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Debt (Tables)
6 Months Ended
Jun. 26, 2020
Debt Disclosure [Abstract]  
Schedule of Debt including Capital Lease Obligation
Debt was comprised of the following at the end of each period:
June 26, 2020December 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  $0.6  
Term loan due September 202415.6  0.1  15.6  0.2  
Term loan due February 20254.1  0.1  4.1  0.1  
Total current debt19.7  0.2  634.5  0.9  
Long-term debt:
9.50% debentures due May 202210.4  —  10.4  —  
5.75% senior notes due August 2022610.3  2.9  610.3  3.7  
8.00% debentures due March 20234.4  —  4.4  —  
4.75% senior notes due April 2023133.7  0.6  133.7  0.8  
5.625% senior notes due October 2023514.7  3.8  514.7  4.4  
Term loan due September 20241,497.4  13.9  1,505.2  15.5  
Term loan due February 2025397.4  5.5  399.5  6.1  
5.50% senior notes due April 2025387.2  3.3  387.2  3.6  
10.00% first lien senior notes due April 2025495.0  8.6  —  —  
10.00% second lien senior notes due April 2025322.9  9.0  322.9  9.9  
Revolving credit facility900.0  2.4  900.0  3.1  
Total long-term debt
5,273.4  50.0  4,788.3  47.1  
Total debt$5,293.1  $50.2  $5,422.8  $48.0  
Schedule of Applicable Interest Rate on Variable-rate Debt
As of June 26, 2020, the applicable interest rate and outstanding borrowings on the Company's variable-rate debt instruments were as follows:
Applicable interest rateOutstanding borrowings
Term loan due September 20244.20 %$1,513.0  
Term loan due February 20253.75  401.5  
Revolving credit facility3.27  900.0