TRADE ACCOUNTS AND OTHER RECEIVABLES (Tables)

6 Months Ended

Jun. 25, 2023

Accounts Receivable, after Allowance for Credit Loss [Abstract]

Schedule of Trade Accounts and Other Receivables, and Allowance for Doubtful Accounts

Trade accounts and other receivables, less allowance for credit losses, consisted of the following:

	June 25, 2023		December 25, 2022
	(In thousands)
Trade accounts receivable	$	1,051,942	$	984,332
Notes receivable from third parties	48,586		33,477
Other receivables	72,544		88,962
Receivables, gross	1,173,072		1,106,771
Allowance for credit losses	(9,647)		(9,559)
Receivables, net	$	1,163,425	$	1,097,212
Accounts receivable from related parties(a)	$	1,697	$	2,512

(a)    Additional information regarding accounts receivable from related parties is included in “Note 17. Related Party Transactions.”

Activity in the allowance for credit losses was as follows:

	Six Months Ended
	June 25, 2023
	(In thousands)
Balance, beginning of period	$	(9,559)
Provision charged to operating results	(576)
Account write-offs and recoveries	1,166
Effect of exchange rate	(678)
Balance, end of period	$	(9,647)