Debt and Credit Facilities (Tables)

12 Months Ended

Dec. 30, 2023

Our debt is summarized in the table below:


(In millions)	December 30, 2023		December 31, 2022
Manufacturing group
4.30% due 2024	$	350	$	350
3.875% due 2025	350		350
4.00% due 2026	350		350
3.65% due 2027	350		350
3.375% due 2028	300		300
3.90% due 2029	300		300
3.00% due 2030	650		650
2.45% due 2031	500		500
6.10% due 2033	350		—
Other (weighted-average rate of 2.44% and 2.20%, respectively)	26		32
Total Manufacturing group debt	$	3,526	$	3,182
Less: Current portion of long-term debt	(357)		(7)
Total Long-term debt	$	3,169	$	3,175
Finance group
Variable-rate note due 2025 (weighted-average rate of 6.72% and 5.86%, respectively)	$	25	$	25
Fixed-rate note due 2027 (4.40%)	50		50
Floating Rate Junior Subordinated Notes due 2067 (7.38% and 6.34%, respectively)	264		272
Other	9		28
Total Finance group debt	$	348	$	375

The following table shows required principal payments during the next five years on debt outstanding at December 30, 2023: