||||||||||||||||||||||||
(increase) in prepaid expenses and other assets | ||||||||||||||||||||||||||||||||||||
excise tax on common stock repurchases | ||||||||||||||||||||||||||||||||||||
decrease in receivables | 144,000,000 | -14,000,000 | -201,000,000 | -315,000,000 | 152,000,000 | -75,000,000 | 100,000,000 | 157,000,000 | ||||||||||||||||||||||||||||
acquisition of businesses—net of cash | 1,000,000 | 0 | -299,000 | -299,000 | -757,000 | -182,823,000 | -134,808,000 | -62,501,000 | -94,938,000 | -94,938,000 | ||||||||||||||||||||||||||
net proceeds from issuance of series a convertible preferred stock | 0 | 0 | ||||||||||||||||||||||||||||||||||
benefit for doubtful accounts | ||||||||||||||||||||||||||||||||||||
increase inventories—net | ||||||||||||||||||||||||||||||||||||
net loss | -7,000,000 | -24,000,000 | ||||||||||||||||||||||||||||||||||
adjustments to reconcile net loss to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||
loss on disposal of property and equipment—net | 0 | 1,000,000 | ||||||||||||||||||||||||||||||||||
deferred tax benefit | -4,000,000 | -27,000,000 | -17,000,000 | |||||||||||||||||||||||||||||||||
proceeds from sales of assets | 0 | |||||||||||||||||||||||||||||||||||
payment for debt financing costs and fees | -2,000,000 | -38,000,000 | -816,000 | -823,000 | -1,256,000 | -426,000 | -426,000 | -25,941,000 | -25,629,000 | |||||||||||||||||||||||||||
contingent consideration paid for business acquisitions | -1,592,000 | -1,560,000 | -500,000 | |||||||||||||||||||||||||||||||||
income from discontinued operations, net of tax | ||||||||||||||||||||||||||||||||||||
asset impairment charges | 125,000 | 125,000 | ||||||||||||||||||||||||||||||||||
net cash from operating activities of continuing operations | ||||||||||||||||||||||||||||||||||||
net cash from operating activities of discontinued operations | ||||||||||||||||||||||||||||||||||||
proceeds from redemption of industrial revenue bonds | 22,139,000 | 22,139,000 | ||||||||||||||||||||||||||||||||||
repayment of industrial revenue bonds | -22,139,000 | -22,139,000 | ||||||||||||||||||||||||||||||||||
common stock repurchased | -7,708,000 | -7,417,000 | ||||||||||||||||||||||||||||||||||
common stock and share-based awards settled | -211,000 | -133,000 | -84,000 | -538,000 | -497,000 | -302,000 | ||||||||||||||||||||||||||||||
contingent consideration payable for acquisition of businesses | ||||||||||||||||||||||||||||||||||||
acquisition of business—net of cash | ||||||||||||||||||||||||||||||||||||
interest (net of amounts capitalized) paid | 36,000,000 | |||||||||||||||||||||||||||||||||||
amortization of senior notes original issue premium | ||||||||||||||||||||||||||||||||||||
insurance proceeds related to operating activities | 10,499,000 | 7,083,000 | ||||||||||||||||||||||||||||||||||
insurance benefit in net income | -10,499,000 | -7,083,000 | ||||||||||||||||||||||||||||||||||
investments in marketable securities and other | ||||||||||||||||||||||||||||||||||||
proceeds from debt refinancing | ||||||||||||||||||||||||||||||||||||
principal payments on debt and capital leases | -3,321,661,000 | -2,382,384,000 | -1,041,875,000 | -1,848,732,000 | -1,212,792,000 | -548,041,000 | -3,315,621,000 | -3,208,276,000 | ||||||||||||||||||||||||||||
redemption of old senior notes | -1,376,927,000 | -1,376,927,000 | ||||||||||||||||||||||||||||||||||
net proceeds from initial public offering | 1,113,799,000 | 1,113,799,000 | ||||||||||||||||||||||||||||||||||
cash distribution to shareholders | -666,332,000 | -666,332,000 | ||||||||||||||||||||||||||||||||||
proceeds from employee share purchase plan | 14,918,000 | 10,116,000 | 3,819,000 | 12,077,000 | 7,729,000 | 3,328,000 | ||||||||||||||||||||||||||||||
proceeds from common stock sales | 2,850,000 | 2,850,000 | ||||||||||||||||||||||||||||||||||
