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LONG-TERM DEBT AND OTHER BORROWING ARRANGEMENTS (Tables)
6 Months Ended
Jun. 24, 2012
Long-Term Debt, Other Disclosures [Abstract]  
Schedule of Long-term Debt Instruments [Table Text Block]

 Long-term debt and other borrowing arrangements consisted of the following components:

     

Maturity

     

June 24, 2012

     

December 25, 2011

(In thousands)

Senior notes, at 77/8%, net of unaccreted discount

2018

$

497,073

$

496,846

U.S. Credit Facility Term B-1note payable at4.75%

2014

275,443

275,443

U.S. Credit Facility Term B-2note payable at9.00%

2014

291,396

299,145

U.S. Credit Facility with one revolving note payable on which the

       Company had funds borrowed at4.22% and6.25%

2014

161,500

347,300

Mexico Credit Facility with notes payable at TIIE Rate plus2.25% or

 

 

       Equilibrium Interbank Interest Rate plus4.5%

2014

 

JBS USA Subordinated Loan Agreement with one term note payable at

 

 

       9.845%

 

2015

 

 

50,000

Other

Various

4,824

4,878

       Long-term debt

1,230,236

1,473,612

 

       Less: Current maturities of long-term debt

(15,617

)

(15,611

)

              Long-term debt, less current maturities

$        

1,214,619

$        

1,458,001