XML 32 R20.htm IDEA: XBRL DOCUMENT
v3.23.3

Stockholders' Equity | 9 Months Ended
--- | ---
Sep. 30, 2023
Equity [Abstract] |
Stockholders' Equity | Accumulated Other Comprehensive Income (Loss)
| Foreign currency translation adjustments |  | Prior pension and post- retirement benefit service cost and actuarial gain (loss) |  | Total
Balance as of December 31, 2022 | $ | (1,114,629) |  |  | 371 |  |  | (1,114,258) |
Current period other comprehensive income (loss) | (178,348) |  |  | (520) |  |  | (178,868) |
Balance as of September 30, 2023 | $ | (1,292,977) |  |  | (149) |  |  | (1,293,126) |
Stockholders’ Equity The following tables reflect the changes in stockholders’ equity for the three months ended September 30, 2023 and October 1, 2022 (in thousands).
|  | Total Stockholders’ Equity
|  | Common Stock | Additional Paid-in Capital | Retained Earnings | Accumulated Other Comprehensive Income (Loss) | Treasury Stock | Noncontrolling Interests | Total Stockholders’ Equity
| Shares | Amount | Shares | Amount
Balance as of July 1, 2023 |  | 71,018 |  | $710 |  | $1,937,320 |  | $7,591,215 |  | ($1,107,742) |  | (7,338) |  | ($215,397) |  | $5,914 |  | $8,212,020 |
Shares issued under employee and director stock plans, net of shares withheld to pay taxes on employees’ equity awards |  | 2 |  | — |  | (96) |  | — |  | — |  | — |  | — |  | — |  | (96) |
Stock-based compensation expense |  | — |  | — |  | 5,350 |  | — |  | — |  | — |  | — |  | — |  | 5,350 |
Net earnings attributable to noncontrolling interests |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 170 |  | 170 |
Currency translation adjustment on noncontrolling interests |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | (211) |  | (211) |
Currency translation adjustment |  | — |  | — |  | — |  | — |  | (185,372) |  | — |  | — |  | — |  | (185,372) |
Prior pension and post-retirement benefit service cost and actuarial loss |  | — |  | — |  | — |  | — |  | (12) |  | — |  | — |  | — |  | (12) |
Net earnings |  | — |  | — |  | — |  | (760,459) |  | — |  | — |  | — |  | — |  | (760,459) |
Balances as of September 30, 2023 |  | 71,020 |  | $710 |  | $1,942,574 |  | $6,830,756 |  | ($1,293,126) |  | (7,338) |  | ($215,397) |  | $5,873 |  | $7,271,390 |
|  | Total Stockholders’ Equity
|  | Common Stock | Additional Paid-in Capital | Retained Earnings | Accumulated Other Comprehensive Income (Loss) | Treasury Stock | Noncontrolling Interests | Total Stockholders’ Equity
| Shares | Amount | Shares | Amount
Balances as of July 2, 2022 |  | 70,878 |  | $709 |  | $1,919,742 |  | $7,910,657 |  | ($1,014,999) |  | (7,341) |  | ($215,491) |  | $6,320 |  | $8,606,938 |
Shares issued under employee and director stock plans, net of shares withheld to pay taxes on employees’ equity awards |  | — |  | — |  | (27) |  | — |  | — |  | — |  | — |  | — |  | (27) |
Stock-based compensation expense |  | — |  | — |  | 6,179 |  | — |  | — |  | — |  | — |  | — |  | 6,179 |
Repurchases of common stock |  | (3) |  | — |  | — |  | (384) |  | — |  | — |  | — |  | — |  | (384) |
Net earnings attributable to noncontrolling interests |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 256 |  | 256 |
Currency translation adjustment on noncontrolling interests |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | (273) |  | (273) |
Purchase of noncontrolling interest, net of taxes |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 1 |  | 1 |
Currency translation adjustment |  | — |  | — |  | — |  | — |  | (253,729) |  | — |  | — |  | — |  | (253,729) |
Prior pension and post-retirement benefit service cost and actuarial gain |  | — |  | — |  | — |  | — |  | 65 |  | — |  | — |  | — |  | 65 |
Net earnings |  | — |  | — |  | — |  | (533,969) |  | — |  | — |  | — |  | — |  | (533,969) |
Balances as of October 1, 2022 |  | 70,875 |  | $709 |  | $1,925,894 |  | $7,376,304 |  | ($1,268,663) |  | (7,341) |  | ($215,491) |  | $6,304 |  | $7,825,057 |
The following tables reflect the changes in stockholders’ equity for the nine months ended September 30, 2023 and October 1, 2022 (in thousands).
