OTHER INCOME (EXPENSE)

12 Months Ended

Dec. 31, 2023

OTHER INCOME (EXPENSE)

OTHER INCOME (EXPENSE)

NOTE 12 — OTHER INCOME (EXPENSE)

The components of Other income (expense) were as follows:

	Year Ended December 31,
	2023		2022		2021
Equity earnings in affiliates	$	556	$	(153)	$	499
Other components of net periodic pension (cost) income (1)		(2,573)		3,556		(123,920)
Other income (2)		15,405		6,588		8,964
Total Other income (expense)	$	13,388	$	9,991	$	(114,457)

(1) Other components of net periodic pension (cost) income includes pension settlements and curtailments as discussed in Note 11.

(2) In 2023, Other income primarily relates to non-recurring items such as royalty and other non-operating gains.