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Debt (Tables)
12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Debt
The following table summarizes the Company’s outstanding debt as of the dates indicated (in millions):
December 31,
2022
December 25,
2021
1.75% Senior Notes$650.0 $650.0 
3.70% Senior Notes150.0 150.0 
Senior Credit Facility:
November 2020 Term Loan— 200.0 
Revolving Credit Facility378.0 — 
Total outstanding borrowings1,178.0 1,000.0 
Less: unamortized debt discounts and issuance costs(13.9)(13.6)
Total debt1,164.1 986.4 
Less: current portion of long-term debt— — 
Long-term debt$1,164.1 $986.4 
Outstanding letters of credit$52.6 $52.9