ACCUMULATED OTHER COMPREHENSIVE INCOME LOSS

12 Months Ended

Dec. 31, 2022

20. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The total cumulative balance of each component of accumulated other comprehensive income (loss), net of tax, is as follows:


(In thousands)	Foreign currency translation adjustments, net		Total pension and postretirement adjustments, net		Accumulated other comprehensive income (loss)
December 31, 2020	$	(88,737)	$	(222,119)	$	(310,856)
Other comprehensive loss before reclassifications (1)	(10,829)		107,211		96,382
Amounts reclassified from accumulated other comprehensive income (1)	—		24,009		24,009
Net current period other comprehensive income (loss)	(10,829)		131,220		120,391
December 31, 2021	$	(99,566)	$	(90,899)	$	(190,465)
Other comprehensive loss before reclassifications (1)	(61,241)		(23,447)		(84,688)
Amounts reclassified from accumulated other comprehensive income (1)	—		16,237		16,237
Net current period other comprehensive loss	(61,241)		(7,210)		(68,451)
December 31, 2022	$	(160,807)	$	(98,109)	$	(258,916)

(1)All amounts are after tax.

Details of amounts reclassified from accumulated other comprehensive income (loss) are below:


	Amount reclassified from Accumulated other comprehensive income (loss)				Affected line item in the Consolidated Statement of Earnings
(In thousands)	2022		2021
Defined benefit pension and postretirement plans
Amortization of prior service costs	$	345	$	555	Other income, net
Recognized net actuarial losses	(17,198)		(28,905)		Other income, net
Settlements	(4,499)		(3,310)		Other income, net
	(21,352)		(31,660)		Earnings before income taxes
	5,115		7,651		Provision for income taxes
Total reclassifications	$	(16,237)	$	(24,009)	Net earnings