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Accumulated Other Comprehensive Loss
 12 Months Ended
Dec. 31, 2022
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Loss Accumulated Other Comprehensive Loss
The components of AOCI are as follows:
 
Cumulative Translation Adjustment(1)
Cash Flow HedgesDefined Benefit PlansIncome TaxesAccumulated Other Comprehensive Loss
 
Balance at January 2, 2021$(52,820)$(26,538)$(668,730)$181,129 $(566,959)
Amounts reclassified from accumulated other comprehensive loss— 34,554 25,011 (15,179)44,386 
Current-period other comprehensive income (loss) activity(81,181)(2,772)74,558 (19,635)(29,030)
Total other comprehensive income (loss)(81,181)31,782 99,569 (34,814)15,356 
Balance at January 1, 2022$(134,001)$5,244 $(569,161)$146,315 $(551,603)
Amounts reclassified from accumulated other comprehensive loss(13,473)14,927 21,224 3,319 25,997 
Current-period other comprehensive income (loss) activity(81,329)(11,462)110,584 (4,195)13,598 
Total other comprehensive income (loss)(94,802)3,465 131,808 (876)39,595 
Balance at December 31, 2022$(228,803)$8,709 $(437,353)$145,439 $(512,008)
(1)Cumulative Translation Adjustment includes translation adjustments and net investment hedges. See Note “Financial Instruments and Risk Management” for additional disclosures about net investment hedges.
The Company uses a portfolio approach to release the income tax effects in accumulated other comprehensive loss related to pension and postretirement benefits. Under this approach, the income tax effects are released from accumulated other comprehensive loss based on the pre-tax adjustments to pension liabilities or assets recognized within other comprehensive income. Any tax effects remaining in accumulated other comprehensive loss are released only when the entire portfolio of the pension and postretirement benefits is liquidated, sold or extinguished.
The Company had the following reclassifications out of AOCI:
Component of AOCI Location of Reclassification into IncomeAmount of Reclassification from AOCI
Years Ended
December 31,
2022		January 1,
2022		January 2,
2021
Write-off of cumulative translation associated with sale of businessIncome (loss) from discontinued operations, net of tax$13,473 $— $— 
Gain (loss) on forward foreign exchange contracts designated as cash flow hedgesCost of sales$11,336 $(15,301)$10,069 
Income tax(3,401)4,105 (2,851)
Income (loss) from discontinued operations, net of tax(232)(2,890)4,314 
Net of tax7,703 (14,086)11,532 
Gain (loss) on cross-currency swap contracts designated as cash flow hedgesSelling, general and administrative expenses(20,016)(12,155)— 
Interest expense, net(5,940)(3,556)— 
Income tax— 4,061 — 
Net of tax(25,956)(11,650)— 
Amortization of deferred actuarial loss and prior service costOther expenses(20,809)(25,671)(22,261)
Income tax52 6,461 5,753 
Income (loss) from discontinued operations, net of tax— 560 (698)
Pension activity associated with sale of businessIncome (loss) from discontinued operations, net of tax(460)— — 
Net of tax(21,217)(18,650)(17,206)
Total reclassifications$(25,997)$(44,386)$(5,674)