Other Comprehensive Income (Tables)

6 Months Ended

Jul. 01, 2023

Disclosure Other Comprehensive Income Additional Information [Abstract]

Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]

Changes in accumulated other comprehensive income(1) were as follows (in thousands):

	Currency Translation Adjustment		Pension Benefit Costs		Unrealized Gain/(Loss) Interest Rate Swap		Unrealized Loss Certain Investments		Total
Balance as of December 31, 2022	$	(205,345)	$	(121,701)	$	48,574	$	—	$	(278,472)
Other comprehensive income before reclassification	31,851		(6,106)		13,173		—		38,918
Amounts reclassified from accumulated other comprehensive income	—		1,126		(15,284)		—		(14,158)
Net current-period other comprehensive income	$	31,851	$	(4,980)	$	(2,111)	—		$	24,760
Balance as of July 1, 2023	$	(173,494)	$	(126,681)	$	46,463	—		$	(253,712)
Balance as of January 1, 2022	$	(97,654)	$	(249,696)	$	(13,064)	$	1,330	$	(359,084)
Other comprehensive income before reclassification	(119,402)		26,199		31,427		(1,330)		(63,106)
Amounts reclassified from accumulated other comprehensive income	—		—		7,817		—		7,817
Net current-period other comprehensive income	$	(119,402)	$	26,199	$	39,244	$	(1,330)	$	(55,289)
Balance as of July 2, 2022	$	(217,056)	$	(223,497)	$	26,180	$	—	$	(414,373)

Schedule of Comprehensive Income (Loss)

Components of other comprehensive income were as follows (in thousands):

	Three Months Ended				Six Months Ended
	Jul 1, 2023		Jul 2, 2022		Jul 1, 2023		Jul 2, 2022
Net earnings	$	116,850	$	113,248	$	215,939	$	199,003
Currency translation adjustment	4,892		(92,211)		31,851		(119,402)
Pension liability adjustment, net of tax	(2,171)		19,955		(4,980)		26,199
Unrealized gain (loss) on interest rate swaps, net of tax	6,210		8,128		(2,111)		39,244
Unrealized loss on certain investments, net of tax	—		(2,678)		—		(1,330)
Comprehensive income	$	125,781	$	46,442	$	240,699	$	143,714