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Other (Income)/Expense, net
3 Months Ended
Mar. 31, 2026
Other Income and Expenses [Abstract]  
Other (Income)/Expense, net Other (Income)/Expense, net
The components of Other (income)/expense, net are:
Three months ended March 31,
(in thousands)
20262025
Currency transaction losses/(gains)
$(2,152)$3,152 
Derivative instruments losses/(gains)1,216 (2,526)
Components of net periodic pension and postretirement cost other than service cost1,483 821 
Other losses/(gains)(3,740)(464)
Total other (income)/expense, net$(3,193)$983 
Currency transaction losses/(gains), included within other (income)/expense, net were primarily the result of both realized and unrealized losses/(gains) on intercompany loans. In addition, changes in the fair value of derivative instruments included gains driven by currency rate movements, most notably the Brazilian Real and Mexican Peso.