|
Capital and Accumulated Other Comprehensive Income (Loss) (Tables)
|
12 Months Ended |
|
Jan. 03, 2015
|
| Shares Held for Deferred Compensation Plans |
Balances
related to shares held for deferred compensation plans are as
follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
2014 |
|
|
2013 |
|
|
2012 |
|
| |
|
In millions, except
share amounts |
|
|
Shares held for deferred
compensation plans
|
|
|
637,504 |
|
|
|
704,104 |
|
|
|
749,824 |
|
|
Cost of shares held for
deferred compensation plans
|
|
$ |
7.7 |
|
|
$ |
8.4 |
|
|
$ |
8.8 |
|
|
| Deferred Components of OCI Reported, Net of Related Income Taxes, in Accumulated Other Comprehensive Income (Loss) in Stockholders' Equity |
The deferred
components of OCI are reported, net of related income taxes, in
accumulated other comprehensive income (loss) in
stockholders’ equity, as follows:
|
|
|
|
|
|
|
|
|
|
|
|
2014 |
|
|
2013 |
|
| |
|
In
thousands |
|
|
Foreign currency
translation
|
|
$ |
(356,941 |
) |
|
$ |
106,647 |
|
|
Defined benefit pension
plans
|
|
|
(377,134 |
) |
|
|
(277,451 |
) |
|
Derivative financial
instruments
|
|
|
31,389 |
|
|
|
(41,754 |
) |
|
Marketable
securities
|
|
|
414 |
|
|
|
838 |
|
|
|
|
|
|
|
|
|
|
|
Accumulated other
comprehensive income (loss)
|
|
$ |
(702,272 |
) |
|
$ |
(211,720 |
) |
|
|
|
|
|
|
|
|
|
|
| Changes in Accumulated Other Comprehensive Income (Loss), Net of Related Taxes |
The changes in
accumulated other comprehensive income (loss), net of related
taxes, are as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Foreign |
|
|
Defined |
|
|
Derivative |
|
|
|
|
|
|
|
| |
|
Currency |
|
|
Benefit |
|
|
Financial |
|
|
Marketable |
|
|
|
|
| |
|
Translation |
|
|
Pension Plans |
|
|
Instruments |
|
|
Securities |
|
|
Total |
|
| |
|
In
thousands |
|
|
Balance, December
2012
|
|
$ |
(4,068 |
) |
|
$ |
(420,538 |
) |
|
$ |
(29,430 |
) |
|
$ |
141 |
|
|
$ |
(453,895 |
) |
|
Other comprehensive income
(loss) before reclassifications
|
|
|
110,715 |
|
|
|
89,873 |
|
|
|
(4,937 |
) |
|
|
697 |
|
|
|
196,348 |
|
|
Amounts reclassified from
accumulated other comprehensive income (loss)
|
|
|
— |
|
|
|
53,214 |
|
|
|
(7,387 |
) |
|
|
— |
|
|
|
45,827 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net other comprehensive
income (loss)
|
|
|
110,715 |
|
|
|
143,087 |
|
|
|
(12,324 |
) |
|
|
697 |
|
|
|
242,175 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Reclassifications Out of Accumulated Other Comprehensive Income (Loss) |
Reclassifications out of accumulated other comprehensive income
(loss) are as follows:
|
|
|
|
|
|
|
|
|
|
|
|
Details About
Accumulated Other
Comprehensive Income (Loss) Components
|
|
Affected Line Item in the
Consolidated
Statements of
Income (Loss)
|
|
December 2014 |
|
|
December 2013 |
|
| |
|
|
|
In
thousands
|
|
|
Amortization of defined
benefit pension plans:
|
|
|
|
|
|
|
|
|
|
|
|
Net deferred actuarial
losses
|
|
(a) |
|
$ |
(37,518 |
) |
|
$ |
(85,356 |
) |
|
Deferred prior service
costs
|
|
(a) |
|
|
(5,445 |
) |
|
|
(1,270 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Total before
tax |
|
|
(42,963 |
) |
|
|
(86,626 |
) |
|
|
Tax benefit (expense) |
|
|
16,371 |
|
|
|
33,412 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net of tax |
|
|
(26,592 |
) |
|
|
(53,214 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
Gains (losses) on
derivative financial instruments:
|
|
|
|
|
|
|
|
|
|
|
|
Foreign exchange
contracts
|
|
Net sales |
|
|
(18,071 |
) |
|
|
12,917 |
|
|
Foreign exchange
contracts
|
|
Cost of goods
sold |
|
|
(8,756 |
) |
|
|
4,208 |
|
|
Foreign exchange
contracts
|
|
Other income (expense), net |
|
|
(1,189 |
) |
|
|
(1,051 |
) |
|
Interest rate
contracts
|
|
Interest
expense |
|
|
(4,095 |
) |
|
|
(3,905 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Total before
tax |
|
|
(32,111 |
) |
|
|
12,169 |
|
|
|
Tax benefit
(expense) |
|
|
12,619 |
|
|
|
(4,782 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Net of tax |
|
|
(19,492 |
) |
|
|
7,387 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Total reclassifications for
the year
|
|
Net of tax |
|
$ |
(46,084 |
) |
|
$ |
(45,827 |
) |
|
|
|
|
|
|
|
|
|
|
|
| (a) |
These accumulated other comprehensive income (loss) components
are included in the computation of net periodic pension cost (see
Note M for additional details).
|
|