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EARNINGS PER SHARE - SCHEDULE OF BASIC AND DILUTED EARNINGS PER SHARE (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 03, 2021
Sep. 27, 2020
Oct. 03, 2021
Sep. 27, 2020
Common stock        
Basic earnings per share:        
Allocation of distributed earnings (cash dividends paid) $ 131,247 $ 119,431 $ 366,934 $ 348,608
Allocation of undistributed earnings 191,575 206,491 462,505 371,084
Total earnings—basic $ 322,822 $ 325,922 $ 829,439 $ 719,692
Total weighted-average shares—basic (shares) 145,665 147,688 146,259 147,845
Earnings Per Share—basic (USD per share) $ 2.22 $ 2.21 $ 5.67 $ 4.87
Diluted earnings per share:        
Allocation of total earnings used in basic computation $ 322,822 $ 325,922 $ 829,439 $ 719,692
Reallocation of total earnings as a result of conversion of Class B common stock to Common stock 122,105 121,361 312,517 267,629
Reallocation of undistributed earnings 0 0 0 0
Total earnings—diluted $ 444,927 $ 447,283 $ 1,141,956 $ 987,321
Conversion of Class B common stock to Common shares outstanding 60,614 60,614 60,614 60,614
Total weighted-average shares—diluted (shares) 207,426 209,140 207,857 209,424
Earnings Per Share—diluted (USD per share) $ 2.14 $ 2.14 $ 5.49 $ 4.71
Common stock | Employee stock options        
Diluted earnings per share:        
Incremental common shares attributable to dilutive effect of share-based payment arrangements 625 557 613 599
Common stock | Performance and restricted stock units        
Diluted earnings per share:        
Incremental common shares attributable to dilutive effect of share-based payment arrangements 522 281 371 366
Class B common stock        
Basic earnings per share:        
Allocation of distributed earnings (cash dividends paid) $ 49,643 $ 44,308 $ 138,260 $ 129,410
Allocation of undistributed earnings 72,462 77,053 174,257 138,219
Total earnings—basic $ 122,105 $ 121,361 $ 312,517 $ 267,629
Total weighted-average shares—basic (shares) 60,614 60,614 60,614 60,614
Earnings Per Share—basic (USD per share) $ 2.01 $ 2.00 $ 5.16 $ 4.42
Diluted earnings per share:        
Allocation of total earnings used in basic computation $ 122,105 $ 121,361 $ 312,517 $ 267,629
Reallocation of total earnings as a result of conversion of Class B common stock to Common stock 0 0 0 0
Reallocation of undistributed earnings (369) (317) (847) (654)
Total earnings—diluted $ 121,736 $ 121,044 $ 311,670 $ 266,975
Conversion of Class B common stock to Common shares outstanding 0 0 0 0
Total weighted-average shares—diluted (shares) 60,614 60,614 60,614 60,614
Earnings Per Share—diluted (USD per share) $ 2.01 $ 2.00 $ 5.14 $ 4.40
Class B common stock | Employee stock options        
Diluted earnings per share:        
Incremental common shares attributable to dilutive effect of share-based payment arrangements 0 0 0 0
Class B common stock | Performance and restricted stock units        
Diluted earnings per share:        
Incremental common shares attributable to dilutive effect of share-based payment arrangements 0 0 0 0