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Indebtedness (Tables)
6 Months Ended
Jun. 15, 2013
Debt Disclosure [Abstract]  
Schedule of Borrowings

Total borrowings consist of the following obligations:

 

(In millions)

   June 15,
2013
     December 29,
2012
     June 16,
2012
 

Term Loan A, due October 9, 2017

   $ 536.3       $ 550.0       $ —     

Term Loan B, due October 9, 2019

     273.4         325.0         —     

Senior notes, 6.125% interest, due October 15, 2020

     375.0         375.0         —     

Borrowings under Revolving Credit Facility (1)

     —           —           28.0   
  

 

 

    

 

 

    

 

 

 

Total interest-bearing debt

     1,184.7         1,250.0         28.0   

Less: current maturities of long-term debt

     37.1         30.7         —     

Less: borrowings under Revolving Credit Facility (1)

     —           —           28.0   
  

 

 

    

 

 

    

 

 

 

Total long-term debt

   $ 1,147.6       $ 1,219.3       $ —     
  

 

 

    

 

 

    

 

 

 

 

(1) Borrowings shown for June 16, 2012 were under the Company’s previous revolving credit facility.