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Debt (Tables) | 3 Months Ended
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Mar. 30, 2024
Debt Disclosure [Abstract] |
Schedule of Debt | The Company’s debt as of March 30, 2024 and December 31, 2023 consists of the following:
(In thousands) | March 30, 2024 |  | December 31, 2023
Senior secured term loans B due 2029 at 7.06%(1) | 955,000 |  |  | 1,373,774 |
Senior secured notes due 2029 at 4.75% | 1,600,000 |  |  | 1,600,000 |
Senior unsecured notes due 2030 at 5.95% | 895,000 |  |  | 895,000 |
Senior unsecured notes due 2029 at 3.625% | 400,000 |  |  | 400,000 |
Senior unsecured notes due 2028 at 4.375% | 400,000 |  |  | 400,000 |
Revolving facility due 2027 at 7.06%(2) | — |  |  | — |
Total debt (par value) | 4,250,000 |  |  | 4,668,774 |
Unamortized discount and debt issuance costs | 77,058 |  |  | 91,633 |
Total debt, net | 4,172,942 |  |  | 4,577,141 |
Less short-term debt, including current portion of long-term debt | — |  |  | — |
Total long-term debt, net | $ | 4,172,942 |  |  | $ | 4,577,141 |
Schedule of Maturities of Long-term Debt | Annual maturities of long-term debt, excluding unamortized discount and debt issuance costs, due as of March 30, 2024 are as follows:
(In thousands) | Remaining 2024 |  | 2025 |  | 2026 |  | 2027 |  | 2028 |  | Thereafter |  | Total
Contractual debt obligation maturities* | $ | — |  |  | — |  |  | — |  |  | — |  |  | 400,000 |  |  | 3,850,000 |  |  | 4,250,000 |

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