Derivative Instruments (Tables)

3 Months Ended

Mar. 31, 2026

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary of Amount Recognized as and Reclassified from Accumulated Other Comprehensive Income (Loss)

The change in the fair value of the cash flow contracts is recorded as a component of accumulated other comprehensive loss. The balances as of March 31, 2026 and 2025 and the amounts recognized as and reclassified from accumulated other comprehensive loss for each of the periods are summarized below. Amounts are after tax where applicable. Certain amounts recognized as comprehensive (loss) income or reclassified from accumulated other comprehensive loss have no tax effect due to the Corporation having a valuation allowance recorded against the deferred income tax assets for the jurisdiction where the income or expense is recognized.


		Beginning of the Period				Recognized				Reclassified				End of the Period
Three Months Ended March 31, 2026
Foreign currency purchase contracts		$	27			$	—			$	6			$	21
Futures contracts – copper and aluminum			89				163				62				190
		$	116			$	163			$	68			$	211
Three Months Ended March 31, 2025
Foreign currency purchase contracts		$	54			$	—			$	6			$	48
Futures contracts – copper and aluminum			(156	)			780				53				571
		$	(102	)		$	780			$	59			$	619

Summary of Change in Fair Value Reclassified or Expected to be Reclassified from Accumulated Other Comprehensive Loss to Earnings

The change in fair value reclassified or expected to be reclassified from accumulated other comprehensive loss to earnings is summarized below. All amounts are pre-tax.


		Location of Gain in Statements		Estimated to be Reclassified in the Next 12 Months				Three Months Ended March 31,
		of Operations						2026				2025
Foreign currency purchase contracts		Depreciation and amortization		$	21			$	6			$	6
Futures contracts – copper and aluminum		Costs of products sold (excluding depreciation and amortization)		$	196			$	64			$	55