|  | Total Stockholders’ Equity
|  | Common Stock | Additional Paid-in Capital | Retained Earnings | Accumulated Other Comprehensive Income (Loss) | Treasury Stock | Noncontrolling Interest | Total Stockholders’ Equity
| Shares | Amount | Shares | Amount
Balances as of December 31, 2022 |  | 70,875 |  | $709 |  | $1,930,789 |  | $7,409,760 |  | ($1,114,258) |  | (7,341) |  | ($215,491) |  | $6,405 |  | $8,017,914 |
Shares issued under employee and director stock plans, net of shares withheld to pay taxes on employees’ equity awards |  | 145 |  | 1 |  | (4,001) |  | — |  | — |  | 3 |  | 94 |  | — |  | (3,906) |
Stock-based compensation expense |  | — |  | — |  | 15,733 |  | — |  | — |  | — |  | — |  | — |  | 15,733 |
Net earnings attributable to noncontrolling interests |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 205 |  | 205 |
Currency translation adjustment on noncontrolling interests |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | (584) |  | (584) |
Purchase of noncontrolling interest, net of taxes |  | — |  | — |  | 53 |  | — |  | — |  | — |  | — |  | (153) |  | (100) |
Currency translation adjustment |  | — |  | — |  | — |  | — |  | (178,348) |  | — |  | — |  | — |  | (178,348) |
Prior pension and post-retirement benefit service cost and actuarial loss |  | — |  | — |  | — |  | — |  | (520) |  | — |  | — |  | — |  | (520) |
Net earnings |  | — |  | — |  | — |  | (579,004) |  | — |  | — |  | — |  | — |  | (579,004) |
Balances as of September 30, 2023 |  | 71,020 |  | $710 |  | $1,942,574 |  | $6,830,756 |  | ($1,293,126) |  | (7,338) |  | ($215,397) |  | $5,873 |  | $7,271,390 |
|  | Total Stockholders’ Equity
|  | Common Stock | Additional Paid-in Capital | Retained Earnings | Accumulated Other Comprehensive Income (Loss) | Treasury Stock | Noncontrolling Interest | Total Stockholders’ Equity
| Shares | Amount | Shares | Amount
Balances as of December 31, 2021 |  | 72,952 |  | $729 |  | $1,911,131 |  | $7,692,064 |  | ($966,952) |  | (7,343) |  | ($215,547) |  | $6,791 |  | $8,428,216 |
Shares issued under employee and director stock plans, net of shares withheld to pay taxes on employees’ equity awards |  | 107 |  | 1 |  | (3,297) |  | — |  | — |  | 2 |  | 56 |  | — |  | (3,240) |
Stock-based compensation expense |  | — |  | — |  | 17,488 |  | — |  | — |  | — |  | — |  | — |  | 17,488 |
Repurchases of common stock |  | (2,184) |  | (21) |  | — |  | (307,551) |  | — |  | — |  | — |  | — |  | (307,572) |
Net earnings attributable to noncontrolling interests |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | 440 |  | 440 |
Currency translation adjustment on noncontrolling interests |  | — |  | — |  | — |  | — |  | — |  | — |  | — |  | (1) |  | (1) |
Purchase of noncontrolling interest, net of taxes |  | — |  | — |  | 572 |  | — |  | — |  | — |  | — |  | (926) |  | (354) |
Currency translation adjustment |  | — |  | — |  |  | — |  | (302,383) |  | — |  | — |  | — |  | (302,383) |
Prior pension and post-retirement benefit service cost and actuarial gain |  | — |  | — |  | — |  | — |  | 672 |  | — |  | — |  | — |  | 672 |
Net earnings |  | — |  | — |  | — |  | (8,209) |  | — |  | — |  | — |  | — |  | (8,209) |
Balances as of October 1, 2022 |  | 70,875 |  | $709 |  | $1,925,894 |  | $7,376,304 |  | ($1,268,663) |  | (7,341) |  | ($215,491) |  | $6,304 |  | $7,825,057 |

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for equity. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-13 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (h) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-13 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 14 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-14 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 235 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481062/946-235-50-2 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 235 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481062/946-235-50-2 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 505 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481004/946-505-50-6 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480237/815-40-50-6 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480008/505-10-S99-1 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(e)(1)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//505/tableOfContent Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-13 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (g) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-13 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (i) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-13 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 14 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-14 Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 14 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-14 Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 16 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-16 Reference 17: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 18 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-18 Reference 18: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 18 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-18 Reference 19: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 18 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-18 + Details
Name: | us-gaap_StockholdersEquityNoteDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration