Debt

3 Months Ended

Mar. 27, 2020

Debt Disclosure [Abstract]

Debt

9. Debt

Debt was comprised of the following at the end of each period:

	March 27, 2020				December 27, 2019
	Principal		Unamortized Discount and Debt Issuance Costs		Principal		Unamortized Discount and Debt Issuance Costs
Current maturities of long-term debt:
4.875% senior notes due April 2020	$	614.8	$	0.1	$	614.8	$	0.6
Term loan due September 2024	15.6		0.1		15.6		0.2
Term loan due February 2025	4.1		0.1		4.1		0.1
Total current debt	634.5		0.3		634.5		0.9
Long-term debt:
9.50% debentures due May 2022	10.4		—		10.4		—
5.75% senior notes due August 2022	610.3		3.3		610.3		3.7
8.00% debentures due March 2023	4.4		—		4.4		—
4.75% senior notes due April 2023	133.7		0.8		133.7		0.8
5.625% senior notes due October 2023	514.7		4.1		514.7		4.4
Term loan due September 2024	1,501.3		14.7		1,505.2		15.5
Term loan due February 2025	398.5		5.8		399.5		6.1
5.50% senior notes due April 2025	387.2		3.5		387.2		3.6
10.00% second lien senior notes due April 2025	322.9		9.4		322.9		9.9
Revolving credit facility	900.0		2.7		900.0		3.1
Total long-term debt	4,783.4		44.3		4,788.3		47.1
Total debt	$	5,417.9	$	44.6	$	5,422.8	$	48.0

As of March 27, 2020, the applicable interest rate and outstanding borrowings on the Company's variable-rate debt instruments were as follows:

	Applicable interest rate		Outstanding borrowings
Term loan due September 2024	4.69	%	$	1,516.9
Term loan due February 2025	4.70		402.6
Revolving credit facility	3.86		900.0

As of March 27, 2020, the Company was fully drawn on its $900.0 million revolving credit facility.

As of March 27, 2020, the Company continues to be in full compliance with the provisions and covenants associated with its debt agreements. The Company's debt instruments are further described within the notes to the financial statements included within the Company's Annual Report filed on Form 10-K for the fiscal year ended December 27, 2019.