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DEBT AND OTHER FINANCING ARRANGEMENTS (Tables)

9 Months Ended

Sep. 30, 2023

Debt Disclosure [Abstract]

Schedule of Long-term Debt and Finance Lease Obligations

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

			September 30, 2023						December 31, 2022
			(in thousands)
Revolving facility			$	1,003,744					$	1,197,586
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			797						1,594
Finance leases			27,995						30,646
Total debt and finance leases			2,532,536						2,729,826
Less:
Current portion of long-term debt			797						1,347
Current portion of finance leases			1,880						2,330
Current portion of long-term debt and finance leases			2,677						3,677
Long-term debt and finance leases			2,529,859						2,726,149
Debt discount and debt issuance costs			(15,642)						(18,618)
Long-term debt, net and finance leases			$	2,514,217					$	2,707,531

Schedule of Cross Currency Loans

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

Three Months Ended

Nine Months Ended

September 24, 2022

September 24, 2022

Affected Line Item in the Unaudited Condensed Consolidated Statements of Income

(in thousands)

Loss on foreign debt remeasurement

(16,006)

(46,529)

Other expense, net

Gain on foreign exchange forward contract

17,406

49,712

Interest expense

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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
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4E
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480434/815-10-50-4E

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480434/815-10-50-4C

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4A
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480434/815-10-50-4A

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