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v3.23.2

DEBT - Narrative (Details) |  |  |  |  |  |  |  | 6 Months Ended |  |  |  |
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Jun. 21, 2023 | Apr. 19, 2023 USD ($) | Aug. 09, 2021 USD ($) | Apr. 08, 2021 USD ($) | Dec. 14, 2018 MXN ($) | Jun. 02, 2018 | Mar. 07, 2018 USD ($) | Jun. 25, 2023 USD ($) | Dec. 25, 2022 USD ($) | Jun. 24, 2022 GBP (£) | Sep. 02, 2021 USD ($) | Sep. 29, 2017 USD ($)
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Maximum secured leverage ratio on a pro-forma basis (not to exceed) |  |  | 3.00 |  |  |  |  |  |  |  |  |
US Credit Facility | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate |  |  |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Basis spread on variable interest rate | 0.10% |  |  |  |  |  |  |  |  |  |  |
Mexico Credit Facility | Credit facility |  |  |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Long-term debt |  |  |  |  |  |  |  | $ 0 | $ 0 |  |  |
Senior notes | Senior notes payable, net of discount, at 5.875% |  |  |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Principal amount |  |  |  |  |  |  | $ 250,000,000 |  |  |  |  | $ 600,000,000
Stated interest rate |  |  |  |  |  |  |  | 5.875% |  |  |  |
Add-on issuance percentage of face value |  |  |  |  |  |  | 97.25% |  |  |  |  |
Gross amount |  |  |  |  |  |  | $ 243,100,000 |  |  |  |  |
Debt discount |  |  |  |  |  |  | $ 6,900,000 |  |  |  |  |
Long-term debt |  |  |  |  |  |  |  | $ 846,941,000 | 846,582,000 |  |  |
Senior notes | Senior notes payable, net of discount, at 4.25% |  |  |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Principal amount |  |  |  | $ 1,000,000,000 |  |  |  |  |  |  |  |
Stated interest rate |  |  |  |  |  |  |  | 4.25% |  |  |  |
Add-on issuance percentage of face value |  |  |  | 98.994% |  |  |  |  |  |  |  |
Gross amount |  |  |  | $ 989,900,000 |  |  |  |  |  |  |  |
Debt discount |  |  |  | $ 10,100,000 |  |  |  |  |  |  |  |
Stated interest rate if emissions target is met |  |  |  | 4.50% |  |  |  |  |  |  |  |
Notification period if emissions threshold is met |  |  |  | 30 days |  |  |  |  |  |  |  |
Emissions threshold |  |  |  | 17.679% |  |  |  |  |  |  |  |
Long-term debt |  |  |  |  |  |  |  | $ 992,195,000 | 991,692,000 |  |  |
Senior notes | Senior notes payable at 3.50% |  |  |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Principal amount |  |  |  |  |  |  |  |  |  |  | $ 900,000,000 |
Stated interest rate |  |  |  |  |  |  |  | 3.50% |  |  | 3.50% |
Long-term debt |  |  |  |  |  |  |  | $ 900,000,000 | 900,000,000 |  |  |
Senior notes | Senior notes payable, net of discount, at 6.25% |  |  |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Principal amount |  | $ 1,000,000,000 |  |  |  |  |  |  |  |  |  |
Stated interest rate |  | 6.25% |  |  |  |  |  | 6.25% |  |  |  |
Add-on issuance percentage of face value |  | 99.312% |  |  |  |  |  |  |  |  |  |
Gross amount |  | $ 993,100,000 |  |  |  |  |  |  |  |  |  |
Debt discount |  | $ 6,900,000 |  |  |  |  |  |  |  |  |  |
Long-term debt |  |  |  |  |  |  |  | $ 993,239,000 | $ 0 |  |  |
Credit facility | US Credit Facility | Credit facility |  |  |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Maximum borrowing capacity |  |  | $ 800,000,000 |  |  |  |  |  |  |  |  |
Feature to increase revolving loan commitment |  |  | 500,000,000 |  |  |  |  |  |  |  |  |
Letters of credit issued |  |  |  |  |  |  |  | 25,300,000 |  |  |  |
Current borrowing capacity |  |  |  |  |  |  |  | 774,700,000 |  |  |  |
Credit facility | US Credit Facility | Swingline loans |  |  |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Maximum borrowing capacity |  |  | 80,000,000 |  |  |  |  |  |  |  |  |
Credit facility | US Credit Facility | Letter of credit |  |  |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Maximum borrowing capacity |  |  | 125,000,000 |  |  |  |  |  |  |  |  |
Credit facility | US Credit Facility Term Loans | Credit facility |  |  |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Maximum borrowing capacity |  |  | $ 700,000,000 |  |  |  |  |  |  |  |  |
Credit facility | Moy Park Bank Of Ireland Revolving Facility | Credit facility |  |  |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Maximum borrowing capacity | £ |  |  |  |  |  |  |  |  |  | £ 150,000,000 |  |
Credit facility | Bank Of Ireland Revolving Facility, Due 2023 | Credit facility |  |  |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Current borrowing capacity |  |  |  |  |  |  |  | 190,700,000 |  |  |  |
Credit facility | Bank Of Ireland Revolving Facility, Due 2023 | Credit facility | LIBOR Rate |  |  |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Basis spread on variable interest rate |  |  |  |  |  | 1.25% |  |  |  |  |  |
Credit facility | Bank Of Ireland Revolving Facility, Due 2023 | Credit facility | EURIBOR Rate |  |  |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Basis spread on variable interest rate |  |  |  |  |  | 2.00% |  |  |  |  |  |
Credit facility | Mexico Credit Facility | Credit facility |  |  |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Maximum borrowing capacity |  |  |  |  | $ 1,500,000,000 |  |  |  |  |  |  |
Current borrowing capacity |  |  |  |  |  |  |  | $ 87,300,000 |  |  |  |
Credit facility | Mexico Credit Facility | Credit facility | TIIE Rate |  |  |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Basis spread on variable interest rate |  |  |  |  | 1.50% |  |  | 1.50% |  |  |  |
Credit facility | U.K. and Europe Revolving Facility | Credit facility |  |  |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Outstanding borrowings |  |  |  |  |  |  |  | $ 0 |  |  |  |
Credit facility | Mexico Credit Facility Due 2027 | Credit facility |  |  |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |  |  |
Long-term debt |  |  |  |  |  |  |  | $ 0 |  |  |  |

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