Components of Accumulated Other Comprehensive Loss

12 Months Ended

Dec. 31, 2020

Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]

Components of Accumulated Other Comprehensive Loss

AOCI is included on the Consolidated Statements of Stockholders' Equity. The components of AOCI, net of the effect of income taxes, and activity for the years ended December 31, 2020 and 2019 are as follows:


	Components of AOCI - Net of Tax
(In thousands)	Cumulative Foreign Exchange Translation Adjustments			Effective Portion of Derivatives Designated as Hedging Instruments			Cumulative Unrecognized Actuarial Losses on Pension Obligations			Unrealized Loss on Marketable Securities		Total
Balance at December 31, 2018	$	(159,810)		$	1,389		$	(408,655)		$	(31)	$	(567,107)
Adoption of new accounting standard	—			—			(21,429)			—		(21,429)
Balance at January 1, 2018	(159,810)			1,389			(430,084)			(31)		(588,536)
OCI before reclassifications	17,261		(a)	(7,050)		(b)	(32,274)		(c)	28		(22,035)
Amounts reclassified from AOCI, net of tax	(1,763)			1,944			21,796			—		21,977
Total OCI	15,498			(5,106)			(10,478)			28		(58)
Less: OCI attributable to noncontrolling interests	972			—			—			—		972
OCI attributable to Harsco Corporation	16,470			(5,106)			(10,478)			28		914
Balance at December 31, 2019	$	(143,340)		$	(3,717)		$	(440,562)		$	(3)	$	(587,622)


	Components of AOCI - Net of Tax
(In thousands)	Cumulative Foreign Exchange Translation Adjustments			Effective Portion of Derivatives Designated as Hedging Instruments			Cumulative Unrecognized Actuarial Losses on Pension Obligations			Unrealized Loss on Marketable Securities		Total
Balance at December 31, 2019	$	(143,340)		$	(3,717)		$	(440,562)		$	(3)	$	(587,622)


OCI before reclassifications	7,854		(a)	(3,709)		(b)	(96,684)		(c)	(6)		(92,545)
Amounts reclassified from AOCI, net of tax	12,906			1,586			22,746			—		37,238



Total OCI	20,760			(2,123)			(73,938)			(6)		(55,307)
Less: OCI attributable to noncontrolling interests	(2,812)			—			—			—		(2,812)
OCI attributable to Harsco Corporation	17,948			(2,123)			(73,938)			(6)		(58,119)
Balance at December 31, 2020	$	(125,392)		$	(5,840)		$	(514,500)		$	(9)	$	(645,741)

(a) Principally foreign currency fluctuation.

(b) Principally net change from periodic revaluations.

Amounts reclassified from AOCI for 2020 and 2019 are as follows:


	Year Ended December 31 2020		Year Ended December 31 2019		Affected Caption on the Consolidated Statements of Operations
(In thousands)
Amortization of defined benefit pension items (d):
Actuarial losses	$	19,623	$	19,806	Defined benefit pension income (expense)

Prior-service costs	511		326		Defined benefit pension income (expense)
Pension asset transfer - discontinued businesses	5,363		3,200		Gain on sale of discontinued businesses
Settlement/curtailment losses	(92)		19		Defined benefit pension income (expense)
Total before tax	25,405		23,351
Tax benefit	(2,659)		(1,555)
Total reclassification of defined benefit pension items, net of tax	$	22,746	$	21,796
Recognition of cumulative foreign currency translation adjustments:
Gain on substantial liquidation of subsidiaries (e)	$	12,906	$	(2,425)	Other (income) expenses, net
Loss on substantial liquidation of subsidiaries (e)	—		$	662	Gain on sale of discontinued business
Amortization of cash flow hedging instruments:
Foreign currency exchange forward contracts	$	(1,026)	$	(550)	Product revenues
Foreign currency exchange forward contracts	—		44		Cost of services and products sold
CCIRs	1,015		1,219		Interest expense
Interest rate swaps	2,589		(520)		Interest expense
Interest rate swaps	—		2,741		Income from discontinued businesses
Total before tax	2,578		2,934
Tax benefit	(992)		(990)
Total reclassification of cash flow hedging instruments	$	1,586	$	1,944

(d) These AOCI components are included in the computation of NPPC. See Note 10, Employee Benefit Plans, for additional information.

(e) No tax impact.