Quarterly report pursuant to Section 13 or 15(d)

Financial Instruments (Tables)

v3.21.2
Financial Instruments (Tables)
6 Months Ended
Jun. 26, 2021
Investments, Debt and Equity Securities [Abstract]  
Financial Instruments Not Recorded at Fair Value
The Company carries its financial instruments at fair value except for its long-term debt. The carrying amounts and estimated fair values of the Company’s long-term debt are as follows:
  June 26, 2021 December 26, 2020
  Carrying
Amount
Estimated
Fair Value
Carrying
Amount
Estimated
Fair Value
  (In millions)
Long-term debt, net $ 313  $ 351  $ 330  $ 642