DEBT (Tables)

9 Months Ended

Sep. 26, 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	September 26, 2021		December 27, 2020
		(In thousands)
Senior notes payable, net of discount at 3.50%	2032	$	900,000	$	—
Senior notes payable, net of discount at 4.25%	2031	990,440		—
Senior notes payable, net of discount at 5.875%	2027	845,687		845,149
Senior notes payable, net of premium and discount at 5.75%	2025	—		1,001,693
Fifth Amended and Restated U.S. Credit Facility (defined below):
Term note payable at 1.33%	2026	506,250		—
Revolving note payable at 3.50%	2026	—		—
Fourth Amended and Restated U.S. Credit Facility (defined below):
Term note payable at 1.33%	2023	—		450,000
Revolving note payable at 3.50%	2023	—		—
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	13		38
Finance lease obligations	Various	4,596		1,664
Long-term debt		3,246,986		2,298,544
Less: Current maturities of long-term debt		(19,885)		(25,455)
Long-term debt, less current maturities		3,227,101		2,273,089
Less: Capitalized financing costs		(31,235)		(17,543)
Long-term debt, less current maturities, net of capitalized financing costs		$	3,195,866	$	2,255,546