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Debt
3 Months Ended
Mar. 27, 2015
Debt Disclosure [Abstract]  
Debt

9.  Debt

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

 

     March 27,
2015
    December 31,
2014
 
     (in millions)  

L-3 Communications:

    

Borrowings under Amended and Restated Revolving Credit Facility(1)

   $ —       $ —    

3.95% Senior Notes due 2016

     500        500   

1.50% Senior Notes due 2017

     350        350   

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

     650        650   
  

 

 

   

 

 

 

Principal amount of long-term debt

  3,950      3,950   
  

 

 

   

 

 

 

Unamortized discounts

  (11   (11
  

 

 

   

 

 

 

Carrying amount of long-term debt

$ 3,939    $ 3,939   
  

 

 

   

 

 

 

 

(1) 

During the quarterly period ended March 27, 2015, L-3 Communications’ aggregate borrowings and repayments under the Credit Facility were $108 million. At March 27, 2015, L-3 Communications had the full availability of its $1 billion Credit Facility, which expires on February 3, 2017.