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Accumulated Other Comprehensive Earnings (Loss)
9 Months Ended
Sep. 30, 2024
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, 2024

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$

(22,739)

    

$

(1,615)

    

$

(34)

    

$

(1,127)

    

$

1,641

    

$

(23,874)

Other comprehensive earnings (loss) before reclassifications

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(1,370)

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4,904

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156

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609

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—

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4,299

Reclassifications from accumulated other comprehensive loss

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—

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(4)

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19

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346

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​

(122)

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​

239

Other comprehensive earnings (loss) net of tax

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(1,370)

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4,900

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175

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955

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(122)

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​

4,538

Balance at September 30, 2024

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$

(24,109)

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$

3,285

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$

141

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$

(172)

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$

1,519

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$

(19,336)

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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 December 31, 2023

    

$

(21,050)

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$

(2,359)

​

$

228

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$

(1,915)

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$

1,883

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$

(23,213)

Other comprehensive earnings (loss) before reclassifications

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​

(3,059)

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​

5,650

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(201)

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574

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—

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2,964

Reclassifications from accumulated other comprehensive loss

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—

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(6)

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​

114

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1,169

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(364)

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913

Other comprehensive earnings (loss) net of tax

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(3,059)

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5,644

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(87)

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1,743

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(364)

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​

3,877

Balance at September 30, 2024

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$

(24,109)

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$

3,285

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$

141

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$

(172)

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$

1,519

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$

(19,336)

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Balance at December 31, 2022

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$

(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)

​

$

(108)

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$

1,178

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$

2,211

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$

(25,218)

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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, 2024

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September 30, 2023

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September 30, 2024

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September 30, 2023

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Recognized in Earnings

Investments

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$

(8)

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$

—

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$

(10)

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$

(1)

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Other income, net

Foreign currency derivatives

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25

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27

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151

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163

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Other income, net

Commodity derivatives

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456

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6

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1,543

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(87)

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Product cost of goods sold

Postretirement and pension benefits

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​

(160)

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​

(188)

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(479)

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​

(567)

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Other income, net

Total before tax

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313

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(155)

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1,205

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(492)

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Tax (expense) benefit

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(74)

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37

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​

(292)

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​

119

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Net of tax

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$

239

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$

(118)

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$

913

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$

(373)

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