Quarterly report pursuant to Section 13 or 15(d)

Debt and Secured Revolving Facility (Tables)

v3.20.1
Debt and Secured Revolving Facility (Tables)
 3 Months Ended
Mar. 28, 2020
Debt Disclosure [Abstract]  
Convertible Debt
The 2.125% Notes consisted of the following:
 
March 28,
2020
 
December 28,
2019
 
(In millions)
Principal
$
251

 
$
251

Unamortized debt discount(1)
(71
)
 
(73
)
Unamortized debt issuance costs
(3
)
 
(3
)
Net carrying amount
$
177

 
$
175

Carrying amount of the equity component, net(2)
$
95

 
$
95


(1) 
Included in the condensed consolidated balance sheets within Long-term debt, net and amortized over the remaining life of the notes using the effective interest rate method.
(2) 
Included in the condensed consolidated balance sheets within additional paid-in capital, net of $3 million in equity issuance costs as of March 28, 2020 and December 28, 2019.