v3.26.1
Accumulated Other Comprehensive Income (Loss)
6 Months Ended
Jun. 27, 2026
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss) Accumulated Other Comprehensive Income (Loss)
AOCI includes certain foreign currency translation adjustments from those subsidiaries not using the U.S. dollar as their functional currency, net deferred gains and losses on certain derivative instruments accounted for as cash flow hedges, adjustments to pension and OPEB liabilities, and other comprehensive income attributable to unconsolidated affiliates.

The following tables provide changes in AOCI by component, net of taxes and noncontrolling interests (amounts in parentheses indicate debits to AOCI):

 For the Six Months Ended June 27, 2026
(In thousands)Cumulative Translation AdjustmentUnrealized Gain (Loss) on DerivativesPension/OPEB Liability AdjustmentAttributable to Unconsol. AffiliatesTotal
Balance as of December 27, 2025$(52,079)$1,694 $(3,295)$2,845 $(50,835)
Other comprehensive (loss) income before reclassifications(11,020)2,092 93 (1,020)(9,855)
Amounts reclassified from AOCI— (2,950)(24)— (2,974)
Net current-period other comprehensive (loss) income(11,020)(858)69 (1,020)(12,829)
Balance as of June 27, 2026$(63,099)$836 $(3,226)$1,825 $(63,664)

 For the Six Months Ended June 28, 2025
(In thousands)Cumulative Translation AdjustmentUnrealized (Loss) Gain on DerivativesPension/OPEB Liability AdjustmentAttributable to Unconsol. AffiliatesTotal
Balance as of December 28, 2024$(75,926)$(191)$(6,282)$2,120 $(80,279)
Other comprehensive income (loss) before reclassifications26,973 3,083 2,229 (733)31,552 
Amounts reclassified from AOCI— (2,368)(20)— (2,388)
Net current-period other comprehensive income (loss)26,973 715 2,209 (733)29,164 
Balance as of June 28, 2025$(48,953)$524 $(4,073)$1,387 $(51,115)
Reclassification adjustments out of AOCI were as follows:

 Amount reclassified from AOCI
 For the Quarter EndedFor the Six Months Ended 
(In thousands)June 27, 2026June 28, 2025June 27, 2026June 28, 2025Affected line item
Unrealized gains on derivative commodity contracts$(3,269)$(1,306)$(3,807)$(3,055)Cost of goods sold
 736 294 857 687 Income tax expense
 $(2,533)$(1,012)$(2,950)$(2,368)Net of tax and noncontrolling interests
Amortization of net (gain) loss and prior service (credit) cost on employee benefit plans$(23)$(23)$(44)$(41)Other expense, net
 10 12 20 21 Income tax expense
 $(13)$(11)$(24)$(20)Net of tax and noncontrolling interests