Darling Ingredients (DAR) 10-Q 7 Aug 24 2024 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information Document - shares	6 Months Ended
	Jun. 29, 2024	Aug. 02, 2024
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 29, 2024
Document Transition Report	false
Entity File Number	001-13323
Entity Registrant Name	DARLING INGREDIENTS INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	36-2495346
Entity Address, Address Line One	5601 N MacArthur Blvd.
Entity Address, City or Town	Irving
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	75038
City Area Code	972
Local Phone Number	717-0300
Title of 12(b) Security	Common stock $0.01 par value per share
Trading Symbol	DAR
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		159,023,946
Entity Central Index Key	0000916540
Current Fiscal Year End Date	--12-28
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q2
Amendment Flag	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 29, 2024	Dec. 30, 2023
Current assets:
Cash and cash equivalents	$ 121,587	$ 126,502
Restricted cash	26,290	292
Inventories	627,692	758,739
Prepaid expenses	88,702	105,657
Income taxes refundable	34,225	23,599
Other current assets	31,936	42,586
Total current assets	1,507,517	1,855,666
Property, plant and equipment, less accumulated depreciation of $2,467,853 at June 29, 2024 and $2,360,342 at December 30, 2023	2,840,682	2,935,185
Intangible assets, less accumulated amortization of $538,205 at June 29, 2024 and $748,646 at December 30, 2023	992,530	1,075,892
Goodwill	2,418,274	2,484,502
Investment in unconsolidated subsidiaries	2,415,502	2,251,629
Operating lease right-of-use assets	210,144	205,539
Other assets	218,810	234,960
Deferred income taxes	17,190	17,711
Total assets	10,620,649	11,061,084
Current liabilities:
Current portion of long-term debt	92,258	60,703
Accounts payable, principally trade	349,522	425,588
Income taxes payable	13,298	15,522
Current operating lease liabilities	57,794	55,325
Accrued expenses	450,185	440,999
Total current liabilities	963,057	998,137
Long-term debt, net of current portion	4,317,129	4,366,370
Long-term operating lease liabilities	156,451	154,903
Other non-current liabilities	240,416	349,809
Deferred income taxes	400,983	498,174
Total liabilities	6,078,036	6,367,393
Commitments and contingencies
Stockholders’ equity:
Common stock, $0.01 par value; 250,000,000 shares authorized; 174,871,971 and 174,427,981 shares issued at June 29, 2024 and December 30, 2023, respectively	1,749	1,744
Additional paid-in capital	1,723,140	1,697,787
Treasury stock, at cost; 15,888,545 and 14,894,192 shares at        June 29, 2024 and December 30, 2023, respectively	(666,545)	(629,008)
Accumulated other comprehensive loss	(490,672)	(198,346)
Retained earnings	3,893,277	3,733,254
Total Darling's stockholders’ equity	4,460,949	4,605,431
Noncontrolling interests	81,664	88,260
Total stockholders' equity	4,542,613	4,693,691
Total liabilities and stockholders' equity	10,620,649	11,061,084
Nonrelated Party
Current assets:
Accounts receivable	567,754	626,008
Related Party
Current assets:
Accounts receivable	$ 9,331	$ 172,283

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 29, 2024	Dec. 30, 2023
Assets:
Accounts Receivable, Allowance for Credit Loss, Current	$ 17,297	$ 15,208
Property, plant and equipment, accumulated depreciation	2,467,853	2,360,342
Intangible assets, accumulated amortization	$ 538,205	$ 748,646
Stockholders’ equity:
Common stock, par value (in usd per share)	$ 0.01	$ 0.01
Common stock, shares authorized	250,000,000	250,000,000
Common stock, shares issued	174,871,971	174,427,981
Treasury stock, shares	15,888,545	14,894,192

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 29, 2024	Jul. 01, 2023	Jun. 29, 2024	Jul. 01, 2023
Income Statement [Abstract]
Net sales	$ 1,455,292	$ 1,757,621	$ 2,875,591	$ 3,548,793
Costs and expenses:
Cost of sales and operating expenses	1,128,421	1,359,702	2,245,087	2,726,675
Loss/(gain) on sale of assets	222	259	(352)	(68)
Selling, general and administrative expenses	129,731	136,751	268,874	272,217
Restructuring and asset impairment charges	0	896	0	5,420
Acquisition and integration costs	1,130	1,706	5,184	8,728
Change in fair value of contingent consideration	(33,122)	(7,499)	(58,371)	(7,499)
Depreciation and amortization	124,605	122,086	252,114	238,092
Total costs and expenses	1,350,987	1,613,901	2,712,536	3,243,565
Equity in net income of Diamond Green Diesel	44,197	212,964	122,616	307,301
Operating income	148,502	356,684	285,671	612,529
Other expense:
Interest expense	(69,225)	(70,193)	(132,101)	(120,492)
Foreign currency gain	413	2,490	649	7,494
Other income/(expense), net	(568)	5,079	8,088	11,238
Total other expense	(69,380)	(62,624)	(123,364)	(101,760)
Equity in net income of other unconsolidated subsidiaries	3,017	1,849	5,327	1,969
Income before income taxes	82,139	295,909	167,634	512,738
Income tax expense	774	40,712	4,681	67,686
Net income	81,365	255,197	162,953	445,052
Net income attributable to noncontrolling interests	(2,499)	(2,814)	(2,930)	(6,868)
Net income attributable to Darling	$ 78,866	$ 252,383	$ 160,023	$ 438,184
Basic income per share (in dollars per share)	$ 0.49	$ 1.58	$ 1	$ 2.74
Diluted income per share (in dollars per share)	$ 0.49	$ 1.55	$ 0.99	$ 2.69

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 29, 2024	Jul. 01, 2023	Jun. 29, 2024	Jul. 01, 2023
Net income	$ 81,365	$ 255,197	$ 162,953	$ 445,052
Other comprehensive income/(loss), net of tax:
Foreign currency translation adjustments	(168,038)	82,592	(232,708)	138,809
Pension adjustments	262	327	524	654
Total other comprehensive income/(loss), net of tax	(192,154)	84,134	(291,102)	168,142
Total comprehensive income/(loss)	(110,789)	339,331	(128,149)	613,194
Comprehensive income attributable to noncontrolling interests	2,553	301	4,154	3,697
Comprehensive income/(loss) attributable to Darling	(113,342)	339,030	(132,303)	609,497
Commodity Contract
Other comprehensive income/(loss), net of tax:
Derivative adjustments	(2,349)	(17,662)	(34,107)	3,462
Interest Rate Swap
Other comprehensive income/(loss), net of tax:
Derivative adjustments	(3,240)	9,606	837	10,326
Foreign Exchange Contract
Other comprehensive income/(loss), net of tax:
Derivative adjustments	$ (18,789)	$ 9,271	$ (25,648)	$ 14,891

Consolidated Statements of Stoc

Consolidated Statements of Stockholders’ Equity - USD ($) $ in Thousands	Total	Commodity Contract	Interest Rate Swap	Foreign Exchange Contract	Stockholders' equity attributable to Darling	Stockholders' equity attributable to Darling Commodity Contract	Stockholders' equity attributable to Darling Interest Rate Swap	Stockholders' equity attributable to Darling Foreign Exchange Contract	Common Stock	Additional Paid-In Capital	Treasury Stock	Accumulated Other Comprehensive Loss	Accumulated Other Comprehensive Loss Commodity Contract	Accumulated Other Comprehensive Loss Interest Rate Swap	Accumulated Other Comprehensive Loss Foreign Exchange Contract	Retained Earnings	Non-controlling Interests
Beginning balance (in shares) at Dec. 31, 2022									159,969,596
Beginning balance at Dec. 31, 2022	$ 3,896,490				$ 3,809,023				$ 1,736	$ 1,660,084	$ (554,451)	$ (383,874)				$ 3,085,528	$ 87,467
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	189,855				185,801											185,801	4,054
Deductions to noncontrolling interests	(3,441)																(3,441)
Addition to noncontrolling interests	1,643																1,643
Pension adjustments, net of tax	327				327							327
Derivative adjustments		$ 21,124	$ 720	$ 5,620		$ 21,124	$ 720	$ 5,620					$ 21,124	$ 720	$ 5,620
Foreign currency translation adjustments	56,217				56,875							56,875					(658)
Issuance of non-vested stock	47				47					47
Stock-based compensation	11,806				11,806					11,806
Treasury stock (in shares)									(1,039,462)
Treasury stock	(60,510)				(60,510)						(60,510)
Issuance of common stock (in shares)									633,972
Issuance of common stock	1,701				1,701				$ 6	1,695
Ending balance (in shares) at Apr. 01, 2023									159,564,106
Ending balance at Apr. 01, 2023	4,121,599				4,032,534				$ 1,742	1,673,632	(614,961)	(299,208)				3,271,329	89,065
Beginning balance (in shares) at Dec. 31, 2022									159,969,596
Beginning balance at Dec. 31, 2022	3,896,490				3,809,023				$ 1,736	1,660,084	(554,451)	(383,874)				3,085,528	87,467
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	445,052
Derivative adjustments		3,462	10,326	14,891
Foreign currency translation adjustments	138,809
Ending balance (in shares) at Jul. 01, 2023									159,489,906
Ending balance at Jul. 01, 2023	4,450,563				4,368,230				$ 1,743	1,680,188	(624,852)	(212,561)				3,523,712	82,333
Beginning balance (in shares) at Apr. 01, 2023									159,564,106
Beginning balance at Apr. 01, 2023	4,121,599				4,032,534				$ 1,742	1,673,632	(614,961)	(299,208)				3,271,329	89,065
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	255,197				252,383											252,383	2,814
Distribution of noncontrolling interest earnings	(9,036)																(9,036)
Addition to noncontrolling interests	2,003																2,003
Pension adjustments, net of tax	327				327							327
Derivative adjustments		(17,662)	9,606	9,271		(17,662)	9,606	9,271					(17,662)	9,606	9,271
Foreign currency translation adjustments	82,592				85,105							85,105					(2,513)
Issuance of non-vested stock	46				46					46
Stock-based compensation	6,186				6,186					6,186
Treasury stock (in shares)									(164,362)
Treasury stock	(9,891)				(9,891)						(9,891)
Issuance of common stock (in shares)									90,162
Issuance of common stock	325				325				$ 1	324
Ending balance (in shares) at Jul. 01, 2023									159,489,906
Ending balance at Jul. 01, 2023	4,450,563				4,368,230				$ 1,743	1,680,188	(624,852)	(212,561)				3,523,712	82,333
Beginning balance (in shares) at Dec. 30, 2023									159,533,789
Beginning balance at Dec. 30, 2023	4,693,691				4,605,431				$ 1,744	1,697,787	(629,008)	(198,346)				3,733,254	88,260
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	81,588				81,157											81,157	431
Pension adjustments, net of tax	262				262							262
Derivative adjustments		(31,758)	4,077	(6,859)		(31,758)	4,077	(6,859)					(31,758)	4,077	(6,859)
Foreign currency translation adjustments	(64,670)				(65,840)							(65,840)					1,170
Issuance of non-vested stock	47				47					47
Stock-based compensation	12,789				12,789					12,789
Treasury stock (in shares)									(179,955)
Treasury stock	(7,908)				(7,908)						(7,908)
Issuance of common stock (in shares)									425,723
Issuance of common stock	1,731				1,731				$ 5	1,726
Ending balance (in shares) at Mar. 30, 2024									159,779,557
Ending balance at Mar. 30, 2024	4,682,990				4,593,129				$ 1,749	1,712,349	(636,916)	(298,464)				3,814,411	89,861
Beginning balance (in shares) at Dec. 30, 2023									159,533,789
Beginning balance at Dec. 30, 2023	4,693,691				4,605,431				$ 1,744	1,697,787	(629,008)	(198,346)				3,733,254	88,260
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	162,953
Derivative adjustments		(34,107)	837	(25,648)
Foreign currency translation adjustments	(232,708)
Ending balance (in shares) at Jun. 29, 2024									158,983,426
Ending balance at Jun. 29, 2024	4,542,613				4,460,949				$ 1,749	1,723,140	(666,545)	(490,672)				3,893,277	81,664
Beginning balance (in shares) at Mar. 30, 2024									159,779,557
Beginning balance at Mar. 30, 2024	4,682,990				4,593,129				$ 1,749	1,712,349	(636,916)	(298,464)				3,814,411	89,861
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	81,365				78,866											78,866	2,499
Distribution of noncontrolling interest earnings	(10,750)																(10,750)
Pension adjustments, net of tax	262				262							262
Derivative adjustments		$ (2,349)	$ (3,240)	$ (18,789)		$ (2,349)	$ (3,240)	$ (18,789)					$ (2,349)	$ (3,240)	$ (18,789)
Foreign currency translation adjustments	(168,038)				(168,092)							(168,092)					54
Issuance of non-vested stock	46				46					46
Stock-based compensation	10,708				10,708					10,708
Treasury stock (in shares)									(814,398)
Treasury stock	(29,629)				(29,629)						(29,629)
Issuance of common stock (in shares)									18,267
Issuance of common stock	37				37				$ 0	37
Ending balance (in shares) at Jun. 29, 2024									158,983,426
Ending balance at Jun. 29, 2024	$ 4,542,613				$ 4,460,949				$ 1,749	$ 1,723,140	$ (666,545)	$ (490,672)				$ 3,893,277	$ 81,664

Consolidated Statements of St_2

Consolidated Statements of Stockholders’ Equity (Parenthetical) - $ / shares	Jun. 29, 2024	Dec. 30, 2023	Jul. 01, 2023
Statement of Stockholders' Equity [Abstract]
Common stock, par value (in usd per share)	$ 0.01	$ 0.01	$ 0.01

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 29, 2024	Jul. 01, 2023
Cash flows from operating activities:
Net income	$ 162,953	$ 445,052
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	252,114	238,092
Gain on sale of assets	(352)	(68)
Change in fair value of contingent consideration	(58,371)	(7,499)
Gain on insurance proceeds from insurance settlements	(5,942)	(13,836)
Deferred taxes	(84,927)	34,202
Increase in long-term pension liability	1,045	480
Stock-based compensation expense	23,590	18,085
Deferred loan cost amortization	2,790	3,138
Equity in net income of Diamond Green Diesel and other unconsolidated subsidiaries	(127,943)	(309,270)
Distributions of earnings from Diamond Green Diesel and other unconsolidated subsidiaries	0	103,794
Changes in operating assets and liabilities, net of effects from acquisitions:
Accounts receivable	212,664	24,397
Income taxes refundable/payable	(12,629)	(24,551)
Inventories and prepaid expenses	123,271	(22,301)
Accounts payable and accrued expenses	(37,879)	(94,080)
Other	(39,958)	10,065
Net cash provided by operating activities	410,426	405,700
Cash flows from investing activities:
Capital expenditures	(191,728)	(234,307)
Acquisitions, net of cash acquired	(116,914)	(1,079,083)
Investment in Diamond Green Diesel	(90,000)	(75,000)
Investment in other unconsolidated subsidiaries	0	(27)
Loan to Diamond Green Diesel	(100,000)	0
Loan repayment from Diamond Green Diesel	100,000	25,000
Gross proceeds from disposal of property, plant and equipment and other assets	5,058	2,733
Proceeds from insurance settlement	5,942	13,836
Payments related to routes and other intangibles	(7)	(1,517)
Net cash used in investing activities	(387,649)	(1,348,365)
Cash flows from financing activities:
Proceeds from long-term debt	3,925	807,956
Payments on long-term debt	(29,875)	(83,616)
Borrowings from revolving credit facility	1,121,915	1,415,916
Payments on revolving credit facility	(1,122,883)	(1,063,516)
Net cash overdraft financing	32,713	16,673
Deferred loan costs	0	(9)
Issuance of common stock	437	0
Repurchase of common stock	(29,192)	(52,941)
Minimum withholding taxes paid on stock awards	(7,209)	(15,558)
Distributions to noncontrolling interests	(2,044)	(4,824)
Net cash provided/(used) in financing activities	(32,213)	1,020,081
Effect of exchange rate changes on cash	10,578	16,535
Net increase in cash, cash equivalents and restricted cash	1,142	93,951
Cash, cash equivalents and restricted cash at beginning of period	264,450	150,168
Cash, cash equivalents and restricted cash at end of period	$ 265,592	$ 244,119

General

General	6 Months Ended
	Jun. 29, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
General	General

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 29, 2024
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies (a) Basis of Presentation The consolidated financial statements include the accounts of Darling and its consolidated subsidiaries. Noncontrolling interests represent the outstanding ownership interest in the Company’s consolidated subsidiaries that are not owned by the Company. In the accompanying Consolidated Statements of Operations, the noncontrolling interest in net income of the consolidated subsidiaries is shown as an allocation of the Company’s net income and is presented separately as “Net income attributable to noncontrolling interests.” In the Company’s Consolidated Balance Sheets, noncontrolling interests represent the ownership interests in the Company’s consolidated subsidiaries' net assets held by parties other than the Company. These ownership interests are presented separately as “Noncontrolling interests” within “Stockholders' Equity.” All intercompany balances and transactions have been eliminated in consolidation. (b) Fiscal Periods The Company has a 52/53 week fiscal year ending on the Saturday nearest December 31. Fiscal periods for the consolidated financial statements included herein are as of June 29, 2024, and include the 13 and 26 weeks ended June 29, 2024, and the 13 and 26 weeks ended July 1, 2023. (c) Cash and Cash Equivalents The Company considers all short-term highly liquid instruments, with an original maturity of three months or less, to be cash equivalents. Cash balances are recorded net of book overdrafts when a bank right-of-offset exists. All other book overdrafts are recorded in accounts payable and the change in the related balance is reflected in operating activities on the Consolidated Statement of Cash Flows. In addition, the Company has bank overdrafts, which are considered a form of short-term financing with changes in the related balance reflected in financing activities in the Consolidated Statement of Cash Flows. Restricted cash shown on the Consolidated Balance Sheet as of June 29, 2024, primarily represents the current portion of acquisition consideration hold-back amounts that are part of the purchase price set aside in escrow in the Company’s name for possible indemnification claims by the Company, which amounts will be paid to the sellers in the future if no claims arise. At December 30, 2023, restricted cash primarily represents amounts set aside as collateral for foreign construction projects and U.S. environmental claims and was insignificant to the Company. Restricted cash included in other long term assets on the Consolidated Balance Sheet as of June 29, 2024 and December 30, 2023, primarily represents the long term acquisition consideration hold-back amounts that are part of the purchase price set aside in escrow in the Company’s name for possible indemnification claims by the Company, which amounts will be paid to the sellers in the future if no claims arise. A reconciliation of cash, cash equivalents, and restricted cash reported within the Consolidated Balance Sheets that sum to the total of the same such amounts shown in the Consolidated Statement of Cash flows is as follows (in thousands): June 29, 2024 December 30, 2023 Cash and cash equivalents $ 121,587 $ 126,502 Restricted cash 26,290 292 Restricted cash included in other long-term assets 117,715 137,656 Total cash, cash equivalents and restricted cash shown in the statement of cash flows $ 265,592 $ 264,450 (d) Accounts Receivable Factoring The Company has entered into agreements with third party banks to factor certain of the Company’s trade receivables in order to enhance working capital by turning trade receivables into cash faster. Under these agreements, the Company sells certain selected customers’ trade receivables to third party banks without recourse for cash less a nominal fee. For the three months ended June 29, 2024 and July 1, 2023, the Company sold approximately $158.2 million and $130.6 million of its trade receivables and incurred approximately $2.3 million and $1.7 million in fees, respectively, which are recorded as interest expense. For the six months ended June 29, 2024 and July 1, 2023, the Company sold approximately $295.6 million and $292.0 million of its trade receivables and incurred approximately $4.5 million and $3.7 million in fees, respectively, which are recorded as interest expense. (e) Revenue Recognition The Company recognizes revenue on sales when control of the promised finished product is transferred to the Company’s customers in an amount that reflects the consideration the Company expects to be entitled to in exchange for the finished product. Service revenues are recognized when the service occurs. Certain customers may be required to prepay prior to shipment in order to maintain payment protection related to certain foreign and domestic sales. These amounts are recorded as unearned revenue in accrued expenses and recognized when control of the promised finished product is transferred to the Company’s customer. See Note 20 (Revenue) to the Company’s Consolidated Financial Statements included herein. (f) Earnings Per Share Basic income per common share is computed by dividing net income attributable to Darling by the weighted average number of common shares including non-vested and restricted shares outstanding during the period. Diluted income per common share is computed by dividing net income attributable to Darling by the weighted average number of common shares outstanding during the period increased by dilutive common equivalent shares determined using the treasury stock method. Net Income per Common Share (in thousands, except per share data) Three Months Ended June 29, 2024 July 1, 2023 Income Shares Per Share Income Shares Per Share Basic: Net Income attributable to Darling $ 78,866 159,815 $ 0.49 $ 252,383 159,810 $ 1.58 Diluted: Effect of dilutive securities: Add: Option shares in the money and dilutive effect of non-vested stock awards 2,881 3,308 Less: Pro forma treasury shares (991) (748) Diluted: Net income attributable to Darling $ 78,866 161,705 $ 0.49 $ 252,383 162,370 $ 1.55 Net Income per Common Share (in thousands, except per share data) Six Months Ended June 29, 2024 July 1, 2023 Income Shares Per Share Income Shares Per Share Basic: Net Income attributable to Darling $ 160,023 159,813 $ 1.00 $ 438,184 159,978 $ 2.74 Diluted: Effect of dilutive securities: Add: Option shares in the money and dilutive effect of non-vested stock awards 2,968 3,363 Less: Pro forma treasury shares (976) (748) Diluted: Net income attributable to Darling $ 160,023 161,805 $ 0.99 $ 438,184 162,593 $ 2.69 For the three months ended June 29, 2024 and July 1, 2023, respectively, no outstanding stock options were excluded from diluted income per common share as the effect would be antidilutive. For the three months ended June 29, 2024 and July 1, 2023, respectively, 763,104 and 478,289 shares of non-vested stock and stock equivalents were excluded from diluted income per common share as the effect was antidilutive. For the six months ended June 29, 2024 and July 1, 2023, respectively, no outstanding stock options were excluded from diluted income per common share as the effect would be antidilutive. For the six months ended June 29, 2024 and July 1, 2023, respectively, 718,563 and 450,248 shares of non-vested stock and stock equivalents were excluded from diluted income per common share as the effect was antidilutive. (g) Out-of-Period Adjustment During the quarter ended March 30, 2024, the Company determined the inventory balance at its recently acquired Gelnex subsidiary was overstated by approximately $25.1 million at December 30, 2023. The overstatement was the result of an error in calculating the elimination of deferred profit in inventory on intercompany product sales from South America. During the first quarter of fiscal 2024, the Company recorded an adjustment to earnings of approximately $17.9 million, net of tax. The Company assessed the impact of this out-of-period adjustment and concluded that it was not material to the financial statements previously issued for any interim or annual period during 2023, and the adjustment during the quarter ended March 30, 2024 is not expected to be material to the annual financial statements for fiscal 2024. The out-of-period adjustment is included in the Food Ingredients segment results. (h) Use of Estimates The preparation of the consolidated financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. If it is at least reasonably possible that the estimate of the effect on the financial statements of a condition, situation, or set of circumstances that exist at the date of the financial statements will change in the near term due to one or more future confirming events, and the effect of the change would be material to the financial statements, the Company will disclose the nature of the uncertainty and include an indication that it is at least reasonably possible that a change in the estimate will occur in the near term. If the estimate involves certain loss contingencies, the disclosure will also include an estimate of the probable loss or range of loss or state that an estimate cannot be made. As a result of the Russia-Ukraine war, the Israeli-Palestinian conflict and the current inflationary environment, we have evaluated the potential impact to the Company’s operations and for any indicators of potential triggering events that could indicate certain of the Company’s assets may be impaired. Through the six months ended June 29, 2024, the Company has not observed any impairments of the Company’s assets or a significant change in their fair value due to the Russia-Ukraine war, the Israeli-Palestinian conflict or inflation.

