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Other intangible assets, net

1,413

Goodwill

944

914

388

422

Timber notes receivable

842

Deferred income taxes

183

284

Other assets

257

258

Total assets

7,311

6,166

Current liabilities:

Trade accounts payable

1,026

1,110

Accrued expenses and other current liabilities

1,219

978

Income taxes payable

Short-term borrowings and current maturities of long-term debt

106

Non-recourse debt, current maturities

735

Total current liabilities

3,094

2,185

Deferred income taxes and other long-term liabilities

176

300

Pension and postretirement obligations, net

111

Long-term debt, net of current maturities

575

690

Commitments and contingencies

^[1]

1,208

Non-recourse debt

754

Total liabilities

5,138

4,040

Stockholders’ equity:

Common stock — authorized 800,000,000 shares of $0.01 par value; issued shares — 620,424,775 at December 28, 2019 and 614,170,704 at December 29, 2018; outstanding shares — 535,182,317 at December 28, 2019 and 543,833,428 at December 29, 2018

Additional paid-in capital

2,647

2,677

Accumulated other comprehensive loss

(66)

(99)

Accumulated deficit

(89)

(173)

Treasury stock, at cost — 85,242,458 shares at December 28, 2019 and 70,337,276 shares at December 29, 2018

(325)

(285)

Total stockholders’ equity

2,173

2,126

Total liabilities and stockholders’ equity

$ 7,311

$ 6,166

[1]

Operating lease payments include $116 million related to options to extend lease terms that are reasonably certain of being exercised and exclude $8 million of legally binding lease payments for 3 additional operating leases signed but not yet commenced. These operating leases will commence in fiscal year 2020 with lease terms of 10 years.

Revenue Recognition - Additional Information (Detail)	3 Months Ended					12 Months Ended
Revenue Recognition - Additional Information (Detail)	Dec. 28, 2019 USD ($)	Sep. 28, 2019 USD ($)	Jun. 29, 2019 USD ($)	Mar. 30, 2019 USD ($)	Dec. 29, 2018 USD ($)	Dec. 28, 2019 USD ($) Segment	Dec. 29, 2018 USD ($)	Dec. 30, 2017 USD ($)
Revenue From Contract With Customer [Line Items]
Number of reportable segments \| Segment						3
Deferred liability related to loyalty programs	$ 52,000,000				$ 52,000,000	$ 52,000,000	$ 52,000,000
Recognition of contract assets as a result of business combination						0	0
Revenue recognition included in short-term contract liabilities						27,000,000	35,000,000
Recognition of contract liabilities as a result of business combination						0	0
Significant adjustment to revenue from performance obligations						0	0
Contract with customer, asset, reclassified to receivable						0	0
Capitalized acquisition cost	40,000,000				39,000,000	40,000,000	39,000,000
Capitalized contract cost, amortization						35,000,000	33,000,000
Impairment charges related to contract assets	6,000,000	$ 5,000,000	$ 16,000,000	$ 29,000,000	7,000,000	56,000,000	7,000,000	$ 4,000,000
Contract Assets
Revenue From Contract With Customer [Line Items]
Impairment charges related to contract assets						0	0
Accrued Expenses and Other Current Liabilities
Revenue From Contract With Customer [Line Items]
Deferred liability related to loyalty programs	$ 12,000,000				$ 12,000,000	$ 12,000,000	$ 12,000,000

Definite Lived Intangible Assets Included in Other Intangible Assets Net (Detail) - USD ($) $ in Millions	Dec. 28, 2019	Dec. 29, 2018
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 431	$ 438
Accumulated Amortization	(125)	(97)
Net Carrying Amount	306	341
Customer Relationships
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	412	408
Accumulated Amortization	(109)	(84)
Net Carrying Amount	303	324
Technology
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	19	19
Accumulated Amortization	(16)	(9)
Net Carrying Amount	$ 3	10
Favorable Leases
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount		11
Accumulated Amortization		(4)
Net Carrying Amount		$ 7

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) $ in Millions	Total	Common Stock	Additional Paid-in Capital	Accumulated Other Comprehensive Income (Loss)	Accumulated Deficit	Treasury Stock
Balance at Dec. 31, 2016	$ 1,852	$ 6	$ 2,618	$ (129)	$ (453)	$ (190)
Balance, Shares at Dec. 31, 2016		557,892,568
Net income	181				181
Other comprehensive income (loss)	51			51
Common stock issuance related to the CompuCom acquisition	135		135
Common stock issuance related to the CompuCom acquisition(in shares)		43,758,974
Exercise and release of incentive stock (including income tax benefits and withholding)	(17)		(17)
Exercise and release of incentive stock (including income tax benefits and withholding) (in shares)		8,702,452
Amortization of long-term incentive stock grants	29		29
Dividends paid on common stock	(53)		(53)
Adjustment for adoption of accounting standard			1		(1)
Noncontrolling interest redemption value adjustment	(2)		(2)
Repurchase of common stock	(56)					(56)
Balance at Dec. 30, 2017	2,120	$ 6	2,711	(78)	(273)	(246)
Balance, Shares at Dec. 30, 2017		610,353,994
Net income	104				104
Other comprehensive income (loss)	(21)			(21)
Exercise and release of incentive stock (including income tax benefits and withholding)	(3)		(3)
Exercise and release of incentive stock (including income tax benefits and withholding) (in shares)		4,064,910
Acquisition escrow shares returned	(1)		(1)
Acquisition escrow shares returned (in shares)		(248,200)
Amortization of long-term incentive stock grants	27		27
Dividends paid on common stock	(55)		(55)
Adjustment for adoption of accounting standard	(4)				(4)
Repurchase of common stock	(39)					(39)
Other	(2)		(2)
Balance at Dec. 29, 2018	2,126	$ 6	2,677	(99)	(173)	(285)
Balance, Shares at Dec. 29, 2018		614,170,704
Net income	99				99
Other comprehensive income (loss)	33			33
Exercise and release of incentive stock (including income tax benefits and withholding)	(8)		(8)
Exercise and release of incentive stock (including income tax benefits and withholding) (in shares)		6,254,071
Amortization of long-term incentive stock grants	33		33
Dividends paid on common stock	(55)		(55)
Adjustment for adoption of accounting standard	(15)				(15)
Repurchase of common stock	$ (40)					(40)
Repurchase of common stock (in shares)	(15,000,000)
Balance at Dec. 28, 2019	$ 2,173	$ 6	$ 2,647	$ (66)	$ (89)	$ (325)
Balance, Shares at Dec. 28, 2019		620,424,775

Schedule of Assets Held under Finance Leases (Detail) - USD ($) $ in Millions	Dec. 28, 2019	Dec. 29, 2018
Property, Plant and Equipment [Line Items]
Assets held under finance leases, Gross	$ 2,459	$ 2,428
Less accumulated depreciation	(1,780)	(1,665)
Total	679	763
Assets Held Under Finance Leases
Property, Plant and Equipment [Line Items]
Assets held under finance leases, Gross	172	142
Less accumulated depreciation	(120)	(108)
Total	52	34
Buildings
Property, Plant and Equipment [Line Items]
Assets held under finance leases, Gross	221	281
Buildings \| Assets Held Under Finance Leases
Property, Plant and Equipment [Line Items]
Assets held under finance leases, Gross	40	42
Furniture, fixtures and equipment
Property, Plant and Equipment [Line Items]
Assets held under finance leases, Gross	833	787
Furniture, fixtures and equipment \| Assets Held Under Finance Leases
Property, Plant and Equipment [Line Items]
Assets held under finance leases, Gross	$ 132	$ 100

Debt - Additional Information (Detail) - USD ($)				3 Months Ended	12 Months Ended
Debt - Additional Information (Detail) - USD ($)	Nov. 21, 2018	Nov. 08, 2017	May 25, 2011	Dec. 29, 2018	Dec. 28, 2019	Dec. 29, 2018
Debt Instrument [Line Items]
Loss on modification of debt				$ (15,000,000)		$ (15,000,000)
Line Of Credit Sub-Facility
Debt Instrument [Line Items]
Credit agreement, current borrowing capacity			$ 200,000,000
Letter Of Credit Sub Facility
Debt Instrument [Line Items]
Credit agreement, current borrowing capacity			400,000,000
Swing Line Loan Facility
Debt Instrument [Line Items]
Credit agreement, current borrowing capacity			125,000,000
Global Availability
Debt Instrument [Line Items]
Minimum availability level of borrowings to avoid cash settlement					$ 150,000,000
Amended Credit Agreement
Debt Instrument [Line Items]
Maximum borrowing capacity under revolving credit facility			1,200,000,000
Credit agreement, increased borrowing capacity			$ 250,000,000
Maturity date of debt			May 13, 2021
Minimum availability level of borrowings to avoid fixed charge coverage ratio test					125,000,000
Excess of debt default amount resulting termination of Facility					$ 25,000,000
Excess acquisition of ownership percentage resulting termination of Facility					40.00%
Available credit under the Facility					$ 920,000,000
Amount outstanding under credit facility					0
Amount outstanding under letters of credit					65,000,000
Average borrowings under the Facility					$ 0
Amended Credit Agreement \| Minimum
Debt Instrument [Line Items]
Aggregate liquidity maintenance covenant amount available under the facility		$ 400,000,000
Senior secured leverage ratio		150.00%			69.00%
Amended Credit Agreement \| Federal Funds Rate Plus
Debt Instrument [Line Items]
Long-term debt, basis spread on variable rate					0.50%
Amended Credit Agreement \| LIBOR
Debt Instrument [Line Items]
Long-term debt, basis spread on variable rate					1.00%
Term Loan Facility
Debt Instrument [Line Items]
Maturity date of debt		Nov. 08, 2022
Senior secured term loan		$ 750,000,000
Percentage of issue price of term loan credit Facility		97.00%
Debt issuance costs		$ 12,000,000
Voluntary repayment of credit agreement	$ 194,000,000
Loss on modification of debt	$ (15,000,000)
Prepayment fee percentage under the term loan Facility	1.00%
Quarterly amortization of loan principal amount under the Facility		$ 19,000,000
Beginning date of quarterly amortization of loan under the Facility		Mar. 15, 2018
Term Loan Facility \| LIBOR
Debt Instrument [Line Items]
Long-term debt, basis spread on variable rate		7.00%
Term Loan Facility \| Base Rate
Debt Instrument [Line Items]
Long-term debt, basis spread on variable rate		6.00%
Term Loan Facility \| First Amendment \| LIBOR
Debt Instrument [Line Items]
Long-term debt, basis spread on variable rate	5.25%	7.00%
Recourse Debt \| Revenue bonds, due in varying amounts periodically through 2029
Debt Instrument [Line Items]
Senior secured notes, due date					2029	2029
Recourse Debt \| American & Foreign Power Company, Inc. 5% debentures, due 2030
Debt Instrument [Line Items]
Senior secured notes, due date					2030	2030
Long-term debt, interest rate				5.00%	5.00%	5.00%

Merger and Restructuring Activity - Additional Information (Detail) $ in Millions		12 Months Ended			39 Months Ended
	May 08, 2019 USD ($) Store DistributionCenterandSalesOffice	Dec. 28, 2019 USD ($) Store DistributionCenterandSalesOffice	Dec. 29, 2018 USD ($)	Dec. 30, 2017 USD ($)	Dec. 28, 2019 USD ($) Store DistributionCenterandSalesOffice
Business Acquisition [Line Items]
Merger and transaction related expenses		$ 24	$ 56	$ 42
Costs to implement restructuring plan		90	20
Professional fees		$ 41	11	6
Business Acceleration Program
Business Acquisition [Line Items]
Number of retail stores planned to be closed \| Store	90
Number of other facilities planned to be closed \| DistributionCenterandSalesOffice	9
Number of other facilities closed \| DistributionCenterandSalesOffice		7			7
Costs to implement restructuring plan	$ 107	$ 82
Business Acceleration Program \| Cash Expenditures through 2021
Business Acquisition [Line Items]
Costs to implement restructuring plan	104
Business Acceleration Program \| Severance and Related Employee Costs
Business Acquisition [Line Items]
Costs to implement restructuring plan	40	40
Expected restructuring cost paid		69			$ 69
Business Acceleration Program \| Employee Recruitment and Relocation Costs
Business Acquisition [Line Items]
Costs to implement restructuring plan	2
Business Acceleration Program \| Retail Store and Facility Closure Costs
Business Acquisition [Line Items]
Costs to implement restructuring plan	7
Business Acceleration Program \| Third-Party Costs
Business Acquisition [Line Items]
Costs to implement restructuring plan	49
Business Acceleration Program \| Other Costs
Business Acquisition [Line Items]
Costs to implement restructuring plan	$ 9	42
Business Acceleration Program \| Third-Party Professional Fees
Business Acquisition [Line Items]
Costs to implement restructuring plan		39
Business Acceleration Program \| Retail Store and Facility Closure Costs and Other
Business Acquisition [Line Items]
Costs to implement restructuring plan		3
Comprehensive Business Review
Business Acquisition [Line Items]
Costs to implement restructuring plan		$ 8	5	50
Number of retail stores closed \| Store		54			208
Comprehensive Business Review \| Other Costs
Business Acquisition [Line Items]
Costs to implement restructuring plan		$ 6	6
Strategic Plan
Business Acquisition [Line Items]
Professional fees			$ 11	$ 2

INCOME TAXES

12 Months Ended

Dec. 28, 2019

Income Tax Disclosure [Abstract]

INCOME TAXES

NOTE 6. INCOME TAXES

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

(In millions)	2019		2018		2017
United States	$	116	$	138	$	295
Foreign		30		20		4
Total income from continuing operations before income taxes	$	146	$	158	$	299

The income tax expense related to income from continuing operations consisted of the following:

(In millions)	2019			2018		2017
Current:
Federal	$	(64	)	$	3	$	4
State		3			7		3
Foreign		8			9		9
Deferred:
Federal		84			27		152
State		11			13		(17	)
Foreign		5			—		2
Total income tax expense	$	47		$	59	$	153

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

(In millions)	2019			2018			2017
Federal tax computed at the statutory rate	$	30		$	33		$	105
State taxes, net of Federal benefit		6			10			12
Foreign income taxed at rates other than Federal		1			5			2
Increase (decrease) in valuation allowance		9			(3	)		(36	)
Non-deductible Merger expenses		—			—			3
Other non-deductible expenses and settlements		3			10			—
Tax basis differences in investment in subsidiaries		—			(4	)		—
Non-taxable income and additional deductible expenses		(4	)		(1	)		(4	)
Change in unrecognized tax benefits		2			1			—
Impact of Tax Reform		—			—			68
Impact of stock compensation shortfall		—			5			3
Repatriation of foreign earnings		—			—			3
Other items, net		—			3			(3	)
Income tax expense	$	47		$	59		$	153

The Company’s effective tax rate of 32% in 2019 differs from the statutory rate of 21% primarily due to the impact of state taxes and certain nondeductible items, the recognition of valuation allowances, and the Company’s mix of income and losses across U.S. and non-U.S. jurisdictions. The Company’s effective tax rate of 37% in 2018 reflected the same Federal marginal tax rate of 21% and the impact of the Company’s mix of income and losses across US and non-US jurisdictions. In addition, the 2018 rate was impacted by several discrete items including the impact of a potentially nondeductible legal settlement, the impact of excess tax deficiencies associated with stock-based compensation awards, state taxes, and certain other nondeductible items. The Company completed several acquisitions and dispositions, some of which resulted in the recognition of gain or loss for tax purposes, which differed from the amount recognized for GAAP purposes. The Company’s effective tax rate in 2017 varied considerably as a result of three primary factors: 1) the impact of the enactment of the Tax Cuts and Jobs Act; 2) the Company’s mix of income and losses across U.S. and non-U.S. jurisdictions; and 3) the reduction of previously established valuation allowances against deferred tax assets. As a result, The Company’s effective tax rates were 32% in 2019, 37% in 2018 and 51% in 2017.

As a result of the Tax Cuts and Jobs Act, the Alternative Minimum Tax (AMT) for corporations was repealed. In addition, any unused AMT Credits that remain unused for tax years after 2017 can be refunded up to 50% of the unused balance in any tax year. For the

2018 tax year, the Company received a cash refund of $44 million of its credits in the fourth quarter. For 2019, it is anticipated that $22 million will be available for refund. These amounts are reflected as a reduction of deferred tax assets.

It is expected that the Company will recognize a large deferred tax liability related to the maturity of the Timber Note Receivable. The entire deferred gain will be recognized resulting in significant taxable income in the first quarter of 2020. It is expected to be largely offset by available capital loss carryforwards, both Federal and state, state net operating losses, and any remaining Federal credits. As a result, the majority of the Company’s remaining AMT credits will be utilized at that time.

During 2019, the Company recognized certain tax assets that more likely than not will not be realized and, as a result, recorded a valuation allowance against those assets. During the third quarter of 2017, the Company concluded that it was more likely than not that a benefit from a significant portion of the Company’s U.S. Federal and state deferred tax assets would not be realized. This conclusion was based on detailed evaluations of all available positive and negative evidence and the weight of such evidence, the current financial position and results of operations for the current and preceding years, and the expectation of continued earnings. The Company determined that its U.S. Federal and state valuation allowance should be reduced by approximately $40 million in 2017 as an adjustment to the estimated annual effective tax rate.

The Company continues to have a U.S. valuation allowance for certain U.S. Federal credits and state tax attributes, which relate to deferred tax assets that require either certain types of income or for income to be earned in certain jurisdictions in order to be realized. The Company will continue to assess the realizability of its deferred tax assets in the U.S. and remaining foreign jurisdictions in future periods. Changes in pretax income projections could impact this evaluation in future periods.

The Company operates in several foreign jurisdictions with income tax rates that differ from the U.S. Federal statutory rate, which resulted in an expense for 2019 and 2018 presented in the effective tax rate reconciliation. Significant foreign tax jurisdictions for which the Company realized such expense are Canada and Puerto Rico after the sale of the other international operations.

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

	December 28,			December 29,
(In millions)	2019			2018
U.S. and foreign loss carryforwards	$	240		$	253
Deferred rent credit		—			35
Operating lease right-of-use assets		385			—
Pension and other accrued compensation		53			65
Accruals for facility closings		2			5
Inventory		9			11
Self-insurance accruals		19			21
Deferred revenue		16			17
U.S. and foreign income tax credit carryforwards		168			227
Allowance for bad debts		4			4
Accrued expenses		21			20
Basis difference in fixed assets		31			30
Gross deferred tax assets		948			688
Valuation allowance		(151	)		(142	)
Deferred tax assets		797			546
Internal software		10			11
Installment gain on sale of timberlands		168			172
Operating lease liabilities		356			—
Intangibles		96			96
Undistributed foreign earnings		4			4
Deferred tax liabilities		634			283
Net deferred tax assets	$	163		$	263

As of December 28, 2019, and December 29, 2018, deferred income tax liabilities amounting to $20 million in both periods are included in deferred income taxes and other long-term liabilities.

As of December 28, 2019, the Company has utilized all of its U.S. Federal net operating loss (“NOL”) carryforwards with the exception of the NOLs acquired as part of the CompuCom acquisition. The Company has $60 million of Federal, $80 million of foreign and $1.2 billion of state NOL carryforwards. Of the Federal NOL carryforwards, none expired in 2019 with the remainder expiring between 2020 and 2033. Of the foreign NOL carryforwards, $4 million will expire in 2020 and the remaining balance will expire between 2024 and 2033. Of the state NOL carryforwards, $68 million will expire in 2020, and the remaining balance will expire between 2021 and 2039. The Company has Federal capital loss carryover available to offset future capital gains generated of $604 million which expires in 2021, 2022 and 2023, and state capital loss carryforwards of $485 million which expire in 2021, 2022 and 2023. The Company also has $22 million of U.S. Federal alternative minimum tax credit carryforwards, which can be used to reduce future regular federal income tax, if any, over an indefinite period. In addition, due to the enactment of new legislation, a portion of the credits can be refunded.

Additionally, the Company has $127 million of U.S. Federal tax credit carryforwards, which expire between 2020 and 2028, and $14 million of state and foreign tax credit carryforwards, $2 million of which can be carried forward indefinitely, and the remainder of which will expire between 2023 and 2028.

As of December 28, 2019, the Company has not triggered an “ownership change” as defined in Internal Revenue Code Section 382 or other similar provisions that would limit the use of NOL and tax credit carryforwards. However, the Company did acquire certain NOLs and other credit carryforwards that may be limited as a result of the purchase. Furthermore, if the Company were to experience an ownership change in future periods, its deferred tax assets and income tax expense may be negatively impacted. Deferred income taxes have been provided on all undistributed earnings of foreign subsidiaries.

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

(In millions)	2019		2018			2017
Beginning balance	$	142	$	144		$	140
Additions, charged to expense		9		—			4
Acquired via Merger		—		—			1
Impact of Tax Reform		—		—			40
Reductions		—		(2	)		(41	)
Ending balance	$	151	$	142		$	144

During 2019, the Company established valuation allowances on certain deferred tax assets related to certain credits and carryforwards that are not expected to be utilized prior to expiration. During 2018, the Company released a small portion of its valuation allowance related to certain credits that are now expected to be utilized prior to expiration. As of December 28, 2019, the Company continues to have a U.S. valuation allowance for certain U.S. Federal credits and certain state tax attributes, which relate to deferred tax assets that require either certain types of income or for income to be earned in certain jurisdictions in order to be realized. The Company will continue to assess the realizability of its deferred tax assets in the U.S. and remaining foreign jurisdictions in future periods. Changes in pretax income projections could impact this evaluation in future periods.

The Company’s total valuation allowance increased during 2017 due to several factors. A portion of the deferred assets acquired as part of the CompuCom deal had existing valuation allowances that increased the Company’s balance. The Company recognized a net income tax benefit of $36 million associated with the reduction of valuation allowances in the U.S. Federal and state jurisdictions offset by the establishment of valuation allowances in the U.S. and certain jurisdictions in which the Company does not expect to be profitable. As a result of enacted legislation, the Company reestablished a valuation allowance of $40 million on certain of its Federal credits offset by a reduction in the required valuation allowance due to the statutory rate change.

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

(In millions)	2019		2018			2017
Beginning balance	$	20	$	20		$	14
Increase related to current year tax positions		2		—			—
Increase related to merger		—		—			8
Increase (decrease) related to prior year tax positions		—		1			(1	)
Decrease related to settlements with taxing authorities		—		(1	)		(1	)
Ending balance	$	22	$	20		$	20

Included in the balance of $22 million at December 28, 2019, is $10 million of unrecognized tax benefits that, if recognized, would impact the effective tax rate. The other $12 million primarily results from tax positions that, if sustained, would be offset by changes in deferred tax assets. It is anticipated that $2 million in tax positions will be resolved within the next 12 months, which would decrease the Company’s balance of unrecognized tax benefits. Additionally, the Company anticipates that it is reasonably possible that new issues will be raised or resolved by tax authorities that may require changes to the balance of unrecognized tax benefits; however, an estimate of such changes cannot be reasonably made.

As part of the CompuCom acquisition, the Company’s unrecognized tax benefits increased by $8 million in 2017. Approximately $3 million of the unrecognized tax benefit is currently covered under an indemnification agreement with a previous owner of CompuCom.

The Company recognizes interest related to unrecognized tax benefits in interest expense and penalties in the provision for income taxes. The Company recognized immaterial interest and penalty expense in 2019, 2018 and 2017. The Company had approximately $7 million accrued for the payment of interest and penalties as of December 28, 2019, including $1 million acquired as part of the CompuCom merger, which is not included in the table above.

The Company files a U.S. Federal income tax return and other income tax returns in various states and foreign jurisdictions. With few exceptions, the Company is no longer subject to U.S. Federal and state and local income tax examinations for years before 2017 and 2014, respectively. The acquired OfficeMax U.S. consolidated group is no longer subject to U.S. Federal income tax examination and with few exceptions, is no longer subject to U.S. state and local income tax examinations for years before 2014. The U.S. Federal income tax returns for 2017 and 2018 are currently under review. Generally, the Company is subject to routine examination for years 2013 and forward in its international tax jurisdictions.

Earnings Per Share - Additional Information (Detail) - shares shares in Millions	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Nonvested Stock Options and Shares
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Shares excluded from computation of diluted earnings per share	9	5	4

Schedule of Maturities of Lease Liabilities Under Operating and Finance Leases (Parenthetical) (Detail) $ in Millions	12 Months Ended
	Dec. 28, 2019 USD ($) Lease
Leases [Line Items]
Operating lease payments	$ 489
Operating Lease, term	10 years
Finance lease payments	$ 21
Options
Leases [Line Items]
Operating lease payments	116
Finance lease payments	17
Legally Binding Lease Payments
Leases [Line Items]
Operating lease payments	$ 8
Number of additional operating leases \| Lease	3

Summary of Status of Nonvested Shares (Detail) - Restricted Stock and Restricted Stock Units - $ / shares	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding at beginning of the period, Shares	14,964,187	10,293,690	12,747,791
Granted, Shares	7,402,359	10,639,147	6,200,730
Vested, Shares	(5,934,396)	(4,197,669)	(5,765,015)
Forfeited, Shares	(2,484,591)	(1,770,981)	(2,889,816)
Outstanding at end of the period, Shares	13,947,559	14,964,187	10,293,690
Outstanding at beginning of the period, Weighted Average Grant-Date Price	$ 3.05	$ 4.33	$ 4.41
Granted, Weighted Average Grant-Date Price	2.99	2.33	4.34
Vested, Weighted Average Grant-Date Price	3.09	4.37	4.61
Forfeited, Weighted Average Grant-Date Price	2.86	3.08	4.16
Outstanding at end of the period, Weighted Average Grant-Date Price	$ 3.04	$ 3.05	$ 4.33

Supplemental Cash Flow Information Related to Leases (Detail) $ in Millions	12 Months Ended
	Dec. 28, 2019 USD ($)
Leases [Abstract]
Operating cash flows from finance leases	$ 5
Operating cash flows from operating leases	489
Financing cash flows from finance leases	21
Right-of-use assets obtained in exchange for new finance lease liabilities	27
Right-of-use assets obtained in exchange for new operating lease liabilities	$ 338

Commitments and Contingencies - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Commitments and Contingencies Disclosure [Line Items]
Purchases under the agreement	$ 541,000,000	$ 531,000,000	$ 593,000,000
Payments for legal settlements	$ 900,000
Payments for legal settlements term	10 days
Minimum
Commitments and Contingencies Disclosure [Line Items]
Losses for environmental liabilities	$ 10,000,000
Maximum
Commitments and Contingencies Disclosure [Line Items]
Losses for environmental liabilities	$ 20,000,000

Summary of Receivables, Contract Assets and Contract Liabilities from Contracts with Customers (Detail) - USD ($) $ in Millions	Dec. 28, 2019	Dec. 29, 2018
Contract With Customer Asset And Liability [Abstract]
Trade receivables, net	$ 599	$ 655
Short-term contract assets	23	22
Long-term contract assets	17	17
Short-term contract liabilities	52	52
Long-term contract liabilities	$ 1	$ 1

Estimated Future Amortization Expense Related to Capitalized Software (Detail) $ in Millions	Dec. 28, 2019 USD ($)
Finite Lived Intangible Assets Future Amortization Expense [Line Items]
2020	$ 26
2021	24
2022	23
2023	20
2024	20
Thereafter	193
Capitalized Software
Finite Lived Intangible Assets Future Amortization Expense [Line Items]
2020	50
2021	39
2022	24
2023	14
2024	5
Thereafter	$ 2

EMPLOYEE BENEFIT PLANS

12 Months Ended

Dec. 28, 2019

Compensation And Retirement Disclosure [Abstract]

EMPLOYEE BENEFIT PLANS

NOTE 15. EMPLOYEE BENEFIT PLANS

PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS — NORTH AMERICA

The Company has retirement obligations under OfficeMax’s U.S. pension plans. The Company sponsors these defined benefit pension plans covering certain terminated employees, vested employees, retirees and some active employees. In 2004 or earlier, OfficeMax’s pension plans were closed to new entrants and the benefits of eligible participants were frozen. Under the terms of these plans, the pension benefit for employees was based primarily on the employees’ years of service and benefit plan formulas that varied by plan. The Company’s general funding policy is to make contributions to the plans in amounts that are within the limits of deductibility under current tax regulations, and not less than the minimum contribution required by law.

Additionally, under previous OfficeMax arrangements, the Company has responsibility for sponsoring retiree medical benefit and life insurance plans including plans related to operations in the U.S. and Canada (referred to as “Other Benefits” in the tables below). The type of retiree benefits and the extent of coverage vary based on employee classification, date of retirement, location, and other factors. All of these postretirement medical plans are unfunded. The Company explicitly reserves the right to amend or terminate its retiree medical and life insurance plans at any time, subject only to constraints, if any, imposed by the terms of collective bargaining agreements. Amendment or termination may significantly affect the amount of expense incurred.

