Debt and Revolving Facility (Tables)

3 Months Ended

Mar. 30, 2024

Debt Disclosure [Abstract]

Schedule of Debt

The Company’s total debt as of March 30, 2024 and December 30, 2023 consisted of the following:

	March 30, 2024		December 30, 2023
	(In millions)
2.95% Senior Notes Due 2024 (2.95% Notes)	$	750	$	750
2.375% Senior Notes Due 2030 (2.375% Notes)	750		750
3.924% Senior Notes Due 2032 (3.924% Notes)	500		500
4.393% Senior Notes Due 2052 (4.393% Notes)	500		500
Total debt (principal amount)	2,500		2,500
Unamortized debt premium, discount and issuance costs, net	(32)		(32)
Total debt (net)	2,468		2,468
Less: current portion of long-term debt and related unamortized debt premium and issuance costs	(750)		(751)
Total long-term debt	$	1,718	$	1,717

Schedule of Maturities of Long-term Debt

Future Debt Payment Obligations

As of March 30, 2024, the Company’s future principal debt payment obligations were as follows:

Fiscal Year	(In millions)
Remainder of 2024	$	750
2025-2028	—
2029 and thereafter	1,750
Total	$	2,500