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Long-Term Debt (Tables)
6 Months Ended
Jun. 27, 2020
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):
June 27,
2020
December 31,
2019
Term Loan A$917  $917  
Revolving Credit Facility81  103  
Receivables Financing Facilities229  266  
Total debt$1,227  $1,286  
Less: Debt issuance costs(5) (6) 
Less: Unamortized discounts(3) (3) 
Less: Current portion of debt(233) (197) 
Total long-term debt$986  $1,080  
Schedule of Future Maturities of Long-term Debt
As of June 27, 2020, the future maturities of debt, excluding debt discounts and issuance costs, were as follows (in millions):
2020$24  
2021234  
202257  
202381  
2024831  
Total future debt maturities$1,227