XML 99 R78.htm IDEA: XBRL DOCUMENT v3.25.0.1
RETIREMENT BENEFITS - Changes in Benefit Obligations and Plan Assets as Well as Funded Status of Retirement Plans (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Change in plan assets      
Fair value of plan assets at beginning of year $ 807,016    
Fair value of plan assets at end of year 769,630 $ 807,016  
Pension Benefits      
Change in benefit obligation      
Obligation at beginning of year 698,726 674,104  
Service cost 8,415 8,573 $ 12,603
Interest cost 33,868 34,725 20,579
Actuarial (gains) losses (18,748) 22,938  
Special termination benefits 0 577  
Plan amendments 0 (76)  
Curtailment gain (239) 0  
Benefits paid (62,056) (45,006)  
Participants’ contributions 0 0  
Foreign currency exchange rate changes (5,995) 2,891  
Obligation at end of year 653,971 698,726 674,104
Change in plan assets      
Fair value of plan assets at beginning of year 807,016 764,405  
Actual return on plan assets 21,689 84,849  
Employer contributions 2,981 2,768  
Participants’ contributions 0 0  
Benefits paid (62,056) (45,006)  
Fair value of plan assets at end of year 769,630 807,016 764,405
Funded status 115,659 108,290  
Amounts recognized in the consolidated balance sheets      
Non-current assets 206,800 203,494  
Current liabilities (3,009) (3,055)  
Non-current liabilities (88,132) (92,149)  
Net amount recognized 115,659 108,290  
Amounts recognized in accumulated other comprehensive loss      
Net actuarial loss (gain) 170,649 176,877  
Prior service cost (credit) 234 391  
Net amount recognized 170,883 177,268  
Other Postretirement Benefits      
Change in benefit obligation      
Obligation at beginning of year 13,373 14,447  
Service cost 27 50 78
Interest cost 644 745 413
Actuarial (gains) losses (65) 645  
Special termination benefits 0 0  
Plan amendments (339) 0  
Curtailment gain 0 (1,103)  
Benefits paid (1,703) (1,430)  
Participants’ contributions 18 19  
Foreign currency exchange rate changes 0 0  
Obligation at end of year 11,955 13,373 14,447
Change in plan assets      
Fair value of plan assets at beginning of year 0 0  
Actual return on plan assets 0 0  
Employer contributions 1,685 1,411  
Participants’ contributions 18 19  
Benefits paid (1,703) (1,430)  
Fair value of plan assets at end of year 0 0 $ 0
Funded status (11,955) (13,373)  
Amounts recognized in the consolidated balance sheets      
Non-current assets 0 0  
Current liabilities (1,299) (1,389)  
Non-current liabilities (10,656) (11,984)  
Net amount recognized (11,955) (13,373)  
Amounts recognized in accumulated other comprehensive loss      
Net actuarial loss (gain) (4,443) (4,740)  
Prior service cost (credit) (340) (21)  
Net amount recognized $ (4,783) $ (4,761)