Debt (Tables)

3 Months Ended

Apr. 01, 2023

Debt Disclosure [Abstract]

Components of total debt

Total debt consisted of the following:

Debt Description	Maturity	Interest Rate as of April 1, 2023	Carrying Value as of April 1, 2023		Carrying Value as of December 31, 2022
ABL Facility	December 7, 2027	—%	$	—	$	—
2019 Incremental Term Loan Facility (net of $16 and $19 of unamortized deferred financing costs, respectively)	September 13, 2026	6.84%	1,232		1,232
2021 Incremental Term Loan Facility (net of $4 and $6 of unamortized deferred financing costs, respectively)	November 22, 2028	7.59%	719		786
Secured Senior Notes due 2025 (net of $6 and $7 of unamortized deferred financing costs, respectively)	April 15, 2025	6.25%	994		993
Unsecured Senior Notes due 2029 (net of $7 and $7 of unamortized deferred financing costs, respectively)	February 15, 2029	4.75%	893		893
Unsecured Senior Notes due 2030 (net of $4 and $4 of unamortized deferred financing costs, respectively)	June 1, 2030	4.625%	496		496
Obligations under financing leases	2023–2040	1.26%-8.31%	468		446
Other debt	January 1, 2031	5.75%	8		8
Total debt			4,810		4,854
Current portion of long-term debt			(117)		(116)
Long-term debt			$	4,693	$	4,738