Derivative Instruments and Hedging Activities (Tables)

12 Months Ended

Dec. 31, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The effects of fair value and cash flow hedge accounting on the consolidated statements of operations for the periods ended December 31, were as follows:

				2022						2021
(in thousands)				Cost of sales		Interest expense, net		Other & foreign exchange loss, net		Cost of sales
Total amounts of income and expense line items presented in the Consolidated Statements of Operations in which the effects of fair value or cash flow hedges are recorded				$	1,174,794	$	(7,594)	$	(3,408)	$	818,187
The effects of fair value and cash flow hedging
	Gain or (loss) on cash flow hedging relationships
		Interest contracts:
			Amount of gain or (loss) reclassified from OCI to earnings			(1,012)
		Cross currency swap contract
			Amount of gain or (loss) reclassified from OCI to earnings			5,650		14,349
		Forward contract
			Amount of gain or (loss) reclassified from OCI to earnings	122						472

The effects of derivative instruments on the consolidated statements of operations for the twelve months ended December 31, 2022 and December 31, 2021 were as follows:

Cash Flow Hedging Relationships	Gain (Loss) Recognized in OCI				Location of Gain (Loss) Reclassified from OCI into Earnings	Gain (Loss) Reclassified from OCI into Earnings
	2022		2021			2022		2021
Interest rate contracts	$	26,830	$	—	Interest expense	$	(1,012)	$	—
Cross currency contracts	26,174		—		Interest expense	5,650		—
					FX gain (loss)	14,349		—
Forward contracts	231		163		Cost of goods sold	—		472
Total	$	53,235	$	163		$	18,987	$	472