v3.25.2
SEGMENT INFORMATION - SCHEDULE OF NET SALES AND EARNINGS BY SEGMENT (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 29, 2025
Jun. 30, 2024
Jun. 29, 2025
Jun. 30, 2024
Segment Reporting Information [Line Items]        
Net sales $ 2,614,718 $ 2,074,480 $ 5,420,137 $ 5,327,229
Cost of sales 1,818,445 1,240,735 3,679,597 2,817,403
Selling, marketing and administrative expense 603,207 540,987 1,161,879 1,158,968
Operating profit $ 192,811 $ 287,821 $ 562,032 $ 1,345,921
Unallocated mark-to-market losses on commodity derivatives, extensible enumeration, not disclosed Unallocated mark-to-market losses on commodity derivatives Unallocated mark-to-market losses on commodity derivatives Unallocated mark-to-market losses on commodity derivatives Unallocated mark-to-market gains on commodity derivatives
Restructuring and related cost $ 15,139 $ 39,000 $ 40,992 $ 55,666
Interest expense, net 46,035 41,373 90,657 81,195
Other (income) expense, net (2,336) 574 (1,391) 32,594
Income before income taxes 149,112 245,874 472,766 1,232,132
Operating Segments        
Segment Reporting Information [Line Items]        
Operating profit 590,204 541,710 1,357,157 1,571,362
Operating Segments | North America Confectionery        
Segment Reporting Information [Line Items]        
Net sales 2,085,468 1,579,826 4,385,608 4,287,136
Cost of sales 1,274,772 862,848 2,589,848 2,291,239
Selling, marketing and administrative expense 306,767 252,482 595,457 583,205
Operating profit 503,929 464,496 1,200,303 1,412,692
Operating Segments | North America Salty Snacks        
Segment Reporting Information [Line Items]        
Net sales 315,519 289,894 593,317 565,000
Cost of sales 194,534 180,282 375,172 364,028
Selling, marketing and administrative expense 54,505 57,408 109,812 110,062
Operating profit 66,480 52,204 108,333 90,910
Operating Segments | International        
Segment Reporting Information [Line Items]        
Net sales 213,731 204,760 441,212 475,093
Cost of sales 148,412 136,135 302,396 316,067
Selling, marketing and administrative expense 45,524 43,615 90,295 91,266
Operating profit 19,795 25,010 48,521 67,760
Corporate, Non-Segment        
Segment Reporting Information [Line Items]        
Unallocated corporate expense 181,527 161,518 341,952 334,419
Segment Reconciling Items        
Segment Reporting Information [Line Items]        
Unallocated mark-to-market losses on commodity derivatives 200,727 53,371 412,181 (164,644)
Restructuring and related cost $ 15,139 $ 39,000 $ 40,992 $ 55,666