Long-Term Debt and Capital Lease Obligations (Tables)

12 Months Ended

Dec. 29, 2017

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 29, 2017			December 30, 2016
Senior unsecured revolving credit facility (see Credit Facility below)	$	356.2		$	230.5
Capital lease obligations	1.4			1.8
Total long-term debt and capital lease obligations	357.6			232.3
Less:  Current portion	(0.6		)	(0.6		)
Long-term debt and capital lease obligations	$	357.0		$	231.7

Schedule of Line of Credit Facilities

The following is a summary of the material terms of the Credit Facility and other working capital facilities at December 29, 2017 (U.S. dollars in millions):

	Term	Maturity Date	Interest Rate at December 29, 2017	Borrowing Limit		Available Borrowings at December 29, 2017
Bank of America credit facility	5.0 years	April 15, 2020	2.79%	$	800.0	$	443.8
Rabobank letter of credit facility	364 days	June 19, 2018	Varies	25.0		17.5
Other working capital facilities	Varies	Varies	Varies	23.3		13.7
				$	848.3	$	475.0

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
2018	$	9.8		$	0.7		$	10.5
2019	12.8			0.5			13.3
2020	371.4			0.2			371.6
2021	—			0.1			0.1
2022	—			—			—
	394.0			1.5			395.5
Less:  Amounts representing interest (1)	(37.8		)	(0.1		)	(37.9		)
	356.2			1.4			357.6
Less:  Current portion	$	—		$	(0.6	)	$	(0.6	)
Totals, net of current portion of long-term debt and capital lease obligations	$	356.2		$	0.8		$	357.0

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