Interest and Other Expense (Income), Net

12 Months Ended

Dec. 31, 2023

Other Income and Expenses [Abstract]

Interest and Other Expense (Income), Net

Interest and other expense, net, consisted of the following for the fiscal years ended:

 

	December 31, 2023		January 1, 2023		January 2, 2022
	(In thousands)
Interest income	$	(72,131)	$	(3,589)	$	(2,241)
Interest expense including costs of bridge financing	98,813		103,955		102,128
Change in fair value of financial securities	33,921		15,754		(10,985)
Other components of net periodic pension cost (credit)	19,006		(33,158)		(37,385)
Foreign exchange losses and other expense, net	37,977		7,900		3,358
Total interest and other expense, net	$	117,586	$	90,862	$	54,875