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Employee Benefit Plans (Tables)
 12 Months Ended
Dec. 31, 2024
Retirement Benefits [Abstract]  
Schedule of Defined Benefit Plans Disclosures
The following tables summarize the change in benefit obligations, change in plan assets, and funded status associated with the Company's significant defined benefit plans and the amounts recognized in the consolidated balance sheets at December 31, 2024 and 2023:
 
Qualified Defined Benefits
Non-Qualified Supplemental Benefits
 
U.S. Plan
Non-U.S. Plans
 202420232024202320242023
Change in benefit obligation:      
Benefit obligation at beginning of year$319,306 $319,901 $250,029 $215,317 $29,189 $32,503 
Service cost
— 2,867 4,853 3,712 — 970 
Interest cost15,810 17,203 6,091 10,591 1,359 1,636 
Plan participants' contributions— — 2,481 2,251 — — 
Benefits paid(27,725)(17,701)(8,477)(11,953)(4,188)(6,582)
Actuarial loss (gain)(1)
(16,635)22,384 3,288 16,884 (3,318)662 
Disposition
— — (4,226)— — — 
Amendments— — (364)41 — — 
Settlements and curtailments— (25,348)(2,118)(1,116)— — 
Currency translation and other— — (10,126)14,302 — — 
Benefit obligation at end of year290,756 319,306 241,431 250,029 23,042 29,189 
Change in plan assets:      
Fair value of plan assets at beginning of year392,519 394,053 175,765 152,860 — — 
Actual return on plan assets7,172 40,633 6,770 11,935 — — 
Company contributions— — 8,594 9,516 4,188 6,582 
Plan participants' contributions— — 2,481 2,251 — — 
Benefits paid(27,725)(17,701)(8,477)(11,953)(4,188)(6,582)
Settlements and curtailments— (24,466)(2,118)(298)— — 
Currency translation and other— — (6,785)11,454 — — 
Fair value of plan assets at end of year371,966 392,519 176,230 175,765 — — 
Funded (unfunded) status
$81,210 $73,213 $(65,201)$(74,264)$(23,042)$(29,189)
Amounts recognized in the consolidated balance sheets consist of:
    
Assets and Liabilities:      
Other assets and deferred charges$81,210 $73,213 $2,080 $1,938 $— $— 
Accrued compensation and employee benefits— — (1,601)(731)(6,481)(5,477)
Liabilities held for sale (2)
— — — (18,044)— — 
Defined benefit and other post-retirement benefit plans
— — (65,680)(57,427)(16,561)(23,712)
Total assets (liabilities)
81,210 73,213 (65,201)(74,264)(23,042)(29,189)
Accumulated other comprehensive loss (earnings):
Net actuarial losses (gains)61,715 57,870 45,986 42,926 (24,795)(24,435)
Prior service cost (credit)— — (1,825)(2,222)— — 
Tax (benefit) expense(12,945)(12,075)(9,293)(8,947)5,395 5,313 
Total accumulated other comprehensive loss (earnings), net of tax
48,770 45,795 34,868 31,757 (19,400)(19,122)
Net amount recognized at December 31,$129,980 $119,008 $(30,333)$(42,507)$(42,442)$(48,311)
Accumulated benefit obligations$290,756 $319,306 $233,921 $242,619 $23,042 $29,189 
(1) The actuarial loss (gain) were primarily due to discount rate fluctuations and plan experience.
(2) De-Sta-Co assets and liabilities are classified as held for sale as of December 31, 2023. See Note 4 — Discontinued and Disposed Operations for further details.
Schedule of Projected Benefit Obligations and Accumulated Benefit Obligations in Excess of Plan Assets
Non-U.S. pension plans with accumulated benefit obligations in excess of plan assets consist of the following at December 31, 2024 and 2023:
 20242023
Accumulated benefit obligation$228,977 $227,442 
Fair value of plan assets169,207 158,653 

Non-U.S. pension plans with projected benefit obligations in excess of plan assets consist of the following at December 31, 2024 and 2023:
 20242023
Projected benefit obligation$236,488 $234,854 
Fair value of plan assets169,207 158,653 
Schedule of Net Periodic Benefit Costs
Components of the net periodic benefit cost were as follows: 

