TRADE ACCOUNTS AND OTHER RECEIVABLES (Tables)

12 Months Ended

Dec. 31, 2023

Accounts Receivable, after Allowance for Credit Loss [Abstract]

Schedule of Trade Accounts and Other Receivables

Trade accounts and other receivables (including accounts receivable from related parties), less allowance for credit losses, consisted of the following:

	December 31, 2023		December 25, 2022
	(In thousands)
Trade accounts receivable	$	1,027,916	$	984,332
Notes receivable	51,168		33,477
Other receivables	59,435		88,962
Receivables, gross	1,138,519		1,106,771
Allowance for credit losses	(9,341)		(9,559)
Receivables, net	$	1,129,178	$	1,097,212
Accounts receivable from related parties(a)	$	1,778	$	2,512

(a)Additional information regarding accounts receivable from related parties is included in “Note 19. Related Party Transactions.”

Activity in the allowance for credit losses was as follows:

	December 31, 2023		December 25, 2022
Allowance for Credit Losses:	(In thousands)
Balance, beginning of period	$	(9,559)	$	(9,673)
Provision charged to operating results	(1,439)		(675)
Account write-offs and recoveries	2,436		597
Effect of exchange rate	(779)		192
Balance, end of period	$	(9,341)	$	(9,559)

	December 31, 2023		December 25, 2022
Allowance for Sales Adjustments(a):	(In thousands)
Balance, beginning of period	$	6,905	$	11,472
Charged to operating results	337,546		238,135
Deductions	(335,253)		(242,702)
Balance, end of period	$	9,198	$	6,905

(a)    Deductions either written off, rebilled or reclassified as liabilities.