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Accumulated Other Comprehensive Income (Loss) (Tables)
 3 Months Ended
Mar. 31, 2020
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 (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, 2019
$
(373,043
)
 
$
2,068

 
$
(345,919
)
 
$
(716,894
)
OCI before reclassifications
(452,278
)
 
3,300

 
—

 
(448,978
)
Amounts reclassified from AOCI
—

 
(1,853
)
 
3,517

 
1,664

Net current period other comprehensive income (loss)
(452,278
)
 
1,447

 
3,517

 
(447,314
)
Accumulated other comprehensive (loss) income, net of tax, as of March 31, 2020
$
(825,321
)
 
$
3,515

 
$
(342,402
)
 
$
(1,164,208
)
(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, 2018
$
(396,996
)
 
$
4,746

 
$
(309,977
)
 
$
(702,227
)
OCI before reclassifications
42,377

 
2,059

 
—

 
44,436

Amounts reclassified from AOCI
—

 
(2,156
)
 
2,593

 
437

Net current period other comprehensive income (loss)
42,377

 
(97
)
 
2,593

 
44,873

Accumulated other comprehensive (loss) income, net of tax, as of March 31, 2019
$
(354,619
)
 
$
4,649

 
$
(307,384
)
 
$
(657,354
)
Reclassifications of Accumulated Other Comprehensive Income to Consolidated Statement of Comprehensive Income
The following table provides details about reclassifications out of Accumulated other comprehensive loss to the Consolidated Statement of Income and Comprehensive (Loss) Income: 
 
Three Months Ended March 31,
 
Affected Line Item in the
Consolidated Statement
of Income and Comprehensive Income
(DOLLARS IN THOUSANDS)
2020
 
2019
 
Gains (losses) on derivatives qualifying as hedges
 
 
 
 
 
Foreign currency contracts
$
2,364

 
$
2,711

 
Cost of goods sold
Interest rate swaps
(216
)
 
(216
)
 
Interest expense
Tax
(295
)
 
(339
)
 
Provision for income taxes
Total
$
1,853

 
$
2,156

 
Total, net of income taxes
Losses on pension and postretirement liability adjustments
 
 
 
 
 
Prior service cost
$
(4,348
)
 
$
2,836

 
(a)
Actuarial losses
(191
)
 
168

 
(a)
Tax
1,022

 
(5,597
)
 
Provision for income taxes
Total
$
(3,517
)
 
$
(2,593
)
 
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 2019 Form 10-K for additional information regarding net periodic benefit cost.