Investment in Unconsolidated Su

Investment in Unconsolidated Subsidiary	6 Months Ended
	Jun. 29, 2024
Equity Method Investments and Joint Ventures [Abstract]
Investment in Unconsolidated Subsidiary	Investment in Unconsolidated Subsidiaries On January 21, 2011, a wholly-owned subsidiary of Darling entered into a limited liability company agreement with a wholly-owned subsidiary of Valero Energy Corporation (“Valero”) to form Diamond Green Diesel Holdings LLC (“DGD” or the “DGD Joint Venture”). The DGD Joint Venture is owned 50% / 50% with Valero. Selected financial information for the Company’s DGD Joint Venture is as follows: (in thousands) June 30, 2024 December 31, 2023 Assets: Total current assets $ 1,849,534 $ 1,877,430 Property, plant and equipment, net 3,888,370 3,838,800 Other assets 122,629 89,697 Total assets $ 5,860,533 $ 5,805,927 Liabilities and members' equity: Total current portion of long term debt $ 29,251 $ 278,639 Total other current liabilities 404,090 417,918 Total long term debt 722,346 737,097 Total other long term liabilities 17,189 16,996 Total members' equity 4,687,657 4,355,277 Total liabilities and members' equity $ 5,860,533 $ 5,805,927 Three Months Ended Six Months Ended (in thousands) June 30, 2024 June 30, 2023 June 30, 2024 June 30, 2023 Revenues: Operating revenues $ 1,184,076 $ 2,246,111 $ 2,595,191 $ 3,926,161 Expenses: Total costs and expenses less lower of cost or market inventory valuation adjustment and depreciation, amortization and accretion expense 1,014,927 1,751,315 2,174,283 3,172,719 Lower of cost or market (LCM) inventory valuation adjustment 15,866 — 37,504 — Depreciation, amortization and accretion expense 61,910 58,315 127,200 116,922 Total costs and expenses 1,092,703 1,809,630 2,338,987 3,289,641 Operating income 91,373 436,481 256,204 636,520 Other income 6,058 2,121 9,278 4,162 Interest and debt expense, net (9,037) (12,674) (20,279) (26,080) Income before income tax expense 88,394 425,928 $ 245,203 $ 614,602 Income tax benefit — — (29) — Net income $ 88,394 $ 425,928 $ 245,232 $ 614,602 As of June 29, 2024, under the equity method of accounting, the Company has an investment in the DGD Joint Venture of approximately $2,347.2 million on the consolidated balance sheet. The Company has recorded equity in net income from the DGD Joint Venture of approximately $44.2 million and $213.0 million for the three months ended June 29, 2024 and July 1, 2023, respectively. The Company has recorded equity in net income from the DGD Joint Venture of approximately $122.6 million and $307.3 million for the six months ended June 29, 2024 and July 1, 2023, respectively. In December 2019, the blenders tax credit was extended for calendar years 2020, 2021 and 2022. On August 16, 2022, the U.S. government enacted the Inflation Reduction Act ( the “IR Act”). As part of the IR Act, the blender tax credits were extended as is until December 31, 2024. After 2024, the Clean Fuels Production Credit (the “CFPC”) becomes effective from 2025 through 2027. Under the CFPC, on-road transportation fuel receives a base credit of up to $1.00 per gallon of renewable diesel multiplied by the fuel's emission reduction percentage as long as it is produced at a qualifying facility and it meets prevailing wage requirements and apprenticeship requirements. In contrast to the blenders tax credit, the CFPC requires that production must take place in the United States. For the three months ended June 29, 2024 and July 1, 2023, the DGD Joint Venture recorded approximately $308.2 million and $387.5 million of blenders tax credits, respectively. For the six months ended June 29, 2024 and July 1, 2023, the DGD Joint Venture recorded approximately $639.2 million and $633.5 million of blenders tax credits, respectively. The blenders tax credits are recorded as a reduction of cost of sales by the DGD Joint Venture. In the six months ended June 29, 2024 and July 1, 2023, respectively, the Company made $90.0 million and $75.0 million capital contributions to the DGD Joint Venture. In the six months ended June 29, 2024 and July 1, 2023, the Company received zero and $101.4 million in dividend distributions from the DGD Joint Venture, respectively. In July 2024, the Company received approximately $77.1 million as a dividend distribution from the DGD Joint Venture. As of June 29, 2024, the DGD Joint Venture had no borrowings outstanding under their unsecured revolving credit facility. In addition to the DGD Joint Venture, the Company has investments in other unconsolidated subsidiaries that are insignificant to the Company.

Acquisitions

Acquisitions	6 Months Ended
	Jun. 29, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
Acquisitions	Acquisitions Miropasz Group On January 31, 2024, a wholly-owned international subsidiary of the Company acquired all of the shares of the Miropasz Group (the “Miropasz Acquisition”), a rendering company in Poland that is now in our Feed Ingredients segment, for a cash purchase price of approximately €105.6 million (approximately $114.3 million USD at the exchange rate of €1.0:USD$1.082198 on the closing date). In addition, the Company incurred a liability of approximately €7.0 million (approximately $7.6 million USD at the exchange rate on the closing date) for acquisition consideration hold-back amount that is part of the purchase price set aside in escrow in the Company’s name for possible indemnification claims by the Company, which amounts will be paid to the sellers in the future if no claims arise. The hold-back amount represents a noncash investing activity during the period of acquisition. The Company recorded assets and liabilities on a preliminary basis consisting of property, plant and equipment of approximately $21.2 million, identifiable intangibles which includes routes and immaterial land use rights of approximately $34.9 million with a weighted average life of 17 years, other net assets of approximately $2.9 million which includes cash, working capital and net debt, and goodwill of approximately $62.9 million. Due to the complexity of acquiring foreign entities, the Company is still in the process of reviewing the provisional amounts recorded for property, plant and equipment, intangible assets and taxes, and thus the final determination of the value of assets acquired and liabilities assumed may result in retrospective adjustment to property, plant and equipment, intangible assets and taxes with a corresponding adjustment to goodwill. Goodwill is expected to strengthen the Company’s base Feed Ingredients business and is nondeductible for tax purposes. Gelnex On March 31, 2023, the Company acquired all of the shares of Gelnex, a leading global producer of collagen products (the “Gelnex Acquisition”). The Gelnex Acquisition includes a network of five processing facilities in South America and one in the United States. The initial purchase price of approximately $1.2 billion was comprised of an initial cash payment of approximately $1.1 billion, which consisted of a payment of approximately R$4.3 billion Brazilian real (approximately $853.3 million USD at the exchange rate of R$5.08:USD$1.00 on the closing date) and a payment of approximately $243.5 million in USD, and is subject to various post-closing adjustments in accordance with the stock purchase agreement. In addition, the Company incurred a liability of approximately $104.1 million for acquisition consideration hold-back amounts that are part of the purchase price set aside in escrow in the Company’s name for possible indemnification claims by the Company, which amounts will be paid to the sellers in the future if no claims arise. The hold-back amount represents a noncash investing activity during the period of acquisition. The Gelnex Acquisition gives us immediate capacity to serve the growing needs of our collagen customers and the growing gelatin market. The initial purchase price was financed by borrowing all of the Company’s term A-3 facility of $300.0 million and term A-4 facility of $500.0 million, with the remainder coming through revolver borrowings under the Company’s Amended Credit Agreement. During the third quarter of fiscal 2023, the Company made a cash payment for working capital purchase price adjustment per the stock purchase agreement of approximately $14.1 million with an offset to goodwill. The Company obtained new information about facts and circumstances that existed at the acquisition date during the first quarter of fiscal 2024 that resulted in measurement period adjustments to increase property, plant and equipment by approximately $13.7 million, decrease intangible assets by approximately $9.5 million, decrease goodwill by approximately $9.1 million, increase deferred tax liabilities by approximately $5.1 million, increase deferred tax assets by approximately $8.1 million and a decrease in other assets and liabilities of approximately $0.1 million. The following table summarizes the final fair value of the assets acquired and the liabilities assumed in the Gelnex Acquisition as of March 31, 2023 (in thousands): Accounts receivable $ 81,025 Inventories 140,865 Other current assets 3,143 Property, plant and equipment 169,205 Identifiable intangible assets 339,500 Goodwill 542,572 Operating lease right-of-use assets 134 Other assets 2,703 Deferred tax asset 9,067 Accounts payable (15,059) Current operating lease liabilities (26) Current portion of long-term debt (44,692) Accrued expenses (18,826) Long-term debt, net of current portion (1,407) Long-term operating lease liabilities (123) Deferred tax liability (12,870) Other noncurrent liabilities (19) Purchase price, net of cash acquired $ 1,195,192 Less hold-back 104,145 Cash paid for acquisition, net of cash acquired $ 1,091,047 The $542.6 million of goodwill from the Gelnex Acquisition, which is expected to strengthen the Company’s gelatin business and expand its ability to service increased demand of its collagen customer base, is assigned to the Food Ingredients segment. Of the goodwill booked in the Gelnex Acquisition approximately $425.0 million is expected to be deductible for tax purposes. The identifiable intangible assets include $331.0 million in customer relationships with a weighted average life of 11.4 years and $8.5 million in trade name with a life of 5 years for a total weighted average life of approximately 11.3 years. The amount of net sales and net income (loss) from the Gelnex Acquisition included in the Company’s consolidated statement of operations for the three and six months ended June 29, 2024 was $68.9 million and $(15.7) million, and $134.8 million and $(51.8) million, respectively. As a result of the Gelnex Acquisition, effective March 31, 2023, the Company began including the operations of the Gelnex Acquisition in the Company’s consolidated financial statements. The following table presents selected pro forma information, for comparative purposes, assuming the Gelnex Acquisition had occurred on January 1, 2023, for the periods presented (in thousands): Six Months Ended July 1, 2023 Net sales $ 3,647,060 Net income 447,831 FASA Group On August 1, 2022, the Company acquired all of the shares of the FASA Group, the largest independent rendering company in Brazil, pursuant to a stock purchase agreement dated May 5, 2022 (the “FASA Acquisition”). The FASA Group, with its 14 rendering plants and an additional two plants under construction at the time of acquisition, will supplement the Company’s global supply of waste fats, making it a leader in the supply of low-carbon waste fats and oils. The Company initially paid approximately R$2.9 billion Brazilian real in cash (approximately $562.6 million USD at the exchange rate of R$5.16:USD$1.00 on the closing date) for all the shares of the FASA Group, subject to certain post-closing adjustments and a contingent payment based on future earnings growth in accordance with the terms set forth in the stock purchase agreement. Under the stock purchase agreement, such contingent payment could range from R$0 to a maximum of R$1.0 billion if future earnings growth reaches certain levels over a three-year period. The Company completed an analysis as of the acquisition date for this contingency and recorded a liability of approximately R$428.2 million (approximately $83.0 million USD at the exchange rate in effect on the closing date of the acquisition) representing the present value of the contingency utilizing assistance from external valuation experts and the use of a Monte Carlo model representing the probability weighted present value of the expected payment to be made under the agreement using the income approach. The Company analyzes the contingent consideration liability using a Monte Carlo model each quarter and any change in fair value is recorded through operating income as changes in fair value of contingent consideration. The hold-back and contingent consideration amounts represent noncash investing activities during the period of acquisition. The Company initially financed the FASA Acquisition by borrowing approximately $515.0 million of revolver borrowings under the Company’s Amended Credit Agreement, with the remainder coming from cash on hand. During the fourth quarter of fiscal 2022, the Company made a cash payment for working capital purchase price adjustment per the stock purchase agreement of approximately $7.1 million with an offset to goodwill. The following table summarizes the final fair value of the assets acquired and the liabilities assumed in the FASA Acquisition as of August 1, 2022 (in thousands): Accounts receivable $ 76,640 Inventories 43,058 Other current assets 33,327 Property, plant and equipment 224,384 Identifiable intangible assets 119,477 Goodwill 301,937 Operating lease right-of-use assets 583 Other assets 62,388 Deferred tax asset 2,315 Accounts payable (15,920) Current portion of long-term debt (18,680) Accrued expenses (38,708) Long-term debt, net of current portion (41,926) Long-term operating lease liabilities (583) Deferred tax liability (95,653) Other noncurrent liabilities (503) Non-controlling interests (21,704) Purchase price, net of cash acquired $ 630,432 Less hold-back 21,705 Less contingent consideration 82,984 Cash paid for acquisition, net of cash acquired $ 525,743 The $301.9 million of goodwill from the FASA Acquisition, which is expected to strengthen the Company’s base business and expand its ability to provide additional low carbon intensity feedstocks to fuel the growing demand for renewable diesel, was assigned to the Feed Ingredients segment and is nondeductible for tax purposes. The identifiable intangible assets include $108.6 million in routes with a weighted average life of 12 years and $10.9 million in trade name with a life of 5 years for a total weighted average life of approximately 11.4 years. The Company completed other immaterial acquisitions in the first six months of fiscal 2024 and fiscal 2023. The Company notes that pro forma results of operations discussed above does not include the Miropasz Acquisition or other acquisitions individually or in the aggregate as those acquisitions are not deemed material to net sales, total assets and net income of the Company for any period presented. The Company incurred acquisition and integration costs of approximately $1.1 million and $1.7 million for the three months ended June 29, 2024 and July 1, 2023, respectively. The Company incurred acquisition and integration costs of approximately $5.2 million and $8.7 million for the six months ended June 29, 2024 and July 1, 2023, respectively.

Inventories

Inventories	6 Months Ended
	Jun. 29, 2024
Inventory Disclosure [Abstract]
Inventories	Inventories A summary of inventories follows (in thousands): June 29, 2024 December 30, 2023 Finished product $ 371,698 $ 448,245 Work in process 96,202 110,299 Raw material 44,144 68,188 Supplies and other 115,648 132,007 $ 627,692 $ 758,739

Intangible Assets

Intangible Assets	6 Months Ended
	Jun. 29, 2024
Intangible Asset Disclosure Text Block [Abstract]
Intangible Assets	Intangible Assets The gross carrying amount of intangible assets not subject to amortization and intangible assets subject to amortization is as follows (in thousands): June 29, 2024 December 30, 2023 Indefinite Lived Intangible Assets: Trade names $ 51,721 $ 52,507 51,721 52,507 Finite Lived Intangible Assets: Routes 741,608 746,868 Customer relationships 305,897 359,111 Permits 324,808 559,483 Non-compete agreements 295 395 Trade names 83,908 85,561 Royalty, consulting, land use rights and leasehold 22,498 20,613 1,479,014 1,772,031 Accumulated Amortization: Routes (242,991) (241,960) Customer relationships (35,080) (29,270) Permits (185,634) (407,713) Non-compete agreements (262) (345) Trade names (68,176) (63,660) Royalty, consulting, land use rights and leasehold (6,062) (5,698) (538,205) (748,646) Total Intangible assets, less accumulated amortization $ 992,530 $ 1,075,892 Gross intangible assets changed due to net acquisition and retirement activity in the first six months of fiscal 2024 by approximately $28.2 million and $246.0 million, respectively, and the remaining change is due to foreign currency translation impact. Amortization expense for the three months ended June 29, 2024 and July 1, 2023, was approximately $28.4 million and $33.3 million, respectively, and for the six months ended June 29, 2024 and July 1, 2023 was approximately $56.4 million and $59.5 million, respectively.

Goodwill

Goodwill	6 Months Ended
	Jun. 29, 2024
Intangible Asset Disclosure Text Block [Abstract]
Goodwill	Goodwill Changes in the carrying amount of goodwill (in thousands): Feed Ingredients Food Ingredients Fuel Ingredients Total Balance at December 30, 2023 Goodwill $ 1,487,236 $ 900,707 $ 147,223 $ 2,535,166 Accumulated impairment losses (15,914) (3,170) (31,580) (50,664) 1,471,322 897,537 115,643 2,484,502 Goodwill acquired during year 62,907 — 5,129 68,036 Measurement period adjustments — (9,147) — (9,147) Foreign currency translation (53,109) (67,923) (4,085) (125,117) Balance at June 29, 2024 Goodwill 1,497,034 823,637 148,267 2,468,938 Accumulated impairment losses (15,914) (3,170) (31,580) (50,664) $ 1,481,120 $ 820,467 $ 116,687 $ 2,418,274

Accrued Expense Accrued Expense

Accrued Expense Accrued Expenses	6 Months Ended
	Jun. 29, 2024
Payables and Accruals [Abstract]
Accrued Expenses	Accrued Expenses Accrued expenses consist of the following (in thousands): June 29, 2024 December 30, 2023 Compensation and benefits $ 128,674 $ 156,357 Accrued operating expenses 76,049 86,278 Other accrued expense 245,462 198,364 $ 450,185 $ 440,999

Debt

Debt	6 Months Ended
	Jun. 29, 2024
Debt Disclosure [Abstract]
Debt	Debt Debt consists of the following (in thousands): June 29, 2024 December 30, 2023 Amended Credit Agreement: Revolving Credit Facility ($107.1 million and $82.9 million denominated in € at June 29, 2024 and December 30, 2023, respectively) $ 607,110 $ 610,875 Term A-1 facility 398,000 400,000 Less unamortized deferred loan costs (456) (546) Carrying value Term A-1 facility 397,544 399,454 Term A-2 facility 475,000 481,250 Less unamortized deferred loan costs (640) (771) Carrying value Term A-2 facility 474,360 480,479 Term A-3 facility 298,500 300,000 Less unamortized deferred loan costs (697) (832) Carrying value Term A-3 facility 297,803 299,168 Term A-4 facility 484,375 490,625 Less unamortized deferred loan costs (834) (1,002) Carrying value Term A-4 facility 483,541 489,623 6% Senior Notes due 2030 with effective interest of 6.12% 1,000,000 1,000,000 Less unamortized deferred loan costs net of bond premium (6,030) (6,441) Carrying value 6% Senior Notes due 2030 993,970 993,559 5.25% Senior Notes due 2027 with effective interest of 5.47% 500,000 500,000 Less unamortized deferred loan costs (2,792) (3,249) Carrying value 5.25% Senior Notes due 2027 497,208 496,751 3.625% Senior Notes due 2026 - Denominated in euro with effective interest of 3.83% 551,617 569,075 Less unamortized deferred loan costs - Denominated in euro (2,136) (2,763) Carrying value 3.625% Senior Notes due 2026 549,481 566,312 Other Notes and Obligations 108,370 90,852 4,409,387 4,427,073 Less Current Maturities 92,258 60,703 $ 4,317,129 $ 4,366,370 As of June 29, 2024, the Company had outstanding debt under the revolving credit facility denominated in euros of €100.0 million and outstanding debt under the Company’s 3.625% Senior Notes due 2026 denominated in euros of €515.0 million. In addition, at June 29, 2024, the Company had finance lease obligations denominated in euros of approximately €7.2 million. As of June 29, 2024, the Company had other notes and obligations of $108.4 million that consist of various overdraft facilities of approximately $47.3 million, Brazilian notes of approximately $30.5 million, a China working capital line of credit of approximately $2.0 million and other debt of approximately $28.6 million, including U.S. finance lease obligations of approximately $3.9 million. On January 6, 2014, Darling, Darling International Canada Inc. (“Darling Canada”) and Darling International NL Holdings B.V. (“Darling NL”) entered into a Second Amended and Restated Credit Agreement (as subsequently amended, the “Amended Credit Agreement”), restating its then existing Amended and Restated Credit Agreement dated September 27, 2013, with the lenders from time to time party thereto, JPMorgan Chase Bank, N.A., as Administrative Agent, and the other agents from time to time party thereto. The interest rate applicable to any borrowings under the revolving credit facility equals the adjusted term secured overnight financing rate (SOFR) for U.S. dollar borrowings or the adjusted euro interbank rate (EURIBOR) for euro borrowings or the adjusted daily simple Sterling overnight index average (SONIA) for British pound borrowings plus 1.50% per annum or base rate or the adjusted term SOFR for U.S. dollar borrowings or Canadian prime rate for Canadian dollar borrowings or the adjusted daily simple European short term rate (ESTR) for euro borrowings or the adjusted daily SONIA rate for British pound borrowings plus 0.50% per annum subject to certain step-ups or step-downs based on the Company’s total leverage ratio. The interest rate applicable to any borrowing under the term A-1 facility and term A-3 facility equals the adjusted term SOFR plus 1.625% per annum subject to certain step-ups and step-downs based on the Company’s total leverage ratio. The interest rate applicable to any borrowing under the term A-2 facility and term A-4 facility equals the adjusted term SOFR plus 1.50% per annum subject to certain step-ups or step-downs based on the Company’s total leverage ratio. As of June 29, 2024, the Company had (i) $5.0 million outstanding under the revolver at base rate plus a margin of 0.50% per annum for a total of 9.0%, (ii) $495.0 million outstanding under the revolver at SOFR plus a margin of 1.50% per annum for a total of 6.94272% per annum, (iii) $398.0 million outstanding under the term A-1 facility at SOFR plus a margin of 1.625% per annum for a total of 7.06893% per annum, (iv) $475.0 million outstanding under the term A-2 facility at SOFR plus a margin of 1.50% per annum for a total of 6.94393% per annum, (v) $298.5 million outstanding under the term A-3 facility at SOFR plus a margin 1.625% per annum for a total of 7.06893% per annum, (vi) $484.4 million outstanding under the term A-4 facility at SOFR plus a margin 1.50% per annum for a total of 6.94393% per annum, and (vii) €100.0 million outstanding under the revolving credit facility at EURIBOR plus a margin of 1.50% per annum for a total of 5.14365% per annum. As of June 29, 2024, the Company had revolving credit facility availability of $814.4 million, under the Amended Credit Agreement taking into account amounts borrowed, ancillary facilities of $77.5 million and letters of credit issued of $1.0 million. The Company also had foreign bank guarantees of approximately $11.3 million and U.S. bank guarantees of approximately $8.9 million that are not part of the Company’s Amended Credit Agreement at June 29, 2024. As of June 29, 2024, the Company believes it is in compliance with all of the financial covenants under the Amended Credit Agreement, as well as all of the other covenants contained in the Amended Credit Agreement, the 6% Senior Notes due 2030, the 5.25% Senior Notes due 2027 and the 3.625% Senior Notes due 2026.

Other Noncurrent Liabilities

Other Noncurrent Liabilities	6 Months Ended
	Jun. 29, 2024
Other Liabilities Disclosure [Abstract]
Other Noncurrent Liabilities	Other Noncurrent Liabilities Other noncurrent liabilities consist of the following (in thousands): June 29, 2024 December 30, 2023 Accrued pension liability $ 20,541 $ 20,721 Reserve for self-insurance, litigation, environmental and tax matters 75,000 100,354 Long-term acquisition hold-backs 119,794 137,913 Long-term contingent consideration 20,924 86,495 Other 4,157 4,326 $ 240,416 $ 349,809

Income Taxes

Income Taxes	6 Months Ended
	Jun. 29, 2024
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company has provided income taxes for the three and six month periods ended June 29, 2024 and July 1, 2023, based on its estimate of the effective tax rate for the entire 2024 and 2023 fiscal years. The Company’s estimated annual effective tax rate is based on forecasts of income by jurisdiction, permanent differences between book and tax income, the relative proportion of income and losses by jurisdiction, and statutory income tax rates. Discrete events such as the assessment of the ultimate outcome of tax audits, audit settlements, recognizing previously unrecognized tax benefits due to the lapsing of statutes of limitation, recognizing or derecognizing deferred tax assets due to projections of income or loss and changes in tax laws are recognized in the period in which they occur. Unrecognized tax benefits represent the difference between tax positions taken or expected to be taken in a tax return and the benefits recognized for financial statement purposes. As of June 29, 2024 and July 1, 2023, the Company had $13.6 million and $19.1 million, respectively of gross unrecognized tax benefits and $1.7 million and $1.3 million, respectively of related accrued interest and penalties. The Company’s gross unrecognized tax benefits are not expected to decrease significantly within the next twelve months. On August 16, 2022, the U.S. government enacted the IR Act that includes tax incentives for energy and climate initiatives, among other provisions. The blenders tax credit, which are refundable excise tax credits, have been extended through December 31, 2024. After 2024, the CFPC, a transferable income tax credit, becomes effective from 2025 through 2027. We are assessing these tax incentives, which could materially change our pre-tax or after-tax amounts and impact our tax rate in future years. We will continue to evaluate the applicability and effect of the IR Act as more guidance is issued. The Company’s major taxing jurisdictions include the United States (federal and state), Canada, the Netherlands, Belgium, Brazil, Germany, France and China. The Company is subject to regular examination by various tax authorities and although the final outcome of these examinations is not yet determinable, the Company does not anticipate that any of the examinations will have a significant impact on the Company’s results of operations or financial position.

