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Pensions and Other Postretirement Benefits (Tables)
12 Months Ended
Dec. 31, 2022
Defined Benefit Plan Disclosure [Line Items]  
Retirement Plan amounts recorded on consolidated balance sheets
The following table summarizes amounts recorded on the accompanying consolidated balance sheets associated with these various retirement benefit plans:

   
December 31,
 
   
2022
   
2021
 
 
           
Included in "Other assets":
           
Non-U.S. pension plans
 
$
4,715
   
$
3,145
 
Total included in other assets
 
$
4,715
   
$
3,145
 
Included in "Payroll and related expenses":
               
U.S. pension plans
 
$
(6,378
)
 
$
(35
)
Non-U.S. pension plans
   
(6,827
)
   
(7,602
)
U.S. other postretirement plans
   
(497
)
   
(975
)
Non-U.S. other postretirement plans
   
(666
)
   
(696
)
Total included in payroll and related expenses
 
$
(14,368
)
 
$
(9,308
)
Accrued pension and other postretirement costs:
               
U.S. pension plans
 
$
(30,843
)
 
$
(45,578
)
Non-U.S. pension plans
   
(135,809
)
   
(197,796
)
U.S. other postretirement plans
   
(3,831
)
   
(6,636
)
Non-U.S. other postretirement plans
   
(6,049
)
   
(7,086
)
Other retirement obligations
   
(10,560
)
   
(14,576
)
Total accrued pension and other postretirement costs
 
$
(187,092
)
 
$
(271,672
)
Accumulated other comprehensive loss:
               
U.S. pension plans
 
$
69
   
$
9,403
 
Non-U.S. pension plans
   
16,392
     
72,437
 
U.S. other postretirement plans
   
(2,031
)
   
837
 
Non-U.S. other postretirement plans
   
743
     
1,706
 
Total accumulated other comprehensive loss*
 
$
15,173
   
$
84,383
 
* - Amounts included in accumulated other comprehensive loss are presented in this table pre-tax
Defined Benefit Pension Plans [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Reconciliation of benefit obligation, plan assets, and funded status
The following table sets forth a reconciliation of the benefit obligation, plan assets, and funded status related to U.S. and non-U.S. pension plans:

   
December 31, 2022
   
December 31, 2021
 
 
 
U.S.
Plans
   
Non-U.S.
Plans
   
U.S.
Plans
   
Non-U.S.
Plans
 
                         
Change in benefit obligation:
                       
Benefit obligation at beginning of year
 
$
45,613
   
$
278,173
   
$
45,564
   
$
307,809
 
Service cost
   
-
     
4,199
     
-
     
4,693
 
Interest cost
   
1,122
     
3,200
     
1,016
     
2,968
 
Plan amendments
   
-
     
79
     
-
     
490
 
Actuarial (gains) losses
   
(7,668
)
   
(45,102
)
   
870
     
(7,816
)
Benefits paid
   
(1,846
)
   
(16,777
)
   
(1,837
)
   
(14,773
)
Curtailments and settlements
   
-
     
-
     
-
     
(34
)
Currency translation
   
-
     
(20,231
)
   
-
     
(15,164
)
Benefit obligation at end of year
 
$
37,221
   
$
203,541
   
$
45,613
   
$
278,173
 
                                 
Change in plan assets:
                               
Fair value of plan assets at beginning of year
 
$
-
   
$
75,920
   
$
-
     
74,334
 
Actual return on plan assets
   
-
     
790
     
-
     
2,792
 
Company contributions
   
1,846
     
13,212
     
1,837
     
13,095
 
Benefits paid
   
(1,846
)
   
(16,777
)
   
(1,837
)
   
(14,773
)
Currency translation
   
-
     
(7,525
)
   
-
     
472
 
Fair value of plan assets at end of year
 
$
-
   
$
65,620
   
$
-
   
$
75,920
 
                                 
Funded status at end of year
 
$
(37,221
)
 
$
(137,921
)
 
$
(45,613
)
 
$
(202,253
)
Amounts recognized in consolidated balance sheet
Amounts recognized in the accompanying consolidated balance sheets consist of the following:

   
December 31, 2022
   
December 31, 2021
 
   
U.S.
Plans
   
Non-U.S.
Plans
   
U.S.
Plans
   
Non-U.S.
Plans
 
                         
Other assets
 
$
-
   
$
4,715
   
$
-
   
$
3,145
 
Accrued benefit liability - current
   
(6,378
)
   
(6,827
)
   
(35
)
   
(7,602
)
Accrued benefit liability - non-current
   
(30,843
)
   
(135,809
)
   
