XML 45 R29.htm IDEA: XBRL DOCUMENT v3.22.2
Debt (Tables)
6 Months Ended
Jul. 02, 2022
Debt Disclosure [Abstract]  
Components of total debt
Total debt consisted of the following:
Debt DescriptionMaturityInterest Rate as of July 2, 2022Carrying Value as of July 2, 2022Carrying Value as of January 1, 2022
ABL FacilityMay 31, 2024—%$— $— 
2019 Incremental Term Loan Facility (net of $22
      and $25 of unamortized deferred financing
      costs, respectively)
September 13, 20263.57%1,437 1,442 
2021 Incremental Term Loan Facility (net of $6
      and $7 of unamortized deferred financing
      costs, respectively)
November 22, 20284.32%889 893 
Secured Senior Notes due 2025 (net of $8 and $11 of unamortized deferred financing costs,
      respectively)
April 15, 20256.25%992 989 
Unsecured Senior Notes due 2029 (net of $8 and $8 of unamortized deferred financing costs, respectively)
February 15, 20294.75%892 892 
Unsecured Senior Notes due 2030 (net of $5 of and $5 of unamortized deferred financing costs, respectively)June 1, 20304.625%495 495 
Obligations under financing leases2022–20391.25% - 8.63%307 292 
Other debtJanuary 1, 20315.75%
Total debt5,020 5,011 
Current portion of long-term debt
(108)(95)
Long-term debt$4,912 $4,916