Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 26, 2016

Derivative Financial Instruments (Thousands of Dollars) [Abstract]

Summary of Cash Flow Hedging Instruments

	June 26, 2016				June 28, 2015				December 27, 2015
	Notional		Fair		Notional		Fair		Notional		Fair
Hedged transaction	Amount		Value		Amount		Value		Amount		Value
Inventory purchases	$	1,301,560		54,698		1,081,451		111,252		1,380,488		108,521
Sales		218,459		(2,792)		239,415		(7,659)		97,350		803
Royalties and Other		259,963		(2,810)		74,433		(971)		54,360		(1,886)
Total	$	1,779,982		49,096		1,395,299		102,622		1,532,198		107,438

Derivatives Fair Value by Balance Sheet Location

	June 26,		June 28,		December 27,
	2016		2015		2015
Prepaid expenses and other current assets
Unrealized gains	$	49,195		63,740		78,910
Unrealized losses		(9,953)		(12,302)		(5,932)
Net unrealized gain	$	39,242		51,438		72,978
Other assets
Unrealized gains	$	29,838		54,664		35,366
Unrealized losses		(6,836)		(732)		(710)
Net unrealized gains	$	23,002		53,932		34,656
Accrued liabilities
Unrealized gains	$	1,660		4,349		-
Unrealized losses		(10,600)		(7,026)		-
Net unrealized loss	$	(8,940)		(2,677)		-
Other liabilities
Unrealized gains	$	223		-		241
Unrealized losses		(4,431)		(71)		(437)
Net unrealized loss	$	(4,208)		(71)		(196)

Schedule of Derivative Instruments, Gain (Loss) in Statement of Operations

	Quarter Ended				Six Months Ended
	June 26,		June 28,		June 26,		June 28,
	2016		2015		2016		2015
Statements of Operations Classification
Cost of sales	$	11,438		12,683		27,136		22,746
Sales		318		(2,645)		416		(3,999)
Other		(738)		12		(731)		55
Net realized gains	$	11,018		10,050		26,821		18,802

Fair values of undesignated derivative financial instruments

	June 26,		June 28,		December 27,
	2016		2015		2015
Prepaid expenses and other current assets
Unrealized gains	$	1,033		563		-
Unrealized losses		-		(27)		-
Net unrealized gain		1,033		536		-
Accrued liabilities
Unrealized gains		-		-		416
Unrealized losses		-		-		(1,460)
Net unrealized loss		-		-		(1,044)
Total unrealized gain (loss), net	$	1,033		536		(1,044)