Obligations and Funded Status

The following table provides a reconciliation of changes in the projected benefit obligation and the fair value of plan assets, as well as the funded status of the plans to amounts recognized on the Company’s Consolidated Balance Sheets. Accumulated benefit obligations exceed plan assets in all individual plans.

	Pension Benefits						Other Benefits
(In millions)	2019			2018			2019			2018
Changes in projected benefit obligation:
Obligation at beginning of period	$	880		$	979		$	12		$	14
Service cost		7			4			—			—
Interest cost		36			35			—			1
Assumption changes		—			—			1			(1	)
Actuarial (gain) loss		91			(51	)		—			—
Currency exchange rate change		—			—			1			(1	)
Benefits paid		(108	)		(87	)		(1	)		(1	)
Obligation at end of period	$	906		$	880		$	13		$	12
Change in plan assets:
Fair value of plan assets at beginning of period	$	780		$	908		$	—		$	—
Actual return (loss) on plan assets		159			(46	)		—			—
Employer contribution		2			5			1			1
Benefits paid		(108	)		(87	)		(1	)		(1	)
Fair value of plan assets at end of period		833			780			—			—
Net liability recognized at end of period	$	(73	)	$	(100	)	$	(13	)	$	(12	)

The following table shows the amounts recognized in the Consolidated Balance Sheets related to the Company’s North America defined benefit pension and other postretirement benefit plans as of year-ends:

	Pension Benefits						Other Benefits
(In millions)	2019			2018			2019			2018
Noncurrent assets	$	—		$	—		$	—		$	—
Current liabilities		(2	)		(2	)		(1	)		(1	)
Noncurrent liabilities		(71	)		(98	)		(12	)		(11	)
Net amount recognized	$	(73	)	$	(100	)	$	(13	)	$	(12	)

Components of Net Periodic Cost (Benefit)

The components of net periodic cost (benefit) are as follows:

	Pension Benefits									Other Benefits
(In millions)	2019			2018			2017			2019		2018		2017
Service cost	$	7		$	4		$	6		$	—	$	—	$	—
Interest cost		36			35			39			—		1		1
Expected return on plan assets		(42	)		(43	)		(48	)		—		—		—
Net periodic cost (benefit)	$	1		$	(4	)	$	(3	)	$	—	$	1	$	1

Other changes in plan assets and benefit obligations recognized in other comprehensive loss (income) are as follows:

	Pension Benefits									Other Benefits
(In millions)	2019			2018			2017			2019			2018			2017
Accumulated other comprehensive loss (income) at beginning of year	$	35		$	(2	)	$	38		$	(1	)	$	—		$	(1	)
Net loss (gain)		(26	)		37			(40	)		1			(1	)		1
Accumulated other comprehensive loss (income) at end of year	$	9		$	35		$	(2	)	$	—		$	(1	)	$	—

Less than $1 million of the accumulated other comprehensive loss is expected to be recognized as components of net periodic cost during 2020.

Accumulated other comprehensive loss (income) as of year-ends 2019 and 2018 consist of net losses (gains).

Assumptions

The assumptions used in accounting for the Company’s plans are estimates of factors including, among other things, the amount and timing of future benefit payments. The following table presents the key weighted average assumptions used in the measurement of the Company’s benefit obligations as of year-ends:

										Other Benefits
	Pension Benefits									United States									Canada
	2019			2018			2017			2019			2018			2017			2019			2018			2017
Discount rate		3.26	%		4.31	%		3.71	%		2.80	%		3.90	%		3.30	%		3.10	%		3.90	%		3.40	%

The following table presents the weighted average assumptions used in the measurement of net periodic benefit:

										Other Benefits
	Pension Benefits									United States									Canada
	2019			2018			2017			2019			2018			2017			2019			2018			2017
Discount rate		4.31	%		3.71	%		4.11	%		3.90	%		3.30	%		3.60	%		3.90	%		3.40	%		3.80	%
Expected long-term rate of return on plan assets		5.44	%		5.28	%		5.76	%		—	%		—	%		—	%		—	%		—	%		—	%

For pension benefits, the selected discount rates (which is required to be the rates at which the projected benefit obligations could be effectively settled as of the measurement date) are based on the rates of return for a theoretical portfolio of high-grade corporate bonds (rated AA- or better) with cash flows that generally match expected benefit payments in future years. In selecting bonds for this theoretical portfolio, the Company focuses on bonds that match cash flows to benefit payments and limit the concentration of bonds by issuer. To the extent scheduled bond proceeds exceed the estimated benefit payments in a given period, the yield calculation assumes those excess proceeds are reinvested at an assumed forward rate. The implied forward rate used in the bond model is based on the FTSE (formerly Citigroup) Pension Discount Curve as of the last day of the year. The selected discount rate for other benefits is from a discount rate curve matched to the assumed payout of related obligations.

The expected long-term rates of return on plan assets assumptions are based on the weighted average of expected returns for the major asset classes in which the plans’ assets are held. Asset-class expected returns are based on long-term historical returns, inflation expectations, forecasted gross domestic product and earnings growth, as well as other economic factors. The weights assigned to each asset class are based on the Company’s investment strategy. The weighted average expected return on plan assets used in the calculation of net periodic pension cost for 2020 is 5.16%.

Obligation and costs related to the Canadian retiree health plan are impacted by changes in trend rates.

The following table presents the assumed healthcare cost trend rates used in measuring the Company’s postretirement benefit obligations at year-ends:

	2019			2018			2017
Weighted average assumptions as of year-end:
Healthcare cost trend rate assumed for next year		6.20	%		6.40	%		6.60	%
Rate to which the cost trend rate is assumed to decline (the ultimate trend rate)		4.50	%		4.50	%		4.50	%
Year that the rate reaches the ultimate trend rate	2029			2029			2029

A 1% change in the assumed healthcare cost trend rates would impact operating income by less than $1 million.

The Company reassessed the assumptions, including those related to mortality, to measure the North American pension and other postretirement benefit plan obligations at year end 2019, adopting the most applicable mortality tables and improvement factors released in 2019 by The Society of Actuaries’ Retirement Plan Experience Committee. As a result of this assumption change, pension and other postretirement benefit plan obligations increased by $17 million and less than $1 million, respectively. As a result of the mortality assumption change in 2018, pension and other postretirement benefit plan obligations decreased by $3 million and less than $1 million, respectively.

Plan Assets

The allocation of pension plan assets by category at year-ends is as follows:

	2019			2018
Cash		1	%		1	%
Common collective trust funds		99	%		99	%
		100	%		100	%

The Employee Benefit Committee is responsible for establishing and overseeing the implementation of the investment policy for the Company’s pension plans. The investment policy is structured to optimize growth of the pension plan trust assets, while minimizing the risk of significant losses, in order to enable the plans to satisfy their benefit payment obligations over time. The Company uses a glide path investment strategy and Company contributions as its primary rebalancing mechanisms to maintain the asset class exposures within the guideline ranges established under the investment policy.

In the second quarter of 2017, the Company reinvested substantially all of the assets attributable to the U.S. pension plans in common collective trust funds. The common collective trust funds are comprised of a diversified portfolio of investments across various asset classes, including U.S. and international equities and fixed-income securities. The common collective trust funds are valued at the net asset value (“NAV”) provided by the administrator of the fund. The net asset value is based on the value of the underlying assets owned by the fund, minus its liabilities, divided by the number of units outstanding.

The investment policy for the pension plan assets allows for a broad range of asset allocations that permit the plans to de-risk in response to changes in funded position and market risks. The investment policy includes a general target asset allocation range of 27% to 37% equity securities and 63% to 73% fixed income securities. The allocation range varies to be more weighted to fixed income securities as funded status increases. Occasionally, the Company may utilize futures or other financial instruments to alter the pension trust’s exposure to various asset classes in a lower-cost manner than trading securities in the underlying portfolios.

The following table presents the pension plan assets by level within the fair value hierarchy at year-ends.

(In millions)	Fair Value Measurements 2019
Asset Category	Total		Assets Measured at NAV ^(a)		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Plan assets measured at net asset value: ^(a)
Common collective trust funds:
U.S. small and mid-cap equity securities	$	24	$	24	$	—	$	—	$	—
U.S. large cap equity securities		96		96		—		—		—
International equity securities		138		138		—		—		—
Corporate bonds		457		457		—		—		—
Government securities		93		93		—		—		—
Other fixed-income		4		4		—		—		—
Cash		13		13		—		—		—
Total common collective trust funds		825		825		—		—		—
Total plan assets measured at net asset value		825		825		—		—		—
Plan assets measured in the fair value hierarchy:
Cash		8		—		8		—		—
Total plan assets measured in the fair value hierarchy		8		—		8		—		—
Total plan assets	$	833	$	825	$	8	$	—	$	—

^(a)

Fair values of Common collective trust funds are estimated using net asset value per unit as a practical expedient which are excluded from the disclosure requirement to classify amounts in the fair value hierarchy in connection with the adoption of Accounting Standards Update (ASU) 2015-07, Fair Value Measurement (Topic 820): Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent).

(In millions)	Fair Value Measurements 2018
Asset Category	Total		Assets Measured at NAV ^(a)		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Plan assets measured at net asset value: ^(a)
Common collective trust funds:
U.S. small and mid-cap equity securities	$	14	$	14	$	—	$	—	$	—
U.S. large cap equity securities		70		70		—		—		—
International equity securities		135		135		—		—		—
Corporate bonds		375		375		—		—		—
Government securities		161		161		—		—		—
Other fixed-income		7		7		—		—		—
Cash		11		11		—		—		—
Total common collective trust funds		773		773		—		—		—
Total plan assets measured at net asset value		773		773		—		—		—
Plan assets measured in the fair value hierarchy:
Cash		7		—		7		—		—
Total plan assets measured in the fair value hierarchy		7		—		7		—		—
Total plan assets	$	780	$	773	$	7	$	—	$	—

^(a)

Purchases and sales of securities are recorded on a trade-date basis. Interest income is recorded on the accrual basis. Dividends are recorded on the ex-dividend date.

Cash Flows

Pension plan contributions include required statutory minimum amounts and, in some years, additional discretionary amounts. In 2019, the Company contributed $3 million to these pension plans. Pension contributions for the full year of 2020 are estimated to be $10 million. The Company may elect at any time to make additional voluntary contributions.

Qualified pension benefit payments are paid from the assets held in the plan trust, while nonqualified pension and other benefit payments are paid by the Company. Anticipated benefit payments by year are as follows:

(In millions)	Pension Benefits		Other Benefits
2020	$	80	$	1
2021		77		1
2022		74		1
2023		72		1
2024		69		1
Next five years		299		4

PENSION PLAN — UNITED KINGDOM

The Company has a frozen defined benefit pension plan in the United Kingdom.

Obligations and Funded Status

The following table provides a reconciliation of changes in the projected benefit obligation, the fair value of plan assets and the funded status of the plan to amounts recognized on the Company’s Consolidated Balance Sheets.

(In millions)	2019			2018
Changes in projected benefit obligation:
Obligation at beginning of period	$	203		$	249
Service cost		—			—
Interest cost		6			6
Plan amendments		—			2
Plan settlements		—			(7	)
Benefits paid		(10	)		(5	)
Actuarial (gain) loss		31			(29	)
Currency translation		6			(13	)
Obligation at end of period		236			203
Changes in plan assets:
Fair value of plan assets at beginning of period		282			313
Actual return (loss) on plan assets		29			(3	)
Company contributions		2			2
Plan settlements		—			(7	)
Benefits paid		(10	)		(5	)
Currency translation		9			(18	)
Fair value of plan assets at end of period		312			282
Net asset recognized at end of period	$	76		$	79

In the Consolidated Balance Sheets, the net funded amounts are classified as a non-current asset in the caption Other assets.

Components of Net Periodic Benefit

The components of net periodic benefit are presented below:

(In millions)	2019			2018			2017
Service cost	$	—		$	—		$	—
Interest cost		6			6			6
Expected return on plan assets		(7	)		(8	)		(11	)
Settlement gain		—			(1	)		—
Net periodic pension benefit	$	(1	)	$	(3	)	$	(5	)

Included in Accumulated other comprehensive income was deferred income of $8 million and $16 million in 2019 and 2018, respectively.

Assumptions

Assumptions used in calculating the funded status and net periodic benefit included:

	2019			2018			2017
Expected long-term rate of return on plan assets		1.76	%		2.61	%		2.64	%
Discount rate		2.10	%		3.00	%		2.60	%
Inflation		2.90	%		3.10	%		3.10	%

The long-term rate of return on assets assumption has been derived based on long-term UK government fixed income yields, having regard to the proportion of assets in each asset class. The funds invested in equities have been assumed to return 4.5% above the return on UK government securities of appropriate duration. A return equal to a 15 year AA bond index is assumed for funds invested in corporate bonds. Allowance is made for expenses of 0.17% of assets.

Plan Assets

The allocation of Plan assets is as follows:

	2019			2018
Cash		—	%		—	%
Equity securities		18	%		19	%
Fixed-income securities		82	%		81	%
Total		100	%		100	%

A committee, comprised of representatives of the Company and of this plan, is responsible for establishing and overseeing the implementation of the investment policy for this plan. The plan’s investment policy and strategy are to ensure assets are available to meet the obligations to the beneficiaries and to adjust plan contributions accordingly. The plan trustees are also committed to reducing the level of risk in the plan over the long term, while retaining a return above that of the growth of liabilities. Matching investments are intended to provide a return similar to the increase in the plan liabilities. Growth investments are assets intended to provide a return in excess of the increase in liabilities. At December 28, 2019, the asset target allocation was in accordance with the investment strategy. Asset-class allocations within the ranges are continually evaluated based on expectations for future returns, the funded position of the plan and market risks.

The following table presents the pension plan assets by level within the fair value hierarchy.

(In millions)	Fair Value Measurements 2019
Asset Category	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Cash	$	1	$	1	$	—	$	—
Equity securities
Developed market equity funds		8		8		—		—
Emerging market equity funds		4		4		—		—
Mutual funds real estate		18		—		—		18
Mutual funds		25		—		25		—
Total equity securities		55		12		25		18
Fixed-income securities
UK debt funds		107		—		107		—
Liability term matching debt funds		128		—		128		—
Emerging market debt fund		1		—		1		—
High yield debt		20		—		20		—
Total fixed-income securities		256		—		256		—
Total	$	312	$	13	$	281	$	18

(In millions)	Fair Value Measurements 2018
Asset Category	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Cash	$	1	$	1	$	—	$	—
Equity securities
Developed market equity funds		8		8		—		—
Emerging market equity funds		4		4		—		—
Mutual funds real estate		19		—		—		19
Mutual funds		23		—		23		—
Total equity securities		54		12		23		19
Fixed-income securities
UK debt funds		91		—		91		—
Liability term matching debt funds		115		—		115		—
Emerging market debt fund		3		—		3		—
High yield debt		18		—		18		—
Total fixed-income securities		227		—		227		—
Total	$	282	$	13	$	250	$	19

The following is a reconciliation of the change in fair value of the pension plan assets calculated based on Level 3 inputs:

(In millions)	Total
Balance at December 29, 2018	$	19
Net sales		(1	)
Balance at December 28, 2019	$	18

Cash Flows

Anticipated benefit payments for the European pension plan, at 2019 year-end exchange rates, are as follows:

(In millions)	Benefit Payments
2020	$	11
2021		11
2022		12
2023		12
2024		12
Next five years		66

RETIREMENT SAVINGS PLANS

The Company also sponsors defined contribution plans for most of its employees. Eligible Company employees may participate in the Office Depot, Inc. Retirement Savings Plans (a plan for U.S. employees and a plan for Puerto Rico employees). All of the Company’s defined contribution plans (the “401(k) Plans”) allow eligible employees to contribute a percentage of their salary, commissions and bonuses in accordance with plan limitations and provisions of Section 401(k) of the Internal Revenue Code and the Company makes partial matching contributions to each plan subject to the limits of the respective 401(k) Plans. Matching contributions are invested in the same manner as the participants’ pre-tax contributions. The 401(k) Plans also allow for a discretionary matching contribution in addition to the normal match contributions if approved by the Board of Directors.

Office Depot and OfficeMax previously sponsored non-qualified deferred compensation plans that allowed certain employees, who were limited in the amount they could contribute to their respective 401(k) plans, to defer a portion of their earnings and receive a Company matching amount. Both plans are closed to new contributions.

In connection with the acquisition of CompuCom, the Company assumed responsibility for sponsoring CompuCom’s defined contribution 401(k) matched savings plan (covering substantially all of the United States associates) and the defined contribution registered pension plan (covering substantially all of the Canadian associates).

Compensation expense for the Company’s contributions to these retirement savings plans was $25 million in 2019, $26 million in 2018 and $21 million in 2017.

QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)

12 Months Ended

Dec. 28, 2019

Quarterly Financial Information Disclosure [Abstract]

Schedule of Quarterly Financial Data

(In millions, except per share amounts)	First Quarter		Second Quarter			Third Quarter		Fourth Quarter
Fiscal Year Ended December 28, 2019*
Net sales	$	2,769	$	2,588		$	2,782	$	2,508
Gross profit		641		585			667		571
Operating income (loss) ⁽¹⁾		24		(15	)		108		74
Net income (loss)		8		(24	)		60		55
Net earnings (loss) per share ⁽²⁾
Basic	$	0.01	$	(0.04	)	$	0.11	$	0.10
Diluted	$	0.01	$	(0.04	)	$	0.11	$	0.10

*	Due to rounding, the sum of the quarterly amounts may not equal the reported amounts for the year.

(1)

Includes Merger and restructuring expenses, net totaling $14 million, $69 million, $22 million and $11 million in the first, second, third and fourth quarters of 2019, respectively. The first, second, third and fourth quarters of 2019 also include asset impairments of $29 million, $16 million, $5 million and $6 million, respectively.

(2)	The sum of the quarterly earnings per share does not equal the annual earnings per share due to differences in quarterly and annual weighted-average shares outstanding.

(In millions, except per share amounts)	First Quarter		Second Quarter			Third Quarter		Fourth Quarter
Fiscal Year Ended December 29, 2018*
Net sales	$	2,830	$	2,628		$	2,887	$	2,670
Gross profit		667		596			686		602
Operating income ⁽³⁾		77		48			105		24
Net income (loss) from continuing operations ⁽⁴⁾		33		19			60		(14	)
Discontinued operations, net of tax		8		(3	)		—		—
Net income (loss)		41		16			60		(14	)
Basic earnings (loss) per share ⁽⁵⁾
Continuing operations	$	0.06	$	0.03		$	0.11	$	(0.02	)
Discontinued operations	$	0.01	$	—		$	—	$	—
Net basic earnings per share	$	0.07	$	0.03		$	0.11	$	(0.02	)
Diluted earnings (loss) per share ⁽⁵⁾
Continuing operations	$	0.06	$	0.03		$	0.11	$	(0.02	)
Discontinued operations	$	0.01	$	—		$	—	$	—
Net diluted earnings per share	$	0.07	$	0.03		$	0.11	$	(0.02	)

*	Due to rounding, the sum of the quarterly amounts may not equal the reported amounts for the year.

(3)	Includes Merger and restructuring expenses, net totaling $17 million, $14 million, $14 million and $27 million in the first, second, third and fourth quarters of 2018, respectively. The fourth quarter of 2018 also includes asset impairments of $7 million and a legal expense of $25 million.

(4)	Includes a loss on debt modification of $15 million and a tax benefit of $4 million due to a book-to-tax basis difference related to the sale of Clearpath Holdings, LLC in the fourth quarter of 2018.

(5)	The sum of the quarterly earnings per share does not equal the annual earnings per share due to differences in quarterly and annual weighted-average shares outstanding.

Schedule of Property and Equipment (Detail) - USD ($) $ in Millions	Dec. 28, 2019	Dec. 29, 2018
Property, Plant and Equipment [Line Items]
Property and equipment, Gross	$ 2,459	$ 2,428
Less accumulated depreciation	(1,780)	(1,665)
Total	679	763
Land
Property, Plant and Equipment [Line Items]
Property and equipment, Gross	45	53
Buildings
Property, Plant and Equipment [Line Items]
Property and equipment, Gross	221	281
Computer Software
Property, Plant and Equipment [Line Items]
Property and equipment, Gross	653	588
Leasehold Improvements
Property, Plant and Equipment [Line Items]
Property and equipment, Gross	658	649
Furniture, fixtures and equipment
Property, Plant and Equipment [Line Items]
Property and equipment, Gross	833	787
Construction in Progress
Property, Plant and Equipment [Line Items]
Property and equipment, Gross	$ 49	$ 70

STOCK-BASED COMPENSATION

12 Months Ended

Dec. 28, 2019

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

STOCK-BASED COMPENSATION

NOTE 14. STOCK-BASED COMPENSATION

LONG-TERM INCENTIVE PLANS

During 2017, the Company’s Board of Directors adopted, and the shareholders approved, the Office Depot, Inc. 2017 Long-Term Incentive Plan (the “Plan”). The Plan replaces the Office Depot, Inc. 2015 Long-Term Incentive Plan, the Office Depot, Inc. 2007 Long-Term Incentive Plan, as amended, and the 2003 OfficeMax Incentive and Performance Plan (together, the “Prior Plans”). No additional awards were granted under the Prior Plans effective July 20, 2017, the effective date of the Plan. The Plan permits the issuance of stock options, nonqualified stock options, stock appreciation rights, restricted stock, restricted stock units, performance shares, and other equity-based incentive awards. Employee share-based awards are generally issued in the first quarter of the year.

RESTRICTED STOCK AND RESTRICTED STOCK UNITS

In 2019, the Company granted 7.4 million shares of restricted stock and restricted stock units to eligible employees which included 0.4 million shares granted to the Board of Directors. The Board of Directors are granted restricted stock units as part of their annual compensation which vest immediately on the grant date with distribution to occur following their separation from service with the Company. Restricted stock grants to Company employees typically vest annually over a three-year service period. A summary of the status of the Company’s nonvested shares and changes during 2019, 2018 and 2017 is presented below.

	2019					2018					2017
	Shares			Weighted Average Grant- Date Price		Shares			Weighted Average Grant- Date Price		Shares			Weighted Average Grant- Date Price
Outstanding at beginning of year		14,964,187		$	3.05		10,293,690		$	4.33		12,747,791		$	4.41
Granted		7,402,359			2.99		10,639,147			2.33		6,200,730			4.34
Vested		(5,934,396	)		3.09		(4,197,669	)		4.37		(5,765,015	)		4.61
Forfeited		(2,484,591	)		2.86		(1,770,981	)		3.08		(2,889,816	)		4.16
Outstanding at end of year		13,947,559		$	3.04		14,964,187		$	3.05		10,293,690		$	4.33

As of December 28, 2019, there was approximately $21 million of total unrecognized compensation cost related to nonvested restricted stock. This expense, net of forfeitures, is expected to be recognized over a weighted-average period of approximately 1.8 years. Total outstanding shares of 13.9 million include 1.9 million granted to members of the Board of Directors that have vested but will not be issued until separation from service and 12 million unvested shares granted to employees. Of the 12 million unvested shares at year end, the Company estimates that 12 million shares will vest. The total fair value of shares at the time they vested during 2019 was $18 million.

PERFORMANCE-BASED INCENTIVE PROGRAM

The Company has a performance-based long-term incentive program consisting of performance stock units. Payouts under this program are based on achievement of certain financial targets set by the Board of Directors and are subject to additional service vesting requirements, generally three years from the grant date.

A summary of the activity in the performance-based long-term incentive program since inception is presented below.

	2019					2018					2017
	Shares			Weighted Average Grant- Date Price		Shares			Weighted Average Grant- Date Price		Shares			Weighted Average Grant- Date Price
Outstanding at beginning of year		19,133,969		$	2.88		10,187,045		$	4.42		13,742,384		$	4.66
Granted		10,267,429			3.10		13,287,817			2.37		5,099,667			4.18
Vested		(2,843,657	)		3.31		(1,211,764	)		9.45		(6,556,274	)		4.59
Forfeited		(6,616,631	)		2.89		(3,129,129	)		3.12		(2,098,732	)		4.67
Outstanding at end of year		19,941,110		$	2.91		19,133,969		$	2.88		10,187,045		$	4.42

As of December 28, 2019, there was approximately $29 million of total unrecognized compensation expense related to the performance-based long-term incentive program. This expense, net of forfeitures, is expected to be recognized over a weighted-average period of approximately 1.9 years. Forfeitures in the table above include adjustments to the share impact of anticipated performance achievement. Of the 19.9 million shares outstanding at year end, the Company estimates that 19.9 million shares will vest. The total fair value of shares at the time they vested during 2019 was $10 million.

Severance and Facility Closure Costs (Detail) - USD ($)
$ in Millions

12 Months Ended

May 08, 2019

Dec. 28, 2019

Dec. 29, 2018

Dec. 30, 2017

$ 18

$ 32

(73)

(34)

Adjustments

^[1]

(13)

Comprehensive Business Review

$ 32

Business Acceleration Program

Termination benefits | Merger related accruals

$ 107

(4)

(7)

Termination benefits | Comprehensive Business Review

(4)

Termination benefits | Business Acceleration Program

(27)

Other Costs | Merger related accruals

(13)

^[1]

(10)

Other Costs | Comprehensive Business Review

(5)

(10)

Adjustments

^[1]

(3)

Other Costs | Business Acceleration Program

$ 5

$ 9

$ 9

(37)

$ 5

[1]	Represents reclassification of operating lease obligations associated with facility closures to Operating lease ROU assets in the Consolidated Balance Sheet in accordance with the new lease accounting standard.

Segment Information (Detail) - USD ($)
$ in Millions

3 Months Ended

12 Months Ended

Dec. 28, 2019

Sep. 28, 2019

^[1]

Jun. 29, 2019

^[1]

Mar. 30, 2019

^[1]

Dec. 29, 2018

Sep. 29, 2018

^[1]

Jun. 30, 2018

^[1]

Mar. 31, 2018

^[1]

Dec. 28, 2019

Dec. 29, 2018

Dec. 30, 2017

$ 2,508

^[1]

$ 2,782

$ 2,588

$ 2,769

$ 2,670

^[1]

$ 2,887

$ 2,628

$ 2,830

$ 10,647

$ 11,015

$ 10,240

463

451

521

150

187

141

204

192

159

Business Solutions Division

7,311

6,166

7,311

6,166

5,279

5,282

5,108

Retail Division

4,363

4,641

4,962

Other

Operating Segments | Business Solutions Division

5,279

5,282

5,108

271

243

262

Operating Segments | Retail Division

1,803

1,686

1,803

1,686

4,363

4,641

4,962

194

193

254

108

Operating Segments | CompuCom Division

2,403

1,277

2,403

1,277

994

1,086

156

(2)

Operating Segments | Other

989

1,033

989

1,033

(2)

(3)

Corporate, Eliminations, and Discontinued Operations | Discontinued Operations

^[2]

^[2]

$ 14

^[2]

$ 2,106

$ 2,164

$ 2,106

$ 2,164

[1]	Due to rounding, the sum of the quarterly amounts may not equal the reported amounts for the year.
[2]	Amounts included in “Corporate and Discontinued Operations” consist of assets (including all cash and cash equivalents) and depreciation related to corporate activities of continuing operations.

Other Changes In Plan Assets and Benefit Obligations Recognized In Other Comprehensive Loss (Income) (Detail) - North America - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Accumulated other comprehensive loss (income) at beginning of year	$ 35	$ (2)	$ 38
Net loss (gain)	(26)	37	(40)
Accumulated other comprehensive loss (income) at end of year	9	35	(2)
Other Benefits
Defined Benefit Plan Disclosure [Line Items]
Accumulated other comprehensive loss (income) at beginning of year	(1)		(1)
Net loss (gain)	$ 1	(1)	$ 1
Accumulated other comprehensive loss (income) at end of year		$ (1)

Reconciliation of Measure of Division Operating Income to Consolidated Income Before Income Taxes (Detail) - USD ($)
$ in Millions

3 Months Ended

12 Months Ended

Dec. 28, 2019

Sep. 28, 2019

Jun. 29, 2019

Mar. 30, 2019

Dec. 29, 2018

Sep. 29, 2018

Jun. 30, 2018

Mar. 31, 2018

Dec. 28, 2019

Dec. 29, 2018

Dec. 30, 2017

Division operating income

$ 74

^[1],[2]

$ 108

^[1],[2]

$ (15)

^[1],[2]

$ 24

^[1],[2]

$ 24

^[1],[3]

$ 105

^[1],[3]

$ 48

^[1],[3]

$ 77

^[1],[3]

$ 191

$ 254

$ 327

Asset impairments

(6)

(5)

(16)

(29)

(7)

(56)

(7)

(4)

Merger and restructuring expenses, net

$ (11)

$ (22)

$ (69)

$ (14)

(27)

$ (14)

$ (17)

(116)

(72)

(94)

Legal expense accrual

(25)

Unallocated expenses

(100)

(93)

(96)

Interest income

Interest expense

(89)

(121)

(62)

Loss on extinguishment and modification of debt

$ (15)

(15)

Other income, net

Income from continuing operations before income taxes

146

158

299

Operating Segments

Division operating income

$ 463

$ 451

$ 521

[1]	Due to rounding, the sum of the quarterly amounts may not equal the reported amounts for the year.
[2]	Includes Merger and restructuring expenses, net totaling $14 million, $69 million, $22 million and $11 million in the first, second, third and fourth quarters of 2019, respectively. The first, second, third and fourth quarters of 2019 also include asset impairments of $29 million, $16 million, $5 million and $6 million, respectively.
[3]	Includes Merger and restructuring expenses, net totaling $17 million, $14 million, $14 million and $27 million in the first, second, third and fourth quarters of 2018, respectively. The fourth quarter of 2018 also includes asset impairments of $7 million and a legal expense of $25 million.

