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Other Comprehensive Income (Notes)
 6 Months Ended
Jun. 30, 2016
Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Comprehensive Income (Loss) Note [Text Block]
ACCUMULATED OTHER COMPREHENSIVE INCOME
The following table presents changes in accumulated other comprehensive income by component for the six months ended June 30, 2016 and 2015:
 
Currency Translation Adjustment, Net of Tax
 
Net Unrealized
Gain (Loss) on
Cash Flow Hedging Arrangements,
Net of Tax
 
Pension and Post-Retirement Benefit Related Items,
Net of Tax
 
Total
Balance at December 31, 2015
$
(57,394
)
 
$
3,016

 
$
(212,271
)
 
$
(266,649
)
Other comprehensive income (loss), net of tax:
 
 
 
 
 
 
 
Amounts recognized in accumulated other comprehensive income (loss), net of tax
—

 
(3,692
)
 
(4,546
)
 
(8,238
)
Foreign currency translation adjustment
(15,350
)
 
(556
)
 
(810
)
 
(16,716
)
Amounts recognized from accumulated other comprehensive income (loss), net of tax
—

 
(2,007
)
 
10,835

 
8,828

Net change in other comprehensive income (loss), net of tax
(15,350
)
 
(6,255
)
 
5,479

 
(16,126
)
Balance at June 30, 2016
$
(72,744
)
 
$
(3,239
)
 
$
(206,792
)
 
$
(282,775
)

 
Currency Translation Adjustment, Net of Tax
 
Net Unrealized
Gain (Loss) on
Cash Flow Hedging Arrangements,
Net of Tax
 
Pension and Post-Retirement Benefit Related Items,
Net of Tax
 
Total
Balance at December 31, 2014
$
(4,960
)
 
$
(1,944
)
 
$
(206,045
)
 
$
(212,949
)
Other comprehensive income (loss), net of tax:

 

 

 

Unrealized gains (losses) on cash flow hedging arrangements
—

 
19,932

 
—

 
19,932

Foreign currency translation adjustment
(1,655
)
 
(817
)
 
(2,655
)
 
(5,127
)
Amounts recognized from accumulated other comprehensive income (loss), net of tax
—

 
(4,321
)
 
5,040

 
719

Net change in other comprehensive income (loss), net of tax
(1,655
)
 
14,794

 
2,385

 
15,524

Balance at June 30, 2015
$
(6,615
)
 
$
12,850

 
$
(203,660
)
 
$
(197,425
)

The following table presents amounts recognized from accumulated other comprehensive income (loss) for the three and six month periods ended June 30:
 
 
Three months ended June 30,
 
 
 
 
2016
 
2015
 
Location of Amounts Recognized in Earnings
Effective portion of (gains) / losses on cash flow hedging arrangements:
 
 
 
 
 
 
Interest rate swap agreements
 
$
262

 
$
771

 
Interest expense
Foreign currency forward contracts
 
(1,498
)
 
(3,532
)
 
Cost of sales - products
Total before taxes
 
(1,236
)
 
(2,761
)
 
 
Provision for taxes
 
(206
)
 
(427
)
 
Provision for taxes
Total, net of taxes
 
$
(1,030
)
 
$
(2,334
)
 
 
 
 
 
 
 
 
 
Recognition of defined benefit pension and post-retirement items:
 
 
 
 
 
 
Recognition of actuarial losses, settlement loss and prior service cost, before taxes
 
$
12,008

 
$
3,428

 
(a)
Provision for taxes
 
4,110

 
911

 
Provision for taxes
Total, net of taxes
 
$
7,898

 
$
2,517

 
 

(a) These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and post-retirement cost. See Note 11 for additional details for the three and six months ended June 30, 2016 and 2015.
 
 
Six months ended June 30,
 
 
 
 
2016
 
2015
 
Location of Amounts Recognized in Earnings
Effective portion of (gains) / losses on cash flow hedging arrangements:
 
 
 
 
 
 
Interest rate swap agreements
 
$
526

 
$
1,535

 
Interest expense
Foreign currency forward contracts
 
(2,931
)
 
(6,623
)
 
Cost of sales - products
Total before taxes
 
(2,405
)
 
(5,088
)
 
 
Provision for taxes
 
(398
)
 
(767
)
 
Provision for taxes
Total, net of taxes
 
$
(2,007
)
 
$
(4,321
)
 
 
 
 
 
 
 
 
 
Recognition of defined benefit pension and post-retirement items:
 
 
 
 
 
 
Recognition of actuarial losses, settlement loss and prior service cost, before taxes
 
$
15,968

 
$
6,869

 
(a)
Provision for taxes
 
5,133

 
1,829

 
Provision for taxes
Total, net of taxes
 
$
10,835

 
$
5,040

 
 
(a) These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and post-retirement cost. See Note 11 for additional details for the three and six months ended June 30, 2016 and 2015.
Comprehensive income (loss), net of tax consisted of the following as of June 30:
 
Three Months Ended
 
Six Months Ended
 
2016
 
2015
 
2016
 
2015
Net earnings
$
79,588

 
$
77,557

 
$
145,262

 
$
140,608

Other comprehensive income (loss), net of tax
(22,958
)
 
21,780

 
(16,126
)
 
15,524

Comprehensive income, net of tax
$
56,630

 
$
99,337

 
$
129,136

 
$
156,132