OTHER COMPREHENSIVE INCOME

12 Months Ended

Dec. 31, 2019

OTHER COMPREHENSIVE INCOME [Abstract]

OTHER COMPREHENSIVE INCOME

NOTE 14: 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 Consolidated Statements of Comprehensive Income and Consolidated Statements of Equity, net of applicable taxes.

Amounts in accumulated other comprehensive income (AOCI), net of tax, at December 31, are as follows:

in thousands	2019	2018	2017
AOCI
Interest rate hedges	$       (10,953)	$     (11,180)	$     (11,438)
Pension and postretirement plans	(186,785)	(161,035)	(138,028)
Total	$     (197,738)	$   (172,215)	$   (149,466)

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

		Pension and
	Interest Rate	Postretirement
in thousands	Hedges	Benefit Plans	Total
AOCI
Balances at December 31, 2016	$       (13,300)	$   (126,076)	$   (139,376)
Other comprehensive income (loss)
before reclassifications	0	(14,106)	(14,106)
Amounts reclassified from AOCI	1,862	2,154	4,016
Net OCI changes	1,862	(11,952)	(10,090)
Balances at December 31, 2017	$       (11,438)	$   (138,028)	$   (149,466)
Released stranded tax effects ASU 2018-02 (Note 9)	(2,464)	(27,165)	(29,629)
Balances at January 1, 2018, due to reclassification	$       (13,902)	$   (165,193)	$   (179,095)
Other comprehensive income (loss)
before reclassifications	2,496	(207)	2,289
Amounts reclassified from AOCI	226	4,365	4,591
Net OCI changes	2,722	4,158	6,880
Balances at December 31, 2018	$       (11,180)	$   (161,035)	$   (172,215)
Other comprehensive income (loss)
before reclassifications	0	(26,892)	(26,892)
Amounts reclassified from AOCI	227	1,142	1,369
Net OCI changes	227	(25,750)	(25,523)
Balances at December 31, 2019	$       (10,953)	$   (186,785)	$   (197,738)

Amounts reclassified from AOCI to earnings, are as follows:

in thousands	2019	2018	2017
Amortization of Interest Rate Hedge Losses
Interest expense	$            307	$           306	$        3,070
Benefit from income taxes	(80)	(80)	(1,208)
Total	$            227	$           226	$        1,862
Amortization of Pension and Postretirement Plan
Actuarial Loss and Prior Service Cost
Other nonoperating expense	$         1,545	$        5,906	$        2,915
Benefit from income taxes	(403)	(1,541)	(761)
Total	$         1,142	$        4,365	$        2,154
Total reclassifications from AOCI to earnings	$         1,369	$        4,591	$        4,016