Accumulated Other Comprehensive Income (Loss) (Tables)

3 Months Ended

Apr. 01, 2023

Equity [Abstract]

Components of Accumulated Other Comprehensive Income (Loss)

The following tables reflect the changes in accumulated other comprehensive income (loss) by component for the three months ended April 1, 2023 and April 2, 2022 (in thousands):

	Three-Month (13-Week) Period Ended
	April 1, 2023
	Gains and (Losses) on			Foreign Currency			Adjustment to Early
	Hedging Derivatives			Gains (Losses)			Retiree Medical Plan		Total
Accumulated other comprehensive   income (loss) at December 31, 2022	$	26,100		$	(180,216	)	$	16,599	$	(137,517	)
Other comprehensive income (loss)    before reclassifications		(24,575	)		(3,441	)		-		(28,016	)
Amounts reclassified from accumulated    other comprehensive income (loss)    into earnings (1)		175		-				-		175
Net current-period other    comprehensive income (loss)		(24,400	)		(3,441	)		-		(27,841	)
Accumulated other comprehensive    income (loss) at April 1, 2023	$	1,700		$	(183,657	)	$	16,599	$	(165,358	)

	Three-Month (13-Week) Period Ended
	April 2, 2022
	Gains and (Losses) on			Foreign Currency			Adjustment to Early
	Hedging Derivatives			Gains (Losses)			Retiree Medical Plan		Total
Accumulated other comprehensive    income (loss) at December 31, 2021	$	1,112		$	(124,868	)	$	8,474	$	(115,282	)
Other comprehensive income (loss)    before reclassifications		53,476			22,692			-		76,168
Amounts reclassified from accumulated    other comprehensive income (loss)    into earnings (1)		(5,390	)		-			-		(5,390	)
Net current-period other    comprehensive income (loss)		48,086			22,692			-		70,778
Accumulated other comprehensive    income (loss) at April 2, 2022	$	49,198		$	(102,176	)	$	8,474	$	(44,504	)

(1)Includes $175 and $(5,390) net-of-tax impact of accumulated other comprehensive income (loss) reclassifications into cost of products sold for net (gains)/losses on commodity contracts in the first quarter of 2023 and 2022, respectively. The tax impact of those reclassifications was $100 and $(1,700) in the first quarter of 2023 and 2022, respectively.