Shareholders' Equity

3 Months Ended

Apr. 03, 2021

Accumulated Other Comprehensive Income (Loss) [Line Items]

Stockholders' Equity Note Disclosure [Text Block]

Shareholders’ Equity

Accumulated Other Comprehensive Income (Loss)

The following table presents the changes in Accumulated other comprehensive loss, excluding noncontrolling interests:

	Quarter Ended
	April 3, 2021		March 28, 2020
Foreign Currency Translation Adjustment and Other:
Other comprehensive loss before reclassifications (a)	$	(59,548)	$	(77,207)
Amounts reclassified into income	(520)		106
Unrealized Gain on Foreign Exchange Contracts Designated as Net Investment Hedges, Net:
Other comprehensive income before reclassifications	6,978		17,647
Amounts reclassified into income	(1,672)		(1,670)
Unrealized Gain (Loss) on Interest Rate Swaps Designated as Cash Flow Hedges, Net:
Other comprehensive income (loss) before reclassifications	36,085		(29,556)
Amounts reclassified into income	267		1,159
Employee Benefit Plan Items, Net:
Amounts reclassified into income	(166)		2,248
Net change in Accumulated other comprehensive income (loss)	$	(18,576)	$	(87,273)

(a)     Includes intra-entity foreign currency transactions that are of a long-term investment nature of $(2,597) and $9,317 for the first quarter of 2021 and 2020, respectively.

Share-Repurchase Program

The following table shows the company’s Board of Directors (the “Board”) approved share-repurchase programs as of April 3, 2021:

Month of Board Approval	Dollar Value Approved for Repurchase		Dollar Value of Shares Repurchased		Approximate Dollar Value of Shares that May Yet be Purchased Under the Program
December 2018	$	600,000	$	600,000	$	—
July 2020	600,000		286,534		313,466
Total	$	1,200,000	$	886,534	$	313,466