Acquisitions - Additional Information (Detail) $ in Millions	1 Months Ended	3 Months Ended			12 Months Ended
	Feb. 26, 2020 Business	Dec. 28, 2019 USD ($) Business	Jun. 29, 2019 Business	Mar. 30, 2019 USD ($) Business	Dec. 28, 2019 USD ($) Business	Dec. 29, 2018 USD ($)
Business Acquisition, Acquisition Related Costs [Line Items]
Contingent consideration, liability, amount recognized						$ 25
Goodwill		$ 944			$ 944	914
Contingent consideration liability, amount paid				$ 23
Contingent consideration payments up to amount of acquisition-date liability				12	12
Contingent consideration payments in excess of acquisition-date liability				$ 11	11
Accrual recorded in merger and restructuring expenses, net					1	$ 11
Trade Name
Business Acquisition, Acquisition Related Costs [Line Items]
Intangible assets acquired		4			4
Multiple Acquisition
Business Acquisition, Acquisition Related Costs [Line Items]
Business combination consideration transferred					27
Contingent consideration, liability, amount recognized		2			2
Goodwill		22			22
Multiple Acquisition \| Customer Relationships
Business Acquisition, Acquisition Related Costs [Line Items]
Intangible assets acquired		$ 1			$ 1
United States
Business Acquisition, Acquisition Related Costs [Line Items]
Number of business acquired \| Business		1	2	2	5
United States \| Subsequent Event
Business Acquisition, Acquisition Related Costs [Line Items]
Number of business acquired \| Business	2

Summary of Valuation Allowances (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Income Taxes [Line Items]
Beginning balance	$ 142
Impact of Tax Reform			$ 40
Ending balance	151	$ 142
Valuation Allowance of Deferred Tax Assets
Income Taxes [Line Items]
Beginning balance	142	144	140
Additions, charged to expense	9		4
Acquired via Merger			1
Impact of Tax Reform			40
Reductions		(2)	(41)
Ending balance	$ 151	$ 142	$ 144

Goodwill and Other Intangible Assets - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Other Intangible Assets [Line Items]
Goodwill impairment	$ 0
Trade Name	82,000,000	$ 79,000,000
Other		2,000,000
Impairment of other indefinite-lived intangible assets	$ 2,000,000	1,000,000
Weighted average amortization period for the definite-lived intangible assets (in years)	14 years
Amortization of intangible assets	$ 31,000,000	31,000,000	$ 9,000,000
Impairment of definite-lived intangible assets	$ 0	$ 0	$ 2,000,000
Customer Relationships
Other Intangible Assets [Line Items]
Weighted average amortization period for the definite-lived intangible assets (in years)	14 years
Technology
Other Intangible Assets [Line Items]
Weighted average amortization period for the definite-lived intangible assets (in years)	6 months
Operating Segments \| Business Solutions Division
Other Intangible Assets [Line Items]
Goodwill, accumulated impairment loss	$ 349,000,000

Schedule Of Reconciliation Of Changes In Projected Benefit Obligation, Fair Value Of Plan Assets And Funded Status Of Plan (Detail) - United Kingdom - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Defined Benefit Plan Disclosure [Line Items]
Obligation at beginning of period	$ 203	$ 249
Interest cost	6	6	$ 6
Plan amendments		2
Plan settlements		(7)
Benefits paid	(10)	(5)
Actuarial (gain) loss	31	(29)
Currency translation	6	(13)
Obligation at end of period	236	203	249
Fair value of plan assets at beginning of period	282	313
Actual return (loss) on plan assets	29	(3)
Company contributions	2	2
Plan settlements		(7)
Benefits paid	(10)	(5)
Currency translation	9	(18)
Fair value of plan assets at end of period	312	282	$ 313
Net asset (liability) recognized at end of period	$ 76	$ 79

GOODWILL AND OTHER INTANGIBLE ASSETS

12 Months Ended

Dec. 28, 2019

Goodwill And Intangible Assets Disclosure [Abstract]

GOODWILL AND OTHER INTANGIBLE ASSETS

NOTE 9. GOODWILL AND OTHER INTANGIBLE ASSETS

GOODWILL

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

(In millions)	Business Solutions Division		Retail Division		CompuCom Division		Total
Balance as of December 29, 2018	$	387	$	78	$	449	$	914
Acquisitions		22		—		—		22
Foreign currency rate impact		—		—		7		7
Purchase accounting adjustments		1		—		—		1
Balance as of December 28, 2019	$	410	$	78	$	456	$	944

Additions to goodwill relate to acquisitions made during 2019, as well as the impact of purchase accounting adjustments associated with 2019 and 2018 acquisitions. As disclosed in Note 2, these adjustments were insignificant individually and in the aggregate to the Company’s Consolidated Financial Statements. Goodwill in the Business Solutions Division in the table above is net of $349 million of accumulated impairment loss recognized in 2008.

The Company has historically performed its annual impairment assessment as of the first day of the third quarter each year. During 2019, the Company changed its annual impairment assessment date to the first day of fiscal month December, which is in the fourth quarter. In connection with the change, goodwill was evaluated for impairment as of both annual test dates in 2019, and no impairment was identified.

The Company’s third quarter 2019 annual goodwill impairment test was performed using a quantitative assessment that combined the income approach and the market approach valuation methodologies and resulted in the fair value of each reporting unit exceeding its respective carrying amount as of the assessment date, which was the first day of the quarter. The Company performed its fourth quarter 2019 annual goodwill impairment test using a quantitative assessment for its CompuCom reporting unit, and qualitative assessments for all other reporting units. Consistent with the third quarter test, the quantitative assessment combined the income approach and the market approach valuation methodologies and concluded that the fair value of the CompuCom reporting unit continues to exceed its carrying amount by a similar margin. For all other reporting units, the Company’s qualitative assessment indicated that it is not more likely than not that the fair values of the reporting units are less than their respective carrying amounts and no further impairment testing was performed on those reporting units.

The Company is monitoring the performance of its Contract reporting unit, a component of the Business Solutions Division segment, and its CompuCom reporting unit, which both passed the quantitative assessments performed in 2019 with margins in excess of those determined in the Company’s 2018 annual assessment. The CompuCom Division reported an operating loss for year-to-date 2019 that was mainly driven by temporary shortfalls in revenue and profitability in the first quarter of 2019 and has improved its operational performance during the rest of 2019. The Company has taken several actions to improve the future operating performance of CompuCom, including the use of automation and technology to further improve service efficiency, simplifying organizational structures to improve service velocity, and aligning sales efforts to better serve its customers and accelerate cross-selling opportunities. The anticipated impacts of these actions are reflected in key assumptions used in the quantitative assessment, and if not realized, could result in future impairment of goodwill and indefinite-lived intangible assets for the CompuCom reporting unit.

INDEFINITE-LIVED INTANGIBLE ASSETS

The Company had $82 million and $79 million of trade names as of December 28, 2019 and December 29, 2018, respectively, and $2 million of other indefinite-lived intangible assets as of December 29, 2018. These indefinite-lived intangible assets are included in Other intangible assets, net in the Consolidated Balance Sheets.

The Company recognized $2 million and $1 million of impairment charges to its other indefinite-lived intangible assets, in 2019 and 2018, respectively.

DEFINITE INTANGIBLE ASSETS

Definite-lived intangible assets, which are included in Other intangible assets, net in the Consolidated Balance Sheets, are as follows:

	December 28, 2019
(In millions)	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Customer relationships	$	412	$	(109	)	$	303
Technology		19		(16	)		3
Total	$	431	$	(125	)	$	306

	December 29, 2018
(In millions)	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Customer relationships	$	408	$	(84	)	$	324
Technology		19		(9	)		10
Favorable leases		11		(4	)		7
Total	$	438	$	(97	)	$	341

Definite-lived intangible assets generally are amortized using the straight-line method. The remaining weighted average amortization periods for customer relationships and technology are 14 years and 0.5 years, respectively, and 14 years in the aggregate.

Amortization of intangible assets was $31 million in 2019, $31 million in 2018 and $9 million in 2017. Intangible assets amortization expenses are included in the Consolidated Statements of Operations in Selling, general and administrative expenses.

Estimated future amortization expense for the intangible assets is as follows:

(In millions)
2020	$	26
2021		24
2022		23
2023		20
2024		20
Thereafter		193
Total	$	306

Definite-lived intangible assets are reviewed whenever events and circumstances indicate the carrying amount may not be recoverable and the remaining useful lives are appropriate. No impairment charges were recognized during 2019 and 2018; impairment charges were $2 million in 2017.

Supplemental Balance Sheet Information Related to Leases (Detail)
$ in Millions

Dec. 28, 2019

USD ($)

$ 1,413

Weighted-average remaining lease term – finance leases

$ 1,208

^[1]

5 years

Weighted-average remaining lease term – operating leases

5 years

Weighted-average discount rate – finance leases

6.20%

Weighted-average discount rate – operating leases

6.60%

Property and Equipment, Net

Finance lease right-of-use assets

$ 52

Accrued Expenses and Other Current Liabilities

Operating Leases liability, Current

373

^[1]

Short-Term Borrowings and Current Maturities of Long-Term Debt

Long-Term Debt, Net of Current Maturities

Finance Leases, Current

^[2]

Finance Leases, Non-current

$ 58

^[2]

[1]	Operating lease payments include $116 million related to options to extend lease terms that are reasonably certain of being exercised and exclude $8 million of legally binding lease payments for 3 additional operating leases signed but not yet commenced. These operating leases will commence in fiscal year 2020 with lease terms of 10 years.
[2]	Finance lease payments include $17 million related to options to extend lease terms that are reasonably certain of being exercised.

Discontinued Operations - Additional Information (Detail) € in Millions	3 Months Ended
	Sep. 24, 2016 Group	Dec. 28, 2019 EUR (€)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of disposal groups \| Group	4
Discontinued Operations \| European Business
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Warranties on sale and purchase agreement \| €		€ 10

Fair Value of Plan Assets (Detail) - UNITED KINGDOM - USD ($) $ in Millions	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 312	$ 282	$ 313
Cash
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1	1
Developed Markets Equity Fund
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	8	8
Emerging Markets Equity Fund
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	4	4
Mutual Funds Real Estate
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	18	19
Mutual Funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	25	23
Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	55	54
Foreign Debt Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	107	91
Liability Term Matching Debt Fund
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	128	115
Emerging Markets Debt Fund
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1	3
High Yield Debt
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	20	18
Defined Benefit Plan, Debt Security
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	256
Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets		227
Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	13	13
Quoted Prices in Active Markets for Identical Assets (Level 1) \| Cash
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1	1
Quoted Prices in Active Markets for Identical Assets (Level 1) \| Developed Markets Equity Fund
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	8	8
Quoted Prices in Active Markets for Identical Assets (Level 1) \| Emerging Markets Equity Fund
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	4	4
Quoted Prices in Active Markets for Identical Assets (Level 1) \| Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	12	12
Significant Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	281	250
Significant Observable Inputs (Level 2) \| Mutual Funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	25	23
Significant Observable Inputs (Level 2) \| Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	25	23
Significant Observable Inputs (Level 2) \| Foreign Debt Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	107	91
Significant Observable Inputs (Level 2) \| Liability Term Matching Debt Fund
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	128	115
Significant Observable Inputs (Level 2) \| Emerging Markets Debt Fund
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1	3
Significant Observable Inputs (Level 2) \| High Yield Debt
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	20	18
Significant Observable Inputs (Level 2) \| Defined Benefit Plan, Debt Security
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	256
Significant Observable Inputs (Level 2) \| Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets		227
Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	18	19
Significant Unobservable Inputs (Level 3) \| Mutual Funds Real Estate
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	18	19
Significant Unobservable Inputs (Level 3) \| Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 18	$ 19

Summary of Major Components of Merger and Restructuring Expenses, Net (Detail) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 28, 2019	Sep. 28, 2019	Jun. 29, 2019	Mar. 30, 2019	Dec. 29, 2018	Sep. 29, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Merger and transaction related expenses
Severance and retention									$ 1	$ 11
Transaction and integration									23	35	$ 37
Facility closure, contract termination and other expenses, net										10	5
Total Merger and transaction related expenses									24	56	42
Restructuring expenses
Severance									40		28
Professional fees									41	11	6
Facility closure, contract termination, and other expenses, net									11	5	18
Total Restructuring expenses									92	16	52
Total Merger and restructuring expenses, net	$ 11	$ 22	$ 69	$ 14	$ 27	$ 14	$ 14	$ 17	$ 116	$ 72	$ 94

Stockholders' Equity - Additional Information (Detail) - USD ($)	3 Months Ended				12 Months Ended
	Dec. 28, 2019	Sep. 28, 2019	Jun. 29, 2019	Mar. 30, 2019	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017	Nov. 06, 2019	Nov. 30, 2018
Shareholders Equity [Line Items]
Stock repurchase program, shares purchased					15,000,000
Stock repurchase program, shares purchased at cost					$ 40,000,000	$ 39,000,000	$ 56,000,000
Stock repurchase program, remaining authorized repurchase amount	$ 161,000,000				$ 161,000,000
Treasury stock, shares	85,242,458				85,242,458	70,337,276
Dividend paid on common stock, per share	$ 0.025	$ 0.025	$ 0.025	$ 0.025	$ 0.10	$ 0.10	$ 0.10
Dividend distribution, common stock					$ 55,000,000	$ 55,000,000	$ 53,000,000
Maximum
Shareholders Equity [Line Items]
Stock repurchase program, authorized amount								$ 200,000,000	$ 100,000,000
Preferred Stock
Shareholders Equity [Line Items]
Preferred stock, shares authorized	1,000,000				1,000,000	1,000,000
Redeemable preferred stock, par value per share	$ 0.01				$ 0.01	$ 0.01
Preferred stock, shares issued	0				0	0
Preferred stock, shares outstanding	0				0	0

Components of Net Periodic Pension Cost (Benefit) (Detail) - North America - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 7	$ 4	$ 6
Interest cost	36	35	39
Expected return on plan assets	(42)	(43)	(48)
Net periodic cost (benefit)	$ 1	(4)	(3)
Other Benefits
Defined Benefit Plan Disclosure [Line Items]
Interest cost		1	1
Net periodic cost (benefit)		$ 1	$ 1

REVENUE RECOGNITION

12 Months Ended

Dec. 28, 2019

Revenue From Contract With Customer [Abstract]

REVENUE RECOGNITION

NOTE 4. REVENUE RECOGNITION

PRODUCTS AND SERVICES REVENUE

The following table provides information about disaggregated revenue by Division, and major products and services categories.

	2019
(In millions)	Business Solutions Division		Retail Division		CompuCom Division		Other			Total
Major products and services categories
Products
Supplies	$	2,961	$	1,670	$	—	$	16		$	4,647
Technology		1,236		1,702		271		2			3,211
Furniture and other		750		421		—		5			1,176
Services
Technology		—		29		709		(14	)		724
Copy, print, and other		332		541		14		2			889
Total	$	5,279	$	4,363	$	994	$	11		$	10,647

	2018
(In millions)	Business Solutions Division		Retail Division		CompuCom Division		Other			Total
Major products and services categories
Products
Supplies	$	2,942	$	1,753	$	—	$	10		$	4,705
Technology		1,307		1,938		233		(7	)		3,471
Furniture and other		725		414		—		7			1,146
Services
Technology		1		28		843		(4	)		868
Copy, print, and other		307		508		10		—			825
Total	$	5,282	$	4,641	$	1,086	$	6		$	11,015

	2017
(In millions)	Business Solutions Division		Retail Division		CompuCom Division		Other			Total
Major products and services categories
Products
Supplies	$	2,805	$	1,801	$	—	$	7		$	4,613
Technology		1,360		2,155		34		1			3,550
Furniture and other		678		473		—		6			1,157
Services
Technology		—		38		119		—			157
Copy, print, and other		265		495		3		—			763
Total	$	5,108	$	4,962	$	156	$	14		$	10,240

Products revenue includes the sale of:

•

Supplies such as paper, writing instruments, office supplies, cleaning and breakroom items;

•

Technology related products such as toner and ink, printers, computers, tablets and accessories, and electronic storage; and

•

Furniture and other products such as desks, seating, and luggage.

The Company sells its supplies, furniture and other products through its Business Solutions and Retail Divisions, and its technology products through all three Divisions. Customers can purchase products through the Company’s call centers, electronically through its Internet websites, or through its retail stores. Revenues from supplies, technology, and furniture and other product sales are recognized when the customer obtains control of the Company’s product, which occurs at a point in time, typically upon delivery to the customer.

Furniture and other products also include arrangements where customers can make special furniture interior design and installation orders that are customized to their needs. The performance obligations related to these arrangements are satisfied over time.

Services revenue includes the sale of:

•

Technology service offerings provided through the Company’s CompuCom Division, such as technology lifecycle management, end user computing and collaboration, service desk, remote technology monitoring and management, and IT workforce solutions, as well as technology support services offerings provided in the Company’s retail stores, such as installation and repair; and

•

Copy, print, and other service offerings such as managed print and fulfillment services, product subscriptions, and sales of third party software, gift cards, warranties, remote support as well as rental income on operating lease arrangements where the Company conveys to its customers the right to use devices and other equipment for a stated period.

The largest offering in the service technology category is end user computing, which provides on-site services to assist corporate end users with their information technology needs. Services are either billed on a rate per hour or per user, or on a fixed monthly retainer basis. For the majority of technology service offerings contracts, the Company has the right to invoice the customer in an amount that directly corresponds with the value to the customer of the Company’s performance to date and as such the Company recognizes revenue based on the amount billable to the customer in accordance with the practical expedient provided by the current revenue guidance.

Substantially all of the Company’s other service offerings are satisfied at a point in time and revenue is recognized as such. The largest other service offering is copy and print services, which includes printing, copying, and digital imaging. The majority of copy and print services are fulfilled through retail stores and the related performance obligations are satisfied within a short period of time (generally within the same day).

REVENUE RECOGNITION AND SIGNIFICANT JUDGMENTS

Revenue is recognized upon transfer of control of promised products or services to customers in an amount that reflects the consideration the Company is entitled to receive in exchange for those products or services. For product sales, transfer of control occurs at a point in time, typically upon delivery to the customer. For service offerings, the transfer of control and satisfaction of the performance obligation is either over time or at a point in time. When performance obligations are satisfied over time, the Company evaluates the pattern of delivery and progress each reporting period and, if necessary, adjusts the measure of performance and related revenue recognition. Revenue is recognized net of allowance for returns and net of any taxes collected from customers, which are subsequently remitted to governmental authorities. Shipping and handling costs are considered fulfillment activities and are recognized within the Company’s cost of goods sold.

Contracts with customers could include promises to transfer multiple products and services to a customer. Determining whether products and services are considered distinct performance obligations that should be accounted for separately versus together may require significant judgment. Determining the standalone selling price also requires judgment. The Company did not have significant revenues generated from such contracts in 2019 and 2018.

Products are generally sold with a right of return and the Company may provide other incentives, such as rebates and coupons, which are accounted for as variable consideration when estimating the amount of revenue to recognize. The Company estimates returns and incentives at contract inception and includes the amount in the transaction price for which significant reversal is not probable. These estimates are updated at the end of each reporting period as additional information becomes available.

The Company offers a customer loyalty program that provides customers with rewards that can be applied to future purchases or other incentives. Loyalty rewards are accounted for as a separate performance obligation and a deferred liability is recorded in the amount of the transaction price allocated to the rewards, inclusive of the impact of estimated breakage. The estimated breakage of loyalty rewards is based on historical redemption rates experienced under the loyalty program. Revenue is recognized when the loyalty rewards are redeemed or expire. As of both December 28, 2019 and December 29, 2018, the Company had $12 million of deferred liability related to the loyalty program, which is included in Accrued expenses and other current liabilities in the Consolidated Balance Sheets.

The Company recognizes revenue in certain circumstances before product delivery occurs (commonly referred to as bill-and-hold transactions). Revenue from bill-and-hold transactions is recognized when all specific requirements for transfer of control under a bill-and-hold arrangement have been met which include, among other things, a request from the customer that the product be held for future scheduled delivery. For these bill-and-hold arrangements, the associated product inventory is identified separately as belonging to the customer and is ready for physical transfer.

CONTRACT BALANCES

The timing of revenue recognition may differ from the timing of invoicing to customers. A receivable is recognized in the period the Company delivers goods or provides services, and is recorded at the invoiced amount, net of an allowance for doubtful accounts. A receivable is also recognized for unbilled services where the Company’s right to consideration is unconditional, and is recorded based on an estimate of time and materials. Payment terms and conditions vary by contract type, although terms generally include a requirement of payment within 20 to 60 days. In instances where the timing of revenue recognition differs from the timing of invoicing, the Company has determined that the contracts do not include a significant financing component. The primary purpose of the Company’s invoicing terms is to provide customers with simplified and predictable ways of purchasing its products and services.

The Company receives payments from customers based upon contractual billing schedules. Contract assets include amounts related to deferred contract acquisition costs (refer to the section “Costs to Obtain a Contract” below) and if applicable, the Company’s conditional right to consideration for completed performance under a contract. The short and long-term components of contract assets in the table below are included in Prepaid expenses and other current assets, and Other assets, respectively, in the Consolidated Balance Sheets. Contract liabilities include payments received in advance of performance under the contract, which are recognized as revenue when the performance obligation is completed under the contract, as well as accrued contract acquisition costs, liabilities related to the Company’s loyalty program and gift cards. The short and long-term components of contract liabilities in the table below are included in Accrued expenses and other current liabilities, and Deferred income taxes and other long-term liabilities, respectively, in the Consolidated Balance Sheets.

The following table provides information about receivables, contract assets and contract liabilities from contracts with customers:

	December 28,		December 29,
(In millions)	2019		2018
Trade receivables, net	$	599	$	655
Short-term contract assets		23		22
Long-term contract assets		17		17
Short-term contract liabilities		52		52
Long-term contract liabilities		1		1

In 2019 and 2018, the Company did not have any contract assets related to conditional rights. The Company recognized revenues of $27 million and $35 million in 2019 and 2018, respectively, which were included in the short-term contract liability balance at the beginning of the period. There were no contract assets and liabilities that were recognized in 2019 and 2018 as a result of business combinations. There were no significant adjustments to revenue from performance obligations satisfied in previous periods and there were no contract assets recognized at the beginning of the period that transferred to receivables in 2019 and 2018.

A majority of the purchase orders and statements of work related to contracts with customers require delivery of the product or service within one year or less. For certain service contracts that exceed one year, the Company recognizes revenue at the amount to which it has the right to invoice for services performed. Accordingly, the Company has applied the optional exemption provided by the new revenue recognition standard relating to unsatisfied performance obligations and does not disclose the value of unsatisfied performance obligations for its contracts.

COSTS TO OBTAIN A CONTRACT

The Company recognizes an asset for the incremental costs of obtaining a contract with a customer if it expects the benefit of those costs to be longer than one year. The Company has determined that certain rebate incentive programs meet the requirements to be capitalized. These costs are periodically reviewed for impairment, and are amortized on a straight-line basis over the expected period of benefit. As of December 28, 2019 and December 29, 2018, capitalized acquisition costs amounted to $40 million and $39 million, respectively, and are reflected in short-term contract assets and long-term contract assets in the table above. In 2019 and 2018, amortization expense was $35 million and $33 million, respectively. The Company had no asset impairment charges related to contract assets in the periods presented herein.

Accumulated Other Comprehensive Loss Activity, Net of Tax (Detail) - USD ($)
$ in Millions

12 Months Ended

Dec. 28, 2019

Dec. 29, 2018

Dec. 30, 2017

Accumulated Other Comprehensive Income (Loss) [Line Items]

Other comprehensive income (loss) activity before reclassifications

$ 2,126

$ (59)

Reclassification of foreign currency translation adjustments realized upon disposal of business

^[1]

$ (1)

Tax impact

(6)

(21)

Foreign Currency Translation Adjustments

2,173

2,126

Accumulated Other Comprehensive Income (Loss) [Line Items]

Other comprehensive income (loss) activity before reclassifications

(50)

(43)

(36)

Reclassification of foreign currency translation adjustments realized upon disposal of business

^[1]

(7)

Change in Deferred Pension and Other

(29)

(50)

(43)

Accumulated Other Comprehensive Income (Loss) [Line Items]

Other comprehensive income (loss) activity before reclassifications

(49)

(35)

(23)

Tax impact

(6)

(14)

Accumulated Other Comprehensive Income (Loss)

(37)

(49)

(35)

Accumulated Other Comprehensive Income (Loss) [Line Items]

(99)

(78)

(21)

Accumulated Other Comprehensive Loss Activity, Net of Tax

$ (66)

$ (99)

$ (78)

[1]	Relates to the disposition of the Company’s businesses in Australia and New Zealand in 2018.

Components of Lease Expense (Detail) $ in Millions	12 Months Ended
Components of Lease Expense (Detail) $ in Millions	Dec. 28, 2019 USD ($)
Finance lease cost:
Amortization of right-of-use assets	$ 17
Interest on lease liabilities	5
Operating lease cost	433
Short-term lease cost	7
Variable lease cost	121
Sublease income	(3)
Total lease cost	$ 580

LEASES

12 Months Ended

Dec. 28, 2019

Leases [Abstract]

LEASES

NOTE 12. LEASES

The Company leases retail stores and other facilities, vehicles, and equipment under operating lease agreements. Facility leases typically are for a fixed non-cancellable term with one or more renewal options. In addition to rent payments, the Company is required to pay certain variable lease costs such as real estate taxes, insurance and common-area maintenance on most of the facility leases. For leases beginning in 2019, the Company accounts for lease components (e.g., fixed payments including rent) and non-lease components (e.g., real estate taxes, insurance costs and common-area maintenance costs) as a single lease component. Certain leases contain provisions for additional rent to be paid if sales exceed a specified amount, though such payments have been immaterial during the periods presented, and are recognized as variable lease cost. The Company subleases certain real estate to third parties, consisting mainly of operating leases for space within the retail stores.

The components of lease expense were as follows:

(In millions)	2019
Finance lease cost:
Amortization of right-of-use assets	$	17
Interest on lease liabilities		5
Operating lease cost		433
Short-term lease cost		7
Variable lease cost		121
Sublease income		(3	)
Total lease cost	$	580

Supplemental cash flow information related to leases was as follows:

(In millions)	2019
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from finance leases	$	5
Operating cash flows from operating leases		489
Financing cash flows from finance leases		21
Right-of-use assets obtained in exchange for new finance lease liabilities		27
Right-of-use assets obtained in exchange for new operating lease liabilities		338

Supplemental balance sheet information related to leases was as follows:

	December 28,
(In millions, except lease term and discount rate)	2019
Property and equipment, net	$	52
Operating lease right-of-use assets		1,413
Accrued expenses and other current liabilities		373
Short-term borrowings and current maturities of long-term debt		19
Long-term debt, net of current maturities		58
Operating lease liabilities		1,208
Weighted-average remaining lease term – finance leases	5 years
Weighted-average remaining lease term – operating leases	5 years
Weighted-average discount rate – finance leases		6.2	%
Weighted-average discount rate – operating leases		6.6	%

Maturities of lease liabilities as of December 28, 2019 were as follows:

	December 28, 2019
	Operating			Finance
(In millions)	Leases⁽¹⁾			Leases⁽²⁾
2020	$	461		$	23
2021		383			21
2022		313			17
2023		243			13
2024		167			7
Thereafter		336			9
		1,903			90
Less imputed interest		(322	)		(13	)
Total	$	1,581		$	77

Reported as of December 28, 2019
Accrued expenses and other current liabilities	$	373		$	—
Short-term borrowings and current maturities of long-term debt		—			19
Long-term debt, net of current maturities		—			58
Operating lease liabilities		1,208			—
Total	$	1,581		$	77

(1)

(2)	Finance lease payments include $17 million related to options to extend lease terms that are reasonably certain of being exercised.

