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Debt (Tables)
12 Months Ended
Dec. 26, 2020
Debt Disclosure [Abstract]  
Schedule of Debt
The following table summarizes the Company’s outstanding debt as of the dates indicated (in millions):
December 26,
2020
December 28,
2019
1.75% Senior Notes due 2030$650.0 $— 
3.70% Senior Notes due 2029150.0 150.0 
Senior Credit Facility:
February 2016 Term Loan— 145.0 
June 2017 Term Loan— 87.5 
November 2020 Term Loan200.0 — 
Revolving credit loans— 15.0 
Total outstanding borrowings1,000.0 397.5 
Less: unamortized debt discounts and issuance costs(15.7)(1.0)
Total debt984.3 396.5 
Less: current portion of long-term debt— (30.0)
Long-term debt$984.3 $366.5 
Outstanding letters of credit$48.7 $32.0