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LONG-TERM DEBT AND OTHER BORROWING ARRANGEMENTS (Tables) | 9 Months Ended
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Sep. 29, 2019
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 29, 2019 |  | December 30, 2018
|  |  | (In thousands)
Long-term debt and other long-term borrowing arrangements: |  |  |  |  |
Senior notes payable, net of premium and discount at 5.75% | 2025 |  | $ | 1,002,195 |  |  | $ | 1,002,497 |
Senior notes payable, net of discount at 5.875% | 2027 |  | 844,254 |  |  | 843,717 |
U.S. Credit Facility (defined below): |  |  |  |  |
Term note payable at 3.35% | 2023 |  | 481,250 |  |  | 500,000 |
Revolving note payable at 5.25% | 2023 |  | — |  |  | — |
Moy Park France Invoice Discounting Revolver with payables at EURIBOR plus 0.8% | 2019 |  | — |  |  | 2,277 |
Moy Park Credit Agricole Bank Overdraft with notes payable at EURIBOR plus 1.50% | On Demand |  | — |  |  | 88 |
Moy Park Bank of Ireland Revolving Facility with notes payable at LIBOR or EURIBOR plus 1.25% to 2.00% | 2023 |  | — |  |  | — |
Mexico Credit Facility (defined below) with notes payable at TIIE Rate plus 1.50% | 2023 |  | — |  |  | — |
Secured loans with payables at weighted average of 3.34% | Various |  | 1,334 |  |  | 319 |
Finance lease obligations | Various |  | 1,501 |  |  | 3,707 |
Long-term debt |  |  | 2,330,534 |  |  | 2,352,605 |
Less: Current maturities of long-term debt |  |  | (26,636 | ) |  | (30,405 | )
Long-term debt, less current maturities |  |  | 2,303,898 |  |  | 2,322,200 |
Less: Capitalized financing costs |  |  | (24,027 | ) |  | (27,010 | )
Long-term debt, less current maturities, net of capitalized financing costs: |  |  | $ | 2,279,871 |  |  | $ | 2,295,190 |

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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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