Accumulated Other Comprehensive Loss

3 Months Ended

Mar. 31, 2025

Equity [Abstract]

Accumulated Other Comprehensive Loss

Accumulated Other Comprehensive Loss

Changes in Accumulated other comprehensive loss were as follows (in thousands):

	Three months ended March 31, 2025
	Foreign currency translation adjustments		Derivative financial instruments		Pension and postretirement benefit plans		Total
Balance, beginning of period	$	(91,102)	$	7,542	$	(249,146)	$	(332,706)
Other comprehensive income, before reclassifications	9,849		21,635		—		31,484
Income tax expense	(2,484)		(5,190)		—		(7,674)
	7,365		16,445		—		23,810
Reclassifications:
Net gain on derivative financial instruments	—		(37,420)		—		(37,420)
Prior service credits(a)	—		—		529		529
Actuarial gains(a)	—		—		(1,543)		(1,543)
Reclassifications before tax	—		(37,420)		(1,014)		(38,434)
Income tax benefit	—		8,910		237		9,147
	—		(28,510)		(777)		(29,287)
Other comprehensive income (loss)	7,365		(12,065)		(777)		(5,477)
Balance, end of period	$	(83,737)	$	(4,523)	$	(249,923)	$	(338,183)
	Three months ended March 31, 2024
	Foreign currency translation adjustments		Derivative financial instruments		Pension and postretirement benefit plans		Total
Balance, beginning of period	$	(68,739)	$	(6,601)	$	(229,622)	$	(304,962)
Other comprehensive loss, before reclassifications	(31,305)		(22,641)		—		(53,946)
Income tax benefit	11		5,413		—		5,424
	(31,294)		(17,228)		—		(48,522)
Reclassifications:
Net loss on derivative financial instruments	—		28,506		—		28,506
Prior service credits(a)	—		—		337		337
Actuarial gains(a)	—		—		(1,413)		(1,413)
Reclassifications before tax	—		28,506		(1,076)		27,430
Income tax (expense) benefit	—		(6,757)		253		(6,504)
	—		21,749		(823)		20,926
Other comprehensive (loss) income	(31,294)		4,521		(823)		(27,596)
Balance, end of period	$	(100,033)	$	(2,080)	$	(230,445)	$	(332,558)

(a)    Amounts reclassified are included in the computation of net periodic benefit (income) cost, discussed further in Note 13.