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Accumulated Other Comprehensive Income (Loss)
 9 Months Ended
Sep. 30, 2019
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss) ACCUMULATED OTHER COMPREHENSIVE LOSS
The following tables present changes in the accumulated balances for each component of other comprehensive (loss) income, including current period other comprehensive (loss) income and reclassifications out of accumulated other comprehensive loss:
(DOLLARS IN THOUSANDS)
Foreign
Currency
Translation
Adjustments
 
Gains on Derivatives
Qualifying as
Hedges
 
Pension and
Postretirement
Liability
Adjustment
 
Total
Accumulated other comprehensive (loss) income, net of tax, as of December 31, 2018
$
(396,996
)
 
$
4,746

 
$
(309,977
)
 
$
(702,227
)
OCI before reclassifications
(176,490
)
 
9,232

 
179

 
(167,079
)
Amounts reclassified from AOCI
—

 
(5,975
)
 
7,729

 
1,754

Net current period other comprehensive income (loss)
(176,490
)
 
3,257

 
7,908

 
(165,325
)
Accumulated other comprehensive (loss) income, net of tax, as of September 30, 2019
$
(573,486
)
 
$
8,003

 
$
(302,069
)
 
$
(867,552
)
(DOLLARS IN THOUSANDS)
Foreign
Currency
Translation
Adjustments
 
Losses 
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
(98,048
)
 
4,328

 
185

 
(93,535
)
Amounts reclassified from AOCI
—

 
8,019

 
7,893

 
15,912

Net current period other comprehensive income (loss)
(98,048
)
 
12,347

 
8,078

 
(77,623
)
Accumulated other comprehensive (loss) income, net of tax, as of September 30, 2018
$
(395,464
)
 
$
2,015

 
$
(321,656
)
 
$
(715,105
)

The following table provides details about reclassifications out of accumulated other comprehensive income to the Consolidated Statement of Income and Comprehensive (Loss) Income: 
 
Nine Months Ended September 30,
 
Affected Line Item in the
Consolidated Statement
of Income and Comprehensive Income
(DOLLARS IN THOUSANDS)
2019
 
2018
 
Gains (losses) on derivatives qualifying as hedges
 
 
 
 
 
Foreign currency contracts
$
7,565

 
$
(8,424
)
 
Cost of goods sold
Interest rate swaps
(644
)
 
(648
)
 
Interest expense
Tax
(946
)
 
1,053

 
Provision for income taxes
Total
$
5,975

 
$
(8,019
)
 
Total, net of income taxes
Losses on pension and postretirement liability adjustments
 
 
 
 
 
Prior service cost
$
4,991

 
$
5,315

 
(a)
Actuarial losses
(14,003
)
 
(15,309
)
 
(a)
Tax
1,283

 
2,101

 
Provision for income taxes
Total
$
(7,729
)
 
$
(7,893
)
 
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 16 of our 2018 Form 10-K for additional information regarding net periodic benefit cost.