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Other, Net (Tables)
3 Months Ended
Mar. 31, 2024
Other Income and Expenses [Abstract]  
Schedule of Other, Net
The following table presents the components of other, net for the three months ended March 31, 2024 and 2023:
 For the three months ended
 March 31, 2024March 31, 2023
Currency remeasurement gain/(loss) on net monetary assets$1,031 $(1,259)
Gain on foreign currency forward contracts680 184 
Gain on commodity forward contracts1,099 1,899 
Loss on debt financing— (485)
Loss on equity investments, net (1)
(13,287)— 
Net periodic benefit cost, excluding service cost(841)(971)
Other(226)2,024 
Other, net$(11,544)$1,392 
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(1)    Primarily includes a loss on an equity investment that does not have a readily determinable fair value for which we use the measurement alternative prescribed in Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") Topic 321, Investments—Equity Securities. Refer to Note 13: Fair Value Measures for additional information.