Barnes Group Pension and other postretirement plans increased by 65.9% to -$2.03M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 17.6%, from -$2.46M to -$2.03M.
A decrease often indicates significant cash contributions made to fund pension obligations, while an increase may reflect non-cash adjustments to benefit liabilities.
Reflects the cash impact of changes in long-term retirement benefit obligations, including pension and post-retirement h...
Standard for mature industrial companies with legacy workforce obligations; varies based on plan funding status and actuarial assumptions.
operating_increase_decrease_in_pension_and_postretiremen_707899| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.46M | $1.42M | $1.12M | -$1.86M | -$9.00K | -$814.00K | -$3.88M | -$6.75M | -$2.46M | -$4.16M | -$4.40M | -$5.94M | -$2.03M |
| QoQ Change | — | -2.7% | -21.4% | -267.0% | +99.5% | <-999% | -377.0% | -73.9% | +63.6% | -69.1% | -5.6% | -35.2% | +65.9% |
| YoY Change | — | — | — | — | -100.6% | -173.0% | -108.5% | <-999% | — | -411.1% | -13.2% | +12.0% | +17.6% |