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DERIVATIVE INSTRUMENTS - SCHEDULE OF THE EFFECT OF DERIVATIVE INSTRUMENTS ON THE CONSOLIDATED STATEMENTS OF INCOME (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2024 | Jul. 02, 2023 | Jun. 30, 2024 | Jul. 02, 2023
Derivative [Line Items] |  |  |  |
Gains (losses) recognized in income | $ (37,413) | $ (4,258) | $ 162,355 | $ (13,230)
Gains (losses) recognized in other comprehensive income (“OCI”) | 2,522 | (4,930) | 3,857 | (3,483)
Commodities futures and options |  |  |  |
Derivative [Line Items] |  |  |  |
Gains (losses) recognized in income | (38,300) | (6,437) | 159,464 | (17,051)
Foreign exchange contracts |  |  |  |
Derivative [Line Items] |  |  |  |
Gains (losses) recognized in income | 111 | 573 | (156) | 942
Interest rate swap agreements |  |  |  |
Derivative [Line Items] |  |  |  |
Gains (losses) recognized in income | 0 | 0 | 0 | 0
Deferred compensation derivatives |  |  |  |
Derivative [Line Items] |  |  |  |
Gains (losses) recognized in income | 776 | 1,606 | 3,047 | 2,879
Designated as Hedging Instrument | Cash Flow Hedges |  |  |  |
Derivative [Line Items] |  |  |  |
Gains (losses) recognized in other comprehensive income (“OCI”) | 2,522 | (4,930) | 3,857 | (3,483)
Gains (losses) reclassified from accumulated OCI (“AOCI”) into income | (1,796) | (7,246) | (3,650) | (9,253)
Designated as Hedging Instrument | Cash Flow Hedges | Commodities futures and options |  |  |  |
Derivative [Line Items] |  |  |  |
Gains (losses) recognized in other comprehensive income (“OCI”) | 0 | 0 | 0 | 0
Gains (losses) reclassified from accumulated OCI (“AOCI”) into income | 0 | 0 | 0 | 0
Designated as Hedging Instrument | Cash Flow Hedges | Foreign exchange contracts |  |  |  |
Derivative [Line Items] |  |  |  |
Gains (losses) recognized in other comprehensive income (“OCI”) | 2,522 | (4,930) | 3,857 | (6,656)
Gains (losses) reclassified from accumulated OCI (“AOCI”) into income | 505 | 966 | 950 | 1,728
Designated as Hedging Instrument | Cash Flow Hedges | Interest rate swap agreements |  |  |  |
Derivative [Line Items] |  |  |  |
Gains (losses) recognized in other comprehensive income (“OCI”) | 0 | 0 | 0 | 3,173
Gains (losses) reclassified from accumulated OCI (“AOCI”) into income | (2,301) | (8,212) | (4,600) | (10,981)
Designated as Hedging Instrument | Cash Flow Hedges | Deferred compensation derivatives |  |  |  |
Derivative [Line Items] |  |  |  |
Gains (losses) recognized in other comprehensive income (“OCI”) | 0 | 0 | 0 | 0
Gains (losses) reclassified from accumulated OCI (“AOCI”) into income | $ 0 | $ 0 | $ 0 | $ 0

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