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Long-Term Debt Long term debt table (Tables)
9 Months Ended
Sep. 24, 2017
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
Long-term debt as of September 24, 2017, December 31, 2016, and September 25, 2016 consisted of the following:
(In thousands)
September 24, 2017
 
December 31, 2016
 
September 25, 2016
 
 
 
 
 
 
Term debt (1)
 
 
 
 
 
April 2017 U.S. term loan averaging 3.38% (due 2017-2024)
$
735,000

 
$

 
$

March 2013 U.S. term loan averaging 3.25% (due 2013-2020)

 
602,850

 
602,850

Notes
 
 
 
 
 
April 2017 U.S. fixed rate notes at 5.375% (due 2027)
500,000

 

 

June 2014 U.S. fixed rate notes at 5.375% (due 2024)
450,000

 
450,000

 
450,000

March 2013 U.S. fixed rate notes at 5.25% (due 2021)

 
500,000

 
500,000

 
1,685,000

 
1,552,850

 
1,552,850

Less current portion

 
(2,775
)
 
(1,200
)
 
1,685,000

 
1,550,075

 
1,551,650

Less debt issuance costs
(25,374
)
 
(15,864
)
 
(16,979
)
 
$
1,659,626

 
$
1,534,211

 
$
1,534,671

(1)
The average interest rate is calculated over the life of the instrument and does not reflect the effect of interest rate swap agreements (see Note 6)