Accumulated Other Comprehensive Income (Loss) (Tables)

9 Months Ended

Sep. 30, 2025

Equity [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)

The following table presents the changes in Accumulated Other Comprehensive Loss ("AOCL"), net of tax for the three months ended September 30, 2025 and 2024:

	2025								2024
(Amounts in thousands)	Foreign currency translation items(1)		Pension and other postretirement effects		Cash flow hedging activity (2)		Total (1)		Foreign currency translation items(1)		Pension and other postretirement effects		Cash flow hedging activity (2)		Total (1)
Balance - July 1	$	(472,867)	$	(116,863)	$	(699)	$	(590,429)	$	(576,548)	$	(119,687)	$	(794)	$	(697,029)
Other comprehensive income (loss) before reclassifications (3)	(16,916)		1,149		—		(15,767)		52,872		(3,080)		—		49,792
Amounts reclassified from AOCL	—		1,838		25		1,863		—		859		23		882
Net current-period other comprehensive income (loss) (3)	(16,916)		2,987		25		(13,904)		52,872		(2,221)		23		50,674
Balance - September 30	$	(489,783)	$	(113,876)	$	(674)	$	(604,333)	$	(523,676)	$	(121,908)	$	(771)	$	(646,355)

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(1) Includes foreign currency translation adjustments attributable to noncontrolling interests of $(7.2) million and $(7.3) million at July 1, 2025 and 2024, respectively, and $(7.3) million and $(7.3) million at September 30, 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.

The following table presents the changes in AOCL, net of tax for the nine months ended September 30, 2025 and 2024:

	2025								2024
(Amounts in thousands)	Foreign currency translation items(1)		Pension and other postretirement effects		Cash flow hedging activity (2)		Total (1)		Foreign currency translation items(1) (4)		Pension and other postretirement effects		Cash flow hedging activity (2)		Total (1)
Balance - January 1	$	(632,097)	$	(115,898)	$	(747)	$	(748,742)	$	(523,873)	$	(121,882)	$	(813)	$	(646,568)
Other comprehensive income (loss) before reclassifications (3)	142,314		(3,533)		—		138,781		(3,369)		(2,549)		—		(5,918)
Amounts reclassified from AOCL	—		5,555		73		5,628		3,566		2,523		42		6,131
Net current-period other comprehensive income (loss) (3)	142,314		2,022		73		144,409		197		(26)		42		213
Balance - September 30	$	(489,783)	$	(113,876)	$	(674)	$	(604,333)	$	(523,676)	$	(121,908)	$	(771)	$	(646,355)

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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 $(7.3) million at September 30, 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.

(4) Amounts reclassified from AOCL within foreign currency translation items had no associated tax benefit (expense) and are included within loss on sale of business in our condensed consolidated statements of income.

Reclassifications out of Accumulated Other Comprehensive Income (Loss)

The following table presents the reclassifications out of AOCL:

		Three Months Ended September 30,
(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	$	(557)	$	(724)
Prior service costs(2)	Other income (expense), net	(154)		(158)
Settlements and other(2)	Other income (expense), net	(1,500)		—
	Tax benefit (expense)	373		23
	Net of tax	$	(1,838)	$	(859)
Cash flow hedging activity
Amortization of Treasury rate lock	Interest income (expense)	$	(32)	$	(30)
	Tax benefit (expense)	7		7
	Net of tax	$	(25)	$	(23)

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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.

The following table presents the reclassifications out of AOCL:

		Nine Months Ended September 30,
(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	(1,707)		(2,033)
Prior service costs(2)	Other income (expense), net	(467)		(464)
Settlements and other(2)	Other income (expense), net	(4,500)		—
	Tax benefit (expense)	1,119		(26)
	Net of tax	$	(5,555)	$	(2,523)
Cash flow hedging activity
Amortization of Treasury rate lock	Interest income (expense)	$	(94)	$	(92)
	Tax benefit (expense)	21		50
	Net of tax	$	(73)	$	(42)

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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.