Quarterly report pursuant to Section 13 or 15(d)

Debt and Revolving Facility (Tables)

v3.22.2.2
Debt and Revolving Facility (Tables)
9 Months Ended
Sep. 24, 2022
Debt Disclosure [Abstract]  
Schedule of Debt
The Company’s total debt as of September 24, 2022 and December 25, 2021 consisted of the following:
September 24,
2022
December 25,
2021
(In millions)
7.50% Senior Notes Due August 2022 (7.50% Notes)
$ —  $ 312 
2.95% 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 (35) — 
Total debt (net) 2,466  313 
Less: current portion of long-term debt —  (312)
Total long-term debt $ 2,466  $
Schedule of Maturities of Long-term Debt
Future Debt Payment Obligations
As of September 24, 2022, the Company’s future debt payment obligations were as follows:
Principal
 Fiscal Year (In millions)
2022 $ — 
2023 — 
2024 750 
2025 — 
2026
2027 and thereafter 1,750 
Total $ 2,501