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OTHER INCOME (EXPENSE) (Tables)
12 Months Ended
Dec. 31, 2023
OTHER INCOME (EXPENSE)  
Schedule of of 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.