cash paid during the year for: | ||||||||||||||||||||||||||||||||||||
interest | 118,181,000 | 87,701,000 | 32,852,000 | 106,132,000 | 79,135,000 | 29,590,000 | 137,828,000 | |||||||||||||||||||||||||||||
non-cash investing and financing activities | ||||||||||||||||||||||||||||||||||||
capital lease additions | 81,553,000 | 68,163,000 | 50,257,000 | 76,554,000 | 60,730,000 | 40,840,000 | 63,984,000 | |||||||||||||||||||||||||||||
cashless exercise of equity awards | 1,466,000 | 1,221,000 | 377,000 | 29,195,000 | 25,535,000 | 7,149,000 | ||||||||||||||||||||||||||||||
marketable securities transferred in connection with the legal defeasance of the cmbs fixed loan facility | ||||||||||||||||||||||||||||||||||||
cmbs fixed loan facility defeasance | ||||||||||||||||||||||||||||||||||||
amortization and write-off of deferred financing costs | 5,617,000 | 4,710,000 | 3,433,000 | 2,358,000 | 1,282,000 | |||||||||||||||||||||||||||||||
increase in accounts payable and bank checks outstanding | 264,046,000 | 174,579,000 | 282,388,000 | 278,487,000 | 276,493,000 | 236,980,000 | 330,818,000 | 275,484,000 | ||||||||||||||||||||||||||||
redemption of industrial revenue bonds | ||||||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents | -30,762,000 | -18,635,000 | -33,544,000 | 16,272,000 | 18,882,000 | 20,727,000 | -367,826,000 | -402,396,000 | ||||||||||||||||||||||||||||
cash paid during the period for: | ||||||||||||||||||||||||||||||||||||
contingent consideration payable for business acquisitions | 4,200,000 | 4,200,000 | 6,375,000 | |||||||||||||||||||||||||||||||||
income taxes paid (refunded)—net | 902,000 | |||||||||||||||||||||||||||||||||||
benefit from doubtful accounts | ||||||||||||||||||||||||||||||||||||
decrease (increase) in inventories | ||||||||||||||||||||||||||||||||||||
investment in avero, llc | -7,658,000 | |||||||||||||||||||||||||||||||||||
investment in marketable securities | -484,624,000 | |||||||||||||||||||||||||||||||||||
insurance proceeds related to investing activities | ||||||||||||||||||||||||||||||||||||
purchase of industrial revenue bonds | ||||||||||||||||||||||||||||||||||||
cash and cash equivalents—beginning of year | ||||||||||||||||||||||||||||||||||||
cash and cash equivalents—end of year | ||||||||||||||||||||||||||||||||||||
restricted cash transferred to cash and cash equivalents | ||||||||||||||||||||||||||||||||||||
insurance proceeds relating to operating activities | ||||||||||||||||||||||||||||||||||||
proceeds from debt refinancings | 2,213,803,000 | 2,213,803,000 | ||||||||||||||||||||||||||||||||||
proceeds from initial public offering | ||||||||||||||||||||||||||||||||||||
contingent consideration paid for business acquisition | -6,375,000 | -5,000,000 | -5,000,000 | |||||||||||||||||||||||||||||||||
cash and cash equivalents—beginning of period | 131,090,000 | 131,090,000 | 131,090,000 | 517,802,000 | 517,802,000 | |||||||||||||||||||||||||||||||
cash and cash equivalents—end of period | 147,362,000 | 149,972,000 | 151,817,000 | 149,976,000 | 115,406,000 | |||||||||||||||||||||||||||||||
insurance benefit in net loss | ||||||||||||||||||||||||||||||||||||
tax withholding payments for net share settled equity awards | -3,966,000 | |||||||||||||||||||||||||||||||||||
income taxes (refunded) paid—net | -39,000 | |||||||||||||||||||||||||||||||||||
proceeds from other borrowings | ||||||||||||||||||||||||||||||||||||
gain on disposal of property and equipment - net | -4,727,000 | -7,511,000 | ||||||||||||||||||||||||||||||||||
amortization of old senior notes original issue premium | -1,664,000 | -1,664,000 | ||||||||||||||||||||||||||||||||||
proceeds from other debt borrowings | 1,935,994,000 | 1,410,994,000 | ||||||||||||||||||||||||||||||||||
investment in noncontrolling interest | -7,658,000 | |||||||||||||||||||||||||||||||||||
income taxes paid—net of refunds | 3,708,000 |