Schedule of Long-term Debt Instruments |
Long-Term Debt
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Dec 28, 2024 |
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Dec 30, 2023 |
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($ In Millions) |
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Effective Interest Rate |
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Amount |
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Amount |
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Fixed-rate senior notes: |
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2.88%, due May 2024 |
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—% |
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$ |
— |
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$ |
1,250 |
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2.70%, due June 2024 |
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—% |
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— |
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600 |
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3.40%, due March 2025 |
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3.44% |
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1,500 |
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1,500 |
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3.70%, due July 2025 |
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7.49% |
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2,250 |
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2,250 |
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4.88%, due February 2026 |
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4.93% |
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1,500 |
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1,500 |
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2.60%, due May 2026 |
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5.97% |
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1,000 |
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1,000 |
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3.75%, due March 2027 |
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3.78% |
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1,000 |
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1,000 |
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3.15%, due May 2027 |
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6.54% |
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1,000 |
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1,000 |
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3.75%, due August 2027 |
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3.81% |
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1,250 |
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1,250 |
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4.88%, due February 2028 |
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4.92% |
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1,750 |
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1,750 |
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1.60%, due August 2028 |
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1.67% |
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1,000 |
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1,000 |
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4.00%, due August 2029 |
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4.05% |
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850 |
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850 |
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2.45%, due November 2029 |
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2.38% |
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2,000 |
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2,000 |
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5.13%, due February 2030 |
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5.14% |
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1,250 |
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1,250 |
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3.90%, due March 2030 |
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3.91% |
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1,500 |
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1,500 |
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5.00%, due February 2031 |
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4.99% |
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500 |
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— |
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2.00%, due August 2031 |
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2.02% |
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1,250 |
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1,250 |
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4.15%, due August 2032 |
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4.17% |
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1,250 |
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1,250 |
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4.00%, due December 2032 |
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6.59% |
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750 |
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750 |
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5.20%, due February 2033 |
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5.23% |
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2,250 |
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2,250 |
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5.15%, due February 2034 |
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5.20% |
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900 |
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— |
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4.60%, due March 2040 |
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4.59% |
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750 |
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750 |
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2.80%, due August 2041 |
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2.81% |
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750 |
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750 |
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4.80%, due October 2041 |
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7.33% |
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802 |
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802 |
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4.25%, due December 2042 |
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6.70% |
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567 |
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567 |
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5.63%, due February 2043 |
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5.61% |
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1,000 |
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1,000 |
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4.90%, due July 2045 |
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7.46% |
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772 |
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772 |
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4.10%, due May 2046 |
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6.74% |
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1,250 |
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1,250 |
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4.10%, due May 2047 |
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6.70% |
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1,000 |
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1,000 |
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4.10%, due August 2047 |
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6.27% |
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640 |
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640 |
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3.73%, due December 2047 |
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7.11% |
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1,967 |
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1,967 |
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3.25%, due November 2049 |
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3.19% |
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2,000 |
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2,000 |
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4.75%, due March 2050 |
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4.73% |
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2,250 |
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2,250 |
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3.05%, due August 2051 |
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3.05% |
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1,250 |
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1,250 |
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4.90%, due August 2052 |
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4.89% |
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1,750 |
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1,750 |
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5.70%, due February 2053 |
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5.68% |
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2,000 |
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2,000 |
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5.60%, due February 2054 |
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5.61% |
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1,150 |
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— |
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3.10%, due February 2060 |
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3.10% |
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1,000 |
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1,000 |
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4.95%, due March 2060 |
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4.98% |
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1,000 |
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1,000 |
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3.20%, due August 2061 |
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3.20% |
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750 |
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750 |
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5.05%, due August 2062 |
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5.03% |
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900 |
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900 |
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5.90%, due February 2063 |
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5.88% |
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1,250 |
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1,250 |
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Dec 28, 2024 |
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Dec 30, 2023 |
($ In Millions) |
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Effective Interest Rate |
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Amount |
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Amount |
Oregon and Arizona bonds1:
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3.80% - 4.10%, due December 2035 - 2040 |
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3.87% |
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423 |
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423 |
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5.00%, due September 2042 |
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3.63% |
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131 |
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131 |
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5.00%, due June 2049 |
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—% |
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— |
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438 |
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4.00%, due June 2049 |
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3.99% |
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438 |
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— |
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5.00%, due September 2052 |
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4.24% |
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445 |
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445 |
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Total senior notes and other borrowings |
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50,985
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50,285
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Unamortized premium/discount, issuance costs and other |
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(392) |
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(445) |
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Hedge accounting fair value adjustments |
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(582) |
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(574) |
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Long-term debt |
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50,011
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49,266
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Current portion of long-term debt2
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(3,729) |
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(2,288) |
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Total long-term debt |
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$ |
46,282
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$ |
46,978
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1 These bonds may be remarketed or tendered on a periodic basis and will be classified within the current portion of long-term debt in the 12 months before remarketing or tendering.
2 As of December 28, 2024, current portion of long-term debt includes $36M of hedge accounting fair value adjustments ($0 as of December 30, 2023)
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