v3.26.3
Debt
9 Months Ended
Sep. 26, 2026
Debt Disclosure [Abstract]  
Debt Debt
The carrying value of our outstanding debt consists of the following:
September 26, 2026December 27, 2025
Senior secured notes, 4.75% due 2029, net of unamortized deferred financing costs of $17,950 and $23,214, respectively
$1,982,050 $1,976,786 
Term loan credit facility, net of unamortized discount of $9,472 and $10,592, respectively, and unamortized deferred financing costs of $23,660 and $26,459, respectively
568,768 764,849 
ABL revolving credit facility575,470 — 
Revolving trade accounts receivable-backed financing programs290,293 353,100 
Lines of credit and other debt(1)
483,974 104,629 
Total debt3,900,555 3,199,364 
Short-term debt and current maturities of long-term debt(1,047,204)(449,583)
Total long-term debt$2,853,351 $2,749,781 
(1) The increase in borrowings was due to borrowings under an uncommitted facility in the United States.
In February 2026, we voluntarily repaid $200,000 on our Term Loan Credit Facility.
In July 2026, we amended our revolving trade accounts receivable-backed financing program in Europe to extend the maturity date from October 2026 to July 2031.