XML 30 R18.htm IDEA: XBRL DOCUMENT v3.6.0.2
Accumulated Other Comprehensive Income
 12 Months Ended
Dec. 31, 2016
Accumulated Other Comprehensive Income [Abstract]  
Accumulated Other Comprehensive Income
9. Accumulated Other Comprehensive Income
 
The following table summarizes the changes in OCI for 2016:

(In thousands)
 
Cash Flow
Hedges (a)
  
Pension
Items (a)
  
Foreign Currency
Items
  
Total
 
             
Balance as of December 31, 2015
 
$
164
  
$
(4,393
)
 
$
(165,833
)
 
$
(170,062
)
Other comprehensive income before reclassifications
  
(1,094
)
  
1,312
   
(41,753
)
  
(41,535
)
Amounts reclassified from OCI
  
845
   
544
   
(3,257
)
  
(1,868
)
Balance as of December 31, 2016
 
$
(85
)
 
$
(2,537
)
 
$
(210,843
)
 
$
(213,465
)
 
 
(a)
Cash Flow Hedges and Pension Items are net of tax.
 
During 2016, the Company completed the liquidation of a business unit within the Color segment, resulting in the reclassification of the cumulative translation adjustment into net earnings. See Note 14, Discontinued Operations, for additional information. See Note 7, Retirement Plans, for more information on the pension items reclassified out of OCI and into Selling and Administrative expenses in the Statement of Earnings during 2016. See Note 5, Derivative Instruments and Hedging Activity, for additional information on the Company’s cash flow hedges.