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Commitments and Contingencies
3 Months Ended
Jun. 24, 2023
Commitments and Contingencies [Abstract]  
Commitments and Contingencies Note 9 – Commitments and Contingencies

Commitments

Commitments Due by Period

Within

2 to

4 to

After

(thousands)

Total

1 Year

3 Years

5 Years

5 Years

Principal payments on long-term debt

$

65,000 

$

65,000 

Finance lease commitments/financing obligations (a)

395,742 

$

53,203 

$

97,552 

86,965 

$

158,022 

Operating lease commitments (a)

261,872 

45,216 

79,985 

60,015 

76,656 

Total

$

722,614 

$

98,419 

$

177,537 

$

211,980 

$

234,678 

(a)Finance and operating lease commitments represent future undiscounted lease payments and include $83.1 million and $53.2 million, respectively, related to options to extend lease terms that are reasonably certain of being exercised.

Contingencies

We are currently a party to various claims and legal proceedings incidental to the conduct of our business. If management believes that a loss arising from any of these matters is probable and can reasonably be estimated, we will record the amount of the loss, or the minimum estimated liability when the loss is estimated using a range, and no point within the range is more probable than another. As additional information becomes available, any potential liability related to these matters is assessed and the estimates are revised, if necessary. Litigation is subject to inherent uncertainties, and unfavorable rulings could occur and may include monetary damages. If an unfavorable ruling were to occur, there exists the possibility of a material adverse impact on the financial position and results of operations of the period in which any such ruling occurs, or in future periods.