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Long-Term Debt (Tables)
9 Months Ended
Sep. 29, 2019
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
Long-term debt as of September 29, 2019, December 31, 2018, and September 23, 2018 consisted of the following:
(In thousands)
September 29, 2019
 
December 31, 2018
 
September 23, 2018
 
 
 
 
 
 
U.S. term loan averaging 4.16% YTD 2019; 3.83% in 2018; 3.75% YTD 2018 (due 2017-2024) (1)
$
733,125

 
$
735,000

 
$
735,000

Notes
 
 
 
 
 
2024 U.S. fixed rate notes at 5.375%
450,000

 
450,000

 
450,000

2027 U.S. fixed rate notes at 5.375%
500,000

 
500,000

 
500,000

2029 U.S. fixed rate notes at 5.250%
500,000

 

 

 
2,183,125

 
1,685,000

 
1,685,000

Less current portion
(7,500
)
 
(5,625
)
 
(3,750
)
 
2,175,625

 
1,679,375

 
1,681,250

Less debt issuance costs and original issue discount
(26,649
)
 
(21,807
)
 
(22,964
)
 
$
2,148,976

 
$
1,657,568

 
$
1,658,286

(1)
The average interest rates do not reflect the effect of interest rate swap agreements (see Note 8).