Debt

3 Months Ended

Mar. 30, 2018

Debt Disclosure [Abstract]

Debt

. Debt

The components of debt and a reconciliation to the carrying amount of long-term debt is presented in the table below.

	March 30, 2018			December 31, 2017
	(in millions)
Borrowings under Revolving Credit Facility (1)	$	—		$	—
5.20% Senior Notes due 2019	1,000			1,000
4.75% Senior Notes due 2020	800			800
4.95% Senior Notes due 2021	650			650
3.95% Senior Notes due 2024	350			350
3.85% Senior Notes due 2026	550			550
Principal amount of long-term debt	3,350			3,350
Unamortized discounts	(6		)	(7		)
Deferred debt issue costs	(13		)	(13		)
Carrying amount of long-term debt	$	3,331		$	3,330

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⁽¹⁾  During the quarterly period ended March 30, 2018, L3’s aggregate borrowings and repayments under the Credit Facility were $207 million. At March 30, 2018, L3 had the full availability of its $1 billion Credit Facility.