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Debt (Tables)
9 Months Ended
Sep. 25, 2020
Debt Disclosure [Abstract]  
Schedule of Debt including Capital Lease Obligation
Debt was comprised of the following at the end of each period:
September 25, 2020December 27, 2019
Principal
Unamortized Discount and Debt Issuance Costs
Principal
Unamortized Discount and Debt Issuance Costs
Current maturities of long-term debt (1):
4.875% senior notes due April 2020$— $— $614.8 $0.6 
9.50% debentures due May 202210.4 
5.75% senior notes due August 2022610.3 2.5
8.00% debentures due March 20234.4 
4.75% senior notes due April 2023133.7 0.6
5.625% senior notes due October 2023514.7 3.6
Term loan due September 20241,509.1 13.1 15.6 0.2 
Term loan due February 2025400.5 5.3 4.1 0.1 
5.50% senior notes due April 2025387.2 3.1
10.00% first lien senior notes due April 2025495.0 8.2
10.00% second lien senior notes due April 2025322.9 8.5
Revolving credit facility900.0 2.0
Total current debt5,288.2 46.9 634.5 0.9 
Long-term debt:
9.50% debentures due May 202210.4 — 
5.75% senior notes due August 2022610.3 3.7 
8.00% debentures due March 20234.4 — 
4.75% senior notes due April 2023133.7 0.8 
5.625% senior notes due October 2023514.7 4.4 
Term loan due September 2024— 1,505.2 15.5 
Term loan due February 2025— 399.5 6.1 
5.50% senior notes due April 2025— 387.2 3.6 
10.00% first lien senior notes due April 2025— — — 
10.00% second lien senior notes due April 2025— 322.9 9.9 
Revolving credit facility— 900.0 3.1 
Total long-term debt
— — 4,788.3 47.1 
Total debt$5,288.2 $46.9 $5,422.8 $48.0 
Schedule of Applicable Interest Rate on Variable-rate Debt
As of September 25, 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 20243.50 %$1,509.1 
Term loan due February 20253.75 400.5 
Revolving credit facility2.52 900.0