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Other (Income)/Expense, net
 6 Months Ended
Jun. 30, 2026
Other Income and Expenses [Abstract]  
Other (Income)/Expense, net Other (Income)/Expense, net
The components of Other (income)/expense, net are:
Three months ended June 30,Six months ended June 30,
(in thousands)
2026202520262025
Currency transaction losses/(gains)
$(539)$5,654 $(2,691)$8,806 
Derivative instruments losses/(gains)(236)(735)(1,454)(3,261)
Components of net periodic pension and postretirement cost other than service cost1,478 (498)2,961 323 
Other losses/(gains)(664)(887)(1,970)(1,351)
Total other (income)/expense, net$39 $3,534 $(3,154)$4,517 
Currency transaction losses/(gains), included within other (income)/expense, net were primarily the result of both realized and unrealized losses/(gains) on intercompany loans. In addition, changes in the fair value of derivative instruments included gains driven by currency rate movements, most notably the Brazilian Real and Mexican Peso.