Adoption of the new lease accounting standard using the alternative transition method required the Company to provide relevant disclosures in accordance with ASC 840, Leases for all prior periods presented. The table below represents future minimum lease payments due under the non-cancelable portions of leases including facility leases that were accrued as store closure costs as of December 29, 2018. The table was updated from the version previously included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 29, 2018 within the Notes to Consolidated Financial Statements to adjust for certain inconsistencies that management identified in the first quarter of fiscal year 2019 during the implementation of ASC 842, Leases. Specifically, the Company corrected the schedule to include additional lease commitments for option periods at the time of execution as opposed to the original extension date.

	December 29,
(In millions)	2018
2019	$	466
2020		374
2021		285
2022		214
2023		144
Thereafter		235
		1,718
Less sublease income		(11	)
Total	$	1,707

Summary of the Activity in the Performance-Based Long-Term Incentive Program Since Inception (Detail) - Performance Based Stock Incentive Program - $ / shares	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding at beginning of the period, Shares	19,133,969	10,187,045	13,742,384
Granted, Shares	10,267,429	13,287,817	5,099,667
Vested, Shares	(2,843,657)	(1,211,764)	(6,556,274)
Forfeited, Shares	(6,616,631)	(3,129,129)	(2,098,732)
Outstanding at end of the period, Shares	19,941,110	19,133,969	10,187,045
Outstanding at beginning of the period, Weighted Average Grant-Date Price	$ 2.88	$ 4.42	$ 4.66
Granted, Weighted Average Grant-Date Price	3.10	2.37	4.18
Vested, Weighted Average Grant-Date Price	3.31	9.45	4.59
Forfeited, Weighted Average Grant-Date Price	2.89	3.12	4.67
Outstanding at end of the period, Weighted Average Grant-Date Price	$ 2.91	$ 2.88	$ 4.42

SEGMENT INFORMATION

12 Months Ended

Dec. 28, 2019

Segment Reporting [Abstract]

SEGMENT INFORMATION

NOTE 5. SEGMENT INFORMATION

At December 28, 2019, the Company had three reportable segments: Business Solutions Division, Retail Division and the CompuCom Division. The Business Solutions Division sells nationally branded as well as the Company’s private branded office supply and adjacency products and services to customers in the United States, Puerto Rico, the U.S. Virgin Islands, and Canada. Business Solutions Division customers are served through a dedicated sales force, catalogs, telesales, and electronically through the Company’s Internet websites. The Retail Division includes a chain of retail stores in the United States, Puerto Rico and the U.S. Virgin Islands, which sell office supplies, technology products and solutions, business machines and related supplies, print, cleaning, breakroom and facilities products, and office furniture as well as offer business services including copying, printing, mailing, shipping and technology support services. In addition, the print needs for retail and business customers are also facilitated through the Company’s regional print production centers. The CompuCom Division provides IT services and products to enterprise organizations in the United States and Canada, and offers a broad range of solutions including technology lifecycle management, end user computing and collaboration, service desk, remote technology monitoring and management, and IT workforce solutions.

The retained global sourcing operations previously included in the former International Division are not significant and have been presented as Other. Also included in Other is the elimination of intersegment revenues of $14 million and $11 million in 2019 and 2018, respectively. There were no intersegment revenues in 2017.

The products and services offered by the Business Solutions Division and the Retail Division are similar, but the CompuCom Division’s offerings are focused on IT services and related products. The Company’s three operating segments are its three reportable segments. The Business Solutions Division, the Retail Division and the CompuCom Division are managed separately as they represent separate channels in the way the Company serves its customers, and they are managed accordingly. The accounting policies for each segment are the same as those described in Note 1. Division operating income is determined based on the measure of performance reported internally to manage the business and for resource allocation. This measure charges to the respective Divisions those expenses considered directly or closely related to their operations and allocates support costs. Certain operating expenses and credits are not allocated to the Business Solutions Division, the Retail Division or the CompuCom Division, including asset impairments and merger and restructuring expenses, as well as expenses and credits retained at the Corporate level, including certain management costs and legacy pension and environmental matters. Other companies may charge more or less of these items to their segments and results may not be comparable to similarly titled measures used by other entities. In addition, the Company regularly evaluates the appropriateness of the reportable segments based on how the business is managed, including decision-making about resources allocation and assessing performance of the segments, particularly in light of organizational changes, merger and acquisition activity and changing laws and regulations. Therefore, the current reportable segments may change in the future.

A summary of significant accounts and balances by segment, reconciled to consolidated totals, after the elimination of discontinued operations for all periods is as follows.

(In millions)		Business Solutions Division		Retail Division		CompuCom Division			Other			Corporate and Discontinued Operations*		Consolidated Total
Sales	2019	$	5,279	$	4,363	$	994		$	11		$	—	$	10,647
	2018		5,282		4,641		1,086			6			—		11,015
	2017		5,108		4,962		156			14			—		10,240
Division operating income (loss)	2019		271		194		(2	)		—			—		463
	2018		243		193		17			(2	)		—		451
	2017		262		254		8			(3	)		—		521
Capital expenditures	2019		43		68		10			—			29		150
	2018		43		108		14			—			22		187
	2017		45		78		5			—			13		141
Depreciation and amortization	2019		66		91		39			—			8		204
	2018		64		83		38			—			7		192
	2017		62		78		5			—			14		159
Charges for losses on receivables and inventories	2019		—		25		1			—			—		26
	2018		3		32		2			—			—		37
	2017		8		62		—			—			—		70
Assets	2019		1,803		2,403		989			10			2,106		7,311
	2018		1,686		1,277		1,033			6			2,164		6,166

*	Amounts included in “Corporate and Discontinued Operations” consist of assets (including all cash and cash equivalents) and depreciation related to corporate activities of continuing operations.

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

(In millions)	2019			2018			2017
Division operating income	$	463		$	451		$	521
Add/(subtract):
Asset impairments		(56	)		(7	)		(4	)
Merger and restructuring expenses, net		(116	)		(72	)		(94	)
Legal expense accrual		—			(25	)		—
Unallocated expenses		(100	)		(93	)		(96	)
Interest income		23			25			22
Interest expense		(89	)		(121	)		(62	)
Loss on extinguishment and modification of debt		—			(15	)		—
Other income, net		21			15			12
Income from continuing operations before income taxes	$	146		$	158		$	299

Schedule of Debt (Detail) - USD ($) $ in Millions	Dec. 28, 2019	Dec. 29, 2018
Debt Instrument [Line Items]
Total	$ 106	$ 95
Total	575	690
Non-recourse debt, current maturities	735
Recourse Debt
Debt Instrument [Line Items]
Finance lease obligations	19	17
Other current maturities of long-term debt	87	78
Total	106	95
Finance lease obligations	58	55
Other financing obligations	8	48
Total	575	690
Recourse Debt \| Term Loan, due 2022
Debt Instrument [Line Items]
Long term debt	331	406
Unamortized debt issuance cost and discount	(13)	(19)
Term Loan, due 2022, net	318	387
Recourse Debt \| Revenue bonds, due in varying amounts periodically through 2029
Debt Instrument [Line Items]
Long term debt	176	186
Recourse Debt \| American & Foreign Power Company, Inc. 5% debentures, due 2030
Debt Instrument [Line Items]
Long term debt	15	14
Non-recourse debt — Timber notes
Debt Instrument [Line Items]
Long term debt		735
Unamortized premium		19
Term Loan, due 2022, net		$ 754
Non-recourse debt, current maturities	735
Non-recourse debt — Timber notes \| Term Loan, due 2020
Debt Instrument [Line Items]
Bridge Loan, due 2020	$ 735

Anticipated Benefit Payments (Detail) - United Kingdom $ in Millions	Dec. 28, 2019 USD ($)
Defined Benefit Plan Disclosure [Line Items]
2020	$ 11
2021	11
2022	12
2023	12
2024	12
Next five years	$ 66

Segment Information - Additional Information (Detail)	12 Months Ended
Segment Information - Additional Information (Detail)	Dec. 28, 2019 USD ($) Segment	Dec. 29, 2018 USD ($)	Dec. 30, 2017 USD ($)
Segment Reporting Information [Line Items]
Number of reportable segments	3
Number of operating segments	3
Intersegment Eliminations
Segment Reporting Information [Line Items]
Revenues \| $	$ 14,000,000	$ 11,000,000	$ 0

STOCKHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 28, 2019

Equity [Abstract]

Accumulated other comprehensive loss activity, net of tax, where applicable, is provided in the following tables:

(In millions)	Foreign Currency Translation Adjustments			Change in Deferred Pension and Other			Total
Balance at December 29, 2018	$	(50	)	$	(49	)	$	(99	)
Other comprehensive income activity		21			18			39
Tax impact		—			(6	)		(6	)
Total other comprehensive income, net of tax, where applicable		21			12			33
Balance at December 28, 2019	$	(29	)	$	(37	)	$	(66	)

(In millions)	Foreign Currency Translation Adjustments			Change in Deferred Pension and Other			Total
Balance at December 30, 2017	$	(43	)	$	(35	)	$	(78	)
Other comprehensive loss activity before reclassifications		(36	)		(23	)		(59	)
Reclassification of foreign currency translation adjustments realized upon disposal of business ^(a)		29			—			29
Tax impact		—			9			9
Total other comprehensive loss, net of tax, where applicable		(7	)		(14	)		(21	)
Balance at December 29, 2018	$	(50	)	$	(49	)	$	(99	)

^(a)	Relates to the disposition of the Company’s businesses in Australia and New Zealand in 2018.

Estimated Future Benefit Payments (Detail) - North America $ in Millions	Dec. 28, 2019 USD ($)
Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
2020	$ 80
2021	77
2022	74
2023	72
2024	69
Next five years	299
Other Benefits
Defined Benefit Plan Disclosure [Line Items]
2020	1
2021	1
2022	1
2023	1
2024	1
Next five years	$ 4

EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 28, 2019

Earnings Per Share [Abstract]

Calculation of Net Earnings Per Common Share

The following table presents the calculation of net earnings per common share — basic and diluted:

(In millions, except per share amounts)	2019		2018		2017
Basic Earnings Per Share
Numerator:
Net income from continuing operations	$	99	$	99	$	146
Income from discontinued operations, net of tax		—		5		35
Net income	$	99	$	104	$	181
Denominator:
Weighted-average shares outstanding		545		553		522
Basic earnings per share:
Continuing operations	$	0.18	$	0.18	$	0.28
Discontinued operations		—		0.01		0.07
Net basic earnings per share	$	0.18	$	0.19	$	0.35
Diluted Earnings Per Share
Numerator:
Net income from continuing operations	$	99	$	99	$	146
Income from discontinued operations, net of tax		—		5		35
Net income	$	99	$	104	$	181
Denominator:
Weighted-average shares outstanding		545		553		522
Effect of dilutive securities:
Stock options and restricted stock		8		11		13
Diluted weighted-average shares outstanding		553		564		535
Diluted earnings per share
Continuing operations	$	0.18	$	0.18	$	0.27
Discontinued operations		—		0.01		0.06
Net diluted earnings per share	$	0.18	$	0.19	$	0.34

Components of Net Periodic Pension (Benefit) Cost (Detail) - United Kingdom - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Defined Benefit Plan Disclosure [Line Items]
Interest cost	$ 6	$ 6	$ 6
Expected return on plan assets	(7)	(8)	(11)
Settlement gain		(1)
Net periodic cost (benefit)	$ (1)	$ (3)	$ (5)

Schedule of Maturities of Lease Liabilities Under Operating and Finance Leases (Detail)
$ in Millions

Dec. 28, 2019

USD ($)

Operating leases, Thereafter

Operating leases, 2020

$ 461

^[1]

Operating leases, 2021

383

^[1]

Operating leases, 2022

313

^[1]

Operating leases, 2023

243

^[1]

Operating leases, 2024

167

^[1]

336

^[1]

Operating leases, Total minimum payments

1,903

^[1]

Operating Leases, Less imputed interest

(322)

^[1]

Operating Leases, Total

1,581

^[1]

Finance Leases, Thereafter

1,208

^[1]

^[2]

^[2]

^[2]

^[2]

^[2]

^[2]

Finance leases, Total minimum payments

^[2]

Finance Leases, Less imputed interest

(13)

^[2]

Finance Leases, Total

^[2]

Accrued Expenses and Other Current Liabilities

Operating Leases, Current

373

^[1]

Short-Term Borrowings and Current Maturities of Long-Term Debt

Long-Term Debt, Net of Current Maturities

Finance Leases, Current

^[2]

Finance Leases, Non-current

$ 58

^[2]

[1]	Operating lease payments include $116 million related to options to extend lease terms that are reasonably certain of being exercised and exclude $8 million of legally binding lease payments for 3 additional operating leases signed but not yet commenced. These operating leases will commence in fiscal year 2020 with lease terms of 10 years.
[2]	Finance lease payments include $17 million related to options to extend lease terms that are reasonably certain of being exercised.

Fair Value of Pension Plan Assets (Detail) - Pension Benefits - North America - USD ($) $ in Millions	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Defined Benefit Plan Plan Assets Category [Line Items]
Fair value of plan assets	$ 833	$ 780	$ 908
Fair Value Measured at Net Asset Value Per Share
Defined Benefit Plan Plan Assets Category [Line Items]
Fair value of plan assets	825	773
Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Plan Assets Category [Line Items]
Fair value of plan assets	8	7
U.S. Small And Mid-Cap Equity Securities \| Fair Value Measured at Net Asset Value Per Share
Defined Benefit Plan Plan Assets Category [Line Items]
Fair value of plan assets	24	14
U.S. Large Cap Equity Securities \| Fair Value Measured at Net Asset Value Per Share
Defined Benefit Plan Plan Assets Category [Line Items]
Fair value of plan assets	96	70
International Equity Securities \| Fair Value Measured at Net Asset Value Per Share
Defined Benefit Plan Plan Assets Category [Line Items]
Fair value of plan assets	138	135
Corporate Bonds \| Fair Value Measured at Net Asset Value Per Share
Defined Benefit Plan Plan Assets Category [Line Items]
Fair value of plan assets	457	375
Government Securities \| Fair Value Measured at Net Asset Value Per Share
Defined Benefit Plan Plan Assets Category [Line Items]
Fair value of plan assets	93	161
Other Fixed Income \| Fair Value Measured at Net Asset Value Per Share
Defined Benefit Plan Plan Assets Category [Line Items]
Fair value of plan assets	4	7
Cash
Defined Benefit Plan Plan Assets Category [Line Items]
Fair value of plan assets	8	7
Cash \| Fair Value Measured at Net Asset Value Per Share
Defined Benefit Plan Plan Assets Category [Line Items]
Fair value of plan assets	13	11
Cash \| Quoted Prices in Active Markets for Identical Assets (Level 1)
Defined Benefit Plan Plan Assets Category [Line Items]
Fair value of plan assets		7
Common Collective Trust Funds \| Fair Value Measured at Net Asset Value Per Share
Defined Benefit Plan Plan Assets Category [Line Items]
Fair value of plan assets	$ 825	$ 773

Assumed Healthcare Cost Trend Rates (Detail) - North America	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Weighted average assumptions as of year-end:
Healthcare cost trend rate assumed for next year	6.20%	6.40%	6.60%
Rate to which the cost trend rate is assumed to decline (the ultimate trend rate)	4.50%	4.50%	4.50%
Year that the rate reaches the ultimate trend rate	2029	2029	2029

EMPLOYEE BENEFIT PLANS (Tables)

12 Months Ended

Dec. 28, 2019

Compensation And Retirement Disclosure [Abstract]

Changes in Pension and Other Postretirement Benefit Obligations, Plan Assets and Funded Status

	Pension Benefits						Other Benefits
(In millions)	2019			2018			2019			2018
Changes in projected benefit obligation:
Obligation at beginning of period	$	880		$	979		$	12		$	14
Service cost		7			4			—			—
Interest cost		36			35			—			1
Assumption changes		—			—			1			(1	)
Actuarial (gain) loss		91			(51	)		—			—
Currency exchange rate change		—			—			1			(1	)
Benefits paid		(108	)		(87	)		(1	)		(1	)
Obligation at end of period	$	906		$	880		$	13		$	12
Change in plan assets:
Fair value of plan assets at beginning of period	$	780		$	908		$	—		$	—
Actual return (loss) on plan assets		159			(46	)		—			—
Employer contribution		2			5			1			1
Benefits paid		(108	)		(87	)		(1	)		(1	)
Fair value of plan assets at end of period		833			780			—			—
Net liability recognized at end of period	$	(73	)	$	(100	)	$	(13	)	$	(12	)

(In millions)	2019			2018
Changes in projected benefit obligation:
Obligation at beginning of period	$	203		$	249
Service cost		—			—
Interest cost		6			6
Plan amendments		—			2
Plan settlements		—			(7	)
Benefits paid		(10	)		(5	)
Actuarial (gain) loss		31			(29	)
Currency translation		6			(13	)
Obligation at end of period		236			203
Changes in plan assets:
Fair value of plan assets at beginning of period		282			313
Actual return (loss) on plan assets		29			(3	)
Company contributions		2			2
Plan settlements		—			(7	)
Benefits paid		(10	)		(5	)
Currency translation		9			(18	)
Fair value of plan assets at end of period		312			282
Net asset recognized at end of period	$	76		$	79

Amount Recognized in Consolidated Balance Sheets Related to Defined Benefit Pension and Other Postretirement Benefit Plans

	Pension Benefits						Other Benefits
(In millions)	2019			2018			2019			2018
Noncurrent assets	$	—		$	—		$	—		$	—
Current liabilities		(2	)		(2	)		(1	)		(1	)
Noncurrent liabilities		(71	)		(98	)		(12	)		(11	)
Net amount recognized	$	(73	)	$	(100	)	$	(13	)	$	(12	)

Components of Net Periodic Cost (Benefit)

The components of net periodic cost (benefit) are as follows:

	Pension Benefits									Other Benefits
(In millions)	2019			2018			2017			2019		2018		2017
Service cost	$	7		$	4		$	6		$	—	$	—	$	—
Interest cost		36			35			39			—		1		1
Expected return on plan assets		(42	)		(43	)		(48	)		—		—		—
Net periodic cost (benefit)	$	1		$	(4	)	$	(3	)	$	—	$	1	$	1

The components of net periodic benefit are presented below:

(In millions)	2019			2018			2017
Service cost	$	—		$	—		$	—
Interest cost		6			6			6
Expected return on plan assets		(7	)		(8	)		(11	)
Settlement gain		—			(1	)		—
Net periodic pension benefit	$	(1	)	$	(3	)	$	(5	)

Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Loss (Income)

Other changes in plan assets and benefit obligations recognized in other comprehensive loss (income) are as follows:

	Pension Benefits									Other Benefits
(In millions)	2019			2018			2017			2019			2018			2017
Accumulated other comprehensive loss (income) at beginning of year	$	35		$	(2	)	$	38		$	(1	)	$	—		$	(1	)
Net loss (gain)		(26	)		37			(40	)		1			(1	)		1
Accumulated other comprehensive loss (income) at end of year	$	9		$	35		$	(2	)	$	—		$	(1	)	$	—

Weighted Average Assumptions Used in the Measurement of Benefit Obligations and Net Periodic Cost (Benefit)

The following table presents the key weighted average assumptions used in the measurement of the Company’s benefit obligations as of year-ends:

										Other Benefits
	Pension Benefits									United States									Canada
	2019			2018			2017			2019			2018			2017			2019			2018			2017
Discount rate		3.26	%		4.31	%		3.71	%		2.80	%		3.90	%		3.30	%		3.10	%		3.90	%		3.40	%

The following table presents the weighted average assumptions used in the measurement of net periodic benefit:

										Other Benefits
	Pension Benefits									United States									Canada
	2019			2018			2017			2019			2018			2017			2019			2018			2017
Discount rate		4.31	%		3.71	%		4.11	%		3.90	%		3.30	%		3.60	%		3.90	%		3.40	%		3.80	%
Expected long-term rate of return on plan assets		5.44	%		5.28	%		5.76	%		—	%		—	%		—	%		—	%		—	%		—	%

Assumptions used in calculating the funded status and net periodic benefit included:

	2019			2018			2017
Expected long-term rate of return on plan assets		1.76	%		2.61	%		2.64	%
Discount rate		2.10	%		3.00	%		2.60	%
Inflation		2.90	%		3.10	%		3.10	%

Assumed Healthcare Cost Trend Rates

The following table presents the assumed healthcare cost trend rates used in measuring the Company’s postretirement benefit obligations at year-ends:

	2019			2018			2017
Weighted average assumptions as of year-end:
Healthcare cost trend rate assumed for next year		6.20	%		6.40	%		6.60	%
Rate to which the cost trend rate is assumed to decline (the ultimate trend rate)		4.50	%		4.50	%		4.50	%
Year that the rate reaches the ultimate trend rate	2029			2029			2029

Allocation of Plan Assets Table

The allocation of pension plan assets by category at year-ends is as follows:

	2019			2018
Cash		1	%		1	%
Common collective trust funds		99	%		99	%
		100	%		100	%

The allocation of Plan assets is as follows:

	2019			2018
Cash		—	%		—	%
Equity securities		18	%		19	%
Fixed-income securities		82	%		81	%
Total		100	%		100	%

Schedule of Fair Value of Plan Assets by Assets Category

The following table presents the pension plan assets by level within the fair value hierarchy at year-ends.

(In millions)	Fair Value Measurements 2019
Asset Category	Total		Assets Measured at NAV ^(a)		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Plan assets measured at net asset value: ^(a)
Common collective trust funds:
U.S. small and mid-cap equity securities	$	24	$	24	$	—	$	—	$	—
U.S. large cap equity securities		96		96		—		—		—
International equity securities		138		138		—		—		—
Corporate bonds		457		457		—		—		—
Government securities		93		93		—		—		—
Other fixed-income		4		4		—		—		—
Cash		13		13		—		—		—
Total common collective trust funds		825		825		—		—		—
Total plan assets measured at net asset value		825		825		—		—		—
Plan assets measured in the fair value hierarchy:
Cash		8		—		8		—		—
Total plan assets measured in the fair value hierarchy		8		—		8		—		—
Total plan assets	$	833	$	825	$	8	$	—	$	—

^(a)

(In millions)	Fair Value Measurements 2018
Asset Category	Total		Assets Measured at NAV ^(a)		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Plan assets measured at net asset value: ^(a)
Common collective trust funds:
U.S. small and mid-cap equity securities	$	14	$	14	$	—	$	—	$	—
U.S. large cap equity securities		70		70		—		—		—
International equity securities		135		135		—		—		—
Corporate bonds		375		375		—		—		—
Government securities		161		161		—		—		—
Other fixed-income		7		7		—		—		—
Cash		11		11		—		—		—
Total common collective trust funds		773		773		—		—		—
Total plan assets measured at net asset value		773		773		—		—		—
Plan assets measured in the fair value hierarchy:
Cash		7		—		7		—		—
Total plan assets measured in the fair value hierarchy		7		—		7		—		—
Total plan assets	$	780	$	773	$	7	$	—	$	—

^(a)

The following table presents the pension plan assets by level within the fair value hierarchy.

(In millions)	Fair Value Measurements 2019
Asset Category	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Cash	$	1	$	1	$	—	$	—
Equity securities
Developed market equity funds		8		8		—		—
Emerging market equity funds		4		4		—		—
Mutual funds real estate		18		—		—		18
Mutual funds		25		—		25		—
Total equity securities		55		12		25		18
Fixed-income securities
UK debt funds		107		—		107		—
Liability term matching debt funds		128		—		128		—
Emerging market debt fund		1		—		1		—
High yield debt		20		—		20		—
Total fixed-income securities		256		—		256		—
Total	$	312	$	13	$	281	$	18

(In millions)	Fair Value Measurements 2018
Asset Category	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Cash	$	1	$	1	$	—	$	—
Equity securities
Developed market equity funds		8		8		—		—
Emerging market equity funds		4		4		—		—
Mutual funds real estate		19		—		—		19
Mutual funds		23		—		23		—
Total equity securities		54		12		23		19
Fixed-income securities
UK debt funds		91		—		91		—
Liability term matching debt funds		115		—		115		—
Emerging market debt fund		3		—		3		—
High yield debt		18		—		18		—
Total fixed-income securities		227		—		227		—
Total	$	282	$	13	$	250	$	19

Anticipated Benefit Payments

Anticipated benefit payments by year are as follows:

(In millions)	Pension Benefits		Other Benefits
2020	$	80	$	1
2021		77		1
2022		74		1
2023		72		1
2024		69		1
Next five years		299		4

Anticipated benefit payments for the European pension plan, at 2019 year-end exchange rates, are as follows:

(In millions)	Benefit Payments
2020	$	11
2021		11
2022		12
2023		12
2024		12
Next five years		66

Reconciliation of the Change in Fair Value of the Pension Plan Assets Calculated based on Level 3 Inputs

The following is a reconciliation of the change in fair value of the pension plan assets calculated based on Level 3 inputs:

(In millions)	Total
Balance at December 29, 2018	$	19
Net sales		(1	)
Balance at December 28, 2019	$	18

Document and Entity Information - USD ($)	12 Months Ended
Document and Entity Information - USD ($)	Dec. 28, 2019	Feb. 19, 2020	Jun. 28, 2019
Cover [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 28, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	FY
Trading Symbol	ODP
Entity Registrant Name	Office Depot, Inc.
Entity Central Index Key	0000800240
Current Fiscal Year End Date	--12-28
Entity Well-known Seasoned Issuer	Yes
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding		528,121,055
Entity Public Float			$ 1,109,692,554
Entity Shell Company	false
Entity File Number	1-10948
Entity Tax Identification Number	59-2663954
Entity Address, Address Line One	6600 North Military Trail
Entity Address, City or Town	Boca Raton
Entity Address, State or Province	FL
Entity Address, Postal Zip Code	33496
City Area Code	561
Local Phone Number	438-4800
Document Annual Report	true
Document Transition Report	false
Entity Interactive Data Current	Yes
Entity Incorporation, State or Country Code	DE
Title of 12(b) Security	Common Stock, par value $0.01 per share
Security Exchange Name	NASDAQ
Documents Incorporated by Reference	Documents Incorporated by Reference: Certain information required for Part III of this Annual Report on Form 10-K is incorporated by reference to the Office Depot, Inc. definitive Proxy Statement for the registrant’s 2020 Annual Meeting of Shareholders, to be filed with the Securities and Exchange Commission within 120 days after close of the registrant’s fiscal year.

REVENUE RECOGNITION (Tables)

12 Months Ended

Dec. 28, 2019

Revenue From Contract With Customer [Abstract]

Summary of Disaggregated Revenue by Division, Major Product and Service Categories

The following table provides information about disaggregated revenue by Division, and major products and services categories.

	2019
(In millions)	Business Solutions Division		Retail Division		CompuCom Division		Other			Total
Major products and services categories
Products
Supplies	$	2,961	$	1,670	$	—	$	16		$	4,647
Technology		1,236		1,702		271		2			3,211
Furniture and other		750		421		—		5			1,176
Services
Technology		—		29		709		(14	)		724
Copy, print, and other		332		541		14		2			889
Total	$	5,279	$	4,363	$	994	$	11		$	10,647

	2018
(In millions)	Business Solutions Division		Retail Division		CompuCom Division		Other			Total
Major products and services categories
Products
Supplies	$	2,942	$	1,753	$	—	$	10		$	4,705
Technology		1,307		1,938		233		(7	)		3,471
Furniture and other		725		414		—		7			1,146
Services
Technology		1		28		843		(4	)		868
Copy, print, and other		307		508		10		—			825
Total	$	5,282	$	4,641	$	1,086	$	6		$	11,015

	2017
(In millions)	Business Solutions Division		Retail Division		CompuCom Division		Other			Total
Major products and services categories
Products
Supplies	$	2,805	$	1,801	$	—	$	7		$	4,613
Technology		1,360		2,155		34		1			3,550
Furniture and other		678		473		—		6			1,157
Services
Technology		—		38		119		—			157
Copy, print, and other		265		495		3		—			763
Total	$	5,108	$	4,962	$	156	$	14		$	10,240

Summary of Receivables, Contract Assets and Contract Liabilities from Contracts with Customers

The following table provides information about receivables, contract assets and contract liabilities from contracts with customers:

	December 28,		December 29,
(In millions)	2019		2018
Trade receivables, net	$	599	$	655
Short-term contract assets		23		22
Long-term contract assets		17		17
Short-term contract liabilities		52		52
Long-term contract liabilities		1		1

DEBT

12 Months Ended

Dec. 28, 2019

Quarterly Financial Information Disclosure [Abstract]

DEBT

NOTE 11. DEBT

Debt consists of the following:

	December 28,			December 29,
(In millions)	2019			2018
Recourse debt:
Short-term borrowings and current maturities of long-term debt:
Finance lease obligations	$	19		$	17
Other current maturities of long-term debt		87			78
Total	$	106		$	95
Long-term debt, net of current maturities:
Term Loan, due 2022	$	331		$	406
Unamortized debt issuance cost and discount		(13	)		(19	)
Term Loan, due 2022, net		318			387
Revenue bonds, due in varying amounts periodically through 2029		176			186
American & Foreign Power Company, Inc. 5% debentures, due 2030		15			14
Finance lease obligations		58			55
Other financing obligations		8			48
Total	$	575		$	690
Non-recourse debt — Timber notes:
Non-recourse debt, current maturities:
Bridge Loan, due 2020 — Refer to Note 10	$	735		$	—
Non-recourse debt:
5.42% Securitization Notes, due 2019 — Refer to Note 10		—			735
Unamortized premium		—			19
Total	$	735		$	754

The Company was in compliance with all applicable financial covenants of existing loan agreements at December 28, 2019.