Other Comprehensive Income

Other Comprehensive Income	6 Months Ended
	Jun. 29, 2024
Equity [Abstract]
Other Comprehensive Income	Other Comprehensive Income/(Loss) The components of other comprehensive income/(loss) and the related tax impacts for the three and six months ended June 29, 2024 and July 1, 2023 are as follows (in thousands): Three Months Ended Before-Tax Tax (Expense) Net-of-Tax Amount or Benefit Amount June 29, 2024 July 1, 2023 June 29, 2024 July 1, 2023 June 29, 2024 July 1, 2023 Defined benefit pension plans Amortization of prior service (cost)/benefit $ (6) $ — $ 2 $ — $ (4) $ — Amortization of actuarial loss 349 434 (83) (107) 266 327 Total defined benefit pension plans 343 434 (81) (107) 262 327 Soybean meal option derivatives Reclassified to earnings — (166) — 42 — (124) Activity recognized in other comprehensive income/(loss) — (163) — 41 — (122) Total soybean meal option derivatives — (329) — 83 — (246) Corn option derivatives Reclassified to earnings — (653) — 165 — (488) Activity recognized in other comprehensive income/(loss) 1,404 597 (341) (150) 1,063 447 Total corn option derivatives 1,404 (56) (341) 15 1,063 (41) Heating oil derivatives at DGD (Note 15) Activity recognized in other comprehensive income/(loss) (4,507) (23,292) 1,095 5,917 (3,412) (17,375) Total heating oil derivatives (4,507) (23,292) 1,095 5,917 (3,412) (17,375) Interest swap derivatives Reclassified to earnings (9,305) (990) 2,261 251 (7,044) (739) Activity recognized in other comprehensive income/(loss) 5,026 13,867 (1,222) (3,522) 3,804 10,345 Total interest swap derivatives (4,279) 12,877 1,039 (3,271) (3,240) 9,606 Foreign exchange derivatives Reclassified to earnings (1,399) (7,459) 462 2,539 (937) (4,920) Activity recognized in other comprehensive income/(loss) (27,004) 21,515 9,152 (7,324) (17,852) 14,191 Total foreign exchange derivatives (28,403) 14,056 9,614 (4,785) (18,789) 9,271 Foreign currency translation (168,285) 82,696 247 (104) (168,038) 82,592 Other comprehensive income/(loss) $ (203,727) $ 86,386 $ 11,573 $ (2,252) $ (192,154) $ 84,134 Six Months Ended Before-Tax Tax (Expense) Net-of-Tax Amount or Benefit Amount June 29, 2024 July 1, 2023 June 29, 2024 July 1, 2023 June 29, 2024 July 1, 2023 Defined benefit pension plans Amortization of prior service (cost)/benefit $ (12) $ — $ 5 $ — $ (7) $ — Amortization of actuarial loss 698 868 (167) (214) 531 654 Total defined benefit pension plans 686 868 (162) (214) 524 654 Soybean meal option derivatives Reclassified to earnings (33) (504) 8 128 (25) (376) Activity recognized in other comprehensive income/(loss) — (87) — 22 — (65) Total soybean meal option derivatives (33) (591) 8 150 (25) (441) Corn option derivatives Reclassified to earnings — (1,537) — 390 — (1,147) Activity recognized in other comprehensive income/(loss) 1,404 1,627 (341) (412) 1,063 1,215 Total corn option derivatives 1,404 90 (341) (22) 1,063 68 Heating oil derivatives at DGD (Note 15) Activity recognized in other comprehensive income/(loss) (46,426) 5,140 11,281 (1,305) (35,145) 3,835 Total heating oil derivatives (46,426) 5,140 11,281 (1,305) (35,145) 3,835 Interest swap derivatives Reclassified to earnings (26,785) 866 6,509 (220) (20,276) 646 Activity recognized in other comprehensive income/(loss) 27,891 12,976 (6,778) (3,296) 21,113 9,680 Total interest swap derivatives 1,106 13,842 (269) (3,516) 837 10,326 Foreign exchange derivatives Reclassified to earnings (7,395) (12,273) 2,508 4,176 (4,887) (8,097) Activity recognized in other comprehensive income/(loss) (31,419) 34,844 10,658 (11,856) (20,761) 22,988 Total foreign exchange derivatives (38,814) 22,571 13,166 (7,680) (25,648) 14,891 Foreign currency translation (233,628) 139,555 920 (746) (232,708) 138,809 Other comprehensive income/(loss) $ (315,705) $ 181,475 $ 24,603 $ (13,333) $ (291,102) $ 168,142 The following table presents the amounts reclassified out of each component of other comprehensive income/(loss), net of tax for the three and six months ended June 29, 2024 and July 1, 2023 as follows (in thousands): Three Months Ended Six Months Ended June 29, 2024 July 1, 2023 June 29, 2024 July 1, 2023 Statement of Operations Classification Derivative instruments Soybean meal option derivatives $ — $ 166 $ 33 $ 504 Net sales Foreign exchange contracts 1,399 7,459 7,395 12,273 Net sales Corn option derivatives — 653 — 1,537 Cost of sales and operating expenses Interest swaps 9,305 990 26,785 (866) Foreign currency gain/(loss) and interest expense 10,704 9,268 34,213 13,448 Total before tax (2,723) (2,997) (9,025) (4,474) Income taxes 7,981 6,271 25,188 8,974 Net of tax Defined benefit pension plans Amortization of prior service cost $ 6 $ — $ 12 $ — (a) Amortization of actuarial loss (349) (434) (698) (868) (a) (343) (434) (686) (868) Total before tax 81 107 162 214 Income taxes (262) (327) (524) (654) Net of tax Total reclassifications $ 7,719 $ 5,944 $ 24,664 $ 8,320 Net of tax (a) These items are included in the computation of net periodic pension cost. See Note 14 (Employee Benefit Plans) to the Company’s Consolidated Financial Statement included herein for additional information. The following table presents changes in each component of accumulated other comprehensive income/(loss) as of June 29, 2024 as follows (in thousands): Six Months Ended June 29, 2024 Foreign Defined Currency Derivative Benefit Translation Instruments Pension Plans Total Accumulated Other Comprehensive income/ (loss) December 30, 2023, attributable to Darling, net of tax $ (231,678) $ 47,730 $ (14,398) $ (198,346) Other comprehensive income/ (loss) before reclassifications (232,708) (33,730) — (266,438) Amounts reclassified from accumulated other comprehensive income/ (loss) — (25,188) 524 (24,664) Net current-period other comprehensive income/ (loss) (232,708) (58,918) 524 (291,102) Noncontrolling interest 1,224 — — 1,224 Accumulated Other Comprehensive income/ (loss) June 29, 2024, attributable to Darling, net of tax $ (465,610) $ (11,188) $ (13,874) $ (490,672)

Stockholders' Equity

Stockholders' Equity	6 Months Ended
	Jun. 29, 2024
Equity [Abstract]
Stockholders' Equity	Stockholders' Equity Fiscal 2024 Long-Term Incentive Opportunity Awards (2024 LTIP) . On December 15, 2023, the Compensation Committee (the “Committee”) of the Company’s Board of Directors adopted the 2024 LTIP pursuant to which on January 3, 2024 the Company awarded certain of the Company’s key employees, 162,913 restricted stock units and 244,376 performance share units (the “PSUs”) under the Company’s 2017 Omnibus Incentive Plan. The restricted stock units vest 33.33% on the first, second and third anniversaries of the grant date. The PSUs are tied to a three-year forward-looking performance period and will be earned based on the Company’s average return on gross investment (“ROGI”), as calculated in accordance with the terms of the award agreement, relative to the average ROGI of the Company’s performance peer group companies, with the earned award to be determined in the first quarter of fiscal 2027, after the final results for the relevant performance period are determined. The PSUs were granted at a target of 100%, but each PSU will reduce or increase (up to 225%) depending on the Company’s ROGI relative to that of the performance peer group companies and is also subject to the application of a total shareholder return (“TSR”) cap/ collar modifier depending on the Company’s TSR during the performance period relative to that of the performance peer group companies.

Employee Benefit Plans

Employee Benefit Plans	6 Months Ended
	Jun. 29, 2024
Retirement Benefits [Abstract]
Employee Benefit Plans	Employee Benefit Plans Net pension cost for the three and six months ended June 29, 2024 and July 1, 2023 includes the following components (in thousands): Pension Benefits Pension Benefits Three Months Ended Six Months Ended June 29, July 1, June 29, July 1, Service cost $ 783 $ 683 $ 1,574 $ 1,358 Interest cost 1,906 1,961 3,817 3,917 Expected return on plan assets (1,806) (1,805) (3,616) (3,608) Amortization of prior service cost (6) — (12) — Amortization of actuarial loss 349 434 698 868 Net pension cost $ 1,226 $ 1,273 $ 2,461 $ 2,535 Based on annual actuarial estimates, at June 29, 2024 the Company expects to contribute approximately $4.2 million to its pension plans to meet funding requirements during the next twelve months. Additionally, the Company has made tax deductible discretionary and required contributions to its pension plans for the six months ended June 29, 2024 and July 1, 2023 of approximately $1.2 million and $1.6 million, respectively. The Company participates in various multiemployer pension plans which provide defined benefits to certain employees covered by labor contracts. These plans are not administered by the Company and contributions are determined in accordance with provisions of negotiated labor contracts to meet their pension benefit obligations to their participants. The Company’s contributions to each multiemployer plan represent less than 5% of the total contributions to each plan. Based on the most currently available information, the Company has determined that, if a withdrawal were to occur, withdrawal liabilities on two of the plans in which the Company currently participates could be material to the Company. With respect to the other multiemployer pension plans in which the Company participates and which are not individually significant, five plans have certified as critical or red zone as defined by the Pension Protection Act of 2006. The Company currently has withdrawal liabilities recorded on four U.S. multiemployer plans in which it participated. As of June 29, 2024, the Company has an aggregate accrued liability of approximately $4.5 million representing the present value of scheduled withdrawal liability payments on the multiemployer plans that have given notice of withdrawal. While the Company has no ability to calculate a possible current liability for under-funded multiemployer plans that could terminate or could require additional funding under the Pension Protection Act of 2006, the amounts could be material.

Derivatives

Derivatives	6 Months Ended
	Jun. 29, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives	Derivatives The Company’s operations are exposed to market risks relating to commodity prices that affect the Company’s cost of raw materials, finished product prices, energy costs and the risk of changes in interest rates and foreign currency exchange rates. The Company makes limited use of derivative instruments to manage cash flow risks related to interest rates, natural gas usage, diesel fuel usage, inventory, forecasted sales and foreign currency exchange rates. The Company does not use derivative instruments for trading purposes. Interest rate swaps are entered into with the intent of managing overall borrowing costs by reducing the potential impact of increases in interest rates on floating-rate long-term debt. Natural gas swaps and options are entered into with the intent of managing the overall cost of natural gas usage by reducing the potential impact of seasonal weather demands on natural gas that increases natural gas prices. Heating oil swaps and options are entered into with the intent of managing the overall cost of diesel fuel usage by reducing the potential impact of seasonal weather demands on diesel fuel that increases diesel fuel prices. Soybean meal forwards and options are entered into with the intent of managing the impact of changing prices for poultry meal sales. Corn options and future contracts are entered into with the intent of managing U.S. forecasted sales of bakery by-products (“BBP”) by reducing the impact of changing prices. Foreign currency forward and option contracts are entered into to mitigate the foreign exchange rate risk for transactions designated in a currency other than the local functional currency. At June 29, 2024, the Company had corn option contracts, foreign exchange forward contracts and interest rate swaps outstanding that qualified and were designated for hedge accounting as well as corn forward contracts and foreign currency forward contracts that did not qualify and were not designated for hedge accounting. In fiscal 2024 and 2023, the Company’s DGD Joint Venture entered into heating oil derivatives that were deemed to be cash flow hedges. As a result, the Company has accrued the other comprehensive income/(loss) portion belonging to Darling with an offset to the investment in DGD as required by FASB ASC Topic 323. Cash Flow Hedges In the first quarter of fiscal 2023, the Company entered into interest rate swaps that are designated as cash flow hedges. The notional amount of these swaps totaled $900.0 million. Under the contracts, the Company is obligated to pay a weighted average rate of 4.007% while receiving the 1-month SOFR rate. Under the terms of the interest rate swaps, the Company hedged a portion of its variable rate debt into the first quarter of 2026. At June 29, 2024 and December 30, 2023, the aggregate fair value of these interest rate swaps was approximately $7.3 million and $3.7 million, respectively. These amounts are included in other current assets, other assets, accrued expenses and noncurrent liabilities on the balance sheet, with an offset recorded in accumulated other comprehensive loss. In the first quarter of fiscal 2023, the Company also entered into cross currency swaps that are designated as cash flow hedges. The notional amount of these swaps was €519.2 million. Under the contracts, the Company is obligated to pay a 4.6% euro denominated fixed rate while receiving a weighted average U.S. dollar fixed rate of 5.799%. Under the terms of the cross currency swaps, the Company hedged its intercompany notes receivable into the first quarter of 2025. Accordingly, changes in the fair value of the cash flow hedge are initially recorded as gains and/or losses as a component of accumulated other comprehensive loss. We immediately reclassify from accumulated other comprehensive loss to earnings an amount to offset the remeasurement recognized in earnings associated with the respective intercompany loan. Additionally, we reclassify amounts from accumulated other comprehensive income/(loss) associated with the interest rate differential between the U.S. dollar and the Euro to interest income. At June 29, 2024 and December 30, 2023, the aggregate fair value of these cross currency swaps was approximately $4.0 million and $10.8 million, respectively. At June 29, 2024, these amounts are included in other current assets on the balance sheet, with an offset recorded in accumulated other comprehensive loss. At December 30, 2023, these amounts are included in other current assets and noncurrent liabilities on the balance sheet, with an offset recorded in accumulated other comprehensive loss. In the second quarter of fiscal 2024, the Company entered into corn option contracts on the Chicago Board of Trade that are designated as cash flow hedges. Under the terms of the corn option contracts, the Company hedged a portion of its U.S. forecasted sales of BBP into the first quarter of fiscal 2025. At June 29, 2024 and December 30, 2023, the aggregate fair value of these corn option contracts was approximately $1.5 million and zero, respectively. The amounts are included in other current assets on the balance sheet, with an offset recorded in accumulated other comprehensive loss. In fiscal 2023 and fiscal 2024, the Company entered into foreign exchange forward contracts that are designated as cash flow hedges. Under the terms of the foreign exchange contracts, the Company hedged a portion of its forecasted sales in currencies other than the functional currency through the fourth quarter of fiscal 2025. At June 29, 2024 and December 30, 2023, the aggregate fair value of these foreign exchange contracts was approximately $17.4 million and $15.9 million, respectively. These amounts are included in other current assets, accrued expenses and other non-current liabilities on the balance sheet, with an offset recorded in accumulated other comprehensive loss. The Company may enter into soybean meal forward contracts and heating oil swap and option contracts from time to time. There were not any open designated soybean meal forward or heating oil swap and option contracts entered into by the Company at June 29, 2024 and December 30, 2023, respectively. As of June 29, 2024, the Company had the following designated and non-designated outstanding forward and option contract amounts that were entered into to hedge foreign currency transactions in currencies other than the functional currency and forecasted transactions in currencies other than the functional currency (in thousands): Functional Currency Contract Currency Type Amount Type Amount Brazilian real 294,847 Euro 52,652 Brazilian real 1,848,598 U.S. dollar 342,861 Euro 24,406 U.S. dollar 26,432 Euro 65,305 Polish zloty 281,945 Euro 10,583 Japanese yen 1,795,505 Euro 47,676 Chinese renminbi 371,600 Euro 18,088 Australian dollar 29,450 Euro 3,532 British pound 2,994 Polish zloty 1,454 U.S. dollar 361 Polish zloty 26,822 Euro 6,203 British pound 188 Euro 222 British pound 276 U.S. dollar 350 Japanese yen 159,644 U.S. dollar 1,004 U.S. dollar 93 Japanese yen 14,928 U.S. dollar 562,340 Euro 519,182 Australian dollar 201 Euro 125 Australian dollar 359 U.S. dollar 239 The Company estimates the amount that will be reclassified from accumulated other comprehensive loss at June 29, 2024 into earnings over the next 12 months for all cash flow hedges will be approximately $19.1 million. As of June 29, 2024, no amounts have been reclassified into earnings as a result of the discontinuance of cash flow hedges. The table below summarizes the effect of derivatives not designated as hedges on the Company’s consolidated statements of operations for the three and six months ended June 29, 2024 and July 1, 2023 (in thousands): Loss or (Gain) Recognized in Income on Derivatives Not Designated as Hedges Three Months Ended Six Months Ended Derivatives not designated as hedging instruments Location June 29, 2024 July 1, 2023 June 29, 2024 July 1, 2023 Foreign exchange Foreign currency loss/(gain) $ (194) $ (2,036) $ (850) $ (1,236) Foreign exchange Net sales 158 (306) 642 (977) Foreign exchange Cost of sales and operating expenses (107) (103) (299) (120) Foreign exchange Selling, general and administrative expenses 8,091 (2,673) 9,572 (4,058) Corn options and futures Net sales 238 1,111 546 1,382 Corn options and futures Cost of sales and operating expenses (1,868) (2,191) (2,236) (2,608) Heating Oil swaps and options Selling, general and administrative expenses — — — 49 Soybean meal Net sales — 525 — 308 Total $ 6,318 $ (5,673) $ 7,375 $ (7,260) At June 29, 2024, the Company had forward purchase agreements in place for purchases of approximately $165.6 million of natural gas and diesel fuel. The Company intends to take physical delivery of the commodities under the forward purchase agreements and accordingly, these contracts are not subject to the requirements of fair value accounting because they qualify as normal purchases.

Fair Value Measurement

Fair Value Measurement	6 Months Ended
	Jun. 29, 2024
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements FASB authoritative guidance defines fair value, establishes a framework for measuring fair value, and expands disclosures about fair value measurements. The following table presents the Company’s financial instruments that are measured at fair value on a recurring and nonrecurring basis as of June 29, 2024 and are categorized using the fair value hierarchy under FASB authoritative guidance. The fair value hierarchy has three levels based on the reliability of the inputs used to determine the fair value. Fair Value Measurements at June 29, 2024 Using Quoted Prices in Significant Other Significant (In thousands of dollars) Total (Level 1) (Level 2) (Level 3) Assets Derivative assets $ 17,916 $ — $ 17,916 $ — Total Assets $ 17,916 $ — $ 17,916 $ — Liabilities Derivative liabilities $ 27,147 $ — $ 27,147 $ — Contingent consideration 20,924 — — 20,924 6% Senior notes 985,300 — 985,300 — 5.25% Senior notes 488,100 — 488,100 — 3.625% Senior notes 543,949 — 543,949 — Term loan A-1 396,010 — 396,010 — Term loan A-2 472,625 — 472,625 — Term loan A-3 297,008 — 297,008 — Term loan A-4 481,953 — 481,953 — Revolver debt 601,039 — 601,039 — Total Liabilities $ 4,314,055 $ — $ 4,293,131 $ 20,924 Fair Value Measurements at December 30, 2023 Using Quoted Prices in Significant Other Significant (In thousands of dollars) Total (Level 1) (Level 2) (Level 3) Assets Derivative assets $ 29,000 $ — $ 29,000 $ — Total Assets $ 29,000 $ — $ 29,000 $ — Liabilities Derivative liabilities $ 19,997 $ — $ 19,997 $ — Contingent consideration 86,495 — — 86,495 6% Senior notes 1,000,000 — 1,000,000 — 5.25% Senior notes 493,100 — 493,100 — 3.625% Senior notes 560,994 — 560,994 — Term loan A-1 398,000 — 398,000 — Term loan A-2 478,844 — 478,844 — Term loan A-3 298,500 — 298,500 — Term loan A-4 488,172 — 488,172 — Revolver debt 604,766 — 604,766 — Total Liabilities $ 4,428,868 $ — $ 4,342,373 $ 86,495 Derivative assets and liabilities consist of the Company’s corn option and future contracts, foreign currency forward and option contracts, soybean meal forward contracts, interest rate swap contracts and cross currency swap contracts which represent the difference between observable market rates of commonly quoted intervals for similar assets and liabilities in active markets and the fixed swap rate considering the instruments term, notional amount and credit risk. See Note 15 (Derivatives) to the Company’s Consolidated Financial Statements included herein for discussion on the Company’s derivatives. The carrying amount of cash, cash equivalents and restricted cash, accounts receivable, accounts payable and accrued expenses approximates fair value due to the short maturity of these instruments and as such have been excluded from the table above. The fair value of the senior notes, term loan A-1, term loan A-2, term loan A-3, term loan A-4 and revolver debt is based on market quotation from third-party banks. The carrying amount of the Company’s other debt is not deemed to be significantly different from the fair value and all other instruments have been recorded at fair value. The fair value measurement of contingent consideration liability uses significant unobservable inputs (level 3). We estimated the fair value of the FASA contingent consideration using a Monte Carlo simulation methodology from a third-party that includes simulating the forecasted net income or earnings plus interest expense, taxes, depreciation and amortization (“EBITDA”) using a Geometric Brownian Motion in a risk-neutral framework. The assumptions used in the FASA contingent consideration analysis as of June 29, 2024 included the EBITDA forecast through the remaining term of the contingent consideration, an EBITDA discount rate, an EBITDA volatility, credit spread, risk-free rate and exchange rate. Significant increases and decreases in these inputs could result in a significantly lower or higher fair value measurement of the FASA contingent consideration. The changes in contingent consideration are due to the following: (in thousands of dollars) Contingent Consideration Balance as of December 30, 2023 $ 86,495 Total included in earnings during period (58,371) Exchange rate changes (7,200) Balance as of June 29, 2024 $ 20,924

Restructuring and Asset Impairm

Restructuring and Asset Impairment Charges	6 Months Ended
	Jun. 29, 2024
Restructuring and Related Activities [Abstract]
Restructuring and Asset Impairment Charges	Restructuring and Asset Impairment Charges

Contingencies

Contingencies	6 Months Ended
	Jun. 29, 2024
Commitments and Contingencies Disclosure [Abstract]
Contingencies	Contingencies The Company is a party to various lawsuits, claims and loss contingencies arising in the ordinary course of its business, including insured worker's compensation, auto, and general liability claims, assertions by certain regulatory and governmental agencies related to various matters including labor and employment, employees benefits, occupational safety and health, wage and hour, compliance, sustainability, permitting requirements, environmental matters, including air, wastewater and storm water discharges from the Company’s processing facilities and other federal, state and local issues, litigation involving tort, contract, statutory, labor, employment, and other claims, and tax matters. The Company’s workers compensation, auto and general liability policies contain significant deductibles or self-insured retentions. The Company estimates and accrues its expected ultimate claim costs related to accidents occurring during each fiscal year under these insurance policies and carries this accrual as a reserve until these claims are paid by the Company. As a result of the matters discussed above, the Company has established loss reserves for insurance, regulatory, governmental, environmental, litigation and tax contingencies. At June 29, 2024 and December 30, 2023, the reserves for insurance, regulatory, governmental, environmental, litigation and tax contingencies reflected on the balance sheet in accrued expenses and other non-current liabilities was approximately $96.6 million and $95.1 million, respectively. The Company has insurance recovery receivables reflected on the balance sheet in other assets of approximately $36.0 million as of June 29, 2024 and December 30, 2023, related to the insurance contingencies. The Company’s management believes these reserves for contingencies are reasonable and sufficient based upon present governmental regulations and information currently available to management; however, there can be no assurance that final costs related to these contingencies will not exceed current estimates. The Company believes that the likelihood is remote that any additional liability from the pending lawsuits and claims that may not be covered by insurance would have a material effect on the Company’s financial position, results of operations or cash flows. Lower Passaic River Area . In December 2009, the Company, along with numerous other entities, received notice from the United States Environmental Protection Agency (“EPA”) that the Company (as alleged successor-in-interest to The Standard Tallow Corporation) is considered a potentially responsible party (a “PRP”) with respect to alleged contamination in the lower 17-mile area of the Passaic River (the “Lower Passaic River”) which is part of the Diamond Alkali Superfund Site located in Newark, New Jersey. The Company’s designation as a PRP is based upon the operation of former plant sites located in Newark and Kearny, New Jersey by The Standard Tallow Corporation, an entity that the Company acquired in 1996. In March 2016, the Company received another letter from the EPA notifying the Company that it had issued a Record of Decision (the “ROD”) selecting a remedy for the lower 8.3 miles of the Lower Passaic River area at an estimated cost of $1.38 billion. The EPA letter made no demand on the Company and laid out a framework for remedial design/remedial action implementation under which the EPA would first seek funding from major PRPs. The letter indicated that the EPA had sent the letter to over 100 parties, which include large chemical and refining companies, manufacturing companies, foundries, plastic companies, pharmaceutical companies and food and consumer product companies. The Company asserts that it is not responsible for any liabilities of its former subsidiary The Standard Tallow Corporation, which was legally dissolved in 2000, and that, in any event, the Standard Tallow Corporation did not discharge any of the eight contaminants of concern identified in the ROD (the “COCs”). Subsequently, the EPA conducted a settlement analysis using a third-party allocator and offered early cash out settlements to those PRPs for whom the third-party allocator determined did not discharge any of the COCs. The Company participated in this allocation process, and in November 2019, received a cash out settlement offer from the EPA in the amount of $0.6 million ($0.3 million for each of the former plant sites in question) for liabilities relating to the lower 8.3 miles of the Lower Passaic River area. The Company accepted this settlement offer, and the settlement became effective on April 16, 2021 following the completion of the EPA's administrative approval process. In September 2021, the EPA released a ROD selecting an interim remedy for the upper nine miles of the Lower Passaic River at an expected additional cost of $441 million. In October 2022, the Company, along with other settling defendants, entered into a Consent Decree with the EPA pursuant to which the Company paid $0.3 million to settle liabilities for both of the former plant sites in question related to the upper nine miles of the Lower Passaic River. The Company paid this amount into escrow, as the settlement is subject to the EPA’s administrative approval process, which includes publication, a public comment period and court approval. On September 30, 2016, Occidental Chemical Corporation (“OCC”) entered into an agreement with the EPA to perform the remedial design for the cleanup plan for the lower 8.3 miles of the Lower Passaic River. On June 30, 2018, OCC filed a complaint in the United States District Court for the District of New Jersey against over 100 companies, including the Company, seeking cost recovery or contribution for costs under the Comprehensive Environmental Response, Compensation and Liability Act (“CERCLA”) relating to various investigations and cleanups OCC has conducted or is conducting in connection with the Lower Passaic River. According to the complaint, OCC has incurred or is incurring costs which include the estimated cost to complete the remedial design for the cleanup plan for the lower 8.3 miles of the Lower Passaic River. OCC is also seeking a declaratory judgment to hold the defendants liable for their proper shares of future response costs, including the remedial action for the lower 8.3 miles of the Lower Passaic River. The Company, along with 40 of the other defendants, had previously received a release from OCC of its CERCLA contribution claim of $165 million associated with the costs to design the remedy for the lower 8.3 miles of the Lower Passaic River. Furthermore, the Company’s settlements with the EPA described above could preclude certain of the claims alleged by OCC against the Company. The Company’s ultimate liability, if any, for investigatory costs, remedial costs and/or natural resource damages in connection with the Lower Passaic River area cannot be determined at this time; however, as of the date of this report, the Company has found no definitive evidence that the former Standard Tallow Corporation plant sites contributed any of the COCs to the Passaic River and, therefore, there is nothing that leads the Company to believe that this matter will have a material effect on the Company’s financial position, results of operations or cash flows.

