XML 80 R68.htm IDEA: XBRL DOCUMENT
v3.25.3

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Equity [Abstract] |
Schedule of Accumulated Other Comprehensive Income | The following table summarizes the changes in AOCI by component for the years ended December 31, 2024 and 2023. All amounts are presented net of tax and exclude portions attributable to noncontrolling interests.
| Foreign currency translation losses |  | Net investment hedges of New Zealand subsidiary |  | Cash flow hedges |  | Employee benefit plans |  | Total Rayonier, L.P. |  | Allocation of Operating Partnership |  | Total Rayonier Inc.
Balance as of December 31, 2022 | ($18,067) |  |  | $1,321 |  |  | $67,204 |  |  | ($10,209) |  |  | $40,249 |  |  | ($4,436) |  |  | $35,813 |
Other comprehensive (loss) income before reclassifications | (1,466) |  |  | — |  |  | 10,537 |  | (a) | (1,449) |  |  | 7,622 |  |  | (75) |  |  | 7,547 |
Amounts reclassified from accumulated other comprehensive income | — |  |  | — |  |  | (21,895) |  |  | 2,042 |  | (b) | (19,853) |  |  | 1,144 |  |  | (18,709) |
Net other comprehensive (loss) income | (1,466) |  |  | — |  |  | (11,358) |  |  | 593 |  |  | (12,231) |  |  | 1,069 |  |  | (11,162) |
Balance as of December 31, 2023 | ($19,533) |  |  | $1,321 |  |  | $55,846 |  |  | ($9,616) |  |  | $28,018 |  |  | ($3,367) |  |  | $24,651 |
Other comprehensive (loss) income before reclassifications | (31,616) |  |  | — |  |  | 13,713 |  | (a) | 5,251 |  |  | (12,652) |  |  | 163 |  |  | (12,489) |
Amounts reclassified from accumulated other comprehensive (loss) income | — |  |  | — |  |  | (27,826) |  |  | 4,595 |  | (b) | (23,231) |  |  | 640 |  |  | (22,591) |
Net other comprehensive (loss) income | (31,616) |  |  | — |  |  | (14,113) |  |  | 9,846 |  |  | (35,883) |  |  | 803 |  |  | (35,080) |
Balance as of December 31, 2024 | ($51,149) |  |  | $1,321 |  |  | $41,733 |  |  | $230 |  |  | ($7,865) |  |  | ($2,564) |  |  | ($10,429) |
(a)The years ended December 31, 2024 and December 31, 2023 include $21.8 million and $10.3 million, respectively, of other comprehensive income related to interest rate products. See Note 9 — Derivative Financial Instruments and Hedging Activities for additional information. (b)This component of other comprehensive (loss) income is included in the computation of net periodic pension and post-retirement costs. The year ended December 31, 2024 includes a pension settlement charge of $4.6 million, net of tax of $1.2 million. The year ended December 31, 2023 includes a $2.0 million pension settlement charge. See Note 19 — Employee Benefit Plans for additional information.
Schedule of Reclassification out of Accumulated Other Comprehensive Income | The following table presents details of the amounts reclassified in their entirety from AOCI to net income for the years ended December 31, 2024 and 2023:
Details about accumulated other comprehensive (loss) income components |  | Amount reclassified from accumulated other comprehensive (loss) income |  | Affected line item in the Income Statement
| 2024 |  | 2023 |
Realized loss on foreign currency exchange contracts |  | $1,104 |  |  | $7,522 |  |  | Income from operations of discontinued operations, net of tax
Realized (gain) loss on foreign currency option contracts |  | (58) |  |  | 446 |  |  | Income from operations of discontinued operations, net of tax
Noncontrolling interests |  | (241) |  |  | (1,833) |  |  | Comprehensive income attributable to noncontrolling interests
Realized gain on interest rate contracts |  | (28,406) |  |  | (26,311) |  |  | Interest expense, net
Income tax effect from net loss on foreign currency contracts |  | (225) |  |  | (1,719) |  |  | Income from operations of discontinued operations, net of tax
Net gain on cash flow hedges reclassified from accumulated other comprehensive (loss) income |  | ($27,826) |  |  | ($21,895) |  |  |

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

X
- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482790/220-10-45-14A Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481674/830-30-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481694/830-30-45-20 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration