Capital and Accumulated Other Comprehensive Income (Loss) (Tables)
|
12 Months Ended |
Jan. 02, 2016 |
|---|
| Shares Held for Deferred Compensation Plans |
Balances
related to shares held for deferred compensation plans are as
follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
2015 |
|
|
2014 |
|
|
2013 |
|
| |
|
In thousands, except
share amounts |
|
|
Shares held for deferred
compensation plans
|
|
|
562,649 |
|
|
|
637,504 |
|
|
|
704,104 |
|
|
Cost of shares held for
deferred compensation plans
|
|
$ |
6,823 |
|
|
$ |
7,724 |
|
|
$ |
8,396 |
|
|
| Deferred Components of OCI Reported, Net of Related Income Taxes, in Accumulated OCI in Stockholders' Equity |
The deferred
components of OCI are reported, net of related income taxes, in
accumulated OCI in stockholders’ equity, as
follows:
|
|
|
|
|
|
|
|
|
| |
|
2015 |
|
|
2014 |
|
| |
|
In
thousands |
|
|
Foreign currency
translation
|
|
$ |
(718,169 |
) |
|
$ |
(356,941 |
) |
|
Defined benefit pension
plans
|
|
|
(372,195 |
) |
|
|
(377,134 |
) |
|
Derivative financial
instruments
|
|
|
47,142 |
|
|
|
31,389 |
|
|
Marketable
securities
|
|
|
— |
|
|
|
414 |
|
|
|
|
|
|
|
|
|
|
|
Accumulated other
comprehensive income (loss)
|
|
$ |
(1,043,222 |
) |
|
$ |
(702,272 |
) |
|
|
|
|
|
|
|
|
|
|
| Changes in Accumulated OCI, Net of Related Taxes |
The changes in
accumulated OCI, net of related taxes, are as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Foreign
Currency
Translation |
|
|
Defined
Benefit
Pension Plans |
|
|
Derivative
Financial
Instruments |
|
|
Marketable
Securities
|
|
|
Total |
|
| |
|
In
thousands |
|
|
Balance, December
2013
|
|
$ |
106,647 |
|
|
$ |
(277,451 |
) |
|
$ |
(41,754 |
) |
|
$ |
838 |
|
|
$ |
(211,720 |
) |
|
Other comprehensive income
(loss) before reclassifications
|
|
|
(463,588 |
) |
|
|
(126,275 |
) |
|
|
53,651 |
|
|
|
(424 |
) |
|
|
(536,636 |
) |
|
Amounts reclassified from
accumulated other comprehensive income (loss)
|
|
|
— |
|
|
|
26,592 |
|
|
|
19,492 |
|
|
|
— |
|
|
|
46,084 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net other comprehensive
income (loss)
|
|
|
(463,588 |
) |
|
|
(99,683 |
) |
|
|
73,143 |
|
|
|
(424 |
) |
|
|
(490,552 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance, December
2014
|
|
|
(356,941 |
) |
|
|
(377,134 |
) |
|
|
31,389 |
|
|
|
414 |
|
|
|
(702,272 |
) |
|
Other comprehensive income
(loss) before reclassifications
|
|
|
(361,228 |
) |
|
|
(37,238 |
) |
|
|
55,325 |
|
|
|
300 |
|
|
|
(342,841 |
) |
|
Amounts reclassified from
accumulated other comprehensive income (loss)
|
|
|
— |
|
|
|
42,177 |
|
|
|
(39,572 |
) |
|
|
(714 |
) |
|
|
1,891 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net other comprehensive
income (loss)
|
|
|
(361,228 |
) |
|
|
4,939 |
|
|
|
15,753 |
|
|
|
(414 |
) |
|
|
(340,950 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance, December
2015
|
|
$ |
(718,169 |
) |
|
$ |
(372,195 |
) |
|
$ |
47,142 |
|
|
$ |
— |
|
|
$ |
(1,043,222 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Reclassifications Out of Accumulated OCI |
Reclassifications out of accumulated OCI are as
follows:
|
|
|
|
|
|
|
|
|
|
|
|
Details About Accumulated
Other
Comprehensive
Income (Loss) Components
|
|
Affected Line Item in the
Consolidated Statements of
Income (Loss)
|
|
2015 |
|
|
2014 |
|
| |
|
|
|
In
thousands |
|
|
Amortization of defined
benefit pension plans:
|
|
|
|
|
|
|
|
|
|
|
|
Net deferred actuarial
losses
|
|
(a) |
|
$ |
(61,966 |
) |
|
$ |
(37,518 |
) |
|
Deferred prior service
costs
|
|
(a) |
|
|
(3,038 |
) |
|
|
(5,445 |
) |
|
Pension settlement
charges
|
|
Selling, general and |
|
|
|
|
|
|
|
|
|
|
administrative expenses |
|
|
(4,062 |
) |
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total before tax |
|
|
(69,066 |
) |
|
|
(42,963 |
) |
|
|
Tax benefit |
|
|
26,889 |
|
|
|
16,371 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net of tax |
|
|
(42,177 |
) |
|
|
(26,592 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
Gains (losses) on derivative
financial instruments:
|
|
|
|
|
|
|
|
|
|
|
|
Foreign exchange
contracts
|
|
Net sales |
|
|
(68,543 |
) |
|
|
(18,071 |
) |
|
Foreign exchange
contracts
|
|
Cost of goods sold |
|
|
132,432 |
|
|
|
(8,756 |
) |
|
Foreign exchange
contracts
|
|
Selling, general and |
|
|
|
|
|
|
|
|
|
|
administrative expenses |
|
|
(1,885 |
) |
|
|
— |
|
|
Foreign exchange
contracts
|
|
Other income (expense), net |
|
|
7,267 |
|
|
|
(1,189 |
) |
|
Interest rate
contracts
|
|
Interest expense |
|
|
(4,295 |
) |
|
|
(4,095 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Total before tax |
|
|
64,976 |
|
|
|
(32,111 |
) |
|
|
Tax benefit (expense) |
|
|
(25,404 |
) |
|
|
12,619 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net of tax |
|
|
39,572 |
|
|
|
(19,492 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
Gains (losses) on sale of
marketable securities:
|
|
Other income (expense), net |
|
|
1,177 |
|
|
|
— |
|
|
|
Tax expense |
|
|
(463 |
) |
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net of tax |
|
|
714 |
|
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
Total reclassifications for
the year
|
|
Net of tax |
|
$ |
(1,891 |
) |
|
$ |
(46,084 |
) |
|
|
|
|
|
|
|
|
|
|
|
| (a) |
These accumulated OCI components are included in the
computation of net periodic pension cost (see Note L for additional
details).
|
|