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Accumulated Other Comprehensive Income | 9 Months Ended
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Sep. 30, 2024
Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Comprehensive Income (Loss) Note [Text Block] | ACCUMULATED OTHER COMPREHENSIVE INCOME Comprehensive income (loss), net of tax consisted of the following as of September 30:
| Three Months Ended |  | Nine Months Ended
| 2024 |  | 2023 |  | 2024 |  | 2023
Net earnings | $ | 211,516 |  |  | $ | 201,631 |  |  | $ | 610,839 |  |  | $ | 603,984 |
Other comprehensive income (loss), net of tax | (17,415) |  |  | 4,063 |  |  | (7,967) |  |  | (35,920) |
Comprehensive income, net of tax | $ | 194,101 |  |  | $ | 205,694 |  |  | $ | 602,872 |  |  | $ | 568,064 |
The following table presents changes in accumulated other comprehensive income by component for the nine months ended September 30, 2024 and 2023:
| Currency Translation Adjustment, Net of Tax |  | Net Unrealized Gain (Loss) on Cash Flow Hedging Arrangements, Net of Tax |  | Pension and Post-Retirement Benefit Related Items, Net of Tax |  | Total
Balance at December 31, 2023 | $ | (117,230) |  |  | $ | 120 |  |  | $ | (202,705) |  |  | $ | (319,815) |
Other comprehensive income (loss), net of tax: |  |  |  |  |  |  |
Unrealized gains (losses) on cash flow hedging arrangements | — |  |  | 4,448 |  |  | — |  |  | 4,448 |
Foreign currency translation adjustment | (12,677) |  |  | — |  |  | 1,677 |  |  | (11,000) |
Amounts recognized from accumulated other comprehensive income (loss), net of tax | — |  |  | (8,767) |  |  | 7,352 |  |  | (1,415) |
Net change in other comprehensive income (loss), net of tax | (12,677) |  |  | (4,319) |  |  | 9,029 |  |  | (7,967) |
Balance at September 30, 2024 | $ | (129,907) |  |  | $ | (4,199) |  |  | $ | (193,676) |  |  | $ | (327,782) |
| Currency Translation Adjustment, Net of Tax |  | Net Unrealized Gain (Loss) on Cash Flow Hedging Arrangements, Net of Tax |  | Pension and Post-Retirement Benefit Related Items, Net of Tax |  | Total
Balance at December 31, 2022 | $ | (82,864) |  |  | $ | 4,256 |  |  | $ | (148,625) |  |  | $ | (227,233) |
Other comprehensive income (loss), net of tax: |  |  |  |  |  |  |
Unrealized gains (losses) on cash flow hedging arrangements | — |  |  | 2,555 |  |  | — |  |  | 2,555 |
Foreign currency translation adjustment | (36,740) |  |  | — |  |  | (991) |  |  | (37,731) |
Amounts recognized from accumulated other comprehensive income (loss), net of tax | — |  |  | (5,541) |  |  | 4,797 |  |  | (744) |
Net change in other comprehensive income (loss), net of tax | (36,740) |  |  | (2,986) |  |  | 3,806 |  |  | (35,920) |
Balance at September 30, 2023 | $ | (119,604) |  |  | $ | 1,270 |  |  | $ | (144,819) |  |  | $ | (263,153) |
The following table presents a mounts recognized from ac cumulated other comprehensive income (loss) for the three and nine month periods ended September 30:
|  | Three Months Ended |  |
|  | September 30, |  |
|  | 2024 |  | 2023 |  | Location of Amounts Recognized in Earnings
Effective portion of (gains) losses on cash flow hedging arrangements: |  |  |  |  |  |
Cross currency swap agreement |  | $ | 11,042 |  |  | $ | (7,736) |  |  | (a)
Provision for taxes |  | 2,098 |  |  | (1,470) |  |  | Provision for taxes
Total, net of taxes |  | $ | 8,944 |  |  | $ | (6,266) |  |  |
Recognition of defined benefit pension and post-retirement items: |  |  |  |  |  |
Recognition of actuarial losses and prior service cost, before taxes |  | $ | 3,125 |  |  | $ | 2,044 |  |  | (b)
Provision for taxes |  | 636 |  |  | 430 |  |  | Provision for taxes
Total, net of taxes |  | $ | 2,489 |  |  | $ | 1,614 |  |  |
(a) The cross currency swap refle cts an unrealized loss of $13.9 million for the three months ended September 30, 2024 recorded in other charges (income) that was offset by the underlying unrealized gain on the hedged debt. The cross currency swap also reflects a realized gain of $2.9 million recorded in interest expense for the three months ended September 30, 2024. (b) These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and post-retirement cost. See Note 11 for additional details for the three mont hs ended September 30, 2024 and 2023.
|  | Nine Months Ended |  |
|  | September 30, |  |
|  | 2024 |  | 2023 |  | Location of Amounts Recognized in Earnings
Effective portion of (gains) losses on cash flow hedging arrangements: |  |  |  |  |  |
Cross currency swap agreement |  | $ | (10,823) |  |  | $ | (6,841) |  |  | (a)
Provision for taxes |  | (2,056) |  |  | (1,300) |  |  | Provision for taxes
Total, net of taxes |  | $ | (8,767) |  |  | $ | (5,541) |  |  |
Recognition of defined benefit pension and post-retirement items: |  |  |  |  |  |
Recognition of actuarial losses and prior service cost, before taxes |  | $ | 9,231 |  |  | $ | 6,081 |  |  | (b)
Provision for taxes |  | 1,879 |  |  | 1,284 |  |  | Provision for taxes
Total, net of taxes |  | $ | 7,352 |  |  | $ | 4,797 |  |  |
(a) The cross currency swap refl ects an unrealized gain of $1.9 million for the nine months ended September 30, 2024 recorded in other charges (income) that was offset by the underlying unrealized loss on the hedged debt. The cross currency swap also reflects a realized gain of $9.0 million recorded in interest expense for the nine months ended September 30, 2024. (b) These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and post-retirement cost. See Note 11 for additio nal details for the nine months ended September 30, 2024 and 2023.

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- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477250/944-220-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478524/942-220-S99-1 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/220/tableOfContent + Details
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