Other Comprehensive Income (Tables)

6 Months Ended

Jul. 02, 2022

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		Unrealized Gain/(Loss) Certain Investments		Total
Balance as of January 1, 2022	$	(97,654)	$	(249,696)	$	(13,064)	$	1,330	$	(359,084)
Other comprehensive income before reclassification	(119,402)		26,199		31,427		(1,330)		(63,106)
Amounts reclassified from accumulated other comprehensive income	—		—		7,817		—		7,817
Net current-period other comprehensive income	$	(119,402)	$	26,199	$	39,244	(1,330)		$	(55,289)
Balance as of July 2, 2022	$	(217,056)	$	(223,497)	$	26,180	—		$	(414,373)
Balance as of January 2, 2021	$	(49,961)	$	(400,919)	$	(37,548)	$	—	$	(488,428)
Other comprehensive income before reclassification	(11,119)		(2,818)		2,885		—		(11,052)
Amounts reclassified from accumulated other comprehensive income	—		—		10,230		—		10,230
Net current-period other comprehensive income	$	(11,119)	$	(2,818)	$	13,115	$	—	$	(822)
Balance as of July 3, 2021	$	(61,080)	$	(403,737)	$	(24,433)	$	—	$	(489,250)

Schedule of Comprehensive Income (Loss)

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

	Three Months Ended				Six Months Ended
	Jul 2, 2022		Jul 3, 2021		Jul 2, 2022		Jul 3, 2021
Net earnings	$	113,248	$	120,585	$	199,003	$	209,848
Currency translation adjustment	(92,211)		(505)		(119,402)		(11,119)
Pension liability adjustment, net of tax	19,955		1,152		26,199		(2,818)
Unrealized gain on interest rate swaps, net of tax	8,128		703		39,244		13,115
Unrealized loss on certain investments, net of tax	(2,678)		—		(1,330)		—
Comprehensive income	$	46,442	$	121,935	$	143,714	$	209,026