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Other Comprehensive Income
 6 Months Ended
Jul. 01, 2023
Equity [Abstract]  
Other Comprehensive Income Other Comprehensive Income/(Loss)The components of other comprehensive income/(loss) and the related tax impacts for the three and six months ended July 1, 2023 and July 2, 2022 are as follows (in thousands):
Three Months Ended
Before-TaxTax (Expense)Net-of-Tax
Amountor BenefitAmount
July 1, 2023July 2, 2022July 1, 2023July 2, 2022July 1, 2023July 2, 2022
Defined benefit pension plans
Amortization of prior service (cost)/benefit
$— $6 $— $(2)$— $4 
Amortization of actuarial loss434 570 (107)(146)327 424 
Total defined benefit pension plans434 576 (107)(148)327 428 
Soybean meal option derivatives
Reclassified to earnings(166)124 42 (31)(124)93 
Activity recognized in other comprehensive income/(loss)(163)(144)41 37 (122)(107)
Total soybean meal option derivatives(329)(20)83 6 (246)(14)
Corn option derivatives
Reclassified to earnings(653)7,238 165 (1,839)(488)5,399 
Activity recognized in other comprehensive income/(loss)597 726 (150)(184)447 542 
Total corn option derivatives(56)7,964 15 (2,023)(41)5,941 
Heating oil derivatives
Activity recognized in other comprehensive income/(loss)(23,292)24,847 5,917 (6,312)(17,375)18,535 
Total heating oil derivatives(23,292)24,847 5,917 (6,312)(17,375)18,535 
Interest swap derivatives
Reclassified to earnings(990)— 251 — (739)— 
Activity recognized in other comprehensive income/(loss)13,867 — (3,522)— 10,345 — 
Total interest swap derivatives12,877 — (3,271)— 9,606 — 
Foreign exchange derivatives
Reclassified to earnings(7,459)(6,280)2,539 2,055 (4,920)(4,225)
Activity recognized in other comprehensive income/(loss)21,515 (25,091)(7,324)8,597 14,191 (16,494)
Total foreign exchange derivatives14,056 (31,371)(4,785)10,652 9,271 (20,719)
Foreign currency translation82,696 (95,562)(104)1,707 82,592 (93,855)
Other comprehensive income/(loss)$86,386 $(93,566)$(2,252)$3,882 $84,134 $(89,684)
Six Months Ended
Before-TaxTax (Expense)Net-of-Tax
Amountor BenefitAmount
July 1, 2023July 2, 2022July 1, 2023July 2, 2022July 1, 2023July 2, 2022
Defined benefit pension plans
Amortization of prior service (cost)/benefit
$— $11 $— $(3)$— $8 
Amortization of actuarial loss868 1,140 (214)(291)654 849 
Total defined benefit pension plans868 1,151 (214)(294)654 857 
Soybean meal option derivatives
Reclassified to earnings(504)(317)128 81 (376)(236)
Activity recognized in other comprehensive income/(loss)(87)(24)22 6 (65)(18)
Total soybean meal option derivatives(591)(341)150 87 (441)(254)
Corn option derivatives
Reclassified to earnings(1,537)11,345 390 (2,882)(1,147)8,463 
Activity recognized in other comprehensive income/(loss)1,627 (10,159)(412)2,581 1,215 (7,578)
Total corn option derivatives90 1,186 (22)(301)68 885 
Heating oil derivatives
Activity recognized in other comprehensive income/(loss)5,140 2,377 (1,305)(604)3,835 1,773 
Total heating oil derivatives5,140 2,377 (1,305)(604)3,835 1,773 
Interest swap derivatives
Reclassified to earnings866 — (220)— 646 — 
Activity recognized in other comprehensive income/(loss)12,976 — (3,296)— 9,680 — 
Total interest swap derivatives13,842 — (3,516)— 10,326 — 
Foreign exchange derivatives
Reclassified to earnings(12,273)(7,351)4,176 2,415 (8,097)(4,936)
Activity recognized in other comprehensive income/(loss)34,844 20,331 (11,856)(6,679)22,988 13,652 
Total foreign exchange derivatives22,571 12,980 (7,680)(4,264)14,891 8,716 
Foreign currency translation139,555 (92,901)(746)2,428 138,809 (90,473)
Other comprehensive income/(loss)$181,475 $(75,548)$(13,333)$(2,948)$168,142 $(78,496)

The following table presents the amounts reclassified out of each component of other comprehensive income/(loss), net of tax for the three and six months ended July 1, 2023 and July 2, 2022 as follows (in thousands):
Three Months EndedSix Months Ended
July 1, 2023July 2, 2022July 1, 2023July 2, 2022Statement of Operations Classification
Derivative instruments
Soybean meal option derivatives$166 $(124)$504 $317 Net sales
Foreign exchange contracts7,459 6,280 12,273 7,351 Net sales
Corn option derivatives653 (7,238)1,537 (11,345)Cost of sales and operating expenses
Interest swaps990 — (866)— Foreign currency Gain/(loss) and interest expense
9,268 (1,082)13,448 (3,677)Total before tax
(2,997)(185)(4,474)386 Income taxes
6,271 (1,267)8,974 (3,291)Net of tax
Defined benefit pension plans
Amortization of prior service cost
$— $(6)$— $(11)(a)
Amortization of actuarial loss
(434)(570)(868)(1,140)(a)
(434)(576)(868)(1,151)Total before tax
107 148 214 294 Income taxes
(327)(428)(654)(857)Net of tax
Total reclassifications$5,944 $(1,695)$8,320 $(4,148)Net of tax

(a)These items are included in the computation of net periodic pension cost. See Note 14 (Employee Benefit Plans) to the Company's Consolidated Financial Statement included herein for additional information.

The following table presents changes in each component of accumulated other comprehensive income/(loss) as of July 1, 2023 as follows (in thousands):
Six Months Ended July 1, 2023
ForeignDefined
CurrencyDerivativeBenefit
TranslationInstrumentsPension PlansTotal
Accumulated Other Comprehensive loss December 31, 2022, attributable to Darling, net of tax$(374,368)$7,176 $(16,682)$(383,874)
Other comprehensive loss before reclassifications138,809 37,653 — 176,462 
Amounts reclassified from accumulated other comprehensive loss
— (8,974)654 (8,320)
Net current-period other comprehensive income138,809 28,679 654 168,142 
Noncontrolling interest
(3,171)— — (3,171)
Accumulated Other Comprehensive loss July 1, 2023, attributable to Darling, net of tax$(232,388)$35,855 $(16,028)$(212,561)