The following table presents the changes in the accumulated balances for each component of AOCL for the nine months ended September 30, 2017 and 2016. All amounts within the tables are shown net of tax.



	Unrealized Gains /(Losses) on Cash Flow Hedges ⁽¹⁾			Defined Benefit Pension Items ⁽²⁾			Foreign Currency Items			Total
Balance at December 31, 2015	$	—		$	(46,919	)	$	(16,256	)	$	(63,175	)
Activity during period:
Other comprehensive income (loss) before reclassifications	(605		)	—			263			(342		)
Amounts reclassified from AOCL	—			2,348			—			2,348
Net other comprehensive income (loss)	(605		)	2,348			263			2,006
Balance at September 30, 2016	$	(605	)	$	(44,571	)	$	(15,993	)	$	(61,169	)
Balance at December 31, 2016	$	—		$	(35,865	)	$	(16,275	)	$	(52,140	)
Activity during period:
Other comprehensive income before reclassifications	674			—			749			1,423
Amounts reclassified from AOCL	—			1,156			—			1,156
Net other comprehensive income	674			1,156			749			2,579
Balance at September 30, 2017	$	674		$	(34,709	)	$	(15,526	)	$	(49,561	)


⁽¹⁾	Gains/(losses) on cash flow hedges are related to foreign currency forward contracts. Reclassifications from AOCL are recognized through “Contract drilling services” costs on our Condensed Consolidated Statements of Operations. See Note 9— Derivative Instruments and Hedging Activities for additional information.


⁽²⁾	Defined benefit pension items relate to actuarial changes and the amortization of prior service costs. Reclassifications from AOCL are recognized as expense on our Condensed Consolidated Statements of Operations through either “Contract drilling services” or “General and administrative.” See Note 8— Employee Benefit Plans for additional information.