| Schedule of Changes in Accumulated Other Comprehensive Loss |
The following tables provide information regarding the changes in AOCL during 2025 and 2024: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2025 | | Losses Related to Foreign Currency Translation | | Unrealized Losses on Derivative Financial Instruments Classified as Cash Flow Hedges | | Losses Related to Pension and Other Postretirement Benefits | | Losses on Available-for-Sale Securities | | Total | | (In thousands) | | Balance, beginning of year | $ | (337,243) | | | $ | (2,007) | | | $ | (31,028) | | | $ | (22) | | | $ | (370,300) | | | Other comprehensive income (loss) before reclassifications | 324,025 | | | (2,318) | | | (185) | | | (113) | | | 321,409 | | | Amounts reclassified from accumulated other comprehensive loss to net income | — | | | 2,814 | | | (1,275) | | | 118 | | | 1,657 | | | Currency translation | — | | | 36 | | | 176 | | | — | | | 212 | | | Net current year other comprehensive income (loss) | 324,025 | | | 532 | | | (1,284) | | | 5 | | | 323,278 | | | Balance, end of year | $ | (13,218) | | | $ | (1,475) | | | $ | (32,312) | | | $ | (17) | | | $ | (47,022) | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2024 | | Losses Related to Foreign Currency Translation | | Unrealized Losses on Derivative Financial Instruments Classified as Cash Flow Hedges | | Losses Related to Pension and Other Postretirement Benefits | | Losses on Available-for-Sale Securities | | Total | | (In thousands) | | Balance, beginning of year | $ | (114,850) | | | $ | (1,914) | | | $ | (59,714) | | | $ | (5) | | | $ | (176,483) | | | Other comprehensive income (loss) before reclassifications | (222,393) | | | 1,767 | | | 12,062 | | | 45 | | | (208,519) | | | Amounts reclassified from accumulated other comprehensive loss to net income | — | | | (1,849) | | | 17,000 | | | (62) | | | 15,089 | | | Currency translation | — | | | (11) | | | (376) | | | — | | | (387) | | | Net current year other comprehensive income (loss) | (222,393) | | | (93) | | | 28,686 | | | (17) | | | (193,817) | | | Balance, end of year | $ | (337,243) | | | $ | (2,007) | | | $ | (31,028) | | | $ | (22) | | | $ | (370,300) | |
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| Schedule of Reclassification from Accumulated Other Comprehensive Loss |
| | | | | | | | | | | | | | | | | | | | | | Details about Accumulated Other Comprehensive Loss Components | | Amount Reclassified from Accumulated Other Comprehensive Loss(a) | | Affected Line Item in the Consolidated Statements of Income | | 2025 | | 2024 | | | | (In thousands) | | | | Realized gain (loss) on settlement of foreign currency derivatives classified as cash flow hedges | | $ | (2,836) | | | $ | 1,367 | | | Net sales | | Realized gain on settlement of foreign currency derivatives classified as cash flow hedge | | 22 | | | 482 | | | Cost of sales | | | | | | | | | Realized gain (loss) on sale of securities | | (156) | | | 82 | | | Interest income | Realized gain (loss) on settlement of pension obligation from plan termination(b) | | 1,611 | | | (21,714) | | | Miscellaneous, net | Amortization of pension and other postretirement plan actuarial losses(b) | | 79 | | | (816) | | | Miscellaneous, net | | Total before tax | | (1,280) | | | (20,599) | | | | | Tax benefit (expense) | | (377) | | | 5,510 | | | | | Total reclassification for the period | | $ | (1,657) | | | $ | (15,089) | | | |
(a)Positive amounts represent income to the results of operations while amounts in parentheses represent expenses to the results of operations. (b)These accumulated other comprehensive loss components are included in the computation of net periodic pension cost. See “Note 15. Pension and Other Postretirement Benefits.” |