Debt (Tables)

12 Months Ended

Dec. 28, 2024

Debt Disclosure [Abstract]

Components of Total Debt

Total debt consisted of the following:

Debt Description	Maturity	Interest Rate as of December 28, 2024	Carrying Value as of December 28, 2024		Carrying Value as of December 30, 2023
ABL Facility	December 7, 2027	6.11%	$	223	$	—
2019 Incremental Term Loan Facility (net of $0 and $11 of unamortized deferred financing costs, respectively)(1)	September 13, 2026	—%	—		1,105
2021 Incremental Term Loan Facility (net of $0 and $3 of unamortized deferred financing costs, respectively)(2)	November 22, 2028	6.32%	610		718
2024 Incremental Term Loan Facility (net of $8 of unamortized deferred financing costs)	October 3, 2031	6.32%	717		—
Unsecured Senior Notes due 2028 (net of $4 and $5 unamortized deferred financing costs, respectively)(1)	September 15, 2028	6.88%	496		495
Unsecured Senior Notes due 2029 (net of $5 and $6 of unamortized deferred financing costs, respectively)	February 15, 2029	4.75%	895		894
Unsecured Senior Notes due 2030 (net of $3 and $4 of unamortized deferred financing costs, respectively)	June 1, 2030	4.63%	497		496
Unsecured Senior Notes due 2032 (net of $4 and $5 of unamortized deferred financing costs, respectively)	January 15, 2032	7.25%	496		495
Unsecured Senior Notes due 2033 (net of $4 of unamortized deferred financing costs)	April 15, 2033	5.75%	496		—
Obligations under financing leases(3)	2025–2040	1.26% -8.31%	490		463
Other debt	January 1, 2031	5.75%	8		8
Total debt(3)			4,928		4,674
Current portion of long-term debt			(109)		(110)
Long-term debt			$	4,819	$	4,564
(1) The 2019 Incremental Term Loan Facility was repaid on October 3, 2024, with the proceeds from the amended 2021 Incremental Term Loan Facility, issuance of the 2024 Incremental Term Loan Facility, and the issuance of the Unsecured Senior Notes due 2033, as well as cash on hand, as further discussed below.
(2) The 2021 Incremental Term Loan Facility was refinanced on October 3, 2024 as further discussed below.
(3) Obligations under financing leases excludes financing leases classified as held for sale in relation to the planned Freshway divestiture. Refer to Note 5, Acquisitions and Held for Sale for additional information.

Principal Payments on Outstanding Debt

Principal payments to be made on outstanding debt, exclusive of deferred financing costs, as of December 28, 2024, were as follows:

2025	$	329
2026	110
2027	100
2028	1,186
2029	957
Thereafter	2,274
	$	4,956