Fair Value of Financial Instruments (Tables)

9 Months Ended

Sep. 26, 2020

The recorded carrying amounts and fair values of these instruments were as follows:


	September 26, 2020
(amounts in thousands)	Carrying Amount		Total Fair Value		Level 1		Level 2		Level 3
Assets:
Cash equivalents	$	325,121	$	325,121	$	—	$	325,121	$	—
Derivative assets, recorded in other current assets	3,097		3,097		—		3,097		—









Liabilities:
Debt, recorded in long-term debt and current maturities of long-term debt	$	1,781,354	$	1,791,474	$	—	$	1,791,474	$	—


Derivative liabilities, recorded in accrued expenses and other current liabilities	3,679		3,679		—		3,679		—
Derivative liabilities, recorded in deferred credits and other liabilities	1,213		1,213		—		1,213		—


	December 31, 2019
(amounts in thousands)	Carrying Amount		Total Fair Value		Level 1		Level 2		Level 3
Assets:

Derivative assets, recorded in other current assets	$	1,372	$	1,372	$	—	$	1,372	$	—
Derivative assets, recorded in other assets	6		6		—		6		—








Liabilities:
Debt, recorded in long-term debt and current maturities of long-term debt	$	1,528,146	$	1,554,425	$	—	$	1,554,425	$	—


Derivative liabilities, recorded in accrued expenses and other current assets	4,068		4,068		—		4,068		—