XML 50 R39.htm IDEA: XBRL DOCUMENT
v3.20.2

DEBT (Tables) | 6 Months Ended
--- | ---
Jun. 28, 2020
Debt Disclosure [Abstract] |
Schedule of Long-term Debt | Long-term debt and other borrowing arrangements, including current notes payable to banks, consisted of the following components:
| Maturity |  | June 28, 2020 |  | December 29, 2019
|  |  | (In thousands) |  |
Senior notes payable, net of premium and discount at 5.75% | 2025 |  | $ | 1,001,894 |  |  | $ | 1,002,095 |
Senior notes payable, net of discount at 5.875% | 2027 |  | 844,792 |  |  | 844,433 |
U.S. Credit Facility (defined below): |  |  |  |  |
Term note payable at 1.42% | 2023 |  | 462,500 |  |  | 475,000 |
Revolving note payable at 1.44% | 2023 |  | 350,000 |  |  | — |
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 plus 1.50% | 2023 |  | — |  |  | — |
Secured loans with payables at weighted average of 3.34% | Various |  | 136 |  |  | 948 |
Finance lease obligations | Various |  | 1,907 |  |  | 2,150 |
Other debt | 2020 |  | 163 |  |  | — |
Long-term debt |  |  | 2,661,392 |  |  | 2,324,626 |
Less: Current maturities of long-term debt |  |  | (25,566) |  |  | (26,392) |
Long-term debt, less current maturities |  |  | 2,635,826 |  |  | 2,298,234 |
Less: Capitalized financing costs |  |  | (19,875) |  |  | (22,205) |
Long-term debt, less current maturities, net of capitalized financing costs |  |  | $ | 2,615,951 |  |  | $ | 2,276,029 |

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