Debt and Other Borrowing Arrangements (Tables)

9 Months Ended

Sep. 27, 2026

Schedule of Carrying Values of Long-Term Debt and Other Borrowing Arrangements

The carrying values of our long and short-term debt were as follows:


	September 27, 2026		December 31, 2025

	(In thousands)
Revolving credit agreement due 2030	$	—	$	—

Senior subordinated notes:
3.375% Senior subordinated notes due 2027	—		528,525
3.875% Senior subordinated notes due 2028	398,930		411,075
3.375% Senior subordinated notes due 2031	341,940		352,350
4.250% Senior subordinated notes due 2033	512,910		—
Total senior subordinated notes	1,253,780		1,291,950


Term loan credit facility due 2033:
Current maturities of term loan credit facility	18,500		—
Noncurrent maturities of term loan credit facility	1,831,500		—
Total term loan credit facility	1,850,000		—

Less unamortized debt issuance costs and debt discount	(53,370)		(6,284)
Total debt	3,050,410		1,285,666
Less: Current maturities of long-term debt	(18,500)		—
Long-term debt	$	3,031,910	$	1,285,666

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details