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Accumulated Other Comprehensive Earnings (Loss)
6 Months Ended
Jun. 30, 2025
Accumulated Other Comprehensive Earnings (Loss)  
Accumulated Other Comprehensive Earnings (Loss)

Note 8 — Accumulated Other Comprehensive Earnings (Loss)

The following tables set forth information with respect to accumulated other comprehensive earnings (loss):

    

    

    

    

    

Accumulated

Foreign

Foreign

Postretirement

Other

Currency

Currency

Commodity

and Pension

Comprehensive

Translation

Investments

Derivatives

Derivatives

Benefits

Earnings (Loss)

Balance at March 31,2025

$

(24,751)

    

$

3,295

    

$

(472)

    

$

(169)

    

$

2,293

    

$

(19,804)

Other comprehensive earnings (loss) before reclassifications

1,346

1,287

658

(937)

2,354

Reclassifications from accumulated other comprehensive loss

(30)

(6)

629

(157)

436

Other comprehensive earnings (loss) net of tax

1,346

1,257

652

(308)

(157)

2,790

Balance at June 30, 2025

$

(23,405)

$

4,552

$

180

$

(477)

$

2,136

$

(17,014)

Balance at March 31,2024

$

(20,730)

    

$

(2,240)

    

$

(23)

    

$

(425)

    

$

1,762

    

$

(21,656)

Other comprehensive earnings (loss) before reclassifications

(2,009)

627

(86)

(1,214)

(2,682)

Reclassifications from accumulated other comprehensive loss

(2)

75

512

(121)

464

Other comprehensive earnings (loss) net of tax

(2,009)

625

(11)

(702)

(121)

(2,218)

Balance at June 30, 2024

$

(22,739)

$

(1,615)

$

(34)

$

(1,127)

$

1,641

$

(23,874)

Balance at December 31, 2024

$

(24,787)

    

$

1,184

    

$

(621)

    

$

(1,642)

    

$

2,448

    

$

(23,418)

Other comprehensive earnings (loss) before reclassifications

1,382

3,414

627

(139)

5,284

Reclassifications from accumulated other comprehensive loss

(46)

174

1,304

(312)

1,120

Other comprehensive earnings (loss) net of tax

1,382

3,368

801

1,165

(312)

6,404

Balance at June 30, 2025

$

(23,405)

$

4,552

$

180

$

(477)

$

2,136

$

(17,014)

Balance at December 31, 2023

$

(21,050)

    

$

(2,359)

    

$

228

    

$

(1,915)

    

$

1,883

    

$

(23,213)

Other comprehensive earnings (loss) before reclassifications

(1,689)

746

(357)

(35)

(1,335)

Reclassifications from accumulated other comprehensive loss

(2)

95

823

(242)

674

Other comprehensive earnings (loss) net of tax

(1,689)

744

(262)

788

(242)

(661)

Balance at June 30, 2024

$

(22,739)

$

(1,615)

$

(34)

$

(1,127)

$

1,641

$

(23,874)

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

Details about Accumulated Other

Quarter Ended

Year to Date Ended

Location of (Gain) Loss

Comprehensive Income Components

June 30, 2025

June 30, 2024

June 30, 2025

June 30, 2024

Recognized in Earnings

Investments

$

(40)

$

(2)

$

(61)

$

(2)

Other income, net

Foreign currency derivatives

(8)

100

229

126

Other income, net

Commodity derivatives

829

678

1,720

1,087

Product cost of goods sold

Postretirement and pension benefits

(205)

(159)

(410)

(319)

Other income, net

Total before tax

576

617

1,478

892

Tax (expense) benefit

(140)

(153)

(358)

(218)

Net of tax

$

436

$

464

$

1,120

$

674