v3.26.3
REPORTABLE SEGMENTS - Schedule of Segment Reporting Information, by Segment (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 27, 2026
Sep. 28, 2025
Sep. 27, 2026
Sep. 28, 2025
Net sales        
Total net sales $ 4,653,206 $ 4,759,342 $ 13,812,069 $ 13,979,716
Total cost of sales 4,319,534 4,099,958 12,793,155 12,050,164
Total gross profit 333,672 659,384 1,018,914 1,929,552
Total SG&A expenses 142,169 164,997 587,441 498,233
Operating income        
Total operating income 191,503 492,608 420,009 1,409,429
Interest expense, net of capitalized interest 31,782 38,157 119,489 122,370
Interest income (1,579) (9,167) (12,199) (45,144)
Foreign currency transaction losses 1,304 5,169 888 8,008
Miscellaneous, net (298) (2,931) (2,075) (3,209)
Income before income taxes 160,294 461,380 313,906 1,327,404
Income tax expense 43,977 118,319 82,919 331,991
Net income 116,317 343,061 230,987 995,413
U.S.        
Net sales        
Total net sales 2,562,969 2,716,973 7,632,646 8,073,949
Europe        
Net sales        
Total net sales 1,353,647 1,371,726 4,045,324 3,934,152
Mexico        
Net sales        
Total net sales 609,852 538,528 1,771,940 1,611,556
Asia-Pacific        
Net sales        
Total net sales 84,507 96,700 231,794 248,067
Canada, Caribbean and Central America        
Net sales        
Total net sales 19,397 18,049 67,216 54,245
Africa        
Net sales        
Total net sales 15,380 10,298 39,755 35,929
South America        
Net sales        
Total net sales 7,454 7,068 23,394 21,818
U.S.        
Net sales        
Total net sales 2,680,134 2,836,613 7,964,774 8,400,187
U.S. | Operating Segments        
Net sales        
Total cost of sales 2,496,949 2,353,296 7,388,075 7,040,006
Total gross profit 183,185 483,317 576,699 1,360,181
Total SG&A expenses 77,396 99,194 395,113 302,265
Operating income        
Total operating income 105,789 384,123 181,586 1,057,916
Interest expense, net of capitalized interest 31,075 37,434 116,941 120,069
Interest income (689) (4,581) (4,729) (25,999)
Income tax expense 21,484 94,424 19,988 243,640
Europe        
Net sales        
Total net sales 1,374,013 1,392,495 4,115,404 3,995,294
Europe | Operating Segments        
Net sales        
Total cost of sales 1,261,691 1,271,148 3,771,806 3,633,510
Total gross profit 112,322 121,347 343,598 361,784
Total SG&A expenses 48,907 50,084 143,413 150,920
Restructuring activities charges 0 1,779 11,464 21,890
Operating income        
Total operating income 63,415 69,484 188,721 188,974
Interest expense, net of capitalized interest 497 550 1,926 1,799
Interest income (621) (553) (5,669) (3,881)
Income tax expense 15,313 14,135 45,886 40,058
Mexico        
Net sales        
Total net sales 599,059 530,234 1,731,891 1,584,235
Mexico | Operating Segments        
Net sales        
Total cost of sales 560,894 475,514 1,633,274 1,376,648
Total gross profit 38,165 54,720 98,617 207,587
Total SG&A expenses 15,866 15,719 48,915 45,048
Operating income        
Total operating income 22,299 39,001 49,702 162,539
Interest expense, net of capitalized interest 210 173 622 502
Interest income (269) (4,033) (1,801) (15,264)
Income tax expense 7,180 9,760 17,045 48,293
Mexico | Eliminations        
Net sales        
Total net sales $ 26,700 $ 28,500 $ 75,000 $ 77,700