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Accumulated Other Comprehensive (Loss) Income (Tables)
12 Months Ended
Dec. 31, 2014
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Components of Accumulated Other Comprehensive (Loss) Income

The following tables reflect the changes in accumulated other comprehensive (loss) income by component (in thousands):

 

     Gains and Losses on
Hedging Derivatives
     Foreign Currency
Gain (Loss)
     Adjustment to Early
Retiree Medical Plan
     Total  

December 31, 2013

   $ —         $ (7,438    $ 16,518       $ 9,080   

Other comprehensive income (loss) before reclassifications

     (8,542 )       (141,530 )       (4,228 )       (154,300 ) 

Amounts reclassified from accumulated other comprehensive (loss) income into earnings (1)

     542         —           (1,030      (488
  

 

 

    

 

 

    

 

 

    

 

 

 

Net current-period other comprehensive (loss) income

     (8,000      (141,530      (5,258      (154,788
  

 

 

    

 

 

    

 

 

    

 

 

 

December 31, 2014

   $ (8,000    $ (148,968    $ 11,260       $ (145,708
  

 

 

    

 

 

    

 

 

    

 

 

 
     Gains and Losses on
Hedging Derivatives
     Foreign Currency
Gain (Loss)
     Adjustment to Early
Retiree Medical Plan
     Total  

December 31, 2012

   $ —         $ 46,181       $ 10,580       $ 56,761   

Other comprehensive income (loss) before reclassifications

     —           (53,619      5,938         (47,681

Amounts reclassified from accumulated other comprehensive (loss) income into earnings

     —           —           —           —     
  

 

 

    

 

 

    

 

 

    

 

 

 

Net current-period other comprehensive (loss) income

     —           (53,619      5,938         (47,681
  

 

 

    

 

 

    

 

 

    

 

 

 

December 31, 2013

   $ —         $ (7,438    $ 16,518       $ 9,080   
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1) Includes $542 and ($1,030) net-of-tax impact of accumulated other comprehensive income reclassifications into cost of products sold for net losses on commodity contracts and adjustment to early retiree medical plan, respectively. The tax impacts of these reclassifications were $200 and ($557), respectively.