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Shareholders' Equity Components of Other Comprehensive Income (Tables)
 6 Months Ended
Jul. 01, 2023
Changes in Components of Accumulated Other Comprehensive Income [Abstract]  
Components of Accumulated Other Comprehensive Income [Table Text Block]
The following table presents the changes in Accumulated other comprehensive income (loss), excluding noncontrolling interests:
Quarter EndedSix Months Ended
(thousands)July 1,
2023		July 2,
2022		July 1,
2023		July 2,
2022
Foreign Currency Translation Adjustment and Other:
Other comprehensive income (loss) before reclassifications (a)$1,082 $(218,602)$9,090 $(267,302)
Amounts reclassified into income184 (462)384 (803)
Unrealized Gain on Foreign Exchange Contracts Designated as Net Investment Hedges, Net:
Other comprehensive (loss) income before reclassifications (b)(2,671)15,921 (1,546)17,015 
Amounts reclassified into income(1,372)(1,670)(2,930)(3,339)
Unrealized Gain on Interest Rate Swaps Designated as Cash Flow Hedges, Net:
Other comprehensive income before reclassifications (b)4,932 10,998 585 18,545 
Amounts reclassified into income515 681 1,153 1,339 
Employee Benefit Plan Items, Net:
Amounts reclassified into income(298)89 (570)188 
Net change in Accumulated other comprehensive income (loss)$2,372 $(193,045)$6,166 $(234,357)

(a)     Foreign currency translation adjustment includes intra-entity foreign currency transactions that are of a long-term investment nature of $(22.5) million and $(16.8) million for the second quarter and first six months of 2023, and $36.6 million and $28.4 million for the second quarter and first six months of 2022, respectively.
(b)     For additional information related to net investment hedges and interest rate swaps refer to Note H.
Schedule of Stock by Class
The following table sets forth the activity in the number of shares outstanding:
(thousands)Common Stock IssuedTreasury StockCommon Stock Outstanding
Common stock outstanding at December 31, 2022125,424 66,175 59,249 
Shares issued for stock-based compensation awards— (313)313 
Repurchases of common stock— 2,564 (2,564)
Common stock outstanding at April 1, 2023125,424 68,426 56,998 
Shares issued for stock-based compensation awards— (264)264 
Repurchases of common stock— 1,600 (1,600)
Common stock outstanding at July 1, 2023125,424 69,762 55,662 
(thousands)Common Stock IssuedTreasury StockCommon Stock Outstanding
Common stock outstanding at December 31, 2021125,424 57,358 68,066 
Shares issued for stock-based compensation awards— (385)385 
Repurchases of common stock— 2,015 (2,015)
Common stock outstanding at April 2, 2022125,424 58,988 66,436 
Shares issued for stock-based compensation awards— (96)96 
Repurchases of common stock— 1,929 (1,929)
Common stock outstanding at July 2, 2022125,424 60,821 64,603 
Share-Repurchase Programs [Table Text Block]
The following table shows the company’s share-repurchase program as of July 1, 2023:                    
Share-Repurchase Details by Month of Board Approval (thousands)Dollar Value Approved for RepurchaseDollar Value of Shares RepurchasedApproximate
Dollar Value of
Shares that May
Yet be
Purchased
Under the
Program
July 2021$600,000 $600,000 $— 
December 2021600,000 600,000 — 
September 2022600,000 600,000 — 
January 20231,000,000 176,480 823,520 
Total (a)$2,800,000 $1,976,480 $823,520 
(a) The dollar value of shares repurchased includes an accrual of $4.3 million for excise taxes during the first six months of 2023 which is recorded within "Treasury stock" on the company's consolidated balance sheets.
The company repurchased 1.6 million shares and 4.2 million shares of common stock for $200.7 million and $500.9 million, in the second quarter and first six months of 2023, respectively, under the share-repurchase program, excluding excise taxes. On January 31, 2023, the company's Board of Directors approved a $1.0 billion increase to the company's share-repurchase program. As of July 1, 2023, approximately $823.5 million remained available for repurchase under the share-repurchase program. The company's share-repurchase program does not have an expiration date.