Debt and Finance Lease Obligations (Tables)

3 Months Ended

Mar. 27, 2020

Long-term Debt and Lease Obligation [Abstract]

Schedule of long-term debt and finance lease obligation

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

	March 27, 2020			December 27, 2019
Senior unsecured revolving credit facility (see Credit Facility below)	$	598.4		$	586.6
Finance lease obligations	0.5			0.5
Total debt and finance lease obligations	598.9			587.1
Less:  Current maturities	(0.3		)	(0.3		)
Long-term debt and finance lease obligations	$	598.6		$	586.8

Material terms of the credit facility and other working capital facilities

The following is a summary of the material terms of the Credit Facility and other working capital facilities at March 27, 2020 (U.S. dollars in millions):

	Term	Maturity date	Interest rate	Borrowing limit		Available borrowings
Bank of America credit facility	5 years	October 1, 2024	2.95%	$	1,100.0	$	501.6
Rabobank letter of credit facility	364 days	June 17, 2020	Varies	25.0		13.6
Other working capital facilities	Varies	Varies	Varies	20.9		11.1
				$	1,145.9	$	526.3