Annual report pursuant to Section 13 and 15(d)

Financial Instruments (Tables)

v3.20.4
Financial Instruments (Tables)
12 Months Ended
Dec. 26, 2020
Investments, Debt and Equity Securities [Abstract]  
Financial Instruments Not Recorded at Fair Value on a Recurring Basis
The Company carries its financial instruments at fair value with the exception of its long-term debt. The carrying amounts and estimated fair values of the Company’s long-term debt are as follows:
  December 26, 2020 December 28, 2019
  Carrying
Amount
Estimated
Fair Value
Carrying
Amount
Estimated
Fair Value
  (In millions)
Long-term debt, net $ 330  $ 642  $ 486  $ 1,823