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Accumulated Other Comprehensive Income (Loss) - Components of Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 29, 2024
Jul. 01, 2023
Jun. 29, 2024
Jul. 01, 2023
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]        
Beginning Balance, Gains and (Losses) on Hedging Derivatives $ (13,800) $ 1,700 $ (13,900) $ 26,100
Other comprehensive income (loss) before reclassifications, Gains and (Losses) on Hedging Derivatives 125 (4,428) (5,116) (29,003)
Amounts reclassified from accumulated other comprehensive income (loss) into earnings, Gains and (Losses) on Hedging Derivatives 7,475 [1] 6,228 [2] 12,816 [1] 6,403 [2]
Net current-period other comprehensive income (loss), Gains and (Losses) on Hedging Derivatives 7,600 1,800 7,700 (22,600)
Ending Balance, Gains and (Losses) on Hedging Derivatives (6,200) 3,500 (6,200) 3,500
Beginning Balance, Foreign Currency Gains (Losses) (174,643) (183,657) (159,175) (180,216)
Other comprehensive income (loss) before reclassifications, Foreign Currency Gains (Losses) (7,798) 34,586 (23,266) 31,145
Net current-period other comprehensive income (loss), Foreign Currency Gains (Losses) (7,798) 34,586 (23,266) 31,145
Ending Balance, Foreign Currency Gains (Losses) (182,441) (149,071) (182,441) (149,071)
Beginning Balance, Adjustment to Early Retiree Medical Plan 11,003 16,599 11,003 16,599
Ending Balance, Adjustment to Early Retiree Medical Plan 11,003 16,599 11,003 16,599
Beginning Balance (177,440) (165,358) (162,072) (137,517)
Other comprehensive income (loss) before reclassifications (7,673) 30,158 (28,382) 2,142
Amounts reclassified from accumulated other comprehensive income (loss) into earnings 7,475 [1] 6,228 [2] 12,816 [1] 6,403 [2]
Net current-period other comprehensive income (loss) (198) 36,386 (15,566) 8,545
Ending Balance $ (177,638) $ (128,972) $ (177,638) $ (128,972)
[1] Includes $7,475 and $12,816 net-of-tax impact of accumulated other comprehensive income (loss) reclassifications into cost of products sold for net losses on commodity contracts in the second quarter and first six months of 2024, respectively. The tax impact of those reclassifications was $2,400 and $4,200 in the second quarter and first six months of 2024, respectively.
[2] Includes $6,228 and $6,403 net-of-tax impact of accumulated other comprehensive income (loss) reclassifications into cost of products sold for net gains on commodity contracts in the second quarter and first six months of 2023, respectively. The tax impact of those reclassifications was $1,900 and $2,000 in the second quarter and first six months of 2023, respectively.