XML 77 R65.htm IDEA: XBRL DOCUMENT v3.25.2
Pension and Postretirement Benefits (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Mar. 31, 2026
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Mar. 31, 2025
Dec. 31, 2024
Components of the net periodic cost for retirement and postretirement benefits              
Restructuring Charges   $ 178 $ 20,057 $ 11,009 $ 25,187    
Non-Restructuring Charges   3,140   1,020 2,215    
Total Realignment Program Charges       12,029 27,402    
Liability recorded   495,425   $ 495,425     $ 561,486
Vesting period       3 years      
Restricted Stock              
Components of the net periodic cost for retirement and postretirement benefits              
Vesting period       3 years      
Maximum | Forecast              
Components of the net periodic cost for retirement and postretirement benefits              
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement $ (7,000)            
Minimum | Forecast              
Components of the net periodic cost for retirement and postretirement benefits              
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement $ (6,000)            
Subtotal–Reportable Segments              
Components of the net periodic cost for retirement and postretirement benefits              
Restructuring Charges   178   $ 11,009 25,215    
Non-Restructuring Charges   3,172   1,303 1,558    
Total Realignment Program Charges       12,312 26,773    
Eliminations and All Other              
Components of the net periodic cost for retirement and postretirement benefits              
Restructuring Charges   0   0 (28)    
Non-Restructuring Charges   (32)   (283) 657    
Total Realignment Program Charges       (283) 629    
FPD              
Components of the net periodic cost for retirement and postretirement benefits              
Restructuring Charges   2,502   6,224      
Non-Restructuring Charges   1,135   (605)      
Total Realignment Program Charges       5,619      
FPD | Subtotal–Reportable Segments              
Components of the net periodic cost for retirement and postretirement benefits              
Restructuring Charges         12,159    
Non-Restructuring Charges         584    
Total Realignment Program Charges         12,743    
FCD              
Components of the net periodic cost for retirement and postretirement benefits              
Restructuring Charges       4,785      
Non-Restructuring Charges       1,908      
Total Realignment Program Charges       6,693      
Cost of Sales              
Components of the net periodic cost for retirement and postretirement benefits              
Restructuring Charges   1,968 7,123 12,693 11,552    
Non-Restructuring Charges   3,137   2,426 1,642    
Total Realignment Program Charges       15,119 13,194    
Cost of Sales | Subtotal–Reportable Segments              
Components of the net periodic cost for retirement and postretirement benefits              
Restructuring Charges   1,968   12,693 11,552    
Non-Restructuring Charges   3,137   2,492 1,858    
Total Realignment Program Charges       15,185 13,410    
Cost of Sales | Eliminations and All Other              
Components of the net periodic cost for retirement and postretirement benefits              
Restructuring Charges   0   0 0    
Non-Restructuring Charges   0   (66) (216)    
Total Realignment Program Charges       (66) (216)    
Cost of Sales | FPD              
Components of the net periodic cost for retirement and postretirement benefits              
Restructuring Charges   787   4,403      
Non-Restructuring Charges   1,101   464      
Total Realignment Program Charges       4,867      
Cost of Sales | FPD | Subtotal–Reportable Segments              
Components of the net periodic cost for retirement and postretirement benefits              
Restructuring Charges         11,408    
Non-Restructuring Charges         1,014    
Total Realignment Program Charges         12,422    
Cost of Sales | FCD              
Components of the net periodic cost for retirement and postretirement benefits              
Restructuring Charges       8,290      
Non-Restructuring Charges       2,028      
Total Realignment Program Charges       10,318      
Selling, General and Administrative Expenses              
Components of the net periodic cost for retirement and postretirement benefits              
Restructuring Charges   (1,790) (47) (1,684) 654    
Non-Restructuring Charges   3   (1,406) 573    
Total Realignment Program Charges       (3,090) 1,227    
Selling, General and Administrative Expenses | Subtotal–Reportable Segments              
Components of the net periodic cost for retirement and postretirement benefits              
Restructuring Charges   (1,790)   (1,684) 682    
Non-Restructuring Charges   35   (1,189) (300)    
Total Realignment Program Charges       (2,873) 382    
Selling, General and Administrative Expenses | Eliminations and All Other              
Components of the net periodic cost for retirement and postretirement benefits              
Restructuring Charges   0   0 (28)    
Non-Restructuring Charges   (32)   (217) 873    
Total Realignment Program Charges       (217) 845    
Selling, General and Administrative Expenses | FPD              
Components of the net periodic cost for retirement and postretirement benefits              
Restructuring Charges   1,715   1,821      
Non-Restructuring Charges   34   (1,069)      
Total Realignment Program Charges       752      
Selling, General and Administrative Expenses | FPD | Subtotal–Reportable Segments              
Components of the net periodic cost for retirement and postretirement benefits              
Restructuring Charges         751    
Non-Restructuring Charges         (430)    
Total Realignment Program Charges         321    
Selling, General and Administrative Expenses | FCD              
Components of the net periodic cost for retirement and postretirement benefits              
Restructuring Charges       (3,505)      
Non-Restructuring Charges       (120)      
Total Realignment Program Charges       (3,625)      
Domestic Plan              
Components of the net periodic cost for retirement and postretirement benefits              
Service cost   200 6,300 400 12,000    
Interest cost   5,300 5,000 10,900 10,400    
Expected return on plan assets   (5,500) (5,600) (11,500) (11,600)    
Amortization of unrecognized prior service cost and other costs   0 0 100 0    
Amortization of unrecognized net loss (gain)   100 0 200 0    
Net periodic cost recognized   1,600 5,700 3,100 10,800    
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement   1,500 0 3,000 0    
Liability recorded           $ 5,000  
Foreign Plan              
Components of the net periodic cost for retirement and postretirement benefits              
Service cost   1,700 1,300 3,200 2,600    
Interest cost   3,700 3,000 6,900 6,000    
Expected return on plan assets   (2,200) (2,000) (4,200) (3,900)    
Amortization of unrecognized prior service cost and other costs   0 100 200 200    
Amortization of unrecognized net loss (gain)   600 700 1,100 1,300    
Net periodic cost recognized   3,800 3,100 7,200 6,200    
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement   0 0 0 0    
Postretirement Medical Benefits              
Components of the net periodic cost for retirement and postretirement benefits              
Service cost   0 0 0 0    
Interest cost   0 100 200 300    
Expected return on plan assets   0 0 0 0    
Amortization of unrecognized prior service cost and other costs   100 100 100 100    
Amortization of unrecognized net loss (gain)   (200) 0 (200) 0    
Net periodic cost recognized   (100) 200 100 400    
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement   $ 0 $ 0 $ 0 $ 0