AMENDED CREDIT AGREEMENT

On May 25, 2011, the Company entered into an Amended and Restated Credit Agreement with a group of lenders. Additional amendments to the Amended and Restated Credit Agreement have been entered into and were effective February 2012, March 2013, November 2013, May 2015, May 2016, December 2016, and November 2017 (the Amended and Restated Credit Agreement including all amendments is referred to as the “Amended Credit Agreement”). The Amended Credit Agreement provides for an asset based, multi-currency revolving credit facility of up to $1.2 billion (the “Facility”). The Amended Credit Agreement also provides that the Facility may be increased by up to $250 million, subject to certain terms and conditions, including obtaining increased commitments from existing or new lenders. The amount that can be drawn on the Facility at any given time is determined based on percentages of certain accounts receivable, inventory and credit card receivables (the “Borrowing Base”). The Facility includes a sub-facility of up to $200 million which is available to the Company and certain of the Company’s Canadian subsidiaries. Certain of the Company’s domestic subsidiaries guarantee the obligations under the Facility (the “Domestic Guarantors”). The Amended Credit Agreement also provides for a letter of credit sub-facility of up to $400 million, as well as a swingline loan sub-facility of up to $125 million to the Company. All loans borrowed under the Facility may be borrowed, repaid and reborrowed from time to time until the maturity date of May 13, 2021 as provided in the Amended Credit Agreement.

All amounts borrowed under the Facility, as well as the obligations of the Domestic Guarantors, are secured by a first priority lien on the Company’s and such Domestic Guarantors’ accounts receivables, inventory, cash, cash equivalents and deposit. At the Company’s option, borrowings made pursuant to the Facility bear interest at either, (i) the alternate base rate (defined as the higher of the Prime Rate (as announced by the Agent), the Federal Funds Rate plus 1/2 of 1% and the one month Adjusted LIBOR (defined below) and 1%) or (ii) the Adjusted LIBOR (defined as the LIBOR as adjusted for statutory reserves) plus, in either case, a certain margin based on the aggregate average availability under the Facility.

The Amended Credit Agreement contains representations, warranties, affirmative and negative covenants, and default provisions which are conditions precedent to borrowing. The most significant of these covenants and default provisions include limitations in certain circumstances on acquisitions, dispositions, share repurchases and the payment of cash dividends.

The Facility also includes provisions whereby if the global availability is less than $150 million, the Company’s cash collections go first to the agent to satisfy outstanding borrowings. Further, if total availability falls below $125 million, a fixed charge coverage ratio test is required. Any event of default that is not cured within the permitted period, including non-payment of amounts when due, any debt in excess of $25 million becoming due before the scheduled maturity date, or the acquisition of more than 40% of the ownership of the Company by any person or group, within the meaning of the Securities and Exchange Act of 1934, could result in a termination of the Facility and all amounts outstanding becoming immediately due and payable.

At December 28, 2019, the Company had $920 million of available credit under the Facility based on the December 2019 Borrowing Base certificate. At December 28, 2019, no amounts were outstanding under the Facility. Letters of credit outstanding under the Facility totaled $65 million. There were no borrowings under the Facility during 2019.

TERM LOAN

In connection with the consummation of the acquisition of CompuCom, the Company entered into a credit agreement, dated as of November 8, 2017 (the “Term Loan Credit Agreement”), which provides for a $750 million term loan facility with a maturity date of November 8, 2022. The loans under the Term Loan Credit Agreement were issued with an original issue discount, at an issue price of 97.00%, and the Company incurred approximately $12 million of debt issuance costs. The loans under the Term Loan Credit Agreement incurred interest at a rate per annum equal to LIBOR plus 7.00% (or an alternative base rate plus 6.00%). The net proceeds of the loans under the Term Loan Credit Agreement were used to refinance certain indebtedness of CompuCom and to pay fees and expenses in connection with the acquisition of CompuCom and the related transactions.

On November 21, 2018, the Company entered into the First Amendment (the “First Amendment”) to the Term Loan Credit Agreement to reduce the applicable interest rate from LIBOR plus 7.00% to LIBOR plus 5.25%. All other material provisions of the Term Loan Credit Agreement remain unchanged. In connection with the applicable interest rate reduction, the Company also made a voluntary repayment under the Term Loan Credit Agreement in the amount of $194 million. As a result, the Company recognized a $15 million loss on modification of debt, which consisted of the 1.00% prepayment premium and the write-off of unamortized deferred financing costs and original issue discount in an amount proportional to the term loan repaid.

The Term Loan Credit Agreement is fully and unconditionally guaranteed by substantially all of the Company’s direct and indirect U.S. subsidiaries, including CompuCom and substantially all of its U.S. subsidiaries, subject to certain exceptions (collectively, the “Guarantors”). The obligations under the Term Loan Credit Agreement are secured by a security interest in substantially all of the assets of the Company and the Guarantors, subject to certain exceptions. Pursuant to an intercreditor agreement, the lenders and other secured parties under the Term Loan Credit Agreement have a first priority lien on certain assets constituting term priority collateral, and a second priority lien on certain assets constituting priority collateral for the Amended Credit Agreement.

The loans under the Term Loan Credit Agreement amortize quarterly beginning March 15, 2018 at the rate of approximately $19 million per quarter, with the balance payable at maturity. The Term Loan Credit Agreement also requires mandatory prepayments in connection with certain asset sales as well as potential additional mandatory prepayments from specified percentages of the Company’s excess cash flow, subject to certain exceptions.

The Term Loan Credit Agreement contains representations and warranties, events of default, and affirmative and negative covenants that are customary for similar financings and which include, among other things and subject to certain significant exceptions, restrictions on the ability to declare or pay dividends, repurchase common stock, create liens, incur additional indebtedness, make investments, dispose of assets, and merge or consolidate with any other person. In addition, a minimum liquidity maintenance covenant, requiring the Company and its restricted subsidiaries to retain unrestricted cash, cash equivalents, and availability under the Company’s Amended Credit Agreement in an aggregate amount of at least $400 million, will apply at any time that the Company’s senior secured leverage ratio under the agreement is greater than 1.50:1.00 as calculated quarterly. At December 28, 2019, the Company’s senior secured leverage ratio was 0.69:1.00 and the Company was in compliance with the agreement.

OTHER SHORT- AND LONG-TERM DEBT

As a result of the OfficeMax merger, the Company assumed the liability for the amounts in the table above related to the (i) Revenue bonds, due in varying amounts periodically through 2029, and (ii) American & Foreign Power Company, Inc. 5% debentures, due 2030. Also, the Company has finance lease obligations which relate to buildings and equipment, and various other financing obligations for the amounts included in the table above.

SCHEDULE OF DEBT MATURITIES

Aggregate annual maturities of recourse debt, finance lease, and other financing obligations are as follows:

(In millions)
2020	$	110
2021		99
2022		297
2023		94
2024		8
Thereafter		99
Total		707
Less interest on finance leases		(13	)
Total		694
Less:
Current portion		(106	)
Unamortized debt issuance cost and discount		(13	)
Total long-term debt	$	575

NON-RECOURSE DEBT

Refer to Note 10 for further information on non-recourse debt.

Schedule of Debt (Parenthetical) (Detail)	12 Months Ended
Schedule of Debt (Parenthetical) (Detail)	Dec. 28, 2019	Dec. 29, 2018	Nov. 05, 2013
Non-recourse debt — Timber notes
Debt Instrument [Line Items]
Long term debt, interest rate		5.42%	5.42%
Long term debt, due date		2019
Term Loan, due 2020 \| Non-recourse debt — Timber notes
Debt Instrument [Line Items]
Long term debt, due date	2020
Term Loan, due 2022 \| Recourse Debt
Debt Instrument [Line Items]
Long term debt, due date	2022	2022
Revenue bonds, due in varying amounts periodically through 2029 \| Recourse Debt
Debt Instrument [Line Items]
Long term debt, due date	2029	2029
American & Foreign Power Company, Inc. 5% debentures, due 2030 \| Recourse Debt
Debt Instrument [Line Items]
Long term debt, interest rate	5.00%	5.00%
Long term debt, due date	2030	2030

Allocation of Pension Plan Assets by Category (Detail)	Dec. 28, 2019	Dec. 29, 2018
Defined Benefit Plan Disclosure [Line Items]
Percentage of Plan Assets	100.00%	100.00%
Cash
Defined Benefit Plan Disclosure [Line Items]
Percentage of Plan Assets	1.00%	1.00%
Common Collective Trust Funds
Defined Benefit Plan Disclosure [Line Items]
Percentage of Plan Assets	99.00%	99.00%

Schedule of Quarterly Financial Data (Detail) - USD ($)
$ / shares in Units, $ in Millions

3 Months Ended

12 Months Ended

Dec. 28, 2019

^[1]

Sep. 28, 2019

^[1]

Jun. 29, 2019

^[1]

Mar. 30, 2019

^[1]

Dec. 29, 2018

^[1]

Sep. 29, 2018

^[1]

Jun. 30, 2018

^[1]

Mar. 31, 2018

^[1]

Dec. 28, 2019

Dec. 29, 2018

Dec. 30, 2017

Net sales

$ 2,508

$ 2,782

$ 2,588

$ 2,769

$ 2,670

$ 2,887

$ 2,628

$ 2,830

$ 10,647

$ 11,015

$ 10,240

Gross profit

571

667

585

641

602

686

596

667

2,464

2,551

2,461

Operating income (loss)

^[2]

108

^[2]

(15)

^[2]

^[3]

105

^[3]

191

254

327

Net income (loss) from continuing operations

(14)

^[4]

146

Discontinued operations, net of tax

(3)

Net income (loss)

$ 55

$ 60

$ (24)

$ 8

$ (14)

$ 60

$ 16

$ 41

$ 99

$ 104

$ 181

Net earnings (loss) per share

Net basic earnings (loss) per share

$ 0.10

^[5]

$ 0.11

^[5]

$ (0.04)

^[5]

$ 0.01

^[5]

$ (0.02)

^[5]

$ 0.11

^[5]

$ 0.03

^[5]

$ 0.07

^[5]

$ 0.18

$ 0.19

$ 0.35

Net diluted earnings (loss) per share

0.10

^[5]

0.11

^[5]

(0.04)

^[5]

0.01

^[5]

(0.02)

^[5]

0.11

^[5]

0.03

^[5]

0.07

^[5]

0.18

0.19

0.34

Basic Earnings Per Share

(0.02)

^[5]

0.11

^[5]

0.03

^[5]

0.06

^[5]

0.18

0.28

Net basic earnings (loss) per share

0.01

^[5]

0.01

0.07

0.10

^[5]

0.11

^[5]

(0.04)

^[5]

0.01

^[5]

(0.02)

^[5]

0.11

^[5]

0.03

^[5]

0.07

^[5]

0.18

0.19

0.35

Diluted Earnings Per Share

(0.02)

^[5]

0.11

^[5]

0.03

^[5]

0.06

^[5]

0.18

0.27

Net diluted earnings (loss) per share

0.01

^[5]

0.01

0.06

$ 0.10

^[5]

$ 0.11

^[5]

$ (0.04)

^[5]

$ 0.01

^[5]

$ (0.02)

^[5]

$ 0.11

^[5]

$ 0.03

^[5]

$ 0.07

^[5]

$ 0.18

$ 0.19

$ 0.34

[1]	Due to rounding, the sum of the quarterly amounts may not equal the reported amounts for the year.
[2]	Includes Merger and restructuring expenses, net totaling $14 million, $69 million, $22 million and $11 million in the first, second, third and fourth quarters of 2019, respectively. The first, second, third and fourth quarters of 2019 also include asset impairments of $29 million, $16 million, $5 million and $6 million, respectively.
[3]	Includes Merger and restructuring expenses, net totaling $17 million, $14 million, $14 million and $27 million in the first, second, third and fourth quarters of 2018, respectively. The fourth quarter of 2018 also includes asset impairments of $7 million and a legal expense of $25 million.
[4]	Includes a loss on debt modification of $15 million and a tax benefit of $4 million due to a book-to-tax basis difference related to the sale of Clearpath Holdings, LLC in the fourth quarter of 2018.
[5]	The sum of the quarterly earnings per share does not equal the annual earnings per share due to differences in quarterly and annual weighted-average shares outstanding.

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Millions

12 Months Ended

Dec. 28, 2019

Dec. 29, 2018

Dec. 30, 2017

Statement Of Income And Comprehensive Income [Abstract]

Net income

$ 99

$ 104

$ 181

Other comprehensive income (loss), net of tax, where applicable:

Foreign currency translation adjustments

(36)

Reclassification of foreign currency translation adjustments realized upon disposal of businesses

^[1]

(1)

Change in deferred pension, net of $6 million, $9 million and $15 million of deferred income taxes in 2019, 2018 and 2017, respectively

(14)

Other

(1)

Total other comprehensive income (loss), net of tax, where applicable

(21)

Comprehensive income

$ 132

$ 83

$ 232

[1]	Relates to the disposition of the Company’s businesses in Australia and New Zealand in 2018.

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

CONSOLIDATED STATEMENTS OF CASH FLOWS $ in Millions	12 Months Ended
CONSOLIDATED STATEMENTS OF CASH FLOWS $ in Millions	Dec. 28, 2019 USD ($)	Dec. 29, 2018 USD ($)	Dec. 30, 2017 USD ($)
Cash flows from operating activities of continuing operations:
Net income	$ 99	$ 104	$ 181
Income from discontinued operations, net of tax		5	35
Net income from continuing operations	99	99	146
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	204	192	159
Amortization of debt discount and issuance costs	8	10	3
Charges for losses on receivables and inventories	26	37	70
Asset impairments	56	7	4
Gain on disposition of assets, net	(23)	(5)	(4)
Loss on extinguishment and modification of debt		15
Compensation expense for share-based payments	33	27	28
Deferred income taxes and deferred tax asset valuation allowances	100	40	137
Contingent consideration payments in excess of acquisition-date liability	(11)
Changes in assets and liabilities:
Decrease in receivables	63	43	15
Decrease (increase) in inventories	19	(2)	160
Net decrease in prepaid expenses, operating lease right-of-use assets, and other assets	321	4	2
Net increase (decrease) in trade accounts payable, accrued expenses, operating lease liabilities, and other current and other long-term liabilities	(532)	140	(252)
Other operating activities	3	9	(1)
Total adjustments	267	517	321
Net cash provided by operating activities of continuing operations	366	616	467
Cash flows from investing activities of continuing operations:
Capital expenditures	(150)	(187)	(141)
Businesses acquired, net of cash acquired	(22)	(81)	(872)
Proceeds from disposition of assets	50	15	30
Purchase of leased head office facility			(42)
Other investing activities	3	4	(5)
Net cash used in investing activities of continuing operations	(119)	(249)	(1,030)
Cash flows from financing activities of continuing operations:
Net payments on long and short-term borrowings	(98)	(97)	(31)
Cash used in extinguishment and modification of debt		(7)
Debt retirement	(735)	(194)
Debt issuance	736		728
Cash dividends on common stock	(55)	(55)	(53)
Share purchases for taxes, net of proceeds from employee share-based transactions	(9)	(3)	(17)
Repurchase of common stock for treasury	(40)	(39)	(56)
Contingent consideration payments up to amount of acquisition-date liability	(12)
Acquisition of non-controlling interest		(18)
Payment to extinguish finance lease obligation			(92)
Other financing activities	1	(1)	(6)
Net cash provided by (used in) financing activities of continuing operations	(212)	(414)	473
Cash flows from discontinued operations:
Operating activities of discontinued operations	0	11	(9)
Investing activities of discontinued operations	0	66	(68)
Financing activities of discontinued operations	0	0	(8)
Net cash provided by (used in) discontinued operations		77	(85)
Effect of exchange rate changes on cash and cash equivalents	5	(9)	7
Net increase (decrease) in cash, cash equivalents and restricted cash	40	21	(168)
Cash, cash equivalents and restricted cash at beginning of period	660	639	807
Cash, cash equivalents and restricted cash at end of period	700	660	639
Cash and cash equivalents of discontinued operations			14
Cash, cash equivalents and restricted cash at end of period — continuing operations	700	660	625
Supplemental information on operating, investing, and financing activities
Cash interest paid, net of amounts capitalized and Timber notes/Non-recourse debt	61	93	34
Cash taxes paid (refunded), net	(43)	(5)	18
Non-cash asset additions under finance leases	$ 27	$ 24	$ 5

LEASES (Tables)

12 Months Ended

Dec. 28, 2019

Leases [Abstract]

Components of Lease Expense

The components of lease expense were as follows:

(In millions)	2019
Finance lease cost:
Amortization of right-of-use assets	$	17
Interest on lease liabilities		5
Operating lease cost		433
Short-term lease cost		7
Variable lease cost		121
Sublease income		(3	)
Total lease cost	$	580

Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases was as follows:

(In millions)	2019
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from finance leases	$	5
Operating cash flows from operating leases		489
Financing cash flows from finance leases		21
Right-of-use assets obtained in exchange for new finance lease liabilities		27
Right-of-use assets obtained in exchange for new operating lease liabilities		338

Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases was as follows:

	December 28,
(In millions, except lease term and discount rate)	2019
Property and equipment, net	$	52
Operating lease right-of-use assets		1,413
Accrued expenses and other current liabilities		373
Short-term borrowings and current maturities of long-term debt		19
Long-term debt, net of current maturities		58
Operating lease liabilities		1,208
Weighted-average remaining lease term – finance leases	5 years
Weighted-average remaining lease term – operating leases	5 years
Weighted-average discount rate – finance leases		6.2	%
Weighted-average discount rate – operating leases		6.6	%

Schedule of Maturities of Lease Liabilities Under Operating and Finance Leases

Maturities of lease liabilities as of December 28, 2019 were as follows:

	December 28, 2019
	Operating			Finance
(In millions)	Leases⁽¹⁾			Leases⁽²⁾
2020	$	461		$	23
2021		383			21
2022		313			17
2023		243			13
2024		167			7
Thereafter		336			9
		1,903			90
Less imputed interest		(322	)		(13	)
Total	$	1,581		$	77

Reported as of December 28, 2019
Accrued expenses and other current liabilities	$	373		$	—
Short-term borrowings and current maturities of long-term debt		—			19
Long-term debt, net of current maturities		—			58
Operating lease liabilities		1,208			—
Total	$	1,581		$	77

(1)

(2)	Finance lease payments include $17 million related to options to extend lease terms that are reasonably certain of being exercised.

Future Minimum Lease Payments due under Non-Cancelable Portions of Leases

The table below represents future minimum lease payments due under the non-cancelable portions of leases including facility leases that were accrued as store closure costs as of December 29, 2018. The table was updated from the version previously included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 29, 2018 within the Notes to Consolidated Financial Statements to adjust for certain inconsistencies that management identified in the first quarter of fiscal year 2019 during the implementation of ASC 842, Leases. Specifically, the Company corrected the schedule to include additional lease commitments for option periods at the time of execution as opposed to the original extension date.

	December 29,
(In millions)	2018
2019	$	466
2020		374
2021		285
2022		214
2023		144
Thereafter		235
		1,718
Less sublease income		(11	)
Total	$	1,707

FAIR VALUE MEASUREMENTS

12 Months Ended

Dec. 28, 2019

Fair Value Disclosures [Abstract]

FAIR VALUE MEASUREMENTS

NOTE 16. FAIR VALUE MEASUREMENTS

RECURRING FAIR VALUE MEASUREMENTS

In accordance with GAAP, certain assets and liabilities are required to be recorded at fair value on a recurring basis. The Company’s assets and liabilities that are adjusted to fair value on a recurring basis are money market funds that qualify as cash equivalents, and derivative financial instruments, which may be entered into to mitigate risks associated with changes in foreign currency exchange rates, fuel and other commodity prices and interest rates. Amounts associated with derivative instruments were not significant.

NONRECURRING FAIR VALUE MEASUREMENTS

In addition to assets and liabilities that are recorded at fair value on a recurring basis, the Company records certain assets and liabilities at fair value on a nonrecurring basis as required by GAAP. Generally, assets are recorded at fair value on a nonrecurring basis as a result of impairment charges. The Company recognized asset impairment charges of $56 million, $7 million and $4 million in 2019, 2018 and 2017, respectively. Of these asset impairment charges, $46 million in 2019 was related to impairment of operating lease ROU assets associated with the Company’s retail store locations, with the remainder primarily relating to impairment of fixed assets. All impairment charges discussed in the sections below are presented in Asset impairments in the Consolidated Statements of Operations.

The Company regularly reviews retail store assets for impairment indicators at the individual store level, as this represents the lowest level of identifiable cash flows. When indicators of impairment are present, a recoverability analysis is performed which considers the estimated undiscounted cash flows over the retail store’s remaining life and uses input from retail operations and accounting and finance personnel. These inputs include management’s best estimates of retail store-level sales, gross margins, direct expenses, exercise of future lease renewal options when reasonably certain to be exercised, and resulting cash flows, by their nature, include judgments about how current initiatives will impact future performance. The assumptions used within the recoverability analysis for the retail stores were updated to consider current quarter retail store operational results and formal plans for additional retail store closures. These assumptions reflected declining sales over the forecast period, and gross margin and operating cost assumptions that are consistent with recent actual results and consider plans for future initiatives.

If the undiscounted cash flows of a retail store cannot support the carrying amount of its assets, the assets are impaired if necessary and written down to estimated fair value. The fair value of retail store assets is determined using a discounted cash flow analysis which uses Level 2 unobservable inputs that are corroborated by market data such as real estate broker’s opinions. Specifically, the analysis uses assumptions of potential rental rates for each retail store location which are based on market data for comparable locations. These estimated cash flows used in the 2019 impairment calculation were discounted at a weighted average discount rate of 7%. For the fourth quarter 2019 calculation, a 100 basis point decrease in next year sales combined with a 50 basis point decrease in next year gross margin would have increased the impairment by less than $1 million. Further, a 100 basis point decrease in sales for all future periods would increase the impairment by less than $1 million.

The Company will continue to evaluate initiatives to improve performance and lower operating costs. To the extent that forward-looking sales and operating assumptions are not achieved and are subsequently reduced, additional impairment charges may result. However, at the end of 2019, the impairment recognized reflects the Company’s best estimate of future performance.

OTHER FAIR VALUE DISCLOSURES

The fair values of cash and cash equivalents, receivables, trade accounts payable and accrued expenses and other current liabilities approximate their carrying amounts because of their short-term nature.

The following table presents information about financial instruments at the balance sheet dates indicated.

	December 28,				December 29,
	2019				2018
(In millions)	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Financial assets:
Timber notes receivable	$	819	$	819	$	842	$	835
Company-owned life insurance		91		91		91		91
Financial liabilities:
Recourse debt:
Term Loan, due 2022		393		409		463		490
Revenue bonds, due in varying amounts periodically through 2029		186		186		186		184
American & Foreign Power Company, Inc. 5% debentures, due 2030		15		14		14		14
Non-recourse debt — Timber notes		735		735		754		750

The following methods and assumptions were used to estimate the fair value of each class of financial instruments:

•

Timber notes receivable: Fair value is determined as the present value of expected future cash flows discounted at the current interest rate for loans of similar terms with comparable credit risk (Level 2 measure). The change in fair value of the Timber notes receivable as compared to the prior period herein presented is due to a change in the yield used to discount the future cash flows, and not a change in the expected future cash flows.

•

Company-owned life insurance: In connection with the 2013 OfficeMax merger, the Company acquired company owned life insurance policies on certain former employees. The fair value of the company-owned life insurance policies is derived using determinable net cash surrender value (Level 2 measure).

•

Recourse debt: Recourse debt, for which there were no transactions on the measurement date, was valued based on quoted market prices near the measurement date when available or by discounting the future cash flows of each instrument using rates based on the most recently observable trade or using rates currently offered to the Company for similar debt instruments of comparable maturities (Level 2 measure).

•

Non-recourse debt: Fair value is estimated by discounting the future cash flows of the instrument at rates currently available to the Company for similar instruments of comparable maturities (Level 2 measure).

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

INCOME TAXES (Tables)

12 Months Ended

Dec. 28, 2019

Income Tax Disclosure [Abstract]

Schedule of Components of Income from Continuing Operations Before Income Taxes

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

(In millions)	2019		2018		2017
United States	$	116	$	138	$	295
Foreign		30		20		4
Total income from continuing operations before income taxes	$	146	$	158	$	299

Schedule Income Tax Expense Related to Income From Continuing Operations

The income tax expense related to income from continuing operations consisted of the following:

(In millions)	2019			2018		2017
Current:
Federal	$	(64	)	$	3	$	4
State		3			7		3
Foreign		8			9		9
Deferred:
Federal		84			27		152
State		11			13		(17	)
Foreign		5			—		2
Total income tax expense	$	47		$	59	$	153

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)	2019			2018			2017
Federal tax computed at the statutory rate	$	30		$	33		$	105
State taxes, net of Federal benefit		6			10			12
Foreign income taxed at rates other than Federal		1			5			2
Increase (decrease) in valuation allowance		9			(3	)		(36	)
Non-deductible Merger expenses		—			—			3
Other non-deductible expenses and settlements		3			10			—
Tax basis differences in investment in subsidiaries		—			(4	)		—
Non-taxable income and additional deductible expenses		(4	)		(1	)		(4	)
Change in unrecognized tax benefits		2			1			—
Impact of Tax Reform		—			—			68
Impact of stock compensation shortfall		—			5			3
Repatriation of foreign earnings		—			—			3
Other items, net		—			3			(3	)
Income tax expense	$	47		$	59		$	153

Schedule of Components Deferred Income Tax Assets and Liabilities

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

	December 28,			December 29,
(In millions)	2019			2018
U.S. and foreign loss carryforwards	$	240		$	253
Deferred rent credit		—			35
Operating lease right-of-use assets		385			—
Pension and other accrued compensation		53			65
Accruals for facility closings		2			5
Inventory		9			11
Self-insurance accruals		19			21
Deferred revenue		16			17
U.S. and foreign income tax credit carryforwards		168			227
Allowance for bad debts		4			4
Accrued expenses		21			20
Basis difference in fixed assets		31			30
Gross deferred tax assets		948			688
Valuation allowance		(151	)		(142	)
Deferred tax assets		797			546
Internal software		10			11
Installment gain on sale of timberlands		168			172
Operating lease liabilities		356			—
Intangibles		96			96
Undistributed foreign earnings		4			4
Deferred tax liabilities		634			283
Net deferred tax assets	$	163		$	263

Summary of Valuation Allowances

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

(In millions)	2019		2018			2017
Beginning balance	$	142	$	144		$	140
Additions, charged to expense		9		—			4
Acquired via Merger		—		—			1
Impact of Tax Reform		—		—			40
Reductions		—		(2	)		(41	)
Ending balance	$	151	$	142		$	144

Summary of Activity Related to Unrecognized Tax Benefits

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

(In millions)	2019		2018			2017
Beginning balance	$	20	$	20		$	14
Increase related to current year tax positions		2		—			—
Increase related to merger		—		—			8
Increase (decrease) related to prior year tax positions		—		1			(1	)
Decrease related to settlements with taxing authorities		—		(1	)		(1	)
Ending balance	$	22	$	20		$	20

PROPERTY AND EQUIPMENT

12 Months Ended

Dec. 28, 2019

Property Plant And Equipment [Abstract]

PROPERTY AND EQUIPMENT

NOTE 8. PROPERTY AND EQUIPMENT

Property and equipment consists of:

	December 28,			December 29,
(In millions)	2019			2018
Land	$	45		$	53
Buildings		221			281
Computer software		653			588
Leasehold improvements		658			649
Furniture, fixtures and equipment		833			787
Construction in progress		49			70
		2,459			2,428
Less accumulated depreciation		(1,780	)		(1,665	)
Total	$	679		$	763

The above table of property and equipment includes assets held under finance leases as follows:

	December 28,			December 29,
(In millions)	2019			2018
Buildings	$	40		$	42
Furniture, fixtures and equipment		132			100
		172			142
Less accumulated depreciation		(120	)		(108	)
Total	$	52		$	34

Depreciation expense was $118 million in 2019, $114 million in 2018 and $111 million in 2017.

Included in computer software and construction in progress above are capitalized software costs of $653 million and $589 million at December 28, 2019 and December 29, 2018, respectively. The unamortized amounts of the capitalized software costs are $134 million and $118 million at December 28, 2019 and December 29, 2018, respectively. Amortization of capitalized software costs totaled $55 million, $46 million and $39 million in 2019, 2018 and 2017, respectively. Software development costs that do not meet the criteria for capitalization are expensed as incurred.

