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Accumulated Other Comprehensive Income
 9 Months Ended
Sep. 27, 2015
Equity [Abstract]  
Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Loss
The following tables set forth the changes in accumulated other comprehensive loss (AOCL) (in thousands):
 
 
Three months ended September 27, 2015
 
 
Foreign currency translation adjustments
 
Marketable securities
 
Derivative financial instruments
 
Pension and postretirement benefit plans
 
Total
Balance, beginning of period
 
$
(26,252
)
 
$
(895
)
 
$
16,828

 
$
(512,207
)
 
$
(522,526
)
Other comprehensive loss before reclassifications
 
(17,003
)
 
(157
)
 
(4,088
)
 
—

 
(21,248
)
Income tax
 
2,405

 
58

 
1,514

 
—

 
3,977

Net other comprehensive loss before reclassifications
 
(14,598
)
 
(99
)
 
(2,574
)
 
—

 
(17,271
)
Reclassifications:
 
 
 
 
 
 
 
 
 
 
Realized (gains) losses - foreign currency contracts(a)
 
—

 
—

 
(12,771
)
 
—

 
(12,771
)
Realized (gains) losses - commodities contracts(a)
 
—

 
—

 
68

 
—

 
68

Realized (gains) losses - treasury rate lock(c)
 
—

 
—

 
60

 
—

 
60

Prior service credits(b)
 
—

 
—

 
—

 
(695
)
 
(695
)
Actuarial losses(b)
 
—

 
—

 
—

 
14,671

 
14,671

Total reclassifications before tax
 
—

 
—

 
(12,643
)
 
13,976

 
1,333

Income tax expense (benefit)
 
—

 
—

 
4,684

 
(5,177
)
 
(493
)
Net reclassifications
 
—

 
—

 
(7,959
)
 
8,799

 
840

Other comprehensive (loss) income
 
(14,598
)
 
(99
)
 
(10,533
)
 
8,799

 
(16,431
)
Balance, end of period
 
$
(40,850
)
 
$
(994
)
 
$
6,295

 
$
(503,408
)
 
$
(538,957
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Three months ended September 28, 2014
 
 
Foreign currency translation adjustments
 
Marketable securities
 
Derivative financial instruments
 
Pension and postretirement benefit plans
 
Total
Balance, beginning of period
 
$
42,007

 
$
(392
)
 
$
1,243

 
$
(351,909
)
 
$
(309,051
)
Other comprehensive (loss) income before reclassifications
 
(34,202
)
 
(235
)
 
26,841

 
—

 
(7,596
)
Income tax
 
1,673

 
87

 
(9,942
)
 
—

 
(8,182
)
Net other comprehensive (loss) income before reclassifications
 
(32,529
)
 
(148
)
 
16,899

 
—

 
(15,778
)
Reclassifications:
 
 
 
 
 
 
 
 
 
 
Realized (gains) losses - foreign currency contracts(a)
 
—

 
—

 
(6,852
)
 
—

 
(6,852
)
Realized (gains) losses - commodities contracts(a)
 
—

 
—

 
17

 
—

 
17

Prior service credits(b)
 
—

 
—

 
—

 
(684
)
 
(684
)
Actuarial losses(b)
 
—

 
—

 
—

 
10,323

 
10,323

Total reclassifications before tax
 
—

 
—

 
(6,835
)
 
9,639

 
2,804

Income tax expense (benefit)
 
—

 
—

 
2,531

 
(3,570
)
 
(1,039
)
Net reclassifications
 
—

 
—

 
(4,304
)
 
6,069

 
1,765

Other comprehensive (loss) income
 
(32,529
)
 
(148
)
 
12,595

 
6,069

 
(14,013
)
Balance, end of period
 
$
9,478

 
$
(540
)
 
$
13,838

 
$
(345,840
)
 
$
(323,064
)
 
