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Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2023
Accounting Policies [Abstract]  
Schedule of Changes In Accumulated Other Comprehensive Income By Components
The following table displays the changes in accumulated other comprehensive income (loss), net of taxes, in the amount of $53,761, $26,299 and $113,365, for the years ended December 31, 2023, 2022 and 2021, respectively, by components:
Unrealized gains (losses) on derivative instrumentsUnrealized gains (losses) with respect to pension and post-retirement benefit plansForeign currency translation differencesTotal
Balance as of January 1, 2021
$(20,675)$(147,096)$(43,451)$(211,222)
Other comprehensive income (loss)
 before reclassifications		100,900 47,229 (5,795)111,519 
Amount reclassified from accumulated other comprehensive income (loss)(29,655)686 — 1,846 
Net current-period other comprehensive income (loss)71,245 47,915 (5,795)113,365 
Balance as of January 1, 2022
$50,570 $(99,181)$(49,246)$(97,857)
Other comprehensive income (loss) before reclassifications(138,485)127,673 (15,743)(26,555)
Amount reclassified from accumulated other comprehensive income (loss)51,481 2,656 (1,283)52,854 
Net current-period other comprehensive income (loss)(87,004)130,329 (17,026)26,299 
Balance as of January 1, 2023
$(36,434)$31,148 $(66,272)$(71,558)
Other comprehensive income (loss) before reclassifications(112,641)88,686 4,441 (19,514)
Amount reclassified from accumulated other comprehensive income (loss)97,444 (24,169)— 73,275 
Net current-period other comprehensive income (loss)(15,197)64,517 4,441 53,761 
Balance as of December 31, 2023
$(51,631)$95,665 $(61,831)$(17,797)
Schedule Of Estimated Useful Life Of Assets
Depreciation is calculated by the straight-line method over the estimated useful life of the assets at the following annual rates:
 % 
Buildings and leasehold improvements (*)
2%-19%
 
Instruments, machinery and equipment
7%-32%
 
Office furniture and other
7%-13%
 
Motor vehicles and airplanes
13%-18%
(Mainly 15%)
(*)    Leasehold improvements are amortized generally over the term of the lease or the useful life of the assets, whichever is shorter.
Income Statement Impact of Cumulative Catch-Up Adjustments
The aggregate cumulative catch-up adjustment in EAC estimates on significant contracts had the following favorable/ (unfavorable) impact on the Company's operating results:
Year Ended December 31, 2023Year Ended December 31, 2022Year Ended December 31, 2021
Cost of revenues, net$(51,000)$(38,000)$(8,300)
Percentage of cost of revenues(*)
(1.14)%(0.92)%(0.21)%
Net income$(44,700)$(32,700)$(7,200)
Diluted earning per share$(1.00)$(0.73)$(0.16)
Schedule of Disaggregation of Revenue
Disaggregation of revenue:
Revenue by products and services was as follows:
Year Ended December 31, 2023Year Ended December 31, 2022Year Ended December 31, 2020
Revenue from sale of products$5,412,455 $5,105,921 $4,845,020 
Service revenue562,289 405,628 433,501 
$5,974,744 $5,511,549 $5,278,521 
Note 2 - SIGNIFICANT ACCOUNTING POLICIES (Cont.)

S.    REVENUE RECOGNITION (Cont.)

Revenue by transfer type was as follows:
Year Ended December 31, 2023Year Ended December 31, 2022Year Ended December 31, 2020
Over time$3,987,097 $3,478,768 $3,418,605 
Point in time1,987,647 2,032,781 1,859,916 
$5,974,744 $5,511,549 $5,278,521 

Revenue by customers was as follows:
Year Ended December 31, 2023Year Ended December 31, 2022
Israel Government Authorities (1,2)
$1,000,541 $998,123 
US Government (2)
1,018,811 1,041,843 
Other Governments3,457,021 2,933,560 
Commercial sales and other498,371 538,023 
$5,974,744 $5,511,549 
(1) Including U.S. Foreign Military Financing sales
(2) Including indirect sales
Schedule Of Warranty Liability
Changes in the Company’s provision for warranty, which is included mainly in other payables and accrued expenses in the balance sheet, are as follows:
 20232022
Balance, at January 1$93,150 $198,938 
Warranties issued during the year32,038 20,250 
Reduction due to expired warranties or claims during the year(38,940)(122,022)
Additions resulting from acquisitions2,227 468 
Reduction due to deconsolidation of a subsidiary— (4,484)
Balance, at December 31$88,475 $93,150 
Schedule Of Assets And Liabilities Measured At Fair Value On Recurring Basis
Assets and liabilities measured at fair value on a recurring basis are summarized below:

Fair value measurement at December 31, 2023 using:
 Quoted Prices
in Active
Markets for
Identical Assets
 (Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)
Description of Assets   
Foreign currency derivatives$— $50,348 $— 
Premises evacuation building input index receivable— — 55,747 
Investments elected to be accounted for using the fair value method— — 55,098 
Liabilities
Contingent purchase obligation— — (40,460)
Foreign currency derivatives— (81,254)— 
Cross-currency interest rate swap(35,159)— 
Total$— $(66,065)$70,385 

Fair value measurement at December 31, 2022 using:
 Quoted Prices
in Active
Markets for
Identical Assets
 (Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)
Description of Assets   
Foreign currency derivatives$— $83,759 $— 
Premises evacuation building input index receivable— — 57,447 
Investments elected to be accounted for using the fair value method— — 54,469 
Liabilities
Contingent purchase obligation— — (49,591)
Foreign currency derivatives— (136,043)— 
Cross-currency interest rate swap— (26,018)— 
Total$— $(78,302)$62,325