Long-Term Debt (Tables)

3 Months Ended

Mar. 30, 2019

Debt Disclosure [Abstract]

Summary of Carrying Value of Long-term Debt

The following table shows the carrying value of the Company’s debt (in millions):

	March 30, 2019			December 31, 2018
Term Loan A	$	608		$	608
Term Loan B	445			445
Revolving Credit Facility	578			408
Receivables Financing Facility	113			139
Total debt	$	1,744		$	1,600
Less: Debt issuance costs	(4		)	(5		)
Less: Unamortized discounts	(4		)	(4		)
Less: Current portion of long-term debt	(131		)	(157		)
Total long-term debt	$	1,605		$	1,434

Schedule of Future Maturities of Long-term Debt

As of March 30, 2019, the future maturities of debt, excluding debt discounts and issuance costs, were as follows (in millions):

2019	$	131
2020	54
2021	1,559
2022	—
2023	—
Thereafter	—
Total future maturities of long-term debt	$	1,744