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PENSION AND OTHER POST-RETIREMENT BENEFIT PLANS (Tables)
 12 Months Ended
Dec. 31, 2024
Retirement Benefits [Abstract]  
Schedule of Defined Benefit Obligations, Plan Assets, and Funded Status
A summary of the changes in benefit obligations, plan assets and funded status of these plans is as follows:
Pension Benefits Other Benefits 
December 31,2024202320242023
Change in benefit obligation
Projected benefit obligation at beginning of year$822,035 $830,285 $100,311 $164,889 
Service cost15,323 14,991 131 221 
Interest cost38,675 41,205 4,852 7,171 
Actuarial (gain) loss(5,337)23,187 4,845 38,789 
Curtailment— — — (740)
Settlement(64,665)(66,132)— (88,689)
Currency translation and other(5,008)2,466 (2,143)(324)
Benefits paid(22,341)(23,967)(12,033)(21,006)
Projected benefit obligation at end of year778,682 822,035 95,963 100,311 
Change in plan assets
Fair value of plan assets at beginning of year836,843 848,432 — — 
Actual return on plan assets30,626 70,096 — — 
Employer contributions3,566 6,576 12,033 21,006 
Settlement(64,665)(66,132)— (88,689)
Annuity purchase— — — 88,689 
Currency translation and other(4,052)1,838 — — 
Benefits paid(22,341)(23,967)(12,033)(21,006)
Fair value of plan assets at end of year779,977 836,843 — — 
Funded status at end of year
$1,295 $14,808 $(95,963)$(100,311)
Amounts recognized in the Consolidated Balance Sheets:
Other assets$41,298 $48,506 $— $— 
Accrued liabilities(6,166)(4,749)(8,957)(9,593)
Other long-term liabilities(33,837)(28,949)(87,006)(90,718)
Total$1,295 $14,808 $(95,963)$(100,311)
Amounts recognized in Accumulated Other Comprehensive Income (Loss), net of tax:
Actuarial net (loss) gain$(117,030)$(129,184)$(10,903)$(7,704)
Net prior service credit4,631 8,561 1,205 527 
Net amounts recognized in AOCI$(112,399)$(120,623)$(9,698)$(7,177)
Schedule of Accumulated Benefit Obligations in Excess of Plan Assets
Plans with accumulated benefit obligations in excess of plan assets were as follows:  
December 31,20242023
Projected benefit obligation
$46,812 $40,278 
Accumulated benefit obligation41,853 33,812 
Fair value of plan assets
7,138 6,695 
Schedule of Accumulated Projected Benefit Obligations in Excess of Plan Assets
Plans with projected benefit obligations in excess of plan assets were as follows:  
December 31,20242023
Projected benefit obligation
$49,539 $84,416 
Accumulated benefit obligation42,897 71,046 
Fair value of plan assets
9,536 50,718 
Schedule of Components of Net Periodic Benefit Cost
The components of net periodic benefit cost were as follows:  
Pension BenefitsOther Benefits
For the years ended December 31,202420232022202420232022
Amounts recognized in net periodic benefit cost
Service cost$15,323 $14,991 $17,500 $131 $221 $302 
Interest cost38,675 41,205 30,491 4,852 7,171 4,603 
Expected return on plan assets(51,193)(48,978)(47,637)— — — 
Amortization of prior service credit(5,493)(5,658)(5,651)(151)(50)— 
Amortization of net (gain) loss 15,248 19,846 16,060 557 (966)(92)
Curtailment credit— — — — (740)— 
Settlement loss14,894 15,254 20,692 — 926 — 
Total net periodic benefit cost$27,454 $36,660 $31,455 $5,389 $6,562 $4,813 
Change in plan assets and benefit obligations recognized in AOCI, pre-tax
Actuarial net (gain) loss$(15,513)$(32,720)$22,609 $4,609 $38,698 $(26,212)
Prior service cost (credit)5,436 5,670 5,601 (963)(736)— 
Total recognized in other comprehensive (income) loss, pre-tax
$(10,077)$(27,050)$28,210 $3,646 $37,962 $(26,212)
Net amounts recognized in periodic benefit cost and AOCI$17,377 $9,610 $59,665 $9,035 $44,524 $(21,399)
Schedule of Weighted-Average Assumptions Used in Computing the Benefit Obligation
The weighted-average assumptions used in computing the year end benefit obligations were as follows:
Pension Benefits Other Benefits
December 31,2024202320242023
Discount rate
