OTHER COMPREHENSIVE INCOME

6 Months Ended

Jun. 30, 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:



	June 30	December 31	June 30
in thousands	2020	2019	2019
AOCI
Interest rate hedges	$ (24,644)	$ (10,953)	$ (11,069)
Pension and postretirement plans	(183,395)	(186,785)	(160,464)
Total	$ (208,039)	$ (197,738)	$ (171,533)

Changes in AOCI, net of tax, for the six months ended June 30, 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	(14,679)	0	(14,679)
Amounts reclassified from AOCI	988	3,390	4,378
Net current period OCI changes	(13,691)	3,390	(10,301)
Balances as of June 30, 2020	$ (24,644)	$ (183,395)	$ (208,039)

Amounts reclassified from AOCI to earnings, are as follows:



	Three Months Ended		Six Months Ended
	June 30		June 30
in thousands	2020	2019	2020	2019
Amortization of Interest Rate Hedge Losses
Interest expense	$ 263	$ 76	$ 1,337	$ 151
Benefit from income taxes	(69)	(20)	(349)	(40)
Total	$ 194	$ 56	$ 988	$ 111
Amortization of Pension and Postretirement
Plan Actuarial Loss and Prior Service Cost
Other nonoperating expense	$ 2,294	$ 386	$ 4,587	$ 772
Benefit from income taxes	(599)	(50)	(1,197)	(201)
Total	$ 1,695	$ 336	$ 3,390	$ 571
Total reclassifications from AOCI to earnings	$ 1,889	$ 392	$ 4,378	$ 682