Financing Arrangements (Tables)

9 Months Ended

Sep. 26, 2020

Notes To Financial Statements [Abstract]

Schedule of Long-term Debt Instruments

	Sep 26, 2020		Dec 28, 2019
	(in thousands)
Senior secured revolving credit line	$	854,758	$	1,869,402
Term loan facility	345,312		—
Convertible senior notes	627,006		—
Foreign loans	4,967		3,622
Other debt arrangement	82		116
Total debt	1,832,125		1,873,140
Less:  Current maturities of long-term debt	23,152		2,894
Long-term debt	1,808,973		1,870,246

Carrying Value And Fair Value Of Long Term Debt, Disclosure

The carrying value and estimated aggregate fair value, a level 2 measurement, based primarily on market prices, of debt excluding the Convertible Notes is as follows (in thousands):

	Sep 26, 2020				Dec 28, 2019
	Carrying Value		Fair Value		Carrying Value		Fair Value
Total debt excluding convertible senior notes	$	1,205,119	$	1,205,119	$	1,873,140	$	1,873,140

Convertible Debt

The following table summarizes the outstanding principal amount and carrying value of the Convertible Notes:

	Sep 26, 2020
	(in thousands)
Principal amounts:
Principal	$	747,500
Unamortized debt discount	(120,494)
Net carrying amount	$	627,006

Schedule of Debt Instruments, Interest Expense

The following table summarizes total interest expense recognized related to the Convertible Notes:

	Nine Months Ended
	Sep 26, 2020
Contractual interest expense	$	726
Interest cost related to amortization of the debt discount and issuance costs	2,130
Total interest expense	$	2,856