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Long-Term Debt (Tables)
 12 Months Ended
Dec. 31, 2023
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
Components of Long-term debt for the fiscal years ended on December 31, 2023 and December 25, 2022 are as follows:
(In millions)20232022
Carrying
Cost		Fair ValueCarrying
Cost		Fair Value
3.90% Notes Due 2029
$900.0 839.8 900.0 808.2 
3.55% Notes Due 2026
675.0 641.0 675.0 635.3 
3.00% Notes Due 2024
500.0 488.4 500.0 482.2 
6.35% Notes Due 2040
500.0 520.1 500.0 498.4 
3.50% Notes Due 2027
500.0 472.2 500.0 465.8 
5.10% Notes Due 2044
300.0 271.6 300.0 261.1 
6.60% Debentures Due 2028
109.9 116.0 109.9 112.1 
Variable % Notes Due December 30, 2024 (1)
— — 310.0 310.0 
Production Financing Facilities (2)
— — 53.2 53.2 
Total long-term debt3,484.9 3,349.1 3,848.1 3,626.3 
Less: Deferred debt expenses19.1 — 23.7 — 
Less: Current portion500.0 — 113.2 — 
Long-term debt$2,965.8 3,349.1 3,711.2 3,626.3 
(1) During the fourth quarter of 2023, the Company paid the remaining principal balance of $250.0 million of the Variable % Notes Due December 30, 2024.
(2) The Company's production financing facilities were assumed by Lionsgate effective upon the closing the sale of the eOne Film and TV business in the fourth quarter of 2023. See note 3 for additional information.
Summary of Contractual Obligation, Fiscal Year Maturity
The Company's long-term borrowings have the following future contractual maturities:
Future long-term borrowings contractual payments(In millions)
2024$500.0 
2025— 
2026675.0 
2027500.0 
2028109.9 
2029 and thereafter
1,700.0 
$3,484.9 
Schedule of Movements in Production Financing and Other Related Loans
The following table represents the movements in production financing loans during 2023:
(In millions)Production Financing
December 25, 2022$195.6 
Drawdowns117.4 
Repayments(206.7)
Removed with sale of eOne film and TV (1)
(105.8)
Foreign exchange differences(0.5)
Balance at December 31, 2023
$— 
(1) See note 3 for additional information on the sale of the eOne Film and TV business.