v3.26.1
Accumulated Other Comprehensive (Loss)/Income - Schedule of Effects on Net Income of Significant Amounts Reclassified from Accumulated Other Comprehensive (Loss)/Income (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 28, 2026
Mar. 29, 2026
Jun. 29, 2025
Mar. 30, 2025
Jun. 28, 2026
Jun. 29, 2025
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]            
Net income from discontinued operations $ 0   $ 424,548   $ 0 $ 429,720
Gain/(Loss) on divestiture of business         775 619,507
Net income/(loss) 105,024 $ 67,625 493,199 $ 54,489 172,649 547,688
Net sales 1,885,485   1,910,441   3,561,927 3,619,669
Cost of sales (1,493,108)   (1,504,164)   (2,823,922) (2,859,705)
Income from continuing operations before income taxes 142,312   105,881   218,757 174,424
Provision for income taxes (39,551)   (39,500)   (49,061) (60,647)
Amount Reclassified from Accumulated Other Comprehensive (Loss)/Income            
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]            
Net income/(loss) 202   (47,695)   (316) (52,029)
Net sales 137   1,368   52 1,767
Cost of sales 1,438   (151)   2,020 (192)
Amount Reclassified from Accumulated Other Comprehensive (Loss)/Income | Foreign Currency Items            
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]            
Net income/(loss) 0   (47,955)   0 (51,747)
Amount Reclassified from Accumulated Other Comprehensive (Loss)/Income | Gains and Losses on Cash Flow Hedges            
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]            
Net income/(loss) 1,253   898   1,535 1,165
Income from continuing operations before income taxes 1,575   1,217   2,072 1,575
Provision for income taxes (322)   (319)   (537) (410)
Amount Reclassified from Accumulated Other Comprehensive (Loss)/Income | Gains and Losses on Cash Flow Hedges | Foreign exchange contracts            
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]            
Net sales 137   1,368   52 1,767
Cost of sales (9)   (151)   (197) (192)
Amount Reclassified from Accumulated Other Comprehensive (Loss)/Income | Gains and Losses on Cash Flow Hedges | Commodity contracts            
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]            
Cost of sales 1,447   0   2,217 0
Amount Reclassified from Accumulated Other Comprehensive (Loss)/Income | Defined Benefit Pension Items            
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]            
Net income/(loss) (1,051)   (638)   (1,851) (1,447)
Income from continuing operations before income taxes (1,462)   (842)   (2,471) (1,898)
Provision for income taxes 411   204   620 451
Amount Reclassified from Accumulated Other Comprehensive (Loss)/Income | Effect of curtailment loss            
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]            
Non-operating pension costs         (60) 0
Amount Reclassified from Accumulated Other Comprehensive (Loss)/Income | Effect of settlement loss            
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]            
Non-operating pension costs (337)   0   (337) 0
Amount Reclassified from Accumulated Other Comprehensive (Loss)/Income | Amortization of defined benefit pension items            
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]            
Non-operating pension costs (1,065)   (842)   (2,074) (1,898)
TFP Business | Amount Reclassified from Accumulated Other Comprehensive (Loss)/Income | Foreign Currency Items            
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]            
Net income from discontinued operations 0   (47,955)   0 (47,955)
Tube and Core Operations | Amount Reclassified from Accumulated Other Comprehensive (Loss)/Income | Foreign Currency Items            
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]            
Gain/(Loss) on divestiture of business $ 0   $ 0   $ 0 $ (3,792)