DEBT (Tables)

3 Months Ended

Mar. 27, 2022

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	March 27, 2022		December 26, 2021
		(In thousands)
Senior notes payable at 3.50%	2032	$	900,000	$	900,000
Senior notes payable, net of discount, at 4.25%	2031	990,941		990,691
Senior notes payable, net of discount, at 5.875%	2027	846,045		845,866
Fifth Amended and Restated U.S. Credit Facility (defined below):
Term note payable at 2.09%	2026	692,812		506,250
Revolving note payable at 3.50%	2026	—		—
Pilgrim's Pride Limited Bank of Ireland Invoice Discounting      Facility with notes payable at 2.25%	2022	9,911		—
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	—		3
Finance lease obligations	Various	4,320		4,548
Long-term debt		3,444,029		3,247,358
Less: Current maturities of long-term debt		(36,162)		(26,246)
Long-term debt, less current maturities		3,407,867		3,221,112
Less: Capitalized financing costs		(29,974)		(29,951)
Long-term debt, less current maturities, net of capitalized financing costs		$	3,377,893	$	3,191,161