On May 30, 2017, the Company issued the 2024 Notes at a discounted price of 99.887% of par. Interest on the 2024 Notes is payable semi-annually on June 1 and December 1. The effective interest rate of the 2024 Notes is 2.968%. The coupon interest rate of the 2024 Notes is 2.950%.

The Company received $745.2 million from the issuance of the 2024 Notes, after the debt discount and deduction of debt issuance costs. The debt discounts and issuance costs are amortized to interest expense over the term of the 2024 Notes. As of January 1, 2022, the remaining term of the 2024 Notes is approximately 2.4 years.

The following table summarizes the carrying value of the 2024 Notes as of January 1, 2022 and April 3, 2021:


(In thousands)	January 1, 2022		April 3, 2021
Principal amount of the 2024 Notes	$	750,000	$	750,000
Unamortized discount of the 2024 Notes	(314)		(405)
Unamortized debt issuance costs associated with 2024 Notes	(1,371)		(1,797)
Carrying Value of the 2024 Notes	$	748,315	$	747,798

Interest expense related to the 2024 Notes was included in interest and other income (expense), net on the condensed consolidated statements of income as follows:


	Three Months Ended				Nine Months Ended
(In thousands)	January 1, 2022		January 2, 2021		January 1, 2022		January 2, 2021
Contractual coupon interest	$	5,444	$	5,444	$	16,331	$	16,331
Amortization of debt issuance costs	142		142		426		426
Amortization of debt discount, net	31		30		91		89
Total interest expense related to the 2024 Notes	$	5,617	$	5,616	$	16,848	$	16,846

On May 19, 2020, the Company issued the 2030 Notes at a discounted price of 99.973% of par. Interest on the 2030 Notes is payable semi-annually on June 1 and December 1. The effective interest rate of the 2030 Notes is 2.378%. The coupon interest rate of the 2030 Notes is 2.375%.

The Company received $744.4 million from the issuance of the 2030 Notes, after the debt discount and deduction of debt issuance costs. The debt discounts and issuance costs are amortized to interest expense over the term of the 2030 Notes. As of January 1, 2022, the remaining term of the 2030 Notes is approximately 8.4 years.

The following table summarizes the carrying value of the 2030 Notes as of January 1, 2022 and April 3, 2021:


(In thousands)	January 1, 2022		April 3, 2021
Principal amount of the 2030 Notes	$	750,000	$	750,000
Unamortized discount of the 2030 Notes	(173)		(187)
Unamortized debt issuance costs associated with 2030 Notes	(4,519)		(4,923)
Carrying Value of the 2030 Notes	$	745,308	$	744,890

Interest expense related to the 2030 Notes was included in interest and other income (expense), net on the condensed consolidated statements of income as follows:


	Three Months Ended				Nine Months Ended
(In thousands)	January 1, 2022		January 2, 2021		January 1, 2022		January 2, 2021
Contractual coupon interest	$	4,521	$	4,521	$	13,564	$	11,086
Amortization of debt issuance costs	134		134		402		313
Amortization of debt discount, net	5		4		14		11
Total interest expense related to the 2030 Notes	$	4,660	$	4,659	$	13,980	$	11,410