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Accumulated Other Comprehensive Income (Loss) (Tables) | 3 Months Ended
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Apr. 01, 2023
Equity [Abstract] |
Components of Accumulated Other Comprehensive Income (Loss) | The following tables reflect the changes in accumulated other comprehensive income (loss) by component for the three months ended April 1, 2023 and April 2, 2022 (in thousands):
|  | Three-Month (13-Week) Period Ended |
|  | April 1, 2023 |
|  | Gains and (Losses) on |  |  | Foreign Currency |  |  | Adjustment to Early |  |  |  |
|  | Hedging Derivatives |  |  | Gains (Losses) |  |  | Retiree Medical Plan |  |  | Total |
Accumulated other comprehensive income (loss) at December 31, 2022 |  | $ | 26,100 |  |  | $ | (180,216 | ) |  | $ | 16,599 |  |  | $ | (137,517 | )
Other comprehensive income (loss) before reclassifications |  |  | (24,575 | ) |  |  | (3,441 | ) |  |  | - |  |  |  | (28,016 | )
Amounts reclassified from accumulated other comprehensive income (loss) into earnings (1) |  |  | 175 |  |  | - |  |  |  | - |  |  |  | 175 |
Net current-period other comprehensive income (loss) |  |  | (24,400 | ) |  |  | (3,441 | ) |  |  | - |  |  |  | (27,841 | )
Accumulated other comprehensive income (loss) at April 1, 2023 |  | $ | 1,700 |  |  | $ | (183,657 | ) |  | $ | 16,599 |  |  | $ | (165,358 | )
|  | Three-Month (13-Week) Period Ended |
|  | April 2, 2022 |
|  | Gains and (Losses) on |  |  | Foreign Currency |  |  | Adjustment to Early |  |  |  |
|  | Hedging Derivatives |  |  | Gains (Losses) |  |  | Retiree Medical Plan |  |  | Total |
Accumulated other comprehensive income (loss) at December 31, 2021 |  | $ | 1,112 |  |  | $ | (124,868 | ) |  | $ | 8,474 |  |  | $ | (115,282 | )
Other comprehensive income (loss) before reclassifications |  |  | 53,476 |  |  |  | 22,692 |  |  |  | - |  |  |  | 76,168 |
Amounts reclassified from accumulated other comprehensive income (loss) into earnings (1) |  |  | (5,390 | ) |  |  | - |  |  |  | - |  |  |  | (5,390 | )
Net current-period other comprehensive income (loss) |  |  | 48,086 |  |  |  | 22,692 |  |  |  | - |  |  |  | 70,778 |
Accumulated other comprehensive income (loss) at April 2, 2022 |  | $ | 49,198 |  |  | $ | (102,176 | ) |  | $ | 8,474 |  |  | $ | (44,504 | )
(1) Includes $175 and $(5,390) net-of-tax impact of accumulated other comprehensive income (loss) reclassifications into cost of products sold for net (gains)/losses on commodity contracts in the first quarter of 2023 and 2022, respectively. The tax impact of those reclassifications was $100 and $(1,700) in the first quarter of 2023 and 2022, respectively.

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