XML 41 R25.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Debt and Other Commitments (Tables) | 12 Months Ended
--- | ---
Jan. 02, 2022
Debt Disclosure [Abstract] |
Schedule of Debt Obligations | Summary of Term Debt Obligations
In millions | January 2, 2022 |  |
Principal amount of 2031 Term Notes outstanding | $ | 500 |  |  |
Principal amount of 2023 Term Notes outstanding | 500 |  |  |
Unamortized discounts and debt issuance costs | (7) |  |  |
Net carrying amount of term notes | 993 |  |  |
Less: current portion | — |  |  |
Term notes, non-current | $ | 993 |  |  |
Fair value of term notes outstanding (Level 2) | $ | 996 |  |  |
Summary of Convertible Debt Obligations
In millions | January 2, 2022 |  | January 3, 2021
Principal amount of 2023 Convertible Senior Notes outstanding | $ | 750 |  |  | $ | 750 |
Principal amount of 2021 Convertible Senior Notes outstanding | — |  |  | 517 |
Unamortized discount of liability component of convertible senior notes | (48) |  |  | (83) |
Net carrying amount of liability component of convertible senior notes | 702 |  |  | 1,184 |
Less: current portion | — |  |  | (511) |
Convertible senior notes, non-current | $ | 702 |  |  | $ | 673 |
Carrying value of equity component of convertible senior notes, net of debt issuance costs | $ | 126 |  |  | $ | 213 |
Fair value of convertible senior notes outstanding (Level 2) | $ | 854 |  |  | $ | 1,595 |
Weighted-average remaining amortization period of discount on the liability component of convertible senior notes | 1.6 years |  | 2.4 years
Interest expense recognized on the Convertible Senior Notes, which included amortization of debt discounts and issuance costs, was $36 million, $46 million, and $51 million in 2021, 2020, and 2019, respectively.
Schedule of Debt Conversions | The following table summarizes information about the conversions during 2021:
In millions | 2021 Notes
Cash paid for principal of notes converted | $ | 517 |
Conversion value over principal amount, paid in shares of common stock | $ | 313 |
Number of shares of common stock issued upon conversion | 0.7 |
Loss on extinguishment of debt | $ | 1 |
Schedule of Leases | As of January 2, 2022, the maturities of our operating lease liabilities were as follows:
In millions |
2022 | $ | 103
2023 | 101
2024 | 112
2025 | 105
2026 | 103
Thereafter | 517
Total remaining lease payments (1) | 1,041
Less: imputed interest | (196)
Total operating lease liabilities | 845
Less: current portion | (71)
Long-term operating lease liabilities | $ | 774
Weighted-average remaining lease term | 9.9 years
Weighted-average discount rate | 4.1 | %
_____________ (1)Total remaining lease payments exclude $8 million of legally binding minimum lease payments for leases signed but not yet commenced.
Schedule of Components of Lease Costs | The components of our lease costs were as follows:
In millions | 2021 |  | 2020 |  | 2019
Operating lease costs | $ | 99 |  |  | $ | 84 |  |  | $ | 84 |
Sublease income | (16) |  |  | (11) |  |  | (12) |
Total lease costs | $ | 83 |  |  | $ | 73 |  |  | $ | 72 |

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 lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=123408670&loc=SL77918686-209980 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=123408670&loc=SL77918701-209980 + Details
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information on an original debt issue that has been converted in a noncash (or part noncash) transaction during the accounting period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. The information may be presented entirely or partially in this block of text or in the associated elements. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=123431023&loc=d3e4313-108586 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=123431023&loc=d3e4332-108586 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=123431023&loc=d3e4304-108586 + Details
Name: | us-gaap_ScheduleOfDebtConversionsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration