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DEBT AND OTHER FINANCING ARRANGEMENTS (Tables)

6 Months Ended

Jun. 25, 2022

Debt Disclosure [Abstract]

Schedule of Long-term Debt and Finance Lease Obligations

Long-term debt, net and finance leases consists of the following:

			June 25, 2022						December 25, 2021
			(in thousands)
Revolving facility			$	1,486,976					$	1,161,431
4.25% Senior Notes due 2028			500,000						500,000
3.75% Senior Notes due 2029			500,000						500,000
4.00% Senior Notes due 2031			500,000						500,000
Other debt			350						368
Finance leases			32,961						27,223
Total debt and finance leases			3,020,287						2,689,022
Less:
Current portion of long-term debt			95						101
Current portion of finance leases			2,269						2,694
Current portion of long-term debt and finance leases			2,364						2,795
Long-term debt and finance leases			3,017,923						2,686,227
Debt discount and debt issuance costs			(20,702)						(22,663)
Long-term debt, net and finance leases			$	2,997,221					$	2,663,564

Schedule of Cross Currency Loans

The gains and losses incurred on these transactions were as follows:

						Three Months Ended												Six Months Ended
						June 25, 2022						June 26, 2021						June 25, 2022						June 26, 2021						Affected Line Item in the Consolidated Statements of Income
						(in thousands)
Gain (loss) on foreign debt remeasurement						$	(19,423)					$	(4,907)					$	(30,523)					$	(18,263)					Other (expense) income
Gain (loss) on foreign exchange forward contract						20,522						5,355						32,306						19,332						Interest expense

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- References

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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.

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- Definition

Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4E
-URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624181-113959

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4A
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5618551-113959

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624171-113959

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