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Accumulated Other Comprehensive Income (Loss)
 12 Months Ended
Dec. 28, 2013
Accumulated Other Comprehensive Income (Loss)
Note 16. Accumulated Other Comprehensive Income (Loss)

The company’s total comprehensive income presently consists of net income, adjustments for our derivative financial instruments accounted for as cash flow hedges, and various pension and other postretirement benefit related items.

During fiscal 2013, reclassifications out of accumulated other comprehensive loss were as follows (amounts in thousands):

Details about Accumulated
Other Comprehensive Income Components (Note 2)

 Amount Reclassified from Accumulated
Other Comprehensive Loss

Affected Line Item in the Statement

Where Net Income is Presented
Fiscal 2013 Fiscal 2012 Fiscal 2011

Gains and losses on cash flow hedges:

Interest rate contracts

 $ (816 ) $ (2,816 ) $ (3,952 ) Interest income (expense)

Commodity contracts

 (27,055 ) (17,272 ) 38,038 Cost of sales, Note 3

Total before tax

 $ (27,871 ) $ (20,088 ) $ 34,086 Total before tax

Tax (expense) or benefit

 10,730 7,734 (13,124 ) Tax (expense) or benefit

Total net of tax

 $ (17,141 ) $ (12,354 ) $ 20,962 Net of tax

Amortization of defined benefit pension items:

Prior-service credits

 $ 257 $ 257 $ 257 Note 1, below

Actuarial losses

 (5,378 ) (4,786 ) (2,849 ) Note 1, below

Total before tax

 $ (5,121 ) $ (4,529 ) $ (2,592 ) Total before tax

Tax (expense) or benefit

 1,972 1,743 1,000 Tax (expense) or benefit

Total net of tax

 $ (3,149 ) $ (2,786 ) $ (1,592 ) Net of tax benefit

Total reclassifications

 $ (20,290 ) $ (15,140 ) $ 19,370 Net of tax benefit

Note 1:

 These items are included in the computation of net periodic pension cost. See Note 18, Postretirement Plans, for additional information.

Note 2:

 Amounts in parentheses indicate debits to determine net income.

Note 3:

 Amounts are presented as an adjustment to reconcile net income to net cash provided by operating activities on the Consolidated Statements of Cash Flows.

During fiscal 2013, changes to accumulated other comprehensive loss, net of income tax, by component were as follows (amounts in thousands):

Gains/Losses on
Cash Flow Hedges		 Defined Benefit
Pension Plan
Items		 Total

Accumulated other comprehensive loss, December 29, 2012

 $ (4,100 ) $ (110,567 ) $ (114,667 )

Other comprehensive income before reclassifications

 (24,457 ) 56,319 31,862

Reclassified to earnings from accumulated other comprehensive income

 17,141 3,149 20,290

Accumulated other comprehensive loss, December 28, 2013

 $ (11,416 ) $ (51,099 ) $ (62,515 )

Amounts reclassified out of accumulated other comprehensive loss to net income that relate to commodity contracts are presented as an adjustment to reconcile net income to net cash provided by operating activities on the Condensed Consolidated Statements of Cash Flows. The following table presents the net of tax amount of the gain or loss reclassified from accumulated other comprehensive income (“AOCI”) for our commodity contracts (amounts in thousands):

Fiscal
2013		 Fiscal
2012		 Fiscal
2011
(Amounts in thousands)

Gross (gain) loss reclassified from AOCI into income

 $ 27,055 $ 17,272 $ (38,038 )

Tax (benefit) expense

 (10,416 ) (6,650 ) 14,645

Net of tax

 $ 16,639 $ 10,622 $ (23,393 )