5.5 %5.1 %5.7 %5.2 %
Rate of increase in compensation levels
3.6 %3.6 %4.0 %4.0 %
Interest crediting rate
4.6 %4.8 %N/AN/A
The weighted-average assumptions used in computing net periodic benefit cost were as follows:  
Pension BenefitsOther Benefits
For the years ended December 31,202420232022202420232022
Discount rate
5.1 %5.5 %2.7 %5.2 %5.5 %2.9 %
Expected long-term return on plan assets6.6 %6.2 %4.9 %N/AN/AN/A
Rate of compensation increase
3.6 %3.4 %3.5 %N/AN/AN/A
Schedule of Allocation of Plan Assets Our target asset allocation for our major domestic pension plans as of December 31, 2024 was as follows:
Asset ClassTarget Asset Allocation 
Cash
1%
Equity securities
27%
Fixed income securities
48%
Alternative investments, including real estate, listed infrastructure and other
24%
The following table sets forth by level, within the fair value hierarchy (as defined in Note 6), pension plan assets at their fair values as of December 31, 2024:
Quoted prices in active
markets of identical assets
(Level 1)		Significant other observable inputs
(Level 2)		Significant other unobservable inputs
(Level 3)		Investments Using NAV as a Practical Expedient
(1)
Total
Cash and cash equivalents$981 $32,404 $— $598 $33,983 
Equity securities:
International all-cap— — — 483 483 
Global all-cap (a)— — — 204,421 204,421 
Fixed income securities:
U.S. government/agency— — — 156,146 156,146 
Corporate bonds (b)— — — 59,602 59,602 
International government/corporate bonds (c)— — — 27,303 27,303 
Diversified credit (d)— — — 120,259 120,259 
Alternative investments:
Global diversified assets (e)— — — 63,497 63,497 
Real assets fund (f)— — — 114,283 114,283 
Total pension plan assets$981 $32,404 $— $746,592 $779,977 
The following table sets forth by level, within the fair value hierarchy, pension plan assets at their fair values as of December 31, 2023:
Quoted prices in active
markets of identical assets
(Level 1)		Significant other observable inputs
(Level 2)		Significant other unobservable inputs
(Level 3)		Investments Using NAV as a Practical Expedient
(1)		Total
Cash and cash equivalents
$909 $42,202 $— $600 $43,711 
Equity securities:
International all-cap— — — 395 395 
Global all-cap (a)— — — 209,245 209,245 
Fixed income securities:
U.S. government/agency— — — 186,095 186,095 
Corporate bonds (b)
— — — 60,293 60,293 
International government/corporate bonds (c)— — — 29,254 29,254 
Diversified credit (d)— — — 123,081 123,081 
Alternative investments:
Global diversified assets (e)
— — — 68,856 68,856 
Real assets fund (f)— — — 115,913 115,913 
Total pension plan assets
$909 $42,202 $— $793,732 $836,843 

(1)Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy but are included to reconcile to the amounts presented in our Obligations and Funded Status table.
(a)This category comprises equity funds that primarily track the MSCI World Index or MSCI All Country World Index.
(b)This category comprises fixed income funds primarily invested in investment grade and high yield bonds.
(c)This category comprises fixed income funds primarily invested in Canadian and other international bonds.
(d)This category comprises fixed income funds primarily invested in high yield bonds, loans, securitized debt and emerging market debt.
(e)This category comprises diversified funds invested across alternative asset classes.
(f)
This category comprises funds primarily invested in publicly traded real estate securities, publicly listed infrastructure securities and real estate debt.
Schedule of Expected Benefit Payments
Total benefit payments expected to be paid to plan participants, including pension benefits funded from the plans and other benefits funded from Company assets, are as follows:
Expected Benefit Payments
202520262027202820292030-2034
Pension Benefits
$119,232 $80,359 $103,062 $72,257 $70,008 $291,879 
Other Benefits
8,957 8,372 7,918 7,569 7,303 32,483