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Debt (Tables)

6 Months Ended

Jun. 28, 2024

Our debt consisted of the following:


	Stated interest rate	Effective interest rate	June 28, 2024		December 29, 2023
			(in millions)
Senior unsecured term loan:
$1,000 million term loan, due March 2028	6.68%	6.86%	$	1,000	$	1,000
Senior unsecured notes:
$500 million notes, due May 2025	3.63%	3.76%	500		500
$750 million notes, due May 2030	4.38%	4.50%	750		750
$750 million notes, due March 2033	5.75%	5.81%	750		750
$1,000 million notes, due February 2031	2.30%	2.38%	1,000		1,000
$250 million notes, due July 2032	7.13%	7.43%	250		250
$300 million notes, due July 2033	5.50%	5.88%	161		161
$300 million notes, due December 2040	5.95%	6.03%	218		218
Finance leases due on various dates through fiscal 2032	Various	1.84%-6.31%	82		91
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

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details