The following is a summary of the Company's debt as of December 27, 2013 and March 29, 2013:



(Amounts in millions)	December 27, 2013		March 29, 2013
4.45% term notes, due September 2022	$	409	$	349
6.50% term notes, due March 2018	938		998
2.50% term notes, due September 2015	350		350
Note payable, due December 2014	409		—
Term loan facility, due September 2016	—		250
Mandatorily redeemable preferred stock outstanding	60		59
Note payable of consolidated subsidiary	67		62
Capitalized lease liabilities	510		561
Borrowings for assets acquired under long-term financing	74		98
Other borrowings	4		5
Total debt	2,821		2,732
Less: short term debt and current maturities of long term debt	637		234
Total long-term debt	$	2,184	$	2,498