Annual report pursuant to Section 13 and 15(d)

RETIREMENT AND SAVINGS BENEFIT PLANS - Reconciliation of Changes in Fair Value of Defined Benefit Plan Assets and Projected Benefit Obligations (Detail)

v3.8.0.1
RETIREMENT AND SAVINGS BENEFIT PLANS - Reconciliation of Changes in Fair Value of Defined Benefit Plan Assets and Projected Benefit Obligations (Detail) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 30, 2017
Dec. 31, 2016
Jan. 02, 2016
Fair value of plan assets      
VF contributions     $ 250,000
Amounts included in Consolidated Balance Sheets:      
Other assets (Note I) $ 82,296 $ 41,281  
Accrued liabilities (Note K) (27,277) (10,669)  
Other liabilities (Note M) (189,191) (165,642)  
Pension Plan      
Fair value of plan assets      
Fair value of plan assets, beginning of year 1,673,297 1,755,374  
Actual return on plan assets 204,017 191,219  
VF contributions 9,807 24,031  
Participant contributions 4,011 3,644  
Benefits paid (93,900) (286,271)  
Currency translation 12,417 (14,700)  
Fair value of plan assets, end of year 1,809,649 1,673,297 1,755,374
Projected benefit obligations      
Projected benefit obligations, beginning of year 1,808,327 1,912,015  
Service cost 24,890 25,839 29,223
Interest cost 58,989 68,020 77,620
Participant contributions 4,011 3,644  
Actuarial loss 131,040 100,242  
Benefits paid (93,900) (286,271)  
Curtailments (5,664) 0  
Currency translation 16,128 (15,162)  
Projected benefit obligations, end of year 1,943,821 1,808,327 $ 1,912,015
Funded status, end of year (134,172) (135,030)  
Amounts included in Consolidated Balance Sheets:      
Other assets (Note I) 82,296 41,281  
Accrued liabilities (Note K) (27,277) (10,669)  
Other liabilities (Note M) (189,191) (165,642)  
Funded status (134,172) (135,030)  
Accumulated other comprehensive loss, pretax:      
Net deferred actuarial losses 454,463 476,071  
Deferred prior service costs 10,533 14,883  
Total accumulated other comprehensive loss, pretax 464,996 490,954  
Accumulated benefit obligations $ 1,837,776 $ 1,717,786  
Weighted average actuarial assumptions used to determine pension obligations:      
Discount rate 3.46% 3.87%  
Rate of compensation increase 3.73% 3.78%