Accumulated Other Comprehensive Income/(Loss)

9 Months Ended

Sep. 30, 2015

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Income/(Loss)

Accumulated Other Comprehensive Income/(Loss)

Components of accumulated other comprehensive income/(loss), net of income tax, were as follows (in thousands):

	September 30, 2015
Accumulated other comprehensive income/(loss), net of taxes:
Fair value of interest rate swaps	$	(2,536	)
Qualified pension and other post-employment benefit plans	256,651
Total accumulated other comprehensive income/(loss), net of taxes	$	254,115

Other comprehensive income/(loss) for the three and nine months ended September 30, 2015 includes changes in the fair value of the Company's cash flow hedges, actuarial losses and prior service credits related to the qualified pension and other post-employment benefit plans arising during the respective periods and amortization of these actuarial losses and prior service credits. For further detail of amounts recognized in other comprehensive income/(loss) related to the cash flow hedges, see note (7) "Interest Rate Swap Agreements" herein. For further detail of amounts recognized in other comprehensive income/(loss) related to the qualified pension and other post-employment benefit plans, see note (9) "Employee Benefit Plans—Plan Assets, Obligations and Funded Status—Other Comprehensive Income/(Loss)" herein.

The following table provides a reconciliation of adjustments reclassified from accumulated other comprehensive income/(loss) to the condensed consolidated statement of operations (in thousands):

	Three Months ended September 30, 2015			Nine Months ended September 30, 2015
Employee benefits:
Amortization of actuarial loss (1.5 years to 12.1 years) (a)	$	34,345		$	85,960
Amortization of net prior service credit (1.72 years to 24.9 years) (a)	(90,413		)	(217,146		)
Plan settlement (a)	16,151			16,149
Plan curtailment (a)	(1,781		)	(1,781		)
Total employee benefit amounts reclassified from accumulated other comprehensive income/(loss)	(41,698		)	(116,818		)
Tax benefit (b)	—			—
Total employee benefit amounts reclassified from accumulated other comprehensive income/(loss), net	$	(41,698	)	$	(116,818	)

(a) These accumulated other comprehensive income/(loss) components are included in the computation of net periodic benefit cost. See note (9) "Employee Benefit Plans" for details.

(b) See note (5) "Income Taxes" for details.

There was a nominal amount reclassified from accumulated other comprehensive income/(loss) related to interest rate swaps for the three and nine months ended September 30, 2015.