Estimated future amortization expense related to capitalized software at December 28, 2019 is as follows:

(In millions)
2020	$	50
2021		39
2022		24
2023		14
2024		5
Thereafter		2

The weighted average remaining amortization period for capitalized software is 3 years.

ASSETS HELD FOR SALE

Certain facilities that were part of continuing operations but had been identified for closure through integration and other activities were accounted for as assets held for sale. Assets held for sale primarily consists of supply chain facilities and are presented in Prepaid expenses and other current assets in the Consolidated Balance Sheets. The Company recognized $25 million gain on disposition of

assets held for sale during 2019, of which $19 million was included in Selling, general and administrative expenses and $6 million was included in Merger and restructuring expenses, net in the Consolidated Statement of Operations. The assets held for sale activity in 2019 is presented in the table below.

(In millions)
Balance as of December 29, 2018	$	6
Additions		18
Dispositions		(24	)
Balance as of December 28, 2019	$	—

COMMITMENTS AND CONTINGENCIES

12 Months Ended

Dec. 28, 2019

Commitments And Contingencies Disclosure [Abstract]

COMMITMENTS AND CONTINGENCIES

NOTE 17. COMMITMENTS AND CONTINGENCIES

COMMITMENTS

The Company has a paper purchase agreement with Boise White Paper, L.L.C. (“Boise Paper”) under which it agreed to purchase office paper from Boise Paper and Boise Paper has agreed to supply office paper to the Company, subject to the terms and conditions of the paper purchase agreement. Under the agreement, the Company has committed to purchase a portion of its paper product offering from Boise Paper. Purchases under the agreement were $541 million in 2019, $531 million in 2018 and $593 million in 2017.

INDEMNIFICATIONS

Indemnification obligations may arise from the Asset Purchase Agreement between OfficeMax Incorporated, OfficeMax Southern Company, Minidoka Paper Company, Forest Products Holdings, L.L.C. and Boise Land & Timber Corp. The Company has agreed to provide indemnification with respect to a variety of obligations. These indemnification obligations are subject, in some cases, to survival periods, deductibles and caps. At December 28, 2019, the Company is not aware of any material liabilities arising from these indemnifications. Additionally, the Company retains certain guarantees in place with respect to the liabilities or obligations of the European Business and remains contingently liable for these obligations. However, the Purchaser must indemnify and hold the Company harmless for any losses in connection with these guarantees. The Company currently does not believe it is probable it would be required to perform under any of these guarantees or any of the underlying obligations.

LEGAL MATTERS

The Company is involved in litigation arising in the normal course of business. While, from time to time, claims are asserted that make demands for a large sum of money (including, from time to time, actions which are asserted to be maintainable as class action suits), the Company does not believe that contingent liabilities related to these matters (including the matters discussed below), either individually or in the aggregate, will materially affect the Company’s financial position, results of operations or cash flows.

In addition, in the ordinary course of business, sales to and transactions with government customers may be subject to lawsuits, investigations, audits and review by governmental authorities and regulatory agencies, with which the Company cooperates. Many of these lawsuits, investigations, audits and reviews are resolved without material impact to the Company. While claims in these matters may at times assert large demands, the Company does not believe that contingent liabilities related to these matters, either individually or in the aggregate, will materially affect its financial position, results of operations or cash flows.

In January 2017 and May 2017, the Consumer Protection Divisions of each of the Office of Attorney General, State of Washington ("Washington AG'') and the Office of Attorney General, State of Texas (''Texas AG''), respectively, each issued a Civil Investigative Demand (“CID”) to the Company requiring the Company to produce certain documents and materials and to answer certain interrogatories relating to PC Healthcheck, a software program manufactured by a third-party vendor and provided to the Company for its customers prior to December 31, 2016. In November 2019, the State of Washington, King County Superior Court entered a Consent Decree that resolved the State of Washington’s investigation into the PC Healthcheck product. Under the terms of the Consent Decree, wherein the Company neither admitted nor denied the Washington AG’s allegations (except as to the Court having jurisdiction over the matter), the Washington AG agreed to accept payment of $900,000. The settlement payment was paid in or about November 2019, ten (10) business days after final entry of the Consent Decree by the Court. The Consent Decree contains conditions similar to the program required under the Stipulation to Entry of Order for Permanent Injunction and Monetary Judgment entered on March 29, 2019 by the U.S. District Court for the Southern District of Florida as a result of a CID issued by the Federal Trade Commission in 2016. The Company continues to cooperate with the Texas AG with respect to its investigation. At this time, it is difficult to predict the timing, the likely outcome, and/or potential range of loss, if any, of the Texas state matters.

In addition to the foregoing, OfficeMax is named a defendant in a number of lawsuits, claims, and proceedings arising out of the operation of certain paper and forest products assets prior to those assets being sold in 2004, for which OfficeMax agreed to retain responsibility. Also, as part of that sale, OfficeMax agreed to retain responsibility for all pending or threatened proceedings and future proceedings alleging asbestos-related injuries arising out of the operation of the paper and forest products assets prior to the closing of the sale. The Company has made provision for losses with respect to the pending proceedings. Additionally, as of December 28, 2019, the Company has made provision for environmental liabilities with respect to certain sites where hazardous substances or other contaminants are or may be located. For these liabilities, our estimated range of reasonably possible losses was approximately $10 million to $20 million. The Company regularly monitors its estimated exposure to these liabilities. As additional information becomes known, these estimates may change, however, the Company does not believe any of these OfficeMax retained proceedings are material to the Company’s financial position, results of operations or cash flows.

EARNINGS PER SHARE

12 Months Ended

Dec. 28, 2019

Earnings Per Share [Abstract]

EARNINGS PER SHARE

NOTE 7. EARNINGS PER SHARE

The following table presents the calculation of net earnings per common share — basic and diluted:

(In millions, except per share amounts)	2019		2018		2017
Basic Earnings Per Share
Numerator:
Net income from continuing operations	$	99	$	99	$	146
Income from discontinued operations, net of tax		—		5		35
Net income	$	99	$	104	$	181
Denominator:
Weighted-average shares outstanding		545		553		522
Basic earnings per share:
Continuing operations	$	0.18	$	0.18	$	0.28
Discontinued operations		—		0.01		0.07
Net basic earnings per share	$	0.18	$	0.19	$	0.35
Diluted Earnings Per Share
Numerator:
Net income from continuing operations	$	99	$	99	$	146
Income from discontinued operations, net of tax		—		5		35
Net income	$	99	$	104	$	181
Denominator:
Weighted-average shares outstanding		545		553		522
Effect of dilutive securities:
Stock options and restricted stock		8		11		13
Diluted weighted-average shares outstanding		553		564		535
Diluted earnings per share
Continuing operations	$	0.18	$	0.18	$	0.27
Discontinued operations		—		0.01		0.06
Net diluted earnings per share	$	0.18	$	0.19	$	0.34

Awards of options and nonvested shares representing an additional 9 million, 5 million and 4 million shares of common stock were outstanding for the fiscal years ended December 28, 2019, December 29, 2018 and December 30, 2017, respectively, but were not included in the computation of diluted weighted-average shares outstanding because their effect would have been antidilutive.

STOCKHOLDERS' EQUITY

12 Months Ended

Dec. 28, 2019

Equity [Abstract]

STOCKHOLDERS' EQUITY

NOTE 13. STOCKHOLDERS’ EQUITY

PREFERRED STOCK

As of December 28, 2019, and December 29, 2018, there were 1,000,000 shares of $0.01 par value preferred stock authorized; no shares were issued and outstanding.

TREASURY STOCK

In November 2018, the Board of Directors approved a new stock repurchase program of up to $100 million of its common stock effective January 1, 2019, which extends until the end of 2020 and may be suspended or discontinued at any time. In November 2019, the Board of Directors approved an increase in the authorization of the existing stock repurchase program of up to $200 million and extended the program through the end of 2021. The new authorization includes the remaining authorized amount under the existing stock repurchase program. The exact timing of share repurchases will depend on market conditions and other factors, and will be funded through available cash balances.

Under the stock repurchase program, the Company purchased approximately 15 million shares of its common stock at a cost of $40 million in 2019. As of December 28, 2019, $161 million remains available for stock repurchases under the current stock repurchase authorization.

At December 28, 2019, there were 85 million common shares held in treasury. The Company’s Term loan and Amended Credit Facility includes certain covenants on restricted payments which include common stock repurchases, based on the Company’s liquidity and borrowing availability. The Company’s ability to repurchase its common stock in 2020 is subject to certain restrictions under the Term Loan Credit Agreement. Refer to Note 11 for additional information about the Term Loan Credit Agreement.

DIVIDENDS ON COMMON STOCK

During 2019, the Company paid quarterly cash dividends on its common stock in the amount of $0.025 per share for a total annual dividend distribution of $55 million. Dividends have been recorded as a reduction to additional paid-in capital as the Company is in an accumulated deficit position. Payment of dividends is permitted under the Company’s Amended Credit Agreement subject to minimum liquidity or fixed charge ratio requirements. Additionally, the Company’s Term Loan Credit Agreement contains certain restrictions on the Company’s ability to declare or pay dividends. Refer to Note 11 for additional information about the Amended Credit Agreement and the Term Loan Credit Agreement.

ACCUMULATED OTHER COMPREHENSIVE LOSS

Accumulated other comprehensive loss activity, net of tax, where applicable, is provided in the following tables:

(In millions)	Foreign Currency Translation Adjustments			Change in Deferred Pension and Other			Total
Balance at December 29, 2018	$	(50	)	$	(49	)	$	(99	)
Other comprehensive income activity		21			18			39
Tax impact		—			(6	)		(6	)
Total other comprehensive income, net of tax, where applicable		21			12			33
Balance at December 28, 2019	$	(29	)	$	(37	)	$	(66	)

(In millions)	Foreign Currency Translation Adjustments			Change in Deferred Pension and Other			Total
Balance at December 30, 2017	$	(43	)	$	(35	)	$	(78	)
Other comprehensive loss activity before reclassifications		(36	)		(23	)		(59	)
Reclassification of foreign currency translation adjustments realized upon disposal of business ^(a)		29			—			29
Tax impact		—			9			9
Total other comprehensive loss, net of tax, where applicable		(7	)		(14	)		(21	)
Balance at December 29, 2018	$	(50	)	$	(49	)	$	(99	)

^(a)	Relates to the disposition of the Company’s businesses in Australia and New Zealand in 2018.

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Statement Of Income And Comprehensive Income [Abstract]
Change in deferred pension, deferred income taxes	$ 6	$ 9	$ 15

Schedule Income Tax Expense Related to Income From Continuing Operations (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Income Tax Disclosure [Abstract]
Federal, Current	$ (64)	$ 3	$ 4
State, Current	3	7	3
Foreign, Current	8	9	9
Federal, Deferred	84	27	152
State, Deferred	11	13	(17)
Foreign, Deferred	5		2
Income tax expense	$ 47	$ 59	$ 153

Major Component of Discontinued Operations, Net of Tax (Detail) - Discontinued Operations, Held-for-Sale - USD ($) $ in Millions	12 Months Ended
	Dec. 29, 2018	Dec. 30, 2017
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Sales	$ 115	$ 512
Cost of goods sold and occupancy costs	88	411
Operating expenses	21	102
Restructuring charges	1	2
Interest income		1
Other expense, net	(1)
Net (increase) reduction of loss on discontinued operations held for sale	(1)	44
Net gain (loss) on sale of discontinued operations	(4)	4
Income tax expense (benefit)	(6)	11
Discontinued operations, net of tax	$ 5	$ 35

Timber Notes/Non-Recourse Debt - Additional Information (Detail) - USD ($) $ in Millions			12 Months Ended
	Jan. 29, 2020	Oct. 31, 2019	Dec. 28, 2019	Dec. 29, 2018	Nov. 05, 2013
Timber Notes Non Recourse Debt Receivable And Payable [Line Items]
Principal amount of credit-enhanced timber installment notes acquired					$ 818.0
Timber note receivables - interest rates					4.98%
Timber notes receivable - maturity date			Jan. 29, 2020
Notes receivable, current maturities			$ 819.0	$ 0.0
Notes receivable, non current				842.0
Non-recourse debt, current maturities			735.0
Securitization notes reported as non-recourse debt				754.0
Deferred tax liability			168.0
Subsequent Event
Timber Notes Non Recourse Debt Receivable And Payable [Line Items]
Net principal cash payment received	$ 82.5
Term Loan Agreement
Timber Notes Non Recourse Debt Receivable And Payable [Line Items]
Non-recourse debt, current maturities			$ 735.0
Securitization notes reported as non-recourse debt				$ 754.0
Non-Recourse Debt
Timber Notes Non Recourse Debt Receivable And Payable [Line Items]
Non-recourse debt acquired in a business combination					$ 735.0
Interest rate on senior notes				5.42%	5.42%
Maturity date of debt			Oct. 31, 2019
Non-recourse debt, current maturities			$ 735.0
Non-Recourse Debt \| Term Loan Agreement
Timber Notes Non Recourse Debt Receivable And Payable [Line Items]
Maturity date of debt		Jan. 29, 2020
Bridge loan for refinancing of debt		$ 735.0
Debt variable rate terms		3-month LIBOR
Non-Recourse Debt \| Term Loan Agreement \| LIBOR
Timber Notes Non Recourse Debt Receivable And Payable [Line Items]
Debt, basis spread on variable rate		0.75%

Assets Held for Sale Activity (Detail) $ in Millions	12 Months Ended
Assets Held for Sale Activity (Detail) $ in Millions	Dec. 28, 2019 USD ($)
Property Plant And Equipment [Abstract]
Beginning Balance	$ 6
Additions	18
Dispositions	$ (24)

TIMBER NOTES/NON-RECOURSE DEBT

12 Months Ended

Dec. 28, 2019

TIMBER NOTES/NON-RECOURSE DEBT

NOTE 10. TIMBER NOTES/NON-RECOURSE DEBT

As part of the OfficeMax merger, the Company acquired credit-enhanced timber installment notes with an original principal balance of $818 million (the “Installment Notes”) that were part of the consideration received in exchange for OfficeMax’s sale of timberland assets in October 2004, and related non-recourse debt that OfficeMax issued under the structure of the timber note transactions in the amount of $735 million (the “Securitization Notes”). The Installment Notes and Securitization Notes were non-amortizing obligations bearing interest at 4.98% and 5.42%, respectively, and maturing on January 29, 2020 and October 31, 2019, respectively. During the third quarter of 2019, the Company, through a bankruptcy remote indirect subsidiary, entered into a term loan agreement to receive a $735 million loan on October 31, 2019 (the “Bridge Loan”) that was used to refinance the Securitization Notes. The Bridge Loan is also non-recourse to the Company, and is secured by the Installment Notes. The Bridge Loan incurred interest at a rate equal to 3-month LIBOR plus 0.75% per annum from October 31, 2019 through January 29, 2020 when it matured.

The Installment Notes are reported as Timber notes receivable, current maturities in the amount of $819 million at December 28, 2019 and Timber notes receivable in the amount of $842 million at December 29, 2018 in the Company’s Consolidated Balance Sheets, which represents the original principal amount of $818 million plus a fair value adjustment recorded through purchase accounting in connection with the merger. The premium is amortized under the effective interest method as a component of interest income through the maturity date. The Bridge Loan is reported as Non-recourse debt, current maturities in the amount of $735 million in the Company’s Consolidated Balance Sheet at December 28, 2019. The Securitization Notes are reported as Non-recourse debt in the amount of $754 million at December 29, 2018, which represents the original principal amount of $735 million plus a fair value adjustment recorded through purchase accounting in connection with the merger, in the Company’s Consolidated Balance Sheet. The premium was amortized under the effective interest method as a component of interest expense through the maturity date.

The Company received a net principal cash payment of $82.5 million upon maturity of the Installment Notes and the Bridge Loan on January 29, 2020, which were net settled as they were with the same third-party financial institution. In addition, the sale of the timberlands in 2004 had generated a tax gain for OfficeMax where the resulting tax liability was deferred until the maturity date for the Installment Notes. Accordingly, at December 28, 2019, there is a deferred tax liability of $168 million related to the Installment Notes that became due upon maturity on January 29, 2020.

Income Taxes - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017	Dec. 31, 2016
Income Taxes [Line Items]
Effective income tax rate reconciliation, at federal statutory income tax rate, percent	32.00%	21.00%
Federal marginal tax rate		21.00%
Effective tax rate	32.00%	37.00%	51.00%
Tax cuts and jobs act, alternative minimum tax, tax year description	In addition, any unused AMT Credits that remain unused for tax years after 2017 can be refunded up to 50% of the unused balance in any tax year.
Tax cuts and jobs act, alternative minimum tax, percentage of unused balances received by taxpayers	50.00%
Tax cuts and jobs act, alternative minimum tax, reduction of deferred tax assets	$ 22
Income tax benefit recognized			$ 36
Impact of Tax Reform			40
Unrecognized Tax Benefits	22	$ 20	20	$ 14
Net uncertain tax positions, if recognized affect effective tax rate	10
Unrecognized Tax Benefits results from positions if sustained offset by change in valuation allowance	12
Increase related to merger			8
Unrecognized tax benefits, accrued interest and penalties	7
CompuCom Systems, Inc
Income Taxes [Line Items]
Increase related to merger			8
Unrecognized tax benefit is currently covered under an indemnification agreement	3
Unrecognized tax benefits, accrued interest and penalties	1
Deferred Income Taxes and Other Long-Term Liabilities
Income Taxes [Line Items]
Deferred income tax liabilities	20	$ 20
U.S. Federal and State
Income Taxes [Line Items]
Estimated valuation allowance, determined to be reduced			$ 40
Operating Loss Carry forwards	60
Alternate minimum tax credit carryforwards	22
U.S. Federal and State \| Expire in 2019
Income Taxes [Line Items]
Operating Loss Carry forwards	0
U.S. Federal and State \| Capital loss carryover
Income Taxes [Line Items]
Capital loss carryover, amount to offset future capital gains	$ 604
Capital loss carryover, expiration year	2022
Foreign
Income Taxes [Line Items]
Operating Loss Carry forwards	$ 80
Foreign \| Expire in 2020
Income Taxes [Line Items]
Operating Loss Carry forwards	4
State
Income Taxes [Line Items]
Operating Loss Carry forwards	1,200
Capital loss carryover, amount to offset future capital gains	$ 485
Capital loss carryover, expiration year	2022
State \| Expire in 2020
Income Taxes [Line Items]
Operating Loss Carry forwards	$ 68
U.S. Federal Foreign
Income Taxes [Line Items]
Capital loss carryover, amount to offset future capital gains	$ 127
U.S. Federal Foreign \| Earliest Tax Year
Income Taxes [Line Items]
Capital loss carryover, expiration year	2020
U.S. Federal Foreign \| Latest Tax Year
Income Taxes [Line Items]
Capital loss carryover, expiration year	2028
State and Foreign
Income Taxes [Line Items]
Capital loss carryover, amount to offset future capital gains	$ 14
State and Foreign \| Earliest Tax Year
Income Taxes [Line Items]
Capital loss carryover, expiration year	2023
State and Foreign \| Latest Tax Year
Income Taxes [Line Items]
Capital loss carryover, expiration year	2028
State and Foreign \| Indefinite Carryforward
Income Taxes [Line Items]
Capital loss carryover, amount to offset future capital gains	$ 2
Minimum
Income Taxes [Line Items]
Tax cuts and jobs act, alternative minimum tax, credits refunded	$ 44
Minimum \| U.S. Federal and State
Income Taxes [Line Items]
Operating loss carryforwards, expiration dates	2020
Minimum \| U.S. Federal and State \| Capital loss carryover
Income Taxes [Line Items]
Capital loss carryover, expiration year	2021
Minimum \| Foreign
Income Taxes [Line Items]
Operating loss carryforwards, expiration dates	2024
Minimum \| State
Income Taxes [Line Items]
Operating loss carryforwards, expiration dates	2021
Capital loss carryover, expiration year	2021
Maximum \| U.S. Federal and State
Income Taxes [Line Items]
Operating loss carryforwards, expiration dates	2033
Maximum \| U.S. Federal and State \| Capital loss carryover
Income Taxes [Line Items]
Capital loss carryover, expiration year	2023
Maximum \| Foreign
Income Taxes [Line Items]
Operating loss carryforwards, expiration dates	2033
Maximum \| State
Income Taxes [Line Items]
Operating loss carryforwards, expiration dates	2039
Capital loss carryover, expiration year	2023

QUARTERLY FINANCIAL DATA (UNAUDITED)

12 Months Ended

Dec. 28, 2019

Quarterly Financial Information Disclosure [Abstract]

QUARTERLY FINANCIAL DATA (UNAUDITED)

NOTE 19. QUARTERLY FINANCIAL DATA (UNAUDITED)

(In millions, except per share amounts)	First Quarter		Second Quarter			Third Quarter		Fourth Quarter
Fiscal Year Ended December 28, 2019*
Net sales	$	2,769	$	2,588		$	2,782	$	2,508
Gross profit		641		585			667		571
Operating income (loss) ⁽¹⁾		24		(15	)		108		74
Net income (loss)		8		(24	)		60		55
Net earnings (loss) per share ⁽²⁾
Basic	$	0.01	$	(0.04	)	$	0.11	$	0.10
Diluted	$	0.01	$	(0.04	)	$	0.11	$	0.10

*	Due to rounding, the sum of the quarterly amounts may not equal the reported amounts for the year.

(1)

(2)	The sum of the quarterly earnings per share does not equal the annual earnings per share due to differences in quarterly and annual weighted-average shares outstanding.

(In millions, except per share amounts)	First Quarter		Second Quarter			Third Quarter		Fourth Quarter
Fiscal Year Ended December 29, 2018*
Net sales	$	2,830	$	2,628		$	2,887	$	2,670
Gross profit		667		596			686		602
Operating income ⁽³⁾		77		48			105		24
Net income (loss) from continuing operations ⁽⁴⁾		33		19			60		(14	)
Discontinued operations, net of tax		8		(3	)		—		—
Net income (loss)		41		16			60		(14	)
Basic earnings (loss) per share ⁽⁵⁾
Continuing operations	$	0.06	$	0.03		$	0.11	$	(0.02	)
Discontinued operations	$	0.01	$	—		$	—	$	—
Net basic earnings per share	$	0.07	$	0.03		$	0.11	$	(0.02	)
Diluted earnings (loss) per share ⁽⁵⁾
Continuing operations	$	0.06	$	0.03		$	0.11	$	(0.02	)
Discontinued operations	$	0.01	$	—		$	—	$	—
Net diluted earnings per share	$	0.07	$	0.03		$	0.11	$	(0.02	)

*	Due to rounding, the sum of the quarterly amounts may not equal the reported amounts for the year.

(3)	Includes Merger and restructuring expenses, net totaling $17 million, $14 million, $14 million and $27 million in the first, second, third and fourth quarters of 2018, respectively. The fourth quarter of 2018 also includes asset impairments of $7 million and a legal expense of $25 million.

(4)	Includes a loss on debt modification of $15 million and a tax benefit of $4 million due to a book-to-tax basis difference related to the sale of Clearpath Holdings, LLC in the fourth quarter of 2018.

(5)	The sum of the quarterly earnings per share does not equal the annual earnings per share due to differences in quarterly and annual weighted-average shares outstanding.

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Parenthetical) - $ / shares	3 Months Ended				12 Months Ended
	Dec. 28, 2019	Sep. 28, 2019	Jun. 29, 2019	Mar. 30, 2019	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Statement Of Stockholders Equity [Abstract]
Dividend paid on common stock, per share	$ 0.025	$ 0.025	$ 0.025	$ 0.025	$ 0.10	$ 0.10	$ 0.10

Reconciliation of the Change in Fair Value of the Pension Plan Assets Calculated based on Level 3 Inputs (Detail) - Significant Unobservable Inputs (Level 3) - United Kingdom $ in Millions	12 Months Ended
	Dec. 28, 2019 USD ($)
Schedule of Pension Plan Assets by Fair Value [Line Items]
Balance at December 29, 2018	$ 19
Net sales	(1)
Balance at December 28, 2019	$ 18

ACQUISITIONS

12 Months Ended

Dec. 28, 2019

Business Combinations [Abstract]

ACQUISITIONS

NOTE 2. ACQUISITIONS

Since 2017, the Company has been undergoing a strategic business transformation to pivot into an integrated B2B distribution platform, with the objective of expanding its product offerings to include value-added services for its customers and capture greater market share. As part of this transformation, the Company has been acquiring businesses to expand its reach and distribution network into geographic areas that were previously underserved. During 2019, the Company acquired five small independent regional office supply distribution businesses. Of these five acquisitions, two were completed in the first quarter of 2019, two were completed in the second quarter of 2019, and one was completed in the fourth quarter of 2019.

The aggregate total purchase consideration, including contingent consideration, for the five acquisitions completed in 2019 was approximately $27 million, subject to certain customary post-closing adjustments. The aggregate purchase price was primarily funded with cash on hand, with the remainder consisting of contingent consideration estimated to be $2 million, the majority of which will be paid in the third quarter of 2020. The acquisitions were treated as purchases in accordance with ASC 805, Business Combinations (“ASC 805”) which requires allocation of the purchase price to the estimated fair values of assets and liabilities acquired in the transaction including goodwill and other intangible assets. The Company has performed a preliminary purchase price allocation of the aggregate purchase price to the estimated fair values of assets and liabilities acquired in the transactions, including $1 million of customer relationship intangible assets, $4 million of trade name intangible assets and $22 million of goodwill. An immaterial amount of the aggregate purchase price was allocated to working capital accounts. These assets and liabilities are included in the Consolidated Balance Sheet as of December 28, 2019. As additional information is obtained about these assets and liabilities within the measurement period (not to exceed one year from the date of acquisition), the Company will refine its estimates of fair value to allocate the purchase price. The operating results of the acquired office supply distribution businesses are combined with the Company’s operating results subsequent to their purchase dates, and are included in the Business Solutions Division. Certain disclosures set forth under ASC 805, including supplemental pro forma financial information, are not disclosed because the operating results of the acquired businesses, individually and in the aggregate, are not material to the Company.

The Company recognized a contingent consideration liability of $25 million in connection with the acquisition of an enterprise IT solutions integrator and managed services provider in 2018. In the first quarter of 2019, the Company paid $23 million of this contingent consideration liability, of which $12 million was treated as a financing cash outflow in the Consolidated Statement of Cash Flows because it related to the acquisition-date accrual, and $11 million was presented as a cash outflow from operating activities as it was accrued subsequent to the acquisition date based on new information obtained on the financial performance of the acquired entity. This $11 million accrual was recorded in the Merger and restructuring expenses, net line in the Consolidated Statement of Operations in 2018. The remaining portion of this contingent consideration liability will be paid in 2020.

Based on new information received, the preliminary purchase price allocations of the companies acquired in 2018 and 2019 have been adjusted during the respective measurement periods. These adjustments were insignificant individually and in the aggregate to the Company’s Consolidated Financial Statements. The measurement periods for acquisitions completed in 2018 closed within 2019. Under the guidance on accounting for business combinations, merger and integration costs are not included as components of consideration transferred, instead, they are accounted for as expenses in the period in which the costs are incurred. Transaction-related expenses are included in the Merger and restructuring expenses, net line in the Consolidated Statements of Operations. Refer to Note 3 for additional information about the merger and restructuring expenses incurred during 2019.

In February 2020 the Company acquired two small independent regional office supply distribution businesses in the U.S. Certain disclosures set forth under ASC 805, including supplemental pro forma financial information, are not disclosed because the operating results of the acquired businesses, individually and in the aggregate, are not material to the Company.

