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Long-Term Debt (Tables)
3 Months Ended
Apr. 02, 2016
Debt Disclosure [Abstract]  
Summary of Carrying Value of Debt
The following table summarizes the carrying value of the Company’s debt (in millions):
 
 
April 2,
2016
 
December 31,
2015
Senior Notes
$
1,050

 
$
1,050

Term Loan
1,955

 
2,035

Less: debt issuance costs
(25
)
 
(26
)
Less: unamortized discounts
(43
)
 
(47
)
Long-term debt
$
2,937

 
$
3,012