XML 23 R17.htm IDEA: XBRL DOCUMENT
v3.25.3

Accumulated Other Comprehensive Income (Loss) ("AOCI") | 9 Months Ended
--- | ---
Oct. 04, 2025
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Accumulated Other Comprehensive Income (Loss) ("AOCI") | 7. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (“AOCI”) 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 the twelve and forty weeks ended October 4, 2025 and October 5, 2024, reclassifications out of AOCI were as follows (amounts in thousands):
|  | Amount Reclassified from AOCI |  |  |
|  | For the Twelve Weeks Ended |  |  | Affected Line Item in the Statement
Details about AOCI Components (Note 2) |  | October 4, 2025 |  |  | October 5, 2024 |  |  | Where Net Income is Presented
Derivative instruments: |  |  |  |  |  |  |  |
Interest rate contracts |  | $ | 211 |  |  | $ | 115 |  |  | Interest expense
Commodity contracts |  |  | (219 | ) |  |  | (285 | ) |  | Cost of sales, Note 3
Total before tax |  |  | (8 | ) |  |  | (170 | ) |  | Total before tax
Tax benefit |  |  | 2 |  |  |  | 42 |  |  | Income tax expense
Total net of tax |  |  | (6 | ) |  |  | (128 | ) |  | Net of tax
Pension and postretirement plans: |  |  |  |  |  |  |  |
Prior-service credits |  |  | 48 |  |  |  | 41 |  |  | Note 1
Actuarial gain |  |  | 43 |  |  |  | 31 |  |  | Note 1
Total before tax |  |  | 91 |  |  |  | 72 |  |  | Total before tax
Tax expense |  |  | (23 | ) |  |  | (17 | ) |  | Income tax expense
Total net of tax |  |  | 68 |  |  |  | 55 |  |  | Net of tax
Total reclassifications |  | $ | 62 |  |  | $ | (73 | ) |  | Net of tax
|  | Amount Reclassified from AOCI |  |  |
|  | For the Forty Weeks Ended |  |  | Affected Line Item in the Statement
Details about AOCI Components (Note 2) |  | October 4, 2025 |  |  | October 5, 2024 |  |  | Where Net Income is Presented
Derivative instruments: |  |  |  |  |  |  |  |
Interest rate contracts |  | $ | 648 |  |  | $ | 383 |  |  | Interest expense
Commodity contracts |  |  | 262 |  |  |  | (1,314 | ) |  | Cost of sales, Note 3
Total before tax |  |  | 910 |  |  |  | (931 | ) |  | Total before tax
Tax (expense) benefit |  |  | (226 | ) |  |  | 232 |  |  | Income tax expense
Total net of tax |  |  | 684 |  |  |  | (699 | ) |  | Net of tax
Pension and postretirement plans: |  |  |  |  |  |  |  |
Prior-service credits |  |  | 160 |  |  |  | 136 |  |  | Note 1
Actuarial gains |  |  | 145 |  |  |  | 105 |  |  | Note 1
Total before tax |  |  | 305 |  |  |  | 241 |  |  | Total before tax
Tax expense |  |  | (77 | ) |  |  | (59 | ) |  | Income tax expense
Total net of tax |  |  | 228 |  |  |  | 182 |  |  | Net of tax
Total reclassifications |  | $ | 912 |  |  | $ | (517 | ) |  | Net of tax
Note 1: These items are included in the computation of net periodic pension cost and are reported in the other components of net periodic pension and postretirement benefits credit line item on the Condensed Consolidated Statements of Income. See Note 19, 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 Condensed Consolidated Statements of Cash Flows. During the forty weeks ended October 4, 2025, changes to AOCI, net of income tax, by component were as follows (amounts in thousands and parentheses denote a debit balance):
|  | Cash Flow Hedge Items |  |  | Defined Benefit Pension Plan Items |  |  | Total |
AOCI at December 28, 2024 |  | $ | 7,087 |  |  | $ | (257 | ) |  | $ | 6,830 |
Other comprehensive income before reclassifications |  |  | (2,834 | ) |  |  | — |  |  |  | (2,834 | )
Reclassified to earnings from AOCI |  |  | (684 | ) |  |  | (228 | ) |  |  | (912 | )
AOCI at October 4, 2025 |  | $ | 3,569 |  |  | $ | (485 | ) |  | $ | 3,084 |
During the forty weeks ended October 5, 2024, changes to AOCI, net of income tax, by component were as follows (amounts in thousands and parentheses denote a debit balance):
|  | Cash Flow Hedge Items |  |  | Defined Benefit Pension Plan Items |  |  | Total |
AOCI at December 30, 2023 |  | $ | 963 |  |  | $ | (342 | ) |  | $ | 621 |
Other comprehensive income before reclassifications |  |  | 1,101 |  |  |  | — |  |  |  | 1,101 |
Reclassified to earnings from AOCI |  |  | 699 |  |  |  | (182 | ) |  |  | 517 |
AOCI at October 5, 2024 |  | $ | 2,763 |  |  | $ | (524 | ) |  | $ | 2,239 |
Amounts reclassified out of AOCI 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 reclassified from AOCI for our commodity contracts (amounts in thousands and positive value indicates credits to determine net income):
|  | For the Forty Weeks Ended |
|  | October 4, 2025 |  |  | October 5, 2024 |
Gross gain (loss) reclassified from AOCI into net income |  | $ | 262 |  |  | $ | (1,314 | )
Tax benefit |  |  | (64 | ) |  |  | 329 |
Net of tax |  | $ | 198 |  |  | $ | (985 | )

X
- References No definition available. + Details
Name: | us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTaxAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477250/944-220-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478524/942-220-S99-1 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/220/tableOfContent + Details
Name: | us-gaap_ComprehensiveIncomeNoteTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration