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ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)
 3 Months Ended
Apr. 03, 2021
Equity [Abstract]  
Deferred Components of AOCL in Equity, Net of Related Taxes, and Changes in AOCL
The following table presents deferred components of AOCL in equity, net of related taxes:
(In thousands)March 2021December 2020March 2020
Foreign currency translation$(87,260)$(80,178)$(111,328)
Defined benefit pension plans(1,815)(1,889)(2,272)
Derivative financial instruments(7,622)(12,740)(19,862)
Accumulated other comprehensive loss$(96,697)$(94,807)$(133,462)
The following tables present changes in AOCL, net of related tax impact:
Three Months Ended March 2021
Foreign Currency TranslationDefined Benefit Pension PlansDerivative Financial Instruments
(In thousands)Total
Balance, December 2020$(80,178)$(1,889)$(12,740)$(94,807)
Other comprehensive income (loss) due to gains (losses) arising before reclassifications(7,082)— 2,850 (4,232)
Reclassifications to net income (loss) of previously deferred (gains) losses— 74 2,268 2,342 
Net other comprehensive income (loss)(7,082)74 5,118 (1,890)
Balance, March 2021$(87,260)$(1,815)$(7,622)$(96,697)
Three Months Ended March 2020
Foreign Currency TranslationDefined Benefit Pension PlansDerivative Financial Instruments
(In thousands)Total
Balance, December 2019$(84,118)$(2,301)$6,721 $(79,698)
Other comprehensive income (loss) due to gains (losses) arising before reclassifications(27,210)— (23,655)(50,865)
Reclassifications to net income (loss) of previously deferred (gains) losses— 29 (2,928)(2,899)
Net other comprehensive income (loss)(27,210)29 (26,583)(53,764)
Balance, March 2020$(111,328)$(2,272)$(19,862)$(133,462)
Reclassification out of AOCL
The following table presents reclassifications out of AOCL:
(In thousands)Three Months Ended March
Details About Accumulated Other Comprehensive Loss ReclassificationsAffected Line Item in the Financial Statements
20212020
Defined benefit pension plans:
Net change in deferred losses during the periodSelling, general and administrative expenses$(99)$(38)
Total before tax(99)(38)
Income taxesIncome taxes25 9 
Net of tax(74)(29)
Gains (losses) on derivative financial instruments:
Foreign currency exchange contractsNet revenues$75 $(358)
Foreign currency exchange contractsCost of goods sold(1,405)3,741 
Foreign currency exchange contractsOther expense, net(134)(4)
Interest rate swap agreementsInterest expense(1,513)(231)
Total before tax(2,977)3,148 
Income taxesIncome taxes709 (220)
Net of tax(2,268)2,928 
Total reclassifications for the period, net of tax$(2,342)$2,899