DEBT (Tables)

12 Months Ended

Dec. 26, 2015

Schedule Of Debt

Debt consists of the following:

(In millions)	December 26, 2015			December 27, 2014
Recourse debt:
Short-term borrowings and current maturities of long-term debt:
Short-term borrowings	$	4		$	1
Capital lease obligations		30			29
7.35% debentures, due 2016		18			—
Other current maturities of long-term debt		4			2
Total	$	56		$	32
Long-term debt, net of current maturities:
Senior Secured Notes, due 2019	$	250		$	250
Unamortized debt issuance cost		(3	)		(4	)
Senior Secured Notes, due 2019, net		247			246
7.35% debentures, due 2016		—			18
Revenue bonds, due in varying amounts periodically through 2029		186			186
American & Foreign Power Company, Inc. 5% debentures, due 2030		14			14
Capital lease obligations		175			192
Other		12			14
Total	$	634		$	670
Non-recourse debt:
5.42% Securitization Notes, due 2019 — Refer to Note 7	$	735		$	735
Unamortized premium		84			104
Total	$	819		$	839

Schedule of Maturities of Long-term Debt And Capital Lease Obligations

Aggregate annual maturities of recourse debt and capital lease obligations are as follows:

(In millions)
2016	$	66
2017		40
2018		36
2019		283
2020		39
Thereafter		289
Total		753
Less amount representing interest on capital leases		(60	)
Total		693
Less:
Current portion		(56	)
Unamortized debt issuance cost		(3	)
Total long-term debt	$	634