Business Segments

Business Segments	6 Months Ended
	Jun. 29, 2024
Segment Reporting [Abstract]
Business Segments	Business Segments The Company sells its products domestically and internationally, operating within three industry segments: Feed Ingredients, Food Ingredients and Fuel Ingredients. The measure of segment income/(loss) includes all revenues, operating expenses (excluding certain amortization of intangibles), and selling, general and administrative expenses incurred at all operating locations and excludes corporate activities. Included in corporate activities are general corporate expenses and the amortization of certain intangibles. Assets of corporate activities include cash, unallocated prepaid expenses, deferred tax assets, prepaid pension, and miscellaneous other assets. Feed Ingredients Feed Ingredients consists principally of (i) the Company’s U.S. ingredients business, including the Company’s fats and proteins, used cooking oil, trap grease, Darling Canada, and the ingredients and specialty products businesses conducted by Darling Ingredients International under the Sonac and FASA names (proteins, fats, and blood products) and (ii) the Company’s bakery residuals business. Feed Ingredients operations process animal by-products and used cooking oil into fats, proteins and hides. Food Ingredients Food Ingredients consists principally of (i) the collagen business conducted by Darling Ingredients International under the Rousselot and Gelnex names, (ii) the natural casings and meat-by-products business conducted by Darling Ingredients International under the CTH name and (iii) certain specialty products businesses conducted by Darling Ingredients International under the Sonac name. Fuel Ingredients The Company’s Fuel Ingredients segment consists of (i) the Company’s investment in the DGD Joint Venture and (ii) the bioenergy business conducted by Darling Ingredients International under the Ecoson and Rendac names. Business Segments (in thousands): Feed Ingredients Food Ingredients Fuel Ingredients Corporate Total Three Months Ended June 29, 2024 Net sales $ 934,147 $ 378,841 $ 142,304 $ — $ 1,455,292 Cost of sales and operating expenses 737,871 276,760 113,790 — 1,128,421 Gross margin 196,276 102,081 28,514 — 326,871 Loss/(gain) on sale of assets 205 37 (20) — 222 Selling, general and administrative expenses 74,015 28,844 8,409 18,463 129,731 Acquisition and integration costs — — — 1,130 1,130 Change in fair value of contingent consideration (33,122) — — — (33,122) Depreciation and amortization 86,444 27,372 8,723 2,066 124,605 Equity in net income of Diamond Green Diesel — — 44,197 — 44,197 Segment operating income/(loss) 68,734 45,828 55,599 (21,659) 148,502 Equity in net income of other unconsolidated subsidiaries 3,017 — — — 3,017 Segment income/(loss) 71,751 45,828 55,599 (21,659) 151,519 Total other expense (69,380) Income before income taxes $ 82,139 Feed Ingredients Food Ingredients Fuel Ingredients Corporate Total Three Months Ended July 1, 2023 Net sales $ 1,141,661 $ 476,093 $ 139,867 $ — $ 1,757,621 Cost of sales and operating expenses 876,413 371,095 112,194 — 1,359,702 Gross margin 265,248 104,998 27,673 — 397,919 Loss/(gain) on sale of assets 322 2 (65) — 259 Selling, general and administrative expenses 77,406 33,684 4,971 20,690 136,751 Restructuring and impairment charges — 896 — — 896 Acquisition and integration costs — — — 1,706 1,706 Change in fair value of contingent consideration (7,499) — — — (7,499) Depreciation and amortization 82,575 28,445 8,567 2,499 122,086 Equity in net income of Diamond Green Diesel — — 212,964 — 212,964 Segment operating income/(loss) 112,444 41,971 227,164 (24,895) 356,684 Equity in net income of other unconsolidated subsidiaries 1,849 — — — 1,849 Segment income/(loss) 114,293 41,971 227,164 (24,895) 358,533 Total other expense (62,624) Income before income taxes $ 295,909 Feed Ingredients Food Ingredients Fuel Ingredients Corporate Total Six Months Ended June 29, 2024 Net sales $ 1,823,995 $ 770,123 $ 281,473 $ — $ 2,875,591 Cost of sales and operating expenses 1,443,640 574,905 226,542 — 2,245,087 Gross margin 380,355 195,218 54,931 — 630,504 Loss/(gain) on sale of assets 337 (257) (432) — (352) Selling, general and administrative expenses 151,153 60,588 17,154 39,979 268,874 Acquisition and integration costs — — — 5,184 5,184 Change in fair value of contingent consideration (58,371) — — — (58,371) Depreciation and amortization 174,013 56,240 17,390 4,471 252,114 Equity in net income of Diamond Green Diesel — — 122,616 — 122,616 Segment operating income/(loss) 113,223 78,647 143,435 (49,634) 285,671 Equity in net income of other unconsolidated subsidiaries 5,327 — — — 5,327 Segment income/(loss) 118,550 78,647 143,435 (49,634) 290,998 Total other expense (123,364) Income before income taxes $ 167,634 Segment assets at June 29, 2024 $ 4,367,740 $ 2,277,464 $ 2,684,602 $ 1,290,843 $ 10,620,649 Feed Ingredients Food Ingredients Fuel Ingredients Corporate Total Six Months Ended July 1, 2023 Net sales $ 2,379,155 $ 872,485 $ 297,153 $ — $ 3,548,793 Cost of sales and operating expenses 1,826,485 661,210 238,980 — 2,726,675 Gross margin 552,670 211,275 58,173 — 822,118 Gain on sale of assets (20) (19) (29) — (68) Selling, general and administrative expenses 152,097 66,806 11,163 42,151 272,217 Restructuring and asset impairment charges 92 5,328 — — 5,420 Acquisition and integration costs — — — 8,728 8,728 Change in fair value of contingent consideration (7,499) — — — (7,499) Depreciation and amortization 172,895 42,918 16,960 5,319 238,092 Equity in net income of Diamond Green Diesel — — 307,301 — 307,301 Segment operating income/(loss) 235,105 96,242 337,380 (56,198) 612,529 Equity in net income of other unconsolidated subsidiaries 1,969 — — — 1,969 Segment income/(loss) 237,074 96,242 337,380 (56,198) 614,498 Total other expense (101,760) Income before income taxes $ 512,738 Segment assets at December 30, 2023 $ 4,702,593 $ 2,646,702 $ 2,589,145 $ 1,122,644 $ 11,061,084

Revenue (Notes)

Revenue (Notes)	6 Months Ended
	Jun. 29, 2024
Revenue from Contract with Customer [Abstract]
Revenue	Revenue The Company extends payment terms to its customers based on commercially acceptable practices. The term between invoicing and payment due date is not significant. Revenue is measured as the amount of consideration the Company expects to receive in exchange for transferring finished products or performing services, which is generally based on an executed agreement or purchase order. Most of the Company’s products are shipped based on the customer specifications. Customer returns are infrequent and not material to the Company. Adjustments to net sales for sales deductions are generally recognized in the same period as the sale or when known. Customers in certain industries or countries may be required to prepay prior to shipment in order to maintain payment protection. These represent short-term prepayment from customers and are not material to the Company. The Company elected to treat shipping and handling as fulfillment costs. Sales, value-add, and other taxes collected concurrently with revenue-producing activities are excluded from revenue and booked on a net basis. The following tables present the Company revenues disaggregated by geographic area and major product types by reportable segment for the three and six months ended June 29, 2024 and July 1, 2023 (in thousands): Three Months Ended June 29, 2024 Feed Ingredients Food Ingredients Fuel Ingredients Total Geographic Area North America $ 719,783 $ 100,562 $ — $ 820,345 Europe 107,777 166,102 142,304 416,183 China 8,058 61,927 — 69,985 South America 94,908 37,173 — 132,081 Other 3,621 13,077 — 16,698 Net sales $ 934,147 $ 378,841 $ 142,304 $ 1,455,292 Major product types Fats $ 314,675 $ 38,074 $ — $ 352,749 Used cooking oil 96,126 — — 96,126 Proteins 382,556 — — 382,556 Bakery 48,504 — — 48,504 Other rendering 79,541 — — 79,541 Food ingredients — 315,317 — 315,317 Bioenergy — — 142,304 142,304 Other 12,745 25,450 — 38,195 Net sales $ 934,147 $ 378,841 $ 142,304 $ 1,455,292 Six Months Ended June 29, 2024 Feed Ingredients Food Ingredients Fuel Ingredients Total Geographic Area North America $ 1,411,629 $ 207,626 $ — $ 1,619,255 Europe 208,570 335,555 281,473 825,598 China 12,836 123,396 — 136,232 South America 183,753 77,446 — 261,199 Other 7,207 26,100 — 33,307 Net sales $ 1,823,995 $ 770,123 $ 281,473 $ 2,875,591 Major product types Fats $ 625,922 $ 76,364 $ — $ 702,286 Used cooking oil 171,926 — — 171,926 Proteins 750,156 — — 750,156 Bakery 93,404 — — 93,404 Other rendering 156,242 — — 156,242 Food ingredients — 646,348 — 646,348 Bioenergy — — 281,473 281,473 Other 26,345 47,411 — 73,756 Net sales $ 1,823,995 $ 770,123 $ 281,473 $ 2,875,591 Three Months Ended July 1, 2023 Feed Ingredients Food Ingredients Fuel Ingredients Total Geographic Area North America $ 946,100 $ 101,388 $ — $ 1,047,488 Europe 96,064 227,193 139,867 463,124 China 6,160 71,414 — 77,574 South America 90,293 54,493 — 144,786 Other 3,044 21,605 — 24,649 Net sales $ 1,141,661 $ 476,093 $ 139,867 $ 1,757,621 Major product types Fats $ 405,287 $ 38,207 $ — $ 443,494 Used cooking oil 146,275 — — 146,275 Proteins 435,956 — — 435,956 Bakery 67,263 — — 67,263 Other rendering 70,265 — — 70,265 Food ingredients — 412,307 — 412,307 Bioenergy — — 139,867 139,867 Other 16,615 25,579 — 42,194 Net sales $ 1,141,661 $ 476,093 $ 139,867 $ 1,757,621 Six Months Ended July 1, 2023 Feed Ingredients Food Ingredients Fuel Ingredients Total Geographic Area North America $ 1,971,857 $ 200,739 $ — $ 2,172,596 Europe 206,316 417,466 297,153 920,935 China 11,503 148,785 — 160,288 South America 183,832 65,277 — 249,109 Other 5,647 40,218 — 45,865 Net sales $ 2,379,155 $ 872,485 $ 297,153 $ 3,548,793 Major product types Fats $ 895,605 $ 83,195 $ — $ 978,800 Used cooking oil 283,968 — — 283,968 Proteins 883,103 — — 883,103 Bakery 142,196 — — 142,196 Other rendering 140,079 — — 140,079 Food ingredients — 731,448 — 731,448 Bioenergy — — 297,153 297,153 Other 34,204 57,842 — 92,046 Net sales $ 2,379,155 $ 872,485 $ 297,153 $ 3,548,793 Long-Term Performance Obligations . The Company from time to time enters into long-term contracts to supply certain volumes of finished products to certain customers. Revenue recognized to date in 2024 under these long-term supply contracts was approximately $82.7 million, with the remaining performance obligations to be recognized in future periods (generally four years) of approximately $684.4 million.

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 29, 2024
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions Raw Material Agreement The Company entered into a Raw Material Agreement with the DGD Joint Venture in May 2011 pursuant to which the Company will offer to supply certain animal fats and used cooking oil at market prices, but the DGD Joint Venture is not obligated to purchase the raw material offered by the Company. Additionally, the Company may offer other feedstocks to the DGD Joint Venture, such as inedible corn oil, purchased on a resale basis. For the three months ended June 29, 2024 and July 1, 2023, the Company recorded net sales to the DGD Joint Venture of approximately $234.6 million and $325.0 million, respectively. For the three months ended June 29, 2024 and July 1, 2023, our total net sales to the DGD Joint Venture were approximately 16% and 18%, respectively of total net sales. For the six months ended June 29, 2024 and July 1, 2023, the Company recorded net sales to the DGD Joint Venture of approximately $481.3 million and $663.6 million, respectively. For the six months ended June 29, 2024 and July 1, 2023, our total net sales to the DGD Joint Venture were approximately 17% and 19%, respectively of total net sales. At June 29, 2024 and December 30, 2023, the Company had $9.3 million and $172.3 million in outstanding receivables due from the DGD Joint Venture, respectively. In addition, the Company has eliminated approximately $55.7 million and $38.4 million of additional sales for the six months ended June 29, 2024 and July 1, 2023, respectively to defer the Company’s portion of profit of approximately $9.5 million and $8.1 million on those sales relating to inventory assets remaining on the DGD Joint Venture's balance sheet at June 29, 2024 and July 1, 2023, respectively. Revolving Loan Agreement On May 1, 2019, Darling, through its wholly owned subsidiary Darling Green Energy LLC, (“Darling Green”), and Diamond Alternative Energy, LLC, a wholly owned subsidiary of Valero (“Diamond Alternative” and together with Darling Green, the “DGD Lenders”), entered into a revolving loan agreement (the “2019 DGD Loan Agreement”) with the DGD Joint Venture, pursuant to which the DGD Lenders committed to making loans available to the DGD Joint Venture in the total amount of $50.0 million, with each lender committed to $25.0 million of the total commitment. Any borrowings by the DGD Joint Venture under the 2019 DGD Loan Agreement were at the applicable annum rate equal to the sum of (a) the LIBO Rate (meaning Reuters BBA Libor Rates Page 3750) on such day plus (b) 2.50%. On June 15, 2023, the DGD Lenders entered into a new revolving loan agreement (the “2023 DGD Loan Agreement”) with the DGD Joint Venture that replaced and superseded in its entirety the 2019 DGD Loan Agreement and pursuant to which the DGD Lenders have committed to making loans available to the DGD Joint Venture in the total amount of $200.0 million with each lender committed to $100.0 million of the total commitment. Any borrowings by the DGD Joint Venture under the 2023 DGD Loan Agreement are at the applicable annum rate equal to the sum of (a) term SOFR on such day plus (b) 2.50%. The 2023 DGD Loan Agreement expires on June 15, 2026. In December 2022, the DGD Joint Venture borrowed all $50.0 million available under the 2019 DGD Loan Agreement, including the Company’s full $25.0 million commitment, which was repaid in fiscal 2023. In January 2024, the DGD Joint Venture borrowed all $200.0 million available under the 2023 DGD Loan Agreement, including the Company’s full $100.0 million commitment, which was repaid in March 2024. The DGD Joint Venture paid interest to the Company for the three months ended June 29, 2024 and July 1, 2023 of approximately zero and $0.1 million, respectively and paid interest to the Company for the six months ended June 29, 2024 and July 1, 2023 of approximately $1.6 million and $0.6 million, respectively. As of June 29, 2024 and December 30, 2023, zero was owed to Darling Green under the 2023 DGD Loan Agreement and the 2019 DGD Loan Agreement, respectively. This note receivable amount is included in other current assets on the balance sheet and is included in investing activities on the cash flow statement. Guarantee Agreements In February 2020, in connection with the DGD Joint Venture’s expansion project at its Norco, LA facility, it entered into two agreements (the “IMTT Terminaling Agreements”) with International-Matex Tank Terminals (“IMTT”), pursuant to which the DGD Joint Venture will move raw material and finished product to and from the IMTT terminal facility by pipeline, thereby providing better logistical capabilities. As a condition to entering into the IMTT Terminaling Agreements, IMTT required that the Company and Valero guarantee their proportionate share, up to a maximum of approximately $50 million each, of the DGD Joint Venture’s obligations under the IMTT Terminaling Agreements (the “IMTT Guarantee”), subject to the conditions provided for in the IMTT Terminaling Agreements. The Company has not recorded any liability as a result of the IMTT Guarantee, as the Company believes the likelihood of having to make any payments under the IMTT Guarantee is remote. In April 2021, in connection with the DGD Joint Venture’s expansion project at its Port Arthur, TX facility, it entered into two agreements (the “GTL Terminaling Agreements”) with GT Logistics, LLC (“GTL”), pursuant to which the DGD Joint Venture will move raw material and finished product to and from the GTL terminal facility by pipeline, thereby providing better logistical capabilities. As a condition to entering into the GTL Terminaling Agreements, GTL required that the Company and Valero guarantee their proportionate share, up to a maximum of approximately $160 million each, of the DGD Joint Venture’s obligations under the GTL Terminaling Agreements (the “GTL Guarantee”), subject to the conditions provided for in the GTL Terminaling Agreements. The maximum amount of the GTL Guarantee is reduced over the 20-year initial term of the GTL Terminaling Agreements as the termination fee under such agreements declines. The Company has not recorded any liability as a result of the GTL Guarantee, as the Company believes the likelihood of having to make any payments under the GTL Guarantee is remote.

Cash Flow Information

Cash Flow Information	6 Months Ended
	Jun. 29, 2024
Nonmonetary Transactions [Abstract]
Cash Flow Information	Cash Flow Information The following table sets forth supplemental cash flow information and non-cash transactions (in thousands): Six Months Ended June 29, 2024 July 1, 2023 Supplemental disclosure of cash flow information: Change in accrued capital expenditures $ (27,299) $ (6,375) Cash paid during the period for: Interest, net of capitalized interest $ 127,264 $ 105,420 Income taxes, net of refunds $ 55,839 $ 87,966 Non-cash operating activities Operating lease right of use asset obtained in exchange for new lease liabilities $ 33,857 $ 46,549 Non-cash financing activities Debt issued for assets $ (2,205) $ (50)

New Accounting Pronouncements

New Accounting Pronouncements	6 Months Ended
	Jun. 29, 2024
New Accounting Pronouncements [Abstract]
New Accounting Pronouncements	New Accounting Pronouncements In December 2023, the FASB issued Accounting Standards Update (“ASU”) No. 2023-09, Income Taxes (Topic 740) Improvements to Income Tax Disclosures, which expands the disclosures required in an entity's income tax rate reconciliation table and disclosure of income taxes paid both in U.S. and foreign jurisdictions. The amendments are effective for fiscal years beginning after December 15, 2024 and should be applied prospectively. Early adoption is permitted. The Company is currently evaluating this ASU to determine its impact on the Company’s disclosure, but does not expect this update to have a material impact on the Company’s consolidated financial statements other than additional information to be provided in the footnote disclosure. In November 2023, the FASB issued ASU No. 2023-07, Segment Reporting (Topic 280) Improvements to Reportable Segment Disclosures. The amendment requires disclosure of significant segment expenses that are regularly provided to the chief operating decision maker and included within each reported measure of segment profit or loss, an amount and description of its composition for other segment items, and interim disclosures of a reportable segment's profit or loss and assets. The amendments are effective for fiscal years beginning after December 15, 2023, and for interim periods within fiscal years beginning after December 15, 2024 and should be applied retrospectively. Early adoption is permitted. The Company is currently evaluating this ASU to determine its impact on the Company’s disclosure, but does not expect this update to have a material impact on the Company’s consolidated financial statements other than additional information to be provided in the footnote disclosure.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 29, 2024	Jul. 01, 2023	Jun. 29, 2024	Jul. 01, 2023
Pay vs Performance Disclosure
Net income attributable to Darling	$ 78,866	$ 252,383	$ 160,023	$ 438,184

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Jun. 29, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	3 Months Ended	6 Months Ended
	Jun. 29, 2024	Jun. 29, 2024
Accounting Policies [Abstract]
Basis of Presentation		Basis of Presentation The consolidated financial statements include the accounts of Darling and its consolidated subsidiaries. Noncontrolling interests represent the outstanding ownership interest in the Company’s consolidated subsidiaries that are not owned by the Company. In the accompanying Consolidated Statements of Operations, the noncontrolling interest in net income of the consolidated subsidiaries is shown as an allocation of the Company’s net income and is presented separately as “Net income attributable to noncontrolling interests.” In the Company’s Consolidated Balance Sheets, noncontrolling interests represent the ownership interests in the Company’s consolidated subsidiaries' net assets held by parties other than the Company. These ownership interests are presented separately as “Noncontrolling interests” within “Stockholders' Equity.” All intercompany balances and transactions have been eliminated in consolidation.
Fiscal Periods		Fiscal Periods The Company has a 52/53 week fiscal year ending on the Saturday nearest December 31. Fiscal periods for the consolidated financial statements included herein are as of June 29, 2024, and include the 13 and 26 weeks ended June 29, 2024, and the 13 and 26 weeks ended July 1, 2023.
Cash and Cash Equivalents		Cash and Cash Equivalents The Company considers all short-term highly liquid instruments, with an original maturity of three months or less, to be cash equivalents. Cash balances are recorded net of book overdrafts when a bank right-of-offset exists. All other book overdrafts are recorded in accounts payable and the change in the related balance is reflected in operating activities on the Consolidated Statement of Cash Flows. In addition, the Company has bank overdrafts, which are considered a form of short-term financing with changes in the related balance reflected in financing activities in the Consolidated Statement of Cash Flows. Restricted cash shown on the Consolidated Balance Sheet as of June 29, 2024, primarily represents the current portion of acquisition consideration hold-back amounts that are part of the purchase price set aside in escrow in the Company’s name for possible indemnification claims by the Company, which amounts will be paid to the sellers in the future if no claims arise. At December 30, 2023, restricted cash primarily represents amounts set aside as collateral for foreign construction projects and U.S. environmental claims and was insignificant to the Company. Restricted cash included in other long term assets on the Consolidated Balance Sheet as of June 29, 2024 and December 30, 2023, primarily represents the long term acquisition consideration hold-back amounts that are part of the purchase price set aside in escrow in the Company’s name for possible indemnification claims by the Company, which amounts will be paid to the sellers in the future if no claims arise. A reconciliation of cash, cash equivalents, and restricted cash reported within the Consolidated Balance Sheets that sum to the total of the same such amounts shown in the Consolidated Statement of Cash flows is as follows (in thousands): June 29, 2024 December 30, 2023 Cash and cash equivalents $ 121,587 $ 126,502 Restricted cash 26,290 292 Restricted cash included in other long-term assets 117,715 137,656 Total cash, cash equivalents and restricted cash shown in the statement of cash flows $ 265,592 $ 264,450
Revenue Recognition		Revenue Recognition
Out-of-Period Adjustment		Out-of-Period Adjustment During the quarter ended March 30, 2024, the Company determined the inventory balance at its recently acquired Gelnex subsidiary was overstated by approximately $25.1 million at December 30, 2023. The overstatement was the result of an error in calculating the elimination of deferred profit in inventory on intercompany product sales from South America. During the first quarter of fiscal 2024, the Company recorded an adjustment to earnings of approximately $17.9 million, net of tax. The Company assessed the impact of this out-of-period adjustment and concluded that it was not material to the financial statements previously issued for any interim or annual period during 2023, and the adjustment during the quarter ended March 30, 2024 is not expected to be material to the annual financial statements for fiscal 2024. The out-of-period adjustment is included in the Food Ingredients segment results.
Use of Estimates		Use of Estimates The preparation of the consolidated financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. If it is at least reasonably possible that the estimate of the effect on the financial statements of a condition, situation, or set of circumstances that exist at the date of the financial statements will change in the near term due to one or more future confirming events, and the effect of the change would be material to the financial statements, the Company will disclose the nature of the uncertainty and include an indication that it is at least reasonably possible that a change in the estimate will occur in the near term. If the estimate involves certain loss contingencies, the disclosure will also include an estimate of the probable loss or range of loss or state that an estimate cannot be made. As a result of the Russia-Ukraine war, the Israeli-Palestinian conflict and the current inflationary environment, we have evaluated the potential impact to the Company’s operations and for any indicators of potential triggering events that could indicate certain of the Company’s assets may be impaired. Through the six months ended June 29, 2024, the Company has not observed any impairments of the Company’s assets or a significant change in their fair value due to the Russia-Ukraine war, the Israeli-Palestinian conflict or inflation.
Earnings Per Share	Earnings Per Share
Income Taxes		The Company has provided income taxes for the three and six month periods ended June 29, 2024 and July 1, 2023, based on its estimate of the effective tax rate for the entire 2024 and 2023 fiscal years. The Company’s estimated annual effective tax rate is based on forecasts of income by jurisdiction, permanent differences between book and tax income, the relative proportion of income and losses by jurisdiction, and statutory income tax rates. Discrete events such as the assessment of the ultimate outcome of tax audits, audit settlements, recognizing previously unrecognized tax benefits due to the lapsing of statutes of limitation, recognizing or derecognizing deferred tax assets due to projections of income or loss and changes in tax laws are recognized in the period in which they occur.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	3 Months Ended	6 Months Ended
	Jun. 29, 2024	Jun. 29, 2024
Accounting Policies [Abstract]
Restrictions on Cash and Cash Equivalents		A reconciliation of cash, cash equivalents, and restricted cash reported within the Consolidated Balance Sheets that sum to the total of the same such amounts shown in the Consolidated Statement of Cash flows is as follows (in thousands): June 29, 2024 December 30, 2023 Cash and cash equivalents $ 121,587 $ 126,502 Restricted cash 26,290 292 Restricted cash included in other long-term assets 117,715 137,656 Total cash, cash equivalents and restricted cash shown in the statement of cash flows $ 265,592 $ 264,450
Net Income per Common Share	Basic income per common share is computed by dividing net income attributable to Darling by the weighted average number of common shares including non-vested and restricted shares outstanding during the period. Diluted income per common share is computed by dividing net income attributable to Darling by the weighted average number of common shares outstanding during the period increased by dilutive common equivalent shares determined using the treasury stock method. Net Income per Common Share (in thousands, except per share data) Three Months Ended June 29, 2024 July 1, 2023 Income Shares Per Share Income Shares Per Share Basic: Net Income attributable to Darling $ 78,866 159,815 $ 0.49 $ 252,383 159,810 $ 1.58 Diluted: Effect of dilutive securities: Add: Option shares in the money and dilutive effect of non-vested stock awards 2,881 3,308 Less: Pro forma treasury shares (991) (748) Diluted: Net income attributable to Darling $ 78,866 161,705 $ 0.49 $ 252,383 162,370 $ 1.55 Net Income per Common Share (in thousands, except per share data) Six Months Ended June 29, 2024 July 1, 2023 Income Shares Per Share Income Shares Per Share Basic: Net Income attributable to Darling $ 160,023 159,813 $ 1.00 $ 438,184 159,978 $ 2.74 Diluted: Effect of dilutive securities: Add: Option shares in the money and dilutive effect of non-vested stock awards 2,968 3,363 Less: Pro forma treasury shares (976) (748) Diluted: Net income attributable to Darling $ 160,023 161,805 $ 0.99 $ 438,184 162,593 $ 2.69

