Debt (Tables)

12 Months Ended

Dec. 30, 2022

Debt Disclosure [Abstract]

Schedule of Line of Credit Facilities

The following is a summary of the material terms of the Revolving Credit Facility and other working capital facilities at December 30, 2022 (U.S. dollars in millions):

	Term	Maturity Date	Interest Rate	Borrowing Limit		Available Borrowings
Bank of America credit facility	5 years	October 1, 2024	5.55%	$	900.0	$	360.2
Rabobank letter of credit facility	364 days	June 14, 2023	Varies	25.0		15.9
Other working capital facilities	Varies	Varies	Varies	28.1		12.5
				$	953.1	$	388.6

Schedule of Maturities of Long-term Debt

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

Fiscal Years	Long-Term Debt
2023	$	32.6
2024	563.4
2025	—
2026	—
2027	—
	596.0
Less:  Amounts representing interest(1)	(56.2)
	539.8
Less:  Current portion	$	—
Totals, net of current portion of long-term debt and finance lease obligations	$	539.8

 

(1) We utilize a variable interest rate on our long-term debt, and for presentation purposes we have used an assumed average rate of 4.7%.