Reconciliation Of Income Taxes at Federal Statutory Rate to Provision for Income Taxes (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Income Tax Disclosure [Abstract]
Federal tax computed at the statutory rate	$ 30	$ 33	$ 105
State taxes, net of Federal benefit	6	10	12
Foreign income taxed at rates other than Federal	1	5	2
Increase (decrease) in valuation allowance	9	(3)	(36)
Non-deductible Merger expenses			3
Other non-deductible expenses and settlements	3	10
Tax basis differences in investment in subsidiaries		(4)
Non-taxable income and additional deductible expenses	(4)	(1)	(4)
Change in unrecognized tax benefits	2	1
Impact of Tax Reform			68
Impact of stock compensation shortfall		5	3
Repatriation of foreign earnings			3
Other items, net		3	(3)
Income tax expense	$ 47	$ 59	$ 153

Amounts Recognized in Consolidated Balance Sheets Related to Defined Benefit Pension and Other Postretirement Benefit Plans (Detail) - North America - USD ($) $ in Millions	Dec. 28, 2019	Dec. 29, 2018
Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Current liabilities	$ (2)	$ (2)
Noncurrent liabilities	(71)	(98)
Net asset (liability) recognized at end of period	(73)	(100)
Other Benefits
Defined Benefit Plan Disclosure [Line Items]
Current liabilities	(1)	(1)
Noncurrent liabilities	(12)	(11)
Net asset (liability) recognized at end of period	$ (13)	$ (12)

Summary of Significant Accounting Policies - Additional Information (Detail)

3 Months Ended

12 Months Ended

39 Months Ended

May 08, 2019

Store

DistributionCenterandSalesOffice

Dec. 30, 2018

USD ($)

Sep. 24, 2016

Store

Dec. 28, 2019

USD ($)

Store

Segment

Customer

DistributionCenterandSalesOffice

Dec. 29, 2018

USD ($)

Customer

Dec. 30, 2017

USD ($)

Customer

Dec. 28, 2019

USD ($)

Store

Customer

DistributionCenterandSalesOffice

Summary Of Significant Accounting Policies [Line Items]

Number of retail stores | Store

1,307

Number of reportable segments | Segment

Percent of subsidiary shares owned

88.00%

$ 0

Accounts payable and accrued expenses and other current liabilities not yet presented for payment

25,000,000

$ 27,000,000

25,000,000

Cash and cash equivalents

698,000,000

658,000,000

698,000,000

Trade receivables

599,000,000

655,000,000

599,000,000

Allowance for doubtful accounts

$ 10,000,000

Number of customers accounted for more than 10% of total sales | Customer

Number of customers accounted for more than 10% of receivables | Customer

Other receivables

$ 225,000,000

$ 230,000,000

$ 225,000,000

Accrued payroll and benefits

150,000,000

173,000,000

150,000,000

Advertising expenses

249,000,000

270,000,000

$ 264,000,000

Prepaid advertising expenses

$ 6,000,000

5,000,000

$ 6,000,000

Lessee, operating lease, existence of option to extend [true false]

true

Lease term of contract

10 years

$ 1,413,000,000

Cumulative effect adjustments to accumulated deficit

^[1]

1,208,000,000

$ 1,208,000,000

15,000,000

4,000,000

Impairment charge, net of tax effect, to ROU assets

$ 46,000,000

Accounting Standards Update 2016-02

Summary Of Significant Accounting Policies [Line Items]

$ 1,400,000,000

Derecognition of property and equipment, net

1,600,000,000

41,000,000

Financing obligations derecognized

39,000,000

Cumulative effect adjustments to accumulated deficit

15,000,000

Impairment charge, net of tax effect, to ROU assets

20,000,000

Deferred gain, net of tax effect, related to sales and operating leasebacks

4,000,000

Derecognition of assets and liabilities, net of tax

$ 1,000,000

Comprehensive Business Review

Summary Of Significant Accounting Policies [Line Items]

Retail stores closure period

3 years

Number of retail stores closed | Store

208

Business Acceleration Program

Summary Of Significant Accounting Policies [Line Items]

Number of retail stores planned to be closed | Store

Number of other facilities planned to be closed | DistributionCenterandSalesOffice

Number of other facilities closed | DistributionCenterandSalesOffice

Minimum

Summary Of Significant Accounting Policies [Line Items]

Extend renewal terms of the lease

5 years

Maximum

Summary Of Significant Accounting Policies [Line Items]

Extend renewal terms of the lease

25 years

Lease term of contract

12 months

Maximum | Comprehensive Business Review

Summary Of Significant Accounting Policies [Line Items]

Number of retail stores planned to be closed | Store

300

Buildings | Minimum

Summary Of Significant Accounting Policies [Line Items]

Estimated useful lives of depreciable assets, years

15 years

Buildings | Maximum

Summary Of Significant Accounting Policies [Line Items]

Estimated useful lives of depreciable assets, years

30 years

Furniture, fixtures and equipment | Minimum

Summary Of Significant Accounting Policies [Line Items]

Estimated useful lives of depreciable assets, years

3 years

Furniture, fixtures and equipment | Maximum

Summary Of Significant Accounting Policies [Line Items]

Estimated useful lives of depreciable assets, years

10 years

Computer Software for Common Office Applications

Summary Of Significant Accounting Policies [Line Items]

Estimated useful lives of depreciable assets, years

3 years

Computer Software for Larger Business Application

Summary Of Significant Accounting Policies [Line Items]

Estimated useful lives of depreciable assets, years

5 years

Computer Software for Enterprise Wide Systems

Summary Of Significant Accounting Policies [Line Items]

Estimated useful lives of depreciable assets, years

7 years

Software | Minimum

Summary Of Significant Accounting Policies [Line Items]

Estimated useful lives of depreciable assets, years

3 years

Software | Maximum

Summary Of Significant Accounting Policies [Line Items]

Estimated useful lives of depreciable assets, years

7 years

Vendor Arrangements Receivables

Summary Of Significant Accounting Policies [Line Items]

Other receivables

$ 162,000,000

183,000,000

$ 162,000,000

Prepaid Expenses and Other Current Assets

Summary Of Significant Accounting Policies [Line Items]

Restricted cash

2,000,000

$ 2,000,000

2,000,000

Non-US

Summary Of Significant Accounting Policies [Line Items]

Cash and cash equivalents

$ 190,000,000

[1]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)

12 Months Ended

Dec. 28, 2019

Accounting Policies [Abstract]

Nature of Business

Nature of Business: Office Depot, Inc. including its consolidated subsidiaries (“Office Depot” or the “Company”), is a leading provider of business services and supplies, products and technology solutions to small, medium and enterprise businesses, through a fully integrated business-to-business (“B2B”) distribution platform of 1,307 retail stores, online presence, and dedicated sales professionals and technicians. Through its banner brands Office Depot®, OfficeMax®, CompuCom® and Grand & Toy®, as well as others, the Company offers its customers the tools and resources they need to focus on starting, growing and running their business. The Company’s corporate headquarters is located in Boca Raton, FL, and its primary website is www.officedepot.com.

At December 28, 2019, the Company had three reportable segments (or “Divisions”): Business Solutions Division, Retail Division and the CompuCom Division.

Basis of Presentation

Basis of Presentation: The Consolidated Financial Statements of Office Depot include the accounts of all wholly owned and financially controlled subsidiaries prior to disposition. Also, the variable interest entities formed by OfficeMax in prior periods solely related to the Timber Notes and Non-recourse debt are consolidated because the Company is the primary beneficiary. Refer to Note 10 for additional information. The Company owns 88% of a subsidiary that formerly owned assets in Cuba, which were confiscated by the Cuban government in the 1960’s. Due to various asset restrictions, the fair value of this investment is not determinable, and no amounts are included in the Consolidated Financial Statements. Intercompany transactions have been eliminated in consolidation.

In September 2016, the Company’s Board of Directors committed to a plan to sell substantially all of the Company’s International Division operations (the “International Operations”). Accordingly, those operations are presented herein as discontinued operations. The sale of the International Operations was complete as of June 30, 2018 and there were no remaining assets or liabilities of discontinued operations in the Consolidated Balance Sheets. Refer to Note 5 for additional information regarding our Divisions and operations in geographic areas and Note 18 for Discontinued Operations information.

Fiscal Year

Fiscal Year: Fiscal years are based on a 52- or 53-week period ending on the last Saturday in December. All years presented in the Consolidated Financial Statements consisted of 52 weeks. Certain subsidiaries, including CompuCom, operate on a calendar year basis; however, the reporting difference did not have a material impact in any period presented.

Estimates and Assumptions

Estimates and Assumptions: The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the Consolidated Financial Statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Business Combinations

Business Combinations: The Company applies the acquisition method of accounting for acquisitions where the Company is considered the accounting acquirer in accordance with ASC Topic 805, “Business Combinations” (“ASC 805”). The results of operations of acquired businesses are included in the Company’s consolidated results prospectively from the date of acquisition. The Company allocates the fair value of purchase consideration to the tangible and intangible assets acquired, liabilities assumed, and non-controlling interests in the acquired entity generally based on their fair values at the acquisition date. Various valuation methodologies are used to estimate the fair value of assets acquired and liabilities assumed, including using a market participant perspective when applying cost, income and relief from royalty analyses, supplemented with market appraisals where appropriate. Significant judgments and estimates are required in preparing these fair value estimates. The excess of the fair value of purchase consideration over the fair value of the assets acquired, liabilities assumed and non-controlling interests in the acquired entity is recorded as goodwill. The primary items that generate goodwill include the value of the synergies between the acquired company and the Company and the value of the acquired assembled workforce, neither of which qualifies for recognition as an intangible asset. Acquisition-related expenses and post-acquisition restructuring costs are recognized separately from the business combination and are expensed as incurred. Refer to Note 2 for additional information.

Foreign Currency

Foreign Currency: International operations in Canada, Mexico, India, Costa Rica and China use local currencies as their functional currency. Assets and liabilities are translated into U.S. dollars using the exchange rate at the balance sheet date. Revenues, expenses and cash flows are translated at average monthly exchange rates, or rates on the date of the transaction for certain significant items. Translation adjustments resulting from this process are recorded in Stockholders’ equity as a component of Accumulated other comprehensive income (loss). Foreign currency transaction gains or losses are recorded in the Consolidated Statements of Operations in Other income (expense), net or Cost of goods sold and occupancy costs, depending on the nature of the transaction.

Cash and Cash Equivalents

Cash and Cash Equivalents: All short-term highly liquid investments with original maturities of three months or less from the date of acquisition are classified as cash equivalents. Amounts in transit from banks for customer credit card and debit card transactions are classified as cash. The banks process the majority of these amounts within two business days.

Amounts not yet presented for payment to zero balance disbursement accounts of $25 million and $27 million at December 28, 2019 and December 29, 2018, respectively, are presented in Trade accounts payable and Accrued expenses and other current liabilities.

At December 28, 2019, cash and cash equivalents from continuing operations held outside the United States amounted to $190 million.

Restricted Cash

Restricted Cash: Restricted cash consists primarily of short-term cash deposits having original maturity dates of twelve months or less that serve as collateral to certain of the Company’s letters of credit. Restricted cash is valued at cost, which approximates fair value. At December 28, 2019 and December 29, 2018, restricted cash amounted to $2 million and is included in Prepaid expenses and other current assets in the Consolidated Balance Sheets.

Receivables

Receivables: Trade receivables totaled $599 million and $655 million at December 28, 2019 and December 29, 2018, respectively, net of an allowance for doubtful accounts of $10 million in both periods, to reduce receivables to an amount expected to be collectible from customers.

Exposure to credit risk associated with trade receivables is limited by having a large customer base that extends across many different industries and geographic regions. However, receivables may be adversely affected by an economic slowdown in the United States or internationally. No single customer accounted for more than 10% of total sales or receivables in 2019, 2018 or 2017. Other receivables were $225 million and $230 million at December 28, 2019 and December 29, 2018, respectively, of which $162 million and $183 million, respectively, are amounts due from vendors under purchase rebate, cooperative advertising and various other marketing programs.

Inventories

Inventories: Inventories are stated at the lower of cost or net realizable value and are reduced for inventory losses based on estimated obsolescence and the results of physical counts. The weighted average method is used throughout the Company to determine the cost of inventory. In-bound freight is included as a cost of inventories; cash discounts and certain vendor allowances that are related to inventory purchases are recorded as a product cost reduction.

Income Taxes

Income Taxes: Income taxes are accounted for under the asset and liability method. This approach requires the recognition of deferred tax assets and liabilities attributable to differences between the carrying amounts and the tax bases of assets and liabilities and operating loss and tax credit carryforwards. Valuation allowances are recorded to reduce deferred tax assets to the amount believed to be more likely than not to be realized. The Company recognizes tax benefits from uncertain tax positions when it is more likely than not that the position will be sustained upon examination. Interest related to income tax exposures is included in interest expense in the Consolidated Statements of Operations. Refer to Note 6 for additional information on income taxes.

Property and Equipment

Property and Equipment: Property and equipment additions are recorded at cost. Depreciation and amortization is recognized over the estimated useful lives using the straight-line method. The useful lives of depreciable assets are estimated to be 15-30 years for buildings and 3-10 years for furniture, fixtures and equipment. Computer software is amortized over three years for common office applications, five years for larger business applications and seven years for certain enterprise-wide systems. Leasehold improvements are amortized over the shorter of the estimated economic lives of the improvements or the terms of the underlying leases, including renewal options considered reasonably assured. The Company capitalizes certain costs related to internal use software that is expected to benefit future periods. These costs are amortized using the straight-line method over the 3 to 7 year expected life of the software. Major repairs that extend the useful lives of assets are capitalized and amortized over the estimated use period. Routine maintenance costs are expensed as incurred. Refer to Note 8 for additional information on property and equipment.

Goodwill and Other Intangible Assets

Goodwill and Other Intangible Assets: Goodwill represents the excess of the purchase price of an acquired entity over the fair value of the net tangible and identifiable intangible assets acquired and liabilities assumed in a business combination. The Company reviews the carrying amount of goodwill at the reporting unit level on an annual basis, or more frequently, if events or changes in circumstances suggest that goodwill may not be recoverable. For those reporting units where events or change in circumstances indicate that potential impairment indicators exist, the Company performs a quantitative assessment to determine whether the carrying amount of goodwill can be recovered. A significant amount of judgment is involved in determining if an indicator of impairment has occurred.

When performing the annual goodwill impairment test, the Company may start with an optional qualitative assessment. As part of the qualitative assessment, the Company evaluates all events and circumstances, including both positive and negative events, in their totality, to determine whether it is not more likely than not that the fair value of a reporting unit is less than its carrying amount. If the Company bypasses the qualitative assessment, or if the qualitative assessment indicates that a quantitative analysis should be performed, the Company evaluates goodwill for impairment by comparing the fair value of a reporting unit to its carrying value, including the associated goodwill. The Company estimates the reporting unit’s fair value using discounted cash flow analysis and market-based evaluations, when available. If the carrying amount of the reporting unit exceeds the estimated fair value, an impairment charge is recorded to reduce the carrying value to the estimated fair value. The Company typically uses a combination of different Level 3 valuation approaches that are dependent on several significant estimates and assumptions related to forecasts of future revenues, cost of sales, expenses and the weighted-average cost of capital for each reporting unit. Any adverse change in these factors could have a significant impact on the recoverability of goodwill and could have a material impact on the Company’s Consolidated Financial Statements.

An intangible asset with an indefinite useful life is not amortized but assessed for impairment annually. The Company evaluates its indefinite-lived intangible assets for impairment annually, or sooner if indications of possible impairment are identified. When performing the annual impairment test, the Company may first start with an optional qualitative assessment to determine whether it is not more likely than not that its indefinite-lived intangible assets are impaired. As part of a qualitative assessment, the Company evaluates relevant events and circumstances that could affect the significant inputs used to determine the fair value of the indefinite-lived intangible asset. If the Company bypasses the qualitative assessment, or if the qualitative assessment indicates that a quantitative analysis should be performed, the Company evaluates its indefinite-lived intangible assets for impairment by comparing the fair value of the asset to its carrying amount.

During the third quarter of 2019, the Company decided to change its annual goodwill and indefinite lived intangible assets impairment assessment date from the first day of the third quarter to the first day of fiscal month December. The change in measurement date represents a change in method of applying an accounting principle. This change was preferable because it aligned the Company’s impairment testing procedures with its annual business planning and budgeting process, which occurs in the fourth quarter of each year, and with the timing of the development of its multi-year strategic plan. This change in accounting principle related to the annual testing date did not delay, accelerate or avoid an impairment charge. This change was not applied retrospectively as it was impracticable to do so because retrospective application would have required application of significant estimates and assumptions with the use of hindsight. Accordingly, the change was applied prospectively. In addition, this change did not have a material impact on the Company’s Consolidated Financial Statements.

Intangible assets determined to have finite lives are amortized on a straight-line basis over their estimated useful lives, where the useful life is the period over which the asset is expected to contribute directly, or indirectly, to the Company’s future cash flows. The Company periodically reviews its amortizable intangible assets to determine whether events and circumstances warrant a revision to the remaining period of amortization or asset impairment.

Refer to Note 9 for additional information on goodwill and other intangible assets.

Impairment of Long-Lived Assets

Impairment of Long-Lived Assets: Long-lived assets with identifiable cash flows are reviewed for possible impairment whenever events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. Retail store long-lived assets are regularly reviewed for impairment indicators. Impairment is assessed at the individual store level which is the lowest level of identifiable cash flows and considers the estimated undiscounted cash flows over the asset’s remaining life. If estimated undiscounted cash flows are insufficient to recover the investment, an impairment loss is recognized equal to the difference between the estimated fair value of the asset and its carrying value, net of salvage, and any costs of disposition. The fair value estimate is generally the discounted amount of estimated store-specific cash flows.

Facility Closure and Severance Costs

Facility Closure and Severance Costs: Retail store performance is regularly reviewed against expectations and stores not meeting performance requirements may be closed. During the third quarter of 2016, the Company initiated a program to close up to 300 underperforming retail stores over a three-year period as part of the comprehensive business review (the “Comprehensive Business Review”). The Company completed 208 retail store closures through the conclusion of the program in 2019. During the second quarter of 2019, the Company initiated a new program to close approximately 90 underperforming retail stores in 2020 and 2021, and 9 other facilities, consisting of distribution centers and sales offices, as part of the Business Acceleration Program. Through the end of 2019, the Company closed 7 other facilities since announcing the Business Acceleration Program.

Costs associated with facility closures, principally accrued lease costs, are recognized when the facility is no longer used in an operating capacity or when a liability has been incurred. Retail store assets, including operating lease right-of-use (“ROU”) assets, are also reviewed for possible impairment, or reduction of estimated useful lives.

The Company recognizes charges or credits to adjust remaining closed facility accruals to reflect current expectations. Adjustments to facility closure costs are presented in the Consolidated Statements of Operations in Selling, general and administrative expenses if the related facility was closed as part of ongoing operations or in Merger and restructuring expenses, net, if the related facility was closed as part of a merger integration plan or restructuring plan. Refer to Note 3 for additional information on accrued expenses relating to closed facilities. The short-term and long-term components of this liability are included in Accrued expenses and other current liabilities and Deferred income taxes and other long-term liabilities, respectively, in the Consolidated Balance Sheets. Employee termination costs covered under written and substantive plans are accrued when probable and estimable and consider continuing service requirements, if any. Additionally, incremental one-time employee benefit costs are recognized when the key terms of the arrangements have been communicated to affected employees. Amounts are recognized when communicated or over the remaining service period, based on the terms of the arrangements.

Accrued Expenses

Accrued Expenses: The major components of Accrued expenses and other current liabilities in the Consolidated Balance Sheets are tax liabilities, payroll and benefit accruals, customer rebates accruals and inventory receipts accruals. In addition, the December 28, 2019 Consolidated Balance Sheet includes the short-term portion of the Company’s operating lease liabilities. Accrued payroll and benefits were $150 million and $173 million at December 28, 2019 and December 29, 2018, respectively.

Fair Value of Financial Instruments

Fair Value of Financial Instruments: The Company measures fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. In developing its fair value estimates, the Company uses the following hierarchy:

Level 1

Quoted prices in active markets for identical assets or liabilities.

Level 2

Observable market-based inputs or unobservable inputs that are corroborated by market data.

Level 3

Significant unobservable inputs that are not corroborated by market data. Generally, these fair value measures are model-based valuation techniques such as discounted cash flows or option pricing models using own estimates and assumptions or those expected to be used by market participants.

The fair values of cash and cash equivalents, receivables, trade accounts payable and accrued expenses and other current liabilities approximate their carrying values because of their short-term nature. Refer to Note 16 for further fair value information.

Revenue Recognition

Revenue Recognition: Revenue is recognized upon transfer of control of promised products or services to customers in an amount that reflects the consideration the Company expects to be entitled to in exchange for those products or services. For product sales, transfer of control occurs at a point in time, typically upon delivery to the customer. For service offerings, the transfer of control and satisfaction of the performance obligation is either over time or at a point in time. When performance obligations are satisfied over time, the Company evaluates the pattern of delivery and progress each reporting period and, if necessary, adjusts the measure of performance and related revenue recognition. Revenue is recognized net of allowance for returns and net of any taxes collected from customers, which are subsequently remitted to governmental authorities. Shipping and handling fees are included in Sales in the Consolidated Statements of Operations. Shipping and handling costs are considered fulfillment activities and are included in Cost of goods sold and occupancy costs in the Consolidated Statements of Operations. The Company recognizes sales, other than third-party software sales, on a gross basis when it is considered the primary obligor in the transaction and on a net basis when it is considered to be acting as an agent. The Company recognizes sales of third-party software on a net basis. The Company uses judgment in estimating sales returns, considering numerous factors such as historical sales return rates. The Company also records reductions to revenue for customer programs and incentive offerings including special pricing agreements, certain promotions and other volume-based incentives.

A liability for future performance is recognized when gift cards are sold and the related revenue is recognized when gift cards are redeemed as payment for products or when the likelihood of gift card redemption is considered remote. Gift cards do not have an expiration date. The Company recognizes the estimated portion of the gift card program liability that will not be redeemed, or the breakage amount, in proportion to usage.

PRODUCTS AND SERVICES REVENUE

The following table provides information about disaggregated revenue by Division, and major products and services categories.

	2019
(In millions)	Business Solutions Division		Retail Division		CompuCom Division		Other			Total
Major products and services categories
Products
Supplies	$	2,961	$	1,670	$	—	$	16		$	4,647
Technology		1,236		1,702		271		2			3,211
Furniture and other		750		421		—		5			1,176
Services
Technology		—		29		709		(14	)		724
Copy, print, and other		332		541		14		2			889
Total	$	5,279	$	4,363	$	994	$	11		$	10,647

	2018
(In millions)	Business Solutions Division		Retail Division		CompuCom Division		Other			Total
Major products and services categories
Products
Supplies	$	2,942	$	1,753	$	—	$	10		$	4,705
Technology		1,307		1,938		233		(7	)		3,471
Furniture and other		725		414		—		7			1,146
Services
Technology		1		28		843		(4	)		868
Copy, print, and other		307		508		10		—			825
Total	$	5,282	$	4,641	$	1,086	$	6		$	11,015

	2017
(In millions)	Business Solutions Division		Retail Division		CompuCom Division		Other			Total
Major products and services categories
Products
Supplies	$	2,805	$	1,801	$	—	$	7		$	4,613
Technology		1,360		2,155		34		1			3,550
Furniture and other		678		473		—		6			1,157
Services
Technology		—		38		119		—			157
Copy, print, and other		265		495		3		—			763
Total	$	5,108	$	4,962	$	156	$	14		$	10,240

Products revenue includes the sale of:

•

Supplies such as paper, writing instruments, office supplies, cleaning and breakroom items;

•

Technology related products such as toner and ink, printers, computers, tablets and accessories, and electronic storage; and

•

Furniture and other products such as desks, seating, and luggage.

Services revenue includes the sale of:

•

Cost of Goods Sold and Occupancy Costs

Cost of Goods Sold and Occupancy Costs: Cost of goods sold and occupancy costs include:

inventory costs (as discussed above);

outbound freight;

employee and non-employee receiving, distribution, and occupancy costs (rent), including depreciation, real estate taxes and common area costs, of inventory-holding and selling locations; and

identifiable employee-related costs associated with services provided to customers.

Selling, General and Administrative Expenses

Selling, General and Administrative Expenses: Selling, general and administrative expenses include amounts incurred related to expenses of operating and support functions, including:

employee payroll and benefits, including variable pay arrangements;

advertising;

store and field support;

executive management and various staff functions, such as information technology, human resources functions, finance, legal, internal audit, and certain merchandising and product development functions;

other operating costs incurred relating to selling activities; and

closed defined benefit pension and postretirement plans.

Selling, general and administrative expenses are included in the determination of Division operating income to the extent those costs are considered to be directly or closely related to segment activity and through allocation of support costs.

Merger and Restructuring Expenses, net

Merger and Restructuring Expenses, net: Merger and restructuring expenses, net in the Consolidated Statements of Operations includes charges and, where applicable, credits for costs such as acquisition related expenses, employee termination and retention, transaction and integration-related professional fees, facility closure costs, gains and losses on asset dispositions, and other incremental costs directly related to these activities.

This presentation is used to separately identify these significant costs apart from expenses incurred to sell to and service the Company’s customers or that are more directly related to ongoing operations. Changes in estimates and accruals related to these activities are also reflected on this line. Merger and restructuring expenses, net are not included in the measure of Division operating income. Refer to Note 3 for additional information.

Advertising

Advertising: Advertising expenses are charged to Selling, general and administrative expenses when incurred. Advertising expenses recognized were $249 million in 2019, $270 million in 2018 and $264 million in 2017. Prepaid advertising expenses were $6 million as of December 28, 2019, $5 million as of December 29, 2018 and $6 million as of December 30, 2017.

Share-Based Compensation

Share-Based Compensation: Compensation expense for all share-based awards expected to vest is measured at fair value on the date of grant and recognized on a straight-line basis over the related service period. The fair value of restricted stock and restricted stock units, including performance-based awards, is determined based on the Company’s stock price on the date of grant. Share-based awards with market conditions, such as total shareholder return, are valued using a Monte Carlo simulation as measured on the grant date.

Self-insurance

Self-insurance: Office Depot is primarily self-insured for workers’ compensation, auto and general liability and employee medical insurance programs. The Company has stop-loss coverage to limit the exposure arising from these claims. Self-insurance liabilities are based on claims filed and estimates of claims incurred but not reported. These liabilities are not discounted.

Vendor Arrangements

Vendor Arrangements: The Company enters into arrangements with substantially all significant vendors that provide for some form of consideration to be received from the vendors. Arrangements vary, but some specify volume rebate thresholds, advertising support levels, as well as terms for payment and other administrative matters. The volume-based rebates, supported by a vendor agreement, are estimated throughout the year and reduce the cost of inventory and cost of goods sold during the year. This estimate is regularly monitored and adjusted for current or anticipated changes in purchase levels and for sales activity. Other promotional consideration received is event-based or represents general support and is recognized as a reduction of Cost of goods sold and occupancy costs or Inventories, as appropriate, based on the type of promotion and the agreement with the vendor. Certain arrangements meet the specific, incremental, identifiable criteria that allow for direct operating expense offset, but such arrangements are not significant.

Pension and Other Postretirement Benefits

Pension and Other Postretirement Benefits: The Company sponsors certain closed U.S. and U.K. defined benefit pension plans, certain closed U.S. retiree medical benefit and life insurance plans, as well as a Canadian retiree medical benefit plan open to certain employees.

The Company recognizes the funded status of its defined benefit pension, retiree medical benefit and life insurance plans in the Consolidated Balance Sheets, with changes in the funded status recognized primarily through accumulated other comprehensive income (loss), net of tax, in the year in which the changes occur. Actuarially-determined liabilities related to pension and postretirement benefits are recorded based on estimates and assumptions. Factors used in developing estimates of these liabilities include assumptions related to discount rates, rates of return on investments, healthcare cost trends, benefit payment patterns and other factors. The Company also updates periodically its assumptions about employee retirement factors, mortality, and turnover. Refer to Note 15 for additional details.

Environmental and Asbestos Matters

Environmental and Asbestos Matters: Environmental and asbestos liabilities relate to acquired legacy paper and forest products businesses and timberland assets. The Company accrues for losses associated with these obligations when probable and reasonably estimable. These liabilities are not discounted. A receivable for insurance recoveries is recorded when probable.

Leasing Arrangements

Leasing Arrangements: The Company conducts a substantial portion of its business in leased properties. The Company first determines whether an arrangement is a lease at inception. Once that determination is made, leasing arrangements are presented in the Consolidated Balance Sheet as follows:

•

Finance leases:

Property and equipment, net –leases which were referred to as capital leases under the old accounting standard;

Short-term borrowings and current maturities of long-term debt – short-term obligations to make lease payments arising from the finance lease; and

Long-term debt, net of current maturities – long-term obligations to make lease payments arising from the finance lease.

•

Operating leases:

ROU assets – the Company’s right to use the underlying asset for the lease term;

Accrued expenses and other current liabilities – short-term obligations to make lease payments arising from the operating lease; and

Operating lease liabilities – long-term obligations to make lease payments arising from the operating lease.

Operating lease ROU assets and liabilities are recognized at commencement date based on the present value of the future minimum lease payments over the lease term. As the rate implicit in the lease is not readily determinable for any of the leases, the Company has utilized its incremental borrowing rate based on the information available at commencement date in determining the present value of future payments. The determination of the appropriate incremental borrowing rate requires management to use significant estimates and assumptions as to its credit rating, base rates and credit spread, and other management assumptions for the impact of collateral. The operating lease ROU asset also includes any lease payments made prior to commencement and excludes lease incentives and initial direct costs incurred. Certain leases include one or more options to renew, with renewal terms that can extend the lease from five to 25 years or more, which is generally at the Company’s discretion. Any option or renewal periods management believed were reasonably certain of being exercised are included in the lease term, and are used in calculating the operating lease ROU assets and lease liabilities. In addition, some of the Company’s leases contain escalation clauses. The Company recognizes rental expense for operating leases that contain predetermined fixed escalation clauses on a straight-line basis over the expected term of the lease.

The Company has lease agreements with lease and non-lease components, for which it has made an accounting policy election to account for these as a single lease component. Refer to the “New Accounting Standards” section below for more information including the impact in the Consolidated Financial Statements relating to the adoption of the new lease accounting standard.

New Accounting Standards

NEW ACCOUNTING STANDARDS

Standards that are not yet adopted:

Financial Instruments – Credit Losses: In June 2016, the Financial Accounting Standards Board (“FASB”) issued an accounting standard update that modifies the measurement of expected credit losses for most financial assets and certain other instruments that are not measured at fair value through net income. The update will change the accounting for credit impairment by adding an impairment model that is based on expected losses rather than incurred losses. In July 2018, the FASB approved an amendment to the new guidance that provides transition relief to the adopting entities and allows for an election of the fair value option on certain financial instruments. This accounting standard update, as amended, is effective for fiscal years beginning after December 15, 2019 and interim periods within those fiscal years, with early adoption permitted for fiscal years beginning after December 15, 2018. The Company evaluated the impact of this new standard and believes the adoption will not have a material impact on its Consolidated Financial Statements.

Cloud computing arrangements: In August 2018, the FASB issued an accounting standard update that provides guidance regarding the accounting for implementation costs in cloud computing arrangements. This accounting update is effective for fiscal years beginning

after December 15, 2019 and interim periods within those fiscal years, with early adoption permitted. The Company evaluated the impact of this new standard and believes the adoption will not have a material impact on its Consolidated Financial Statements.

Defined benefit plan: In August 2018, the FASB issued an accounting standard update that modifies the disclosure requirements for employers that sponsor defined benefit pension or other postretirement plans. This accounting update is effective for fiscal years beginning after December 15, 2020 and interim periods within those fiscal years, with early adoption permitted. The Company is evaluating the impact of this new standard and believes the adoption will not have a material impact on its Consolidated Financial Statements.

Standards that were adopted:

Leases: In February 2016, the FASB issued an accounting standard update that requires lessees to recognize most leases on their balance sheets related to the rights and obligations created by those leases. The accounting treatment for finance leases and lessors remains relatively unchanged. The accounting standard update also requires additional qualitative and quantitative disclosures related to the nature, timing and uncertainty of cash flows arising from leases. In July 2018, the FASB approved an amendment to the new guidance that introduced an alternative modified retrospective transition approach granting companies the option of using the effective date of the new standard as the date of initial application. The Company adopted the standard on the first day of the first quarter of 2019 using this alternative transition approach.

The Company elected the transition package of practical expedients that is permitted by the standard. The package of practical expedients allows the Company to not reassess previous accounting conclusions regarding whether existing arrangements are or contain leases, the classification of existing leases, and the treatment of initial direct costs. The Company did not elect the hindsight transition practical expedient allowed for by the new standard, which allows entities to use hindsight when determining lease term and impairment of operating lease ROU assets. Additionally, the Company elected certain other practical expedients offered by the new standard which it will apply to all asset classes, including the option not to separate lease and non-lease components and instead to account for them as a single lease component and the option not to recognize ROU assets and related liabilities that arise from short-term leases (i.e., leases with terms of twelve months or less that do not include an option to purchase the underlying asset that the Company is reasonably certain to exercise).

Substantially all of the Company’s retail store locations, supply chain facilities, certain corporate facilities and copy print equipment are subject to operating lease arrangements. As a result, the standard had material impacts in the Consolidated Balance Sheet but did not have an impact in the Consolidated Statement of Operations and Consolidated Statement of Cash Flows. The most significant impacts of the standard in the Consolidated Balance Sheet on the date of adoption were as follows:

•

Recognition of $1.4 billion Operating lease right-of-use assets and $1.6 billion Operating lease liabilities;

•

Derecognition of approximately $41 million of Property and equipment, net and $39 million of financing obligations associated with non-owned properties that were capitalized under previously existing build-to-suit lease accounting rules; and

•

Cumulative effect of $15 million adoption date adjustments to Accumulated deficit comprised of a $20 million impairment charge, net of tax effect, to the operating lease ROU assets, primarily because the fair market value of certain retail stores was lower than their carrying value prior to the adoption date; $4 million deferred gain, net of tax effect, related to transactions accounted for as sales and operating leasebacks under the previous lease accounting standard; and a $1 million credit, net of tax effect, arising from the derecognition of assets and liabilities associated with non-owned properties that were capitalized under previously existing build-to-suit lease accounting rules.

As part of its adoption of the new lease accounting standard, the Company also implemented new internal controls and updated accounting policies and procedures, operational processes and documentation practices to enable the preparation of financial information on adoption. Refer to Note 12 for additional disclosures required as a result of the adoption of this new standard.

Goodwill: In January 2017, the FASB issued an accounting standard update that simplifies how entities assess goodwill for impairment. The revised guidance eliminates the requirement to perform a hypothetical purchase price allocation to measure goodwill impairment. Under this accounting update, a goodwill impairment loss should instead be measured at the amount by which the carrying amount of a reporting unit exceeds its fair value, not to exceed the carrying amount of goodwill. This accounting standard update is effective for fiscal years beginning after December 15, 2019 and interim periods within those fiscal years, with early

adoption permitted. The Company early-adopted this accounting standard update with no material impact to its Consolidated Financial Statements.

Revenue Recognition and Significant Judgments

REVENUE RECOGNITION AND SIGNIFICANT JUDGMENTS

Contract Balances

CONTRACT BALANCES

The following table provides information about receivables, contract assets and contract liabilities from contracts with customers:

	December 28,		December 29,
(In millions)	2019		2018
Trade receivables, net	$	599	$	655
Short-term contract assets		23		22
Long-term contract assets		17		17
Short-term contract liabilities		52		52
Long-term contract liabilities		1		1

Costs to Obtain a Contract

COSTS TO OBTAIN A CONTRACT

Allocation of Plan Assets (Detail) - United Kingdom	Dec. 28, 2019	Dec. 29, 2018
Defined Benefit Plan Disclosure [Line Items]
Percentage of Plan Assets	100.00%	100.00%
Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Percentage of Plan Assets	18.00%	19.00%
Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Percentage of Plan Assets	82.00%	81.00%

Schedule of Components of Income from Continuing Operations before Income Taxes (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Income Tax Disclosure [Abstract]
United States	$ 116	$ 138	$ 295
Foreign	30	20	4
Income from continuing operations before income taxes	$ 146	$ 158	$ 299

DISCONTINUED OPERATIONS

12 Months Ended

Dec. 28, 2019

Discontinued Operations And Disposal Groups [Abstract]

DISCONTINUED OPERATIONS

NOTE 18. DISCONTINUED OPERATIONS

In the third quarter of 2016, the Company’s Board of Directors approved a plan to sell substantially all of the operations of the former International Division through four disposal groups (Europe, South Korea, Oceania and mainland China). Collectively, these dispositions represent a strategic shift that had a major impact on the Company’s operations and financial results and have been accounted for as discontinued operations. As of the end of fiscal 2018, the sale of the International Operations was complete, and there are no further discontinued operations in 2019. As part of the disposition of its European business operations, the Company retained responsibility for the frozen defined benefits pension plan in the United Kingdom, which is included in continuing operations.

The sale and purchase agreement related to the disposition of the European business operations contains customary warranties of the Company and the purchaser, with the Company’s warranties limited to an aggregate of EUR 10 million. The Company monitors its estimated exposure to liabilities under the warranties under the sales and purchase agreement, and as of December 28, 2019, the Company believes it has made adequate provisions for its potential exposures related to these warranties. In addition, the Company retains certain guarantees in place with respect to the liabilities or obligations of the European Business and remains contingently liable for these obligations. However, the Purchaser must indemnify and hold the Company harmless for any losses in connection with these guarantees. The Company currently does not believe it is probable it would be required to perform under any of these guarantees or any of the underlying obligations.

The major components of Discontinued operations, net of tax presented in the Consolidated Statements of Operations are presented below.

(In millions)	2018			2017
Sales	$	115		$	512
Cost of goods sold and occupancy costs		88			411
Operating expenses		21			102
Restructuring charges		1			2
Interest income		—			1
Other expense, net		(1	)		—
Net (increase) reduction of loss on discontinued operations held for sale		(1	)		44
Net gain (loss) on sale of discontinued operations		(4	)		4
Income tax expense (benefit)		(6	)		11
Discontinued operations, net of tax	$	5		$	35

Weighted Average Assumptions Used in the Measurement of Benefit Obligations (Detail)	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Discount rate	3.26%	4.31%	3.71%
Other Benefits \| United States
Defined Benefit Plan Disclosure [Line Items]
Discount rate	2.80%	3.90%	3.30%
Other Benefits \| Canada
Defined Benefit Plan Disclosure [Line Items]
Discount rate	3.10%	3.90%	3.40%

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 28, 2019	Dec. 29, 2018
Statement Of Financial Position [Abstract]
Common stock, authorized	800,000,000	800,000,000
Common stock, par value	$ 0.01	$ 0.01
Common stock, issued shares	620,424,775	614,170,704
Common stock, shares, outstanding	535,182,317	543,833,428
Treasury stock, shares	85,242,458	70,337,276

STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Dec. 28, 2019

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Summary of Status of Company's Nonvested Shares

A summary of the status of the Company’s nonvested shares and changes during 2019, 2018 and 2017 is presented below.

	2019					2018					2017
	Shares			Weighted Average Grant- Date Price		Shares			Weighted Average Grant- Date Price		Shares			Weighted Average Grant- Date Price
Outstanding at beginning of year		14,964,187		$	3.05		10,293,690		$	4.33		12,747,791		$	4.41
Granted		7,402,359			2.99		10,639,147			2.33		6,200,730			4.34
Vested		(5,934,396	)		3.09		(4,197,669	)		4.37		(5,765,015	)		4.61
Forfeited		(2,484,591	)		2.86		(1,770,981	)		3.08		(2,889,816	)		4.16
Outstanding at end of year		13,947,559		$	3.04		14,964,187		$	3.05		10,293,690		$	4.33

Summary of Performance Based Long Term Incentive Program

A summary of the activity in the performance-based long-term incentive program since inception is presented below.

	2019					2018					2017
	Shares			Weighted Average Grant- Date Price		Shares			Weighted Average Grant- Date Price		Shares			Weighted Average Grant- Date Price
Outstanding at beginning of year		19,133,969		$	2.88		10,187,045		$	4.42		13,742,384		$	4.66
Granted		10,267,429			3.10		13,287,817			2.37		5,099,667			4.18
Vested		(2,843,657	)		3.31		(1,211,764	)		9.45		(6,556,274	)		4.59
Forfeited		(6,616,631	)		2.89		(3,129,129	)		3.12		(2,098,732	)		4.67
Outstanding at end of year		19,941,110		$	2.91		19,133,969		$	2.88		10,187,045		$	4.42

Fair Value Measurements - Additional Information (Detail) - USD ($)	3 Months Ended					12 Months Ended
	Dec. 28, 2019	Sep. 28, 2019	Jun. 29, 2019	Mar. 30, 2019	Dec. 29, 2018	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Asset impairments	$ 6,000,000	$ 5,000,000	$ 16,000,000	$ 29,000,000	$ 7,000,000	$ 56,000,000	$ 7,000,000	$ 4,000,000
Impairment of operating lease ROU assets						$ 46,000,000
Retail Stores \| Significant Unobservable Inputs (Level 3)
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Percentage used for analysis						7.00%
Retail Stores \| Significant Unobservable Inputs (Level 3) \| A 100 basis point decrease in anticipated sales
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Decrease in sales for scenario						1.00%
Decrease in gross margin for scenario						0.50%
Retail Stores \| Significant Unobservable Inputs (Level 3) \| 50 basis point decrease in anticipated gross margins
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Decrease in sales for scenario	1.00%
Maximum \| Retail Stores \| Significant Unobservable Inputs (Level 3) \| A 100 basis point decrease in anticipated sales \| Additional impairment charges
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Asset impairments	$ 1,000,000
Maximum \| Retail Stores \| Significant Unobservable Inputs (Level 3) \| 50 basis point decrease in anticipated gross margins \| Additional impairment charges
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Asset impairments	$ 1,000,000

SEGMENT INFORMATION (Tables)

12 Months Ended

Dec. 28, 2019

Segment Reporting [Abstract]

Summary of Significant Accounts and Balances by Segment, Reconciled to Consolidated Totals

A summary of significant accounts and balances by segment, reconciled to consolidated totals, after the elimination of discontinued operations for all periods is as follows.

(In millions)		Business Solutions Division		Retail Division		CompuCom Division			Other			Corporate and Discontinued Operations*		Consolidated Total
Sales	2019	$	5,279	$	4,363	$	994		$	11		$	—	$	10,647
	2018		5,282		4,641		1,086			6			—		11,015
	2017		5,108		4,962		156			14			—		10,240
Division operating income (loss)	2019		271		194		(2	)		—			—		463
	2018		243		193		17			(2	)		—		451
	2017		262		254		8			(3	)		—		521
Capital expenditures	2019		43		68		10			—			29		150
	2018		43		108		14			—			22		187
	2017		45		78		5			—			13		141
Depreciation and amortization	2019		66		91		39			—			8		204
	2018		64		83		38			—			7		192
	2017		62		78		5			—			14		159
Charges for losses on receivables and inventories	2019		—		25		1			—			—		26
	2018		3		32		2			—			—		37
	2017		8		62		—			—			—		70
Assets	2019		1,803		2,403		989			10			2,106		7,311
	2018		1,686		1,277		1,033			6			2,164		6,166

*	Amounts included in “Corporate and Discontinued Operations” consist of assets (including all cash and cash equivalents) and depreciation related to corporate activities of continuing operations.

Reconciliation of Measure of Division Operating Income to Consolidated Income Before Income Taxes

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

(In millions)	2019			2018			2017
Division operating income	$	463		$	451		$	521
Add/(subtract):
Asset impairments		(56	)		(7	)		(4	)
Merger and restructuring expenses, net		(116	)		(72	)		(94	)
Legal expense accrual		—			(25	)		—
Unallocated expenses		(100	)		(93	)		(96	)
Interest income		23			25			22
Interest expense		(89	)		(121	)		(62	)
Loss on extinguishment and modification of debt		—			(15	)		—
Other income, net		21			15			12
Income from continuing operations before income taxes	$	146		$	158		$	299

Assumptions Used in Calculating Funded Status (Detail) - United Kingdom	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Defined Benefit Plan Disclosure [Line Items]
Expected long-term rate of return on plan assets	1.76%	2.61%	2.64%
Discount rate	2.10%	3.00%	2.60%
Inflation	2.90%	3.10%	3.10%

Future Minimum Lease Payments due under Non-Cancelable Portions of Leases (Detail) $ in Millions	Dec. 29, 2018 USD ($)
Leases [Abstract]
2019	$ 466
2020	374
2021	285
2022	214
2023	144
Thereafter	235
Total before sublease income	1,718
Less sublease income	(11)
Total	$ 1,707

FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Dec. 28, 2019

Fair Value Disclosures [Abstract]

Schedule of Fair Value of Assets and Liabilities

The following table presents information about financial instruments at the balance sheet dates indicated.

	December 28,				December 29,
	2019				2018
(In millions)	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Financial assets:
Timber notes receivable	$	819	$	819	$	842	$	835
Company-owned life insurance		91		91		91		91
Financial liabilities:
Recourse debt:
Term Loan, due 2022		393		409		463		490
Revenue bonds, due in varying amounts periodically through 2029		186		186		186		184
American & Foreign Power Company, Inc. 5% debentures, due 2030		15		14		14		14
Non-recourse debt — Timber notes		735		735		754		750

Schedule of Maturities of Recourse Debt, Finance Lease and Other Financing Obligations (Detail) - USD ($)
$ in Millions

Dec. 28, 2019

Dec. 29, 2018

Less interest on finance leases

$ 110

297

707

^[1]

(13)

Total

694

Less: Current portion

(106)

Unamortized debt issuance cost and discount

(13)

Total

$ 575

$ 690

[1]	Finance lease payments include $17 million related to options to extend lease terms that are reasonably certain of being exercised.

Employee Benefit Plans - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Retirement Savings Plans
Defined Benefit Plan Disclosure [Line Items]
Compensation expense relating to retirement savings plans	$ 25,000,000	$ 26,000,000	$ 21,000,000
Change in Mortality Table
Defined Benefit Plan Disclosure [Line Items]
Increase (decrease) in pension obligations	$ 17,000,000	$ (3,000,000)
Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Expected long-term return on plan assets	5.44%	5.28%	5.76%
North America
Defined Benefit Plan Disclosure [Line Items]
Expected long-term return on plan assets	5.16%
North America \| Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Pension contributions, current period	$ 3,000,000
Pension contributions, for 2020	$ 10,000,000
United Kingdom
Defined Benefit Plan Disclosure [Line Items]
Expected long-term return on plan assets	1.76%	2.61%	2.64%
Plan asset target allocation	100.00%	100.00%
Deferred (loss) gain included in accumulated other comprehensive income	$ 8,000,000	$ 16,000,000
Percentage of allowance expense on assets	0.17%
United Kingdom \| United Kingdom Government Securities
Defined Benefit Plan Disclosure [Line Items]
Incremental return on UK government securities	4.50%
United Kingdom \| Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Plan asset target allocation	18.00%	19.00%
United Kingdom \| Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Plan asset target allocation	82.00%	81.00%
Maximum
Defined Benefit Plan Disclosure [Line Items]
Accumulated other comprehensive loss, expected to be amortized	$ 1,000,000
Maximum \| Change in Mortality Table
Defined Benefit Plan Disclosure [Line Items]
Increase (decrease) in other postretirement obligations	1,000,000	$ (1,000,000)
Maximum \| North America
Defined Benefit Plan Disclosure [Line Items]
Impact of one-percentage-point change on operating income	$ 1,000,000
Maximum \| North America \| Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Plan asset target allocation	37.00%
Maximum \| North America \| Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Plan asset target allocation	73.00%
Minimum \| North America \| Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Plan asset target allocation	27.00%
Minimum \| North America \| Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Plan asset target allocation	63.00%

Calculation of Net Earnings Per Common Share (Detail) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions

3 Months Ended

12 Months Ended

Dec. 28, 2019

^[2]

Sep. 28, 2019

^[2]

Jun. 29, 2019

^[2]

Mar. 30, 2019

^[2]

Dec. 29, 2018

^[2]

Sep. 29, 2018

^[2]

Jun. 30, 2018

^[2]

Mar. 31, 2018

^[2]

Dec. 28, 2019

Dec. 29, 2018

Dec. 30, 2017

Basic Earnings Per Share

Net income from continuing operations

$ (14)

^[1]

$ 60

^[1]

$ 19

^[1]

$ 33

^[1]

$ 99

$ 146

Income from discontinued operations, net of tax

(3)

Net income

$ 55

$ 60

$ (24)

$ 8

$ (14)

$ 60

$ 16

$ 41

$ 99

$ 104

$ 181

Weighted-average shares outstanding

545

553

522

$ (0.02)

^[3]

$ 0.11

^[3]

$ 0.03

^[3]

$ 0.06

^[3]

$ 0.18

$ 0.28

Net basic earnings per common share

0.01

^[3]

0.01

0.07

$ 0.10

^[3]

$ 0.11

^[3]

$ (0.04)

^[3]

$ 0.01

^[3]

$ (0.02)

^[3]

$ 0.11

^[3]

$ 0.03

^[3]

$ 0.07

^[3]

$ 0.18

$ 0.19

$ 0.35

Diluted Earnings Per Share

Net income from continuing operations

$ (14)

^[1]

$ 60

^[1]

$ 19

^[1]

$ 33

^[1]

$ 99

$ 146

Income from discontinued operations, net of tax

(3)

Net income

$ 55

$ 60

$ (24)

$ 8

$ (14)

$ 60

$ 16

$ 41

$ 99

$ 104

$ 181

Weighted-average shares outstanding

545

553

522

Stock options and restricted stock

Diluted weighted-average shares outstanding

553

564

535

$ (0.02)

^[3]

$ 0.11

^[3]

$ 0.03

^[3]

$ 0.06

^[3]

$ 0.18

$ 0.27

Net diluted earnings per common share

0.01

^[3]

0.01

0.06

$ 0.10

^[3]

$ 0.11

^[3]

$ (0.04)

^[3]

$ 0.01

^[3]

$ (0.02)

^[3]

$ 0.11

^[3]

$ 0.03

^[3]

$ 0.07

^[3]

$ 0.18

$ 0.19

$ 0.34

[1]	Includes a loss on debt modification of $15 million and a tax benefit of $4 million due to a book-to-tax basis difference related to the sale of Clearpath Holdings, LLC in the fourth quarter of 2018.
[2]	Due to rounding, the sum of the quarterly amounts may not equal the reported amounts for the year.
[3]	The sum of the quarterly earnings per share does not equal the annual earnings per share due to differences in quarterly and annual weighted-average shares outstanding.

Weighted Average Assumptions Used in the Measurement of Net Periodic Benefit Cost (Detail)	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Discount rate	4.31%	3.71%	4.11%
Expected long-term rate of return on plan assets	5.44%	5.28%	5.76%
Other Benefits \| United States
Defined Benefit Plan Disclosure [Line Items]
Discount rate	3.90%	3.30%	3.60%
Other Benefits \| Canada
Defined Benefit Plan Disclosure [Line Items]
Discount rate	3.90%	3.40%	3.80%

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 28, 2019

Goodwill And Intangible Assets Disclosure [Abstract]

Schedule of Goodwill by Segment

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

(In millions)	Business Solutions Division		Retail Division		CompuCom Division		Total
Balance as of December 29, 2018	$	387	$	78	$	449	$	914
Acquisitions		22		—		—		22
Foreign currency rate impact		—		—		7		7
Purchase accounting adjustments		1		—		—		1
Balance as of December 28, 2019	$	410	$	78	$	456	$	944

Schedule of Amortizing Intangible Assets Net

Definite-lived intangible assets, which are included in Other intangible assets, net in the Consolidated Balance Sheets, are as follows:

	December 28, 2019
(In millions)	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Customer relationships	$	412	$	(109	)	$	303
Technology		19		(16	)		3
Total	$	431	$	(125	)	$	306

	December 29, 2018
(In millions)	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Customer relationships	$	408	$	(84	)	$	324
Technology		19		(9	)		10
Favorable leases		11		(4	)		7
Total	$	438	$	(97	)	$	341

Estimated Future Amortization Expense for Intangible Assets

Estimated future amortization expense for the intangible assets is as follows:

(In millions)
2020	$	26
2021		24
2022		23
2023		20
2024		20
Thereafter		193
Total	$	306

Summary of Disaggregated Revenue by Division, Major Product and Service Categories (Detail) - USD ($)
$ in Millions

3 Months Ended

12 Months Ended

Dec. 28, 2019

^[1]

Sep. 28, 2019

^[1]

Jun. 29, 2019

^[1]

Mar. 30, 2019

^[1]

Dec. 29, 2018

^[1]

Sep. 29, 2018

^[1]

Jun. 30, 2018

^[1]

Mar. 31, 2018

^[1]

Dec. 28, 2019

Dec. 29, 2018

Dec. 30, 2017

$ 2,508

$ 2,782

$ 2,588

$ 2,769

$ 2,670

$ 2,887

$ 2,628

$ 2,830

$ 10,647

$ 11,015

$ 10,240

Products, Supplies

4,647

4,705

4,613

Products, Technology

Products, Furniture and Other

3,211

3,471

3,550

1,176

1,146

1,157

Services, Technology

Services, Copy Print and Other

724

868

157

Business Solutions Division

889

825

763

Business Solutions Division | Products, Supplies

5,279

5,282

5,108

Business Solutions Division | Products, Technology

2,961

2,942

2,805

Business Solutions Division | Products, Furniture and Other

1,236

1,307

1,360

Business Solutions Division | Services, Technology

750

725

678

Business Solutions Division | Services, Copy Print and Other

332

307

265

Retail Division

Retail Division | Products, Supplies

4,363

4,641

4,962

Retail Division | Products, Technology

1,670

1,753

1,801

Retail Division | Products, Furniture and Other

1,702

1,938

2,155

Retail Division | Services, Technology

421

414

473

Retail Division | Services, Copy Print and Other

541

508

495

CompuCom Division

CompuCom Division | Products, Technology

994

1,086

156

CompuCom Division | Services, Technology

271

233

CompuCom Division | Services, Copy Print and Other

709

843

119

Other

Other | Products, Supplies

Other | Products, Technology

Other | Products, Furniture and Other

(7)

Other | Services, Technology

$ 6

Other | Services, Copy Print and Other

(14)

$ (4)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

$ 2

[1]	Due to rounding, the sum of the quarterly amounts may not equal the reported amounts for the year.

Schedule of Components of Deferred Income Tax Assets and Liabilities (Detail) - USD ($) $ in Millions	Dec. 28, 2019	Dec. 29, 2018
Deferred Tax Assets Operating Loss Carryforwards Components [Abstract]
U.S. and foreign loss carryforwards	$ 240	$ 253
Deferred rent credit		35
Operating lease right-of-use assets	385
Pension and other accrued compensation	53	65
Accruals for facility closings	2	5
Inventory	9	11
Self-insurance accruals	19	21
Deferred revenue	16	17
U.S. and foreign income tax credit carryforwards	168	227
Allowance for bad debts	4	4
Accrued expenses	21	20
Basis difference in fixed assets	31	30
Gross deferred tax assets	948	688
Valuation allowance	(151)	(142)
Deferred tax assets	797	546
Internal software	10	11
Installment gain on sale of timberlands	168	172
Operating lease liabilities	356
Intangibles	96	96
Undistributed foreign earnings	4	4
Deferred tax liabilities	634	283
Net deferred tax assets	$ 163	$ 263

Schedule of Fair Value of Assets and Liabilities (Detail) - USD ($) $ in Millions	Dec. 28, 2019	Dec. 29, 2018
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Timber notes receivable	$ 819	$ 835
Company-owned life insurance	91	91
Carrying Amount
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Timber notes receivable	819	842
Company-owned life insurance	91	91
Recourse Debt \| Term Loan, due 2022
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, fair value	409	490
Recourse Debt \| Revenue bonds, due in varying amounts periodically through 2029
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, fair value	186	184
Recourse Debt \| American & Foreign Power Company, Inc. 5% debentures, due 2030
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, fair value	14	14
Recourse Debt \| Carrying Amount \| Term Loan, due 2022
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, fair value	393	463
Recourse Debt \| Carrying Amount \| Revenue bonds, due in varying amounts periodically through 2029
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, fair value	186	186
Recourse Debt \| Carrying Amount \| American & Foreign Power Company, Inc. 5% debentures, due 2030
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, fair value	15	14
Non-Recourse Debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, fair value	735	750
Non-Recourse Debt \| Carrying Amount
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, fair value	$ 735	$ 754

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

12 Months Ended

Dec. 28, 2019

Accounting Policies [Abstract]

NOTE 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

At December 28, 2019, the Company had three reportable segments (or “Divisions”): Business Solutions Division, Retail Division and the CompuCom Division.

At December 28, 2019, cash and cash equivalents from continuing operations held outside the United States amounted to $190 million.

Refer to Note 9 for additional information on goodwill and other intangible assets.

Level 1

Quoted prices in active markets for identical assets or liabilities.

Level 2

Observable market-based inputs or unobservable inputs that are corroborated by market data.

Level 3

Cost of Goods Sold and Occupancy Costs: Cost of goods sold and occupancy costs include:

inventory costs (as discussed above);

outbound freight;

employee and non-employee receiving, distribution, and occupancy costs (rent), including depreciation, real estate taxes and common area costs, of inventory-holding and selling locations; and

identifiable employee-related costs associated with services provided to customers.

Selling, General and Administrative Expenses: Selling, general and administrative expenses include amounts incurred related to expenses of operating and support functions, including:

employee payroll and benefits, including variable pay arrangements;

advertising;

store and field support;

other operating costs incurred relating to selling activities; and

closed defined benefit pension and postretirement plans.

•

Finance leases:

Property and equipment, net –leases which were referred to as capital leases under the old accounting standard;

Short-term borrowings and current maturities of long-term debt – short-term obligations to make lease payments arising from the finance lease; and

Long-term debt, net of current maturities – long-term obligations to make lease payments arising from the finance lease.

•

Operating leases:

ROU assets – the Company’s right to use the underlying asset for the lease term;

Accrued expenses and other current liabilities – short-term obligations to make lease payments arising from the operating lease; and

Operating lease liabilities – long-term obligations to make lease payments arising from the operating lease.

NEW ACCOUNTING STANDARDS

Standards that are not yet adopted:

Standards that were adopted:

•

Recognition of $1.4 billion Operating lease right-of-use assets and $1.6 billion Operating lease liabilities;

•

adoption permitted. The Company early-adopted this accounting standard update with no material impact to its Consolidated Financial Statements.

DEBT (Tables)

12 Months Ended

Dec. 28, 2019