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Accumulated Other Comprehensive Earnings (Loss) (Tables)
6 Months Ended
Jun. 28, 2014
Accumulated Other Comprehensive Earnings (Loss)  
Schedule of components of accumulated other comprehensive earnings (loss), net of tax

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

Accumulated

 

 

Foreign

 

 

 

Foreign

 

 

 

Postretirement

 

Other

 

 

Currency

 

 

 

Currency

 

Commodity

 

and Pension

 

Comprehensive

 

 

Translation

 

Investments

 

Derivatives

 

Derivatives

 

Benefits

 

Earnings (Loss)

Balance at December 31, 2013

    

$

(13,527)

    

$

54 

    

$

(436)

    

$

(96)

    

$

9,367 

    

$

(4,638)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive earnings (loss) before reclassifications

 

 

(699)

 

 

(20)

 

 

200 

 

 

155 

 

 

 -

 

 

(364)

Reclassifications from accumulated other comprehensive loss

 

 

 -

 

 

 -

 

 

288 

 

 

38 

 

 

(576)

 

 

(250)

Other comprehensive earnings (loss) before tax

 

 

(699)

 

 

(20)

 

 

488 

 

 

193 

 

 

(576)

 

 

(614)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at June 28, 2014

 

$

(14,226)

 

$

34 

 

$

52 

 

$

97 

 

$

8,791 

 

$

(5,252)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

Accumulated

 

 

Foreign

 

 

 

Foreign

 

 

 

Postretirement

 

Other

 

 

Currency

 

 

 

Currency

 

Commodity

 

and Pension

 

Comprehensive

 

 

Translation

 

Investments

 

Derivatives

 

Derivatives

 

Benefits

 

Earnings (Loss)

Balance at December 31, 2012

 

$

(13,406)

 

$

908 

 

$

 -

 

$

(111)

 

$

(3,838)

 

$

(16,447)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive earnings (loss) before reclassifications

 

 

(90)

 

 

(115)

 

 

(553)

 

 

(551)

 

 

 -

 

 

(1,309)

Reclassifications from accumulated other comprehensive loss

 

 

 -

 

 

 -

 

 

69 

 

 

505 

 

 

 -

 

 

574 

Other comprehensive earnings (loss) before tax

 

 

(90)

 

 

(115)

 

 

(484)

 

 

(46)

 

 

 -

 

 

(735)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at June 29, 2013

 

$

(13,496)

 

$

793 

 

$

(484)

 

$

(157)

 

$

(3,838)

 

$

(17,182)

 

Amount reclassified from accumulated other comprehensive income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount Reclassified from Accumulated Other Comprehensive Income (Loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Details about Accumulated Other

 

Quarter Ended

 

Year to Date Ended

 

 

Comprehensive Income Components

 

June 28, 2014

 

June 29, 2013

 

June 28, 2014

 

June 29, 2013

 

Location of (Gain) Loss Recognized in Earnings

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign currency derivatives

 

$

189 

 

$

73 

 

$

451 

 

$

108 

 

Other income, net

Commodity derivatives

 

 

(116)

 

 

473 

 

 

59 

 

 

793 

 

Product cost of goods sold

Postretirement and pension benefits

 

 

(230)

 

 

 -

 

 

(460)

 

 

 -

 

Selling, marketing and administrative expenses

Postretirement and pension benefits

 

 

(221)

 

 

 -

 

 

(442)

 

 

 -

 

Product cost of goods sold

Total before tax

 

 

(378)

 

 

546 

 

 

(392)

 

 

901 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Tax (expense) benefit

 

 

137 

 

 

(198)

 

 

142 

 

 

(326)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net of tax

 

$

(241)

 

$

348 

 

$

(250)

 

$

575