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Accumulated Other Comprehensive (Loss) Income
12 Months Ended
Dec. 31, 2022
Equity [Abstract]  
Accumulated Other Comprehensive (Loss) Income Accumulated Other Comprehensive (Loss) Income
Changes in the components of accumulated other comprehensive (loss) income, including amounts reclassified out, for 2022, 2021, and 2020, and the balances in accumulated other comprehensive (loss) income as of December 31, 2022, 2021, and 2020 are as follows:
Gains and Losses
On Cash Flow Hedges
Pension and Post- Employment BenefitsForeign Currency Translation
(Thousands)Foreign CurrencyInterest RatePrecious MetalsCopper TotalTotal
Balance at December 31, 2019$1,324 $— $(452)$25 $897 $(41,346)$(5,013)$(45,462)
Other comprehensive income (loss) before reclassifications(1,268)— (1,675)218 $(2,725)(2,721)9,030 3,584 
Amounts reclassified from accumulated other comprehensive income222 — 2,041 354 2,617 (57)— 2,560 
Other comprehensive income (loss) before tax(1,046)— 366 572 (108)(2,778)9,030 6,144 
Deferred taxes on current period activity(241)— 84 129 (28)(651)— (679)
Other comprehensive income (loss) after tax(805)— 282 443 (80)(2,127)9,030 6,823 
Balance at December 31, 2020$519 $— $(170)$468 $817 $(43,473)$4,017 $(38,639)
Balance at December 31, 2020$519 $— $(170)$468 $817 $(43,473)$4,017 $(38,639)
Other comprehensive income (loss) before reclassifications2,252 — 508 2,444 5,204 4,428 (6,904)2,728 
Amounts reclassified from accumulated other comprehensive income123 — (193)(3,049)(3,119)437 — (2,682)
Other comprehensive income (loss) before tax2,375 — 315 (605)2,085 4,865 (6,904)46 
Deferred taxes on current period activity546 — 73 (137)482 1,094 — 1,576 
Other comprehensive income (loss) after tax1,829 — 242 (468)1,603 3,771 (6,904)(1,530)
Balance at December 31, 2021$2,348 $— $72 $— $2,420 $(39,702)$(2,887)$(40,169)
Balance at December 31, 2021$2,348 $— $72 $— $2,420 $(39,702)$(2,887)$(40,169)
Other comprehensive income (loss) before reclassifications(1,260)8,113 (259)— 6,594 (394)(5,869)331 
Amounts reclassified from accumulated other comprehensive income(176)(250)(126)— (552)386 — (166)
Other comprehensive income (loss) before tax(1,436)7,863 (385)— 6,042 (8)(5,869)165 
Deferred taxes on current period activity(331)1,808 (90)— 1,387 518 — 1,905 
Other comprehensive income (loss) after tax(1,105)6,055 (295)— 4,655 (526)(5,869)(1,740)
Balance at December 31, 2022$1,243 $6,055 $(223)$— $7,075 $(40,228)$(8,756)$(41,909)
Reclassifications of gains and losses on foreign currency cash flow hedges from accumulated other comprehensive income are recorded in Net sales in the Consolidated Statements of Income while gains and losses on precious metal cash flow hedges are recorded in Cost of sales in the Consolidated Statements of Income. Refer to Note R for additional details on cash flow hedges.
Reclassifications from accumulated other comprehensive income for pension and post-employment benefits are included in the computation of the net periodic pension and post-employment benefit expense. Refer to Note O for additional details on pension and other post-employment expenses.