DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)

12 Months Ended

Dec. 31, 2024

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

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

	December 31, 2024
	Notional
	Amounts		Assets		Liabilities
Derivatives designated as hedging instruments:
Foreign currency derivatives	$	26,129	$	—	$	(818)
Commodity derivatives		20,959		39		(2,205)
Total derivatives			$	39	$	(3,023)

	December 31, 2023
	Notional
	Amounts		Assets		Liabilities
Derivatives designated as hedging instruments:
Foreign currency derivatives	$	16,337	$	302	$	—
Commodity derivatives		28,247		16		(2,542)
Total derivatives			$	318	$	(2,542)

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

	For Year Ended December 31, 2024
					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	$	(1,348)	$	(228)	$	—
Commodity derivatives		(1,337)		(1,697)		—
Total	$	(2,685)	$	(1,925)	$	—

	For Year Ended December 31, 2023
					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	$	374	$	(210)	$	—
Commodity derivatives		(3,122)		(585)		—
Total	$	(2,748)	$	(795)	$	—