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As of December 26, 2025
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(In millions)
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Historical
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As Adjusted
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| Indebtedness: | | | | | | | | | | | | | |
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Short-term debt:
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| | | | | | | | | | | | |
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Revolving Credit Facilities(1)
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| | | $ | — | | | | | $ | — | | |
|
Commercial paper
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| | | | — | | | | | | — | | |
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3.700% senior notes due 2026(2)
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| | | | 350 | | | | | | — | | |
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4.500% senior notes due 2026(3)
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| | | | 500 | | | | | | — | | |
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Other
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| | | | 2 | | | | | | 2 | | |
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Total short-term debt
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| | | | 852 | | | | | | 2 | | |
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Long-term debt (less current maturities):
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| | | | | | | | | | | | |
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3.125% senior notes due 2027
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| | | | 400 | | | | | | 400 | | |
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2.500% euro-denominated senior notes due 2028
|
| | | | 589 | | | | | | 589 | | |
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0.000% euro-denominated senior notes due 2029
|
| | | | 648 | | | | | | 648 | | |
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4.625% senior notes due 2030
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| | | | 350 | | | | | | 350 | | |
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4.500% senior notes due 2031(4)
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| | | | 450 | | | | | | | | |
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2.500% senior notes due 2032
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| | | | 600 | | | | | | 600 | | |
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3.250% euro-denominated senior notes due 2033
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| | | | 883 | | | | | | 883 | | |
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5.000% senior notes due 2035
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| | | | 450 | | | | | | 450 | | |
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7.125% senior notes due 2037
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| | | | 477 | | | | | | 477 | | |
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% senior notes due 2036 offered hereby
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| | | | — | | | | | | | | |
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Other
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| | | | 65 | | | | | | | | |
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Total long-term debt
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| | | | 4,912 | | | | | | | | |
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Unamortized discounts, premiums, and debt issuance costs, net
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| | | | (56) | | | | | | | | |
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Total indebtedness
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| | | | 5,708 | | | | | | | | |
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Shareholders’ equity
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| | | | 12,987 | | | | | | 12,987 | | |
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Total capitalization
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| | | $ | 18,695 | | | | | $ | | | |
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Name
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Principal
Amount of Additional 2031 Notes |
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Principal
Amount of 2036 Notes |
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BNP Paribas Securities Corp.
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| | | $ | | | | | $ | | | ||
|
Citigroup Global Markets Inc.
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| | | | | | | | | | | | |
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Deutsche Bank Securities Inc.
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| | | | | | | | | | | | |
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Goldman Sachs & Co. LLC
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| | | | | | | | | | | | |
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Total
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| | | $ | | | | | $ | | | | |
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BNP PARIBAS
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Citigroup
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Deutsche Bank Securities
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Goldman Sachs & Co. LLC
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