Changes in Accumulated Other Comprehensive Income (Loss) by Component

3 Months Ended

Mar. 31, 2024

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Changes in Accumulated Other Comprehensive Income (Loss) by Component

Changes in Accumulated Other Comprehensive Income (Loss) by Component

The following tables set forth the changes in accumulated other comprehensive income (loss), net of tax, by component for the three month periods ended March 31, 2024 and 2023:

	Gains and Losses on Cash Flow Hedges		Pension and Other Postretirement Benefit Items		Foreign Currency Items		Total
December 31, 2023	$	(14,504)	$	(100,776)	$	(79,849)	$	(195,129)
Other comprehensive income (loss) before reclassifications	11,518		(218)		(38,683)		(27,383)
Amounts reclassified from accumulated other comprehensive income to the Condensed Consolidated Statements of Income	(2,171)		1,484		—		(687)
Net current-period other comprehensive income (loss)	9,347		1,266		(38,683)		(28,070)
March 31, 2024	$	(5,157)	$	(99,510)	$	(118,532)	$	(223,199)

	Gains and Losses on Cash Flow Hedges		Pension and Other Postretirement Benefit Items		Foreign Currency Items		Total
December 31, 2022	$	5,941	$	(108,640)	$	(117,801)	$	(220,500)
Other comprehensive income (loss) before reclassifications	(352)		11,249		18,473		29,370
Amounts reclassified from accumulated other comprehensive income to the Condensed Consolidated Statements of Income	(534)		373		—		(161)
Net current-period other comprehensive income (loss)	(886)		11,622		18,473		29,209
March 31, 2023	$	5,055	$	(97,018)	$	(99,328)	$	(191,291)

The following table sets forth the reclassifications out of accumulated other comprehensive loss by component for the three month periods ended March 31, 2024 and 2023:

Details about Accumulated Other Comprehensive Income (Loss) Components	Amount Reclassified from Accumulated Other Comprehensive Income (Loss)				Affected Line Item in the Condensed Consolidated Statements of (Loss) Income
	Three Months Ended March 31, 2024		Three Months Ended March 31, 2023
Cash flow hedges
Interest rate contracts	$	2,844	$	865	Interest expense
Foreign exchange contracts	(64)		(159)		Net sales
	2,780		706		Total before tax
	(609)		(172)		Tax expense
	2,171		534		Net of tax
Pension and other postretirement benefit items
Amortization of prior service costs	$	(27)	$	(90)	(A)
Amortization of actuarial losses	(562)		(392)		(A)
Curtailment loss	(1,370)		—		(A)
	(1,959)		(482)		Total before tax
	475		109		Tax benefit
	(1,484)		(373)		Net of tax
Total reclassifications in the period	$	687	$	161

(A) These accumulated other comprehensive income (loss) components are included within the computation of net periodic Pension and Other Postretirement Benefits cost. See Note 12.