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DEBT AND OTHER FINANCING ARRANGEMENTS (Tables)

12 Months Ended

Dec. 28, 2024

Debt Disclosure [Abstract]

Schedule of Long-term Debt, Net

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

			December 28, 2024						December 30, 2023
			(in thousands)
Revolving credit facility			$	714,948					$	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 debt			15,603						9,575
Finance leases			28,444						28,550
Total debt and finance leases			2,258,995						2,667,368
Less:
Current portion of long-term debt			155						3,172
Current portion of finance leases			2,774						2,398
Current portion of long-term debt and finance leases			2,929						5,570
Long-term debt and finance leases			2,256,066						2,661,798
Debt discount and debt issuance costs			(15,861)						(14,651)
Long-term debt, net and finance leases			$	2,240,205					$	2,647,147

Schedule of Derivative Instruments on Statements of Income

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

December 31, 2022

Affected Line Item in the Consolidated Statements of Income

(in thousands)

Gain on foreign exchange forward contract

$

49,712

Interest expense

Loss on foreign debt remeasurement

(46,529)

Other income (expense)

The Company did not have any U.S. dollar denominated loans borrowed by a non-U.S. Euro functional currency entity under the Credit Facility during fiscal years 2024 or 2023.

Schedule of Principal Maturities of Existing Debt

Principal maturities of existing debt for the periods set forth in the table below, are as follows:

Fiscal Year						Principal
						(in thousands)
2025						$	800
2026						1,509
2027						2,826
2028						502,909
2029						1,217,932
Thereafter						504,575
Total						$	2,230,551

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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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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.

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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

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Tabular disclosure of maturity and sinking fund requirement for long-term debt.

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-SubTopic 10
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