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Accumulated Other Comprehensive Income (Tables)
 6 Months Ended
Jun. 28, 2015
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The following tables set forth the changes in accumulated other comprehensive loss (AOCL) (in thousands):
 
 
Three months ended June 28, 2015
 
 
Foreign currency translation adjustments
 
Marketable securities
 
Derivative financial instruments
 
Pension and postretirement benefit plans
 
Total
Balance, beginning of period
 
$
(30,503
)
 
$
(767
)
 
$
30,114

 
$
(521,005
)
 
$
(522,161
)
Other comprehensive income (loss) before reclassifications
 
5,040

 
(204
)
 
(1,096
)
 
—

 
3,740

Income tax
 
(789
)
 
76

 
406

 
—

 
(307
)
Net other comprehensive income (loss) before reclassifications
 
4,251

 
(128
)
 
(690
)
 
—

 
3,433

Reclassifications:
 
 
 
 
 
 
 
 
 
 
Realized (gains) losses - foreign currency contracts(a)
 
—

 
—

 
(20,131
)
 
—

 
(20,131
)
Realized (gains) losses - commodities contracts(a)
 
—

 
—

 
125

 
—

 
125

Prior service credits(b)
 
—

 
—

 
—

 
(695
)
 
(695
)
Actuarial losses(b)
 
—

 
—

 
—

 
14,670

 
14,670

Total before tax
 
—

 
—

 
(20,006
)
 
13,975

 
(6,031
)
Income tax expense (benefit)
 
—

 
—

 
7,410

 
(5,177
)
 
2,233

Net reclassifications
 
—

 
—

 
(12,596
)
 
8,798

 
(3,798
)
Other comprehensive income (loss)
 
4,251

 
(128
)
 
(13,286
)
 
8,798

 
(365
)
Balance, end of period
 
$
(26,252
)
 
$
(895
)
 
$
16,828

 
$
(512,207
)
 
$
(522,526
)
 
 
Three months ended June 29, 2014
 
 
Foreign currency translation adjustments
 
Marketable securities
 
Derivative financial instruments
 
Pension and postretirement benefit plans
 
Total
Balance, beginning of period
 
$
36,274

 
$
(318
)
 
$
(1,907
)
 
$
(357,978
)
 
$
(323,929
)
Other comprehensive income (loss) before reclassifications
 
6,945

 
(117
)
 
3,907

 
—

 
10,735

Income tax
 
(1,212
)
 
43

 
(1,448
)
 
—

 
(2,617
)
Net other comprehensive income (loss) before reclassifications
 
5,733

 
(74
)
 
2,459

 
—

 
8,118

Reclassifications:
 
 
 
 
 
 
 
 
 
 
Realized (gains) losses - foreign currency contracts(a)
 
—

 
—

 
1,183

 
—

 
1,183

Realized (gains) losses - commodities contracts(a)
 
—

 
—

 
(87
)
 
—

 
(87
)
Prior service credits(b)
 
—

 
—

 
—

 
(684
)
 
(684
)
Actuarial losses(b)
 
—

 
—

 
—

 
10,323

 
10,323

Total before tax
 
—

 
—

 
1,096

 
9,639

 
10,735

Income tax benefit
 
—

 
—

 
(405
)
 
(3,570
)
 
(3,975
)
Net reclassifications
 
—

 
—

 
691

 
6,069

 
6,760

Other comprehensive income (loss)
 
5,733

 
(74
)
 
3,150

 
6,069

 
14,878

Balance, end of period
 
$
42,007

 
$
(392
)
 
$
1,243

 
$
(351,909
)
 
$
(309,051
)
 
 
Six months ended June 28, 2015
 
 
Foreign currency translation adjustments
 
Marketable securities
 
Derivative financial instruments
 
Pension and postretirement benefit plans
 
Total
Balance, beginning of period
 
$
(3,482
)
 
$
(700
)
 
$
19,042

 
$
(529,803
)
 
$
(514,943
)
Other comprehensive (loss) income before reclassifications
 
(24,951
)
 
(310
)
 
31,452

 
—

 
6,191

Income tax
 
2,181

 
115

 
(11,650
)
 
—

 
(9,354
)
Net other comprehensive (loss) income before reclassifications
 
(22,770
)
 
(195
)
 
19,802

 
—

 
(3,163
)
Reclassifications:
 
 
 
 
 
 
 
 
 
 
Realized (gains) losses - foreign currency contracts(a)
 
—

 
—

 
(35,407
)
 
—

 
(35,407
)
Realized (gains) losses - commodities contracts(a)
 
—

 
—

 
439

 
—

 
439

Prior service credits(b)
 
—

 
—

 
—

 
(1,390
)
 
(1,390
)
Actuarial losses(b)
 
—

 
—

 
—

 
29,340

 
29,340

Total before tax
 
—

 
—

 
(34,968
)
 
27,950

 
(7,018
)
Income tax expense (benefit)
 
—

 
—

 
12,952

 
(10,354
)
 
2,598

Net reclassifications
 
—

 
—

 
(22,016
)
 
17,596

 
(4,420
)
Other comprehensive (loss) income
 
(22,770
)
 
(195
)
 
(2,214
)
 
17,596

 
(7,583
)
Balance, end of period
 
$
(26,252
)
 
$
(895
)
 
$
16,828

 
$
(512,207
)
 
$
(522,526
)
 
 
Six months ended June 29, 2014
 
 
Foreign currency translation adjustments
 
Marketable securities
 
Derivative financial instruments
 
Pension and postretirement benefit plans
 
Total
Balance, beginning of period
 
$
33,326

 
$
(276
)
 
$
(1,680
)
 
$
(364,046
)
 
$
(332,676
)
Other comprehensive income (loss) before reclassifications
 
8,700

 
(184
)
 
2,684

 
—

 
11,200

Income tax
 
(19
)
 
68

 
(994
)
 
—

 
(945
)
Net other comprehensive income (loss) before reclassifications
 
8,681

 
(116
)
 
1,690

 
—

 
10,255

Reclassifications:
 
 
 
 
 
 
 
 
 
 
Realized (gains) losses - foreign currency contracts(a)
 
—

 
—

 
2,241

 
—

 
2,241

Realized (gains) losses - commodities contracts(a)
 
—

 
—

 
(283
)
 
—

 
(283
)
Prior service credits(b)
 
—

 
—

 
—

 
(1,368
)
 
(1,368
)
Actuarial losses(b)
 
—

 
—

 
—

 
20,645

 
20,645

Total before tax
 
—

 
—

 
1,958

 
19,277

 
21,235

Income tax benefit
 
—

 
—

 
(725
)
 
(7,140
)
 
(7,865
)
Net reclassifications
 
—

 
—

 
1,233

 
12,137

 
13,370

Other comprehensive income (loss)
 
8,681

 
(116
)
 
2,923

 
12,137

 
23,625

Balance, end of period
 
$
42,007

 
$
(392
)
 
$
1,243

 
$
(351,909
)
 
$
(309,051
)

(a)
Amounts reclassified to net income are included in Motorcycles and Related Products cost of goods sold.
(b)
Amounts reclassified are included in the computation of net periodic period cost. See Note 14 for information related to pension and postretirement benefit plans.