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Accumulated Other Comprehensive Income (AOCI) (Tables) | 12 Months Ended
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Dec. 31, 2022
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Schedule of Accumulated Other Comprehensive Income (Loss) | The table below presents changes in the components of AOCI from January 1, 2020 to December 31, 2022:
(in thousands) |  | Translation adjustments |  | Pension and postretirement liability adjustments |  | Derivative valuation adjustment |  | Total Other Comprehensive Income
January 1, 2020 |  | $ | (122,852) |  |  | $ | (49,994) |  |  | $ | (3,135) |  |  | $ | (175,981) |
Other comprehensive income/(loss) before reclassifications |  | 39,649 |  |  | (722) |  |  | (9,363) |  |  | 29,564 |
Pension/postretirement settlements and curtailments, net of tax |  | — |  |  | 283 |  |  | — |  |  | 283 |
Pension/postretirement plan remeasurement, net of tax |  | — |  |  | 10,390 |  |  | — |  |  | 10,390 |
Interest expense related to swaps reclassified to the Statements of Income, net of tax |  | — |  |  | — |  |  | 2,954 |  |  | 2,954 |
Pension and postretirement liability adjustments reclassified to Statements of Income, net of tax |  | — |  |  | 382 |  |  | — |  |  | 382 |
Net current period other comprehensive income |  | 39,649 |  |  | 10,333 |  |  | (6,409) |  |  | 43,573 |
December 31, 2020 |  | $ | (83,203) |  |  | $ | (39,661) |  |  | $ | (9,544) |  |  | $ | (132,408) |
Other comprehensive income/(loss) before reclassifications |  | (22,677) |  |  | 1,869 |  |  | 2,812 |  |  | (17,996) |
Pension/postretirement plan remeasurement, net of tax |  | — |  |  | (796) |  |  | — |  |  | (796) |
Interest expense related to swaps reclassified to the Statements of Income, net of tax |  | — |  |  | — |  |  | 5,118 |  |  | 5,118 |
Pension and postretirement liability adjustments reclassified to Statements of Income, net of tax |  | — |  |  | 98 |  |  | — |  |  | 98 |
Net current period other comprehensive income |  | (22,677) |  |  | 1,171 |  |  | 7,930 |  |  | (13,576) |
December 31, 2021 |  | $ | (105,880) |  |  | $ | (38,490) |  |  | $ | (1,614) |  |  | $ | (145,984) |
Other comprehensive income/(loss) before reclassifications |  | (40,971) |  |  | — |  |  | 18,971 |  |  | (22,000) |
Pension settlement expense, net of tax |  | — |  |  | 26,198 |  |  | — |  |  | 26,198 |
Pension/postretirement plan remeasurement, net of tax |  | — |  |  | (2,663) |  |  | — |  |  | (2,663) |
Interest expense related to swaps reclassified to the Statements of Income, net of tax |  | — |  |  | — |  |  | 350 |  |  | 350 |
Pension and postretirement liability adjustments reclassified to Statements of Income, net of tax |  | — |  |  | (828) |  |  | — |  |  | (828) |
Net current period other comprehensive income |  | (40,971) |  |  | 22,707 |  |  | 19,321 |  |  | 1,057 |
December 31, 2022 |  | $ | (146,851) |  |  | $ | (15,783) |  |  | $ | 17,707 |  |  | $ | (144,927) |
Schedule of Items Reclassified to Statement of Income | The table below presents the expense/(income) amounts reclassified, and the line items of the Statement of Income that were affected for the years ended December 31, 2022, 2021, and 2020.
(in thousands) |  | 2022 |  | 2021 |  | 2020
Pretax Derivative valuation reclassified from Accumulated Other Comprehensive Income: |  |  |  |  |  |
Expense related to interest rate swaps included in Income before taxes(a) |  | $ | 468 |  |  | $ | 6,852 |  |  | $ | 3,982 |
Income tax effect |  | (118) |  |  | (1,734) |  |  | (1,028) |
Effect on net income due to items reclassified from Accumulated Other Comprehensive Income |  | $ | 350 |  |  | $ | 5,118 |  |  | $2,954 |
Pretax pension and postretirement liabilities reclassified from Accumulated Other Comprehensive Income: |  |  |  |  |  |
Pension/postretirement settlements and curtailments |  | $ | 42,657 |  |  | $ | — |  |  | $ | 411 |
Amortization of prior service credit |  | (4,497) |  |  | (4,475) |  |  | (4,474) |
Amortization of net actuarial loss |  | 3,260 |  |  | 4,625 |  |  | 5,004 |
Total pretax amount reclassified(b) |  | 41,420 |  |  | 150 |  |  | 941 |
Income tax effect |  | (16,051) |  |  | (52) |  |  | (276) |
Effect on net income due to items reclassified from Accumulated Other Comprehensive Income |  | $ | 25,369 |  |  | $ | 98 |  |  | $ | 665 |
________________________ (a)Included in interest expense, net are payments related to the interest rate swap agreements and amortization of swap buyouts (see Notes 17 and 18). (b)These accumulated other comprehensive income components are included in the computation of net periodic pension cost (see Note 4).

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