Long-Term Debt and Capital Lease Obligations (Tables)

12 Months Ended

Dec. 30, 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):

	December 30, 2016			January 1, 2016
Senior unsecured revolving credit facility (see Credit Facility below)	$	230.5		$	251.2
Various other notes payable	—			1.4
Capital lease obligations	1.8			1.6
Total long-term debt and capital lease obligations	232.3			254.2
Less:  Current portion	(0.6		)	(1.5		)
Long-term debt and capital lease obligations	$	231.7		$	252.7

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 December 30, 2016	Borrowing Limit		Available Borrowings at December 30, 2016
Bank of America credit facility	5.0 years	April 15, 2020	1.75%	$	800.0	$	569.5
Rabobank letter of credit facility	364 days	June 20, 2017	Varies	25.0		10.8
Other working capital facilities	Varies	Varies	Varies	24.6		11.7
				$	849.6	$	592.0

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
2017	$	5.8		$	0.7		$	6.5
2018	7.7			0.6			8.3
2019	9.8			0.4			10.2
2020	243.2			0.2			243.4
2021	—			0.2			0.2
	266.5			2.1			268.6
Less:  Amounts representing interest (1)	(36.0		)	(0.3		)	(36.3		)
	230.5			1.8			232.3
Less:  Current portion	$	—		$	(0.6	)	$	(0.6	)
Totals, net of current portion of long-term debt and capital lease obligations	$	230.5		$	1.2		$	231.7

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