v3.25.4
Accumulated Other Comprehensive Loss (Tables)
 12 Months Ended
Dec. 31, 2025
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Loss
Changes in Accumulated other comprehensive loss for the years ended December 31, were as follows (in thousands):
2025
Foreign currency translation adjustmentsDerivative financial instruments
Available for sale securities
Pension and postretirement benefit plansTotal
Balance, beginning of period$(91,102)$7,542 $— $(249,146)$(332,706)
Other comprehensive income, before reclassifications
68,227 117,994 294 48,321 234,836 
Income tax expense
(3,119)(27,922)(51)(11,911)(43,003)
65,108 90,072 243 36,410 191,833 
Reclassifications:
Net gains on derivative financial instruments
— (148,388)— — (148,388)
Net gains on available for sale securities
— — (67)— (67)
Prior service credits(a)
— — — 2,115 2,115 
Actuarial gains(a)
— — — (6,172)(6,172)
Settlement gains(a)
— — (145)(145)
Reclassifications before tax— (148,388)(67)(4,202)(152,657)
Income tax benefit
— 35,357 — 1,036 36,393 
— (113,031)(67)(3,166)(116,264)
Other comprehensive income (loss)
65,108 (22,959)176 33,244 75,569 
Balance, end of period$(25,994)$(15,417)$176 $(215,902)$(257,137)
2024
Foreign currency translation adjustmentsDerivative financial instrumentsAvailable for sale securitiesPension and postretirement benefit plansTotal
Balance, beginning of period$(68,739)$(6,601)$— $(229,622)$(304,962)
Other comprehensive loss, before reclassifications
(26,257)(11,084)— (21,212)(58,553)
Income tax benefit
3,894 2,816 — 4,981 11,691 
(22,363)(8,268)— (16,231)(46,862)
Reclassifications:
Net losses on derivative financial instruments
— 29,448 — — 29,448 
Prior service credits(a)
— — — 1,346 1,346 
Actuarial gains(a)
— — — (5,649)(5,649)
Reclassifications before tax— 29,448 — (4,303)25,145 
Income tax (expense) benefit
— (7,037)— 1,010 (6,027)
— 22,411 — (3,293)19,118 
Other comprehensive (loss) income
(22,363)14,143 — (19,524)(27,744)
Balance, end of period$(91,102)$7,542 $— $(249,146)$(332,706)
2023
Foreign currency translation adjustmentsDerivative financial instrumentsAvailable for sale securitiesPension and postretirement benefit plansTotal
Balance, beginning of period$(80,271)$(10,440)$— $(251,218)$(341,929)
Other comprehensive income, before reclassifications
11,845 48,583 — 34,005 94,433 
Income tax expense
(313)(11,322)— (7,984)(19,619)
11,532 37,261 — 26,021 74,814 
Reclassifications:
Net gains on derivative financial instruments
— (43,678)— — (43,678)
Prior service credits(a)
— — — 86 86 
Actuarial gains(a)
— — — (5,110)(5,110)
Settlement gains(a)
— — — (759)(759)
Reclassifications before tax— (43,678)— (5,783)(49,461)
Income tax benefit
— 10,256 — 1,358 11,614 
— (33,422)— (4,425)(37,847)
Other comprehensive income
11,532 3,839 — 21,596 36,967 
Balance, end of period$(68,739)$(6,601)$— $(229,622)$(304,962)
(a)Amounts reclassified are included in the computation of net periodic benefit cost, discussed further in Note 14.