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LONG-TERM DEBT AND OTHER BORROWING ARRANGEMENTS (Tables) | 6 Months Ended
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Jul. 01, 2018
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 |  | July 1, 2018 |  | December 31, 2017
|  |  | (In thousands)
Long-term debt and other long-term borrowing arrangements: |  |  |  |  |
Senior notes payable, net of premium and discount at 5.75% | 2025 |  | $ | 1,002,698 |  |  | $ | 754,820 |
Senior notes payable, net of discount at 5.875% | 2027 |  | 843,359 |  |  | 600,000 |
Senior notes payable at 6.25% | 2021 |  | — |  |  | 403,444 |
U.S. Credit Facility (defined below): |  |  |  |  |
Term note payable at 3.60% | 2022 |  | 760,000 |  |  | 780,000 |
Revolving note payable at 5.25% | 2022 |  | — |  |  | 73,262 |
Mexico Credit Facility (defined below) with notes payable at TIIE Rate plus 0.95% | 2019 |  | — |  |  | 76,307 |
Moy Park Multicurrency Revolving Facility with notes payable at LIBOR rate plus 2.5% | 2018 |  | — |  |  | 9,590 |
Moy Park France Invoice Discounting Revolver with payables at EURIBOR plus 0.8% | 2018 |  | — |  |  | 1,815 |
Moy Park Bank of Ireland Revolving Facility with notes payable at LIBOR or EURIBOR plus 1.25% to 2.00% | 2023 |  | 39,624 |  |  | — |
Secured loans with payables at weighted average of 3.74% | Various |  | 580 |  |  | 873 |
Capital lease obligations | Various |  | 6,322 |  |  | 9,239 |
Long-term debt |  |  | 2,652,583 |  |  | 2,709,350 |
Less: Current maturities of long-term debt |  |  | (44,606 | ) |  | (47,775 | )
Long-term debt, less current maturities |  |  | 2,607,977 |  |  | 2,661,575 |
Less: Capitalized financing costs |  |  | (23,491 | ) |  | (25,958 | )
Long-term debt, less current maturities, net of capitalized financing costs: |  |  | $ | 2,584,486 |  |  | $ | 2,635,617 |

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- 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
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