v3.24.2.u1
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 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:
DescriptionJune 30, 2024Assets measured
at NAV
Level 1Level 2Level 3
Hedge derivatives, net:
Commodity contracts$(4)$— $— $(4)$— 
Foreign exchange contracts(859)— — (859)— 
Net investment hedge(301)— — (301)— 
Non-hedge derivatives, net:
Commodity contracts(3,039)— — (3,039)— 
Foreign exchange contracts(290)— — (290)— 
DescriptionDecember 31, 2023Assets measured
at NAV
Level 1Level 2Level 3
Hedge derivatives, net:
Commodity contracts$(41)$— $— $(41)$— 
Foreign exchange contracts1,502 — — 1,502 — 
Net investment hedge(5,073)— — (5,073)— 
Non-hedge derivatives, net:
Commodity contracts(6,770)— — (6,770)— 
Foreign exchange contracts(29)— — (29)—