Accumulated Other Comprehensive Loss

9 Months Ended

Sep. 29, 2019

The following tables set forth the changes in Accumulated other comprehensive loss (AOCL) (in thousands):



	Three months ended September 29, 2019
	Foreign currency translation adjustments			Derivative financial instruments			Pension and postretirement benefit plans			Total
Balance, beginning of period	$	(38,007	)	$	(10,579	)	$	(566,375	)	$	(614,961	)
Other comprehensive (loss) income before reclassifications	(15,451		)	12,412			—			(3,039		)
Income tax benefit (expense)	130			(2,923		)	—			(2,793		)
	(15,321		)	9,489			—			(5,832		)
Reclassifications:
Net gain on derivative instruments	—			(4,211		)	—			(4,211		)
Prior service credits^(a)	—			—			(1,078		)	(1,078		)
Actuarial losses^(a)	—			—			11,197			11,197
Reclassifications before tax	—			(4,211		)	10,119			5,908
Income tax benefit (expense)	—			1,006			(2,375		)	(1,369		)
	—			(3,205		)	7,744			4,539
Other comprehensive (loss) income	(15,321		)	6,284			7,744			(1,293		)
Balance, end of period	$	(53,328	)	$	(4,295	)	$	(558,631	)	$	(616,254	)

	Three months ended September 30, 2018
	Foreign currency translation adjustments			Derivative financial instruments			Pension and postretirement benefit plans			Total
Balance, beginning of period	$	(41,419	)	$	7,431		$	(362,776	)	$	(396,764	)
Other comprehensive (loss) income before reclassifications	(2,037		)	5,051			—			3,014
Income tax expense	(175		)	(1,180		)	—			(1,355		)
	(2,212		)	3,871			—			1,659
Reclassifications:
Net gain on derivative instruments	—			(4,911		)	—			(4,911		)
Prior service credits^(a)	—			—			(565		)	(565		)
Actuarial losses^(a)	—			—			16,772			16,772
Reclassifications before tax	—			(4,911		)	16,207			11,296
Income tax benefit (expense)	—			1,163			(3,806		)	(2,643		)
	—			(3,748		)	12,401			8,653
Other comprehensive (loss) income	(2,212		)	123			12,401			10,312
Balance, end of period	$	(43,631	)	$	7,554		$	(350,375	)	$	(386,452	)



	Nine months ended September 29, 2019
	Foreign currency translation adjustments			Derivative financial instruments			Pension and postretirement benefit plans			Total
Balance, beginning of period	$	(49,608	)	$	1,785		$	(581,861	)	$	(629,684	)
Other comprehensive (loss) income before reclassifications	(3,693		)	4,798			—			1,105
Income tax expense	(27		)	(1,247		)	—			(1,274		)
	(3,720		)	3,551			—			(169		)
Reclassifications:
Net gain on derivative instruments	—			(12,634		)	—			(12,634		)
Prior service credits^(a)	—			—			(3,234		)	(3,234		)
Actuarial losses^(a)	—			—			33,591			33,591
Reclassifications before tax	—			(12,634		)	30,357			17,723
Income tax benefit (expense)	—			3,003			(7,127		)	(4,124		)
	—			(9,631		)	23,230			13,599
Other comprehensive (loss) income	(3,720		)	(6,080		)	23,230			13,430
Balance, end of period	$	(53,328	)	$	(4,295	)	$	(558,631	)	$	(616,254	)



	Nine months ended September 30, 2018
	Foreign currency translation adjustments			Derivative financial instruments			Pension and postretirement benefit plans			Total
Balance, beginning of period	$	(21,852	)	$	(17,254	)	$	(460,943	)	$	(500,049	)
Other comprehensive (loss) income before reclassifications	(21,604		)	30,939			96,374			105,709
Income tax expense	(175		)	(7,269		)	(22,629		)	(30,073		)
	(21,779		)	23,670			73,745			75,636
Reclassifications:
Net loss on derivative instruments	—			1,467			—			1,467
Prior service credits^(a)	—			—			(1,696		)	(1,696		)
Actuarial losses^(a)	—			—			49,817			49,817
Reclassifications before tax	—			1,467			48,121			49,588
Income tax expense	—			(329		)	(11,298		)	(11,627		)
	—			1,138			36,823			37,961
Other comprehensive (loss) income	(21,779		)	24,808			110,568			113,597
Balance, end of period	$	(43,631	)	$	7,554		$	(350,375	)	$	(386,452	)

(a)

Amounts reclassified are included in the computation of net periodic benefit cost, discussed further in Note 16