ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) ("AOCI") (Tables)

12 Months Ended

Dec. 31, 2022

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) ("AOCI")

Schedule of changes in accumulated other comprehensive income (loss)

	Year Ended December 31, 2022
	Unrealized gain
	(loss) on derivatives
	designated and			Defined benefit			Currency
	qualifying as cash			pension plan			translation
	flow hedges			activity			adjustment			Total
Balance at December 31, 2020	$	2,487		$	(101,770)		$	(202,907)		$	(302,190)
Other comprehensive income (loss) before reclassification		6,753			6,279			(49,342)	3		(36,310)
Amounts reclassified from AOCI		(1,146)	1		82,260	2		—			81,114
Net current-period other comprehensive income (loss)		5,607			88,539			(49,342)			44,804
Balance at December 31, 2021	$	8,094		$	(13,231)		$	(252,249)		$	(257,386)
Other comprehensive income (loss) before reclassification		7,866			13,911			(35,178)	3, 4		(13,401)
Amounts reclassified from AOCI		(2,051)	1		(2,461)	2		—			(4,512)
Net current-period other comprehensive income (loss)		5,815			11,450			(35,178)			(17,913)
Balance at December 31, 2022	$	13,909		$	(1,781)		$	(287,427)		$	(275,299)

(1) During 2022, this AOCI reclassification is a component of Net sales of $665 (net of tax of $297) and Cost of goods sold of $(1,386) (net of tax of $(351)); during 2021, the reclassification is a component of Net sales of $1,553 (net of tax of $671) and Cost of goods sold of $407 (net of tax of $179). Refer to Note 14 to the consolidated financial statements for additional details.

(2) This AOCI component is included in the computation of net periodic pension costs (net of tax of $(476) and $46,609 during the years ended December 31, 2022 and 2021, respectively). Refer to Note 11 to the consolidated financial statements for additional details.

(3) The Other comprehensive income before reclassifications excludes $94 and $(403) attributable to Non-controlling interests in the years ended December 31, 2022 and 2021, respectively. The reclassified AOCI component is included in the computation of Non-controlling interests. Refer to the Consolidated Statements of Equity for additional details.

(4) Includes a gain of $9,440 from derivatives designated as net investment hedges.