Investment in Unconsolidated _2

Investment in Unconsolidated Subsidiary (Tables)	6 Months Ended
	Jun. 29, 2024
Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investments	Selected financial information for the Company’s DGD Joint Venture is as follows: (in thousands) June 30, 2024 December 31, 2023 Assets: Total current assets $ 1,849,534 $ 1,877,430 Property, plant and equipment, net 3,888,370 3,838,800 Other assets 122,629 89,697 Total assets $ 5,860,533 $ 5,805,927 Liabilities and members' equity: Total current portion of long term debt $ 29,251 $ 278,639 Total other current liabilities 404,090 417,918 Total long term debt 722,346 737,097 Total other long term liabilities 17,189 16,996 Total members' equity 4,687,657 4,355,277 Total liabilities and members' equity $ 5,860,533 $ 5,805,927 Three Months Ended Six Months Ended (in thousands) June 30, 2024 June 30, 2023 June 30, 2024 June 30, 2023 Revenues: Operating revenues $ 1,184,076 $ 2,246,111 $ 2,595,191 $ 3,926,161 Expenses: Total costs and expenses less lower of cost or market inventory valuation adjustment and depreciation, amortization and accretion expense 1,014,927 1,751,315 2,174,283 3,172,719 Lower of cost or market (LCM) inventory valuation adjustment 15,866 — 37,504 — Depreciation, amortization and accretion expense 61,910 58,315 127,200 116,922 Total costs and expenses 1,092,703 1,809,630 2,338,987 3,289,641 Operating income 91,373 436,481 256,204 636,520 Other income 6,058 2,121 9,278 4,162 Interest and debt expense, net (9,037) (12,674) (20,279) (26,080) Income before income tax expense 88,394 425,928 $ 245,203 $ 614,602 Income tax benefit — — (29) — Net income $ 88,394 $ 425,928 $ 245,232 $ 614,602

Acquisitions (Tables)

Acquisitions (Tables)	6 Months Ended
	Jun. 29, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following table summarizes the final fair value of the assets acquired and the liabilities assumed in the Gelnex Acquisition as of March 31, 2023 (in thousands): Accounts receivable $ 81,025 Inventories 140,865 Other current assets 3,143 Property, plant and equipment 169,205 Identifiable intangible assets 339,500 Goodwill 542,572 Operating lease right-of-use assets 134 Other assets 2,703 Deferred tax asset 9,067 Accounts payable (15,059) Current operating lease liabilities (26) Current portion of long-term debt (44,692) Accrued expenses (18,826) Long-term debt, net of current portion (1,407) Long-term operating lease liabilities (123) Deferred tax liability (12,870) Other noncurrent liabilities (19) Purchase price, net of cash acquired $ 1,195,192 Less hold-back 104,145 Cash paid for acquisition, net of cash acquired $ 1,091,047 The following table summarizes the final fair value of the assets acquired and the liabilities assumed in the FASA Acquisition as of August 1, 2022 (in thousands): Accounts receivable $ 76,640 Inventories 43,058 Other current assets 33,327 Property, plant and equipment 224,384 Identifiable intangible assets 119,477 Goodwill 301,937 Operating lease right-of-use assets 583 Other assets 62,388 Deferred tax asset 2,315 Accounts payable (15,920) Current portion of long-term debt (18,680) Accrued expenses (38,708) Long-term debt, net of current portion (41,926) Long-term operating lease liabilities (583) Deferred tax liability (95,653) Other noncurrent liabilities (503) Non-controlling interests (21,704) Purchase price, net of cash acquired $ 630,432 Less hold-back 21,705 Less contingent consideration 82,984 Cash paid for acquisition, net of cash acquired $ 525,743
Business Acquisition, Pro Forma Information	The following table presents selected pro forma information, for comparative purposes, assuming the Gelnex Acquisition had occurred on January 1, 2023, for the periods presented (in thousands): Six Months Ended July 1, 2023 Net sales $ 3,647,060 Net income 447,831

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Jun. 29, 2024
Inventory Disclosure [Abstract]
Schedule of Inventory	A summary of inventories follows (in thousands): June 29, 2024 December 30, 2023 Finished product $ 371,698 $ 448,245 Work in process 96,202 110,299 Raw material 44,144 68,188 Supplies and other 115,648 132,007 $ 627,692 $ 758,739

Intangible Assets (Tables)

Intangible Assets (Tables)	6 Months Ended
	Jun. 29, 2024
Intangible Asset Disclosure Text Block [Abstract]
Schedule of Intangible Assets	The gross carrying amount of intangible assets not subject to amortization and intangible assets subject to amortization is as follows (in thousands): June 29, 2024 December 30, 2023 Indefinite Lived Intangible Assets: Trade names $ 51,721 $ 52,507 51,721 52,507 Finite Lived Intangible Assets: Routes 741,608 746,868 Customer relationships 305,897 359,111 Permits 324,808 559,483 Non-compete agreements 295 395 Trade names 83,908 85,561 Royalty, consulting, land use rights and leasehold 22,498 20,613 1,479,014 1,772,031 Accumulated Amortization: Routes (242,991) (241,960) Customer relationships (35,080) (29,270) Permits (185,634) (407,713) Non-compete agreements (262) (345) Trade names (68,176) (63,660) Royalty, consulting, land use rights and leasehold (6,062) (5,698) (538,205) (748,646) Total Intangible assets, less accumulated amortization $ 992,530 $ 1,075,892

Goodwill (Tables)

Goodwill (Tables)	6 Months Ended
	Jun. 29, 2024
Intangible Asset Disclosure Text Block [Abstract]
Schedule of Goodwill	Changes in the carrying amount of goodwill (in thousands): Feed Ingredients Food Ingredients Fuel Ingredients Total Balance at December 30, 2023 Goodwill $ 1,487,236 $ 900,707 $ 147,223 $ 2,535,166 Accumulated impairment losses (15,914) (3,170) (31,580) (50,664) 1,471,322 897,537 115,643 2,484,502 Goodwill acquired during year 62,907 — 5,129 68,036 Measurement period adjustments — (9,147) — (9,147) Foreign currency translation (53,109) (67,923) (4,085) (125,117) Balance at June 29, 2024 Goodwill 1,497,034 823,637 148,267 2,468,938 Accumulated impairment losses (15,914) (3,170) (31,580) (50,664) $ 1,481,120 $ 820,467 $ 116,687 $ 2,418,274

Accrued Expense (Tables)

Accrued Expense (Tables)	6 Months Ended
	Jun. 29, 2024
Payables and Accruals [Abstract]
Schedule of Accrued Expenses	Accrued expenses consist of the following (in thousands): June 29, 2024 December 30, 2023 Compensation and benefits $ 128,674 $ 156,357 Accrued operating expenses 76,049 86,278 Other accrued expense 245,462 198,364 $ 450,185 $ 440,999

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 29, 2024
Debt Disclosure [Abstract]
Schedule of Debt	Debt consists of the following (in thousands): June 29, 2024 December 30, 2023 Amended Credit Agreement: Revolving Credit Facility ($107.1 million and $82.9 million denominated in € at June 29, 2024 and December 30, 2023, respectively) $ 607,110 $ 610,875 Term A-1 facility 398,000 400,000 Less unamortized deferred loan costs (456) (546) Carrying value Term A-1 facility 397,544 399,454 Term A-2 facility 475,000 481,250 Less unamortized deferred loan costs (640) (771) Carrying value Term A-2 facility 474,360 480,479 Term A-3 facility 298,500 300,000 Less unamortized deferred loan costs (697) (832) Carrying value Term A-3 facility 297,803 299,168 Term A-4 facility 484,375 490,625 Less unamortized deferred loan costs (834) (1,002) Carrying value Term A-4 facility 483,541 489,623 6% Senior Notes due 2030 with effective interest of 6.12% 1,000,000 1,000,000 Less unamortized deferred loan costs net of bond premium (6,030) (6,441) Carrying value 6% Senior Notes due 2030 993,970 993,559 5.25% Senior Notes due 2027 with effective interest of 5.47% 500,000 500,000 Less unamortized deferred loan costs (2,792) (3,249) Carrying value 5.25% Senior Notes due 2027 497,208 496,751 3.625% Senior Notes due 2026 - Denominated in euro with effective interest of 3.83% 551,617 569,075 Less unamortized deferred loan costs - Denominated in euro (2,136) (2,763) Carrying value 3.625% Senior Notes due 2026 549,481 566,312 Other Notes and Obligations 108,370 90,852 4,409,387 4,427,073 Less Current Maturities 92,258 60,703 $ 4,317,129 $ 4,366,370

Other Noncurrent Liabilities (T

Other Noncurrent Liabilities (Tables)	6 Months Ended
	Jun. 29, 2024
Other Liabilities Disclosure [Abstract]
Other Noncurrent Liabilities	Other noncurrent liabilities consist of the following (in thousands): June 29, 2024 December 30, 2023 Accrued pension liability $ 20,541 $ 20,721 Reserve for self-insurance, litigation, environmental and tax matters 75,000 100,354 Long-term acquisition hold-backs 119,794 137,913 Long-term contingent consideration 20,924 86,495 Other 4,157 4,326 $ 240,416 $ 349,809

Other Comprehensive Income (Tab

Other Comprehensive Income (Tables)	6 Months Ended
	Jun. 29, 2024
Equity [Abstract]
Schedule of Comprehensive Income (Loss)	The components of other comprehensive income/(loss) and the related tax impacts for the three and six months ended June 29, 2024 and July 1, 2023 are as follows (in thousands): Three Months Ended Before-Tax Tax (Expense) Net-of-Tax Amount or Benefit Amount June 29, 2024 July 1, 2023 June 29, 2024 July 1, 2023 June 29, 2024 July 1, 2023 Defined benefit pension plans Amortization of prior service (cost)/benefit $ (6) $ — $ 2 $ — $ (4) $ — Amortization of actuarial loss 349 434 (83) (107) 266 327 Total defined benefit pension plans 343 434 (81) (107) 262 327 Soybean meal option derivatives Reclassified to earnings — (166) — 42 — (124) Activity recognized in other comprehensive income/(loss) — (163) — 41 — (122) Total soybean meal option derivatives — (329) — 83 — (246) Corn option derivatives Reclassified to earnings — (653) — 165 — (488) Activity recognized in other comprehensive income/(loss) 1,404 597 (341) (150) 1,063 447 Total corn option derivatives 1,404 (56) (341) 15 1,063 (41) Heating oil derivatives at DGD (Note 15) Activity recognized in other comprehensive income/(loss) (4,507) (23,292) 1,095 5,917 (3,412) (17,375) Total heating oil derivatives (4,507) (23,292) 1,095 5,917 (3,412) (17,375) Interest swap derivatives Reclassified to earnings (9,305) (990) 2,261 251 (7,044) (739) Activity recognized in other comprehensive income/(loss) 5,026 13,867 (1,222) (3,522) 3,804 10,345 Total interest swap derivatives (4,279) 12,877 1,039 (3,271) (3,240) 9,606 Foreign exchange derivatives Reclassified to earnings (1,399) (7,459) 462 2,539 (937) (4,920) Activity recognized in other comprehensive income/(loss) (27,004) 21,515 9,152 (7,324) (17,852) 14,191 Total foreign exchange derivatives (28,403) 14,056 9,614 (4,785) (18,789) 9,271 Foreign currency translation (168,285) 82,696 247 (104) (168,038) 82,592 Other comprehensive income/(loss) $ (203,727) $ 86,386 $ 11,573 $ (2,252) $ (192,154) $ 84,134 Six Months Ended Before-Tax Tax (Expense) Net-of-Tax Amount or Benefit Amount June 29, 2024 July 1, 2023 June 29, 2024 July 1, 2023 June 29, 2024 July 1, 2023 Defined benefit pension plans Amortization of prior service (cost)/benefit $ (12) $ — $ 5 $ — $ (7) $ — Amortization of actuarial loss 698 868 (167) (214) 531 654 Total defined benefit pension plans 686 868 (162) (214) 524 654 Soybean meal option derivatives Reclassified to earnings (33) (504) 8 128 (25) (376) Activity recognized in other comprehensive income/(loss) — (87) — 22 — (65) Total soybean meal option derivatives (33) (591) 8 150 (25) (441) Corn option derivatives Reclassified to earnings — (1,537) — 390 — (1,147) Activity recognized in other comprehensive income/(loss) 1,404 1,627 (341) (412) 1,063 1,215 Total corn option derivatives 1,404 90 (341) (22) 1,063 68 Heating oil derivatives at DGD (Note 15) Activity recognized in other comprehensive income/(loss) (46,426) 5,140 11,281 (1,305) (35,145) 3,835 Total heating oil derivatives (46,426) 5,140 11,281 (1,305) (35,145) 3,835 Interest swap derivatives Reclassified to earnings (26,785) 866 6,509 (220) (20,276) 646 Activity recognized in other comprehensive income/(loss) 27,891 12,976 (6,778) (3,296) 21,113 9,680 Total interest swap derivatives 1,106 13,842 (269) (3,516) 837 10,326 Foreign exchange derivatives Reclassified to earnings (7,395) (12,273) 2,508 4,176 (4,887) (8,097) Activity recognized in other comprehensive income/(loss) (31,419) 34,844 10,658 (11,856) (20,761) 22,988 Total foreign exchange derivatives (38,814) 22,571 13,166 (7,680) (25,648) 14,891 Foreign currency translation (233,628) 139,555 920 (746) (232,708) 138,809 Other comprehensive income/(loss) $ (315,705) $ 181,475 $ 24,603 $ (13,333) $ (291,102) $ 168,142
Reclassification out of Accumulated Other Comprehensive Income (Loss)	The following table presents the amounts reclassified out of each component of other comprehensive income/(loss), net of tax for the three and six months ended June 29, 2024 and July 1, 2023 as follows (in thousands): Three Months Ended Six Months Ended June 29, 2024 July 1, 2023 June 29, 2024 July 1, 2023 Statement of Operations Classification Derivative instruments Soybean meal option derivatives $ — $ 166 $ 33 $ 504 Net sales Foreign exchange contracts 1,399 7,459 7,395 12,273 Net sales Corn option derivatives — 653 — 1,537 Cost of sales and operating expenses Interest swaps 9,305 990 26,785 (866) Foreign currency gain/(loss) and interest expense 10,704 9,268 34,213 13,448 Total before tax (2,723) (2,997) (9,025) (4,474) Income taxes 7,981 6,271 25,188 8,974 Net of tax Defined benefit pension plans Amortization of prior service cost $ 6 $ — $ 12 $ — (a) Amortization of actuarial loss (349) (434) (698) (868) (a) (343) (434) (686) (868) Total before tax 81 107 162 214 Income taxes (262) (327) (524) (654) Net of tax Total reclassifications $ 7,719 $ 5,944 $ 24,664 $ 8,320 Net of tax (a) These items are included in the computation of net periodic pension cost. See Note 14 (Employee Benefit Plans) to the Company’s Consolidated Financial Statement included herein for additional information.
Schedule of Accumulated Other Comprehensive Income (Loss)	The following table presents changes in each component of accumulated other comprehensive income/(loss) as of June 29, 2024 as follows (in thousands): Six Months Ended June 29, 2024 Foreign Defined Currency Derivative Benefit Translation Instruments Pension Plans Total Accumulated Other Comprehensive income/ (loss) December 30, 2023, attributable to Darling, net of tax $ (231,678) $ 47,730 $ (14,398) $ (198,346) Other comprehensive income/ (loss) before reclassifications (232,708) (33,730) — (266,438) Amounts reclassified from accumulated other comprehensive income/ (loss) — (25,188) 524 (24,664) Net current-period other comprehensive income/ (loss) (232,708) (58,918) 524 (291,102) Noncontrolling interest 1,224 — — 1,224 Accumulated Other Comprehensive income/ (loss) June 29, 2024, attributable to Darling, net of tax $ (465,610) $ (11,188) $ (13,874) $ (490,672)

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	6 Months Ended
	Jun. 29, 2024
Retirement Benefits [Abstract]
Net pension cost	Net pension cost for the three and six months ended June 29, 2024 and July 1, 2023 includes the following components (in thousands): Pension Benefits Pension Benefits Three Months Ended Six Months Ended June 29, July 1, June 29, July 1, Service cost $ 783 $ 683 $ 1,574 $ 1,358 Interest cost 1,906 1,961 3,817 3,917 Expected return on plan assets (1,806) (1,805) (3,616) (3,608) Amortization of prior service cost (6) — (12) — Amortization of actuarial loss 349 434 698 868 Net pension cost $ 1,226 $ 1,273 $ 2,461 $ 2,535

Derivatives (Tables)

Derivatives (Tables)	6 Months Ended
	Jun. 29, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments	As of June 29, 2024, the Company had the following designated and non-designated outstanding forward and option contract amounts that were entered into to hedge foreign currency transactions in currencies other than the functional currency and forecasted transactions in currencies other than the functional currency (in thousands): Functional Currency Contract Currency Type Amount Type Amount Brazilian real 294,847 Euro 52,652 Brazilian real 1,848,598 U.S. dollar 342,861 Euro 24,406 U.S. dollar 26,432 Euro 65,305 Polish zloty 281,945 Euro 10,583 Japanese yen 1,795,505 Euro 47,676 Chinese renminbi 371,600 Euro 18,088 Australian dollar 29,450 Euro 3,532 British pound 2,994 Polish zloty 1,454 U.S. dollar 361 Polish zloty 26,822 Euro 6,203 British pound 188 Euro 222 British pound 276 U.S. dollar 350 Japanese yen 159,644 U.S. dollar 1,004 U.S. dollar 93 Japanese yen 14,928 U.S. dollar 562,340 Euro 519,182 Australian dollar 201 Euro 125 Australian dollar 359 U.S. dollar 239
Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location	The table below summarizes the effect of derivatives not designated as hedges on the Company’s consolidated statements of operations for the three and six months ended June 29, 2024 and July 1, 2023 (in thousands): Loss or (Gain) Recognized in Income on Derivatives Not Designated as Hedges Three Months Ended Six Months Ended Derivatives not designated as hedging instruments Location June 29, 2024 July 1, 2023 June 29, 2024 July 1, 2023 Foreign exchange Foreign currency loss/(gain) $ (194) $ (2,036) $ (850) $ (1,236) Foreign exchange Net sales 158 (306) 642 (977) Foreign exchange Cost of sales and operating expenses (107) (103) (299) (120) Foreign exchange Selling, general and administrative expenses 8,091 (2,673) 9,572 (4,058) Corn options and futures Net sales 238 1,111 546 1,382 Corn options and futures Cost of sales and operating expenses (1,868) (2,191) (2,236) (2,608) Heating Oil swaps and options Selling, general and administrative expenses — — — 49 Soybean meal Net sales — 525 — 308 Total $ 6,318 $ (5,673) $ 7,375 $ (7,260)

Fair Value Measurement (Tables)

Fair Value Measurement (Tables)	6 Months Ended
	Jun. 29, 2024
Fair Value Disclosures [Abstract]
Fair Value, Assets Measured on Recurring and Nonrecurring Basis	The fair value hierarchy has three levels based on the reliability of the inputs used to determine the fair value. Fair Value Measurements at June 29, 2024 Using Quoted Prices in Significant Other Significant (In thousands of dollars) Total (Level 1) (Level 2) (Level 3) Assets Derivative assets $ 17,916 $ — $ 17,916 $ — Total Assets $ 17,916 $ — $ 17,916 $ — Liabilities Derivative liabilities $ 27,147 $ — $ 27,147 $ — Contingent consideration 20,924 — — 20,924 6% Senior notes 985,300 — 985,300 — 5.25% Senior notes 488,100 — 488,100 — 3.625% Senior notes 543,949 — 543,949 — Term loan A-1 396,010 — 396,010 — Term loan A-2 472,625 — 472,625 — Term loan A-3 297,008 — 297,008 — Term loan A-4 481,953 — 481,953 — Revolver debt 601,039 — 601,039 — Total Liabilities $ 4,314,055 $ — $ 4,293,131 $ 20,924 Fair Value Measurements at December 30, 2023 Using Quoted Prices in Significant Other Significant (In thousands of dollars) Total (Level 1) (Level 2) (Level 3) Assets Derivative assets $ 29,000 $ — $ 29,000 $ — Total Assets $ 29,000 $ — $ 29,000 $ — Liabilities Derivative liabilities $ 19,997 $ — $ 19,997 $ — Contingent consideration 86,495 — — 86,495 6% Senior notes 1,000,000 — 1,000,000 — 5.25% Senior notes 493,100 — 493,100 — 3.625% Senior notes 560,994 — 560,994 — Term loan A-1 398,000 — 398,000 — Term loan A-2 478,844 — 478,844 — Term loan A-3 298,500 — 298,500 — Term loan A-4 488,172 — 488,172 — Revolver debt 604,766 — 604,766 — Total Liabilities $ 4,428,868 $ — $ 4,342,373 $ 86,495
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation	The changes in contingent consideration are due to the following: (in thousands of dollars) Contingent Consideration Balance as of December 30, 2023 $ 86,495 Total included in earnings during period (58,371) Exchange rate changes (7,200) Balance as of June 29, 2024 $ 20,924

Business Segments (Tables)

Business Segments (Tables)	6 Months Ended
	Jun. 29, 2024
Segment Reporting [Abstract]
Business Segments	Business Segments (in thousands): Feed Ingredients Food Ingredients Fuel Ingredients Corporate Total Three Months Ended June 29, 2024 Net sales $ 934,147 $ 378,841 $ 142,304 $ — $ 1,455,292 Cost of sales and operating expenses 737,871 276,760 113,790 — 1,128,421 Gross margin 196,276 102,081 28,514 — 326,871 Loss/(gain) on sale of assets 205 37 (20) — 222 Selling, general and administrative expenses 74,015 28,844 8,409 18,463 129,731 Acquisition and integration costs — — — 1,130 1,130 Change in fair value of contingent consideration (33,122) — — — (33,122) Depreciation and amortization 86,444 27,372 8,723 2,066 124,605 Equity in net income of Diamond Green Diesel — — 44,197 — 44,197 Segment operating income/(loss) 68,734 45,828 55,599 (21,659) 148,502 Equity in net income of other unconsolidated subsidiaries 3,017 — — — 3,017 Segment income/(loss) 71,751 45,828 55,599 (21,659) 151,519 Total other expense (69,380) Income before income taxes $ 82,139 Feed Ingredients Food Ingredients Fuel Ingredients Corporate Total Three Months Ended July 1, 2023 Net sales $ 1,141,661 $ 476,093 $ 139,867 $ — $ 1,757,621 Cost of sales and operating expenses 876,413 371,095 112,194 — 1,359,702 Gross margin 265,248 104,998 27,673 — 397,919 Loss/(gain) on sale of assets 322 2 (65) — 259 Selling, general and administrative expenses 77,406 33,684 4,971 20,690 136,751 Restructuring and impairment charges — 896 — — 896 Acquisition and integration costs — — — 1,706 1,706 Change in fair value of contingent consideration (7,499) — — — (7,499) Depreciation and amortization 82,575 28,445 8,567 2,499 122,086 Equity in net income of Diamond Green Diesel — — 212,964 — 212,964 Segment operating income/(loss) 112,444 41,971 227,164 (24,895) 356,684 Equity in net income of other unconsolidated subsidiaries 1,849 — — — 1,849 Segment income/(loss) 114,293 41,971 227,164 (24,895) 358,533 Total other expense (62,624) Income before income taxes $ 295,909 Feed Ingredients Food Ingredients Fuel Ingredients Corporate Total Six Months Ended June 29, 2024 Net sales $ 1,823,995 $ 770,123 $ 281,473 $ — $ 2,875,591 Cost of sales and operating expenses 1,443,640 574,905 226,542 — 2,245,087 Gross margin 380,355 195,218 54,931 — 630,504 Loss/(gain) on sale of assets 337 (257) (432) — (352) Selling, general and administrative expenses 151,153 60,588 17,154 39,979 268,874 Acquisition and integration costs — — — 5,184 5,184 Change in fair value of contingent consideration (58,371) — — — (58,371) Depreciation and amortization 174,013 56,240 17,390 4,471 252,114 Equity in net income of Diamond Green Diesel — — 122,616 — 122,616 Segment operating income/(loss) 113,223 78,647 143,435 (49,634) 285,671 Equity in net income of other unconsolidated subsidiaries 5,327 — — — 5,327 Segment income/(loss) 118,550 78,647 143,435 (49,634) 290,998 Total other expense (123,364) Income before income taxes $ 167,634 Segment assets at June 29, 2024 $ 4,367,740 $ 2,277,464 $ 2,684,602 $ 1,290,843 $ 10,620,649 Feed Ingredients Food Ingredients Fuel Ingredients Corporate Total Six Months Ended July 1, 2023 Net sales $ 2,379,155 $ 872,485 $ 297,153 $ — $ 3,548,793 Cost of sales and operating expenses 1,826,485 661,210 238,980 — 2,726,675 Gross margin 552,670 211,275 58,173 — 822,118 Gain on sale of assets (20) (19) (29) — (68) Selling, general and administrative expenses 152,097 66,806 11,163 42,151 272,217 Restructuring and asset impairment charges 92 5,328 — — 5,420 Acquisition and integration costs — — — 8,728 8,728 Change in fair value of contingent consideration (7,499) — — — (7,499) Depreciation and amortization 172,895 42,918 16,960 5,319 238,092 Equity in net income of Diamond Green Diesel — — 307,301 — 307,301 Segment operating income/(loss) 235,105 96,242 337,380 (56,198) 612,529 Equity in net income of other unconsolidated subsidiaries 1,969 — — — 1,969 Segment income/(loss) 237,074 96,242 337,380 (56,198) 614,498 Total other expense (101,760) Income before income taxes $ 512,738 Segment assets at December 30, 2023 $ 4,702,593 $ 2,646,702 $ 2,589,145 $ 1,122,644 $ 11,061,084

