DEBT (Tables)

6 Months Ended

Jun. 26, 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	June 26, 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	991,191		990,691
Senior notes payable, net of discount, at 5.875%	2027	846,224		845,866
Fifth Amended and Restated U.S. Credit Facility (defined below):
Term note payable at 2.09%	2026	686,483		506,250
Revolving note payable at 3.50%	2026	—		—
Moy Park Bank of Ireland Revolving Facility with notes payable at specified index rates, depending upon borrowing currency, plus 1.25% to 2.00%	2027	—		—
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	4,091		4,548
Long-term debt		3,427,989		3,247,358
Less: Current maturities of long-term debt		(26,260)		(26,246)
Long-term debt, less current maturities		3,401,729		3,221,112
Less: Capitalized financing costs		(30,356)		(29,951)
Long-term debt, less current maturities, net of capitalized financing costs		$	3,371,373	$	3,191,161