Annual report pursuant to Section 13 and 15(d)

Debt and Other Obligations (Tables)

v2.4.0.8
Debt and Other Obligations (Tables)
 12 Months Ended
Dec. 28, 2013
Debt Disclosure [Abstract]  
Schedule of Debt and Other Obligations
 
December 28,
2013
 
December 29,
2012
 
(In millions)
6.00% Notes, net of discount
$
517

 
$
555

8.125% Notes, net of discount
470

 
464

7.75% Notes
500

 
500

7.50% Notes
500

 
500

Secured Revolving Line of Credit
55

 
—

Capital lease obligations
16

 
23

Total debt
2,058

 
2,042

Less: current portion
60

 
5

Total debt, less current portion
$
1,998

 
$
2,037

Schedule of Information Related to Equity and Debt Components
 
December 28,
2013
 
December 29,
2012
 
(In millions)
Carrying amount of the equity component
$
159

 
$
162

Principal amount of the 6.00% Notes
530

 
580

Unamortized discount(1)
(13
)
 
(25
)
Net carrying amount
$
517

 
$
555

Schedule of Information Related to Interest Rates and Expenses
 
2013
 
2012
 
2011
 
(In millions, except percentages)
Effective interest rate
8
%
 
8
%
 
8
%
Interest cost related to contractual interest coupon
$
45

 
$
44

 
$
45

Interest cost related to amortization of the discount
$
10

 
$
9

 
$
11

Schedule of Future Payments on Debt and Other Obligations
 
Long Term
Debt
(Principal
only)
 
Secured Revolving Line of Credit
 
Capital
Leases
 
(In millions)
2014
$
—

 
$
55

 
$
6

2015
530

 
—

 
6

2016
—

 
—

 
6

2017
500

 
—

 
1

2018
—

 
—

 
—

2019 and thereafter
1,000

 
—

 
—

Total
2,030

 
55

 
19

Less: imputed interest
—

 
—

 
3

Total
$
2,030

 
$
55

 
$
16