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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME      
Consolidated net income $ 569,694 $ 393,507 $ 909,363
Other comprehensive income (loss):      
Foreign currency translation adjustment and other, net of taxes 403,602 (225,564) 74,800
(Loss) gain on foreign exchange contracts designated as net investment hedges, net of taxes (11,728) 7,859 (7,952)
(Loss) gain on interest rate swaps designated as cash flow hedges, net of taxes (1,706) (1,137) 2,783
Post-retirement expense items, net of taxes (2,209) 4,854 (1,277)
Other comprehensive income (loss) 387,959 (213,988) 68,354
Comprehensive income 957,653 179,519 977,717
Less: Comprehensive income (loss) attributable to noncontrolling interests 3,758 (1,325) 6,989
Comprehensive income attributable to shareholders $ 953,895 $ 180,844 $ 970,728