XML 29 R18.htm IDEA: XBRL DOCUMENT v3.24.2.u1
DEBT AND OTHER FINANCING ARRANGEMENTS
6 Months Ended
Jun. 29, 2024
Debt Disclosure [Abstract]  
DEBT AND OTHER FINANCING ARRANGEMENTS DEBT AND OTHER FINANCING ARRANGEMENTS
Long-term debt, net and finance leases consists of the following:
June 29, 2024December 30, 2023
(in thousands)
Revolving facility$879,498 $1,129,243 
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 debt16,125 9,575 
Finance leases 29,637 28,550 
Total debt and finance leases2,425,260 2,667,368 
Less:
Current portion of long-term debt435 3,172 
Current portion of finance leases2,778 2,398 
Current portion of long-term debt and finance leases3,213 5,570 
Long-term debt and finance leases2,422,047 2,661,798 
Debt discount and debt issuance costs(12,667)(14,651)
Long-term debt, net and finance leases$2,409,380 $2,647,147 
As of June 29, 2024 and December 30, 2023, the weighted average interest rate on the Company’s debt was 4.64% and 4.93%, respectively.
Letters of Credit
As of June 29, 2024 and December 30, 2023, the Company had $21.2 million and $21.6 million, respectively, in outstanding letters of credit.