XML 65 R45.htm IDEA: XBRL DOCUMENT v3.22.0.1
DEBT (Tables)
12 Months Ended
Dec. 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:
MaturityDecember 26, 2021December 27, 2020
 (In thousands)
Senior notes payable, net of discount of 3.50%
2032$900,000 $— 
Senior notes payable, net of discount of 4.25%
2031990,691 — 
Senior notes payable, net of discount at 5.875%
2027845,866 845,149 
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%
2026506,250 — 
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 Rate plus 1.50%
2023— — 
Secured loans with payables at weighted average of 3.34%
Various38 
Finance lease obligationsVarious4,548 1,664 
Long-term debt3,247,358 2,298,544 
Less: Current maturities of long-term debt(26,246)(25,455)
Long-term debt, less current maturities3,221,112 2,273,089 
Less: Capitalized financing costs(29,951)(17,543)
Long-term debt, less current maturities, net of capitalized
financing costs
$3,191,161 $2,255,546