Accumulated Other Comprehensive Income (Loss) (Tables)

3 Months Ended

Mar. 31, 2025

Schedule of Accumulated Other Comprehensive Income (Loss)

The following table presents the changes in Accumulated Other Comprehensive Loss ("AOCL"), net of related tax effects for the three months ended March 31, 2025 and 2024:


	2025								2024
(Amounts in thousands)	Foreign currency translation items(1)		Pension and other post-retirement effects		Cash flow hedging activity (2)		Total		Foreign currency translation items(1)		Pension and other post-retirement effects		Cash flow hedging activity (2)		Total
Balance - January 1,	$	(632,097)	$	(115,898)	$	(747)	$	(748,742)	$	(523,873)	$	(121,882)	$	(813)	$	(646,568)
Other comprehensive income (loss) before reclassifications (3)	47,571		(1,534)		—		46,037		(28,244)		517		—		(27,727)
Amounts reclassified from AOCL	—		1,868		24		1,892		—		859		(5)		854
Net current-period other comprehensive income (loss) (3)	47,571		334		24		47,929		(28,244)		1,376		(5)		(26,873)
Balance - March 31,	$	(584,526)	$	(115,564)	$	(723)	$	(700,813)	$	(552,117)	$	(120,506)	$	(818)	$	(673,441)

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(1) Includes foreign currency translation adjustments attributable to noncontrolling interests of $(7.3) million and $(7.0) million at January 1, 2025 and 2024, respectively, and $(7.3) million and $(7.2) million at March 31, 2025 and 2024, respectively.

(2) Other comprehensive loss before reclassifications and amounts reclassified from AOCL to interest expense related to designated cash flow hedges.

(3) Amounts in parentheses indicate an increase to AOCL.

Reclassifications out of Accumulated Other Comprehensive Income (Loss)

The following table presents the reclassifications out of AOCL:


		Three Months Ended March 31,
(Amounts in thousands)	Affected line item in the statement of income	2025(1)		2024(1)












Pension and other postretirement effects
Amortization of actuarial losses(2)	Other income (expense), net	$	(603)	$	(630)
Prior service costs(2)	Other income (expense), net	(152)		(153)
Settlements and other(2)	Other income (expense), net	(1,500)		—
	Tax benefit (expense)	387		(76)
	Net of tax	$	(1,868)	$	(859)

Cash flow hedging activity
Amortization of Treasury rate lock	Interest income (expense)	$	(31)	$	(30)
	Tax benefit (expense)	7		35
	Net of tax	$	(24)	$	5

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(1) Amounts in parentheses indicate decreases to income. None of the reclassified amounts have a noncontrolling interest component.

(2) These AOCL components are included in the computation of net periodic pension cost. See Note 13, "Pension and Postretirement Benefits," for additional details.