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Accumulated Other Comprehensive Loss (Tables)
 6 Months Ended
Jun. 29, 2019
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Accumulated Other Comprehensive Loss
The components of accumulated other comprehensive loss (“AOCI”) are as follows:
 
Cumulative Translation Adjustment
 
Hedges
 
Defined Benefit Plans
 
Income Taxes
 
Accumulated Other Comprehensive Loss
Balance at December 29, 2018
$
(157,060
)
 
$
21,814

 
$
(595,307
)
 
$
227,611

 
$
(502,942
)
Amounts reclassified from accumulated other comprehensive loss
—

 
(14,364
)
 
9,566

 
792

 
(4,006
)
Current-period other comprehensive income activity
11,259

 
1,714

 
—

 
165

 
13,138

Total other comprehensive income
11,259

 
(12,650
)
 
9,566

 
957

 
9,132

Reclassification of stranded tax related to U.S. pension plan to retained earnings
—

 
—

 
—

 
(78,816
)
 
(78,816
)
 
 
 
 
 
 
 
 
 
 
Balance at June 29, 2019
$
(145,801
)
 
$
9,164

 
$
(585,741
)
 
$
149,752

 
$
(572,626
)
Schedule of Reclassifications Out of Accumulated Other Comprehensive Loss
The Company had the following reclassifications out of AOCI:
Component of AOCI
 
Location of Reclassification into Income
 
Amount of Reclassification
from AOCI
 
Amount of Reclassification
from AOCI
 
Quarter Ended
 
Six Months Ended
 
June 29,
2019
 
June 30,
2018
 
June 29,
2019
 
June 30,
2018
Gain (loss) on foreign exchange contracts
 
Cost of sales
 
$
8,347

 
$
(5,554
)
 
$
14,364

 
$
(7,219
)

 
Income tax
 
(1,887
)
 
1,113

 
(3,408
)
 
1,415


 
Net of tax
 
6,460

 
(4,441
)
 
10,956

 
(5,804
)
Amortization of deferred actuarial loss and prior service cost
 
Selling, general, and administrative expenses
 
(4,964
)
 
(4,948
)
 
(9,566
)
 
(8,015
)

 
Income tax
 
1,411

 
1,066

 
2,616

 
2,244


 
Net of tax
 
(3,553
)
 
(3,882
)
 
(6,950
)
 
(5,771
)
 
 
 
 
 
 
 
 
 
 
 
Total reclassifications
 
 
 
$
2,907

 
$
(8,323
)
 
$
4,006

 
$
(11,575
)