v3.25.2
Accumulated Other Comprehensive Loss
6 Months Ended
Jun. 30, 2025
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Loss
Note M – Accumulated Other Comprehensive Loss
The components of “Accumulated other comprehensive loss” on the Consolidated Balance Sheets at December 31, 2024 and June 30, 2025 and the changes during the six-month period ended June 30, 2025 are presented net of taxes in the following table.
(Thousands of dollars)Foreign
Currency
Translation
Gains (Losses)
Retirement and
Postretirement
Benefit Plan
Adjustments
Total
Balance at December 31, 2024$(516,324)$(111,748)$(628,072)
Components of other comprehensive income (loss):
Before reclassifications to income88,555  88,555 
Reclassifications to income ¹ 1,739 1,739 
Net other comprehensive income (loss)88,555 1,739 90,294 
Balance at June 30, 2025$(427,769)$(110,009)$(537,778)
1  Reclassifications before taxes of $2.1 million are included in the computation of net periodic benefit expense for the six-month period ended June 30, 2025. See Note H for additional information. Related income taxes of $0.3 million are included in "Income tax expense” on the Consolidated Statements of Operations for the six-month period ended June 30, 2025.