Other Comprehensive Income (Tables)

9 Months Ended

Oct. 02, 2021

Disclosure Other Comprehensive Income Additional Information [Abstract]

Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]

Changes in accumulated other comprehensive income(1) were as follows (in thousands):

	Currency Translation Adjustment		Pension Benefit Costs		Unrealized Gain/(Loss) Interest Rate Swap		Total
Balance as of January 2, 2021	$	(49,961)	$	(400,919)	$	(37,548)	$	(488,428)
Other comprehensive income before reclassification	(33,000)		3,052		1,480		(28,468)
Amounts reclassified from accumulated other comprehensive income	—		—		14,691		14,691
Net current-period other comprehensive income	$	(33,000)	$	3,052	$	16,171	$	(13,777)
Balance as of October 2, 2021	$	(82,961)	$	(397,867)	$	(21,377)	$	(502,205)
Balance as of December 28, 2019	$	(105,705)	$	(228,336)	$	(16,892)	$	(350,933)
Other comprehensive income before reclassification	(3,213)		6,184		(35,646)		(32,675)
Amounts reclassified from accumulated other comprehensive income	—		—		10,419		10,419
Net current-period other comprehensive income	$	(3,213)	$	6,184	$	(25,227)	$	(22,256)
Balance as of September 26, 2020	$	(108,918)	$	(222,152)	$	(42,119)	$	(373,189)

Schedule of Comprehensive Income (Loss)

Components of other comprehensive income were as follows (in thousands):

	Three Months Ended				Nine Months Ended
	Oct 2, 2021		Sep 26, 2020		Oct 2, 2021		Sep 26, 2020
Net earnings	$	175,966	$	60,516	$	385,814	$	155,457
Currency translation adjustment	(21,881)		25,851		(33,000)		(3,213)
Pension liability adjustment, net of tax	5,870		(6,133)		3,052		6,184
Unrealized gain (loss) on interest rate swaps, net of tax	3,056		2,653		16,171		(25,227)
Comprehensive income	$	163,011	$	82,887	$	372,037	$	133,201