Interest and Other Expense (Income), Net

9 Months Ended

Sep. 29, 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				Nine Months Ended
	September 29, 2024		October 1, 2023		September 29, 2024		October 1, 2023
	(In thousands)
Interest income	$	(22,764)	$	(23,450)	$	(63,362)	$	(53,768)
Interest expense	24,383		25,486		73,497		74,231
Change in fair value of financial securities	(7,004)		13,587		(13,975)		12,842
Other components of net periodic pension cost	1,956		497		5,778		4,972
Foreign exchange losses and other expense, net	1,223		2,505		4,485		33,529
Total interest and other (income) expense, net	$	(2,206)	$	18,625	$	6,423	$	71,806