Treasury (Tables)

3 Months Ended

Mar. 31, 2020

Equity [Abstract]

Summary of Effects of Interest Rate Swap Agreements and Foreign Currency Foreign Exchange Contracts on Result of Operations

The following table presents the effects of our interest rate swap agreements and our foreign currency foreign exchange contracts on our results of operations for the three month periods ended March 31, 2020 and 2019 (in thousands):

	Gain/(Loss) recognized in AOCI
	Three months ended
	March 31,		March 31,
	2020		2019
Cash Flow Hedge relationships
Interest rate swap agreements (a)	$	0	$	(2,917	)
Net Investment Hedge relationships
Foreign currency foreign exchange contracts	$	40,546	$	5,221

(a) The amount of gain reclassified out of AOCI into interest expense, net was $0 and $2.9 million during the three-month periods ended March 31, 2020 and 2019, respectively.

Summary of Cash, Cash Equivalents and Restricted Cash Reported In Condensed Consolidated Statements of Cash Flows

Cash, cash equivalents, and restricted cash as reported in the condensed consolidated statements of cash flows are presented separately on our condensed consolidated balance sheets as follow (in thousands):

	March 31,		December 31,
	2020		2019
Cash and cash equivalents	$	54,619	$	61,268
Restricted cash and cash equivalents (a)		44,604		44,399
Total cash, cash equivalents and restricted cash	$	99,223	$	105,667
(a) Restricted cash and cash equivalents is included in other assets on the accompanying consolidated balance sheet.