Accumulated Other Comprehensive Income

3 Months Ended

Apr. 04, 2015

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Income

16. ACCUMULATED OTHER COMPREHENSIVE INCOME: The following tables reflect the changes in other accumulated comprehensive (loss) income by component (in thousands):

	Three Month Period Ended April 4, 2015
	Gains and Losses on Hedging Derivatives			Foreign Currency Gain (Loss)			Adjustment to Early Retiree Medical Plan		Total
December 31, 2014	$	(8,000	)	$	(148,968	)	$	11,260	$	(145,708	)
Other comprehensive loss before reclassifications		(2,268	)		(116,695	)		—		(118,963	)
Amounts reclassified from accumulated other comprehensive (loss) income into earnings (1)		168			—			—		168
Net current-period other comprehensive loss		(2,100	)		(116,695	)		—		(118,795	)
April 4, 2015	$	(10,100	)	$	(265,663	)	$	11,260	$	(264,503	)

	Three Month Period Ended April 5, 2014
	Gains and Losses on Hedging Derivatives			Foreign Currency Gain (Loss)			Adjustment to Early Retiree Medical Plan		Total
December 31, 2013	$	—		$	(7,438	)	$	16,518	$	9,080
Other comprehensive loss before reclassifications		(1,871	)		(43,477	)		—		(45,348	)
Amounts reclassified from accumulated other comprehensive (loss) income into earnings (1)		471			—			—		471
Net current-period other comprehensive loss		(1,400	)		(43,477	)		—		(44,877	)
April 5, 2014	$	(1,400	)	$	(50,915	)	$	16,518	$	(35,797	)

⁽¹⁾  Includes $168 and $471 of accumulated other comprehensive income reclassifications into cost of products sold for net losses on commodity contracts in the first quarter of 2015 and 2014, respectively. The tax impacts of those reclassifications were $100 and $200, respectively.