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Accumulated Other Comprehensive Income (Loss)
12 Months Ended
Dec. 31, 2018
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss)

 

20. Accumulated Other Comprehensive Income (Loss)

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

 

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

December 31, 2017

   $ (2,800    $ (257,513    $
 
 
5,632
 
 
   $ (254,681

Other comprehensive income (loss) before reclassifications

     (3,568      (47,133      1,731        (48,970

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

     (132      —          (350      (482
  

 

 

    

 

 

    

 

 

    

 

 

 

Net current-period other comprehensive income (loss)

     (3,700      (47,133      1,381        (49,452
  

 

 

    

 

 

    

 

 

    

 

 

 

December 31, 2018

   $ (6,500    $ (304,646    $
 
 
7,013
 
 
   $ (304,133
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1)

Includes ($132) and ($350) 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 $0 and ($108), respectively.

 

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

December 31, 2016

   $ 750      $ (326,170    $ 7,577      $ (317,843

Other comprehensive income (loss) before reclassifications

     (4,523      68,657        (1,530      62,604  

Amounts reclassified from accumulated other comprehensive income (loss) into earnings (2)

     973        —          (415      558  
  

 

 

    

 

 

    

 

 

    

 

 

 

Net current-period other comprehensive income (loss)

     (3,550      68,657        (1,945      63,162  
  

 

 

    

 

 

    

 

 

    

 

 

 

December 31, 2017

   $ (2,800    $ (257,513    $ 5,632      $ (254,681
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(2)

Includes $973 and ($415) 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 $400 and ($279), respectively.