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RESTRUCTURING-RELATED ACTIVITIES | 12 Months Ended
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Dec. 25, 2022
Restructuring and Related Activities [Abstract] |
RESTRUCTURING-RELATED ACTIVITIES | RESTRUCTURING-RELATED ACTIVITIES In 2022, the Company initiated a restructuring initiative to phase out and reduce processing volumes at multiple production facilities throughout the U.K. and Europe reportable segment. Implementation of this initiative is expected to result in total pre-tax charges of approxim ately $58.0 million, and approximately $53.0 million of these charges are estimated to result in cash outlays. These activities were initiated in the fourth quarter of 2022 and are expected to be substantially completed by the end of the second quarter of 2023. The following table provides a summary of our estimates of costs associated with these restructuring initiatives by major type of cost:
Type of Cost | Moy Park |  | Pilgrim’s Pride Ltd. |  | Pilgrim’s Food Masters |  | Total Estimated Amount Expected to be Incurred
| (In thousands)
Contract termination | $ | 9,437 |  |  | $ | 833 |  |  | $ | 2,170 |  |  | $ | 12,440 |
Asset impairment | 3,559 |  |  | — |  |  | — |  |  | 3,559 |
Severance | 8,244 |  |  | 6,160 |  |  | 5,303 |  |  | 19,707 |
Employee retention benefits | 1,398 |  |  | 276 |  |  | — |  |  | 1,674 |
Other employee costs | 301 |  |  | 181 |  |  | 121 |  |  | 603 |
Lease termination | 458 |  |  | 642 |  |  | 1,808 |  |  | 2,908 |
Inventory adjustment | 470 |  |  | 615 |  |  | — |  |  | 1,085 |
Other charges (a) | 7,543 |  |  | 1,386 |  |  | 7,110 |  |  | 16,039 |
Total estimated costs, net | $ | 31,410 |  |  | $ | 10,093 |  |  | $ | 16,512 |  |  | $ | 58,015 |
(a)Comprised of other costs directly related to the restructuring initiatives including Moy Park flock depletion, Pilgrim’s Pride Ltd. prepayment balances and maintenance contracts exit costs and Pilgrim’s Pride Ltd. consulting fees. During 2022, the Company recognized the following expenses and paid the following cash related to each restructuring initiative:
| Expenses |  | Cash Outlays
| (In thousands)
Moy Park | $ | 19,325 |  |  | $ | 10,526 |
Pilgrim’s Pride Ltd. | 10,140 |  |  | 2,590 |
Pilgrim’s Food Masters | 1,001 |  |  | 341 |
| $ | 30,466 |  |  | $ | 13,457 |
These expenses are reported in the line item Restructuring activities on the Consolidated Statements of Income. The following table reconciles liabilities and reserves associated with each restructuring initiative from initiative inception to December 25, 2022. Ending liability balances for employee termination benefits and other charges are reported in the line item Accrued expenses and other current liabilities in our Consolidated Balance Sheets. The ending reserve balance for inventory impairments is reported in the line item Inventories in our Consolidated Balance Sheets.

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(e)) -URI https://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI https://asc.fasb.org/topic&trid=2175745 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 + Details
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