Accumulated Other Comprehensive Income (Tables)

9 Months Ended

Oct. 05, 2019

Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]

Summary of Reclassifications Out of AOCI

During the twelve and forty weeks ended October 5, 2019 and October 6, 2018, reclassifications out of AOCI were as follows (amounts in thousands):

	Amount Reclassified from AOCI
	For the Twelve Weeks Ended						Affected Line Item in the Statement
Details about AOCI Components (Note 2)	October 5, 2019			October 6, 2018			Where Net Income is Presented
Gains and losses on cash flow hedges:
Interest rate contracts	$	(33	)	$	(33	)	Interest expense
Commodity contracts		(313	)		(323	)	Cost of sales, Note 3
Total before tax		(346	)		(356	)	Total before tax
Tax benefit		87			90		Income tax expense
Total net of tax		(259	)		(266	)	Net of tax
Amortization of defined benefit pension items:
Prior-service costs		(80	)		(48	)	Note 1
Settlement loss		—			(930	)	Note 1
Actuarial losses		(1,574	)		(1,027	)	Note 1
Total before tax		(1,654	)		(2,005	)	Total before tax
Tax benefit		418			506		Income tax expense
Total net of tax		(1,236	)		(1,499	)	Net of tax
Total reclassifications	$	(1,495	)	$	(1,765	)	Net of tax

	Amount Reclassified from AOCI
	For the Forty Weeks Ended						Affected Line Item in the Statement
Details about AOCI Components (Note 2)	October 5, 2019			October 6, 2018			Where Net Income is Presented
Gains and losses on cash flow hedges:
Interest rate contracts	$	(110	)	$	(110	)	Interest income (expense)
Commodity contracts		3,942			(811	)	Cost of sales, Note 3
Total before tax		3,832			(921	)	Total before tax
Tax (expense) benefit		(968	)		232		Income tax expense
Total net of tax		2,864			(689	)	Net of tax
Amortization of defined benefit pension items:
Prior-service credits		(265	)		(129	)	Note 1
Settlement loss		—			(6,633	)	Note 1
Actuarial losses		(5,248	)		(3,624	)	Note 1
Total before tax		(5,513	)		(10,386	)	Total before tax
Tax benefit		1,392			2,622		Income tax expense
Total net of tax		(4,121	)		(7,764	)	Net of tax
Total reclassifications	$	(1,257	)	$	(8,453	)	Net of tax

Note 1: These items are included in the computation of net periodic pension cost and are reported in the other components of net periodic pension and postretirement benefits credit line item on the Condensed Consolidated Statements of Income.  See Note 18, Postretirement Plans, of Notes to Condensed Consolidated Financial Statements of this Form 10-Q for additional information.

Note 2: Amounts in parentheses indicate debits to determine net income.

Note 3: Amounts are presented as an adjustment to reconcile net income to net cash provided by operating activities on the     Condensed Consolidated Statements of Cash Flows.

Changes to AOCI, Net of Income Tax

During the forty weeks ended October 5, 2019, changes to AOCI, net of income tax, by component were as follows (amounts in thousands and parentheses denote a debit balance):

	Cash Flow Hedge Items			Defined Benefit Pension Plan Items			Total
AOCI at December 29, 2018	$	(4,135	)	$	(105,036	)	$	(109,171	)
Other comprehensive loss before reclassifications		(4,577	)		—			(4,577	)
Reclassified to earnings from AOCI		(2,864	)		4,121			1,257
AOCI at October 5, 2019	$	(11,576	)	$	(100,915	)	$	(112,491	)

During the forty weeks ended October 6, 2018, changes to AOCI, net of income tax, by component were as follows (amounts in thousands and parentheses denote a debit balance):

	Cash Flow Hedge Items			Defined Benefit Pension Plan Items			Total
AOCI at December 30, 2017	$	(6,483	)	$	(78,076	)	$	(84,559	)
Other comprehensive income (loss) before reclassifications		9,055			(19,883	)		(10,828	)
Reclassified to earnings from AOCI		689			7,764			8,453
Reclassified to retained earnings from AOCI		(1,709	)		(17,097	)		(18,806	)
AOCI at October 6, 2018	$	1,552		$	(107,292	)	$	(105,740	)

Loss Reclassified From AOCI for Commodity Contracts

The following table presents the net of tax amount of the loss reclassified from AOCI for our commodity contracts (amounts in thousands and positive value indicates debits to determine net income):

	For the Forty Weeks Ended
	October 5, 2019			October 6, 2018
Gross (gain) loss reclassified from AOCI into income	$	(3,942	)	$	811
Tax expense (benefit)		995			(205	)
Net of tax	$	(2,947	)	$	606