Revenue (Tables)

Revenue (Tables)	6 Months Ended
	Jun. 29, 2024
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	The following tables present the Company revenues disaggregated by geographic area and major product types by reportable segment for the three and six months ended June 29, 2024 and July 1, 2023 (in thousands): Three Months Ended June 29, 2024 Feed Ingredients Food Ingredients Fuel Ingredients Total Geographic Area North America $ 719,783 $ 100,562 $ — $ 820,345 Europe 107,777 166,102 142,304 416,183 China 8,058 61,927 — 69,985 South America 94,908 37,173 — 132,081 Other 3,621 13,077 — 16,698 Net sales $ 934,147 $ 378,841 $ 142,304 $ 1,455,292 Major product types Fats $ 314,675 $ 38,074 $ — $ 352,749 Used cooking oil 96,126 — — 96,126 Proteins 382,556 — — 382,556 Bakery 48,504 — — 48,504 Other rendering 79,541 — — 79,541 Food ingredients — 315,317 — 315,317 Bioenergy — — 142,304 142,304 Other 12,745 25,450 — 38,195 Net sales $ 934,147 $ 378,841 $ 142,304 $ 1,455,292 Six Months Ended June 29, 2024 Feed Ingredients Food Ingredients Fuel Ingredients Total Geographic Area North America $ 1,411,629 $ 207,626 $ — $ 1,619,255 Europe 208,570 335,555 281,473 825,598 China 12,836 123,396 — 136,232 South America 183,753 77,446 — 261,199 Other 7,207 26,100 — 33,307 Net sales $ 1,823,995 $ 770,123 $ 281,473 $ 2,875,591 Major product types Fats $ 625,922 $ 76,364 $ — $ 702,286 Used cooking oil 171,926 — — 171,926 Proteins 750,156 — — 750,156 Bakery 93,404 — — 93,404 Other rendering 156,242 — — 156,242 Food ingredients — 646,348 — 646,348 Bioenergy — — 281,473 281,473 Other 26,345 47,411 — 73,756 Net sales $ 1,823,995 $ 770,123 $ 281,473 $ 2,875,591 Three Months Ended July 1, 2023 Feed Ingredients Food Ingredients Fuel Ingredients Total Geographic Area North America $ 946,100 $ 101,388 $ — $ 1,047,488 Europe 96,064 227,193 139,867 463,124 China 6,160 71,414 — 77,574 South America 90,293 54,493 — 144,786 Other 3,044 21,605 — 24,649 Net sales $ 1,141,661 $ 476,093 $ 139,867 $ 1,757,621 Major product types Fats $ 405,287 $ 38,207 $ — $ 443,494 Used cooking oil 146,275 — — 146,275 Proteins 435,956 — — 435,956 Bakery 67,263 — — 67,263 Other rendering 70,265 — — 70,265 Food ingredients — 412,307 — 412,307 Bioenergy — — 139,867 139,867 Other 16,615 25,579 — 42,194 Net sales $ 1,141,661 $ 476,093 $ 139,867 $ 1,757,621 Six Months Ended July 1, 2023 Feed Ingredients Food Ingredients Fuel Ingredients Total Geographic Area North America $ 1,971,857 $ 200,739 $ — $ 2,172,596 Europe 206,316 417,466 297,153 920,935 China 11,503 148,785 — 160,288 South America 183,832 65,277 — 249,109 Other 5,647 40,218 — 45,865 Net sales $ 2,379,155 $ 872,485 $ 297,153 $ 3,548,793 Major product types Fats $ 895,605 $ 83,195 $ — $ 978,800 Used cooking oil 283,968 — — 283,968 Proteins 883,103 — — 883,103 Bakery 142,196 — — 142,196 Other rendering 140,079 — — 140,079 Food ingredients — 731,448 — 731,448 Bioenergy — — 297,153 297,153 Other 34,204 57,842 — 92,046 Net sales $ 2,379,155 $ 872,485 $ 297,153 $ 3,548,793

Cash Flow Information (Tables)

Cash Flow Information (Tables)	6 Months Ended
	Jun. 29, 2024
Nonmonetary Transactions [Abstract]
Schedule of Cash Flow, Supplemental Disclosures	The following table sets forth supplemental cash flow information and non-cash transactions (in thousands): Six Months Ended June 29, 2024 July 1, 2023 Supplemental disclosure of cash flow information: Change in accrued capital expenditures $ (27,299) $ (6,375) Cash paid during the period for: Interest, net of capitalized interest $ 127,264 $ 105,420 Income taxes, net of refunds $ 55,839 $ 87,966 Non-cash operating activities Operating lease right of use asset obtained in exchange for new lease liabilities $ 33,857 $ 46,549 Non-cash financing activities Debt issued for assets $ (2,205) $ (50)

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 29, 2024	Jul. 01, 2023	Jun. 29, 2024	Jul. 01, 2023	Dec. 30, 2023	Dec. 31, 2022
Summary of Significant Accounting Policies [Line Items]
Financing Receivable, Sale	$ 158,200	$ 130,600	$ 295,600	$ 292,000
Financing Receivable, Significant Sales, Transaction Fees	2,300	1,700	4,500	3,700
Basic:
Net income	$ 78,866	$ 252,383	$ 160,023	$ 438,184
Shares (in shares)	159,815,000	159,810,000	159,813,000	159,978,000
Per Share (in usd per share)	$ 0.49	$ 1.58	$ 1	$ 2.74
Effect of dilutive securities: [Abstract]
Add: Option shares in the money and dilutive effect of non-vested stock (in shares)	2,881,000	3,308,000	2,968,000	3,363,000
Less: Pro forma treasury shares (in shares)	(991,000)	(748,000)	(976,000)	(748,000)
Diluted:
Net Income	$ 78,866	$ 252,383	$ 160,023	$ 438,184
Shares (in shares)	161,705,000	162,370,000	161,805,000	162,593,000
Per Share (in usd per share)	$ 0.49	$ 1.55	$ 0.99	$ 2.69
Antidilutive Securities [Abstract]
Cash and cash equivalents	$ 121,587		$ 121,587		$ 126,502
Restricted cash	26,290		26,290		292
Restricted cash included in other long-term assets	117,715		117,715		137,656
Total cash, cash equivalents and restricted cash shown in the statement of cash flows	$ 265,592	$ 244,119	265,592	$ 244,119	264,450	$ 150,168
Revision of Prior Period, Error Correction, Adjustment
Antidilutive Securities [Abstract]
Net income period adjustments			$ 17,900
Revision of Prior Period, Error Correction, Adjustment | Overstatement
Antidilutive Securities [Abstract]
Inventory adjustments					$ 25,100
Stock Options
Antidilutive Securities [Abstract]
Antidilutive securities excluded from computation of earnings per share (in shares)	0	0	0	0
Non Vested Stock
Antidilutive Securities [Abstract]
Antidilutive securities excluded from computation of earnings per share (in shares)	763,104	478,289	718,563	450,248

Investment in Unconsolidated _3

Investment in Unconsolidated Subsidiary (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended		6 Months Ended
	Jul. 31, 2024	Jun. 29, 2024	Jul. 01, 2023	Jun. 29, 2024	Jul. 01, 2023	Dec. 30, 2023	Jan. 21, 2011
Schedule of Equity Method Investments [Line Items]
Investment in the joint venture		$ 2,415,502		$ 2,415,502		$ 2,251,629
Income (loss) from equity method investments		3,017	$ 1,849	5,327	$ 1,969
Capital contribution				90,000	75,000
Distributions of earnings from Diamond Green Diesel and other unconsolidated subsidiaries				0	103,794
Unsecured Debt | Diamond Green Diesel Holdings LLC Joint Venture
Schedule of Equity Method Investments [Line Items]
Line of credit outstanding		0		0
Diamond Green Diesel Holdings LLC Joint Venture
Schedule of Equity Method Investments [Line Items]
Ownership percentage							50%
Investment in the joint venture		2,347,200		2,347,200
Income (loss) from equity method investments		44,200	213,000	122,600	307,300
Income tax credits and adjustments		$ 308,200	$ 387,500	639,200	633,500
Capital contribution				90,000	75,000
Distributions of earnings from Diamond Green Diesel and other unconsolidated subsidiaries				$ 0	$ 101,400
Diamond Green Diesel Holdings LLC Joint Venture | Subsequent Event
Schedule of Equity Method Investments [Line Items]
Distributions of earnings from Diamond Green Diesel and other unconsolidated subsidiaries	$ 77,100
Diamond Green Diesel Holdings LLC Joint Venture | Valero Energy Corporation
Schedule of Equity Method Investments [Line Items]
Ownership percentage							50%

Investment in Unconsolidated _4

Investment in Unconsolidated Subsidiary (Assets, Liabilities and members' equity) (Details) - USD ($) $ in Thousands	Jun. 29, 2024	Mar. 30, 2024	Dec. 31, 2023	Dec. 30, 2023	Jul. 01, 2023	Apr. 01, 2023	Dec. 31, 2022
ASSETS
Assets, Current	$ 1,507,517			$ 1,855,666
Property, Plant and Equipment, Net	2,840,682			2,935,185
Other assets	218,810			234,960
Segment Assets	10,620,649			11,061,084
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current portion of long-term debt	92,258			60,703
Other non-current liabilities	240,416			349,809
Members equity	4,542,613	$ 4,682,990		4,693,691	$ 4,450,563	$ 4,121,599	$ 3,896,490
Liabilities and equity	10,620,649			$ 11,061,084
Diamond Green Diesel Holdings LLC Joint Venture
ASSETS
Assets, Current	1,849,534		$ 1,877,430
Property, Plant and Equipment, Net	3,888,370		3,838,800
Other assets	122,629		89,697
Segment Assets	5,860,533		5,805,927
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current portion of long-term debt	29,251		278,639
Other current liabilities	404,090		417,918
Long term debt	722,346		737,097
Other non-current liabilities	17,189		16,996
Members equity	4,687,657		4,355,277
Liabilities and equity	$ 5,860,533		$ 5,805,927

Investment in Unconsolidated _5

Investment in Unconsolidated Subsidiary (Revenues and Expenses) (Details) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 29, 2024	Mar. 30, 2024	Jul. 01, 2023	Apr. 01, 2023	Jun. 29, 2024	Jul. 01, 2023
Revenues:
Operating revenues	$ 1,455,292		$ 1,757,621		$ 2,875,591	$ 3,548,793
Expenses:
Cost of sales and operating expenses	1,128,421		1,359,702		2,245,087	2,726,675
Total costs and expenses	1,350,987		1,613,901		2,712,536	3,243,565
Operating income	148,502		356,684		285,671	612,529
Income before income taxes	82,139		295,909		167,634	512,738
Income tax expense	774		40,712		4,681	67,686
Net income	81,365	$ 81,588	255,197	$ 189,855	162,953	445,052
Diamond Green Diesel Holdings LLC Joint Venture
Revenues:
Operating revenues	1,184,076		2,246,111		2,595,191	3,926,161
Expenses:
Cost of sales and operating expenses	1,014,927		1,751,315		2,174,283	3,172,719
Lower of cost or market (LCM) inventory valuation adjustment	15,866		0		37,504	0
Depreciation, amortization and accretion expense	61,910		58,315		127,200	116,922
Total costs and expenses	1,092,703		1,809,630		2,338,987	3,289,641
Operating income	91,373		436,481		256,204	636,520
Other income	6,058		2,121		9,278	4,162
Interest and debt expense, net	(9,037)		(12,674)		(20,279)	(26,080)
Income before income taxes	88,394		425,928		245,203	614,602
Income tax expense	0		0		(29)	0
Net income	$ 88,394		$ 425,928		$ 245,232	$ 614,602

Acquisitions (Details)

Acquisitions (Details) $ in Thousands, € in Millions

3 Months Ended

6 Months Ended

Jan. 31, 2024 USD ($)

Jan. 31, 2024 EUR (€)

Mar. 31, 2023 USD ($) facilities

Mar. 31, 2023 BRL (R$)

Aug. 01, 2022 USD ($) facilities

Aug. 01, 2022 BRL (R$)

Jun. 29, 2024 USD ($)

Mar. 30, 2024 USD ($)

Jul. 01, 2023 USD ($)

Jun. 29, 2024 USD ($)

Jul. 01, 2023 USD ($)

Dec. 30, 2023 USD ($)

Aug. 01, 2022 BRL (R$) facilities

Business Acquisition [Line Items]

Acquisition and integration costs

$ 1,130

$ 1,706

$ 5,184

$ 8,728

Net sales

1,455,292

1,757,621

2,875,591

3,548,793

Net income attributable to Darling

78,866

252,383

160,023

438,184

Goodwill

2,418,274

2,418,274

$ 2,484,502

Goodwill, Purchase Accounting Adjustments

9,147

South America

Business Acquisition [Line Items]

Net sales

132,081

$ 144,786

261,199

$ 249,109

Senior Secured Facilities | Revolving Credit Facility

Business Acquisition [Line Items]

Line of credit outstanding

515,000

515,000

Senior Secured Facilities | Term A-4 Facility

Business Acquisition [Line Items]

Line of credit outstanding

$ 500,000

Senior Secured Facilities | Term A-3 Facility

Business Acquisition [Line Items]

Line of credit outstanding

300,000

FASA Group

Business Acquisition [Line Items]

Property, plant and equipment

$ 224,384

Other noncurrent liabilities

$ (503)

Acquired Finite-lived Intangible Assets, Weighted Average Useful Life

11 years 4 months 24 days

11 years 4 months 24 days

Payments to Acquire Businesses, Gross

$ 562,600

R$ 2900000000

Business Combination, Number of Facilities Acquired | facilities

14

14

Business Combination, Purchase Price Adjustments

$ 7,100

Business Combination, Number of Facilities Acquired Under Construction | facilities

2

2

Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, Low | R$

R$ 0

Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High | R$

1,000,000,000

Business Combination, Contingent Consideration, Liability

$ 83,000

R$ 428200000

Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Future Earnings Growth Period

3 years

3 years

Goodwill

$ 301,937

Less hold-back

$ 21,705

Foreign Currency Exchange Rate

5.16

5.16

Deferred tax asset

$ 2,315

FASA Group | Collection Routes

Business Acquisition [Line Items]

Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles

$ 108,600

Acquired Finite-lived Intangible Assets, Weighted Average Useful Life

12 years

12 years

FASA Group | Trade Names

Business Acquisition [Line Items]

Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles

$ 10,900

Acquired Finite-lived Intangible Assets, Weighted Average Useful Life

5 years

5 years

Gelnex

Business Acquisition [Line Items]

Business combination, consideration transferred

853,300

R$ 4300000000

Property, plant and equipment

169,205

Other noncurrent liabilities

$ (19)

Acquired Finite-lived Intangible Assets, Weighted Average Useful Life

11 years 3 months 18 days

11 years 3 months 18 days

Payments to Acquire Businesses, Gross

$ 1,100,000

Business Combination, Purchase Price Adjustments

14,100

Net sales

68,900

134,800

Net income attributable to Darling

(15,700)

(51,800)

Goodwill

542,572

Goodwill, Purchase Accounting Adjustments

(9,100)

Less hold-back

104,145

Business Acquisition, Goodwill, Expected Tax Deductible Amount

425,000

Business Combination, Price of Acquisition, Expected

$ 1,200,000

Foreign Currency Exchange Rate

5.08

Increase in property, plant and equipment

13,700

Decrease in intangible assets

(9,500)

Increase in deferred tax liabilities

5,100

Increase in other assets and liabilities

$ 100

Payments to Acquire Businesses, Partial Payment

$ 243,500

Deferred tax asset

$ 9,067

$ 8,100

$ 8,100

Gelnex | South America

Business Acquisition [Line Items]

Business Combination, Number of Facilities Acquired | facilities

5

Gelnex | UNITED STATES

Business Acquisition [Line Items]

Business Combination, Number of Facilities Acquired | facilities

1

Gelnex | Trade Names

Business Acquisition [Line Items]

Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles

$ 8,500

Acquired Finite-lived Intangible Assets, Weighted Average Useful Life

5 years

5 years

Gelnex | Customer Relationships

Business Acquisition [Line Items]

Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles

$ 331,000

Acquired Finite-lived Intangible Assets, Weighted Average Useful Life

11 years 4 months 24 days

11 years 4 months 24 days

Miropasz

Business Acquisition [Line Items]

Property, plant and equipment

$ 21,200

Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles

$ 34,900

Acquired Finite-lived Intangible Assets, Weighted Average Useful Life

17 years

17 years

Payments to Acquire Businesses, Gross

$ 114,300

€ 105.6

Goodwill

62,900

Less hold-back

$ 7,600

€ 7

Foreign Currency Exchange Rate

1.082198

Business Combination, Recognized Indefinable Assets Acquired and Liabilities Assumed, Other Net Assets

$ 2,900

Acquisitions (Assets Acquired a

Acquisitions (Assets Acquired and Liabilities Assumed) (Details) - USD ($) $ in Thousands			6 Months Ended
	Mar. 31, 2023	Aug. 01, 2022	Jun. 29, 2024	Jul. 01, 2023	Dec. 30, 2023
Business Acquisition [Line Items]
Goodwill			$ 2,418,274		$ 2,484,502
Less contingent consideration			20,924		$ 86,495
Cash paid for acquisition, net of cash acquired			116,914	$ 1,079,083
FASA Group
Business Acquisition [Line Items]
Accounts receivable		$ 76,640
Inventories		43,058
Other current assets		33,327
Property, plant and equipment		224,384
Identifiable intangible assets		119,477
Goodwill		301,937
Operating lease right-of-use assets		583
Other assets		62,388
Deferred tax asset		2,315
Accounts payable		(15,920)
Current portion of long-term debt		(18,680)
Accrued expenses		(38,708)
Long-term debt, net of current portion		(41,926)
Long-term operating lease liabilities		(583)
Deferred tax liability		(95,653)
Other noncurrent liabilities		(503)
Non-controlling interests		(21,704)
Purchase price, net of cash acquired		630,432
Less hold-back		21,705
Less contingent consideration		82,984
Cash paid for acquisition, net of cash acquired		$ 525,743
Gelnex
Business Acquisition [Line Items]
Accounts receivable	$ 81,025
Inventories	140,865
Other current assets	3,143
Property, plant and equipment	169,205
Identifiable intangible assets	339,500
Goodwill	542,572
Operating lease right-of-use assets	134
Other assets	2,703
Deferred tax asset	9,067		$ 8,100
Accounts payable	(15,059)
Current operating lease liabilities	(26)
Current portion of long-term debt	(44,692)
Accrued expenses	(18,826)
Long-term debt, net of current portion	(1,407)
Long-term operating lease liabilities	(123)
Deferred tax liability	(12,870)
Other noncurrent liabilities	(19)
Purchase price, net of cash acquired	1,195,192
Less hold-back	104,145
Cash paid for acquisition, net of cash acquired	$ 1,091,047

Acquisitions (Pro Forma Informa

Acquisitions (Pro Forma Information) (Details) - Gelnex $ in Thousands	6 Months Ended
	Jul. 01, 2023 USD ($)
Business Acquisition [Line Items]
Business Acquisition, Pro Forma Revenue	$ 3,647,060
Business Acquisition, Pro Forma Net Income (Loss)	$ 447,831

Inventories (Details)

Inventories (Details) - USD ($) $ in Thousands	Jun. 29, 2024	Dec. 30, 2023
Inventory Disclosure [Abstract]
Finished product	$ 371,698	$ 448,245
Work in process	96,202	110,299
Raw Material	44,144	68,188
Supplies and other	115,648	132,007
Inventories	$ 627,692	$ 758,739

Intangible Assets (Details)

Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 29, 2024	Jul. 01, 2023	Jun. 29, 2024	Jul. 01, 2023	Dec. 30, 2023
Intangible Assets [Line Items]
Indefinite Lived Intangible Assets:	$ 51,721		$ 51,721		$ 52,507
Finite Lived Intangible Assets:	1,479,014		1,479,014		1,772,031
Accumulated Amortization:	(538,205)		(538,205)		(748,646)
Intangible Assets, Net (Excluding Goodwill)	992,530		992,530		1,075,892
Change in gross intangible assets			246,000
Amortization of Intangible Assets	28,400	$ 33,300	56,400	$ 59,500
Finite-Lived Intangible Assets Acquired			28,200
Trade Names
Intangible Assets [Line Items]
Indefinite Lived Intangible Assets:	51,721		51,721		52,507
Trade Names
Intangible Assets [Line Items]
Finite Lived Intangible Assets:	83,908		83,908		85,561
Accumulated Amortization:	(68,176)		(68,176)		(63,660)
Collection Routes
Intangible Assets [Line Items]
Finite Lived Intangible Assets:	741,608		741,608		746,868
Accumulated Amortization:	(242,991)		(242,991)		(241,960)
Royalty, consulting land use and leasehold
Intangible Assets [Line Items]
Finite Lived Intangible Assets:	22,498		22,498		20,613
Accumulated Amortization:	(6,062)		(6,062)		(5,698)
Permits
Intangible Assets [Line Items]
Finite Lived Intangible Assets:	324,808		324,808		559,483
Accumulated Amortization:	(185,634)		(185,634)		(407,713)
Noncompete Agreements
Intangible Assets [Line Items]
Finite Lived Intangible Assets:	295		295		395
Accumulated Amortization:	(262)		(262)		(345)
Customer Relationships
Intangible Assets [Line Items]
Finite Lived Intangible Assets:	305,897		305,897		359,111
Accumulated Amortization:	$ (35,080)		$ (35,080)		$ (29,270)

Goodwill (Details)

Goodwill (Details) $ in Thousands	6 Months Ended
	Jun. 29, 2024 USD ($)
Goodwill [Roll Forward]
Goodwill	$ 2,535,166
Accumulated impairment losses	(50,664)
Goodwill	2,484,502
Goodwill acquired during year	68,036
Measurement period adjustments	(9,147)
Foreign currency translation	(125,117)
Goodwill	2,468,938
Accumulated impairment losses	(50,664)
Goodwill	2,418,274
Feed Ingredients
Goodwill [Roll Forward]
Goodwill	1,487,236
Accumulated impairment losses	(15,914)
Goodwill	1,471,322
Goodwill acquired during year	62,907
Measurement period adjustments	0
Foreign currency translation	(53,109)
Goodwill	1,497,034
Accumulated impairment losses	(15,914)
Goodwill	1,481,120
Fuel Ingredients
Goodwill [Roll Forward]
Goodwill	147,223
Accumulated impairment losses	(31,580)
Goodwill	115,643
Goodwill acquired during year	5,129
Measurement period adjustments	0
Foreign currency translation	(4,085)
Goodwill	148,267
Accumulated impairment losses	(31,580)
Goodwill	116,687
Food Ingredients
Goodwill [Roll Forward]
Goodwill	900,707
Accumulated impairment losses	(3,170)
Goodwill	897,537
Goodwill acquired during year	0
Measurement period adjustments	(9,147)
Foreign currency translation	(67,923)
Goodwill	823,637
Accumulated impairment losses	(3,170)
Goodwill	$ 820,467

Accrued Expense (Details)

Accrued Expense (Details) - USD ($) $ in Thousands	Jun. 29, 2024	Dec. 30, 2023
Payables and Accruals [Abstract]
Compensation and benefits	$ 128,674	$ 156,357
Accrued operating expenses	76,049	86,278
Other accrued expense	245,462	198,364
Accrued expenses	$ 450,185	$ 440,999

