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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 | 9 Months Ended
--- | --- | ---
Sep. 29, 2024 | Oct. 01, 2023 | Sep. 29, 2024 | Oct. 01, 2023
Derivative [Line Items] |  |  |  |
Gains (losses) recognized in income | $ 34,156 | $ 15,417 | $ 196,511 | $ 2,187
Gains (losses) recognized in other comprehensive income (“OCI”) | 1,779 | 2,945 | 5,636 | (538)
Commodities futures and options |  |  |  |
Derivative [Line Items] |  |  |  |
Gains (losses) recognized in income | 32,270 | 17,103 | 191,734 | 52
Foreign exchange contracts |  |  |  |
Derivative [Line Items] |  |  |  |
Gains (losses) recognized in income | 621 | (583) | 465 | 359
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 | 1,265 | (1,103) | 4,312 | 1,776
Designated as Hedging Instrument | Cash Flow Hedges |  |  |  |
Derivative [Line Items] |  |  |  |
Gains (losses) recognized in other comprehensive income (“OCI”) | 1,779 | 2,945 | 5,636 | (538)
Gains (losses) reclassified from accumulated OCI (“AOCI”) into income | (560) | (4,198) | (4,210) | (13,451)
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”) | 1,779 | 2,945 | 5,636 | (3,711)
Gains (losses) reclassified from accumulated OCI (“AOCI”) into income | 1,714 | (1,924) | 2,664 | (196)
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 | (2,274) | (2,274) | (6,874) | (13,255)
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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