Accumulated Other Comprehensive Income (Loss) (Tables)

12 Months Ended

Dec. 25, 2021

The following table provides changes in AOCI by component, net of taxes and noncontrolling interest (amounts in parentheses indicate debits to AOCI):


(In thousands)	Cumulative Translation Adjustment		Unrealized Gain (Loss) on Derivatives		Pension/ OPEB Liability Adjustment		Attributable to Unconsol. Affiliates		Total

Balance at December 28, 2019	$	(46,198)	$	476	$	(21,855)	$	(1,193)	$	(68,770)

Other comprehensive income (loss) before reclassifications	8,859		(4,583)		(3,639)		(132)		505
Amounts reclassified from AOCI	—		5,091		8,291		—		13,382




Balance at December 26, 2020	(37,339)		984		(17,203)		(1,325)		(54,883)

Other comprehensive (loss) income before reclassifications	(4,964)		2,361		4,899		978		3,274
Amounts reclassified from AOCI	—		(2,542)		804		—		(1,738)




Balance at December 25, 2021	$	(42,303)	$	803	$	(11,500)	$	(347)	$	(53,347)

Reclassification adjustments out of AOCI were as follows:


	Amount reclassified from AOCI
(In thousands)	2021		2020		2019		Affected Line Item

Unrealized losses (gains) on derivatives:
Commodity contracts	$	(3,848)	$	6,337	$	(587)	Cost of goods sold

	1,306		(1,246)		101		Income tax expense (benefit)

	$	(2,542)	$	5,091	$	(486)	Net of tax and noncontrolling interests

Amortization of net loss (gain) and prior service cost on employee benefit plans	$	—	$	11,642	$	—	Pension plan termination expense
	963		(998)		960		Other income, net
	(159)		(2,353)		(163)		Income tax benefit

	$	804	$	8,291	$	797	Net of tax and noncontrolling interests