Debt (Schedule of Long-term Deb

Debt (Schedule of Long-term Debt) (Details) $ in Thousands, € in Millions	Jun. 29, 2024 USD ($)	Jun. 29, 2024 EUR (€)	Dec. 30, 2023 USD ($)	Mar. 31, 2023 USD ($)
Debt Instrument [Line Items]
Debt and Lease Obligation	$ 4,409,387		$ 4,427,073
Current portion of long-term debt	92,258		60,703
Long-term debt, net of current portion	4,317,129		4,366,370
Term A-1 Facility | Senior Secured Facilities
Debt Instrument [Line Items]
Long-term debt	397,544		399,454
Long-term Debt, Gross	398,000		400,000
Unamortized Debt Issuance Expense	(456)		(546)
Term A-2 Facility | Senior Secured Facilities
Debt Instrument [Line Items]
Long-term debt	474,360		480,479
Long-term Debt, Gross	475,000		481,250
Unamortized Debt Issuance Expense	(640)		(771)
Term A-3 Facility | Senior Secured Facilities
Debt Instrument [Line Items]
Line of credit outstanding				$ 300,000
Long-term debt	297,803		299,168
Long-term Debt, Gross	298,500		300,000
Unamortized Debt Issuance Expense	(697)		(832)
Term A-4 Facility | Senior Secured Facilities
Debt Instrument [Line Items]
Line of credit outstanding				$ 500,000
Long-term debt	483,541		489,623
Long-term Debt, Gross	484,375		490,625
Unamortized Debt Issuance Expense	(834)		(1,002)
Senior Notes | Senior Notes 6% Due 2030
Debt Instrument [Line Items]
Long-term debt	993,970		993,559
Long-term Debt, Gross	1,000,000		1,000,000
Less unamortized deferred loan costs net of bond premium	$ (6,030)		(6,441)
Stated interest rate	6%	6%
Debt instrument, interest rate, effective percentage	6.12%	6.12%
Senior Notes | Senior Notes 5.25% Due 2027
Debt Instrument [Line Items]
Long-term debt	$ 497,208		496,751
Long-term Debt, Gross	500,000		500,000
Unamortized Debt Issuance Expense	$ (2,792)		(3,249)
Stated interest rate	5.25%	5.25%
Debt instrument, interest rate, effective percentage	5.47%	5.47%
Senior Notes | Senior Notes 3.625% Due 2026
Debt Instrument [Line Items]
Line of credit outstanding | €		€ 515
Long-term debt	$ 549,481		566,312
Long-term Debt, Gross	551,617		569,075
Unamortized Debt Issuance Expense	$ (2,136)		(2,763)
Stated interest rate	3.625%	3.625%
Debt instrument, interest rate, effective percentage	3.83%	3.83%
Notes Payable, Other Payables
Debt Instrument [Line Items]
Long-term debt	$ 108,370		90,852
Revolving Credit Facility | Line of Credit | Senior Secured Facilities
Debt Instrument [Line Items]
Line of credit outstanding	107,100	€ 100	82,900
Long-term debt	$ 607,110		$ 610,875

Debt - Narrative (Details)

Debt - Narrative (Details) $ in Thousands, € in Millions	3 Months Ended	6 Months Ended
	Jun. 29, 2024 USD ($)	Jun. 29, 2024 USD ($)	Jun. 29, 2024 EUR (€)	Dec. 30, 2023 USD ($)	Mar. 31, 2023 USD ($)
Debt Instrument [Line Items]
Finance lease obligations	$ 3,900	$ 3,900	€ 7.2
Notes Payable, Other Payables
Debt Instrument [Line Items]
Long-term debt	108,370	108,370		$ 90,852
Senior Secured Facilities | Term A-1 Facility
Debt Instrument [Line Items]
Long-term debt	397,544	397,544		399,454
Senior Secured Facilities | Term A-1 Facility | Secured Overnight Financing Rate (SOFR)
Debt Instrument [Line Items]
Line of credit outstanding	398,000	398,000
Senior Secured Facilities | Term A-2 Facility
Debt Instrument [Line Items]
Long-term debt	474,360	474,360		480,479
Senior Secured Facilities | Term A-2 Facility | Secured Overnight Financing Rate (SOFR)
Debt Instrument [Line Items]
Line of credit outstanding	475,000	475,000
Senior Secured Facilities | Term A-3 Facility
Debt Instrument [Line Items]
Line of credit outstanding					$ 300,000
Long-term debt	297,803	297,803		299,168
Senior Secured Facilities | Term A-3 Facility | Secured Overnight Financing Rate (SOFR)
Debt Instrument [Line Items]
Line of credit outstanding	298,500	298,500
Senior Secured Facilities | Term A-4 Facility
Debt Instrument [Line Items]
Line of credit outstanding					$ 500,000
Long-term debt	483,541	483,541		489,623
Senior Secured Facilities | Term A-4 Facility | Secured Overnight Financing Rate (SOFR)
Debt Instrument [Line Items]
Line of credit outstanding	$ 484,400	$ 484,400
Senior Notes 3.625% Due 2026 | Senior Notes
Debt Instrument [Line Items]
Line of credit outstanding | €			€ 515
Stated interest rate	3.625%	3.625%	3.625%
Long-term debt	$ 549,481	$ 549,481		566,312
Bank Overdrafts | Notes Payable, Other Payables
Debt Instrument [Line Items]
Long-term debt	47,300	47,300
Brazilian Notes | Notes Payable, Other Payables
Debt Instrument [Line Items]
Long-term debt	30,500	30,500
Other Debt | Notes Payable, Other Payables
Debt Instrument [Line Items]
Long-term debt	$ 28,600	$ 28,600
Senior Notes 6% Due 2030 | Senior Notes
Debt Instrument [Line Items]
Stated interest rate	6%	6%	6%
Long-term debt	$ 993,970	$ 993,970		993,559
Senior Notes 5.25% Due 2027 | Senior Notes
Debt Instrument [Line Items]
Stated interest rate	5.25%	5.25%	5.25%
Long-term debt	$ 497,208	$ 497,208		496,751
Revolving Credit Facility | Senior Secured Facilities
Debt Instrument [Line Items]
Company availability under revolving loan facility	814,400	814,400
Revolving Credit Facility | Senior Secured Facilities | Base Rate
Debt Instrument [Line Items]
Line of credit outstanding	5,000	5,000
Revolving Credit Facility | Senior Secured Facilities | Secured Overnight Financing Rate (SOFR)
Debt Instrument [Line Items]
Line of credit outstanding	495,000	495,000
Revolving Credit Facility | Senior Secured Facilities | EURIBOR
Debt Instrument [Line Items]
Line of credit outstanding | €			€ 100
Revolving Credit Facility | Senior Secured Facilities | Line of Credit
Debt Instrument [Line Items]
Line of credit outstanding	107,100	107,100	€ 100	82,900
Long-term debt	607,110	607,110		$ 610,875
Foreign Line of Credit | Notes Payable, Other Payables
Debt Instrument [Line Items]
Line of credit outstanding	2,000	2,000
Foreign Line of Credit | Senior Secured Facilities
Debt Instrument [Line Items]
Line of credit outstanding	$ 11,300	$ 11,300
Secured Debt | Senior Secured Facilities | Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate		0.50%
Interest rate	9%	9%	9%
Secured Debt | Senior Secured Facilities | Secured Overnight Financing Rate (SOFR)
Debt Instrument [Line Items]
Basis spread on variable rate		1.50%
Interest rate	6.94272%	6.94272%	6.94272%
Secured Debt | Senior Secured Facilities | EURIBOR
Debt Instrument [Line Items]
Basis spread on variable rate		1.50%
Interest rate	5.14365%	5.14365%	5.14365%
Secured Debt | Senior Secured Facilities | Secured Debt
Debt Instrument [Line Items]
Basis spread on variable rate	1.50%
Secured Debt | Senior Secured Facilities | Secured Debt | Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate	0.50%
Secured Debt | Term A-1 Facility | Secured Overnight Financing Rate (SOFR)
Debt Instrument [Line Items]
Basis spread on variable rate		1.625%
Interest rate	7.06893%	7.06893%	7.06893%
Secured Debt | Term A-2 Facility | Secured Overnight Financing Rate (SOFR)
Debt Instrument [Line Items]
Basis spread on variable rate		1.50%
Interest rate	6.94393%	6.94393%	6.94393%
Secured Debt | Term A-3 Facility | Secured Overnight Financing Rate (SOFR)
Debt Instrument [Line Items]
Basis spread on variable rate		1.625%
Interest rate	7.06893%	7.06893%	7.06893%
Secured Debt | Term A-4 Facility | Secured Overnight Financing Rate (SOFR)
Debt Instrument [Line Items]
Basis spread on variable rate		1.50%
Interest rate	6.94393%	6.94393%	6.94393%
Term A-1 Facility | Senior Secured Facilities | Secured Debt | Secured Overnight Financing Rate (SOFR)
Debt Instrument [Line Items]
Basis spread on variable rate	1.625%
Term A-2 Facility | Senior Secured Facilities | Secured Debt | Secured Overnight Financing Rate (SOFR)
Debt Instrument [Line Items]
Basis spread on variable rate	1.50%
Ancillary Facilities | Senior Secured Facilities
Debt Instrument [Line Items]
Line of credit outstanding	$ 77,500	$ 77,500
Letter of Credit | Senior Secured Facilities
Debt Instrument [Line Items]
Line of credit outstanding	1,000	1,000
Domestic Line of Credit | Senior Secured Facilities
Debt Instrument [Line Items]
Line of credit outstanding	$ 8,900	$ 8,900

Other Noncurrent Liabilities (D

Other Noncurrent Liabilities (Details) - USD ($) $ in Thousands	Jun. 29, 2024	Dec. 30, 2023
Other Liabilities Disclosure [Abstract]
Accrued pension liability	$ 20,541	$ 20,721
Reserve for self-insurance, litigation, environmental and tax matters	75,000	100,354
Long-term acquisition hold-backs	119,794	137,913
Less contingent consideration	20,924	86,495
Other	4,157	4,326
Other non-current liabilities	$ 240,416	$ 349,809

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	Jun. 29, 2024	Jul. 01, 2023
Income Tax Disclosure [Abstract]
Unrecognized tax benefits	$ 13.6	$ 19.1
Income tax penalties and interest accrued	$ 1.7	$ 1.3

Other Comprehensive Income (Sch

Other Comprehensive Income (Schedule of OCI) (Details) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 29, 2024	Mar. 30, 2024	Jul. 01, 2023	Apr. 01, 2023	Jun. 29, 2024	Jul. 01, 2023
Before-Tax Amount:
Amortization of prior service cost	$ (6)		$ 0		$ (12)	$ 0
Amortization of actuarial loss	349		434		698	868
Total defined benefit pension plans	343		434		686	868
Foreign currency translation	(168,285)		82,696		(233,628)	139,555
Other comprehensive income (loss)	(203,727)		86,386		(315,705)	181,475
Tax (Expense) or Benefit:
Amortization of prior service cost	2		0		5	0
Amortization of actuarial loss	(83)		(107)		(167)	(214)
Total defined benefit pension plans	(81)		(107)		(162)	(214)
Foreign currency translation	247		(104)		920	(746)
Other comprehensive income (loss)	11,573		(2,252)		24,603	(13,333)
Net-of-Tax Amount:
Amortization of prior service cost	(4)		0		(7)	0
Amortization of actuarial loss	266		327		531	654
Total defined benefit pension plans	262		327		524	654
Foreign currency translation adjustments	(168,038)	$ (64,670)	82,592	$ 56,217	(232,708)	138,809
Total other comprehensive income/(loss), net of tax	(192,154)		84,134		(291,102)	168,142
Soybean Meal
Before-Tax Amount:
Loss (gain) reclassified to net income	0		(166)		(33)	(504)
Gain (loss) activity recognized in other comprehensive loss	0		(163)		0	(87)
Total swap derivatives	0		(329)		(33)	(591)
Tax (Expense) or Benefit:
Loss (gain) reclassified to net income	0		42		8	128
Gain (loss) activity recognized in other comprehensive loss	0		41		0	22
Total swap derivatives	0		83		8	150
Net-of-Tax Amount:
Loss (gain) reclassified to net income	0		(124)		(25)	(376)
Gain (loss) activity recognized in other comprehensive loss	0		(122)		0	(65)
Total swap derivatives	0		(246)		(25)	(441)
Corn Option
Before-Tax Amount:
Loss (gain) reclassified to net income	0		(653)		0	(1,537)
Gain (loss) activity recognized in other comprehensive loss	1,404		597		1,404	1,627
Total swap derivatives	1,404		(56)		1,404	90
Tax (Expense) or Benefit:
Loss (gain) reclassified to net income	0		165		0	390
Gain (loss) activity recognized in other comprehensive loss	(341)		(150)		(341)	(412)
Total swap derivatives	(341)		15		(341)	(22)
Net-of-Tax Amount:
Loss (gain) reclassified to net income	0		(488)		0	(1,147)
Gain (loss) activity recognized in other comprehensive loss	1,063		447		1,063	1,215
Total swap derivatives	1,063		(41)		1,063	68
Heating Oil Swaps And Options
Before-Tax Amount:
Gain (loss) activity recognized in other comprehensive loss	(4,507)		(23,292)		(46,426)	5,140
Total swap derivatives	(4,507)		(23,292)		(46,426)	5,140
Tax (Expense) or Benefit:
Gain (loss) activity recognized in other comprehensive loss	1,095		5,917		11,281	(1,305)
Total swap derivatives	1,095		5,917		11,281	(1,305)
Net-of-Tax Amount:
Gain (loss) activity recognized in other comprehensive loss	(3,412)		(17,375)		(35,145)	3,835
Total swap derivatives	(3,412)		(17,375)		(35,145)	3,835
Interest Rate Swap
Before-Tax Amount:
Loss (gain) reclassified to net income	(9,305)		(990)		(26,785)	866
Gain (loss) activity recognized in other comprehensive loss	5,026		13,867		27,891	12,976
Total swap derivatives	(4,279)		12,877		1,106	13,842
Tax (Expense) or Benefit:
Loss (gain) reclassified to net income	2,261		251		6,509	(220)
Gain (loss) activity recognized in other comprehensive loss	(1,222)		(3,522)		(6,778)	(3,296)
Total swap derivatives	1,039		(3,271)		(269)	(3,516)
Net-of-Tax Amount:
Loss (gain) reclassified to net income	(7,044)		(739)		(20,276)	646
Gain (loss) activity recognized in other comprehensive loss	3,804		10,345		21,113	9,680
Total swap derivatives	(3,240)	4,077	9,606	720	837	10,326
Foreign Exchange Contract
Before-Tax Amount:
Loss (gain) reclassified to net income	(1,399)		(7,459)		(7,395)	(12,273)
Gain (loss) activity recognized in other comprehensive loss	(27,004)		21,515		(31,419)	34,844
Total swap derivatives	(28,403)		14,056		(38,814)	22,571
Tax (Expense) or Benefit:
Loss (gain) reclassified to net income	462		2,539		2,508	4,176
Gain (loss) activity recognized in other comprehensive loss	9,152		(7,324)		10,658	(11,856)
Total swap derivatives	9,614		(4,785)		13,166	(7,680)
Net-of-Tax Amount:
Loss (gain) reclassified to net income	(937)		(4,920)		(4,887)	(8,097)
Gain (loss) activity recognized in other comprehensive loss	(17,852)		14,191		(20,761)	22,988
Total swap derivatives	$ (18,789)	$ (6,859)	$ 9,271	$ 5,620	$ (25,648)	$ 14,891

Other Comprehensive Income (Rec

Other Comprehensive Income (Reclassification out of AOCI) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 29, 2024	Jul. 01, 2023	Jun. 29, 2024	Jul. 01, 2023
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Net sales	$ 1,455,292	$ 1,757,621	$ 2,875,591	$ 3,548,793
Cost of sales and operating expenses	1,128,421	1,359,702	2,245,087	2,726,675
Income taxes	(774)	(40,712)	(4,681)	(67,686)
Amortization of prior service cost	(6)	0	(12)	0
Amortization of actuarial loss	349	434	698	868
Net income attributable to Darling	78,866	252,383	160,023	438,184
Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Net income attributable to Darling	7,719	5,944	24,664	8,320
Reclassification out of Accumulated Other Comprehensive Income [Member] | Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent [Member]
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Total before tax	10,704	9,268	34,213	13,448
Income taxes	(2,723)	(2,997)	(9,025)	(4,474)
Net income attributable to Darling	7,981	6,271	25,188	8,974
Reclassification out of Accumulated Other Comprehensive Income [Member] | Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent [Member] | Soybean Meal
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Net sales	0	166	33	504
Reclassification out of Accumulated Other Comprehensive Income [Member] | Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent [Member] | Foreign Exchange Contract
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Net sales	1,399	7,459	7,395	12,273
Reclassification out of Accumulated Other Comprehensive Income [Member] | Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent [Member] | Corn Option
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Cost of sales and operating expenses	0	653	0	1,537
Reclassification out of Accumulated Other Comprehensive Income [Member] | Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent [Member] | Interest Rate Swap
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Foreign currency gain	9,305	990	26,785	(866)
Reclassification out of Accumulated Other Comprehensive Income [Member] | Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Reclassification out of Accumulated Other Comprehensive Income [Line Items]
Total before tax	(343)	(434)	(686)	(868)
Income taxes	81	107	162	214
Amortization of prior service cost	6	0	12	0
Amortization of actuarial loss	(349)	(434)	(698)	(868)
Net income attributable to Darling	$ (262)	$ (327)	$ (524)	$ (654)

Other Comprehensive Income (S_2

Other Comprehensive Income (Schedule of AOCI) (Details) $ in Thousands	6 Months Ended
	Jun. 29, 2024 USD ($)
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Accumulated Other Comprehensive income/ (loss) December 30, 2023, attributable to Darling, net of tax	$ (198,346)
Other comprehensive income/ (loss) before reclassifications	(266,438)
Amounts reclassified from accumulated other comprehensive income/ (loss)	(24,664)
Net current-period other comprehensive income/ (loss)	(291,102)
Noncontrolling interest	1,224
Accumulated Other Comprehensive income/ (loss) June 29, 2024, attributable to Darling, net of tax	(490,672)
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Accumulated Other Comprehensive income/ (loss) December 30, 2023, attributable to Darling, net of tax	(231,678)
Other comprehensive income/ (loss) before reclassifications	(232,708)
Amounts reclassified from accumulated other comprehensive income/ (loss)	0
Net current-period other comprehensive income/ (loss)	(232,708)
Noncontrolling interest	1,224
Accumulated Other Comprehensive income/ (loss) June 29, 2024, attributable to Darling, net of tax	(465,610)
Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Accumulated Other Comprehensive income/ (loss) December 30, 2023, attributable to Darling, net of tax	47,730
Other comprehensive income/ (loss) before reclassifications	(33,730)
Amounts reclassified from accumulated other comprehensive income/ (loss)	(25,188)
Net current-period other comprehensive income/ (loss)	(58,918)
Noncontrolling interest	0
Accumulated Other Comprehensive income/ (loss) June 29, 2024, attributable to Darling, net of tax	(11,188)
Defined Benefit Pension Plans [Member]
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Accumulated Other Comprehensive income/ (loss) December 30, 2023, attributable to Darling, net of tax	(14,398)
Other comprehensive income/ (loss) before reclassifications	0
Amounts reclassified from accumulated other comprehensive income/ (loss)	524
Net current-period other comprehensive income/ (loss)	524
Noncontrolling interest	0
Accumulated Other Comprehensive income/ (loss) June 29, 2024, attributable to Darling, net of tax	$ (13,874)

Stockholders' Equity (Details)

Stockholders' Equity (Details) - USD ($)		3 Months Ended				6 Months Ended
	Jan. 03, 2024	Jun. 29, 2024	Mar. 30, 2024	Jul. 01, 2023	Apr. 01, 2023	Jun. 29, 2024	Jun. 20, 2024	Jun. 21, 2024
Class of Stock [Line Items]
Grants in Period (in shares)	162,913
Grants in period (in shares)	244,376
Annual vesting after initial cliff		33.33%				33.33%
Performance period two						3 years
Target percentage		100%				100%
Increase (decrease) in target percentage		225%				225%
Remaining authorized repurchase amount		$ 500,000,000				$ 500,000,000
Common stock repurchased		$ 29,629,000	$ 7,908,000	$ 9,891,000	$ 60,510,000		$ 29,200,000
Stock repurchase program, authorized amount								$ 500,000,000

Employee Benefit Plans (Details

Employee Benefit Plans (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 29, 2024 USD ($) plan	Jul. 01, 2023 USD ($)	Jun. 29, 2024 USD ($) plan	Jul. 01, 2023 USD ($)
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract]
Amount Company expects to contribute to its pension plans	$ 4,200		$ 4,200
Payment for pension benefits			$ 1,200	$ 1,600
Defined Benefit Plan, Additional Information [Abstract]
Number Of Multiemployer Plans, Withdrawal Obligation Could Be Material | plan	2		2
Number of Multiemployer Plans, Certified Red Zone | plan	5		5
Number Of Multiemployer Plans, Withdrawal Obligation | plan	4		4
Accrued liability representing the present value of scheduled withdrawal liability payments for under-funded multi-employer plan	$ 4,500		$ 4,500
Maximum
Defined Benefit Plan, Additional Information [Abstract]
Multiemployer Plan, Contributions To Individual Plan, Percent			5%
Pension Plan, Defined Benefit
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract]
Service cost	783	$ 683	$ 1,574	1,358
Interest cost	1,906	1,961	3,817	3,917
Expected return on plan assets	(1,806)	(1,805)	(3,616)	(3,608)
Amortization of prior service cost	(6)	0	(12)	0
Amortization of actuarial loss	349	434	698	868
Net pension cost	$ 1,226	$ 1,273	$ 2,461	$ 2,535

Derivatives (Forward Contracts

Derivatives (Forward Contracts Not Designated as Hedging Instruments) (Details) - Jun. 29, 2024 - Not Designated as Hedging Instrument € in Thousands, ¥ in Thousands, ¥ in Thousands, £ in Thousands, zł in Thousands, R$ in Thousands, $ in Thousands, $ in Thousands	USD ($)	EUR (€)	BRL (R$)	PLN (zł)	JPY (¥)	CNY (¥)	AUD ($)	GBP (£)
BRI/EUR 1 | Short
Derivative [Line Items]
Derivative notional amount | R$			R$ 294847
BRI/EUR 1 | Long
Derivative [Line Items]
Derivative notional amount | €		€ 52,652
BRI/USD | Short
Derivative [Line Items]
Derivative notional amount | R$			R$ 1848598
BRI/USD | Long
Derivative [Line Items]
Derivative notional amount | $	$ 342,861
EUR/USD | Short
Derivative [Line Items]
Derivative notional amount | €		24,406
EUR/USD | Long
Derivative [Line Items]
Derivative notional amount | $	26,432
EUR/PLN | Short
Derivative [Line Items]
Derivative notional amount | €		65,305
EUR/PLN | Long
Derivative [Line Items]
Derivative notional amount | zł				zł 281,945
EUR/JPN | Short
Derivative [Line Items]
Derivative notional amount | €		10,583
EUR/JPN | Long
Derivative [Line Items]
Derivative notional amount | ¥					¥ 1,795,505
EUR/CNY | Short
Derivative [Line Items]
Derivative notional amount | €		47,676
EUR/CNY | Long
Derivative [Line Items]
Derivative notional amount | ¥						¥ 371,600
EUR/AUD | Short
Derivative [Line Items]
Derivative notional amount		18,088					$ 201
EUR/AUD | Long
Derivative [Line Items]
Derivative notional amount		125					29,450
EUR/GBP | Short
Derivative [Line Items]
Derivative notional amount | €		3,532
EUR/GBP | Long
Derivative [Line Items]
Derivative notional amount | £								£ 2,994
PLN/EUR | Short
Derivative [Line Items]
Derivative notional amount | zł				26,822
PLN/EUR | Long
Derivative [Line Items]
Derivative notional amount | €		6,203
JPN/USD | Short
Derivative [Line Items]
Derivative notional amount | ¥					159,644
JPN/USD | Long
Derivative [Line Items]
Derivative notional amount | $	1,004
USD/JPN | Short
Derivative [Line Items]
Derivative notional amount | $	93
USD/JPN | Long
Derivative [Line Items]
Derivative notional amount | ¥					¥ 14,928
PLN/USD | Short
Derivative [Line Items]
Derivative notional amount | zł				zł 1,454
PLN/USD | Long
Derivative [Line Items]
Derivative notional amount | $	361
USD/AUD | Short
Derivative [Line Items]
Derivative notional amount | $							$ 359
USD/AUD | Long
Derivative [Line Items]
Derivative notional amount | $	239
GBP/USD | Short
Derivative [Line Items]
Derivative notional amount | £								276
GBP/USD | Long
Derivative [Line Items]
Derivative notional amount | $	350
USD/EUR | Short
Derivative [Line Items]
Derivative notional amount | $	$ 562,340
USD/EUR | Long
Derivative [Line Items]
Derivative notional amount | €		519,182
GBP/EUR | Short
Derivative [Line Items]
Derivative notional amount | £								£ 188
GBP/EUR | Long
Derivative [Line Items]
Derivative notional amount | €		€ 222

Derivatives (Narrative) (Detail

Derivatives (Narrative) (Details) € in Millions	3 Months Ended				6 Months Ended
	Jun. 29, 2024 USD ($)	Mar. 30, 2024 USD ($)	Jul. 01, 2023 USD ($)	Apr. 01, 2023 USD ($)	Jun. 29, 2024 USD ($)	Jul. 01, 2023 USD ($)	Jun. 29, 2024 EUR (€)	Dec. 30, 2023 USD ($)
Derivative [Line Items]
Net income	$ 81,365,000	$ 81,588,000	$ 255,197,000	$ 189,855,000	$ 162,953,000	$ 445,052,000
Commodity Contract
Derivative [Line Items]
Forward purchase amount	165,600,000				165,600,000
Cash Flow Hedging
Derivative [Line Items]
Cash flow hedge gain (loss) to be reclassified within 12 months					19,100,000
Net income					0
Designated as Hedging Instrument | Foreign Exchange Contract
Derivative [Line Items]
Asset Derivatives Fair Value								$ 15,900,000
Derivative Liability, Subject to Master Netting Arrangement, before Offset	(17,400,000)				(17,400,000)
Designated as Hedging Instrument | Interest Rate Swap
Derivative [Line Items]
Asset Derivatives Fair Value	7,300,000				7,300,000			3,700,000
Derivative notional amount	$ 900,000,000				$ 900,000,000
Weighted Average Derivative Pay Rate	0.04007				0.04007		0.04007
Designated as Hedging Instrument | Cross Currency Interest Rate Contract
Derivative [Line Items]
Asset Derivatives Fair Value	$ 4,000,000				$ 4,000,000
Derivative notional amount | €							€ 519.2
Derivative Pay Rate	0.046				0.046		0.046
Weighted Average Derivative Receive Rate	0.05799				0.05799		0.05799
Derivative Liability, Subject to Master Netting Arrangement, before Offset								(10,800,000)
Designated as Hedging Instrument | Corn Option
Derivative [Line Items]
Asset Derivatives Fair Value	$ 1,500,000				$ 1,500,000			$ 0

