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LONG-TERM DEBT AND OTHER BORROWING ARRANGEMENTS (Tables)
3 Months Ended
Mar. 27, 2016
Debt Disclosure [Abstract]  
Schedule of Long-term Debt and Other Borrowing Arrangements
Long-term debt and other borrowing arrangements, including current notes payable to banks, consisted of the following components: 
 
Maturity
 
March 27, 2016
 
December 27, 2015
 
 
 
(In thousands)
Long-term debt and other long-term borrowing arrangements:
 
 
 
 
 
Senior notes payable at 5.75%
2025
 
$
500,000

 
$
500,000

U.S. Credit Facility (defined below):
 
 
 
 
 
Term note payable at 1.69%
2020
 
500,000

 
500,000

Revolving note payable
2020
 

 

Capital lease obligations
Various
 
441

 
462

Long-term debt
 
 
1,000,441

 
1,000,462

Less: Current maturities of long-term debt
 
 
(88
)
 
(86
)
Long-term debt, less current maturities
 
 
1,000,353

 
1,000,376

Less: Capitalized financing costs
 
 
(13,953
)
 
(14,867
)
Long-term debt, less current maturities, net of capitalized financing costs:
 
 
$
986,400

 
$
985,509

 
 
 
 
 
 
Current notes payable to banks
 
 
 
 
 
Mexico Credit Facility (defined below) with notes payable at
     TIIE Rate plus 0.90%
2016
 
$
21,577

 
$
28,726