Defined Benefit Plans
 Qualified Defined Benefits  Non-Qualified Supplemental Benefits
 U.S. PlanNon-U.S. Plans
 202420232022202420232022202420232022
Service cost$— $2,867 $5,703 $4,853 $3,712 $4,675 $— $970 $1,426 
Interest cost15,810 17,203 13,745 6,091 10,591 5,220 1,359 1,636 1,215 
Expected return on plan assets(27,653)(26,208)(29,104)(7,868)(7,331)(7,191)— — — 
Amortization of:
Prior service cost (credit)— — 110 (760)(717)(526)— 1,874 1,490 
Actuarial loss (gain)
— — 2,300 1,069 656 1,747 (2,959)(3,207)(2,016)
Settlement and curtailment loss (gain)— 4,434 6,276 112 (801)(393)— — — 
Net periodic (benefit) expense$(11,843)$(1,704)$(970)$3,497 $6,110 $3,532 $(1,600)$1,273 $2,115 
Schedule of Weighted-Average Assumptions Used in Benefit Obligations The weighted average assumptions used in determining the benefit obligations were as follows:
 Qualified Defined BenefitsNon-Qualified Supplemental Benefits
 U.S. PlanNon-U.S. Plans
 202420232024202320242023
Discount rate5.70 %5.20 %2.64 %2.80 %5.50 %5.15 %
Average wage increaseN/A4.00 %1.36 %1.65 %N/A4.50 %
Schedule of Weighted-Average Assumptions Used Calculating Net Periodic Cost
The weighted average assumptions used in determining the net periodic benefit cost were as follows:
 Qualified Defined BenefitsNon- Qualified Supplemental Benefits
 U.S. PlanNon-U.S. Plans
 202420232022202420232022202420232022
Discount rate5.20 %5.55 %2.95 %2.80 %3.57 %1.18 %5.15 %5.50 %2.90 %
Average wage increase4.00 %4.00 %4.00 %1.65 %1.67 %1.53 %4.50 %4.50 %4.50 %
Expected return on plan assets6.30 %5.60 %5.60 %4.59 %4.69 %3.47 %
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Schedule of Weighted-Average Asset Allocation Actual and Target
The Company's actual and target weighted average asset allocation for our U.S. Qualified Defined Benefits Plan was as follows:
20242023Current Target
Return-seeking investments30 %28 %30 %
Liability hedging investments70 %72 %70 %
Total100 %100 %100 %
Schedule of Plan Assets by Asset Category
The fair values of both U.S. and non-U.S. pension plan assets by asset category within the fair value hierarchy (as defined in Note 13 — Financial Instruments) were as follows:
 
U.S. Qualified Defined Benefits Plan
 December 31, 2024December 31, 2023
 
Level 1
Level 2
Total Fair Value
Level 1
Level 2
Total Fair Value
Corporate bonds$— $196,492 $196,492 $— $215,631 $215,631 
Government securities— 52,880 52,880 — 52,862 52,862
Interest-bearing cash and short-term investments3,189 — 3,189 3,901 — 3,901
Total investments at fair value$3,189 $249,372 252,561 $3,901 $268,493 272,394
Investments measured at net asset value*
Collective funds110,020 110,582 
Short-term investment funds9,385 9,543 
Total investments$371,966 $392,519 

 
Non-U.S. Plans
 December 31, 2024December 31, 2023
 
Level 1
Level 2
Level 3
Total Fair Value
Level 1
Level 2
Level 3
Total Fair Value
Common stocks$56,976 $— $— $56,976 $54,557 $— $— $54,557 
Fixed income investments— 35,936 — 35,936 — 32,421 — 32,421 
Mutual funds12,118 — — 12,118 20,628 — — 20,628 
Cash and cash equivalents2,384 — — 2,384 2,237 — — 2,237 
Other— 3,570 21,658 25,228 — 499 18,652 19,151 
Total investments at fair value$71,478 $39,506 $21,658 132,642 $77,422 $32,920 $18,652 128,994 
Investments measured at net asset value*
Collective funds39,339 41,502 
Other4,249 5,269 
 Total investments$176,230 $175,765 
* In accordance with Fair Value Measurement Topic 820 (Subtopic 820-10), certain investments that are measured at fair value using the net asset value per share (or its equivalent) as a practical expedient were not classified in the fair value hierarchy. These are included to permit reconciliation of the fair value hierarchy to the aggregate pension plan assets.
Schedule of Measurement of Plan Assets use Significant Unobservable Inputs
The fair value measurement of plan assets using significant unobservable inputs (Level 3) changed during 2023 and 2024, due to the following:
Level 3
Balance at December 31, 2022$16,294 
Actual return on plan assets:
Relating to assets still held at December 31, 2023(417)
Relating to assets sold during the period(17)
Purchases1,746 
Sales and settlements(346)
Foreign currency translation1,392 
Balance at December 31, 202318,652 
Actual return on plan assets:
Relating to assets still held at December 31, 2024623 
Relating to assets sold during the period7 
Purchases2,154 
Sales and settlements1,090 
Foreign currency translation(868)
Balance at December 31, 2024$21,658 
Schedule of Expected Future Benefit Payments
Benefit Payments

Estimated future benefit payments to retirees, which reflect expected future service except to the extent frozen, are as follows:
 Qualified Defined BenefitsNon-Qualified Supplemental Benefits
 U.S. PlanNon-U.S. Plans
2025$32,185 $12,261 $6,657 
202627,402 12,221 3,727 
202726,139 14,861 1,888 
202824,919 12,877 3,737 
202924,405 12,369 1,676 
2030 - 2034108,965 67,017 7,157