Accumulated Other Comprehensive Income (Loss) (Tables)

12 Months Ended

Dec. 28, 2019

Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]

Summary of Reclassifications Out of AOCI

During fiscal years 2019, 2018, and 2017, reclassifications out of AOCI were as follows (amounts in thousands):

	Amount Reclassified from AOCI									Affected Line Item in the Statement
Details about AOCI Components (Note 2)	Fiscal 2019			Fiscal 2018			Fiscal 2017			Where Net Income is Presented
Derivative instruments:
Interest rate contracts	$	(142	)	$	(142	)	$	(142	)	Interest expense
Commodity contracts		3,707			(1,301	)		(2,080	)	Cost of sales, Note 3, below
Total before tax	$	3,565		$	(1,443	)	$	(2,222	)	Total before tax
Tax (expense) benefit		(901	)		364			855		Tax benefit
Total net of tax	$	2,664		$	(1,079	)	$	(1,367	)	Net of tax
Pension and postretirement plans:
Prior-service credits	$	(346	)	$	(175	)	$	(175	)	Note 1, below
Settlement loss		—			(7,781	)		(4,649	)	Note 1, below
Actuarial losses		(6,822	)		(5,380	)		(5,858	)	Note 1, below
Total before tax	$	(7,168	)	$	(13,336	)	$	(10,682	)	Total before tax
Tax benefit		1,810			3,368			3,899		Tax benefit
Total net of tax	$	(5,358	)	$	(9,968	)	$	(6,783	)	Net of tax benefit
Total reclassifications from AOCI	$	(2,694	)	$	(11,047	)	$	(8,150	)	Net of tax benefit

Note 1:

These items are included in the computation of net periodic pension cost. See Note 22, 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.

Summary of AOCI Exclusive of Reclassification

During fiscal years 2019, 2018, and 2017, amounts recognized in AOCI, exclusive of reclassifications, were as follows (amounts in thousands):

	Amount of Gain (Loss) Recognized in AOCI
AOCI component	Fiscal 2019			Fiscal 2018			Fiscal 2017
Derivative instruments:
Commodity contracts	$	11,313		$	3,984		$	(9,734	)
Total before tax	$	11,313		$	3,984		$	(9,734	)
Tax benefit (expense)		(2,856	)		(1,006	)		2,945
Total net of tax	$	8,457		$	2,978		$	(6,789	)
Pension and postretirement plans:
Current year actuarial loss	$	(10,702	)	$	(26,528	)	$	(4,307	)
Total before tax	$	(10,702	)	$	(26,528	)	$	(4,307	)
Tax benefit (expense)		2,702			6,697			1,670
Total net of tax	$	(8,000	)	$	(19,831	)	$	(2,637	)
Total recognized in AOCI	$	457		$	(16,853	)	$	(9,426	)

During fiscal 2019, changes to AOCI, net of income tax, by component were as follows (amounts in thousands):

	Cash Flow Hedge Items			Defined Benefit Pension Plan Items			Total
AOCI at December 29, 2018	$	(4,135	)	$	(105,036	)	$	(109,171	)
Other comprehensive gain (loss) before reclassifications		8,457			(8,000	)		457
Reclassified to earnings from AOCI		(2,664	)		5,358			2,694
AOCI at December 28, 2019	$	1,658		$	(107,678	)	$	(106,020	)

During fiscal 2018, changes to AOCI, net of income tax, by component were as follows (amounts in thousands):

	Cash Flow Hedge Items			Defined Benefit Pension Plan Items			Total
AOCI at December 30, 2017	$	(6,483	)	$	(78,076	)	$	(84,559	)
Other comprehensive loss before reclassifications		2,978			(19,831	)		(16,853	)
Reclassified to earnings from AOCI		1,079			9,968			11,047
Reclassified to retained earnings from AOCI		(1,709	)		(17,097	)		(18,806	)
AOCI at December 29, 2018	$	(4,135	)	$	(105,036	)	$	(109,171	)

Loss Reclassified From AOCI for Commodity Contracts

The following table presents the net of tax amount of the loss reclassified from AOCI for our commodity contracts (amounts in thousands):

	Fiscal 2019			Fiscal 2018			Fiscal 2017
Gross gain (loss) reclassified from AOCI into income	$	3,707		$	(1,301	)	$	(2,080	)
Tax (expense) benefit		(936	)		329			801
Net of tax	$	2,771		$	(972	)	$	(1,279	)