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Accumulated Other Comprehensive Loss
 9 Months Ended
Sep. 25, 2016
Equity [Abstract]  
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss
The following tables set forth the changes in accumulated other comprehensive loss (AOCL) (in thousands):
 
 
Three months ended September 25, 2016
 
 
Foreign currency translation adjustments
 
Marketable securities
 
Derivative financial instruments
 
Pension and postretirement benefit plans
 
Total
Balance, beginning of period
 
$
(43,523
)
 
$
(1,171
)
 
$
543

 
$
(546,010
)
 
$
(590,161
)
Other comprehensive income (loss) before reclassifications
 
3,574

 
(18
)
 
(895
)
 
—

 
2,661

Income tax expense
 
279

 
7

 
332

 
—

 
618

Net other comprehensive income (loss) before reclassifications
 
3,853

 
(11
)
 
(563
)
 
—

 
3,279

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

 
—

 
(2,399
)
 
—

 
(2,399
)
Realized (gains) losses - commodities contracts(a)
 
—

 
—

 
(21
)
 
—

 
(21
)
Realized (gains) losses - treasury rate lock(c)
 
—

 
—

 
90

 
—

 
90

Prior service credits(b)
 
—

 
—

 
—

 
(446
)
 
(446
)
Actuarial losses(b)
 
—

 
—

 
—

 
12,472

 
12,472

Total reclassifications before tax
 
—

 
—

 
(2,330
)
 
12,026

 
9,696

Income tax expense (benefit)
 
—

 
—

 
862

 
(4,454
)
 
(3,592
)
Net reclassifications
 
—

 
—

 
(1,468
)
 
7,572

 
6,104

Other comprehensive income (loss)
 
3,853

 
(11
)
 
(2,031
)
 
7,572

 
9,383

Balance, end of period
 
$
(39,670
)
 
$
(1,182
)
 
$
(1,488
)
 
$
(538,438
)
 
$
(580,778
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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 expense
 
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
)
 
 
Nine months ended September 25, 2016
 
 
Foreign currency translation adjustments
 
Marketable securities
 
Derivative financial instruments
 
Pension and postretirement benefit plans
 
Total
Balance, beginning of period
 
$
(58,844
)
 
$
(1,094
)
 
$
5,886

 
$
(561,153
)
 
$
(615,205
)
Other comprehensive income (loss) before reclassifications
 
20,661

 
(140
)
 
(5,475
)
 
—

 
15,046

Income tax (benefit) expense
 
(1,487
)
 
52

 
2,028

 
—

 
593

Net other comprehensive income (loss) before reclassifications
 
19,174

 
(88
)
 
(3,447
)
 
—

 
15,639

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

 
—

 
(6,806
)
 
—

 
(6,806
)
Realized (gains) losses - commodities contracts(a)
 
—

 
—

 
298

 
—

 
298

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

 
—

 
271

 
—

 
271

Prior service credits(b)
 
—

 
—

 
—

 
(1,338
)
 
(1,338
)
Actuarial losses(b)
 
—

 
—

 
—

 
37,416

 
37,416

Total reclassifications before tax
 
—

 
—

 
(6,237
)
 
36,078

 
29,841

Income tax expense (benefit)
 
—

 
—

 
2,310

 
(13,363
)
 
(11,053
)
Net reclassifications
 
—

 
—

 
(3,927
)
 
22,715

 
18,788

Other comprehensive income (loss)
 
19,174

 
(88
)
 
(7,374
)
 
22,715

 
34,427

Balance, end of period
 
$
(39,670
)
 
$
(1,182
)
 
$
(1,488
)
 
$
(538,438
)
 
$
(580,778
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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 expense (benefit)
 
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
)

(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 cost. See Note 16 for information related to pension and postretirement benefit plans.
(c)
Amounts reclassified to net income are included in interest expense.