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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Oct. 01, 2023
Oct. 02, 2022
Cash Flows from Operating Activities:    
Net income/(loss) $ 394,071 $ 369,876
Adjustments to reconcile net income to net cash provided by operating activities:    
Asset impairments 26,122 13,857
Depreciation, depletion and amortization 249,387 231,095
Share-based compensation expense 21,123 25,453
Equity in earnings of affiliates, net (8,795) (10,151)
Cash dividends from affiliated companies 7,881 6,076
Net gain on disposition of assets (59,050) (178)
Net gain on divestiture of business and other assets (54,842) 0
Pension and postretirement plan expense 12,679 6,951
Pension and postretirement plan contributions (10,311) (33,548)
Increase in net deferred tax liabilities (14,451) (1,745)
Change in assets and liabilities, net of effects from acquisitions and foreign currency adjustments:    
Trade accounts receivable (84,342) (143,221)
Inventories 277,389 (287,609)
Payable to suppliers (125,712) 113,820
Prepaid expenses (14,285) (28,854)
Income taxes payable and other income tax items 9,549 44,493
Accrued expenses and other assets and liabilities (9,536) 15,740
Net cash provided by operating activities 616,877 322,055
Cash Flows from Investing Activities:    
Purchases of property, plant and equipment (254,874) (236,772)
Cost of acquisitions, net of cash acquired (313,362) (1,337,704)
Proceeds from the sale of business, net 31,147 0
Proceeds from the sale of assets, net 72,737 6,040
Other net investing activities 4,623 (1,976)
Net cash used in investing activities (459,729) (1,570,412)
Cash Flows from Financing Activities:    
Proceeds from issuance of debt 905,601 1,579,750
Principal repayment of debt (878,513) (70,556)
Net change in commercial paper 0 (64,000)
Net increase/(decrease) in outstanding checks 1,925 (16,509)
Cash dividends (147,477) (139,289)
Purchase of noncontrolling interest 0 (14,474)
Payments for share repurchases (10,605) (4,056)
Net cash (used in)/provided by financing activities (129,069) 1,270,866
Effects of Exchange Rate Changes on Cash 2,423 (11,249)
Net Increase in Cash and Cash Equivalents 30,502 11,260
Cash and cash equivalents at beginning of period 227,438 170,978
Cash and cash equivalents at end of period $ 257,940 $ 182,238