Fair Value Measurements (Tables)

6 Months Ended

Jun. 28, 2020

Fair Value Disclosures [Abstract]

Assets and liabilities measured on recurring basis

The following table sets forth information regarding the Company’s financial assets and financial liabilities, excluding retirement and postretirement plan assets, measured at fair value on a recurring basis:

Description	June 28, 2020		Assets measured at NAV		Level 1		Level 2		Level 3
Hedge derivatives, net:
Commodity contracts	$	(1,722)	$	—	$	—	$	(1,722)	$	—
Foreign exchange contracts	$	(2,299)	$	—	$	—	$	(2,299)	$	—
Non-hedge derivatives, net:
Commodity contracts	185		—		—		$	185	—
Foreign exchange contracts	$	(164)	$	—	$	—	$	(164)	$	—
Description	December 31, 2019		Assets measured at NAV		Level 1		Level 2		Level 3
Hedge derivatives, net:
Commodity contracts	$	(1,625)	$	—	$	—	$	(1,625)	$	—
Foreign exchange contracts	$	1,058	$	—	$	—	$	1,058	$	—
Non-hedge derivatives, net:
Foreign exchange contracts	$	54	$	—	$	—	$	54	$	—