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Accumulated Other Comprehensive Income
6 Months Ended
Jun. 30, 2025
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 June 30:        
Three Months EndedSix Months Ended
June 30,June 30,
2025202420252024
Net earnings$202,348 $221,814 $365,935 $399,323 
Other comprehensive income (loss), net of tax(70,542)(12,293)(75,783)9,448 
Comprehensive income, net of tax$131,806 $209,521 $290,152 $408,771 

    The following table presents changes in accumulated other comprehensive income by component for the six months ended June 30, 2025 and 2024:
Currency Translation Adjustment, Net of TaxNet 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, 2024$(133,503)$(3,920)$(208,435)$(345,858)
Other comprehensive income (loss), net of tax:
Unrealized gains (losses) on cash flow hedging arrangements— (20,337)— (20,337)
Foreign currency translation adjustment
(56,366)— (23,030)(79,396)
Amounts recognized from accumulated other comprehensive income (loss), net of tax
— 17,722 6,228 23,950 
Net change in other comprehensive income (loss), net of tax
(56,366)(2,615)(16,802)(75,783)
Balance at June 30, 2025$(189,869)$(6,535)$(225,237)$(421,641)
Currency Translation Adjustment, Net of TaxNet 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— 16,195 — 16,195 
Foreign currency translation adjustment(4,469)— 10,570 6,101 
Amounts recognized from accumulated other comprehensive income (loss), net of tax— (17,711)4,863 (12,848)
Net change in other comprehensive income (loss), net of tax(4,469)(1,516)15,433 9,448 
Balance at June 30, 2024$(121,699)$(1,396)$(187,272)$(310,367)
    The following table presents amounts recognized from accumulated other comprehensive income (loss) for the three and six month periods ended June 30:
Three Months Ended
June 30,
20252024Location of Amounts Recognized in Earnings
Effective portion of (gains) losses on cash flow hedging arrangements:
Cross currency swap agreement$17,844 $(670)(a)
Provision for taxes3,390 (127)Provision for taxes
Total, net of taxes$14,454 $(543)
Recognition of defined benefit pension and post-retirement items:
Recognition of actuarial losses and prior service cost, before taxes
$4,015 $2,998 (b)
Provision for taxes792 611 Provision for taxes
Total, net of taxes$3,223 $2,387 
(a) The cross currency swap reflects an unrealized loss of $20.0 million for the three months ended June 30, 2025 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 $2.1 million recorded in interest expense for the three months ended June 30, 2025.
(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 months ended June 30, 2025 and 2024.
Six Months Ended
June 30,
20252024Location of Amounts Recognized in Earnings
Effective portion of (gains) losses on cash flow hedging arrangements:
Cross currency swap agreement
$21,879 $(21,866)(a)
Provision for taxes4,157 (4,155)Provision for taxes
Total, net of taxes$17,722 $(17,711)
Recognition of defined benefit pension and post-retirement items:
Recognition of actuarial losses and prior service cost, before taxes
$7,760 $6,106 (b)
Provision for taxes1,532 1,243 Provision for taxes
Total, net of taxes$6,228 $4,863 
(a) The cross currency swap reflects an unrealized loss of $26.2 million for the six months ended June 30, 2025 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 $4.3 million recorded in interest expense for the six months ended June 30, 2025.
(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 six months ended June 30, 2025 and 2024.