Other Comprehensive Income (Tables)

9 Months Ended

Oct. 01, 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	(201,176)		44,127		55,958		(1,330)		(102,421)
Amounts reclassified from accumulated other comprehensive income	—		—		7,646		—		7,646
Net current-period other comprehensive income	$	(201,176)	$	44,127	$	63,604	(1,330)		$	(94,775)
Balance as of October 1, 2022	$	(298,830)	$	(205,569)	$	50,540	—		$	(453,859)
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)

Schedule of Comprehensive Income (Loss)

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

	Three Months Ended				Nine Months Ended
	Oct 1, 2022		Oct 2, 2021		Oct 1, 2022		Oct 2, 2021
Net earnings	$	104,369	$	175,966	$	303,372	$	385,814
Currency translation adjustment	(81,774)		(21,881)		(201,176)		(33,000)
Pension liability adjustment, net of tax	17,928		5,870		44,127		3,052
Unrealized gain on interest rate swaps, net of tax	24,360		3,056		63,604		16,171
Unrealized loss on certain investments, net of tax	—		—		(1,330)		—
Comprehensive income	$	64,883	$	163,011	$	208,597	$	372,037