Derivative Financial Instruments (Tables)

6 Months Ended

Jul. 01, 2018

Derivative Financial Instruments (Thousands of Dollars) [Abstract]

Summary of Cash Flow Hedging Instruments

	July 1, 2018				July 2, 2017				December 31, 2017
	Notional		Fair		Notional		Fair		Notional		Fair
Hedged transaction	Amount		Value		Amount		Value		Amount		Value
Inventory purchases	$	647,255		10,248		942,896		259		756,673		(13,695)
Sales		342,123		11,291		618,755		15,229		423,315		16,144
Royalties and Other		151,689		(4,575)		308,407		(9,545)		196,889		(10,383)
Total	$	1,141,067		16,964		1,870,058		5,943		1,376,877		(7,934)

Derivatives Fair Value by Balance Sheet Location

	July 1,		July 2,		December 31,
	2018		2017		2017
Prepaid expenses and other current assets
Unrealized gains	$	17,388		12,220		13,666
Unrealized losses		(5,307)		(4,059)		(10,319)
Net unrealized gains	$	12,081		8,161		3,347
Other assets
Unrealized gains	$	12,774		22,468		11,255
Unrealized losses		(2,700)		(5,257)		(2,376)
Net unrealized gains	$	10,074		17,211		8,879
Accrued liabilities
Unrealized gains	$	911		6,403		4,215
Unrealized losses		(3,118)		(23,421)		(15,484)
Net unrealized losses	$	(2,207)		(17,018)		(11,269)
Other liabilities
Unrealized gains	$	807		2,079		4,546
Unrealized losses		(3,791)		(4,490)		(13,437)
Net unrealized losses	$	(2,984)		(2,411)		(8,891)

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

	Quarter Ended				Six Months Ended
	July 1,		July 2,		July 1,		July 2,
	2018		2017		2018		2017
Statements of Operations Classification
Cost of sales	$	(950)		2,711		(4,841)		12,585
Net revenues		430		475		762		1,016
Other		1,339		(436)		(84)		(405)
Net realized (losses) gains	$	819		2,750		(4,163)		13,196

Fair values of undesignated derivative financial instruments

	July 1,		July 2,		December 31,
	2018		2017		2017
Prepaid expenses and other current assets
Unrealized gains	$	1,120		-		-
Unrealized losses		(724)		-		-
Net unrealized gains	$	396		-		-
Accrued liabilities
Unrealized gains	$	-		55		1,793
Unrealized losses		-		(2,870)		(4,684)
Net unrealized losses		-		(2,815)		(2,891)
Total unrealized gains (losses), net	$	396		(2,815)		(2,891)