Quarterly report pursuant to Section 13 or 15(d)

Debt and Secured Revolving Line of Credit (Tables)

v3.19.1
Debt and Secured Revolving Line of Credit (Tables)
 3 Months Ended
Mar. 30, 2019
Debt Disclosure [Abstract]  
Convertible Debt
The 2.125% Notes consisted of the following:
 
March 30,
2019
 
December 29,
2018
 
(In millions)
Principal amounts:
 
 
 
Principal
$
805

 
$
805

Unamortized debt discount(1)
(256
)
 
(262
)
Unamortized debt issuance costs
(10
)
 
(11
)
Net carrying amount
$
539

 
$
532

Carrying amount of the equity component, net(2)
$
305

 
$
305


(1) 
Included in the 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 consolidated balance sheets within additional paid-in capital, net of $9 million of equity issuance cost
. The following table sets forth total interest expense recognized related to the 2.125% Notes: