Derivative Financial Instruments (Tables)

9 Months Ended

Oct. 01, 2017

Derivative Financial Instruments (Thousands of Dollars) [Abstract]

Summary of Cash Flow Hedging Instruments

	October 1, 2017				September 25, 2016				December 25, 2016
	Notional		Fair		Notional		Fair		Notional		Fair
Hedged transaction	Amount		Value		Amount		Value		Amount		Value
Inventory purchases	$	894,529		(16,597)		1,045,400		23,662		945,728		60,520
Sales		579,421		17,215		318,283		(559)		290,181		9,775
Royalties and Other		266,670		(12,567)		233,367		(4,111)		198,849		1,633
Total	$	1,740,620		(11,949)		1,597,050		18,992		1,434,758		71,928

Derivatives Fair Value by Balance Sheet Location

	October 1,		September 25,		December 25,
	2017		2016		2016
Prepaid expenses and other current assets
Unrealized gains	$	10,207		34,179		34,265
Unrealized losses		(7,977)		(9,247)		(2,075)
Net unrealized gains	$	2,230		24,932		32,190
Other assets
Unrealized gains	$	11,631		20,974		51,839
Unrealized losses		(3,139)		(7,524)		(792)
Net unrealized gains	$	8,492		13,450		51,047
Accrued liabilities
Unrealized gains	$	5,354		4,352		8,481
Unrealized losses		(20,999)		(19,420)		(19,790)
Net unrealized losses	$	(15,645)		(15,068)		(11,309)
Other liabilities
Unrealized gains	$	8,325		992		-
Unrealized losses		(15,351)		(5,314)		-
Net unrealized losses	$	(7,026)		(4,322)		-

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

	Quarter Ended				Nine Months Ended
	October 1,		September 25,		October 1,		September 25,
	2017		2016		2017		2016
Statements of Operations Classification
Cost of sales	$	(5,971)		13,863		6,614		40,999
Net Revenues		2,316		7,125		3,332		7,541
Other		(2,311)		(1,505)		(2,716)		(2,236)
Net realized (losses) gains	$	(5,966)		19,483		7,230		46,304

Fair values of undesignated derivative financial instruments

	October 1,		September 25,		December 25,
	2017		2016		2016
Prepaid expenses and other current assets
Unrealized gains	$	2,606		812		5,854
Unrealized losses		(1,353)		(79)		(1,197)
Net unrealized gain	$	1,253		733		4,657
Total unrealized gain, net	$	1,253		733		4,657