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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2024
Apr. 02, 2023
Cash Flows from Operating Activities:    
Net income $ 65,273 $ 148,264
Adjustments to reconcile net income to net cash provided by operating activities:    
Asset impairments 8,346 18,616
Depreciation, depletion and amortization 90,559 82,137
Share-based compensation expense 8,325 7,573
Equity in earnings of affiliates, net (1,137) (1,856)
Cash dividends from affiliated companies 41 1,875
Net loss/(gain) on disposition of assets 18 (60,615)
Net gain on divestiture of business and other assets 0 (11,065)
Pension and postretirement plan expense 4,104 4,408
Pension and postretirement plan contributions (3,989) (4,931)
Net (decrease)/increase in deferred tax liabilities (4,869) 1,588
Change in assets and liabilities, net of effects from acquisitions, divestitures and foreign currency adjustments:    
Trade accounts receivable (43,334) (33,485)
Inventories 18,407 13,549
Payable to suppliers 25,697 (71,553)
Prepaid expenses (3,572) 350
Income taxes payable and other income tax items 9,436 22,030
Accrued expenses and other assets and liabilities (7,070) (18,883)
Net cash provided by operating activities 166,235 98,002
Cash Flows from Investing Activities:    
Purchases of property, plant and equipment (86,458) (83,401)
Cost of acquisitions, net of cash acquired (452) 0
Proceeds from the sale of business, net 0 13,839
Proceeds from the sale of assets, net 101 71,405
Investment in affiliated companies 0 (5,000)
Other net investing activities 5,077 190
Net cash used by investing activities (81,732) (2,967)
Cash Flows from Financing Activities:    
Proceeds from issuance of debt 19,674 9,621
Principal repayment of debt (21,448) (84,162)
Net change in commercial paper 0 12,000
Net (decrease)/increase in book cash overdrafts (1,614) 2,670
Cash dividends (50,144) (47,731)
Payments for share repurchases (9,139) (10,576)
Net cash used by financing activities (62,671) (118,178)
Effects of Exchange Rate Changes on Cash (1,556) 5,356
Net Increase in Cash and Cash Equivalents 20,276 (17,787)
Cash and cash equivalents at beginning of period 151,937 227,438
Cash and cash equivalents at end of period $ 172,213 $ 209,651