| Accumulated Other Comprehensive Income (Loss) |
Accumulated Other Comprehensive Income (Loss) Changes in the components of accumulated other comprehensive income, including the amounts reclassified, for the third quarter and first nine months of 2026 and 2025 are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Gains and Losses on Cash Flow Hedges | | | | | | | | (Thousands) | | Foreign Currency | | Interest Rate | | Precious Metals | | | | Total | | Pension and Post-Employment Benefits | | Foreign Currency Translation | | Total | Balance at July 3, 2026 | | $ | 1,411 | | | $ | 782 | | | $ | 2 | | | | | $ | 2,195 | | | $ | (52,214) | | | $ | (2,829) | | | $ | (52,848) | | | Other comprehensive income (loss) before reclassifications | | (38) | | | 999 | | | — | | | | | 961 | | | — | | | (2,155) | | | (1,194) | | | Amounts reclassified from accumulated other comprehensive income (loss) | | 29 | | | (471) | | | — | | | | | (442) | | | 191 | | | — | | | (251) | | | Net current period other comprehensive (loss) income before tax | | (9) | | | 528 | | | — | | | | | 519 | | | 191 | | | (2,155) | | | (1,445) | | | Deferred taxes | | (2) | | | 122 | | | — | | | | | 120 | | | 41 | | | — | | | 161 | | | Net current period other comprehensive (loss) income after tax | | (7) | | | 406 | | | — | | | | | 399 | | | 150 | | | (2,155) | | | (1,606) | | Balance at October 2, 2026 | | $ | 1,404 | | | $ | 1,188 | | | $ | 2 | | | | | $ | 2,594 | | | $ | (52,064) | | | $ | (4,984) | | | $ | (54,454) | | | | | | | | | | | | | | | | | | | Balance at June 27, 2025 | | $ | 1,316 | | | $ | 1,888 | | | $ | 2 | | | | | $ | 3,206 | | | $ | (53,648) | | | $ | (1,318) | | | $ | (51,760) | | | Other comprehensive (loss) income before reclassifications | | 118 | | | 122 | | | — | | | | | 240 | | | — | | | (903) | | | (663) | | | Amounts reclassified from accumulated other comprehensive income (loss) | | (9) | | | (797) | | | — | | | | | (806) | | | (164) | | | — | | | (970) | | | Net current period other comprehensive (loss) income before tax | | 109 | | | (675) | | | — | | | | | (566) | | | (164) | | | (903) | | | (1,633) | | | Deferred taxes | | 24 | | | (155) | | | — | | | | | (131) | | | (3) | | | — | | | (134) | | | Net current period other comprehensive (loss) income after tax | | 85 | | | (520) | | | — | | | | | (435) | | | (161) | | | (903) | | | (1,499) | | Balance at September 26, 2025 | | $ | 1,401 | | | $ | 1,368 | | | $ | 2 | | | | | $ | 2,771 | | | $ | (53,809) | | | $ | (2,221) | | | $ | (53,259) | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Gains and Losses on Cash Flow Hedges | | | | | | | | (Thousands) | | Foreign Currency | | Interest Rate | | Precious Metals | | | | Total | | Pension and Post-Employment Benefits | | Foreign Currency Translation | | Total | Balance at December 31, 2025 | | $ | 1,406 | | | $ | 899 | | | $ | 2 | | | | | $ | 2,307 | | | $ | (52,441) | | | $ | (447) | | | $ | (50,581) | | | Other comprehensive income (loss) before reclassifications | | (239) | | | 1,779 | | | — | | | | | 1,540 | | | — | | | (4,537) | | | (2,997) | | | Amounts reclassified from accumulated other comprehensive income (loss) | | 237 | | | (1,403) | | | — | | | | | (1,166) | | | 500 | | | — | | | (666) | | | Net current period other comprehensive (loss) income before tax | | (2) | | | 376 | | | — | | | | | 374 | | | 500 | | | (4,537) | | | (3,663) | | | Deferred taxes | | — | | | 87 | | | — | | | | | 87 | | | 123 | | | — | | | 210 | | | Net current period other comprehensive (loss) income after tax | | (2) | | | 289 | | | — | | | | | 287 | | | 377 | | | (4,537) | | | (3,873) | | Balance at October 2, 2026 | | $ | 1,404 | | | $ | 1,188 | | | $ | 2 | | | | | $ | 2,594 | | | $ | (52,064) | | | $ | (4,984) | | | $ | (54,454) | | | | | | | | | | | | | | | | | | | | Balance at December 31, 2024 | | $ | 1,638 | | | $ | 3,545 | | | $ | 2 | | | | | $ | 5,185 | | | $ | (54,702) | | | $ | (11,529) | | | $ | (61,046) | | | Other comprehensive income (loss) before reclassifications | | (206) | | | (473) | | | — | | | | | (679) | | | 1,553 | | | 9,308 | | | 10,182 | | | Amounts reclassified from accumulated other comprehensive income (loss) | | (103) | | | (2,354) | | | — | | | | | (2,457) | | | (290) | | | — | | | (2,747) | | | Net current period other comprehensive (loss) income before tax | | (309) | | | (2,827) | | | — | | | | | (3,136) | | | 1,263 | | | 9,308 | | | 7,435 | | | Deferred taxes | | (72) | | | (650) | | | — | | | | | (722) | | | 370 | | | — | | | (352) | | | Net current period other comprehensive (loss) income after tax | | (237) | | | (2,177) | | | — | | | | | (2,414) | | | 893 | | | 9,308 | | | 7,787 | | | Balance at September 26, 2025 | | $ | 1,401 | | | $ | 1,368 | | | $ | 2 | | | | | $ | 2,771 | | | $ | (53,809) | | | $ | (2,221) | | | $ | (53,259) | |
Reclassifications from accumulated other comprehensive income (loss) of gains and losses on foreign currency cash flow hedges are recorded in Net sales in the Consolidated Statements of Income. Reclassifications from accumulated other comprehensive income (loss) of gains and losses on precious metal and copper cash flow hedges are recorded in Cost of sales in the Consolidated Statements of Income. Reclassifications from accumulated other comprehensive income (loss) of gains and losses on the interest rate cash flow hedge is recorded in Interest expense in the Consolidated Statements of Income. Refer to Note O for additional details on cash flow hedges. Reclassifications from accumulated other comprehensive income (loss) for pension and post-employment benefits are included in the computation of the net periodic pension and post-employment benefit expense. Refer to Note K for additional details on pension and post-employment expenses.
|