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v3.24.2

Debt (Schedule of Company's Debt) (Details) - USD ($) $ in Millions | Jun. 28, 2024 | Dec. 29, 2023
--- | --- | ---
Debt Instrument [Line Items] |  |
Less: unamortized debt discounts and deferred debt issuance costs | $ (35) | $ (38)
Total long-term debt | 4,676 | 4,682
Less current portion | (567) | (18)
Total long-term debt, net of current portion | 4,109 | 4,664
$1,000 million term loan, due March 2028 | Unsecured debt |  |
Debt Instrument [Line Items] |  |
Debt instrument, face amount | $ 1,000 |
Stated interest rate | 6.68% |
Effective interest rate | 6.86% |
Senior unsecured debt | $ 1,000 | 1,000
$500 million notes, due May 2025 | Unsecured debt |  |
Debt Instrument [Line Items] |  |
Debt instrument, face amount | $ 500 |
Stated interest rate | 3.63% |
Effective interest rate | 3.76% |
Senior unsecured debt | $ 500 | 500
$750 million notes, due May 2030 | Unsecured debt |  |
Debt Instrument [Line Items] |  |
Debt instrument, face amount | $ 750 |
Stated interest rate | 4.38% |
Effective interest rate | 4.50% |
Senior unsecured debt | $ 750 | 750
$750 million notes, due March 2033 | Unsecured debt |  |
Debt Instrument [Line Items] |  |
Debt instrument, face amount | $ 750 |
Stated interest rate | 5.75% |
Effective interest rate | 5.81% |
Senior unsecured debt | $ 750 | 750
$1,000 million notes, due February 2031 | Unsecured debt |  |
Debt Instrument [Line Items] |  |
Debt instrument, face amount | $ 1,000 |
Stated interest rate | 2.30% |
Effective interest rate | 2.38% |
Senior unsecured debt | $ 1,000 | 1,000
$250 million notes, due July 2032 | Unsecured debt |  |
Debt Instrument [Line Items] |  |
Debt instrument, face amount | $ 250 |
Stated interest rate | 7.13% |
Effective interest rate | 7.43% |
Senior unsecured debt | $ 250 | 250
$300 million notes, due July 2033 | Unsecured debt |  |
Debt Instrument [Line Items] |  |
Debt instrument, face amount | $ 300 |
Stated interest rate | 5.50% |
Effective interest rate | 5.88% |
Senior unsecured debt | $ 161 | 161
$300 million notes, due December 2040 | Unsecured debt |  |
Debt Instrument [Line Items] |  |
Debt instrument, face amount | $ 300 |
Stated interest rate | 5.95% |
Effective interest rate | 6.03% |
Senior unsecured debt | $ 218 | 218
Finance leases due on various dates through fiscal 2032 | Unsecured debt |  |
Debt Instrument [Line Items] |  |
Senior unsecured debt | $ 82 | $ 91
Finance leases due on various dates through fiscal 2032 | Unsecured debt | Minimum |  |
Debt Instrument [Line Items] |  |
Effective interest rate | 1.84% |
Finance leases due on various dates through fiscal 2032 | Unsecured debt | Maximum |  |
Debt Instrument [Line Items] |  |
Effective interest rate | 6.31% |

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