Long-Term Debt and Capital Lease Obligations (Tables)

12 Months Ended

Jan. 01, 2016

Long-term Debt and Capital Lease Obligations [Abstract]

Schedule of Long-Term Debt and Capital Lease Obligation

The following is a summary of long term-debt and capital lease obligations (U.S. dollars in millions):

	January 1, 2016			December 26, 2014
Senior unsecured revolving credit facility (see Credit Facility below)	$	251.2		$	262.5
Various other notes payable	1.4			3.4
Capital lease obligations	1.6			1.0
Total long-term debt and capital lease obligations	254.2			266.9
Less:  Current portion	(1.5		)	(2.2		)
Long-term debt and capital lease obligations	$	252.7		$	264.7

Schedule of Line of Credit Facilities

The following is a summary of the material terms of the Credit Facility and other working capital facilities (U.S. dollars in millions):

	Term	Maturity Date	Interest Rate at January 1, 2016	Borrowing Limit		Available Borrowings at January 1, 2016
Bank of America credit facility	5.0 years	April 15, 2020	1.39%	$	800.0	$	548.8
Rabobank letter of credit facility	364 days	June 21, 2016	Varies	25.0		11.5
Other working capital facilities	Varies	Varies	Varies	17.9		9.8
				$	842.9	$	570.1

Schedule of Maturities of Long-term Debt

Maturities of long-term debt and capital lease obligations during the next five years are (U.S. dollars in millions): 

Fiscal Years	Long-Term Debt			Capital Leases			Totals
2016	$	6.1		$	0.7		$	6.8
2017	8.7			0.5			9.2
2018	10.6			0.5			11.1
2019	13.8			0.2			14.0
2020	256.7			—			256.7
	295.9			1.9			297.8
Less:  Amounts representing interest (1)	(43.3		)	(0.3		)	(43.6		)
	252.6			1.6			254.2
Less:  Current portion	$	(1.0	)	$	(0.5	)	$	(1.5	)
Totals, net of current portion of long-term debt and capital lease obligations	$	251.6		$	1.1		$	252.7

⁽¹⁾ We utilize a variable interest rate on our long-term debt, and for presentation purposes we have used an assumed rate of 3%.