v3.23.2
Significant Acounting Policies
 6 Months Ended
Jul. 15, 2023
Accounting Policies [Abstract]  
Significant Accounting Policies Significant Accounting Policies
Revenues

The following table summarizes disaggregated revenue from contracts with customers by product group:
Twelve Weeks EndedTwenty-Eight Weeks Ended
July 15, 2023July 16, 2022July 15, 2023July 16, 2022
Percentage of Sales:
Parts and Batteries66 %65 %66 %66 %
Accessories and Chemicals20 21 20 21 
Engine Maintenance13 13 13 12 
Other1 1 1 1 
Total100 %100 %100 %100 %


Recently Issued Accounting Pronouncements - Adopted

Supplier Finance Programs

In September 2022, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2022-04, Liabilities—Supplier Finance Programs (Subtopic 405-50): Disclosure of Supplier Finance Program Obligations (“ASU 2022-04”), which requires a buyer in a supplier finance program to disclose sufficient information about the program, enabling users of the financial statements to understand the nature of the program and activity and changes during the period. ASU 2022-04 was effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years, except for the requirement on rollforward information, which is effective for fiscal years beginning after December 15, 2023. During the first quarter 2023, we adopted ASU 2022-04, which did not have a material impact on our consolidated financial position, results of operations and cash flows. Refer to Note 11. Supplier Finance Programs for further details.