XML 45 R34.htm IDEA: XBRL DOCUMENT v3.21.2
Debt (Tables)
6 Months Ended
Jun. 26, 2021
Debt Disclosure [Abstract]  
Schedule of Long-term Debt

Our long-term debt balance consisted of the following:

(in millions)

 

June 26, 2021

 

 

December 26, 2020

 

Long-term debt, net:

 

 

 

 

 

 

1st Lien USD Term Loan(1)

 

$

2,690

 

 

$

2,701

 

1st Lien Euro Term Loan(2)

 

 

1,269

 

 

 

1,298

 

Long-term debt, net of unamortized discounts

 

 

3,959

 

 

 

3,999

 

Unamortized deferred financing costs

 

 

(11

)

 

 

(12

)

Current installments of long-term debt

 

 

(44

)

 

 

(44

)

Total

 

$

3,904

 

 

$

3,943

 

(1)
During the six months ended June 26, 2021, the weighted average interest rate was 3.9%
(2)
During the six months ended June 26, 2021, the weighted average interest rate was 3.5%