Accumulated Other Comprehensive Loss

3 Months Ended

Mar. 29, 2020

Changes in Accumulated other comprehensive loss were as follows (in thousands):


	Three months ended March 29, 2020
	Foreign currency translation adjustments		Derivative financial instruments		Pension and postretirement benefit plans		Total
Balance, beginning of period	$	(40,813)	$	(14,586)	$	(481,550)	$	(536,949)
Other comprehensive loss, before reclassifications	(35,821)		(38,172)		—		(73,993)
Income tax benefit	1,366		8,267		—		9,633
	(34,455)		(29,905)		—		(64,360)
Reclassifications:

Net loss on derivative financial instruments	—		12,881		—		12,881
Prior service credits^(a)	—		—		(867)		(867)
Actuarial losses^(a)	—		—		16,495		16,495
Reclassifications before tax	—		12,881		15,628		28,509
Income tax expense	—		(2,821)		(3,669)		(6,490)
	—		10,060		11,959		22,019
Other comprehensive (loss) income	(34,455)		(19,845)		11,959		(42,341)
Balance, end of period	$	(75,268)	$	(34,431)	$	(469,591)	$	(579,290)


	Three months ended March 31, 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 income, before reclassifications	606		1,177		—		1,783
Income tax expense	(275)		(314)		—		(589)
	331		863		—		1,194
Reclassifications:

Net gain on derivative financial instruments	—		(1,715)		—		(1,715)
Prior service credits^(a)	—		—		(1,078)		(1,078)
Actuarial losses^(a)	—		—		11,197		11,197
Reclassifications before tax	—		(1,715)		10,119		8,404
Income tax benefit (expense)	—		411		(2,376)		(1,965)
	—		(1,304)		7,743		6,439
Other comprehensive income (loss)	331		(441)		7,743		7,633
Balance, end of period	$	(49,277)	$	1,344	$	(574,118)	$	(622,051)

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