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Other Comprehensive Earnings | 12 Months Ended
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Dec. 31, 2017
Other comprehensive earnings (loss) [Abstract] |
Other Comprehensive Earnings (Loss) | (2) Other Comprehensive Earnings (Loss) Components of other comprehensive earnings (loss) are presented within the consolidated statements of comprehensive earnings. The following table presents the related tax effects on changes in other comprehensive earnings (loss) for each of the three fiscal years ended December 31, 2017.
|  |  | 2017 |  | 2016 |  | 2015 |
| Other comprehensive earnings (loss), tax effect: |  |  |  |  |  |  |  |  |
| Tax benefit (expense) on unrealized holding gains | $ | 221 |  |  | (94) |  |  | 364 |
| Tax benefit (expense) on cash flow hedging activities |  | 4,850 |  |  | 1,340 |  |  | (11,190) |
| Tax (expense) benefit on unrecognized pension and postretirement |  |  |  |  |  |  |  |  |
| amounts |  | (2,363) |  |  | 12,945 |  |  | (928) |
| Reclassifications to earnings, tax effect: |  |  |  |  |  |  |  |  |
|  | Tax (benefit) expense on cash flow hedging activities |  | (4,881) |  |  | 4,098 |  |  | 5,435 |
|  | Tax (benefit) on amortization of unrecognized |  |  |  |  |  |  |  |  |
| pension and postretirement amounts |  | (3,482) |  |  | (3,038) |  |  | (1,861) |
| Total tax effect on other comprehensive earnings (loss) | $ | (5,655) |  |  | 15,251 |  |  | (8,180) |
| Changes in the components of accumulated other comprehensive earnings (loss), net of tax are as follows:
|  |  |  |  |  |  | Unrealized |  |  |  |  |  |
|  |  |  | Gains |  | Holding Gains |  | Foreign |  | Total Accumulated
|  | Pension and |  | (Losses) on |  | on Available |  | Currency |  | Other
|  | Postretirement |  | Derivative |  | for-Sale |  | Translation |  | Comprehensive
|  | Amounts |  | Instruments |  | Securities |  | Adjustments |  | Earnings(Loss)
2017 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at December 25, 2016 | $ | (118,401) |  |  | 51,085 |  |  | 1,424 |  |  | (128,678) |  |  | (194,570)
Current period other comprehensive |  | 1,555 |  |  | (90,302) |  |  | (390) |  |  | 32,017 |  |  | (57,120)
| earnings (loss) |  |  |  |  |  |  |  |  |  |  |  |  |  |
Reclassifications from AOCE to earnings |  | 5,875 |  |  | 6,390 |  |  | — |  |  | — |  |  | 12,265
Balance at December 31, 2017 | $ | (110,971) |  |  | (32,827) |  |  | 1,034 |  |  | (96,661) |  |  | (239,425)
2016 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at December 27, 2015 | $ | (102,931) |  |  | 79,317 |  |  | 1,258 |  |  | (123,645) |  |  | (146,001)
Current period other comprehensive |  | (20,829) |  |  | 25,748 |  |  | 166 |  |  | (5,033) |  |  | 52
| earnings (loss) |  |  |  |  |  |  |  |  |  |  |  |  |  |
Reclassifications from AOCE to earnings |  | 5,359 |  |  | (53,980) |  |  | — |  |  | — |  |  | (48,621)
Balance at December 25, 2016 | $ | (118,401) |  |  | 51,085 |  |  | 1,424 |  |  | (128,678) |  |  | (194,570)
2015 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at December 28, 2014 | $ | (113,092) |  |  | 43,689 |  |  | 1,900 |  |  | (27,951) |  |  | (95,454)
Current period other comprehensive |  | 6,892 |  |  | 86,155 |  |  | (642) |  |  | (95,694) |  |  | (3,289)
| earnings (loss) |  |  |  |  |  |  |  |  |  |  |  |  |  |
Reclassifications from AOCE to earnings |  | 3,269 |  |  | (50,527) |  |  | — |  |  | — |  |  | (47,258)
Balance at December 27, 2015 | $ | (102,931) |  |  | 79,317 |  |  | 1,258 |  |  | (123,645) |  |  | (146,001)
Gains (Losses) on Derivative Instruments At December 31, 2017, the Company had remaining net deferred losses on foreign currency forward contracts, net of tax, of $15,781 in AOCE. These instruments hedge payments related to inventory purchased in the fourth quarter of 2017 or forecasted to be purchased from 2018 through 2022, intercompany expenses expected to be paid or received during 2018, 2019 and 2020 and cash receipts for sales forecasted to be made in 2018. These amounts will be reclassified into the consolidated statements of operations upon the sale of the related inventory or recognition of the related sales, royalties or expenses. In addition to foreign currency forward contracts, the Company entered into hedging contracts on future interest payments related to the long-term notes due 2021 and 2044. At the date of debt issuance, these contracts were terminated and the fair value on the date of settlement was def erred in AOCE and is being amortized to interest expense over the life of the related notes using the effective interest rate method. At December 31, 2017, deferred losses, net of tax, of $17,046 related to these instruments remained in AOCE. For the year ended December 31, 2017, losses, net of tax of $1,170 related to these hedging instruments were reclassified from AOCE to net earnings. For each of the years ended December 25, 2016 and December 27, 2015, losses, net of tax of $1,148 related to these hedging instr uments were reclassified from AOCE to net earnings. In 2017, 2016 and 2015, net gains on cash flow hedging activities reclassified to earnings, net of tax, included (losses) gains of $(5,497), $1,428 and $1,111, respectively, as a result of hedge ineffe ctiveness. Of the net deferred losses included in AOCE at December 31, 2017, the Company expects approximately $12,096 to be reclassified to the consolidated statements of operations within the next 12 months. However, the amount ultimately realized in earnings is dependent on the fair value of the hedging instruments on the settlement dates. See notes 14 and 16 for additional discussion on reclassifications from AOCE to earnings.

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- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -URI http://asc.fasb.org/topic&trid=2134417 + Details
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