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REVENUE RECOGNITION (Tables)

9 Months Ended

Sep. 25, 2022

Revenue from Contract with Customer [Abstract]

Disaggregated Revenue

Revenue has been disaggregated into the categories below to show how economic factors affect the nature, amount, timing and uncertainty of revenue and cash flows:

			Three Months Ended September 25, 2022
			(In thousands)
			Fresh						Prepared						Export						Other						Total
U.S.			$	2,309,402					$	280,114					$	146,704					$	100,700					$	2,836,920
U.K. and Europe			205,403						783,048						180,605						34,039						1,203,095
Mexico			364,060						40,785						—						24,109						428,954
Total net sales			$	2,878,865					$	1,103,947					$	327,309					$	158,848					$	4,468,969

			Three Months Ended September 26, 2021
			(In thousands)
			Fresh						Prepared						Export						Other						Total
U.S.			$	1,931,953					$	235,763					$	117,454					$	181,680					$	2,466,850
U.K. and Europe			248,232						543,838						104,442						33,928						930,440
Mexico			375,470						31,209						—						23,597						430,276
Total net sales			$	2,555,655					$	810,810					$	221,896					$	239,205					$	3,827,566

			Nine Months Ended September 25, 2022
			(In thousands)
			Fresh						Prepared						Export						Other						Total
U.S.			$	6,709,441					$	839,164					$	421,517					$	347,885					$	8,318,007
U.K. and Europe			674,758						2,320,873						538,878						105,620						3,640,129
Mexico			1,200,329						116,264						—						66,283						1,382,876
Total net sales			$	8,584,528					$	3,276,301					$	960,395					$	519,788					$	13,341,012

			Nine Months Ended September 26, 2021
			(In thousands)
			Fresh						Prepared						Export						Other						Total
U.S.			$	5,337,016					$	637,344					$	347,269					$	393,250					$	6,714,879
U.K. and Europe			915,087						1,445,728						278,636						81,568						2,721,019
Mexico			1,150,486						88,352						—						63,953						1,302,791
Total net sales			$	7,402,589					$	2,171,424					$	625,905					$	538,771					$	10,738,689

Contract Balances

Changes in the revenue contract liabilities balance are as follows (in thousands):

Balance as of December 26, 2021			$	22,321
Revenue recognized			(33,681)
Cash received, excluding amounts recognized as revenue during the period			47,094
Balance as of September 25, 2022			$	35,734

X

- Definition

Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 10
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130551-203045

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- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130545-203045

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- References

No definition available.

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