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Accumulated Other Comprehensive Income (Loss) (Tables) | 6 Months Ended
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Jun. 29, 2024
Equity [Abstract] |
Schedule of Changes in AOCI by Component, Net of Taxes and Noncontrolling Interest | The following tables provide changes in AOCI by component, net of taxes and noncontrolling interests (amounts in parentheses indicate debits to AOCI):
|  | For the Six Months Ended June 29, 2024
(In thousands) |  | Cumulative Translation Adjustment |  | Unrealized Gain (Loss) on Derivatives |  | Pension/OPEB Liability Adjustment |  | Attributable to Unconsol. Affiliates |  | Total
Balance as of December 30, 2023 |  | $ | (48,076) |  |  | $ | 213 |  |  | $ | (2,630) |  |  | $ | 3,272 |  |  | $ | (47,221) |
Other comprehensive (loss) income before reclassifications |  | (10,882) |  |  | 1,151 |  |  | 37 |  |  | (1,583) |  |  | (11,277) |
Amounts reclassified from AOCI |  | — |  |  | (1,570) |  |  | (94) |  |  | — |  |  | (1,664) |
Net current-period other comprehensive loss |  | (10,882) |  |  | (419) |  |  | (57) |  |  | (1,583) |  |  | (12,941) |
Balance as of June 29, 2024 |  | $ | (58,958) |  |  | $ | (206) |  |  | $ | (2,687) |  |  | $ | 1,689 |  |  | $ | (60,162) |
|  | For the Six Months Ended July 1, 2023
(In thousands) |  | Cumulative Translation Adjustment |  | Unrealized Gain (Loss) on Derivatives |  | Pension/OPEB Liability Adjustment |  | Attributable to Unconsol. Affiliates |  | Total
Balance as of December 31, 2022 |  | $ | (69,238) |  |  | $ | 1,486 |  |  | $ | 1,222 |  |  | $ | 2,355 |  |  | $ | (64,175) |
Other comprehensive income before reclassifications |  | 18,012 |  |  | 1,006 |  |  | 148 |  |  | 1,638 |  |  | 20,804 |
Amounts reclassified from AOCI |  | — |  |  | (2,731) |  |  | (147) |  |  | — |  |  | (2,878) |
Net current-period other comprehensive income (loss) |  | 18,012 |  |  | (1,725) |  |  | 1 |  |  | 1,638 |  |  | 17,926 |
Balance as of July 1, 2023 |  | $ | (51,226) |  |  | $ | (239) |  |  | $ | 1,223 |  |  | $ | 3,993 |  |  | $ | (46,249) |
Schedule of Reclassification Adjustments Out of AOCI | Reclassification adjustments out of AOCI were as follows:
|  | Amount reclassified from AOCI
|  | For the Quarter Ended |  | For the Six Months Ended |  |
(In thousands) |  | June 29, 2024 |  | July 1, 2023 |  | June 29, 2024 |  | July 1, 2023 |  | Affected line item
Unrealized gains on derivative commodity contracts |  | $ | (1,531) |  |  | $ | (960) |  |  | $ | (2,014) |  |  | $ | (3,511) |  |  | Cost of goods sold
|  | 334 |  |  | 218 |  |  | 444 |  |  | 780 |  |  | Income tax expense
|  | $ | (1,197) |  |  | $ | (742) |  |  | $ | (1,570) |  |  | $ | (2,731) |  |  | Net of tax and noncontrolling interests
Amortization of net (gain) loss and prior service (credit) cost on employee benefit plans |  | $ | (67) |  |  | $ | (99) |  |  | $ | (132) |  |  | $ | (197) |  |  | Other (expense) income, net
|  | 19 |  |  | 25 |  |  | 38 |  |  | 50 |  |  | Income tax expense
|  | $ | (48) |  |  | $ | (74) |  |  | $ | (94) |  |  | $ | (147) |  |  | Net of tax and noncontrolling interests

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