Debt (Tables)

3 Months Ended

Jul. 03, 2026

The following table summarizes components of our debt:


(In millions, except percentages)	July 3, 2026		April 3, 2026		Effective Interest Rate



6.75% Senior Notes due September 30, 2027	$	900	$	900	6.75	%
Term B Facility due September 12, 2029	2,331		2,340		SOFR + %

7.125% Senior Notes due September 30, 2030	600		600		7.13	%
Extended Term A Facility due March 27, 2031	2,707		2,741		SOFR + %
Incremental Term B Facility due April 16, 2032	742		744		SOFR + %
6.25% Senior Notes due April 1, 2033	950		950		6.25	%
Total principal amount	8,230		8,275
Less: unamortized discount and issuance costs	(74)		(79)
Total debt	8,156		8,196
Less: current portion	(181)		(181)
Total long-term debt	$	7,975	$	8,015

Schedule of Maturities of Long-term Debt

As of July 3, 2026, the future contractual maturities of debt by fiscal year, based on the currently effective stated maturity dates in force and excluding the impact of any earlier maturity that could result from a springing maturity date, are as follows:


(In millions)
Remainder of 2027	$	136
2028	1,081
2029	181
2030	2,374
2031	2,799
Thereafter	1,659
Total future maturities of debt	$	8,230

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details