XML 52 R37.htm IDEA: XBRL DOCUMENT
v3.8.0.1

LONG-TERM DEBT AND OTHER BORROWING ARRANGEMENTS (Tables) | 9 Months Ended
--- | ---
Sep. 24, 2017
Debt Disclosure [Abstract] |
Schedule of Long-term Debt and Other Borrowing Arrangements | Long-term debt and other borrowing arrangements, including current notes payable to banks, consisted of the following components:
| Maturity |  | September 24, 2017 |  | December 25, 2016
|  |  | (In thousands)
Long-term debt and other long-term borrowing arrangements: |  |  |  |  |
Senior notes payable at 5.75% | 2025 |  | $ | 500,000 |  |  | $ | 500,000 |
Senior notes payable at 6.25% | 2021 |  | 401,982 |  |  | 369,736 |
U.S. Credit Facility (defined below): |  |  |  |  |
Term note payable at 2.55% | 2022 |  | 790,000 |  |  | 500,000 |
Revolving note payable at 2.48% | 2022 |  | 73,262 |  |  | — |
Mexico Credit Facility (defined below) with notes payable at TIIE Rate plus 0.95% | 2019 |  | 84,524 |  |  | 23,304 |
Moy Park Multicurrency Revolving Facility with notes payable at LIBOR rate plus 2.5% | 2018 |  | 9,953 |  |  | 11,985 |
Moy Park Receivable with payables at LIBOR plus 1.5% | 2020 |  | — |  |  | — |
Moy Park France Invoice Discounting Revolver with payables at EURIBOR plus 0.8% | 2018 |  | 3,930 |  |  | 8,918 |
Chattels mortgages with payables at weighted average of 3.74% | Various |  | 1,015 |  |  | 1,432 |
JBS S.A. Promissory Note at 0.0% | 2018 |  | 753,705 |  |  | — |
Term Loan Agence L'eau | 2018 |  | 6 |  |  | 6 |
Capital lease obligations | Various |  | 10,703 |  |  | 14,600 |
Long-term debt |  |  | 2,629,080 |  |  | 1,429,981 |
Less: Current maturities of long-term debt |  |  | (61,811 | ) |  | (15,712 | )
Long-term debt, less current maturities |  |  | 2,567,269 |  |  | 1,414,269 |
Less: Capitalized financing costs |  |  | (18,694 | ) |  | (18,145 | )
Long-term debt, less current maturities, net of capitalized financing costs: |  |  | $ | 2,548,575 |  |  | $ | 1,396,124 |

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration