Debt - Long-Term Debt (Details) - USD ($) $ in Millions |
Mar. 29, 2025 |
Dec. 28, 2024 |
Jun. 04, 2024 |
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Debt Instrument | |||
Total principal of debt | $ 2,358.8 | $ 2,363.5 | |
Deferred issuance costs | (31.9) | (33.2) | |
Accrued interest | 12.8 | 20.3 | |
Total carrying value of debt | 2,339.7 | 2,350.6 | |
Debt, current portion | 31.6 | 39.1 | |
Debt, less current portion | $ 2,308.1 | $ 2,311.5 | |
Weighted average interest rate (as a percent) | 6.24% | 6.44% | |
Secured debt: | —2024 Dollar Term Loans due June 4, 2031 | |||
Debt Instrument | |||
Total principal of debt | $ 1,296.8 | $ 1,300.0 | |
Deferred issuance costs | $ (9.5) | ||
Secured debt: | —2022 Dollar Term Loans due November 16, 2029 | |||
Debt Instrument | |||
Total principal of debt | $ 562.0 | 563.5 | |
Unsecured debt: | —6.875% Dollar Senior Notes due July 1, 2029 | |||
Debt Instrument | |||
Stated interest rate on debt (as a percent) | 6.875% | ||
Total principal of debt | $ 500.0 | $ 500.0 |
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- Definition Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Weighted average interest rate of debt outstanding. No definition available.
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- Definition Amount, after accumulated amortization, of debt issuance costs. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of interest payable on debt, including, but not limited to, trade payables. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, after deduction of unamortized premium (discount) and debt issuance cost, of long-term debt. Excludes lease obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, after deduction of unamortized premium (discount) and debt issuance cost, of long-term debt classified as current. Excludes lease obligation. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after deduction of unamortized premium (discount) and debt issuance cost, of long-term debt classified as noncurrent. Excludes lease obligation. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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