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DEBT (Tables) | 9 Months Ended
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Sep. 26, 2021
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 |  | September 26, 2021 |  | December 27, 2020
|  |  | (In thousands)
Senior notes payable, net of discount at 3.50% | 2032 |  | $ | 900,000 |  |  | $ | — |
Senior notes payable, net of discount at 4.25% | 2031 |  | 990,440 |  |  | — |
Senior notes payable, net of discount at 5.875% | 2027 |  | 845,687 |  |  | 845,149 |
Senior notes payable, net of premium and discount at 5.75% | 2025 |  | — |  |  | 1,001,693 |
Fifth Amended and Restated U.S. Credit Facility (defined below): |  |  |  |  |
Term note payable at 1.33% | 2026 |  | 506,250 |  |  | — |
Revolving note payable at 3.50% | 2026 |  | — |  |  | — |
Fourth Amended and Restated U.S. Credit Facility (defined below): |  |  |  |  |
Term note payable at 1.33% | 2023 |  | — |  |  | 450,000 |
Revolving note payable at 3.50% | 2023 |  | — |  |  | — |
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% | 2022 |  | 13 |  |  | 38 |
Finance lease obligations | Various |  | 4,596 |  |  | 1,664 |
Long-term debt |  |  | 3,246,986 |  |  | 2,298,544 |
Less: Current maturities of long-term debt |  |  | (19,885) |  |  | (25,455) |
Long-term debt, less current maturities |  |  | 3,227,101 |  |  | 2,273,089 |
Less: Capitalized financing costs |  |  | (31,235) |  |  | (17,543) |
Long-term debt, less current maturities, net of capitalized financing costs |  |  | $ | 3,195,866 |  |  | $ | 2,255,546 |

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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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