DOVER Corp
For the period ended Dec 31, 2023. Filed Feb 9, 2024.
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FY2023 · Filed Feb 9, 2024
DOV$212.98+4.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Comprehensive Earnings
| Years Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Net earnings | $1,056,828 | $1,065,376 | $1,123,818 |
| Other comprehensive earnings (loss), net of tax | |||
| Foreign currency translation adjustments: | |||
| Foreign currency translation gains (losses) | 38,893 | (119,010) | (39,819) |
| Reclassification of foreign currency translation losses to earnings | — | 5,915 | — |
| Total foreign currency translation adjustments (net of $10,438, $(17,824) and $(20,976) tax benefit (provision), respectively) | 38,893 | (113,095) | (39,819) |
| Pension and other post-retirement benefit plans: | |||
| Actuarial (losses) gains | (14,820) | (2,658) | 26,960 |
| Prior service (costs) credit | (53) | 1,370 | (1,433) |
| Amortization of actuarial (gains) losses included in net periodic pension cost | (1,982) | 1,903 | 9,451 |
| Amortization of prior service costs included in net periodic pension cost | 852 | 888 | 1,023 |
| Settlement and curtailment impact | 2,831 | 3,688 | 1,167 |
| Total pension and other post-retirement benefit plans (net of $3,569, $(2,230) and $(9,868) tax benefit (provision), respectively) | (13,172) | 5,191 | 37,168 |
| Changes in fair value of cash flow hedges: | |||
| Unrealized net gains (losses) arising during period | 682 | (535) | 6,724 |
| Net losses (gains) reclassified into earnings | 1,954 | (3,732) | (4,871) |
| Total cash flow hedges (net of $(778), $1,217 and $(532) tax (provision) benefit, respectively) | 2,636 | (4,267) | 1,853 |
| Other comprehensive earnings (loss), net of tax | 28,357 | (112,171) | (798) |
| Comprehensive earnings | $1,085,185 | $953,205 | $1,123,020 |
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