v3.26.1
Long-Term Debt (Tables)
6 Months Ended
Jul. 04, 2026
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt
Long-term debt is comprised of the following:

(in millions)July 4, 2026December 31, 2025
4.000% Senior Notes due 2029
$300 $300 
6.500% Senior Notes due 2032
600 600 
7.125% Senior Notes due 2034 (1)
400 — 
Variable rate A&R Term B Facility 2,322 2,331 
Gross long-term debt3,622 3,231 
Less: current portion of long-term debt (2)
(18)(18)
Less: unamortized deferred financing costs(44)(46)
Total long-term debt$3,560 $3,167 
(1) Proceeds are included in Restricted cash as recorded on the Unaudited Condensed Consolidated Balance Sheets.
(2) Included within Accrued liabilities on the Unaudited Condensed Consolidated Balance Sheets.