Interest and Other Expense (Income), Net

6 Months Ended

Jun. 30, 2024

Other Income and Expenses [Abstract]

Interest and Other Expense (Income), Net

Interest and Other Expense, Net

Interest and other (income) expense, net, consisted of the following:

	Three Months Ended				Six Months Ended
	June 30, 2024		July 2, 2023		June 30, 2024		July 2, 2023
	(In thousands)
Interest income	$	(20,512)	$	(25,046)	$	(40,598)	$	(30,318)
Interest expense	24,717		26,007		49,114		48,745
Change in fair value of financial securities	(7,777)		2,023		(6,971)		(745)
Other components of net periodic pension cost	1,905		2,286		3,822		4,475
Foreign exchange losses and other expense, net	729		1,232		3,262		31,024
Total interest and other (income) expense, net	$	(938)	$	6,502	$	8,629	$	53,181