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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended
Apr. 01, 2023
Apr. 02, 2022
Consolidated net income $ 275,325 $ 365,996
Other comprehensive income (loss):    
Foreign currency translation adjustment and other, net of taxes 11,285 (49,910)
Unrealized loss on foreign exchange contracts designated as net investment hedges, net of taxes (433) (575)
Unrealized gain (loss) on interest rate swaps designated as cash flow hedges, net of taxes (3,709) 8,205
Employee benefit plan items, net of taxes (272) 99
Other comprehensive income (loss) 6,871 (42,181)
Comprehensive income 282,196 323,815
Less: Comprehensive income attributable to noncontrolling interests 4,652 378
Comprehensive income attributable to shareholders $ 277,544 $ 323,437