Comprehensive Income and Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2023

Comprehensive Income and Accumulated Other Comprehensive Income (Loss)

The accumulated balances related to each component of other comprehensive income (loss), net of tax, are as follows:


	Foreign Currency Translation Component		Pension and Other Postretirement Benefit Plans		Accumulated Other Comprehensive Income (Loss)
			(In thousands)















Balance at December 31, 2021	$	(41,468)	$	(29,098)	$	(70,566)

Other comprehensive income attributable to Belden before reclassifications	42,531		23,629		66,160
Amounts reclassified from accumulated other comprehensive income	(3,007)		1,542		(1,465)
Net current period other comprehensive income attributable to Belden	39,524		25,171		64,695
Balance at December 31, 2022	$	(1,944)	$	(3,927)	$	(5,871)

Other comprehensive loss attributable to Belden before reclassifications	(24,431)		(9,696)		(34,127)
Amounts reclassified from accumulated other comprehensive income	(139)		(1,142)		(1,281)
Net current period other comprehensive loss attributable to Belden	(24,570)		(10,838)		(35,408)
Balance at December 31, 2023	$	(26,514)	$	(14,765)	$	(41,279)

As of December 31, 2023, the tax balances included in accumulated other comprehensive income (loss) in the table above are not material.

The following table summarizes the effects of reclassifications from accumulated other comprehensive income (loss):


	Amount Reclassified from Accumulated Other Comprehensive Income (Loss) (2)		Affected Line Item in the Consolidated Statements of Operations and Comprehensive Income (Loss)
	(In thousands)
Amortization of pension and other postretirement benefit plan items:

Actuarial gains	$	(1,675)	(1)
Prior service cost	176		(1)
Total before tax	(1,499)
Tax expense	357
Total net of tax	$	(1,142)

(1)The amortization of these accumulated other comprehensive income (loss) components are included in the computation of net periodic benefit costs (see Note 19).

(2)In addition, we reclassified $0.1 million of accumulated foreign currency translation gains associated with the sale of the Hite JV.