 
Nine months ended September 27, 2015
 
 
Foreign currency translation adjustments
 
Marketable securities
 
Derivative financial instruments
 
Pension and postretirement benefit plans
 
Total
Balance, beginning of period
 
$
(3,482
)
 
$
(700
)
 
$
19,042

 
$
(529,803
)
 
$
(514,943
)
Other comprehensive (loss) income before reclassifications
 
(41,954
)
 
(467
)
 
27,339

 
—

 
(15,082
)
Income tax
 
4,586

 
173

 
(10,126
)
 
—

 
(5,367
)
Net other comprehensive (loss) income before reclassifications
 
(37,368
)
 
(294
)
 
17,213

 
—

 
(20,449
)
Reclassifications:
 
 
 
 
 
 
 
 
 
 
Realized (gains) losses - foreign currency contracts(a)
 
—

 
—

 
(48,175
)
 
—

 
(48,175
)
Realized (gains) losses - commodities contracts(a)
 
—

 
—

 
530

 
—

 
530

Realized (gains) losses - treasury rate lock(c)
 
—

 
—

 
60

 
—

 
60

Prior service credits(b)
 
—

 
—

 
—

 
(2,085
)
 
(2,085
)
Actuarial losses(b)
 
—

 
—

 
—

 
44,010

 
44,010

Total reclassifications before tax
 
—

 
—

 
(47,585
)
 
41,925

 
(5,660
)
Income tax expense (benefit)
 
—

 
—

 
17,625

 
(15,530
)
 
2,095

Net reclassifications
 
—

 
—

 
(29,960
)
 
26,395

 
(3,565
)
Other comprehensive (loss) income
 
(37,368
)
 
(294
)
 
(12,747
)
 
26,395

 
(24,014
)
Balance, end of period
 
$
(40,850
)
 
$
(994
)
 
$
6,295

 
$
(503,408
)
 
$
(538,957
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Nine months ended September 28, 2014
 
 
Foreign currency translation adjustments
 
Marketable securities
 
Derivative financial instruments
 
Pension and postretirement benefit plans
 
Total
Balance, beginning of period
 
$
33,326

 
$
(276
)
 
$
(1,680
)
 
$
(364,046
)
 
$
(332,676
)
Other comprehensive (loss) income before reclassifications
 
(25,502
)
 
(419
)
 
29,525

 
—

 
3,604

Income tax
 
1,654

 
155

 
(10,936
)
 
—

 
(9,127
)
Net other comprehensive (loss) income before reclassifications
 
(23,848
)
 
(264
)
 
18,589

 
—

 
(5,523
)
Reclassifications:
 
 
 
 
 
 
 
 
 
 
Realized (gains) losses - foreign currency contracts(a)
 
—

 
—

 
(4,611
)
 
—

 
(4,611
)
Realized (gains) losses - commodities contracts(a)
 
—

 
—

 
(266
)
 
—

 
(266
)
Prior service credits(b)
 
—

 
—

 
—

 
(2,052
)
 
(2,052
)
Actuarial losses(b)
 
—

 
—

 
—

 
30,968

 
30,968

Total reclassifications before tax
 
—

 
—

 
(4,877
)
 
28,916

 
24,039

Income tax expense (benefit)
 
—

 
—

 
1,806

 
(10,710
)
 
(8,904
)
Net reclassifications
 
—

 
—

 
(3,071
)
 
18,206

 
15,135

Other comprehensive (loss) income
 
(23,848
)
 
(264
)
 
15,518

 
18,206

 
9,612

Balance, end of period
 
$
9,478

 
$
(540
)
 
$
13,838

 
$
(345,840
)
 
$
(323,064
)

(a)
Amounts reclassified to net income are included in Motorcycles and Related Products cost of goods sold.
(b)
Amounts reclassified are included in the computation of net periodic period cost. See Note 16 for information related to pension and postretirement benefit plans.
(c)
Amounts reclassified to net income are included in interest expense.