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Accumulated Other Comprehensive Income (Loss) (Tables)
 6 Months Ended
Jun. 30, 2018
Equity [Abstract]  
Schedule of Changes in Accumulated Other Comprehensive Income (Loss)
The following tables present changes in the accumulated balances for each component of other comprehensive income, including current period other comprehensive income and reclassifications out of accumulated other comprehensive income:
(DOLLARS IN THOUSANDS)
Foreign
Currency
Translation
Adjustments
 
(Losses) Gains on Derivatives
Qualifying as
Hedges
 
Pension and
Postretirement
Liability
Adjustment
 
Total
Accumulated other comprehensive (loss) income, net of tax, as of December 31, 2017
$
(297,416
)
 
$
(10,332
)
 
$
(329,734
)
 
$
(637,482
)
OCI before reclassifications
(70,461
)
 
4,971

 
186

 
(65,304
)
Amounts reclassified from AOCI
—

 
4,955

 
5,333

 
10,288

Net current period other comprehensive income (loss)
(70,461
)
 
9,926

 
5,519

 
(55,016
)
Accumulated other comprehensive (loss) income, net of tax, as of June 30, 2018
$
(367,877
)
 
$
(406
)
 
$
(324,215
)
 
$
(692,498
)

(DOLLARS IN THOUSANDS)
Foreign
Currency
Translation
Adjustments
 
(Losses) Gains on
Derivatives
Qualifying as
Hedges
 
Pension and
Postretirement
Liability
Adjustment
 
Total
Accumulated other comprehensive (loss) income, net of tax, as of December 31, 2016
$
(352,025
)
 
$
7,604

 
$
(335,674
)
 
$
(680,095
)
OCI before reclassifications
22,304

 
(11,629
)
 
—

 
10,675

Amounts reclassified from AOCI
(12,214
)
(a)
(1,890
)
 
7,323

 
(6,781
)
Net current period other comprehensive income (loss)
10,090

 
(13,519
)
 
7,323

 
3,894

Accumulated other comprehensive (loss) income, net of tax, as of June 30, 2017
$
(341,935
)
 
$
(5,915
)
 
$
(328,351
)
 
$
(676,201
)
Reclassifications of Accumulated Other Comprehensive Income to Consolidated Statement of Comprehensive Income
The following table provides details about reclassifications out of accumulated other comprehensive income to the Consolidated Statement of Income and Comprehensive Income: 
 
Six Months Ended June 30,
 
Affected Line Item in the
Consolidated Statement
of Income and Comprehensive Income
(DOLLARS IN THOUSANDS)
2018
 
2017
 
(Losses) gains on derivatives qualifying as hedges
 
 
 
 
 
Foreign currency contracts
$
(5,169
)
 
$
2,568

 
Cost of goods sold
Interest rate swaps
(432
)
 
(357
)
 
Interest expense
Tax
646

 
(321
)
 
Provision for income taxes
Total
$
(4,955
)
 
$
1,890

 
Total, net of income taxes
(Losses) gains on pension and postretirement liability adjustments
 
 
 
 
 
Prior service cost
$
3,543

 
$
3,512

 
(a)
Actuarial losses
(10,206
)
 
(12,982
)
 
(a)
Tax
1,330

 
2,147

 
Provision for income taxes
Total
$
(5,333
)
 
$
(7,323
)
 
Total, net of income taxes
 _______________________
(a)
The amortization of prior service cost and actuarial loss is included in the computation of net periodic benefit cost. Refer to Note 14 of our 2017 Form 10-K for additional information regarding net periodic benefit cost.