ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Table)

6 Months Ended

Jun. 30, 2023

Stockholders' Equity Note [Abstract]

Schedule of Comprehensive Income (Loss)

The cumulative balance of each component of accumulated other comprehensive income (AOCI), 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, 2021	$	(99,566)	$	(90,899)	$	(190,465)
Other comprehensive income (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 income (loss)	(61,241)		(7,210)		(68,451)
December 31, 2022	$	(160,807)	$	(98,109)	$	(258,916)
Other comprehensive income (loss) before reclassifications (1)	33,964		(485)		33,479
Amounts reclassified from accumulated other comprehensive income (1)	—		62		62
Net current period other comprehensive income (loss)	33,964		(423)		33,541
June 30, 2023	$	(126,843)	$	(98,532)	$	(225,375)

Reclassification out of Accumulated Other Comprehensive Income

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

(In thousands)	Amount reclassified from AOCI		Affected line item in the statement where net earnings is presented
Defined benefit pension and other postretirement benefit plans
Amortization of prior service costs	$	66	Other income, net
Amortization of actuarial losses	(153)		Other income, net
	(87)		Earnings before income taxes
	25		Provision for income taxes
Total reclassifications	$	(62)	Net earnings