Debt and Revolving Facility (Tables)

3 Months Ended

Mar. 26, 2022

Debt Disclosure [Abstract]

Schedule of Debt

The Company’s total debt as of March 26, 2022 and December 25, 2021 consisted of the following:

	March 26, 2022		December 25, 2021
	(In millions)
2.95% Senior Notes Due 2024 (Xilinx 2024 Notes)	$	750	$	—
2.375% Senior Notes Due 2030 (Xilinx 2030 Notes)	750		—
7.50% Senior Notes Due August 2022 (7.50% Notes)	312		312
2.125% Convertible Senior Notes Due 2026 (2.125% Notes)	1		1
Total debt (principal amount)	1,813		313
Unamortized debt discount and issuance costs	(26)		—
Total debt (net)	1,787		313
Less: current portion of long-term debt	(312)		(312)
Total long-term debt	$	1,475	$	1

Schedule of Maturities of Long-term Debt

Future Debt Payment Obligations

As of March 26, 2022, the Company’s future debt and related interest payment obligations were as follows:

	Principal		Interest		Total
Fiscal Year	(In millions)
2022	$	312	$	64	$	376
2023	—		41		41
2024	750		29		779
2025	—		18		18
2026	1		18		19
2027 and thereafter	750		62		812
Total	$	1,813	$	232	$	2,045