Accumulated Other Comprehensive Loss (Tables)

3 Months Ended

Mar. 27, 2022

Equity [Abstract]

Schedule of Accumulated Other Comprehensive Loss

Changes in Accumulated other comprehensive loss were as follows (in thousands):

	Three months ended March 27, 2022
	Foreign currency translation adjustments		Derivative financial instruments		Pension and postretirement benefit plans		Total
Balance, beginning of period	$	(44,401)	$	(2,005)	$	(194,513)	$	(240,919)
Other comprehensive loss, before reclassifications	(3,804)		(7,230)		—		(11,034)
Income tax (expense) benefit	(317)		1,493		—		1,176
	(4,121)		(5,737)		—		(9,858)
Reclassifications:
Net loss on derivative financial instruments	—		20,046		—		20,046
Prior service credits(a)	—		—		(909)		(909)
Actuarial losses(a)	—		—		8,100		8,100
Reclassifications before tax	—		20,046		7,191		27,237
Income tax expense	—		(4,381)		(1,689)		(6,070)
	—		15,665		5,502		21,167
Other comprehensive (loss) income	(4,121)		9,928		5,502		11,309
Balance, end of period	$	(48,522)	$	7,923	$	(189,011)	$	(229,610)

	Three months ended March 28, 2021
	Foreign currency translation adjustments		Derivative financial instruments		Pension and postretirement benefit plans		Total
Balance, beginning of period	$	(7,589)	$	(46,116)	$	(429,712)	$	(483,417)
Other comprehensive loss, before reclassifications	(17,074)		(50,737)		—		(67,811)
Income tax (expense) benefit	(264)		11,092		—		10,828
	(17,338)		(39,645)		—		(56,983)
Reclassifications:
Net loss on derivative financial instruments	—		73,586		—		73,586
Prior service credits(a)	—		—		(893)		(893)
Actuarial losses(a)	—		—		18,650		18,650
Reclassifications before tax	—		73,586		17,757		91,343
Income tax expense	—		(16,411)		(4,169)		(20,580)
	—		57,175		13,588		70,763
Other comprehensive (loss) income	(17,338)		17,530		13,588		13,780
Balance, end of period	$	(24,927)	$	(28,586)	$	(416,124)	$	(469,637)

(a)Amounts reclassified are included in the computation of net periodic benefit (income) cost, discussed further in Note 15