XML 28 R73.htm IDEA: XBRL DOCUMENT v3.20.1
Debt (Details Textual 1)
¥ in Millions, $ in Millions, ₩ in Billions
1 Months Ended 12 Months Ended
May 31, 2020
USD ($)
Mar. 28, 2020
USD ($)
Quarter
May 26, 2020
USD ($)
Mar. 28, 2020
KRW (₩)
Mar. 28, 2020
CNY (¥)
Credit Facilities (Textual) [Abstract]          
Maximum expected combined borrowings outstanding - Commercial Paper Program and Global Credit Facility   $ 500.0      
Commercial Paper   0.0      
Line of credit facility, contingent liability for outstanding LOCs   9.0      
Commercial Paper [Member]          
Credit Facilities (Textual) [Abstract]          
Maximum borrowing capacity   $ 500.0      
Commercial Paper [Member] | Maximum [Member]          
Credit Facilities (Textual) [Abstract]          
Short-term Debt, Term   397 days      
Global Credit Facility [Member]          
Credit Facilities (Textual) [Abstract]          
Maximum borrowing capacity   $ 1,000.0      
Borrowing capacity under unsecured revolving line of credit   $ 500.0      
Line of credit facility, expiration date   Aug. 12, 2024      
Borrowings outstanding under revolving credit facilities   $ 475.0      
Line of credit facility, contingent liability for outstanding LOCs   9.0      
Line of credit facility, remaining borrowing capacity   $ 16.0      
Commitment fee, percentage   0.065%      
Maximum ratio of adjusted debt to consolidated EBITDAR as of date of measurement for four consecutive quarters   4.25      
Leverage Ratio Number of Consecutive Fiscal Quarters Used | Quarter   4      
Credit facility covenant terms   The Global Credit Facility contains a number of covenants that, among other things, restrict the Company's ability, subject to specified exceptions, to incur additional debt; incur liens; sell or dispose of assets; merge with or acquire other companies; liquidate or dissolve itself; engage in businesses that are not in a related line of business; make loans, advances, or guarantees; engage in transactions with affiliates; and make certain investments. As originally implemented, the Global Credit Facility also required the Company to maintain a maximum ratio of Adjusted Debt to Consolidated EBITDAR (the "leverage ratio") of no greater than 4.25 as of the date of measurement for the four most recent consecutive fiscal quarters. Adjusted Debt is defined generally as consolidated debt outstanding, including finance lease obligations, plus all operating lease obligations. Consolidated EBITDAR is defined generally as consolidated net income plus (i) income tax expense, (ii) net interest expense, (iii) depreciation and amortization expense, (iv) operating lease cost, (v) restructuring and other non-recurring expenses, and (vi) acquisition-related costs.      
Credit Facility covenant compliance   no Event of Default (as such term is defined pursuant to the Global Credit Facility) has occurred under the Company's Global Credit Facility      
China Credit Facility [Member]          
Credit Facilities (Textual) [Abstract]          
Maximum borrowing capacity   $ 7.0     ¥ 50
Line of credit facility, expiration date   Apr. 03, 2021      
South Korea Credit Facility [Member]          
Credit Facilities (Textual) [Abstract]          
Maximum borrowing capacity   $ 25.0   ₩ 30  
Line of credit facility, expiration date   Oct. 30, 2020      
Pan-Asia Credit Facilities [Member]          
Credit Facilities (Textual) [Abstract]          
Borrowings outstanding under revolving credit facilities   $ 0.0      
Weighted Average Overnight Federal Funds Rate [Member] | Global Credit Facility [Member]          
Credit Facilities (Textual) [Abstract]          
Percentage of variable rate   0.50%      
London Interbank Offered Rate (LIBOR) [Member] | Global Credit Facility [Member]          
Credit Facilities (Textual) [Abstract]          
Percentage of variable rate   1.00%      
Adjusted LIBOR [Member] | Global Credit Facility [Member]          
Credit Facilities (Textual) [Abstract]          
Percentage of variable rate   0.75%      
Subsequent Event [Member] | Global Credit Facility Amendment [Member]          
Credit Facilities (Textual) [Abstract]          
Commitment fee, percentage 0.25%        
Maximum Ratio Of Adjusted Debt To Consolidated EBITDAR As Of Date Of Measurement For Two Most Recent Consecutive Quarters 4.25        
Minimum Liquidity Covenant $ 750.0        
Subsequent Event [Member] | 364 Day Facility [Member]          
Credit Facilities (Textual) [Abstract]          
Borrowing capacity under unsecured revolving line of credit     $ 500.0    
Unrestricted Cash and Liquid Investments Limit $ 1,000.0        
Line of credit facility, expiration date May 25, 2021        
Commitment fee, percentage 0.25%        
Subsequent Event [Member] | Adjusted LIBOR [Member] | Global Credit Facility Amendment [Member]          
Credit Facilities (Textual) [Abstract]          
Percentage of variable rate 1.875%        
Subsequent Event [Member] | Adjusted LIBOR [Member] | 364 Day Facility [Member]          
Credit Facilities (Textual) [Abstract]          
Percentage of variable rate 1.875%        
Subsequent Event [Member] | Alternate base rate [Member] | Global Credit Facility Amendment [Member]          
Credit Facilities (Textual) [Abstract]          
Percentage of variable rate 0.875%        
Subsequent Event [Member] | Alternate base rate [Member] | 364 Day Facility [Member]          
Credit Facilities (Textual) [Abstract]          
Percentage of variable rate 0.875%        
Subsequent Event [Member] | Quarter Ending September 30, 2021 [Member] | Global Credit Facility Amendment [Member]          
Credit Facilities (Textual) [Abstract]          
Maximum ratio of adjusted debt to consolidated EBITDAR as of date of measurement for four consecutive quarters 5.25        
Subsequent Event [Member] | Quarter Ending December 31, 2021 [Member] | Global Credit Facility Amendment [Member]          
Credit Facilities (Textual) [Abstract]          
Maximum ratio of adjusted debt to consolidated EBITDAR as of date of measurement for four consecutive quarters 4.75        
Subsequent Event [Member] | Quarter Ending June 30, 2022 [Member] | Global Credit Facility Amendment [Member]          
Credit Facilities (Textual) [Abstract]          
Maximum ratio of adjusted debt to consolidated EBITDAR as of date of measurement for four consecutive quarters 4.25