Accumulated Other Comprehensive Loss

12 Months Ended

Oct. 25, 2015

Accumulated Other Comprehensive Loss

Accumulated Other Comprehensive Loss

NOTE J

Accumulated Other Comprehensive Loss

Components of accumulated other comprehensive loss are as follows:

							Accumulated
	Foreign				Deferred		Other
	Currency		Pension &		Gain (Loss)		Comprehensive
(in thousands)	Translation		Other Benefits		– Hedging		Loss
Balance at October 28, 2012	$ 12,415		$ (345,465	)	$ 9,481		$ (323,569	)
Unrecognized gains (losses):
Gross	(3,024	)	273,408		(18,329	)	252,055
Tax effect	–		(102,846	)	6,898		(95,948	)
Reclassification into net earnings:
Gross	–		35,327	(1)	(5,871	)(2)	29,456
Tax effect	–		(13,425	)	2,217		(11,208	)
Net of tax amount	(3,024	)	192,464		(15,085	)	174,355
Balance at October 27, 2013	$ 9,391		$ (153,001	)	$ (5,604	)	$ (149,214	)
Unrecognized gains (losses):
Gross	(1,911	)	(91,684	)	(16,701	)	(110,296	)
Tax effect	–		34,737		6,305		41,042
Reclassification into net earnings:
Gross	–		6,387	(1)	10,925	(2)	17,312
Tax effect	–		(2,425	)	(4,119	)	(6,544	)
Net of tax amount	(1,911	)	(52,985	)	(3,590	)	(58,486	)
Balance at October 26, 2014	$ 7,480		$ (205,986	)	$ (9,194	)	$ (207,700	)
Unrecognized gains (losses):
Gross	(6,116	)	(46,389	)	3,409		(49,096	)
Tax effect	–		17,492		(1,285	)	16,207
Reclassification into net earnings:
Gross	–		12,259	(1)	12,369	(2)	24,628
Tax effect	–		(4,642	)	(4,670	)	(9,312	)
Net of tax amount	(6,116	)	(21,280	)	9,823		(17,573	)
Purchase of additional ownership of noncontrolling interest	(395	)	–		–		(395	)
Balance at October 25, 2015	$ 969		$ (227,266	)	$ 629		$ (225,668	)

⁽¹⁾ Included in computation of net periodic cost (see Note G for additional details).

⁽²⁾ Included in cost of products sold in the Consolidated Statements of Operations.