Debt (Tables)

12 Months Ended

Dec. 28, 2019

Debt Disclosure [Abstract]

Components of Total Debt

Total debt consisted of the following:

Debt Description	Maturity	Interest Rate as of December 28, 2019	December 28, 2019			December 29, 2018
ABL Facility	May 31, 2024	4.75%	$	—		$	81		(1)
ABS Facility	September 21, 2022	2.75%	190			275			(2)
Initial Term Loan Facility (net of $4 and $6 of unamortized deferred financing costs, respectively)	June 27, 2023	3.44%	2,125			2,145			(3)
Incremental Term Loan Facility (net of $35 of unamortized deferred financing costs)	September 13, 2026	3.69%	1,465			—
Senior Notes (net of $4 and $5 of unamortized deferred financing costs, respectively)	June 15, 2024	5.88%	596			595
Obligations under financing leases	2020–2026	2.00% - 6.17%	352			352
Other debt	2021–2031	5.75% - 9.00%	8			9
Total debt			4,736			3,457
Current portion of long-term debt(4)			(142		)	(106		)
Long-term debt			$	4,594		$	3,351

(1) Consists of outstanding borrowings under our former asset based senior secured revolving credit facility, which was refinanced with a new facility in May 2019 (as described below).

(2) Consists of outstanding borrowings under the ABS Facility prior to a September 2019 amendment to, among other things, lower the interest rate margin on borrowings under the facility (as described below).

(3) Consists of outstanding borrowings under the Initial Term Loan Facility prior to a November 2019 amendment to, among other things, lower the interest rate margins on borrowings under the facility (as described below).

(4)

The current portion of long-term debt as of December 28, 2019 for the Initial Term Loan Facility and the Incremental Term Loan Facility includes five quarterly principal payments due to the Company's 53-week fiscal year 2020.

Principal Payments on Outstanding Debt

Principal payments to be made on outstanding debt, exclusive of deferred financing costs, as of December 28, 2019, were as follows:

2020	$	142
2021	114
2022	284
2023	2,128
2024	655
Thereafter	1,456
	$	4,779