Financing Arrangements (Tables)

12 Months Ended

Dec. 28, 2019

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

The following is a summary of long-term debt at December 28, 2019 and December 29, 2018 (in thousands):

	2019		2018
Senior secured revolving credit line	$	1,869,402	$	1,887,764
Foreign loans	3,622		4,166
Other debt arrangement	116		175
Total debt	$	1,873,140	$	1,892,105
Less current maturities of long-term debt	2,894		3,207
Long-term debt	$	1,870,246	$	1,888,898

Carrying Value And Fair Value Of Long Term Debt, Disclosure

The carrying value and estimated aggregate fair value, a level 2 measurement, based primarily on market prices, of debt is as follows (in thousands): 

	December 28, 2019				December 29, 2018
	Carrying Value		Fair Value		Carrying Value		Fair Value
Total debt	$	1,873,140	$	1,873,140	$	1,892,105	$	1,892,105

Schedule of Maturities of Long-term Debt

The aggregate amount of debt payable during each of the next five years, which includes the amendment and restatement to our multi-currency senior secured credit agreement disclosed in Note 14 to the consolidated financial statements, is as follows (in thousands):

 

2020	$	2,894
2021	378
2022	302
2023	82
2024 and thereafter	1,869,484
	$	1,873,140