v3.26.1
Debt (Tables)
6 Months Ended
Jun. 27, 2026
Debt Disclosure [Abstract]  
Schedule of Outstanding Debt
The following table summarizes the Company’s outstanding debt as of the dates indicated (in millions):

June 27,
2026
December 27,
2025
June 28,
2025
5.25% Senior Notes
$750.0 $750.0 $750.0 
1.75% Senior Notes
650.0 650.0 650.0 
3.70% Senior Notes (a)
150.0 150.0 150.0 
Senior credit facilities:
Revolving Credit Facility620.0 230.0 140.0 
Total outstanding borrowings2,170.0 1,780.0 1,690.0 
Less: unamortized debt discounts and issuance costs(16.2)(15.0)(16.5)
Total debt2,153.8 1,765.0 1,673.5 
Less: current portion of long-term debt— — — 
Long-term debt$2,153.8 $1,765.0 $1,673.5 
Outstanding letters of credit$38.6 $78.6 $77.0 

(a) Also referred to herein as the “Note Purchase Facility,” referring to the Note Purchase and Private Shelf Agreement dated as of August 14, 2017 by and among the Company, PGIM, Inc. and the noteholders party thereto, as amended through November 2, 2022, under which the notes were purchased.