v3.23.3
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Oct. 01, 2023
Oct. 02, 2022
Oct. 01, 2023
Oct. 02, 2022
Statement of Comprehensive Income [Abstract]        
Net income $ 518,577 $ 399,487 $ 1,512,745 $ 1,248,521
Other comprehensive income, net of tax:        
Foreign currency translation (losses) gains during period, pre-tax amount (12,461) (13,511) 8,875 (15,851)
Foreign currency translation (losses) gains during period, tax (expense) benefit 0 0 0 0
Foreign currency translation (losses) gains during period, after-tax amount (12,461) (13,511) 8,875 (15,851)
Pension and post-retirement benefit plans:        
Net actuarial gain (loss) and service cost, pre-tax amount (35,109) (27,909) (34,185) (66,720)
Net actuarial gain (loss) and service cost, tax (expense) benefit 8,417 6,704 8,239 13,895
Net actuarial gain (loss) and service cost, after tax (26,692) (21,205) (25,946) (52,825)
Reclassification to earnings, pre-tax amount 5,174 6,904 16,062 20,345
Reclassification to earnings, tax (expense) benefit (1,242) (1,657) (3,855) (4,883)
Reclassification to earnings, after-tax amount 3,932 5,247 12,207 15,462
Cash flow hedges:        
Gains (losses) on cash flow hedging derivatives, pre-tax amount 2,945 891 (538) 245
Gains (losses) on cash flow hedging derivatives, tax (expense) benefit (1,365) (706) (3,096) (1,343)
Gains (losses) derivatives, after-tax amount 1,580 185 (3,634) (1,098)
Reclassification to earnings, pre-tax amount 4,198 2,258 13,451 9,143
Reclassification to earnings, tax (expense) benefit (163) (643) (3,267) (1,666)
Reclassification to earnings, after-tax amount 4,035 1,615 10,184 7,477
Total other comprehensive income, pre-tax amount (35,253) (31,367) 3,665 (52,838)
Total other comprehensive income, tax (expense) benefit 5,647 3,698 (1,979) 6,003
Total other comprehensive income, after-tax amount (29,606) (27,669) 1,686 (46,835)
Comprehensive income $ 488,971 $ 371,818 $ 1,514,431 $ 1,201,686