Debt (Tables)

6 Months Ended

Jun. 29, 2019

Debt Disclosure [Abstract]

Components of total debt

Total debt consisted of the following:

Debt Description	Maturity	Interest Rate at June 29, 2019	June 29, 2019			December 29, 2018
ABL Facility	May 31, 2024	5.75%	$	9		$	81		(1)
ABS Facility	September 21, 2020	3.40%	100			275
Term Loan Facility (net of $5 of unamortized deferred financing costs)	June 27, 2023	4.40%	2,129			2,145
Senior Notes (net of $5 of unamortized deferred financing costs)	June 15, 2024	5.88%	595			595
Obligations under financing leases	2019–2026	2.00% - 6.17%	363			352
Other debt	2021–2031	5.75% - 9.00%	9			9
Total debt			3,205			3,457
Current portion of long-term debt			(104		)	(106		)
Long-term debt			$	3,101		$	3,351

(1) Consists of outstanding borrowings under our former asset based senior secured revolving credit facility.