STOCKHOLDERS' EQUITY (Tables)

6 Months Ended

Jun. 29, 2025

Schedule of Changes in Accumulated Other Comprehensive Income (Loss)

The following tables provide information regarding the changes in accumulated other comprehensive loss:


	Six Months Ended June 29, 2025
	Losses Related to Foreign Currency Translation		Losses (Gains) on Derivative Financial Instruments Classified as Cash Flow Hedges		Losses Related to Pension and Other Postretirement Benefits		Losses on Available-for-Sale Securities		Total
	(In thousands)
Balance, beginning of period	$	(337,243)	$	(2,007)	$	(31,028)	$	(22)	$	(370,300)
Other comprehensive income (loss) before reclassifications	325,927		1,658		141		(64)		327,662
Amounts reclassified from accumulated other comprehensive loss (income) to net income	—		1,282		(1,152)		77		207
Currency translation	—		86		145		—		231
Net current period other comprehensive income (loss)	325,927		3,026		(866)		13		328,100
Balance, end of period	$	(11,316)	$	1,019	$	(31,894)	$	(9)	$	(42,200)


	Six Months Ended June 30, 2024
	Losses Related to Foreign Currency Translation		Losses on Derivative Financial Instruments Classified as Cash Flow Hedges		Losses Related to Pension and Other Postretirement Benefits		Losses on Available-for-Sale Securities		Total
	(In thousands)
Balance, beginning of period	$	(114,850)	$	(1,914)	$	(59,714)	$	(5)	$	(176,483)
Other comprehensive income (loss) before reclassifications	(114,136)		2,000		5,692		115		(106,329)
Amounts reclassified from accumulated other comprehensive loss (income) to net income	—		(2,061)		261		(177)		(1,977)
Currency translation	—		7		392		—		399
Net current period other comprehensive income (loss)	(114,136)		(54)		6,345		(62)		(107,907)
Balance, end of period	$	(228,986)	$	(1,968)	$	(53,369)	$	(67)	$	(284,390)

Schedule of Reclassification from Accumulated Other Comprehensive Income (Loss)


	Amount Reclassified from Accumulated Other Comprehensive Income (Loss)(a)
Details about Accumulated Other Comprehensive Income (Loss) Components	Six Months Ended June 29, 2025		Six Months Ended June 30, 2024		Affected Line Item in the Condensed Consolidated Statements of Income (Loss)
	(In thousands)
Realized gains (losses) on settlement of foreign currency derivatives classified as cash flow hedges	$	(1,313)	$	1,956	Net sales
Realized losses on settlement of foreign currency derivatives classified as cash flow hedges	31		105		Cost of sales
Realized gains (losses) on sale of securities	(102)		234		Interest income
Realized gains on settlement of pension obligations from plan termination	1,611		—		Miscellaneous, net
Amortization of pension and other postretirement plan actuarial losses(b)	(84)		(344)		Miscellaneous, net
Total before tax	143		1,951
Tax benefit	(350)		26
Total reclassification for the period	$	(207)	$	1,977

(a) Positive amounts represent income to the results of operations while amounts in parentheses represent expenses to the results of operations.

(b) These accumulated other comprehensive loss components are included in the computation of net periodic pension cost. See “Note 14. Pension and Other Postretirement Benefits.”