Annual report pursuant to Section 13 and 15(d)

Debt and Revolving Credit Facility (Tables)

v3.22.4
Debt and Revolving Credit Facility (Tables)
12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Debt and Other Obligations
The Company’s total debt as of December 31, 2022 and December 25, 2021 consisted of:
December 31,
2022
December 25,
2021
(In millions)
7.50% Senior Notes Due August 2022 (7.50% Notes)
$ —  $ 312 
2.950% Senior Notes Due 2024 (Xilinx 2024 Notes)
750  — 
2.125% Convertible Senior Notes Due 2026 (2.125% Notes)
2.375% Senior Notes Due 2030 (Xilinx 2030 Notes)
750  — 
3.924% Senior Notes Due 2032 (3.924% Notes)
500  — 
4.393% Senior Notes Due 2052 (4.393% Notes)
500  — 
Total debt (principal amount) 2,501  313 
Unamortized debt discount and issuance costs (34) — 
Total debt (net) 2,467  313 
Less: current portion of long-term debt —  (312)
Total long-term debt $ 2,467  $
Schedule of Future Payments on Debt As of December 31, 2022, the Company’s future debt payment obligations were as follows:
Term Debt
(Principal only)
 Year (In millions)
2023 $ — 
2024 750 
2025 — 
2026
2027 — 
2028 and thereafter 1,750 
Total $ 2,501