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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Apr. 02, 2023
Apr. 03, 2022
Cash Flows from Operating Activities:    
Net income $ 148,264 $ 115,607
Adjustments to reconcile net income to net cash provided by operating activities:    
Asset impairments 18,616 5,511
Depreciation, depletion and amortization 82,137 73,315
Share-based compensation expense 7,573 10,689
Equity in earnings of affiliates, net (1,856) (2,224)
Cash dividends from affiliated companies 1,875 350
Net (gain)/loss on disposition of assets (60,615) 190
Net gain on divestiture of business (11,065) 0
Pension and postretirement plan expense 4,408 2,232
Pension and postretirement plan contributions (4,931) (28,095)
Increase in net deferred tax liabilities 1,588 4,613
Change in assets and liabilities, net of effects from acquisitions and foreign currency adjustments:    
Trade accounts receivable (33,485) (129,670)
Inventories 13,549 (116,169)
Payable to suppliers (71,553) 60,356
Prepaid expenses 350 (6,954)
Income taxes payable and other income tax items 22,030 13,786
Accrued expenses and other assets and liabilities (18,883) (2,477)
Net cash provided by operating activities 98,002 1,060
Cash Flows from Investing Activities:    
Purchases of property, plant and equipment (83,401) (67,507)
Cost of acquisitions, net of cash acquired 0 (1,348,589)
Proceeds from the sale of business, net 13,839 0
Proceeds from the sale of assets, net 71,405 183
Other net investing activities (4,810) 145
Net cash used in investing activities (2,967) (1,415,768)
Cash Flows from Financing Activities:    
Proceeds from issuance of debt 9,621 1,530,145
Principal repayment of debt (84,162) (33,117)
Net change in commercial paper 12,000 (27,000)
Net increase (decrease) in outstanding checks 2,670 (15,759)
Cash dividends (47,731) (43,747)
Purchase of noncontrolling interest 0 (14,474)
Payments for share repurchases (10,576) (3,410)
Net cash (used in)/provided by financing activities (118,178) 1,392,638
Effects of Exchange Rate Changes on Cash 5,356 2,629
Net Decrease in Cash and Cash Equivalents (17,787) (19,441)
Cash and cash equivalents at beginning of period 227,438 170,978
Cash and cash equivalents at end of period $ 209,651 $ 151,537