Debt and Finance Lease Obligations (Tables)

3 Months Ended

Mar. 28, 2025

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 28, 2025		December 27, 2024
Senior unsecured revolving credit facility (see Credit Facility below)	$	233.0	$	244.1
Finance lease obligations	5.9		6.3
Total debt and finance lease obligations	238.9		250.4
Less:  Current maturities	(1.5)		(1.5)
Long-term debt and finance lease obligations	$	237.4	$	248.9

Material terms of the credit facility and other working capital facilities

The following is a summary of the material terms of the 2024 Amended Credit Facility and other working capital facilities at March 28, 2025 (U.S. dollars in millions):

	Term	Maturity date	Interest rate	Borrowing limit		Available borrowings, net of letters of credit and bank guarantees
Bank of America credit facility	5 years	February 21, 2029	5.42%	$	750.0	$	517.0
Rabobank letter of credit facility	364 days	June 12, 2025	Varies	25.0		18.4
Other working capital facilities	Varies	Varies	Varies	31.5		15.1
				$	806.5	$	550.5