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Accumulated Other Comprehensive Loss (Tables)
 6 Months Ended
Jun. 30, 2016
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The following table presents the changes in AOCL, net of tax for the six months ended June 30, 2016 and 2015:

 
2016
 
2015
(Amounts in thousands)
Foreign currency translation items(1)
 
Pension and other post-retirement effects
 
Cash flow hedging activity
 
Total(1)
 
Foreign currency translation items(1)
 
Pension and other post-retirement effects
 
Cash flow hedging activity
 
Total(1)
Balance - January 1
$
(413,422
)
 
$
(120,461
)
 
$
(3,458
)
 
$
(537,341
)
 
$
(238,533
)
 
$
(135,398
)
 
$
(5,210
)
 
$
(379,141
)
Other comprehensive income (loss) before reclassifications
5,135

 
2,378

 
594

 
8,107

 
(92,768
)
 
4,785

 
(6,705
)
 
(94,688
)
Amounts reclassified from AOCL
—

 
3,558

 
609

 
4,167

 
—

 
4,886

 
4,986

 
9,872

Net current-period other comprehensive income (loss)
5,135

 
5,936

 
1,203

 
12,274

 
(92,768
)
 
9,671

 
(1,719
)
 
(84,816
)
Balance - June 30
$
(408,287
)
 
$
(114,525
)
 
$
(2,255
)
 
$
(525,067
)
 
$
(331,301
)
 
$
(125,727
)
 
$
(6,929
)
 
$
(463,957
)

________________________________
(1) Includes foreign currency translation adjustments attributable to noncontrolling interests of $2.7 million and $1.3 million at January 1, 2016 and 2015 and $3.5 million and $2.7 million at June 30, 2016 and 2015, respectively. Includes net investment hedge losses of $3.9 million and $8.6 million, net of deferred taxes, for the six months ended June 30, 2016 and 2015, respectively. Amounts in parentheses indicate debits.
The following table presents the changes in accumulated other comprehensive loss ("AOCL"), net of tax for the three months ended June 30, 2016 and 2015:
 
2016
 
2015
(Amounts in thousands)
Foreign currency translation items(1)
 
Pension and other post-retirement effects
 
Cash flow hedging activity
 
Total(1)
 
Foreign currency translation items(1)
 
Pension and other post-retirement effects
 
Cash flow hedging activity
 
Total(1)
Balance - April 1
$
(379,665
)
 
$
(117,675
)
 
$
(2,815
)
 
$
(500,155
)
 
$
(344,967
)
 
$
(127,507
)
 
$
(10,356
)
 
$
(482,830
)
Other comprehensive (loss) income before reclassifications
(28,622
)
 
1,317

 
65

 
(27,240
)
 
13,666

 
(675
)
 
1,648

 
14,639

Amounts reclassified from AOCL
—

 
1,833

 
495

 
2,328

 
—

 
2,455

 
1,779

 
4,234

Net current-period other comprehensive (loss) income
(28,622
)
 
3,150

 
560

 
(24,912
)
 
13,666

 
1,780

 
3,427

 
18,873

Balance - June 30
$
(408,287
)
 
$
(114,525
)
 
$
(2,255
)
 
$
(525,067
)
 
$
(331,301
)
 
$
(125,727
)
 
$
(6,929
)
 
$
(463,957
)

_______________________________________
(1) Includes foreign currency translation adjustments attributable to noncontrolling interests of $3.5 million and $1.3 million at April 1, 2016 and 2015 and $3.5 million and $2.7 million at June 30, 2016 and 2015, respectively. Includes net investment hedge gain of $4.4 million and loss of $6.5 million, net of deferred taxes, for the three months ended June 30, 2016 and 2015, respectively. Amounts in parentheses indicate debits.
Reclassifications out of Accumulated Other Comprehensive Income (Loss)
The following table presents the reclassifications out of AOCL:
 
 
 
Three Months Ended June 30,
(Amounts in thousands)
Affected line item in the statement of income
 
2016(1)
 
2015(1)
Cash flow hedging activity
 
 
 
 
 
Foreign exchange contracts
 
 
 
 
 
 
Sales
 
$
(660
)
 
$
(2,522
)
 
Tax benefit
 
165

 
743

 
 Net of tax
 
$
(495
)
 
$
(1,779
)
 
 
 
 
 
 
Pension and other postretirement effects
 
 
 
 
 
Amortization of actuarial losses(2)
 
 
$
(2,476
)
 
$
(3,507
)
  Prior service costs(2)
 
 
(154
)
 
(156
)


Tax benefit
 
797

 
1,208



Net of tax
 
$
(1,833
)
 
$
(2,455
)

_______________________________________
(1) Amounts in parentheses indicate decreases to income. None of the reclass amounts have a noncontrolling interest component.
(2) These accumulated other comprehensive loss components are included in the computation of net periodic pension cost. See Note 10 for additional details.
The following table presents the reclassifications out of AOCL:
 
 
 
 
Six Months Ended June 30,
(Amounts in thousands)
 
Affected line item in the statement of income
 
2016(1)
 
2015(1)
Foreign currency translation items
 
 
 
 
 
 
Cash flow hedging activity
 
 
 
 
 
 
   Foreign exchange contracts
 
Other expense, net
 
$
—

 
$
(3,327
)
 
 
Sales
 
(814
)
 
(3,704
)
 
 
Tax benefit
 
205

 
2,045

 
 
 Net of tax
 
$
(609
)
 
$
(4,986
)
 
 
 
 
 
 
 
Pension and other postretirement effects
 
 
 
 
 
 
Amortization of actuarial losses(2)
 
 
 
$
(4,789
)
 
$
(6,931
)
Prior service costs(2)
 
 
 
(305
)
 
(354
)
 
 
Tax benefit
 
1,536

 
2,399

 
 
Net of tax
 
$
(3,558
)
 
$
(4,886
)
_______________________________________
(1) Amounts in parentheses indicate decreases to income. None of the reclass amounts have a noncontrolling interest component.
(2) These accumulated other comprehensive loss components are included in the computation of net periodic pension cost. See Note 10 for additional details.