Long-term debt

Our long-term debt is summarized below:



In thousands	Jun. 29, 2014			Dec. 29, 2013

Unsecured floating rate term loan due quarterly through August 2018	$	139,000		$	154,800
VIE unsecured floating rate term loans due quarterly through December 2018	37,145			39,270
Unsecured notes bearing fixed rate interest at 8.75% due November 2014	250,000			250,000
Unsecured notes bearing fixed rate interest at 10% due June 2015	66,568			66,568
Unsecured notes bearing fixed rate interest at 6.375% due September 2015	250,000			250,000
Unsecured notes bearing fixed rate interest at 10% due April 2016	193,429			193,429
Unsecured notes bearing fixed rate interest at 9.375% due November 2017	—			250,000
Unsecured notes bearing fixed rate interest at 7.125% due September 2018	250,000			250,000
Unsecured notes bearing fixed rate interest at 5.125% due October 2019	600,000			600,000
Unsecured notes bearing fixed rate interest at 5.125% due July 2020	600,000			600,000
Unsecured notes bearing fixed rate interest at 6.375% due October 2023	650,000			650,000
Unsecured notes bearing fixed rate interest at 7.75% due June 2027	200,000			200,000
Unsecured notes bearing fixed rate interest at 7.25% due September 2027	240,000			240,000
Total principal long-term debt	3,476,142			3,744,067
Other (fair market value adjustments and discounts)	(23,515		)	(31,167		)
Total long-term debt	3,452,627			3,712,900
Less current portion of long-term debt maturities of VIE loans	5,890			5,890
Long-term debt, net of current portion	$	3,446,737		$	3,707,010

For the first six months of 2014, our long-term debt decreased by $260.3 million as a result of our early repayment of the 9.375% notes due in 2017. We redeemed the notes by paying 104.688% of the outstanding principal amount in accordance with the original terms. The early redemption of these notes will save us approximately $12 million in interest expense for the remainder of 2014. On June 29, 2014, we had unused borrowing capacity of $1.27 billion under our revolving credit agreement that expires in August 2018.