DEBT (Tables)

6 Months Ended

Jun. 27, 2021

Debt Disclosure [Abstract]

Schedule of Long-term Debt

Long-term debt and other borrowing arrangements, including current notes payable to banks, consisted of the following components:

	Maturity	June 27, 2021		December 27, 2020
		(In thousands)
Senior notes payable, net of discount at 4.25%	2031	$	990,190	$	—
Senior notes payable, net of discount at 5.875%	2027	845,508		845,149
Senior notes payable, net of premium and discount at 5.75%	2025	—		1,001,693
U.S. Credit Facility (defined below):
Term note payable at 1.34%	2023	437,500		450,000
Revolving note payable at 3.50%	2023	40,500		—
Moy Park Bank of Ireland Revolving Facility with notes payable at LIBOR or EURIBOR plus 1.25% to 2.00%	2023	—		—
Mexico Credit Facility (defined below) with notes payable at TIIE plus 1.50%	2023	—		—
Secured loans with payables at weighted average of 3.34%	2022	23		38
Finance lease obligations	Various	1,456		1,664
Long-term debt		2,315,177		2,298,544
Less: Current maturities of long-term debt		(25,453)		(25,455)
Long-term debt, less current maturities		2,289,724		2,273,089
Less: Capitalized financing costs		(19,426)		(17,543)
Long-term debt, less current maturities, net of capitalized financing costs		$	2,270,298	$	2,255,546