XML 96 R78.htm IDEA: XBRL DOCUMENT v3.25.0.1
Debt - Summary of Debt Instruments (Detail)
$ in Thousands
 12 Months Ended
Sep. 26, 2024
USD ($)
May 03, 2023
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Jan. 31, 2024
USD ($)
Aug. 30, 2018
USD ($)
Debt Instrument [Line Items]              
Other obligations     $ 869 $ 748      
Total notes payable, credit agreements and other obligations     6,673,080 5,415,905      
Securitization facility     1,323,000 1,307,000      
Total debt     7,996,080 6,722,905      
Current portion     2,769,974 2,126,749      
Long-term portion     5,226,106 4,596,156      
Principal payments on notes payable     140,050 94,000 $ 2,824,000    
Variable Rate Debt              
Debt Instrument [Line Items]              
Total debt     4,500,000        
Credit Agreement              
Debt Instrument [Line Items]              
Debt instrument, face amount     7,500,000        
Credit Agreement | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate              
Debt Instrument [Line Items]              
Debt instrument, basis spread on variable rate   0.10%          
Securitization Facility              
Debt Instrument [Line Items]              
Line of credit facility             $ 1,700,000
Unamortized debt issuance costs     $ 800 $ 2,100      
Debt instrument, program fee, percentage     4.42% 5.49%      
Securitization Facility | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate              
Debt Instrument [Line Items]              
Debt instrument, basis spread on variable rate     0.10% 0.10%      
Securitization Facility | SOFR Adjustment Rate              
Debt Instrument [Line Items]              
Debt instrument, basis spread on variable rate     0.95% 0.95%      
Securitization Facility | Commercial Paper Rate              
Debt Instrument [Line Items]              
Debt instrument, basis spread on variable rate     0.85% 0.85%      
Securitization Facility | Prepayment Fee              
Debt Instrument [Line Items]              
Debt instrument, basis spread on variable rate     0.94% 0.94%      
Minimum | Securitization Facility              
Debt Instrument [Line Items]              
Unused credit facility fee     0.30% 0.30%      
Maximum | Securitization Facility              
Debt Instrument [Line Items]              
Unused credit facility fee     0.40% 0.40%      
Secured Debt              
Debt Instrument [Line Items]              
Line of credit facility additional available borrowing capacity     $ 750,000        
Debt instrument, leverage ratio     3.75        
Secured Debt | Minimum              
Debt Instrument [Line Items]              
Unused credit facility fee     0.25% 0.25%      
Line of Credit | Credit Agreement              
Debt Instrument [Line Items]              
Increase in revolving credit facility           $ 600,000  
Term loan A              
Debt Instrument [Line Items]              
Term notes payable-domestic, net of discounts     $ 3,083,037 $ 2,882,595      
Interest rate     5.83% 6.83%      
Term loan A | Secured Debt              
Debt Instrument [Line Items]              
Line of credit facility     $ 3,300,000        
Term loan A | Line of Credit | Credit Agreement              
Debt Instrument [Line Items]              
Increase in revolving credit facility           325,000  
Term loan B              
Debt Instrument [Line Items]              
Term notes payable-domestic, net of discounts     $ 2,327,174 $ 1,840,244      
Interest rate     6.11% 7.21%      
Term loan B | Secured Debt              
Debt Instrument [Line Items]              
Line of credit facility     $ 2,400,000        
Term loan B | Secured Debt | Minimum              
Debt Instrument [Line Items]              
Unused credit facility fee     0.25%        
Term loan B | Secured Debt | Maximum              
Debt Instrument [Line Items]              
Unused credit facility fee     0.30%        
Term loan B | Line of Credit | Credit Agreement              
Debt Instrument [Line Items]              
Increase in revolving credit facility $ 500,000            
Debt instrument, basis spread on variable rate 0.10%            
Revolving line of credit facilities              
Debt Instrument [Line Items]              
Revolving line of credit facilities     $ 1,262,000 $ 692,318      
Deferred financing costs     $ 3,400 $ 3,600      
Revolving line of credit facilities | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate              
Debt Instrument [Line Items]              
Debt instrument, basis spread on variable rate     0.10%        
Revolving line of credit facilities | SONIA              
Debt Instrument [Line Items]              
Debt instrument, basis spread on variable rate     0.0326%        
Revolving line of credit facilities | Federal Funds Rate              
Debt Instrument [Line Items]              
Debt instrument, basis spread on variable rate     0.50%        
Revolving line of credit facilities | Eurodollar              
Debt Instrument [Line Items]              
Debt instrument, basis spread on variable rate     1.00%        
Revolving line of credit facilities | Secured Debt              
Debt Instrument [Line Items]              
Line of credit facility     $ 1,800,000        
Revolving line of credit facilities | Line of Credit | Credit Agreement              
Debt Instrument [Line Items]              
Increase in revolving credit facility           $ 275,000  
Revolving line of credit A & B facilities              
Debt Instrument [Line Items]              
Interest rate     5.83% 6.83%      
Revolving line of credit B facility              
Debt Instrument [Line Items]              
Interest rate     6.11% 6.59%      
Revolving line of credit B facility | Secured Debt              
Debt Instrument [Line Items]              
Line of credit facility     $ 500,000        
Revolving line of credit A facility | Secured Debt              
Debt Instrument [Line Items]              
Line of credit facility     $ 1,300,000        
Foreign Swing Line              
Debt Instrument [Line Items]              
Payment period     20 days        
Term Loan              
Debt Instrument [Line Items]              
Unamortized debt issuance costs     $ 16,600 $ 19,000      
Interest rate, effective percentage     6.87%        
Principal payments on notes payable     $ 140,100