ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Table)

6 Months Ended

Jun. 30, 2022

Stockholders' Equity Note [Abstract]

Schedule of Comprehensive Income (Loss)

The cumulative balance of each component of accumulated other comprehensive income (AOCI), net of tax, is as follows: 

(In thousands)	Foreign currency translation adjustments, net		Total pension and postretirement adjustments, net		Accumulated other comprehensive income (loss)
December 31, 2020	$	(88,737)	$	(222,119)	$	(310,856)
Other comprehensive income (loss) before reclassifications (1)	(10,829)		107,211		96,382
Amounts reclassified from accumulated other comprehensive income (1)	—		24,009		24,009
Net current period other comprehensive income (loss)	(10,829)		131,220		120,391
December 31, 2021	$	(99,566)	$	(90,899)	$	(190,465)
Other comprehensive income (loss) before reclassifications (1)	(47,161)		2,091		(45,070)
Amounts reclassified from accumulated other comprehensive income (1)	—		7,663		7,663
Net current period other comprehensive income (loss)	(47,161)		9,754		(37,407)
June 30, 2022	$	(146,727)	$	(81,145)	$	(227,872)

Reclassification out of Accumulated Other Comprehensive Income

Details of amounts reclassified from accumulated other comprehensive income (loss) are below:

 

(In thousands)	Amount reclassified from AOCI		Affected line item in the statement where net earnings is presented
Defined benefit pension and other postretirement benefit plans
Amortization of prior service costs	$	173	Other income, net
Amortization of actuarial losses	(7,851)		Other income, net
Settlements	(1,842)		Other income, net
	(9,520)		Earnings before income taxes
	1,857		Provision for income taxes
Total reclassifications	$	(7,663)	Net earnings