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Shareholders' Equity | 3 Months Ended
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Apr. 01, 2023
Accumulated Other Comprehensive Income (Loss) [Line Items] |
Stockholders' Equity Note Disclosure [Text Block] | Shareholders’ Equity Accumulated Other Comprehensive Income (Loss) The following table presents the changes in Accumulated other comprehensive income (loss), excluding noncontrolling interests:
|  | Quarter Ended |  |
(thousands) |  | April 1, 2023 |  | April 2, 2022 |  |  |  |
Foreign Currency Translation Adjustment and Other: |  |  |  |  |  |  |  |
Other comprehensive income (loss) before reclassifications (a) |  | $ | 8,008 |  |  | $ | (48,700) |  |  |  |  |
Amounts reclassified into income |  | 200 |  |  | (341) |  |  |  |  |
Unrealized Gain on Foreign Exchange Contracts Designated as Net Investment Hedges, Net: |  |  |  |  |  |  |  |
Other comprehensive income before reclassifications (b) |  | 1,125 |  |  | 1,094 |  |  |  |  |
Amounts reclassified into income |  | (1,558) |  |  | (1,669) |  |  |  |  |
Unrealized Gain (Loss) on Interest Rate Swaps Designated as Cash Flow Hedges, Net: |  |  |  |  |  |  |  |
Other comprehensive income (loss) before reclassifications (b) |  | (4,347) |  |  | 7,547 |  |  |  |  |
Amounts reclassified into income |  | 638 |  |  | 658 |  |  |  |  |
Employee Benefit Plan Items, Net: |  |  |  |  |  |  |  |
Amounts reclassified into income |  | (272) |  |  | 99 |  |  |  |  |
Net change in Accumulated other comprehensive income (loss) |  | $ | 3,794 |  |  | $ | (41,312) |  |  |  |  |
(a) Foreign currency translation adjustment includes intra-entity foreign currency transactions that are of a long-term investment nature of $5.6 million and $(8.3) million for the first quarter of 2023 and 2022, respectively. (b) For additional information related to net investment hedges and interest rate swaps refer to Note H. Common Stock Outstanding Activity The following table sets forth the activity in the number of shares outstanding:
(thousands) | Common Stock Issued |  | Treasury Stock |  | Common Stock Outstanding
Common stock outstanding at December 31, 2022 | 125,424 |  |  | 66,175 |  |  | 59,249 |
Shares issued for stock-based compensation awards | — |  |  | (313) |  |  | 313 |
Repurchases of common stock | — |  |  | 2,564 |  |  | (2,564) |
Common stock outstanding at April 1, 2023 | 125,424 |  |  | 68,426 |  |  | 56,998 |
(thousands) | Common Stock Issued |  | Treasury Stock |  | Common Stock Outstanding
Common stock outstanding at December 31, 2021 | 125,424 |  |  | 57,358 |  |  | 68,066 |
Shares issued for stock-based compensation awards | — |  |  | (385) |  |  | 385 |
Repurchases of common stock | — |  |  | 2,015 |  |  | (2,015) |
Common stock outstanding at April 2, 2022 | 125,424 |  |  | 58,988 |  |  | 66,436 |
Share-Repurchase Program The following table shows the company’s Board of Directors (the “Board”) approved share-repurchase programs as of April 1, 2023:
Share-Repurchase Details by Month of Board Approval (thousands) |  | Dollar Value Approved for Repurchase |  | Dollar Value of Shares Repurchased |  | Approximate Dollar Value of Shares that May Yet be Purchased Under the Program
July 2021 |  | $ | 600,000 |  |  | $ | 600,000 |  |  | $ | — |
December 2021 |  | 600,000 |  |  | 600,000 |  |  | — |
September 2022 |  | 600,000 |  |  | 571,503 |  |  | 28,497 |
January 2023 |  | 1,000,000 |  |  | — |  |  | 1,000,000 |
Total |  | $ | 2,800,000 |  |  | $ | 1,771,503 |  |  | $ | 1,028,497 |
The company repurchased 2.6 million shares of common stock for $300.2 million and 2.0 million shares of common stock for $250.0 million in the first quarter of 2023 and 2022, respectively, under the company's share-repurchase program. On January 31, 2023, the company's Board of Directors approved a $1.0 billion increase to the company's share-repurchase program. As of April 1, 2023, approximately $1.0 billion remained available for repurchase under the program. The company's share-repurchase program does not have an expiration date

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