OTHER COMPREHENSIVE INCOME

3 Months Ended

Mar. 31, 2020

OTHER COMPREHENSIVE INCOME [Abstract]

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	2020	2019	2019
AOCI
Interest rate hedges	$ (24,839)	$ (10,953)	$ (11,125)
Pension and postretirement plans	(185,090)	(186,785)	(160,800)
Total	$ (209,929)	$ (197,738)	$ (171,925)

Changes in AOCI, net of tax, for the three months ended March 31, 2020 are as follows:



		Pension and
	Interest Rate	Postretirement
in thousands	Hedges	Benefit Plans	Total
AOCI
Balances as of December 31, 2019	$ (10,953)	$ (186,785)	$ (197,738)
Other comprehensive income (loss)
before reclassifications	(14,680)	0	(14,680)
Amounts reclassified from AOCI	794	1,695	2,489
Net current period OCI changes	(13,886)	1,695	(12,191)
Balances as of March 31, 2020	$ (24,839)	$ (185,090)	$ (209,929)

Amounts reclassified from AOCI to earnings, are as follows:



	Three Months Ended
	March 31
in thousands	2020	2019
Amortization of Interest Rate Hedge Losses
Interest expense	$ 1,074	$ 75
Benefit from income taxes	(280)	(20)
Total	$ 794	$ 55
Amortization of Pension and Postretirement
Plan Actuarial Loss and Prior Service Cost
Other nonoperating expense	$ 2,294	$ 386
Benefit from income taxes	(599)	(151)
Total	$ 1,695	$ 235
Total reclassifications from AOCI to earnings	$ 2,489	$ 290