Accumulated Other Comprehensive Income (Loss)

6 Months Ended

Jul. 02, 2016

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

Accumulated Other Comprehensive Income (Loss)

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

	Three Month (13 week) Period Ended
	July 2, 2016
	Gains and Losses on			Foreign Currency			Adjustment to Early
	Hedging Derivatives			Gain (Loss)			Retiree Medical Plan		Total
April 2, 2016	$	(10,400	)	$	(297,768	)	$	12,003	$	(296,165	)
Other comprehensive income (loss) before reclassifications		3,243			8,287			—		11,530
Amounts reclassified from accumulated other comprehensive income (loss) into earnings (1)		3,257			—			—		3,257
Net current-period other comprehensive income (loss)		6,500			8,287			—		14,787
July 2, 2016	$	(3,900	)	$	(289,481	)	$	12,003	$	(281,378	)
	Six Month (26 week) Period Ended
	July 2, 2016
	Gains and Losses on			Foreign Currency			Adjustment to Early
	Hedging Derivatives			Gain (Loss)			Retiree Medical Plan		Total
December 31, 2015	$	(11,700	)	$	(351,665	)	$	12,003	$	(351,362	)
Other comprehensive income (loss) before reclassifications		1,512			62,184			—		63,696
Amounts reclassified from accumulated other comprehensive income (loss) into earnings (1)		6,288			—			—		6,288
Net current-period other comprehensive income (loss)		7,800			62,184			—		69,984
July 2, 2016	$	(3,900	)	$	(289,481	)	$	12,003	$	(281,378	)

⁽¹⁾  Includes $3,257 and $6,288 of accumulated other comprehensive income reclassifications into cost of products sold for net losses on commodity contracts in the second quarter and first six months of 2016, respectively. The tax impacts of those reclassifications were $1,900 and $3,600, respectively.

	Three Month (13 week) Period Ended
	July 4, 2015
	Gains and Losses on			Foreign Currency			Adjustment to Early
	Hedging Derivatives			Gain (Loss)			Retiree Medical Plan		Total
April 4, 2015	$	(10,100	)	$	(265,663	)	$	11,260	$	(264,503	)
Other comprehensive income (loss) before reclassifications		(464	)		24,395			—		23,931
Amounts reclassified from accumulated other comprehensive income (loss) into earnings (2)		1,164			2,700			—		3,864
Net current-period other comprehensive income (loss)		700			27,095			—		27,795
July 4, 2015	$	(9,400	)	$	(238,568	)	$	11,260	$	(236,708	)
	Six Month (26 week) Period Ended
	July 4, 2015
	Gains and Losses on			Foreign Currency			Adjustment to Early
	Hedging Derivatives			Gain (Loss)			Retiree Medical Plan		Total
December 31, 2014	$	(8,000	)	$	(148,968	)	$	11,260	$	(145,708	)
Other comprehensive income (loss) before reclassifications		(2,732	)		(92,300	)		—		(95,032	)
Amounts reclassified from accumulated other comprehensive income (loss) into earnings (2)		1,332			2,700			—		4,032
Net current-period other comprehensive income (loss)		(1,400	)		(89,600	)		—		(91,000	)
July 4, 2015	$	(9,400	)	$	(238,568	)	$	11,260	$	(236,708	)

⁽²⁾  Includes $1,164 and $1,332 of accumulated other comprehensive income reclassifications into cost of products sold for net losses on commodity contracts in the second quarter and first six months of 2015, respectively. The tax impacts of those reclassifications were $700 and $800, respectively. Also includes $2,700 of accumulated other comprehensive income reclassifications into marketing, administrative and other expenses for net losses on translation in both the second quarter and first six months of 2015. The tax impacts of those reclassifications were $1,500 in both the second quarter and first six months of 2015.