Debt and Revolving Facility (Tables)

9 Months Ended

Sep. 28, 2024

Debt Disclosure [Abstract]

Schedule of Debt

The Company’s total debt as of September 28, 2024 and December 30, 2023 consisted of the following:

	September 28, 2024		December 30, 2023
	(In millions)
2.95% Senior Notes Due 2024 (2.95% Notes)	$	—	$	750
2.375% Senior Notes Due 2030 (2.375% Notes)	750		750
3.924% Senior Notes Due 2032 (3.924% Notes)	500		500
4.393% Senior Notes Due 2052 (4.393% Notes)	500		500
Total debt (principal amount)	1,750		2,500
Unamortized debt discount and issuance costs	(30)		(32)
Total debt (net)	1,720		2,468
Less: current portion of long-term debt and related unamortized debt premium and issuance costs	—		(751)
Total long-term debt	$	1,720	$	1,717