Components of Accumulated Other Comprehensive Loss

12 Months Ended

Dec. 31, 2022

Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]

Components of Accumulated Other Comprehensive Loss

Components of Accumulated Other Comprehensive Loss

AOCI is included on the Consolidated Statements of Stockholders' Equity. The components of AOCI, net of the effect of income taxes, and activity for the years ended December 31, 2022 and 2021 are as follows:

	Components of AOCI - Net of Tax
(In thousands)	Cumulative Foreign Exchange Translation Adjustments			Effective Portion of Derivatives Designated as Hedging Instruments			Cumulative Unrecognized Actuarial Losses on Pension Obligations			Unrealized Loss on Marketable Securities		Total
Balance at December 31, 2020	$	(125,392)		$	(5,840)		$	(514,500)		$	(9)	$	(645,741)
OCI before reclassifications	(10,994)		(a)	441		(b)	69,517		(c)	31		58,995
Amounts reclassified from AOCI, net of tax	—			2,375			22,735			—		25,110
Total OCI	(10,994)			2,816			92,252			31		84,105
Less: OCI attributable to noncontrolling interests	1,497			—			—			—		1,497
OCI attributable to Harsco Corporation	(9,497)			2,816			92,252			31		85,602
Balance at December 31, 2021	$	(134,889)		$	(3,024)		$	(422,248)		$	22	$	(560,139)
OCI before reclassifications	(82,325)		(a)	1,642		(b)	50,378		(c)	(12)		(30,317)
Amounts reclassified from AOCI, net of tax	—			1,539			17,171			—		18,710
Total OCI	(82,325)			3,181			67,549			(12)		$	(11,607)
Less: OCI attributable to noncontrolling interests	4,110			—			—			—		4,110
OCI attributable to Harsco Corporation	(78,215)			3,181			67,549			(12)		(7,497)
Balance at December 31, 2022	$	(213,104)		$	157		$	(354,699)		$	10	$	(567,636)

(a)     Principally foreign currency fluctuation.

(b)     Principally net change from periodic revaluations.

(c)     Principally changes due to annual actuarial remeasurements and foreign currency translation.

Amounts reclassified from AOCI for 2022 and 2021 are as follows:

	Year Ended December 31 2022		Year Ended December 31 2021		Affected Caption on the Consolidated Statements of Operations
(In thousands)
Amortization of defined benefit pension items (d):
Actuarial losses	$	17,792	$	23,657	Defined benefit pension income (expense)
Prior-service costs	534		582		Defined benefit pension income (expense)
Settlement/curtailment loss (gain)	96		(72)		Income (loss) from discontinued businesses
Settlement/curtailment gain	(33)		—		Defined benefit pension income (expense)
Total before tax	18,389		24,167
Tax benefit	(1,218)		(1,432)
Total reclassification of defined benefit pension items, net of tax	$	17,171	$	22,735
Amortization of cash flow hedging instruments:
Foreign currency exchange forward contracts	$	(1,746)	$	(129)	Income (loss) from discontinued businesses
Interest rate swaps	4,245		3,474		Interest expense
Total before tax	2,499		3,345
Tax benefit	(960)		(970)
Total reclassification of cash flow hedging instruments	$	1,539	$	2,375

(d)     These AOCI components are included in the computation of NPPC. See Note 10, Employee Benefit Plans, for additional information.