Accumulated Other Comprehensive Loss

3 Months Ended

Mar. 31, 2022

Equity [Abstract]

Accumulated Other Comprehensive Loss

Accumulated Other Comprehensive Loss

Reclassifications out of AOCL were as follows:

	Gain (Loss) Reclassified from AOCL
	Three Months Ended March 31,
	2022		2021
Cash flow hedges
Revenue	$	—	$	126
Cost of sales	14		(58)
Interest expense, net	137		—
Total before tax	151		68
Income tax provision	37		17
Net of tax	$	114	$	51
Available-for-sale securities
Financing revenue	$	(2)	$	(1)
Selling, general and administrative expense	(13)		42
Total before tax	(15)		41
Income tax provision	(3)		10
Net of tax	$	(12)	$	31
Pension and postretirement benefit plans
Prior service costs	$	(57)	$	(84)
Actuarial losses	(10,140)		(13,061)
Total before tax	(10,197)		(13,145)
Income tax benefit	(2,461)		(3,208)
Net of tax	$	(7,736)	$	(9,937)

Changes in AOCL, net of tax were as follows:

	Cash flow hedges		Available for sale securities		Pension and postretirement benefit plans		Foreign currency adjustments		Total
Balance at January 1, 2022	$	3,803	$	(6,249)	$	(756,639)	$	(21,227)	$	(780,312)
Other comprehensive income (loss) before reclassifications	5,447		(15,534)		—		(17,565)		(27,652)
Reclassifications into earnings	(114)		12		7,736		—		7,634
Net other comprehensive income (loss)	5,333		(15,522)		7,736		(17,565)		(20,018)
Balance at March 31, 2022	$	9,136	$	(21,771)	$	(748,903)	$	(38,792)	$	(800,330)

	Cash flow hedges		Available for sale securities		Pension and postretirement benefit plans		Foreign currency adjustments		Total
Balance at January 1, 2021	$	(1,411)	$	402	$	(851,063)	$	12,941	$	(839,131)
Other comprehensive income (loss) before reclassifications	4,881		(8,885)		—		(14,258)		(18,262)
Reclassifications into earnings	(51)		(31)		9,937		—		9,855
Net other comprehensive income (loss)	4,830		(8,916)		9,937		(14,258)		(8,407)
Balance at March 31, 2021	$	3,419	$	(8,514)	$	(841,126)	$	(1,317)	$	(847,538)