XML 50 R39.htm IDEA: XBRL DOCUMENT
v3.22.2.2

DEBT (Tables) | 9 Months Ended
--- | ---
Sep. 25, 2022
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 25, 2022 |  | December 26, 2021
|  |  | (In thousands)
Senior notes payable at 3.50% | 2032 |  | $ | 900,000 |  |  | $ | 900,000 |
Senior notes payable, net of discount, at 4.25% | 2031 |  | 991,441 |  |  | 990,691 |
Senior notes payable, net of discount, at 5.875% | 2027 |  | 846,403 |  |  | 845,866 |
U.S. Credit Facility (defined below): |  |  |  |  |
Term note payable at 4.43% | 2026 |  | 486,405 |  |  | 506,250 |
Revolving note payable at 4.33% | 2026 |  | — |  |  | — |
U.K. and Europe Revolving Facility (defined below) with notes payable at Sonia plus 1.25% | 2027 |  | 10,859 |  |  | — |
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 |  | — |  |  | 3 |
Finance lease obligations | Various |  | 3,859 |  |  | 4,548 |
Long-term debt |  |  | 3,238,967 |  |  | 3,247,358 |
Less: Current maturities of long-term debt |  |  | (26,269) |  |  | (26,246) |
Long-term debt, less current maturities |  |  | 3,212,698 |  |  | 3,221,112 |
Less: Capitalized financing costs |  |  | (28,747) |  |  | (29,951) |
Long-term debt, less current maturities, net of capitalized financing costs |  |  | $ | 3,183,951 |  |  | $ | 3,191,161 |

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: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration