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OTHER COMPREHENSIVE INCOME
3 Months Ended
Mar. 31, 2019
OTHER COMPREHENSIVE INCOME [Abstract]  
OTHER COMPREHENSIVE INCOME

Note 11: other Comprehensive Income



Comprehensive income comprises two subsets: net earnings and other comprehensive income (OCI). The components of other comprehensive income are presented in the accompanying Condensed Consolidated Statements of Comprehensive Income, net of applicable taxes.



Amounts in accumulated other comprehensive income (AOCI), net of tax, are as follows:







 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 



 

 

March 31

 

December 31

 

 

March 31

in thousands

2019

 

2018

 

 

2018

AOCI

 

 

 

 

 

 

 

 

Interest rate hedges

$       (11,125)

 

 

$       (11,180)

 

 

$         (8,876)

 

Pension and postretirement plans

(160,800)

 

 

(161,035)

 

 

(136,937)

 

Total

$     (171,925)

 

 

$     (172,215)

 

 

$     (145,813)

 



Changes in AOCI, net of tax, for the three months ended March 31, 2019 are as follows:







 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

Pension and

 

 

 

 



Interest Rate

 

Postretirement

 

 

 

 

in thousands

Hedges

 

Benefit Plans

 

 

Total

AOCI

 

 

 

 

 

 

 

 

Balances as of December 31, 2018

$       (11,180)

 

 

$     (161,035)

 

 

$     (172,215)

 

Amounts reclassified from AOCI

55 

 

 

235 

 

 

290 

 

Balances as of March 31, 2019

$       (11,125)

 

 

$     (160,800)

 

 

$     (171,925)

 



Amounts reclassified from AOCI to earnings, are as follows:







 

 

 

 

 

 

 



 

 

 

 

 

 

 



 

 

Three Months Ended



 

 

March 31

in thousands

2019

 

2018

 

Amortization of Interest Rate Hedge Losses

 

 

 

 

 

Interest expense

$              75 

 

 

$              89 

 

Benefit from income taxes

(20)

 

 

(23)

 

Total

$              55 

 

 

$              66 

 

Amortization of Pension and Postretirement

 

 

 

 

 

  Plan Actuarial Loss and Prior Service Cost

 

 

 

 

 

Other nonoperating income

$            386 

 

 

$         1,476 

 

Benefit from income taxes

(151)

 

 

(385)

 

Total

$            235 

 

 

$         1,091 

 

Total reclassifications from AOCI to earnings

$            290 

 

 

$         1,157