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Accumulated Other Comprehensive Loss (Tables)
3 Months Ended
Mar. 31, 2019
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The following table presents the changes in accumulated other comprehensive loss ("AOCL"), net of tax for the three months ended March 31, 2019 and 2018:
 
2019
 
2018
(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
$
(447,925
)
 
$
(120,647
)
 
$
(858
)
 
$
(569,430
)
 
$
(384,779
)
 
$
(115,755
)
 
$
(1,090
)
 
$
(501,624
)
Other comprehensive income (loss) before reclassifications
6,945

 
(269
)
 
62

 
6,738

 
19,449

 
(2,022
)
 
28

 
17,455

Amounts reclassified from AOCL

 
1,486

 

 
1,486

 

 
1,712

 

 
1,712

Net current-period other comprehensive income (loss)
6,945

 
1,217

 
62

 
8,224

 
19,449

 
(310
)
 
28

 
19,167

Balance - March 31
$
(440,980
)
 
$
(119,430
)
 
$
(796
)
 
$
(561,206
)
 
$
(365,330
)
 
$
(116,065
)
 
$
(1,062
)
 
$
(482,457
)

_______________________________________
(1) Includes foreign currency translation adjustments attributable to noncontrolling interests of $4.5 million and $3.8 million for January1, 2019 and 2018, respectively, and $5.2 million and $4.7 million at March 31, 2019 and 2018, respectively. Includes net investment hedge losses of $12.2 million and $33.7 million, net of deferred taxes, at March 31, 2019 and 2018, 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 March 31,
(Amounts in thousands)
 
Affected line item in the statement of income
 
2019(1)
 
2018(1)
Pension and other postretirement effects
 
 
 
 
 
 
Amortization of actuarial losses(2)
 
Other income (expense), net
 
$
(1,555
)
 
$
(2,195
)
  Prior service costs(2)
 
Other income (expense), net
 
(138
)
 
(81
)


 
Tax benefit
 
207

 
564



 
Net of tax
 
$
(1,486
)
 
$
(1,712
)

_______________________________________
(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 12 for additional details.