Debt and Secured Revolving Facility (Tables)

6 Months Ended

Jun. 27, 2020

Debt Disclosure [Abstract]

Schedule of Debt

The Company’s total debt as of June 27, 2020 and December 28, 2019 consisted of the following:

	June 27, 2020		December 28, 2019
	(In millions)
2.125% Convertible Senior Notes Due 2026 (2.125% Notes)	$	251	$	251
7.50% Senior Notes Due 2022 (7.50% Notes)	312		312
Borrowing under Secured Revolving Facility	200		—
Total debt (principal amount)	763		563
Unamortized debt discount for 2.125% Notes	(69)		(73)
Unamortized debt issuance costs for 2.125% Notes	(3)		(3)
Unamortized debt issuance costs for 7.50% Notes	(1)		(1)
Total debt (net)	690		486
Less: short term debt	(200)		—
Total long-term debt (net)	$	490	$	486