XML 82 R71.htm IDEA: XBRL DOCUMENT v3.20.2
DEBT - Schedule of Long-term Debt and Other Borrowing Arrangements (Details) - USD ($)
9 Months Ended
Dec. 14, 2018
Jun. 02, 2018
Sep. 27, 2020
Dec. 29, 2019
Sep. 29, 2017
Debt Instrument [Line Items]          
Finance lease obligations     $ 1,783,000 $ 2,150,000  
Long-term debt     2,654,862,000 2,324,626,000  
Less: Current maturities of long-term debt     (25,485,000) (26,392,000)  
Long-term debt, less current maturities     2,629,377,000 2,298,234,000  
Less: Capitalized financing costs     (18,709,000) (22,205,000)  
Long-term debt, less current maturities, net of capitalized financing costs     2,610,668,000 2,276,029,000  
Credit facility | Term note payable at 1.42%          
Debt Instrument [Line Items]          
Long-term debt     456,250,000 475,000,000  
Credit facility | Revolving note payable at 1.44%          
Debt Instrument [Line Items]          
Long-term debt     350,000,000 0  
Credit facility | Moy Park Bank of Ireland Revolving Facility with notes payable at LIBOR or EURIBOR plus 1.25% to 2.00%          
Debt Instrument [Line Items]          
Long-term debt     0 0  
Credit facility | Mexico Credit Facility (defined below) with notes payable at TIIE plus 1.50%          
Debt Instrument [Line Items]          
Long-term debt     $ 0 0  
Senior notes | Senior notes payable, net of premium and discount at 5.75%          
Debt Instrument [Line Items]          
Stated interest rate     5.75%    
Long-term debt     $ 1,001,793,000 1,002,095,000  
Senior notes | Senior notes payable, net of discount at 5.875%          
Debt Instrument [Line Items]          
Stated interest rate     5.875%   5.875%
Long-term debt     $ 844,972,000 844,433,000  
Credit facility | Credit facility | Term note payable at 1.42%          
Debt Instrument [Line Items]          
Stated interest rate     1.42%    
Long-term debt     $ 456,300,000    
Credit facility | Credit facility | Revolving note payable at 1.44%          
Debt Instrument [Line Items]          
Stated interest rate     1.44%    
Credit facility | Credit facility | Moy Park Bank of Ireland Revolving Facility with notes payable at LIBOR or EURIBOR plus 1.25% to 2.00%          
Debt Instrument [Line Items]          
Long-term debt     $ 0    
Credit facility | Credit facility | Moy Park Bank of Ireland Revolving Facility with notes payable at LIBOR or EURIBOR plus 1.25% to 2.00% | LIBOR Rate          
Debt Instrument [Line Items]          
Basis spread on variable interest rate   1.25% 1.25%    
Credit facility | Credit facility | Moy Park Bank of Ireland Revolving Facility with notes payable at LIBOR or EURIBOR plus 1.25% to 2.00% | EURIBOR Rate          
Debt Instrument [Line Items]          
Basis spread on variable interest rate   2.00% 2.00%    
Credit facility | Credit facility | Mexico Credit Facility (defined below) with notes payable at TIIE plus 1.50%          
Debt Instrument [Line Items]          
Long-term debt     $ 0    
Credit facility | Credit facility | Mexico Credit Facility (defined below) with notes payable at TIIE plus 1.50% | TIIE Rate          
Debt Instrument [Line Items]          
Basis spread on variable interest rate 1.50%   1.50%    
Secured loans with payables at weighted average of 3.34%          
Debt Instrument [Line Items]          
Weighted average interest rate     3.34%    
Long-term debt     $ 64,000 $ 948,000