Derivatives Derivative Effect o

Derivatives Derivative Effect of Derivatives Not Designated As Hedges (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 29, 2024	Jul. 01, 2023	Jun. 29, 2024	Jul. 01, 2023
Not Designated as Hedging Instrument
Derivative [Line Items]
Loss or (Gain) Recognized in Income on Derivatives Not Designated as Hedges	$ 6,318	$ (5,673)	$ 7,375	$ (7,260)
Foreign Exchange Contract | Foreign Currency Gain (Loss)
Derivative [Line Items]
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Foreign currency gain	Foreign currency gain	Foreign currency gain	Foreign currency gain
Foreign Exchange Contract | Sales
Derivative [Line Items]
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Net sales	Net sales	Net sales	Net sales
Foreign Exchange Contract | Cost of Sales
Derivative [Line Items]
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Cost of sales and operating expenses	Cost of sales and operating expenses	Cost of sales and operating expenses	Cost of sales and operating expenses
Foreign Exchange Contract | Selling, General and Administrative Expenses
Derivative [Line Items]
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Selling, general and administrative expenses	Selling, general and administrative expenses	Selling, general and administrative expenses	Selling, general and administrative expenses
Foreign Exchange Contract | Not Designated as Hedging Instrument | Foreign Currency Gain (Loss)
Derivative [Line Items]
Loss or (Gain) Recognized in Income on Derivatives Not Designated as Hedges	$ (194)	$ (2,036)	$ (850)	$ (1,236)
Foreign Exchange Contract | Not Designated as Hedging Instrument | Sales
Derivative [Line Items]
Loss or (Gain) Recognized in Income on Derivatives Not Designated as Hedges	158	(306)	642	(977)
Foreign Exchange Contract | Not Designated as Hedging Instrument | Cost of Sales
Derivative [Line Items]
Loss or (Gain) Recognized in Income on Derivatives Not Designated as Hedges	(107)	(103)	(299)	(120)
Foreign Exchange Contract | Not Designated as Hedging Instrument | Selling, General and Administrative Expenses
Derivative [Line Items]
Loss or (Gain) Recognized in Income on Derivatives Not Designated as Hedges	$ 8,091	$ (2,673)	$ 9,572	$ (4,058)
Corn options and futures | Sales
Derivative [Line Items]
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Net sales	Net sales	Net sales	Net sales
Corn options and futures | Cost of Sales
Derivative [Line Items]
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Cost of sales and operating expenses	Cost of sales and operating expenses	Cost of sales and operating expenses	Cost of sales and operating expenses
Corn options and futures | Not Designated as Hedging Instrument | Sales
Derivative [Line Items]
Loss or (Gain) Recognized in Income on Derivatives Not Designated as Hedges	$ 238	$ 1,111	$ 546	$ 1,382
Corn options and futures | Not Designated as Hedging Instrument | Cost of Sales
Derivative [Line Items]
Loss or (Gain) Recognized in Income on Derivatives Not Designated as Hedges	$ (1,868)	$ (2,191)	$ (2,236)	$ (2,608)
Heating Oil Swaps And Options
Derivative [Line Items]
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Selling, general and administrative expenses	Selling, general and administrative expenses	Selling, general and administrative expenses	Selling, general and administrative expenses
Heating Oil Swaps And Options | Not Designated as Hedging Instrument
Derivative [Line Items]
Loss or (Gain) Recognized in Income on Derivatives Not Designated as Hedges	$ 0	$ 0	$ 0	$ 49
Soybean Meal
Derivative [Line Items]
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Net sales	Net sales	Net sales	Net sales
Soybean Meal | Not Designated as Hedging Instrument
Derivative [Line Items]
Loss or (Gain) Recognized in Income on Derivatives Not Designated as Hedges	$ 0	$ 525	$ 0	$ 308

Fair Value Measurement (Details

Fair Value Measurement (Details) - USD ($) $ in Thousands	Jun. 29, 2024	Dec. 30, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative instruments	$ 17,916	$ 29,000
Total Assets	17,916	29,000
Derivative instruments	27,147	19,997
Less contingent consideration	20,924	86,495
Total Liabilities	4,314,055	4,428,868
Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative instruments	0	0
Total Assets	0	0
Derivative instruments	0	0
Less contingent consideration	0	0
Total Liabilities	0	0
Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative instruments	17,916	29,000
Total Assets	17,916	29,000
Derivative instruments	27,147	19,997
Less contingent consideration	0	0
Total Liabilities	4,293,131	4,342,373
Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative instruments	0	0
Total Assets	0	0
Derivative instruments	0	0
Less contingent consideration	20,924	86,495
Total Liabilities	20,924	86,495
Revolving Credit Facility
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes	601,039	604,766
Revolving Credit Facility | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes	0	0
Revolving Credit Facility | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes	601,039	604,766
Revolving Credit Facility | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes	0	0
Term A-2 Facility
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes	472,625	478,844
Term A-2 Facility | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes	0	0
Term A-2 Facility | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes	472,625	478,844
Term A-2 Facility | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes	0	0
Term A-1 Facility
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes	396,010	398,000
Term A-1 Facility | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes	0	0
Term A-1 Facility | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes	396,010	398,000
Term A-1 Facility | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes	0	0
Term A-3 Facility
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes	297,008	298,500
Term A-3 Facility | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes	0	0
Term A-3 Facility | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes	297,008	298,500
Term A-3 Facility | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes	0	0
Term A-4 Facility
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes	481,953	488,172
Term A-4 Facility | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes	0	0
Term A-4 Facility | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes	481,953	488,172
Term A-4 Facility | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes	0	0
Senior Notes 5.25% Due 2027 | Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes	488,100	493,100
Senior Notes 5.25% Due 2027 | Senior Notes | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes	0	0
Senior Notes 5.25% Due 2027 | Senior Notes | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes	488,100	493,100
Senior Notes 5.25% Due 2027 | Senior Notes | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes	0	0
Senior Notes 3.625% Due 2026 | Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes	543,949	560,994
Senior Notes 3.625% Due 2026 | Senior Notes | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes	0	0
Senior Notes 3.625% Due 2026 | Senior Notes | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes	543,949	560,994
Senior Notes 3.625% Due 2026 | Senior Notes | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes	0	0
Senior Notes 6% Due 2030 | Senior Notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes	985,300	1,000,000
Senior Notes 6% Due 2030 | Senior Notes | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes	0	0
Senior Notes 6% Due 2030 | Senior Notes | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes	985,300	1,000,000
Senior Notes 6% Due 2030 | Senior Notes | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes	$ 0	$ 0

Fair Value Measurement (Conting

Fair Value Measurement (Contingent Consideration) (Details) - Contingent Consideration $ in Thousands	6 Months Ended
	Jun. 29, 2024 USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Balance as of December 30, 2023	$ 86,495
Total included in earnings during period	(58,371)
Exchange rate changes	(7,200)
Balance as of June 29, 2024	$ 20,924

Restructuring and Asset Impai_2

Restructuring and Asset Impairment Charges (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 29, 2024	Jul. 01, 2023	Jun. 29, 2024	Jul. 01, 2023
Restructuring Cost and Reserve [Line Items]
Restructuring and asset impairment charges	$ 0	$ 896	$ 0	$ 5,420
Food Ingredients
Restructuring Cost and Reserve [Line Items]
Restructuring and asset impairment charges		896		5,328
Feed Ingredients
Restructuring Cost and Reserve [Line Items]
Restructuring and asset impairment charges		0		$ 92
Employee Severance | Food Ingredients
Restructuring Cost and Reserve [Line Items]
Restructuring and asset impairment charges		5,300
Employee Severance | Feed Ingredients
Restructuring Cost and Reserve [Line Items]
Restructuring and asset impairment charges		$ 100

Contingencies (Details)

Contingencies (Details) $ in Millions		1 Months Ended				3 Months Ended
	Jun. 30, 2018 Party	Oct. 31, 2022 USD ($)	Sep. 30, 2021 USD ($) mi	Nov. 30, 2019 USD ($)	Mar. 31, 2016 Party mi	Jun. 29, 2024 USD ($) contaminate	Dec. 30, 2023 USD ($)
Loss Contingencies [Line Items]
Area of land | mi			9		8.3
Number of parties | Party	100				100
Loss related to litigation settlement				$ 0.6
Number of contaminants | contaminate						8
Insurance Environmental and Litigation Matters
Loss Contingencies [Line Items]
Reserves for insurance, environmental and litigation contingencies						$ 96.6	$ 95.1
Insurance settlements receivable						36	$ 36
Pending Litigation
Loss Contingencies [Line Items]
Number of parties | Party	40
Plant, One
Loss Contingencies [Line Items]
Loss related to litigation settlement				0.3
Plant, Two
Loss Contingencies [Line Items]
Loss related to litigation settlement				$ 0.3
Lower Passaic River Area
Loss Contingencies [Line Items]
Estimate of possible loss			$ 441			1,380
Loss Contingency, Damages Paid, Value		$ 0.3
Lower Passaic River Area | Pending Litigation
Loss Contingencies [Line Items]
Estimate of possible loss						$ 165

Business Segments (Narrative) (

Business Segments (Narrative) (Details)	Jun. 29, 2024 segment
Segment Reporting [Abstract]
Number of Business Segments	3

Business Segments (Details)

Business Segments (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 29, 2024	Jul. 01, 2023	Jun. 29, 2024	Jul. 01, 2023	Dec. 30, 2023
Segment Reporting, Revenue Reconciling Item [Line Items]
Net sales	$ 1,455,292	$ 1,757,621	$ 2,875,591	$ 3,548,793
Cost of sales and operating expenses	1,128,421	1,359,702	2,245,087	2,726,675
Gross margin			630,504	822,118
Gain on sale of assets	222	259	(352)	(68)
Selling, general and administrative expenses	129,731	136,751	268,874	272,217
Restructuring and asset impairment charges	0	896	0	5,420
Acquisition and integration costs	1,130	1,706	5,184	8,728
Change in fair value of contingent consideration	(33,122)	(7,499)	(58,371)	(7,499)
Depreciation and amortization	124,605	122,086	252,114	238,092
Equity in net income of Diamond Green Diesel	44,197	212,964	122,616	307,301
Operating income	148,502	356,684	285,671	612,529
Equity in net income of other unconsolidated subsidiaries	3,017	1,849	5,327	1,969
Segment income/(loss)			290,998	614,498
Total other expense	(69,380)	(62,624)	(123,364)	(101,760)
Income before income taxes	82,139	295,909	167,634	512,738
Segment Assets	10,620,649		10,620,649		$ 11,061,084
Operating Segments
Segment Reporting, Revenue Reconciling Item [Line Items]
Net sales	1,455,292	1,757,621
Cost of sales and operating expenses	1,128,421	1,359,702
Gross margin	326,871	397,919
Gain on sale of assets	222	259
Selling, general and administrative expenses	129,731	136,751
Restructuring and asset impairment charges		896
Acquisition and integration costs	1,130	1,706
Change in fair value of contingent consideration	(33,122)	(7,499)
Depreciation and amortization	124,605	122,086
Equity in net income of Diamond Green Diesel	44,197	212,964
Operating income	148,502	356,684
Equity in net income of other unconsolidated subsidiaries	3,017	1,849
Segment income/(loss)	151,519	358,533
Feed Ingredients
Segment Reporting, Revenue Reconciling Item [Line Items]
Net sales	934,147	1,141,661	1,823,995	2,379,155
Cost of sales and operating expenses	737,871	876,413	1,443,640	1,826,485
Gross margin	196,276	265,248	380,355	552,670
Gain on sale of assets	205	322	337	(20)
Selling, general and administrative expenses	74,015	77,406	151,153	152,097
Restructuring and asset impairment charges		0		92
Acquisition and integration costs	0	0	0	0
Change in fair value of contingent consideration	(33,122)	(7,499)	(58,371)	(7,499)
Depreciation and amortization	86,444	82,575	174,013	172,895
Equity in net income of Diamond Green Diesel	0	0	0	0
Operating income	68,734	112,444	113,223	235,105
Equity in net income of other unconsolidated subsidiaries	3,017	1,849	5,327	1,969
Segment income/(loss)	71,751	114,293	118,550	237,074
Segment Assets	4,367,740		4,367,740		4,702,593
Food Ingredients
Segment Reporting, Revenue Reconciling Item [Line Items]
Net sales	378,841	476,093	770,123	872,485
Cost of sales and operating expenses	276,760	371,095	574,905	661,210
Gross margin	102,081	104,998	195,218	211,275
Gain on sale of assets	37	2	(257)	(19)
Selling, general and administrative expenses	28,844	33,684	60,588	66,806
Restructuring and asset impairment charges		896		5,328
Acquisition and integration costs	0	0	0	0
Change in fair value of contingent consideration	0	0	0	0
Depreciation and amortization	27,372	28,445	56,240	42,918
Equity in net income of Diamond Green Diesel	0	0	0	0
Operating income	45,828	41,971	78,647	96,242
Equity in net income of other unconsolidated subsidiaries	0	0	0	0
Segment income/(loss)	45,828	41,971	78,647	96,242
Segment Assets	2,277,464		2,277,464		2,646,702
Fuel Ingredients
Segment Reporting, Revenue Reconciling Item [Line Items]
Net sales	142,304	139,867	281,473	297,153
Cost of sales and operating expenses	113,790	112,194	226,542	238,980
Gross margin	28,514	27,673	54,931	58,173
Gain on sale of assets	(20)	(65)	(432)	(29)
Selling, general and administrative expenses	8,409	4,971	17,154	11,163
Restructuring and asset impairment charges		0		0
Acquisition and integration costs	0	0	0	0
Change in fair value of contingent consideration	0	0	0	0
Depreciation and amortization	8,723	8,567	17,390	16,960
Equity in net income of Diamond Green Diesel	44,197	212,964	122,616	307,301
Operating income	55,599	227,164	143,435	337,380
Equity in net income of other unconsolidated subsidiaries	0	0	0	0
Segment income/(loss)	55,599	227,164	143,435	337,380
Segment Assets	2,684,602		2,684,602		2,589,145
Corporate
Segment Reporting, Revenue Reconciling Item [Line Items]
Net sales	0	0	0	0
Cost of sales and operating expenses	0	0	0	0
Gross margin	0	0	0	0
Gain on sale of assets	0	0	0	0
Selling, general and administrative expenses	18,463	20,690	39,979	42,151
Restructuring and asset impairment charges		0		0
Acquisition and integration costs	1,130	1,706	5,184	8,728
Change in fair value of contingent consideration	0	0	0	0
Depreciation and amortization	2,066	2,499	4,471	5,319
Equity in net income of Diamond Green Diesel	0	0	0	0
Operating income	(21,659)	(24,895)	(49,634)	(56,198)
Equity in net income of other unconsolidated subsidiaries	0	0	0	0
Segment income/(loss)	(21,659)	$ (24,895)	(49,634)	$ (56,198)
Segment Assets	$ 1,290,843		$ 1,290,843		$ 1,122,644

Revenue Disaggregation of Reven

Revenue Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 29, 2024	Jul. 01, 2023	Jun. 29, 2024	Jul. 01, 2023
Disaggregation of Revenue [Line Items]
Net sales	$ 1,455,292	$ 1,757,621	$ 2,875,591	$ 3,548,793
Feed Ingredients
Disaggregation of Revenue [Line Items]
Net sales	934,147	1,141,661	1,823,995	2,379,155
Food Ingredients
Disaggregation of Revenue [Line Items]
Net sales	378,841	476,093	770,123	872,485
Fuel Ingredients
Disaggregation of Revenue [Line Items]
Net sales	142,304	139,867	281,473	297,153
North America
Disaggregation of Revenue [Line Items]
Net sales	820,345	1,047,488	1,619,255	2,172,596
North America | Feed Ingredients
Disaggregation of Revenue [Line Items]
Net sales	719,783	946,100	1,411,629	1,971,857
North America | Food Ingredients
Disaggregation of Revenue [Line Items]
Net sales	100,562	101,388	207,626	200,739
North America | Fuel Ingredients
Disaggregation of Revenue [Line Items]
Net sales	0	0	0	0
Europe
Disaggregation of Revenue [Line Items]
Net sales	416,183	463,124	825,598	920,935
Europe | Feed Ingredients
Disaggregation of Revenue [Line Items]
Net sales	107,777	96,064	208,570	206,316
Europe | Food Ingredients
Disaggregation of Revenue [Line Items]
Net sales	166,102	227,193	335,555	417,466
Europe | Fuel Ingredients
Disaggregation of Revenue [Line Items]
Net sales	142,304	139,867	281,473	297,153
China
Disaggregation of Revenue [Line Items]
Net sales	69,985	77,574	136,232	160,288
China | Feed Ingredients
Disaggregation of Revenue [Line Items]
Net sales	8,058	6,160	12,836	11,503
China | Food Ingredients
Disaggregation of Revenue [Line Items]
Net sales	61,927	71,414	123,396	148,785
China | Fuel Ingredients
Disaggregation of Revenue [Line Items]
Net sales	0	0	0	0
South America
Disaggregation of Revenue [Line Items]
Net sales	132,081	144,786	261,199	249,109
South America | Feed Ingredients
Disaggregation of Revenue [Line Items]
Net sales	94,908	90,293	183,753	183,832
South America | Food Ingredients
Disaggregation of Revenue [Line Items]
Net sales	37,173	54,493	77,446	65,277
South America | Fuel Ingredients
Disaggregation of Revenue [Line Items]
Net sales	0	0	0	0
Other
Disaggregation of Revenue [Line Items]
Net sales	16,698	24,649	33,307	45,865
Other | Feed Ingredients
Disaggregation of Revenue [Line Items]
Net sales	3,621	3,044	7,207	5,647
Other | Food Ingredients
Disaggregation of Revenue [Line Items]
Net sales	13,077	21,605	26,100	40,218
Other | Fuel Ingredients
Disaggregation of Revenue [Line Items]
Net sales	0	0	0	0
Fats
Disaggregation of Revenue [Line Items]
Net sales	352,749	443,494	702,286	978,800
Fats | Feed Ingredients
Disaggregation of Revenue [Line Items]
Net sales	314,675	405,287	625,922	895,605
Fats | Food Ingredients
Disaggregation of Revenue [Line Items]
Net sales	38,074	38,207	76,364	83,195
Fats | Fuel Ingredients
Disaggregation of Revenue [Line Items]
Net sales	0	0	0	0
Used cooking oil
Disaggregation of Revenue [Line Items]
Net sales	96,126	146,275	171,926	283,968
Used cooking oil | Feed Ingredients
Disaggregation of Revenue [Line Items]
Net sales	96,126	146,275	171,926	283,968
Used cooking oil | Food Ingredients
Disaggregation of Revenue [Line Items]
Net sales	0	0	0	0
Used cooking oil | Fuel Ingredients
Disaggregation of Revenue [Line Items]
Net sales	0	0	0	0
Proteins
Disaggregation of Revenue [Line Items]
Net sales	382,556	435,956	750,156	883,103
Proteins | Feed Ingredients
Disaggregation of Revenue [Line Items]
Net sales	382,556	435,956	750,156	883,103
Proteins | Food Ingredients
Disaggregation of Revenue [Line Items]
Net sales	0	0	0	0
Proteins | Fuel Ingredients
Disaggregation of Revenue [Line Items]
Net sales	0	0	0	0
Bakery
Disaggregation of Revenue [Line Items]
Net sales	48,504	67,263	93,404	142,196
Bakery | Feed Ingredients
Disaggregation of Revenue [Line Items]
Net sales	48,504	67,263	93,404	142,196
Bakery | Food Ingredients
Disaggregation of Revenue [Line Items]
Net sales	0	0	0	0
Bakery | Fuel Ingredients
Disaggregation of Revenue [Line Items]
Net sales	0	0	0	0
Other rendering
Disaggregation of Revenue [Line Items]
Net sales	79,541	70,265	156,242	140,079
Other rendering | Feed Ingredients
Disaggregation of Revenue [Line Items]
Net sales	79,541	70,265	156,242	140,079
Other rendering | Food Ingredients
Disaggregation of Revenue [Line Items]
Net sales	0	0	0	0
Other rendering | Fuel Ingredients
Disaggregation of Revenue [Line Items]
Net sales	0	0	0	0
Food ingredients
Disaggregation of Revenue [Line Items]
Net sales	315,317	412,307	646,348	731,448
Food ingredients | Feed Ingredients
Disaggregation of Revenue [Line Items]
Net sales	0	0	0	0
Food ingredients | Food Ingredients
Disaggregation of Revenue [Line Items]
Net sales	315,317	412,307	646,348	731,448
Food ingredients | Fuel Ingredients
Disaggregation of Revenue [Line Items]
Net sales	0	0	0	0
Bioenergy
Disaggregation of Revenue [Line Items]
Net sales	142,304	139,867	281,473	297,153
Bioenergy | Feed Ingredients
Disaggregation of Revenue [Line Items]
Net sales	0	0	0	0
Bioenergy | Food Ingredients
Disaggregation of Revenue [Line Items]
Net sales	0	0	0	0
Bioenergy | Fuel Ingredients
Disaggregation of Revenue [Line Items]
Net sales	142,304	139,867	281,473	297,153
Other
Disaggregation of Revenue [Line Items]
Net sales	38,195	42,194	73,756	92,046
Other | Feed Ingredients
Disaggregation of Revenue [Line Items]
Net sales	12,745	16,615	26,345	34,204
Other | Food Ingredients
Disaggregation of Revenue [Line Items]
Net sales	25,450	25,579	47,411	57,842
Other | Fuel Ingredients
Disaggregation of Revenue [Line Items]
Net sales	$ 0	$ 0	$ 0	$ 0

Revenue Revenue from Long-term

Revenue Revenue from Long-term Performance Obligations, Narrative (Details) $ in Millions	6 Months Ended
	Jun. 29, 2024 USD ($)
Revenue from Contract with Customer [Abstract]
Revenue recognized	$ 82.7

Revenue Revenue from Long-ter_2

Revenue Revenue from Long-term Performance Obligations (Details) - Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-03-29 $ in Millions	Jun. 29, 2024 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Expected timing of satisfaction	4 years
Remaining performance obligation	$ 684.4

Related Party Transactions (Det

Related Party Transactions (Details)				3 Months Ended				6 Months Ended
	Jun. 15, 2023 USD ($)	Apr. 01, 2021 USD ($) agreement	Mar. 30, 2019	Jun. 29, 2024 USD ($)	Mar. 30, 2024 USD ($)	Jul. 01, 2023 USD ($)	Apr. 01, 2023 USD ($)	Jun. 29, 2024 USD ($)	Jul. 01, 2023 USD ($)	Dec. 30, 2023 USD ($)	Feb. 29, 2020 USD ($) agreement	May 01, 2019 USD ($)
IMTT Terminaling Agreements
Related Party Transaction [Line Items]
Number Of Terminaling Agreements | agreement											2
Related Party, Unrecorded Unconditional Guarantee											$ 50,000,000
GTL Terminaling Agreements
Related Party Transaction [Line Items]
Number Of Terminaling Agreements | agreement		2
Related Party, Unrecorded Unconditional Guarantee		$ 160,000,000
Related Party, Initial Agreement Term		20 years
Diamond Green Diesel Holdings LLC Joint Venture
Related Party Transaction [Line Items]
Related Party Sales Eliminated								$ 55,700,000	$ 38,400,000
Deferred Revenue, Additions								9,500,000	8,100,000
Accounts receivable				$ 9,300,000				9,300,000		$ 172,300,000
Revenues				$ 234,600,000		$ 325,000,000		$ 481,300,000	$ 663,600,000
Diamond Green Diesel Holdings LLC Joint Venture | Revenue Benchmark | Customer Concentration Risk
Related Party Transaction [Line Items]
Concentration Risk, Percentage				16%		18%		17%	19%
Revolving Loan Agreement | Revolving Credit Facility
Related Party Transaction [Line Items]
Revolving Loan Agreement, Maximum Borrowing Capacity	$ 200,000,000											$ 50,000,000
Revolving Loan Agreement, Fair Value of Amount Outstanding				$ 0				$ 0		$ 0
Line Of Credit Facility, Amount Borrowed					$ 200,000,000		$ 50,000,000
Interest Expense, Long-term Debt				$ 0		$ 100,000		$ 1,600,000	$ 600,000
Revolving Loan Agreement | Lender One | Revolving Credit Facility
Related Party Transaction [Line Items]
Revolving Loan Agreement, Maximum Borrowing Capacity	$ 100,000,000											$ 25,000,000
Line Of Credit Facility, Amount Borrowed					$ 100,000,000		$ 25,000,000
LIBOR Rate | Revolving Loan Agreement | Revolving Credit Facility
Related Party Transaction [Line Items]
Basis spread on variable rate			2.50%
Secured Overnight Financing Rate (SOFR) | Revolving Loan Agreement | Revolving Credit Facility
Related Party Transaction [Line Items]
Basis spread on variable rate	2.50%

Nonmonetary Transactions (Detai

Nonmonetary Transactions (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 29, 2024	Jul. 01, 2023
Nonmonetary Transactions [Abstract]
Change in accrued capital expenditures	$ (27,299)	$ (6,375)
Interest, net of capitalized interest	127,264	105,420
Income taxes, net of refunds	55,839	87,966
Operating lease right of use asset obtained in exchange for new lease liabilities	33,857	46,549
Debt issued for assets	$ (2,205)	$ (50)