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Accumulated Other Comprehensive Loss (Tables)
 9 Months Ended
Sep. 28, 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(1)
 
Cash Flow 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
—

 
(21,355
)
 
14,529

 
1,080

 
(5,746
)
Current-period other comprehensive income activity
(33,738
)
 
11,684

 
—

 
(2,401
)
 
(24,455
)
Total other comprehensive income (loss)
(33,738
)
 
(9,671
)
 
14,529

 
(1,321
)
 
(30,201
)
Reclassification of stranded tax related to U.S. pension plan to retained earnings
—

 
—

 
—

 
(78,816
)
 
(78,816
)
 
 
 
 
 
 
 
 
 
 
Balance at September 28, 2019
$
(190,798
)
 
$
12,143

 
$
(580,778
)
 
$
147,474

 
$
(611,959
)

 
 
(1)
Cumulative Translation Adjustment includes translation adjustments and net investment hedges. See Note 10, “Financial Instruments and Risk Management” for additional disclosures about net investment hedges.
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
 
Quarter Ended
 
Nine Months Ended
 
September 28,
2019
 
September 29,
2018
 
September 28,
2019
 
September 29,
2018
Gain (loss) on foreign exchange contracts designated as cash flow hedges
 
Cost of sales
 
$
6,991

 
$
(2,467
)
 
$
21,355

 
$
(9,686
)

 
Income tax
 
(1,646
)
 
455

 
(5,054
)
 
1,870


 
Net of tax
 
5,345

 
(2,012
)
 
16,301

 
(7,816
)
Amortization of deferred actuarial loss and prior service cost
 
Selling, general, and administrative expenses
 
(4,963
)
 
(4,919
)
 
(14,529
)
 
(12,934
)

 
Income tax
 
1,358

 
1,378

 
3,974

 
3,622


 
Net of tax
 
(3,605
)
 
(3,541
)
 
(10,555
)
 
(9,312
)
 
 
 
 
 
 
 
 
 
 
 
Total reclassifications
 
 
 
$
1,740

 
$
(5,553
)
 
$
5,746

 
$
(17,128
)