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Financial Instruments (Tables)
 12 Months Ended
Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair value of derivative instruments and the balance sheet lines in which they are recorded
The following table sets forth the fair values of derivative instruments held by the Company as of December 31, 2022 and 2021 and the balance sheet lines in which they are recorded:
Fair Value Asset (Liability)
December 31, 2022December 31, 2021Balance Sheet Caption
Foreign currency forward$944 $2,825 Prepaid and other current assets
Foreign currency forward(2,760)(433)Other accrued expenses
Amounts recognized in other comprehensive earnings
Amounts recognized in other comprehensive earnings (loss) for the gains (losses) on net investment hedges were as follows:
202220212020
Gain (loss) on euro-denominated debt$80,301 $94,003 $(119,298)
Tax (expense) benefit (17,824)(20,976)26,957 
Net gain (loss) on net investment hedges, net of tax$62,477 $73,027 $(92,341)
Assets and liabilities measured at fair value on a recurring basis
The Company's assets and liabilities measured at fair value on a recurring basis as of December 31, 2022 and 2021 were as follows:
December 31, 2022December 31, 2021
Level 2Level 2
Assets:
Foreign currency cash flow hedges$944 $2,825 
Liabilities:
Foreign currency cash flow hedges2,760 433