Quarterly report pursuant to Section 13 or 15(d)

Debt and Revolving Facility (Tables)

v3.24.3
Debt and Revolving Facility (Tables)
9 Months Ended
Sep. 28, 2024
Debt Disclosure [Abstract]  
Schedule of Debt
The Company’s total debt as of September 28, 2024 and December 30, 2023 consisted of the following:
September 28,
2024
December 30,
2023
(In millions)
2.95% Senior Notes Due 2024 (2.95% Notes) $ —  $ 750 
2.375% Senior Notes Due 2030 (2.375% Notes) 750  750 
3.924% Senior Notes Due 2032 (3.924% Notes)
500  500 
4.393% Senior Notes Due 2052 (4.393% Notes)
500  500 
Total debt (principal amount) 1,750  2,500 
Unamortized debt discount and issuance costs (30) (32)
Total debt (net) 1,720  2,468 
Less: current portion of long-term debt and related unamortized debt premium and issuance costs
—  (751)
Total long-term debt $ 1,720  $ 1,717