Debt (Tables)

12 Months Ended

Dec. 27, 2024

Debt Disclosure [Abstract]

Schedule of Line of Credit Facilities

The following is a summary of the material terms of the 2024 Amended Credit Facility and other working capital facilities at December 27, 2024 (U.S. dollars in millions):

	Term	Maturity Date	Interest Rate	Borrowing Limit		Available Borrowings
Bank of America credit facility	5 years	February 21, 2029	5.69%	$	750.0	$	505.9
Rabobank letter of credit facility	364 days	June 12, 2025	Varies	25.0		18.2
Other working capital facilities	Varies	Varies	Varies	31.3		15.1
				$	806.3	$	539.2

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
2025	$	13.4
2026	13.2
2027	12.5
2028	11.9
2029	246.2
Thereafter	—
	297.2
Less: Amounts representing interest(1)	(53.1)
	244.1
Less:  Current portion	—
Totals, net of current portion of long-term debt and finance lease obligations	$	244.1

 

(1)     We utilize a variable interest rate on our long-term debt, and for presentation purposes we have used an assumed average rate of 4.3%.