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Accumulated Other Comprehensive Earnings (Loss)
9 Months Ended
Sep. 30, 2023
Accumulated Other Comprehensive Earnings (Loss)  
Accumulated Other Comprehensive Earnings (Loss)

Note 8 — Accumulated Other Comprehensive Earnings (Loss)

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Accumulated Other Comprehensive Earnings (Loss) consists of the following components:

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Accumulated

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Foreign

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Foreign

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Postretirement

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Other

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Currency

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Currency

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Commodity

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and Pension

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Comprehensive

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Translation

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Investments

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Derivatives

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Derivatives

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Benefits

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Earnings (Loss)

Balance at June 30, 2023

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$

(21,357)

    

$

(7,166)

    

$

79

    

$

(609)

    

$

2,355

    

$

(26,698)

Other comprehensive earnings (loss) before reclassifications

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​

(543)

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567

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​

(209)

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1,783

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-

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1,598

Reclassifications from accumulated other comprehensive loss

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-

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-

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22

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4

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(144)

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​

(118)

Other comprehensive earnings (loss) net of tax

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(543)

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567

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​

(187)

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1,787

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(144)

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​

1,480

Balance at September 30, 2023

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$

(21,900)

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$

(6,599)

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$

(108)

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$

1,178

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$

2,211

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$

(25,218)

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Balance at June 30, 2022

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$

(24,419)

    

$

(7,575)

    

$

124

    

$

76

    

$

426

    

$

(31,368)

Other comprehensive earnings (loss) before reclassifications

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120

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​

(2,518)

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​

(365)

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​

(45)

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​

-

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​

(2,808)

Reclassifications from accumulated other comprehensive loss

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-

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(3)

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​

(37)

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​

(55)

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​

(157)

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​

(252)

Other comprehensive earnings (loss) net of tax

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120

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​

(2,521)

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​

(402)

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​

(100)

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​

(157)

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​

(3,060)

Balance at September 30, 2022

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$

(24,299)

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$

(10,096)

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$

(278)

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$

(24)

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$

269

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$

(34,428)

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Balance at December 31, 2022

    

$

(23,795)

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$

(8,809)

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$

(215)

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$

8

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$

2,642

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$

(30,169)

Other comprehensive earnings (loss) before reclassifications

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1,895

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​

2,210

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(17)

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1,236

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-

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5,324

Reclassifications from accumulated other comprehensive loss

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-

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-

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124

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(66)

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(431)

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​

(373)

Other comprehensive earnings (loss) net of tax

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1,895

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​

2,210

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​

107

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​

1,170

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​

(431)

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​

4,951

Balance at September 30, 2023

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$

(21,900)

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$

(6,599)

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$

(108)

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$

1,178

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$

2,211

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$

(25,218)

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Balance at December 31, 2021

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$

(24,882)

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$

(1,286)

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$

322

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$

94

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$

739

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$

(25,013)

Other comprehensive earnings (loss) before reclassifications

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​

583

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​

(8,799)

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​

(421)

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​

5

​

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-

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​

(8,632)

Reclassifications from accumulated other comprehensive loss

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-

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​

(11)

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​

(179)

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​

(123)

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​

(470)

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​

(783)

Other comprehensive earnings (loss) net of tax

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​

583

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​

(8,810)

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​

(600)

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​

(118)

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​

(470)

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​

(9,415)

Balance at September 30, 2022

​

$

(24,299)

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$

(10,096)

​

$

(278)

​

$

(24)

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$

269

​

$

(34,428)

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The amounts reclassified from accumulated other comprehensive income (loss) consisted of the following:

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Details about Accumulated Other

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Quarter Ended

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Year to Date Ended

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Location of (Gain) Loss

Comprehensive Income Components

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September 30, 2023

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September 30, 2022

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September 30, 2023

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September 30, 2022

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Recognized in Earnings

Investments

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$

-

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$

(4)

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$

(1)

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$

(14)

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Other income, net

Foreign currency derivatives

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27

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(48)

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163

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​

(236)

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Other income, net

Commodity derivatives

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6

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(73)

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​

(87)

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​

(162)

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Product cost of goods sold

Postretirement and pension benefits

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​

(188)

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​

(207)

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(567)

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​

(620)

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Other income, net

Total before tax

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​

(155)

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​

(332)

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​

(492)

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​

(1,032)

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Tax (expense) benefit

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37

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80

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119

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​

249

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Net of tax

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$

(118)

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$

(252)

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$

(373)

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$

(783)

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