XML 58 R46.htm IDEA: XBRL DOCUMENT
v3.22.4

Long-Term Debt (Tables) | 12 Months Ended
--- | ---
Jan. 01, 2023
Debt Disclosure [Abstract] |
Long-term debt | Long-term debt consisted of the following:
| Year End
| January 1, 2023 |  | January 2, 2022
Series 2022-1 Class A-2 Notes: |  |  |
4.236% Series 2022-1 Class A-2-I Notes, anticipated repayment date 2029 | $ | 99,500 |  |  | $ | — |
4.535% Series 2022-1 Class A-2-II Notes, anticipated repayment date 2032 | 398,000 |  |  | — |
Series 2021-1 Class A-2 Notes: |  |  |
2.370% Series 2021-1 Class A-2-I Notes, anticipated repayment date 2029 | 443,250 |  |  | 447,750 |
2.775% Series 2021-1 Class A-2-II Notes, anticipated repayment date 2031 | 640,250 |  |  | 646,750 |
Series 2019-1 Class A-2 Notes: |  |  |
3.783% Series 2019-1 Class A-2-I Notes, anticipated repayment date 2026 | 364,000 |  |  | 368,000 |
4.080% Series 2019-1 Class A-2-II Notes, anticipated repayment date 2029 | 409,500 |  |  | 414,000 |
Series 2018-1 Class A-2 Notes: |  |  |
3.884% Series 2018-1 Class A-2-II Notes, anticipated repayment date 2028 | 451,250 |  |  | 456,000 |
7% debentures, due in 2025 | 86,369 |  |  | 85,175 |
Unamortized debt issuance costs | (40,673) |  |  | (37,009) |
| 2,851,446 |  |  | 2,380,666 |
Less amounts payable within one year | (29,250) |  |  | (24,250) |
Total long-term debt | $ | 2,822,196 |  |  | $ | 2,356,416 |
Aggregate annual maturities of long-term debt | Aggregate annual maturities of long-term debt, excluding the effect of purchase accounting adjustments, as of January 1, 2023 were as follows:
Fiscal Year |
2023 | $ | 29,250 |
2024 | 29,250 |
2025 | 119,250 |
2026 | 377,250 |
2027 | 25,250 |
Thereafter | 2,315,500 |
| $ | 2,895,750 |
Pledged assets | The following is a summary of the Company’s assets pledged as collateral for certain debt:
| Year End
| January 1, 2023
Cash and cash equivalents | $ | 43,439 |
Restricted cash and other assets | 34,855 |
Accounts and notes receivable, net | 44,246 |
Inventories | 6,120 |
Properties | 64,328 |
Other intangible assets | 1,010,313 |
| $ | 1,203,301 |

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e24072-122690 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI https://asc.fasb.org/extlink&oid=124435984&loc=d3e28541-108399 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=126973232&loc=d3e21506-112644 Reference 5: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69B -URI https://asc.fasb.org/extlink&oid=123466577&loc=SL123495735-112612 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124435984&loc=d3e28551-108399 Reference 7: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69E -URI https://asc.fasb.org/extlink&oid=123466577&loc=SL123495743-112612 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI https://asc.fasb.org/extlink&oid=126973232&loc=d3e21521-112644 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI https://asc.fasb.org/extlink&oid=126973232&loc=d3e21538-112644 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=123599511&loc=d3e64711-112823 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI https://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=126973232&loc=d3e21475-112644 + Details
Name: | us-gaap_ScheduleOfDebtInstrumentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturity and sinking fund requirement for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=123465755&loc=d3e1835-112601 + Details
Name: | us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition [Table Text Block] for Pledged Assets, Not Separately Reported [Table] + References No definition available. + Details
Name: | wen_PledgedAssetsTableTextBlock
Namespace Prefix: | wen_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration