FAIR VALUE (Tables)

12 Months Ended

Dec. 31, 2022

FAIR VALUE.

Summary of assets and liabilities measured at fair value on a recurring basis

The following table provides a summary of fair value assets and liabilities as of December 31, 2022 measured at fair value on a recurring basis:

			Quoted Prices in
			Active Markets for
			Identical Assets or		Significant Other		Significant
	Balance as of		Liabilities		Observable Inputs		Unobservable
Description	December 31, 2022		(Level 1)		(Level 2)		Inputs (Level 3)
Assets:
Foreign exchange contracts	$	3,815	$	—	$	3,815	$	—
Commodity contracts		181		—		181		—
Forward starting swap agreements		19,291		—		19,291		—
Pension surplus		56,418		56,418		—		—
Total assets	$	79,705	$	56,418	$	23,287	$	—
Liabilities:
Foreign exchange contracts	$	1,528	$	—	$	1,528	$	—
Net investment contracts		2,229		—		2,229		—
Commodity contracts		33		—		33		—
Deferred compensation		39,090		—		39,090		—
Total liabilities	$	42,880	$	—	$	42,880	$	—

The following table provides a summary of fair value assets and liabilities as of December 31, 2021 measured at fair value on a recurring basis:

			Quoted Prices in
			Active Markets for
			Identical Assets or		Significant Other		Significant
	Balance as of		Liabilities		Observable Inputs		Unobservable
Description	December 31, 2021		(Level 1)		(Level 2)		Inputs (Level 3)
Assets:
Foreign exchange contracts	$	5,428	$	—	$	5,428	$	—
Net investment contracts		2,095		—		2,095		—
Commodity Contracts		311		—		311		—
Forward starting swap agreements		6,990		—		6,990		—
Total assets	$	14,824	$	—	$	14,824	$	—
Liabilities:
Foreign exchange contracts	$	3,980	$	—	$	3,980	$	—
Net investment contracts		608		—		608		—
Deferred compensation		41,612		—		41,612		—
Total liabilities	$	46,200	$	—	$	46,200	$	—