| Schedule of Accumulated Other Comprehensive Loss |
The components of accumulated other comprehensive loss (“AOCI”) are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Cumulative Translation Adjustment | | Cash Flow Hedges | | Defined Benefit Plans | | Income Taxes | | Accumulated Other Comprehensive Loss | | Balance at March 29, 2025 | $ | (323,204) | | | $ | 2,388 | | | $ | (386,942) | | | $ | 145,299 | | | $ | (562,459) | | Amounts reclassified from accumulated other comprehensive loss | — | | | (2,118) | | | 3,575 | | | 681 | | | 2,138 | | | Current-period other comprehensive income (loss) activity | 37,775 | | | (2,996) | | | (58) | | | 973 | | | 35,694 | | | Total other comprehensive income (loss) | 37,775 | | | (5,114) | | | 3,517 | | | 1,654 | | | 37,832 | | | | | | | | | | | | | Balance at June 28, 2025 | $ | (285,429) | | | $ | (2,726) | | | $ | (383,425) | | | $ | 146,953 | | | $ | (524,627) | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Cumulative Translation Adjustment | | Cash Flow Hedges | | Defined Benefit Plans | | Income Taxes | | Accumulated Other Comprehensive Loss | | Balance at December 28, 2024 | $ | (334,306) | | | $ | 2,595 | | | $ | (390,521) | | | $ | 145,010 | | | $ | (577,222) | | Amounts reclassified from accumulated other comprehensive loss | — | | | (1,768) | | | 7,169 | | | 835 | | | 6,236 | | Current-period other comprehensive income (loss) activity | 48,877 | | | (3,553) | | | (73) | | | 1,108 | | | 46,359 | | | Total other comprehensive income (loss) | 48,877 | | | (5,321) | | | 7,096 | | | 1,943 | | | 52,595 | | | | | | | | | | | | | Balance at June 28, 2025 | $ | (285,429) | | | $ | (2,726) | | | $ | (383,425) | | | $ | 146,953 | | | $ | (524,627) | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Cumulative Translation Adjustment(1) | | Cash Flow Hedges | | Defined Benefit Plans | | Income Taxes | | Accumulated Other Comprehensive Loss | | Balance at March 30, 2024 | $ | (271,502) | | | $ | 5,168 | | | $ | (415,824) | | | $ | 146,285 | | | $ | (535,873) | | Amounts reclassified from accumulated other comprehensive loss | — | | | (2,525) | | | 5,459 | | | 94 | | | 3,028 | | | Current-period other comprehensive income activity | 9,839 | | | 3,138 | | | 47 | | | 230 | | | 13,254 | | | Total other comprehensive income | 9,839 | | | 613 | | | 5,506 | | | 324 | | | 16,282 | | | | | | | | | | | | | Balance at June 29, 2024 | $ | (261,663) | | | $ | 5,781 | | | $ | (410,318) | | | $ | 146,609 | | | $ | (519,591) | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Cumulative Translation Adjustment(1) | | Cash Flow Hedges | | Defined Benefit Plans | | Income Taxes | | Accumulated Other Comprehensive Loss | | Balance at December 30, 2023 | $ | (213,482) | | | $ | (5,967) | | | $ | (419,835) | | | $ | 146,973 | | | $ | (492,311) | | Amounts reclassified from accumulated other comprehensive loss | — | | | (7,164) | | | 9,388 | | | 1,126 | | | 3,350 | | Current-period other comprehensive income (loss) activity | (48,181) | | | 18,912 | | | 129 | | | (1,490) | | | (30,630) | | | Total other comprehensive income (loss) | (48,181) | | | 11,748 | | | 9,517 | | | (364) | | | (27,280) | | | | | | | | | | | | | Balance at June 29, 2024 | $ | (261,663) | | | $ | 5,781 | | | $ | (410,318) | | | $ | 146,609 | | | $ | (519,591) | |
(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.
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| Schedule of Reclassifications out of Accumulated Other Comprehensive Loss |
The Company had the following reclassifications out of AOCI: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Component of AOCI | | Location of Reclassification from AOCI | | Amount of Reclassification from AOCI into Net Income (Loss) | | Quarters Ended | | Six Months Ended | | June 28,
2025 | | June 29,
2024 | | June 28,
2025 | | June 29,
2024 | | | | | | | | | | | | | | | | | | | | | | | | Gain on forward foreign exchange contracts designated as cash flow hedges | | Cost of sales | | $ | 2,545 | | | $ | 277 | | | $ | 2,896 | | | $ | 1,866 | | | | Income tax | | (684) | | | (74) | | | (730) | | | (602) | | | | Loss from discontinued operations, net of tax | | — | | | 156 | | | 21 | | | 844 | | | | Net of tax | | 1,861 | | | 359 | | | 2,187 | | | 2,108 | | | | | | | | | | | | | | Gain (loss) on interest rate contracts designated as cash flow hedges | | Interest expense, net | | (427) | | | 2,062 | | | (1,150) | | | 4,158 | | | | Income tax | | — | | | — | | | — | | | — | | | | Net of tax | | (427) | | | 2,062 | | | (1,150) | | | 4,158 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Amortization of deferred actuarial loss and prior service cost and settlement cost | | Other expenses | | (3,575) | | | (5,459) | | | (7,169) | | | (9,388) | | | | Income tax | | 3 | | | 10 | | | (104) | | | (228) | | | | | | | | | | | | | | | Net of tax | | (3,572) | | | (5,449) | | | (7,273) | | | (9,616) | | | | | | | | | | | | | | Total reclassifications | | | | $ | (2,138) | | | $ | (3,028) | | | $ | (6,236) | | | $ | (3,350) | |
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