XML 43 R34.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Fair Value Measurements (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2024
Fair Value Disclosures [Abstract] |
Schedule of Assets and Liabilities Measured on Recurring Basis | The following table sets forth information regarding the Company’s financial assets and financial liabilities, excluding retirement and postretirement plan assets, measured at fair value on a recurring basis:
Description |  | March 31, 2024 |  | Assets measured at NAV | Level 1 |  | Level 2 |  | Level 3
Hedge derivatives, net: |  |  |  |  |  |  |  |  |
Commodity contracts |  | $ | (66) |  |  | $ | — |  | $ | — |  |  | $ | (66) |  |  | $ | — |
Foreign exchange contracts |  | $ | 1,697 |  |  | $ | — |  | $ | — |  |  | $ | 1,697 |  |  | $ | — |
Net investment hedge |  | $ | 4,850 |  |  | $ | — |  | $ | — |  |  | $ | 4,850 |  |  | $ | — |
Non-hedge derivatives, net: |  |  |  |  |  |  |  |  |
Commodity contracts |  | $ | (6,489) |  |  | $ | — |  | $ | — |  |  | $ | (6,489) |  |  | $ | — |
Foreign exchange contracts |  | $ | (201) |  |  | $ | — |  | $ | — |  |  | $ | (201) |  |  | $ | — |
Description |  | December 31, 2023 |  | Assets measured at NAV | Level 1 |  | Level 2 |  | Level 3
Hedge derivatives, net: |  |  |  |  |  |  |  |  |
Commodity contracts |  | $ | (41) |  |  | $ | — |  | $ | — |  |  | $ | (41) |  |  | $ | — |
Foreign exchange contracts |  | $ | 1,502 |  |  | $ | — |  | $ | — |  |  | $ | 1,502 |  |  | $ | — |
Net investment hedge |  | $ | (5,073) |  |  | $ | — |  | $ | — |  |  | $ | (5,073) |  |  | $ | — |
Non-hedge derivatives, net: |  |  |  |  |  |  |  |  |
Commodity contracts |  | $ | (6,770) |  |  | $ | — |  | $ | — |  |  | $ | (6,770) |  |  | $ | — |
Foreign exchange contracts |  | $ | (29) |  |  | $ | — |  | $ | — |  |  | $ | (29) |  |  | $ | — |

X
- Definition Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2C -SubTopic 10 -Topic 820 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2C Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-3 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 + Details
Name: | us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration