Debt (Tables)

3 Months Ended

Apr. 02, 2022

Debt Disclosure [Abstract]

Components of total debt

Total debt consisted of the following:

Debt Description	Maturity	Interest Rate as of April 2, 2022	Carrying Value as of April 2, 2022		Carrying Value as of January 1, 2022
ABL Facility	May 31, 2024	—%	$	—	$	—
2019 Incremental Term Loan Facility (net of $23       and $25 of unamortized deferred financing       costs, respectively)	September 13, 2026	2.51%	1,439		1,442
2021 Incremental Term Loan Facility (net of $6       and $7 of unamortized deferred financing       costs, respectively)	November 22, 2028	3.26%	891		893
Senior Secured Notes due 2025 (net of $9 and $11 of unamortized deferred financing costs,       respectively)	April 15, 2025	6.25%	991		989
Unsecured Senior Notes due 2029 (net of $8 and $8 of unamortized deferred financing costs, respectively)	February 15, 2029	4.75%	892		892
Unsecured Senior Notes due 2030 (net of $5 of and $5 of unamortized deferred financing costs, respectively)	June 1, 2030	4.625%	495		495
Obligations under financing leases	2022–2039	1.25% - 8.63%	277		292
Other debt	January 1, 2031	5.75%	8		8
Total debt			4,993		5,011
Current portion of long-term debt			(103)		(95)
Long-term debt			$	4,890	$	4,916