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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jul. 02, 2023
Jul. 03, 2022
Jul. 02, 2023
Jul. 03, 2022
Statement of Comprehensive Income [Abstract]        
Net income $ 406,983 $ 315,556 $ 994,168 $ 849,034
Other comprehensive income, net of tax:        
Foreign currency translation (losses) gains during period, pre-tax amount 12,395 (16,758) 21,336 (2,340)
Foreign currency translation (losses) gains during period, tax (expense) benefit 0 0 0 0
Foreign currency translation (losses) gains during period, after-tax amount 12,395 (16,758) 21,336 (2,340)
Pension and post-retirement benefit plans:        
Net actuarial (loss) gain and service cost, pre-tax amount 905 (32,337) 924 (38,811)
Net actuarial (loss) gain and service cost, tax (expense) benefit (180) 7,758 (178) 7,191
Net actuarial (loss) gain and service cost, after tax 725 (24,579) 746 (31,620)
Reclassification to earnings, pre-tax amount 7,661 9,481 10,888 13,441
Reclassification to earnings, tax (expense) benefit (1,839) (2,275) (2,613) (3,226)
Reclassification to earnings, after-tax amount 5,822 7,206 8,275 10,215
Cash flow hedges:        
Gains (losses) on cash flow hedging derivatives, pre-tax amount (4,930) 5,278 (3,483) (646)
Gains (losses) on cash flow hedging derivatives, tax (expense) benefit (2,271) (1,511) (1,731) (637)
Gains (losses) derivatives, after-tax amount (7,201) 3,767 (5,214) (1,283)
Reclassification to earnings, pre-tax amount 7,246 4,289 9,253 6,885
Reclassification to earnings, tax (expense) benefit (2,021) (296) (3,104) (1,023)
Reclassification to earnings, after-tax amount 5,225 3,993 6,149 5,862
Total other comprehensive income, pre-tax amount 23,277 (30,047) 38,918 (21,471)
Total other comprehensive income, tax (expense) benefit (6,311) 3,676 (7,626) 2,305
Total other comprehensive income , after-tax amount 16,966 (26,371) 31,292 (19,166)
Comprehensive income $ 423,949 $ 289,185 $ 1,025,460 $ 829,868