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Accumulated Other Comprehensive Loss (Tables) | 3 Months Ended
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Apr. 04, 2021
Equity [Abstract] |
Components of accumulated other comprehensive loss | The following table summarizes the components of accumulated other comprehensive loss and the changes in the balances of each component of accumulated other comprehensive loss, net of tax as applicable, for the three months ended April 4, 2021 and March 29, 2020:
|  | Foreign Currency Items |  | Defined Benefit Pension Items |  | Cash Flow Hedges |  | Accumulated Other Comprehensive Loss
Balance at December 31, 2020 |  | $ | (194,024) |  |  | $ | (562,747) |  |  | $ | (71) |  |  | $ | (756,842) |
Other comprehensive (loss)/income before reclassifications |  | (32,021) |  |  | 115 |  |  | 998 |  |  | (30,908) |
Amounts reclassified from accumulated other comprehensive loss to net income |  | — |  |  | 5,270 |  |  | (30) |  |  | 5,240 |
Amounts reclassified from accumulated other comprehensive loss to fixed assets |  | — |  |  | — |  |  | (10) |  |  | (10) |
Other comprehensive (loss)/income |  | (32,021) |  |  | 5,385 |  |  | 958 |  |  | (25,678) |
Balance at April 4, 2021 |  | $ | (226,045) |  |  | $ | (557,362) |  |  | $ | 887 |  |  | $ | (782,520) |
Balance at December 31, 2019 |  | $ | (241,994) |  |  | $ | (574,413) |  |  | $ | (396) |  |  | $ | (816,803) |
Other comprehensive (loss)/income before reclassifications |  | (93,575) |  |  | 197 |  |  | (5,620) |  |  | (98,998) |
Amounts reclassified from accumulated other comprehensive loss to net income |  | — |  |  | 5,583 |  |  | 1,065 |  |  | 6,648 |
Other comprehensive (loss)/income |  | (93,575) |  |  | 5,780 |  |  | (4,555) |  |  | (92,350) |
Balance at March 29, 2020 |  | $ | (335,569) |  |  | $ | (568,633) |  |  | $ | (4,951) |  |  | $ | (909,153) |
Effects on net income of significant amounts reclassified from accumulated other comprehensive loss | The following table summarizes the effects on net income of significant amounts reclassified from each component of accumulated other comprehensive loss for the three-month periods ended April 4, 2021 and March 29, 2020:
|  |  |  | Amount Reclassified from Accumulated Other Comprehensive Loss |  |
|  |  | Three Months Ended |  |
Details about Accumulated Other Comprehensive Loss Components |  |  |  | April 4, 2021 | March 29, 2020 |  | Affected Line Item in the Condensed Consolidated Statements of Income
Gains/(losses) on cash flow hedges |  |  |  |  |
Foreign exchange contracts |  |  |  | $ | 340 |  | $ | (1,138) |  |  | Net sales
Foreign exchange contracts |  |  |  | (228) |  | 827 |  |  | Cost of sales
Commodity contracts |  |  |  | (71) |  | (1,079) |  |  | Cost of sales
|  |  |  | 41 |  | (1,390) |  |  | Income before income taxes
|  |  |  | (11) |  | 325 |  |  | Provision for income taxes
|  |  |  | 30 |  | (1,065) |  |  | Net income
Defined benefit pension items |  |  |  |  |  |  |
Effect of settlement loss(a) |  |  |  | — |  | (623) |  |  | Non-operating pension costs
Amortization of defined benefit pension items(a) |  |  |  | (6,901) |  | (6,861) |  |  | Non-operating pension costs
|  |  |  | (6,901) |  | (7,484) |  |  | Income before income taxes
|  |  |  | 1,631 |  | 1,901 |  |  | Provision for income taxes
|  |  |  | (5,270) |  | (5,583) |  |  | Net income
Total reclassifications for the period |  |  |  | $ | (5,240) |  | $ | (6,648) |  |  | Net income
(a) See Note 10 for additional details.
Before and after tax amounts for comprehensive income (loss) components | The following table summarizes the before and after tax amounts for the various components of other comprehensive income/(loss) for the three-month periods ended April 4, 2021 and March 29, 2020:
|  |  | Three months ended April 4, 2021 |  | Three months ended March 29, 2020
|  |  | Before Tax Amount | Tax (Expense) Benefit | After Tax Amount |  | Before Tax Amount | Tax (Expense) Benefit | After Tax Amount
Foreign currency items: |  |  |  |  |  |  |  |
| Net other comprehensive loss from foreign currency items(a) |  | $ | (32,021) |  | $ | — |  | $ | (32,021) |  |  | $ | (85,994) |  | $ | (7,581) |  | $ | (93,575) |
Defined benefit pension items: |  |  |  |  |  |  |  |
| Other comprehensive income/(loss) before reclassifications |  | 151 |  | (36) |  | 115 |  |  | 264 |  | (67) |  | 197 |
| Amounts reclassified from accumulated other comprehensive loss to net income |  | 6,901 |  | (1,631) |  | 5,270 |  |  | 7,484 |  | (1,901) |  | 5,583 |
| Net other comprehensive income/(loss) from defined benefit pension items |  | 7,052 |  | (1,667) |  | 5,385 |  |  | 7,748 |  | (1,968) |  | 5,780 |
Gains and losses on cash flow hedges: |  |  |  |  |  |  |  |
| Other comprehensive income/(loss) before reclassifications |  | 1,338 |  | (340) |  | 998 |  |  | (7,333) |  | 1,713 |  | (5,620) |
| Amounts reclassified from accumulated other comprehensive loss to net income |  | (41) |  | 11 |  | (30) |  |  | 1,390 |  | (325) |  | 1,065 |
| Amounts reclassified from accumulated other comprehensive loss to fixed assets |  | (13) |  | 3 |  | (10) |  |  | — |  | — |  | — |
| Net other comprehensive income/(loss) from cash flow hedges |  | 1,284 |  | (326) |  | 958 |  |  | (5,943) |  | 1,388 |  | (4,555) |
Other comprehensive loss |  | $ | (23,685) |  | $ | (1,993) |  | $ | (25,678) |  |  | $ | (84,189) |  | $ | (8,161) |  | $ | (92,350) |
(a)Other comprehensive loss from foreign currency items for the three months ended March 29, 2020, includes the settlement gain and corresponding tax provision related to the termination of a net investment hedge. See Note 8 for more information.

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- Definition Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121641772&loc=d3e526-108580 + Details
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