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STOCKHOLDERS' EQUITY (Tables) | 6 Months Ended
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Jun. 30, 2024
Equity [Abstract] |
Schedule of Changes in Accumulated Other Comprehensive Income (Loss) | The following tables provide information regarding the changes in accumulated other comprehensive loss:
| Six Months Ended June 30, 2024
| Losses Related to Foreign Currency Translation |  | Losses on Derivative Financial Instruments Classified as Cash Flow Hedges |  | Losses Related to Pension and Other Postretirement Benefits |  | Losses on Available-for-Sale Securities |  | Total
| (In thousands)
Balance, beginning of period | $ | (114,850) |  |  | $ | (1,914) |  |  | $ | (59,714) |  |  | $ | (5) |  |  | $ | (176,483) |
Other comprehensive income (loss) before reclassifications | (114,136) |  |  | 2,000 |  |  | 5,692 |  |  | 115 |  |  | (106,329) |
Amounts reclassified from accumulated other comprehensive loss (gain) to net income | — |  |  | (2,061) |  |  | 261 |  |  | (177) |  |  | (1,977) |
Currency translation | — |  |  | 7 |  |  | 392 |  |  | — |  |  | 399 |
Net current period other comprehensive income (loss) | (114,136) |  |  | (54) |  |  | 6,345 |  |  | (62) |  |  | (107,907) |
Balance, end of period | $ | (228,986) |  |  | $ | (1,968) |  |  | $ | (53,369) |  |  | $ | (67) |  |  | $ | (284,390) |
| Six Months Ended June 25, 2023
| Losses Related to Foreign Currency Translation |  | Losses on Derivative Financial Instruments Classified as Cash Flow Hedges |  | Losses Related to Pension and Other Postretirement Benefits |  | Losses on Available-for-Sale Securities |  | Total
| (In thousands)
Balance, beginning of period | $ | (269,825) |  |  | $ | (1,162) |  |  | $ | (65,447) |  |  | $ | (14) |  |  | $ | (336,448) |
Other comprehensive income (loss) before reclassifications | 143,925 |  |  | (1,648) |  |  | 7,207 |  |  | (41) |  |  | 149,443 |
Amounts reclassified from accumulated other comprehensive loss (gain) to net income | — |  |  | (349) |  |  | 342 |  |  | 22 |  |  | 15 |
Currency translation | — |  |  | (11) |  |  | (341) |  |  | — |  |  | (352) |
Net current period other comprehensive income (loss) | 143,925 |  |  | (2,008) |  |  | 7,208 |  |  | (19) |  |  | 149,106 |
Balance, end of period | $ | (125,900) |  |  | $ | (3,170) |  |  | $ | (58,239) |  |  | $ | (33) |  |  | $ | (187,342) |
Schedule of Reclassification from Accumulated Other Comprehensive Loss |
| Amount Reclassified from Accumulated Other Comprehensive Loss(a) |  |
Details about Accumulated Other Comprehensive Loss Components | Six Months Ended June 30, 2024 |  | Six Months Ended June 25, 2023 |  | Affected Line Item in the Condensed Consolidated Statements of Income
| (In thousands) |  |
Realized gains on settlement of foreign currency derivatives classified as cash flow hedges | $ | 1,956 |  |  | $ | 335 |  |  | Net sales
Realized gains on settlement of foreign currency derivatives classified as cash flow hedges | 105 |  |  | 14 |  |  | Cost of sales
Realized gains (losses) on sale of securities | 234 |  |  | (29) |  |  | Interest income
Amortization of pension and other postretirement plan actuarial losses(b) | (344) |  |  | (448) |  |  | Miscellaneous, net
Total before tax | 1,951 |  |  | (128) |  |  |
Tax benefit | 26 |  |  | 113 |  |  |
Total reclassification for the period | $ | 1,977 |  |  | $ | (15) |  |  |
(a) Positive amounts represent income to the results of operations while amounts in parentheses represent expenses to the results of operations. (b) These accumulated other comprehensive loss components are included in the computation of net periodic pension cost. See “Note 14. Pension and Other Postretirement Benefits.”

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