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Financial Instruments (Tables)
 6 Months Ended
Jun. 26, 2022
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments The carrying costs, which are equal to the outstanding principal amounts, and fair values of the Company's long-term borrowings as of June 26, 2022, June 27, 2021 and December 26, 2021 are as follows:
June 26, 2022June 27, 2021December 26, 2021
Carrying
Cost		Fair
Value		Carrying
Cost		Fair
Value		Carrying
Cost		Fair
Value
3.90% Notes Due 2029
$900.0 833.9 $900.0 982.1 $900.0 991.7 
3.55% Notes Due 2026
675.0 643.4 675.0 731.9 675.0 725.6 
3.00% Notes Due 2024
500.0 487.4 500.0 530.2 500.0 521.2 
6.35% Notes Due 2040
500.0 522.6 500.0 675.2 500.0 692.8 
3.50% Notes Due 2027
500.0 468.7 500.0 538.1 500.0 539.2 
2.60% Notes Due 2022
— — 300.0 308.0 — — 
5.10% Notes Due 2044
300.0 274.6 300.0 353.0 300.0 374.5 
6.60% Debentures Due 2028
109.9 118.9 109.9 136.0 109.9 136.7 
Variable % Notes Due December 30, 2022 — — 50.0 50.0 — — 
Variable % Notes Due December 30, 2024 (1)
340.0 340.0 562.5 562.5 397.5 397.5 
Production Financing Facilities77.0 77.0 212.6 212.6 170.1 170.1 
Total long-term debt$3,901.9 3,766.5 $4,610.0 5,079.6 $4,052.5 4,549.3 
Less: Deferred debt expenses25.9 — 31.7 — 28.2 — 
Less: Current portion137.0 — 189.6 — 200.1 — 
Long-term debt$3,739.0 3,766.5 $4,388.7 5,079.6 $3,824.2 4,549.3 
(1) During the first quarter of 2022, the Company repaid $50.0 million of the Variable % Notes due December 30, 2024.
Production Financing Loans The production financing facilities as of June 26, 2022, June 27, 2021 and December 26, 2021 are as follows:
June 26, 2022
June 27, 2021December 26, 2021
   Production financing facilities$175.0 $212.6 $170.1 
Production financing included in the consolidated balance sheet as:
Non-current$— $53.0 $— 
Current175.0 159.6 170.1 
          Total$175.0 $212.6 $170.1 
Carrying Amount of Currencies for Production Financing Loans The carrying amounts are denominated in the following currencies:
Canadian DollarsU.S. DollarsTotal
As of June 26, 2022
$22.9 $54.1 $77.0 
Schedule of Production Financing Loans
The following table represents the movements in production financing loans during the first six months of 2022:
Production Financing
December 26, 2021$170.1 
Drawdowns137.7 
Repayments(133.3)
Foreign exchange differences0.5 
Balance at June 26, 2022
$175.0