Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2023

Equity [Abstract]

Accumulated Other Comprehensive Income (Loss)

20. Accumulated Other Comprehensive Income (Loss)

The following tables reflect the changes in accumulated other comprehensive income (loss) by component (in thousands):

	Gains and (Losses) on			Foreign Currency			Adjustment to Early
	Hedging Derivatives			Gains (Losses)			Retiree Medical Plan			Total
December 31, 2022	$	26,100		$	(180,216	)	$	16,599		$	(137,517	)
Other comprehensive income    (loss) before reclassifications		(52,077	)		21,041			(4,787	)		(35,823	)
Amounts reclassified from    accumulated other    comprehensive income    (loss) into earnings (1)		12,077			—			(809	)		11,268
Net current-period other    comprehensive income (loss)		(40,000	)		21,041			(5,596	)		(24,555	)
December 31, 2023	$	(13,900	)	$	(159,175	)	$	11,003		$	(162,072	)

(1)Includes $12,077 and $(809) net-of-tax impact of accumulated other comprehensive income (loss) reclassifications into cost of products sold for net gains on commodity contracts and adjustment to early retiree medical plan, respectively. The tax impacts of these reclassifications were $3,800 and $(255), respectively.

	Gains and (Losses) on			Foreign Currency			Adjustment to Early
	Hedging Derivatives			Gains (Losses)			Retiree Medical Plan		Total
December 31, 2021	$	1,112		$	(124,868	)	$	8,474	$	(115,282	)
Other comprehensive income    (loss) before reclassifications		76,542			(55,348	)		6,328		27,522
Amounts reclassified from    accumulated other    comprehensive income    (loss) into earnings (2)		(51,554	)		—			1,797		(49,757	)
Net current-period other    comprehensive income (loss)		24,988			(55,348	)		8,125		(22,235	)
December 31, 2022	$	26,100		$	(180,216	)	$	16,599	$	(137,517	)

Includes $(51,554) and $1,797 net-of-tax impact of accumulated other comprehensive income (loss) reclassifications into cost of products sold for net gains on commodity contracts and adjustment to early retiree medical plan, respectively. The tax impacts of these reclassifications were $(16,400) and $671, respectively.