XML 66 R46.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Debt (Tables) | 12 Months Ended
--- | ---
Jan. 03, 2025
Debt Disclosure [Abstract] |
Schedule of Company's Debt | Debt consisted of the following:
(in millions) |  | Stated interest rate |  | Effective interest rate |  | January 3, 2025 |  | December 29, 2023
Senior unsecured term loan: |  |  |  |  |  |  |  |
$1,000 million term loan, due March 2028 |  | 5.83 | % |  | 6.00 | % |  | $ | 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 |
$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 |
$750 million notes, due March 2033 |  | 5.75 | % |  | 5.81 | % |  | 750 |  |  | 750 |
$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% |  | 73 |  |  | 91 |
Less: unamortized debt discounts and deferred debt issuance costs |  |  |  |  |  | (32) |  |  | (38) |
Total long-term debt |  |  |  |  |  | 4,670 |  |  | 4,682 |
Less: current portion |  |  |  |  |  | (618) |  |  | (18) |
Total long-term debt, net of current portion |  |  |  |  |  | $ | 4,052 |  |  | $ | 4,664 |
Schedule of Future Minimum Payments of Debt | Future minimum payments of debt are as follows:
Fiscal Year Ending (in millions) |  |
2025 |  | $ | 618 |
2026 |  | 120 |
2027 |  | 114 |
2028 |  | 705 |
2029 |  | 5 |
2030 and thereafter |  | 3,140 |
Total principal payments |  | 4,702 |
Less: unamortized debt discount and issuance costs |  | (32) |
Total long-term debt |  | $ | 4,670 |

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -SubTopic 10 -Topic 210 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69B -Publisher FASB -URI https://asc.fasb.org/1943274/2147481568/470-20-55-69B Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69E -Publisher FASB -URI https://asc.fasb.org/1943274/2147481568/470-20-55-69E Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 835 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482925/835-30-45-2 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-3 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477734/942-470-50-3 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-8 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-6 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-7 + Details
Name: | us-gaap_ScheduleOfDebtInstrumentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturity and sinking fund requirement for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 470 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481544/470-10-50-1 + Details
Name: | us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration