Accumulated Other Comprehensive Loss

3 Months Ended

Mar. 31, 2022

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Loss

Note M – Accumulated Other Comprehensive Loss

The components of Accumulated other comprehensive loss on the Consolidated Balance Sheets at December 31, 2021 and March 31, 2022 and the changes during the three-month period ended March 31, 2022, are presented net of taxes in the following table.

(Thousands of dollars)	Foreign Currency Translation Gains (Losses)		Retirement and Postretirement Benefit Plan Adjustments		Total
Balance at December 31, 2021	$	(311,895)	(215,816)		(527,711)
Components of other comprehensive income (loss):
Before reclassifications to income and retained earnings	18,020		—		18,020
Reclassifications to income	—		3,336	¹	3,336
Net other comprehensive income (loss)	18,020		3,336		21,356
Balance at March 31, 2022	$	(293,875)	(212,480)		(506,355)

1 Reclassifications before taxes of $4,210 are included in the computation of net periodic benefit expense for the three-month period ended March 31, 2022.  See Note H for additional information.  Related income taxes of $874 are included in Income tax expense (benefit) for the three-month period ended March 31, 2022.