FAIR VALUE MEASUREMENT (Tables)

3 Months Ended

Mar. 30, 2025

Schedule of Assets and Liabilities Measured on a Recurring Basis

The following items were measured at fair value on a recurring basis:


	March 30, 2025						December 29, 2024
	Level 1		Level 2		Total		Level 1		Level 2		Total
	(In thousands)
Assets:
Fixed income securities	$	1,812,058	$	—	$	1,812,058	$	1,712,917	$	—	$	1,712,917
Commodity derivative assets	5,552		—		5,552		6,598		—		6,598
Foreign currency derivative assets	1,246		—		1,246		755		—		755
Sales contract derivative assets	1,652		—		1,652		—		—		—
Liabilities:
Commodity derivative liabilities	(11,912)		—		(11,912)		(2,494)		—		(2,494)
Foreign currency derivative liabilities	(237)		—		(237)		(1,397)		—		(1,397)
Sales contract derivative liabilities	—		—		—		—		(778)		(778)

Schedule of Carrying Amounts and Estimated Fair Values of Fixed-Rate Debt Obligation

The carrying amounts and estimated fair values of our debt obligations recorded in the Condensed Consolidated Balance Sheets consisted of the following:


	March 30, 2025				December 29, 2024
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
	(In thousands)
Fixed-rate senior notes payable at 3.50%, at Level 2 inputs	$	(900,000)	$	(792,684)	$	(900,000)	$	(777,033)
Fixed-rate senior notes payable at 4.25%, at Level 2 inputs	(848,568)		(804,235)		(850,342)		(789,304)
Fixed-rate senior notes payable at 6.25%, at Level 2 inputs	(972,976)		(1,015,239)		(974,381)		(1,001,178)
Fixed-rate senior notes payable at 6.875%, at Level 2 inputs	(491,560)		(538,600)		(491,329)		(533,650)
Live Oak CHP Project PACE Loan at 5.15%, at Level 3 inputs	(18,478)		(18,935)		(20,599)		(18,569)