REPORTABLE SEGMENTS (Tables)

12 Months Ended

Dec. 25, 2022

Segment Reporting [Abstract]

Schedule of Net Sales, Operating Income, Depreciation and Amortization, Long-lived Assets and Capital Expenditures

Additional information regarding reportable segments is as follows:

	Year Ended
	December 25, 2022(a)		December 26, 2021(b)		December 27. 2020(c)
	(In thousands)
Net sales
U.S.	$	10,748,350	$	9,113,879	$	7,496,017
U.K. and Europe	4,874,738		3,934,062		3,274,292
Mexico	1,845,289		1,729,517		1,321,592
Total	$	17,468,377	$	14,777,458	$	12,091,901

(a)For the year 2022, the U.S. reportable segment had intercompany sales to the Mexico reportable segment of $120.9 million. These sales consisted of fresh products, prepared products, eggs and grain. For the year 2022, the U.K. and Europe reportable segment had intercompany sales of eggs to the U.S. reportable segment of $5.3 million.

(b)For the year 2021, the U.S. reportable segment had intercompany sales to the Mexico reportable segment of $296.9 million. These sales consisted of fresh products, prepared products and grain.

(c)For the year 2020, the U.S. reportable segment had intercompany sales to the Mexico reportable segment of $210.6 million. These sales consisted of fresh products, prepared products and grain.

	Year Ended
	December 25, 2022		December 26, 2021		December 27, 2020
	(In thousands)
Operating income
U.S.	$	1,094,025	$	(17,036)	$	69,377
U.K. and Europe	(934)		(627)		102,734
Mexico	83,450		228,773		72,879
Eliminations	54		54		473
Total operating income	1,176,595		211,164		245,463
Interest expense, net of capitalized interest	152,672		145,792		126,118
Interest income	(9,028)		(6,056)		(7,305)
Foreign currency transaction losses (gains)	30,817		(9,382)		760
Gain on bargain purchase	—		—		3,746
Miscellaneous, net	(23,339)		(11,580)		(39,681)
Income before income taxes	1,025,473		92,390		161,825
Income tax expense	278,935		61,122		66,755
Net income	$	746,538	$	31,268	$	95,070

	Year Ended
	December 25, 2022		December 26, 2021		December 27, 2020
	(In thousands)
Depreciation and amortization
U.S.	$	244,617	$	242,944	$	218,244
U.K. and Europe	134,374		113,256		92,673
Mexico	24,119		24,624		26,187
Total	$	403,110	$	380,824	$	337,104

	Year Ended
	December 25, 2022		December 26, 2021		December 27, 2020
	(In thousands)
Capital expenditures
U.S.	$	(343,825)	$	274,934	$	264,149
U.K. and Europe	(114,330)		87,004		77,597
Mexico	(28,955)		19,733		13,016
Total	$	(487,110)	$	381,671	$	354,762

	December 25, 2022		December 26, 2021
	(In thousands)
Total assets
U.S.	$	6,847,209	$	6,390,845
U.K. and Europe	4,033,990		4,292,558
Mexico	1,292,056		1,146,204
Eliminations	(2,917,486)		(2,916,402)
Total	$	9,255,769	$	8,913,205

	Year Ended
	December 25, 2022		December 26, 2021		December 27, 2020
	(In thousands)
Net sales to customers by customer location
U.S.	$	10,204,411	$	8,657,648	$	7,190,808
Europe	4,813,108		3,878,475		3,225,717
Mexico	1,895,658		1,778,355		1,350,588
Asia-Pacific	390,679		317,685		252,574
Canada, Caribbean and Central America	87,515		81,549		30,792
Africa	61,894		47,948		25,321
South America	15,112		15,798		16,101
Total	$	17,468,377	$	14,777,458	$	12,091,901

	December 25, 2022		December 26, 2021
	(In thousands)
Long-lived assets(a)
U.S.	$	1,943,967	$	1,862,584
U.K. and Europe	1,011,283		1,125,197
Mexico	295,069		284,980
Eliminations	(3,675)		(3,729)
Total	$	3,246,644	$	3,269,032

(a)For this disclosure, we exclude financial instruments, deferred tax assets and intangible assets in accordance with ASC 280-10-50-41, Segment Reporting. Long-lived assets, as used in ASC 280-10-50-41, implies hard assets that cannot be readily removed.