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Defined Benefit Pension Plans (Tables)
 12 Months Ended
Jan. 02, 2016
Text Block [Abstract]  
Components of Net Periodic Benefit Cost and Other Amounts Recognized in Other Comprehensive Loss
The components of net periodic benefit cost and other amounts recognized in other comprehensive income of the Company’s noncontributory defined benefit pension plans were as follows:
 
 
Years Ended
 
January 2,
2016
 
January 3,
2015
 
December 28,
2013
Service cost
$
2,478

 
$
1,903

 
$
1,565

Interest cost
49,202

 
48,768

 
44,174

Expected return on assets
(55,127
)
 
(52,515
)
 
(46,777
)
Settlement cost
25

 
130

 
—

Amortization of:
 
 
 
 
 
Prior service cost
22

 
40

 
35

Net actuarial loss
14,551

 
10,377

 
15,382

Net periodic benefit cost
$
11,151

 
$
8,703

 
$
14,379

 
 
 
 
 
 
Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Income (Loss)
 
 
 
 
 
Net (gain) loss
$
3,813

 
$
206,756

 
$
(155,314
)
Prior service (credit) cost
22

 
(40
)
 
208

Total (gain) loss recognized in other comprehensive income
3,835

 
206,716

 
(155,106
)
Total recognized in net periodic benefit cost and other comprehensive income
$
14,986

 
$
215,419

 
$
(140,727
)
Funded Status of Company's Defined Benefit Pension Plans
The funded status of the Company’s defined benefit pension plans at the respective year ends was as follows:
 
 
January 2,
2016
 
January 3,
2015
Benefit obligation:
 
 
 
Beginning of year
$
1,255,216

 
$
1,000,065

Service cost
2,478

 
1,903

Interest cost
49,202

 
48,768

Benefits paid
(55,019
)
 
(53,348
)
Curtailments
—

 
(997
)
Settlements
(1,147
)
 
(1,209
)
Impact of exchange rate change
(11,468
)
 
(9,910
)
Business combination
—

 
72,279

Actuarial loss (gain)
(66,995
)
 
197,665

End of year
1,172,267

 
1,255,216

 
 
 
 
Fair value of plan assets:
 
 
 
Beginning of year
787,998

 
739,579

Actual return on plan assets
(24,496
)
 
30,703

Employer contributions
106,693

 
68,738

Benefits paid
(55,019
)
 
(53,348
)
Settlements
(1,147
)
 
(1,209
)
Business combination
—

 
6,378

Impact of exchange rate change
(4,812
)
 
(2,843
)
End of year
809,217

 
787,998

Funded status
$
(363,050
)
 
$
(467,218
)
Accumulated Benefit Obligation and Fair Value of Plan Assets with Accumulated Benefit Obligations in Excess of Plan Assets
The total benefit obligation and the benefit obligation and fair value of plan assets for the Company’s pension plans with benefit obligations in excess of plan assets are as follows:
 
 
January 2,
2016
 
January 3,
2015
Benefit obligation
$
1,172,267

 
$
1,255,216

Plans with benefit obligation in excess of plan assets:
 
 
 
Benefit obligation
1,147,028

 
1,252,743

Fair value of plan assets
784,681

 
785,524
Amounts Recognized in Company's Consolidated Balance Sheets
Amounts recognized in the Company’s Consolidated Balance Sheets consist of:
 
 
January 2,
2016
 
January 3,
2015
Current liabilities
$
(6,262
)
 
$
(5,142
)
Noncurrent liabilities
(356,788
)
 
(462,076
)
Accumulated other comprehensive loss
(561,699
)
 
(565,534
)
Amounts Recognized in Accumulated Other Comprehensive Loss
Amounts recognized in accumulated other comprehensive loss consist of:
 
 
January 2,
2016
 
January 3,
2015
Prior service cost
$
226

 
$
248

Actuarial loss
561,473

 
565,286

 
$
561,699

 
$
565,534
Weighted Average Actuarial Assumptions Used in Measuring Net Periodic Benefit Cost and Plan Obligation
The weighted average actuarial assumptions used in measuring the net periodic benefit cost and plan obligations for the periods presented were as follows:
 
 
January 2,
2016
 
January 3,
2015
 
December 28,
2013
Net periodic benefit cost:
 
 
 
 
 
Discount rate
4.43
%
 
4.96
%
 
4.17
%
Long-term rate of return on plan assets
5.61

 
6.90

 
7.29

Rate of compensation increase (1)
3.51

 
3.74

 
3.74

 
 
 
 
 
 
Plan obligations:
 
 
 
 
 
Discount rate
4.04
%
 
4.04
%
 
4.96
%
Rate of compensation increase (1)
3.51

 
3.50

 
3.74


 
 
(1)
The compensation increase assumption applies to the international plans and portions of the nonqualified retirement plans, as benefits under these plans were not frozen at January 2, 2016, January 3, 2015 and December 28, 2013.
Allocation of Pension Plan Assets
The allocation of pension plan assets as of the respective period end measurement dates is as follows:
 
 
January 2,
2016
 
January 3,
2015
Asset category:
 
 
 
Hedge fund of funds
41
%
 
38
%
U.S. equity securities
17

 
19

Foreign equity securities
15

 
15

Debt securities
18

 
19

Real estate
5

 
5

Commodities
2

 
2

Insurance contracts
1

 
1

Cash and other
1

 
1