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Debt and Revolving Credit Facility (Tables) | 12 Months Ended
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Dec. 28, 2024
Debt Disclosure [Abstract] |
Schedule of Debt and Other Obligations | The Company’s total debt as of December 28, 2024 and December 30, 2023 consisted of:
| December 28, 2024 |  | December 30, 2023
| (In millions)
2.950% Senior Notes Due 2024 (2.950% 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 | (29) |  |  | (32) |
Total debt (net) | 1,721 |  |  | 2,468 |
Less: current portion of long-term debt and related unamortized debt premium and issuance costs | — |  |  | (751) |
Total long-term debt | $ | 1,721 |  |  | $ | 1,717 |
Schedule of Future Payments on Debt | As of December 28, 2024, the Company’s future debt payment obligations were as follows:
| Term Debt (Principal only) |  |  |
Year | (In millions)
2025 - 2029 | — |  |  |  |
2030 and thereafter | 1,750 |  |  |  |
Total | $ | 1,750 |  |  |  |

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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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