(45,578
)
   
(197,796
)
Accumulated other comprehensive loss
   
69
     
16,392
     
9,403
     
72,437
 
 
 
$
(37,152
)
 
$
(121,529
)
 
$
(36,210
)
 
$
(129,816
)
Components of actuarial items
Actuarial items consist of the following:

 
December 31, 2022
 
December 31, 2021
 
 
U.S.
Plans
 
Non-U.S.
Plans
 
U.S.
Plans
 
Non-U.S.
Plans
 
                 
Unrecognized net actuarial (gain) loss
 
$
(140
)
 
$
15,628
   
$
9,050
   
$
71,632
 
Unamortized prior service cost
   
209
     
764
     
353
     
805
 
 
 
$
69
   
$
16,392
   
$
9,403
   
$
72,437
 
Projected and accumulated benefit obligations
The following table sets forth additional information regarding the projected and accumulated benefit obligations:

   
December 31, 2022
   
December 31, 2021
 
   
U.S.
Plans
   
Non-U.S.
Plans
   
U.S.
Plans
   
Non-U.S.
Plans
 
                         
Accumulated benefit obligation, all plans
 
$
37,221
   
$
176,056
   
$
45,613
   
$
259,087
 
                                 
Plans for which the accumulated benefit obligation exceeds plan assets:
                               
Projected benefit obligation
 
$
37,221
   
$
181,207
   
$
45,613
   
$
247,796
 
Accumulated benefit obligation
   
37,221
     
159,433
     
45,613
     
235,764
 
Fair value of plan assets
   
-
     
38,854
     
-
     
44,604
 
Components of the net periodic benefit costs
The following table sets forth the components of net periodic pension cost:

   
Years ended December 31,
 
 
 
2022
   
2021
   
2020
 
 
 
U.S.
Plans
   
Non-U.S.
Plans
   
U.S.
Plans
   
Non-U.S.
Plans
   
U.S.
Plans
   
Non-U.S.
Plans
 
                                     
Service cost
 
$
-
   
$
4,199
   
$
-
   
$
4,693
   
$
-
   
$
4,382
 
Interest cost
   
1,122
     
3,200
     
1,016
     
2,968
     
1,366
     
3,783
 
Expected return on plan assets
   
-
     
(1,725
)
   
-
     
(1,660
)
   
-
     
(2,004
)
Amortization of actuarial losses
   
1,523
     
4,760
     
2,032
     
7,444
     
1,609
     
6,554
 
Amortization of prior service cost
   
144
     
216
     
144
     
189
     
144
     
378
 
Curtailment and settlement losses
   
-
     
1,190
     
-
     
632
     
-
     
1,148
 
Net periodic pension cost
 
$
2,789
   
$
11,840
   
$
3,192
   
$
14,266
   
$
3,119
   
$
14,241
 
Weighted average assumptions used
The following weighted average assumptions were used to determine benefit obligations at December 31 of the respective years:

 
2022
   
2021
 
   
U.S.
Plans
   
Non-U.S.
Plans
   
U.S.
Plans
   
Non-U.S.
Plans
 
Discount rate
   
5.50
%
   
3.57
%
   
2.50
%
   
1.19
%
Rate of compensation increase
   
0.00
%
   
2.60
%
   
0.00
%
   
2.07
%

The following weighted average assumptions were used to determine the net periodic pension costs:

 
Years ended December 31,
 
 
 
2022
   
2021
 
 
 
 
U.S.
Plans
   
Non-U.S.
Plans
   
U.S.
Plans
   
Non-U.S.
Plans
 
Discount rate
   
2.50
%
   
1.19
%
   
2.25
%
   
1.02
%
Rate of compensation increase
   
0.00
%
   
2.07
%
   
0.00
%
   
2.02
%
Expected return on plan assets
   
0.00
%
   
2.96
%
   
0.00
%
   
2.37
%
Estimated future benefit payments
Estimated future benefit payments are as follows:

   
U.S.
Plans
   
Non-U.S.
Plans
 
             
2023
 
$
8,365
   
$
15,741
 
2024
   
3,295
     
14,669
 
2025
   
3,247
     
15,553
 
2026
   
8,552
     
17,068
 
2027
   
3,277
     
15,004
 
2028-2032
   
9,742
     
70,832
 
Other Postretirement Benefits [Member]  
Defined Benefit Plan Disclosure [Line Items]  
Reconciliation of benefit obligation, plan assets, and funded status
The following table sets forth a reconciliation of the benefit obligation, plan assets, and accrued benefit cost related to U.S. and non-U.S. non-pension defined benefit postretirement plans:

