Long-Term Debt (Tables)

12 Months Ended

Dec. 28, 2025

Debt Disclosure [Abstract]

Long-term debt

Long-term debt consisted of the following:

	Year End
	December 28, 2025		December 29, 2024
Class A-2 Notes:
5.422% Series 2025-1 Class A-2-I Notes, anticipated repayment date 2032	$	450,000	$	—
4.236% Series 2022-1 Class A-2-I Notes, anticipated repayment date 2029	96,500		97,500
4.535% Series 2022-1 Class A-2-II Notes, anticipated repayment date 2032	382,134		386,134
2.370% Series 2021-1 Class A-2-I Notes, anticipated repayment date 2029	414,269		418,769
2.775% Series 2021-1 Class A-2-II Notes, anticipated repayment date 2031	620,530		627,030
3.783% Series 2019-1 Class A-2-I Notes, repaid in connection with the December 2025 refinancing	—		353,673
4.080% Series 2019-1 Class A-2-II Notes, anticipated repayment date 2029	394,123		398,623
3.884% Series 2018-1 Class A-2-II Notes, anticipated repayment date 2028	431,599		436,349
7% debentures, repaid at December 2025 maturity date	—		48,913
Unamortized debt issuance costs	(28,903)		(26,698)
	2,760,252		2,740,293
Less amounts payable within one year	(29,750)		(78,163)
Total long-term debt	$	2,730,502	$	2,662,130

Aggregate annual maturities of long-term debt

Aggregate annual maturities of long-term debt as of December 28, 2025 were as follows:

Fiscal Year
2026	$	29,750
2027	29,750
2028	447,099
2029	889,892
2030	15,000
Thereafter	1,377,664
	$	2,789,155

Pledged assets

The following is a summary of the Company’s assets pledged as collateral for certain debt:

	Year End
	December 28, 2025
Cash and cash equivalents	$	16,990
Restricted cash and other assets	38,805
Accounts and notes receivable, net	42,969
Inventories	6,469
Properties	94,120
Other intangible assets	962,676
	$	1,162,029