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BUSINESS SEGMENT AND GEOGRAPHIC REPORTING (Tables) | 12 Months Ended
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Dec. 31, 2017
Segment Reporting [Abstract] |
Schedule of Net Sales, Operating Income and Long-lived Assets | Net sales to customers by customer location and long-lived assets are as follows:
|  | December 31, 2017 |  | December 25, 2016 |  | December 28, 2015
|  | (In thousands)
Net sales |  |  |  |  |  |
United States |  | $ | 7,443,222 |  |  | $ | 6,671,403 |  |  | $ | 7,143,354 |
U.K. and Europe |  | 1,996,319 |  |  | 1,947,441 |  |  | 572,568 |
Mexico |  | 1,328,322 |  |  | 1,259,720 |  |  | 1,036,750 |
Total |  | $ | 10,767,863 |  |  | $ | 9,878,564 |  |  | $ | 8,752,672 |
|  | December 31, 2017 |  | December 25, 2016 |  | December 28, 2015
|  | (In thousands)
Operating income |  |  |  |  |  |
United States |  | $ | 841,492 |  |  | $ | 572,558 |  |  | $ | 949,610 |
U.K. and Europe |  | 77,105 |  |  | 78,572 |  |  | 16,241 |
Mexico |  | 153,631 |  |  | 140,857 |  |  | 95,186 |
Elimination |  | 94 |  |  | 95 |  |  | 95 |
Total operating income |  | $ | 1,072,322 |  |  | $ | 792,082 |  |  | $ | 1,061,132 |
Interest expense, net of capitalized interest |  | 107,183 |  |  | 75,636 |  |  | 46,549 |
Interest income |  | (7,730 | ) |  | (2,301 | ) |  | (3,828 | )
Foreign currency transaction gain |  | (2,659 | ) |  | 4,055 |  |  | 26,148 |
Miscellaneous, net |  | (6,538 | ) |  | (9,344 | ) |  | (9,061 | )
Income before income taxes |  | $ | 982,066 |  |  | $ | 724,036 |  |  | $ | 1,001,324 |
|  | December 31, 2017 |  | December 25, 2016 |  | December 28, 2015
|  | (In thousands)
Net sales to customers by customer location: |  |  |  |  |  |
United States |  | $ | 7,452,758 |  |  | $ | 6,460,787 |  |  | $ | 6,722,455 |
Mexico |  | 1,019,170 |  |  | 1,180,947 |  |  | 1,116,455 |
Asia |  | 136,144 |  |  | 101,209 |  |  | 120,724 |
Canada, Caribbean and Central America |  | 114,543 |  |  | 152,516 |  |  | 176,396 |
Africa |  | 29,905 |  |  | 17,117 |  |  | 16,493 |
Europe |  | 2,000,843 |  |  | 1,952,192 |  |  | 584,651 |
South America |  | 13,279 |  |  | 11,955 |  |  | 12,114 |
Pacific |  | 1,221 |  |  | 1,841 |  |  | 3,384 |
Total |  | $ | 10,767,863 |  |  | $ | 9,878,564 |  |  | $ | 8,752,672 |
| December 31, 2017 |  | December 25, 2016
| (In thousands)
Long-lived assets(a): |  |  |
United States | $ | 1,437,220 |  |  | $ | 1,220,263 |
U.K. and Europe | 368,521 |  |  | 328,045 |
Mexico | 289,406 |  |  | 285,677 |
Total | $ | 2,095,147 |  |  | $ | 1,833,985 |
(a) | For this disclosure, we exclude financial instruments, deferred tax assets and intangible assets in accordance with ASC 280-10-50-41, Segment Reporting. Long-lived assets, as used in ASC 280-10-50-41, implies hard assets that cannot be readily removed.
Schedule of Sales by Product Lines | The following table sets forth, for the periods beginning with 2015, net sales attributable to each of our primary product lines and markets served with those products. We based the table on our internal sales reports and their classification of product types.
| 2017 |  | 2016 |  | 2015
| (In thousands)
U.S. chicken: |  |  |  |  |
Fresh chicken | $ | 5,700,503 |  |  | $ | 4,627,137 |  |  | $ | 4,701,943 |
Prepared chicken | 950,378 |  |  | 1,269,010 |  |  | 1,672,693 |
Export and other chicken | 213,595 |  |  | 313,827 |  |  | 358,877 |
Total U.S. chicken | 6,864,476 |  |  | 6,209,974 |  |  | 6,733,513 |
U.K. and Europe chicken: |  |  |  |  |
Fresh chicken | 846,575 |  |  | 811,127 |  |  | 240,815 |
Prepared chicken | 792,284 |  |  | 794,880 |  |  | 241,589 |
Export and other chicken | 318,699 |  |  | 283,276 |  |  | 67,903 |
Total U.K. and Europe chicken | 1,957,558 |  |  | 1,889,283 |  |  | 550,307 |
Mexico chicken | 1,303,656 |  |  | 1,245,644 |  |  | 1,016,200 |
Total chicken | 10,125,690 |  |  | 9,344,901 |  |  | 8,300,020 |
Other products: |  |  |  |  |
U.S. | 578,746 |  |  | 461,429 |  |  | 409,841 |
U.K. and Europe | 38,761 |  |  | 58,158 |  |  | 22,261 |
Mexico | 24,666 |  |  | 14,076 |  |  | 20,550 |
Total other products | 642,173 |  |  | 533,663 |  |  | 452,652 |
Total net sales | $ | 10,767,863 |  |  | $ | 9,878,564 |  |  | $ | 8,752,672 |

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