Accumulated Other Comprehensive Loss (Tables)

12 Months Ended

Dec. 31, 2023

Equity [Abstract]

Schedule of Accumulated Other Comprehensive Loss

Changes in Accumulated other comprehensive loss for the years ended December 31, were as follows (in thousands):

	2023
	Foreign currency translation adjustments		Derivative financial instruments		Pension and postretirement benefit plans		Total
Balance, beginning of period	$	(80,271)	$	(10,440)	$	(251,218)	$	(341,929)
Other comprehensive income, before reclassifications	11,845		48,583		34,005		94,433
Income tax expense	(313)		(11,322)		(7,984)		(19,619)
	11,532		37,261		26,021		74,814
Reclassifications:
Net gains on derivative financial instruments	—		(43,678)		—		(43,678)
Prior service credits(a)	—		—		86		86
Actuarial gains(a)	—		—		(5,110)		(5,110)
Settlement gains(a)	—		—		(759)		(759)
Reclassifications before tax	—		(43,678)		(5,783)		(49,461)
Income tax benefit	—		10,256		1,358		11,614
	—		(33,422)		(4,425)		(37,847)
Other comprehensive income	11,532		3,839		21,596		36,967
Balance, end of period	$	(68,739)	$	(6,601)	$	(229,622)	$	(304,962)

	2022
	Foreign currency translation adjustments		Derivative financial instruments		Pension and postretirement benefit plans		Total
Balance, beginning of period	$	(44,401)	$	(2,005)	$	(194,513)	$	(240,919)
Other comprehensive loss, before reclassifications	(32,769)		(44,767)		(100,154)		(177,690)
Income tax (expense) benefit	(3,101)		9,611		23,516		30,026
	(35,870)		(35,156)		(76,638)		(147,664)
Reclassifications:
Net losses on derivative financial instruments	—		33,598		—		33,598
Prior service credits(a)	—		—		(3,635)		(3,635)
Actuarial losses(a)	—		—		32,400		32,400
Settlement gains(a)	—		—		(2,715)		(2,715)
Reclassifications before tax	—		33,598		26,050		59,648
Income tax expense	—		(6,877)		(6,117)		(12,994)
	—		26,721		19,933		46,654
Other comprehensive loss	(35,870)		(8,435)		(56,705)		(101,010)
Balance, end of period	$	(80,271)	$	(10,440)	$	(251,218)	$	(341,929)

	2021
	Foreign currency translation adjustments		Derivative financial instruments		Pension and postretirement benefit plans		Total
Balance, beginning of period	$	(7,589)	$	(46,116)	$	(429,712)	$	(483,417)
Other comprehensive (loss) income, before reclassifications	(38,988)		(73,207)		251,790		139,595
Income tax benefit (expense)	2,176		15,883		(59,120)		(41,061)
	(36,812)		(57,324)		192,670		98,534
Reclassifications:
Net losses on derivative financial instruments	—		130,609		—		130,609
Prior service credits(a)	—		—		(3,570)		(3,570)
Actuarial losses(a)	—		—		68,989		68,989
Curtailment and settlement gains(a)	—		—		(9,840)		(9,840)
Reclassifications before tax	—		130,609		55,579		186,188
Income tax expense	—		(29,174)		(13,050)		(42,224)
	—		101,435		42,529		143,964
Other comprehensive (loss) income	(36,812)		44,111		235,199		242,498
Balance, end of period	$	(44,401)	$	(2,005)	$	(194,513)	$	(240,919)

(a)Amounts reclassified are included in the computation of net periodic benefit cost, discussed further in Note 14.