Interest Expense (Income)

6 Months Ended

Jul. 01, 2023

Banking and Thrift, Interest [Abstract]

Interest Expense (Income)

10. Interest Expense (Income)

The components of net interest expense for the second quarter and first six months of 2023 and 2022 are as follows (in thousands):

	Three Months (13 Weeks) Ended						Six Months (26 Weeks) Ended
	July 1, 2023			July 2, 2022			July 1, 2023			July 2, 2022
Interest expense	$	60,806		$	63,514		$	123,488		$	107,590
Interest income		(56,208	)		(5,751	)		(108,707	)		(6,692	)
Interest expense, net	$	4,598		$	57,763		$	14,781		$	100,898