Quarterly report pursuant to Section 13 or 15(d)

Debt and Revolving Facility (Tables)

v3.22.1
Debt and Revolving Facility (Tables)
3 Months Ended
Mar. 26, 2022
Debt Disclosure [Abstract]  
Schedule of Debt
The Company’s total debt as of March 26, 2022 and December 25, 2021 consisted of the following:
March 26,
2022
December 25,
2021
(In millions)
2.95% Senior Notes Due 2024 (Xilinx 2024 Notes) $ 750  $ — 
2.375% Senior Notes Due 2030 (Xilinx 2030 Notes) 750  — 
7.50% Senior Notes Due August 2022 (7.50% Notes)
312  312 
2.125% Convertible Senior Notes Due 2026 (2.125% Notes)
Total debt (principal amount) 1,813  313 
Unamortized debt discount and issuance costs (26) — 
Total debt (net) 1,787  313 
Less: current portion of long-term debt (312) (312)
Total long-term debt $ 1,475  $
Schedule of Maturities of Long-term Debt
Future Debt Payment Obligations
As of March 26, 2022, the Company’s future debt and related interest payment obligations were as follows:
Principal Interest Total
 Fiscal Year (In millions)
2022 $ 312  $ 64  $ 376 
2023 —  41  41 
2024 750  29  779 
2025 —  18  18 
2026 18  19 
2027 and thereafter 750  62  812 
Total $ 1,813  $ 232  $ 2,045