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Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 24, 2022
Accounting Policies [Abstract]  
Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis
Financial assets and liabilities measured at fair value on a recurring basis as of September 24, 2022 and December 25, 2021 are summarized as follows:

Items Measured at Fair Value at September 24, 2022
(in thousands)Level 1Level 2Total
Mutual fund investments held in rabbi trust$711 $— $711 
Interest rate derivative assets designated as hedging instruments$— $11,540 $11,540 
Foreign currency derivative assets designated as hedging instruments$— $2,282 $2,282 
Foreign currency derivative liabilities designated as hedging instruments$— $161 $161 
Foreign currency derivative liabilities not designated as hedging instruments$— $2,622 $2,622 

Items Measured at Fair Value at December 25, 2021
(in thousands)Level 1Level 2Total
Mutual fund investments held in rabbi trust$976 $— $976 
Foreign currency derivative liabilities designated as hedging instruments$— $536 $536 
Schedule of Carrying Values and Estimated Fair Value of Total Long-Term Debt
The carrying value and estimated fair value of total long-term debt were as follows:

September 24, 2022December 25, 2021
(in thousands)Carrying valueEstimated fair valueCarrying valueEstimated fair value
Long-term debt$2,680,356 $2,494,221 $2,382,364 $2,411,987 
Schedule of Accumulated Other Comprehensive Income (Loss)
The following tables present changes in each component of accumulated other comprehensive income (loss), net of tax:

Three months ended September 24, 2022
(in thousands)Foreign currency translation adjustmentCash flow hedgesDefined benefit pension planAccumulated other comprehensive income (loss)
Balance as of June 25, 2022$(51,865)$(851)$(80)$(52,796)
Net change(71,048)8,606 (62,437)
Balance as of September 24, 2022$(122,913)$7,755 $(75)$(115,233)

Three months ended September 25, 2021
(in thousands)Foreign currency translation adjustmentCash flow hedgesDefined benefit pension planAccumulated other comprehensive income (loss)
Balance at June 26, 2021$19,002 $(57)$(91)$18,854 
Net change(30,903)(1)(30,901)
Balance as of September 25, 2021$(11,901)$(58)$(88)$(12,047)

Nine months ended September 24, 2022
(in thousands)Foreign currency translation adjustmentCash flow hedgesDefined benefit pension planAccumulated other comprehensive income (loss)
Balance as of December 25, 2021$(4,183)$(758)$(87)$(5,028)
Net change(118,730)8,513 12 (110,205)
Balance as of September 24, 2022$(122,913)$7,755 $(75)$(115,233)

Nine months ended September 25, 2021
(in thousands)Foreign currency translation adjustmentCash flow hedgesDefined benefit pension planAccumulated other comprehensive income (loss)
Balance as of December 26, 2020$16,834 $(87)$(219)$16,528 
Net change(28,735)29 131 (28,575)
Balance as of September 25, 2021$(11,901)$(58)$(88)$(12,047)