Derivative Instruments and Hedging Activities (Tables)

3 Months Ended

Mar. 31, 2026

Derivative Instruments and Hedging Activities

Summary of the company's outstanding derivative contracts and their effects on its Consolidated Statements of Financial Position

	March 31, 2026
	Notional
	Amounts		Assets		Liabilities
Derivatives designated as hedging instruments:
Foreign currency derivatives	$	10,956	$	—	$	(143)
Commodity derivatives		10,093		61		(443)
Total derivatives			$	61	$	(586)
	December 31, 2025
	Notional
	Amounts		Assets		Liabilities
Derivatives designated as hedging instruments:
Foreign currency derivatives	$	17,498	$	92	$	—
Commodity derivatives		14,591		—		(1,748)
Total derivatives			$	92	$	(1,748)
	March 31, 2025
	Notional
	Amounts		Assets		Liabilities
Derivatives designated as hedging instruments:
Foreign currency derivatives	$	19,625	$	-	$	(620)
Commodity derivatives		15,223		326		(549)
Total derivatives			$	326	$	(1,169)

Summary of the effects of derivative instruments on the Consolidated Statement of Earnings, Comprehensive Earnings and Retained Earnings

	For Quarter Ended March 31, 2026
					Gain (Loss)
			Gain (Loss)		on Amount Excluded
	Gain (Loss)		Reclassified from		from Effectiveness
	Recognized		Accumulated OCI		Testing Recognized
	in OCI		into Earnings		in Earnings
Foreign currency derivatives	$	(221)	$	14	$	—
Commodity derivatives		305		(1,060)		—
Total	$	84	$	(1,046)	$	—
	For Quarter Ended March 31, 2025
					Gain (Loss)
			Gain (Loss)		on Amount Excluded
	Gain (Loss)		Reclassified from		from Effectiveness
	Recognized		Accumulated OCI		Testing Recognized
	in OCI		into Earnings		in Earnings
Foreign currency derivatives	$	(39)	$	(237)	$	—
Commodity derivatives		1,052		(891)		—
Total	$	1,013	$	(1,128)	$	—