Quarterly report pursuant to Section 13 or 15(d)

Debt and Revolving Facility (Tables)

v3.21.1
Debt and Revolving Facility (Tables)
3 Months Ended
Mar. 27, 2021
Debt Disclosure [Abstract]  
Schedule of Debt
The Company’s total debt as of March 27, 2021 and December 26, 2020 consisted of the following:
March 27,
2021
December 26,
2020
(In millions)
7.50% Senior Notes Due 2022 (7.50% Notes)
$ 312  $ 312 
2.125% Convertible Senior Notes Due 2026 (2.125% Notes)
26 
Total debt (principal amount) 314  338 
Unamortized debt discount for 2.125% Notes
—  (7)
Unamortized debt issuance costs for 7.50% Notes
(1) (1)
Total long-term debt (net) $ 313  $ 330