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Long-Term Debt (Tables) | 9 Months Ended
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Oct. 01, 2022
Debt Disclosure [Abstract] |
Summary of Carrying Value of Long-term Debt | The following table shows the carrying value of the Company’s debt (in millions):
| October 1, 2022 |  | December 31, 2021
Term Loan A | $ | 1,739 |  |  | $ | 888 |
Revolving Credit Facility | 248 |  |  | — |
Receivables Financing Facilities | 183 |  |  | 108 |
Total debt | $ | 2,170 |  |  | $ | 996 |
Less: Debt issuance costs | (4) |  |  | (3) |
Less: Unamortized discounts | (5) |  |  | (2) |
Less: Current portion of debt | (144) |  |  | (69) |
Total long-term debt | $ | 2,017 |  |  | $ | 922 |
Schedule of Future Maturities of Long-term Debt | As of October 1, 2022, the future maturities of debt are as follows (in millions):
2022 (remaining 3 months) |  | $ | 11 |
2023 |  | 144 |
2024 |  | 127 |
2025 |  | 66 |
2026 |  | 87 |
Thereafter |  | 1,735 |
Total future debt maturities |  | $ | 2,170 |

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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- Definition Tabular disclosure of maturity and sinking fund requirement for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=123465755&loc=d3e1835-112601 + Details
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