Debt (Tables)

12 Months Ended

Dec. 29, 2023

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 29, 2023 (U.S. dollars in millions):

	Term	Maturity Date	Interest Rate	Borrowing Limit		Available Borrowings
Bank of America credit facility	5 years	February 21, 2029	6.59%	$	900.0	$	500.0
Rabobank letter of credit facility	364 days	June 13, 2024	Varies	25.0		17.6
Other working capital facilities	Varies	Varies	Varies	30.9		7.9
				$	955.9	$	525.5

Schedule of Maturities of Long-term Debt

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

Fiscal Years	Long-Term Debt
2024	$	26.1
2025	24.0
2026	21.0
2027	20.3
2028	21.2
Thereafter	401.8
	514.4
Less:  Amounts representing interest(1)	(114.4)
	400.0
Less:  Current portion	$	—
Totals, net of current portion of long-term debt and finance lease obligations	$	400.0

 

(1) We utilize a variable interest rate on our long-term debt, and for presentation purposes we have used an assumed average rate of 4.4%.