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Debt (Tables)
3 Months Ended
Mar. 30, 2024
Debt Disclosure [Abstract]  
Components of total debt
Total debt consisted of the following:
Debt DescriptionMaturityInterest Rate as of March 30, 2024Carrying Value as of March 30, 2024Carrying Value as of December 30, 2023
ABL FacilityDecember 7, 20278.50%$— $— 
2019 Incremental Term Loan Facility (net of $10 and $11 of unamortized deferred financing costs, respectively)
September 13, 20267.44%1,102 1,105 
2021 Incremental Term Loan Facility (net of $3 and $3 of unamortized deferred financing costs, respectively)
November 22, 20287.33%719 718 
Unsecured Senior Notes due 2028 (net of $4 and $5 of unamortized deferred financing costs, respectively)
September 15, 20286.88%496 495 
Unsecured Senior Notes due 2029 (net of $6 and $6 of unamortized deferred financing costs, respectively)
February 15, 20294.75%894 894 
Unsecured Senior Notes due 2030 (net of $4 and $4 of unamortized deferred financing costs, respectively)
June 1, 20304.63%496 496 
Unsecured Senior Notes due 2032 (net of $5 and $5 of unamortized deferred financing costs, respectively)
January 15, 20327.25%495 495 
Obligations under financing leases2024–2037
1.26%-8.31%
491 463 
Other debtJanuary 1, 20315.75%
Total debt4,701 4,674 
Current portion of long-term debt
(116)(110)
Long-term debt$4,585 $4,564