   
December 31, 2022
   
December 31, 2021
 
   
U.S.
Plans
   
Non-U.S.
Plans
   
U.S.
Plans
   
Non-U.S.
Plans
 
                         
Change in benefit obligation:
                       
Benefit obligation at beginning of year
 
$
7,611
   
$
7,782
   
$
7,723
   
$
8,510
 
Service cost
   
39
     
237
     
102
     
278
 
Interest cost
   
178
     
55
     
163
     
42
 
Actuarial (gains) losses
   
(2,525
)
   
(749
)
   
545
     
(77
)
Benefits paid
   
(975
)
   
(147
)
   
(922
)
   
(319
)
Currency translation
   
-
     
(463
)
   
-
     
(652
)
Benefit obligation at end of year
 
$
4,328
   
$
6,715
   
$
7,611
   
$
7,782
 
                                 
Fair value of plan assets at end of year
 
$
-
   
$
-
   
$
-
   
$
-
 
                                 
Funded status at end of year
 
$
(4,328
)
 
$
(6,715
)
 
$
(7,611
)
 
$
(7,782
)
Amounts recognized in consolidated balance sheet
Amounts recognized in the accompanying consolidated balance sheets consist of the following:

 
December 31, 2022
 
December 31, 2021
 
 
U.S.
Plans
 
Non-U.S.
Plans
 
U.S.
Plans
 
Non-U.S.
Plans
 
                 
Accrued benefit liability - current
 
$
(497
)
 
$
(666
)
 
$
(975
)
 
$
(696
)
Accrued benefit liability - non-current
   
(3,831
)
   
(6,049
)
   
(6,636
)
   
(7,086
)
Accumulated other comprehensive (income) loss
   
(2,031
)
   
743
     
837
     
1,706
 
 
 
$
(6,359
)
 
$
(5,972
)
 
$
(6,774
)
 
$
(6,076
)
Components of actuarial items
Actuarial items consist of the following:

 
December 31, 2022
 
December 31, 2021
 
 
U.S.
Plans
 
Non-U.S.
Plans
 
U.S.
Plans
 
Non-U.S.
Plans
 
                         
Unrecognized net actuarial loss (gain)
 
$
(2,031)
   
$
743
   
$
837
   
$
1,706
 
 
 
$
(2,031)
   
$
743
   
$
837
   
$
1,706
 
Components of the net periodic benefit costs
The following table sets forth the components of net periodic benefit cost:

   
Years ended December 31,
 
 
 
2022
   
2021
   
2020
 
   
U.S.
Plans
   
Non-U.S.
Plans
   
U.S.
Plans
   
Non-U.S.
Plans
   
U.S.
Plans
   
Non-U.S.
Plans
 
                                     
Service cost
 
$
39
   
$
237
   
$
102
   
$
278
   
$
112
   
$
284
 
Interest cost
   
178
     
55
     
163
     
42
     
236
     
64
 
Amortization of actuarial (gains) losses
   
342
     
85
     
53
     
116
     
26
   
132
 
Curtailment and settlement losses
   
-
     
-
     
-
     
67
     
-
     
177
 
Net periodic benefit cost (benefit)
 
$
559
   
$
377
   
$
318
   
$
503
   
$
374
   
$
657
 
Weighted average assumptions used
The following weighted average assumptions were used to determine benefit obligations at December 31 of the respective years:

 
2022
   
2021
 
 
 
 
U.S.
Plans
   
Non-U.S.
Plans
   
U.S.
Plans
   
Non-U.S.
Plans
 
                         
Discount rate
   
5.50
%
   
3.86
%
   
2.50
%
   
0.80
%
Rate of compensation increase
   
0.00
%
   
4.19
%
   
0.00
%
   
2.88
%

The following weighted average assumptions were used to determine the net periodic benefit costs:

 
 
Years ended December 31,
 
 
 
2022
   
2021
 
 
 
 
U.S.
Plans
   
Non-U.S.
Plans
   
U.S.
Plans
   
Non-U.S.
Plans
 
                         
Discount rate
   
2.50
%
   
0.80
%
   
2.25
%
   
0.54
%
Rate of compensation increase
   
0.00
%
   
2.88
%
   
0.00
%
   
2.87
%
Estimated future benefit payments
Estimated future benefit payments are as follows:

   
U.S.
Plans
   
Non-U.S.
Plans
 
             
2023
 
$
497
   
$
666
 
2024
   
491
     
246
 
2025
   
475
     
517
 
2026
   
480
     
185
 
2027
   
427
     
1,278
 
2028-2032
   
1,671
     
3,607