Borrowings (Tables)

9 Months Ended

Sep. 28, 2025

Our borrowings at September 28, 2025 and December 31, 2024 were as follows:


	September 28, 2025		December 31, 2024
Senior Credit Facility (at a rate of 5.63% at September 28, 2025, due 2027):
Revolving credit facility	$	450,000	$	113,000
Term loan facility	456,250		475,000
Delayed draw term loan	700,000		—

4.625% Senior Notes due 2027	500,000		500,000
4.250% Senior Notes due 2028	500,000		500,000
Securitization program, at a rate of 5.01% at September 28, 2025	75,000		75,000
	2,681,250		1,663,000
Less: Unamortized debt issuance costs	(9,746)		(7,129)
	2,671,504		1,655,871
Current portion of borrowings	(100,000)		(100,000)

Long-term borrowings	$	2,571,504	$	1,555,871

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details