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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Consolidated net income (loss) $ 1,110,468 $ 586,464 $ (200,168)
Other comprehensive income (loss):      
Foreign currency translation adjustment and other, net of taxes (133,106) 185,952 19,948
Unrealized gain (loss) on foreign exchange contracts designated as net investment hedges, net of taxes 14,452 (13,488) 10,368
Unrealized gain (loss) on interest rate swaps designated as cash flow hedges, net of taxes 21,538 (9,000) (7,787)
Employee benefit plan items, net of taxes 7,150 (2,864) 14,035
Other comprehensive income (loss) (89,966) 160,600 36,564
Comprehensive income (loss) 1,020,502 747,064 (163,604)
Less: Comprehensive income (loss) attributable to noncontrolling interests (923) 5,300 3,245
Comprehensive income (loss) attributable to shareholders $ 1,021,425 $ 741,764 $ (166,849)