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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended
Apr. 02, 2022
Apr. 03, 2021
Consolidated net income $ 365,996 $ 207,228
Other comprehensive loss:    
Foreign currency translation adjustment and other, net of taxes (49,910) (61,921)
Unrealized gain (loss) on foreign exchange contracts designated as net investment hedges, net of taxes (575) 5,306
Unrealized gain on interest rate swaps designated as cash flow hedges, net of taxes 8,205 36,352
Employee benefit plan items, net of taxes 99 (166)
Other comprehensive loss (42,181) (20,429)
Comprehensive income 323,815 186,799
Less: Comprehensive income (loss) attributable to non-controlling interests 378 (946)
Comprehensive income attributable to shareholders $ 323,437 $ 187,745