Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.22.2.2
Fair Value Measurements (Tables)
 9 Months Ended
Sep. 30, 2022
Fair Value Disclosures [Abstract]  
Schedule of recurring and nonrecurring fair value measurements
    Fair                    
    Value     Level 1     Level 2     Level 3  
Assets:                        
Derivative financial instruments   $ 7,384     $ 7,384     $
     —
     $
     —
  
Liabilities:                                
Derivative financial instruments   $ (1,106 )   $ (1,106 )   $
—
     $
—
  

 

                            Benefit Plan  
    Fair                       Percentage  
    Value     Level 1     Level 2     Level 3     Allocation  
Assets:                              
Derivative financial instruments   $ 15,839     $ 15,839     $
—
     $
—
          
Long-lived assets held-for-sale     1,000      
—
      
—
       1,000          
Defined benefit plan assets (1) (pooled separate accounts):                                        
Large U.S. Equity(2)     5,612      
—
       5,612      
—
       28 %
Small/Mid U.S. Equity(3)     3,684      
—
       3,684      
—
       18 %
International Equity(4)     2,909      
—
       2,909      
—
       15 %
Fixed Income(5)     7,782      
—
       7,782      
—
       39 %
    $ 36,826     $ 15,839     $ 19,987     $ 1,000          
Liabilities:                                        
Derivative financial instruments   $ (13,582 )   $ (13,582 )   $
—
     $
—
          

 

(1) Included in other assets in the consolidated balance sheets.

(2) This category includes investments in funds comprised of equity securities of large U.S. companies. The funds are valued using the net asset value method in which an average of the market prices for the underlying investments is used to value the fund.

(3) This category includes investments in funds comprised of equity securities of small- and medium-sized U.S. companies. The funds are valued using the net asset value method in which an average of the market prices for the underlying investments is used to value the fund.

(4) This category includes investments in funds comprised of equity securities of foreign companies including emerging markets. The funds are valued using the net asset value method in which an average of the market prices for the underlying investments is used to value the fund.

(5) This category includes investments in funds comprised of U.S. and foreign investment-grade fixed income securities, high-yield fixed income securities that are rated below investment-grade, U.S. treasury securities, mortgage-backed securities, and other asset-backed securities. The funds are valued using the net asset value method in which an average of the market prices for the underlying investments is used to value the fund.