XML 29 R18.htm IDEA: XBRL DOCUMENT v3.24.3
DEBT AND OTHER FINANCING ARRANGEMENTS
 9 Months Ended
Sep. 28, 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:
September 28, 2024December 30, 2023
(in thousands)
Revolving facility$794,290 $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 debt16,122 9,575 
Finance leases 31,116 28,550 
Total debt and finance leases2,341,528 2,667,368 
Less:
Current portion of long-term debt157 3,172 
Current portion of finance leases3,043 2,398 
Current portion of long-term debt and finance leases3,200 5,570 
Long-term debt and finance leases2,338,328 2,661,798 
Debt discount and debt issuance costs(11,675)(14,651)
Long-term debt, net and finance leases$2,326,653 $2,647,147 
As of September 28, 2024 and December 30, 2023, the weighted average interest rate on the Company’s debt was 4.59% and 4.93%, respectively.
Letters of Credit
As of September 28, 2024 and December 30, 2023, the Company had $21.2 million and $21.6 million, respectively, in outstanding letters of credit.