Accumulated Other Comprehensive Loss

6 Months Ended

Jun. 28, 2020

Equity [Abstract]

Accumulated Other Comprehensive Loss

Accumulated Other Comprehensive Loss

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

	Three months ended June 28, 2020
	Foreign currency translation adjustments		Derivative financial instruments		Pension and postretirement benefit plans		Total
Balance, beginning of period	$	(75,268)	$	(34,431)	$	(469,591)	$	(579,290)
Other comprehensive income, before reclassifications	22,056		30,329		—		52,385
Income tax expense	(613)		(6,686)		—		(7,299)
	21,443		23,643		—		45,086
Reclassifications:
Net gains on derivative financial instruments	—		(38,592)		—		(38,592)
Prior service credits(a)	—		—		(867)		(867)
Actuarial losses(a)	—		—		16,495		16,495
Reclassifications before tax	—		(38,592)		15,628		(22,964)
Income tax benefit (expense)	—		8,640		(3,670)		4,970
	—		(29,952)		11,958		(17,994)
Other comprehensive income (loss)	21,443		(6,309)		11,958		27,092
Balance, end of period	$	(53,825)	$	(40,740)	$	(457,633)	$	(552,198)

	Three months ended June 30, 2019
	Foreign currency translation adjustments		Derivative financial instruments		Pension and postretirement benefit plans		Total
Balance, beginning of period	$	(49,277)	$	1,344	$	(574,118)	$	(622,051)
Other comprehensive income (loss), before reclassifications	11,152		(8,791)		—		2,361
Income tax benefit	118		1,990		—		2,108
	11,270		(6,801)		—		4,469
Reclassifications:
Net gains on derivative financial instruments	—		(6,708)		—		(6,708)
Prior service credits(a)	—		—		(1,078)		(1,078)
Actuarial losses(a)	—		—		11,197		11,197
Reclassifications before tax	—		(6,708)		10,119		3,411
Income tax benefit (expense)	—		1,586		(2,376)		(790)
	—		(5,122)		7,743		2,621
Other comprehensive income (loss)	11,270		(11,923)		7,743		7,090
Balance, end of period	$	(38,007)	$	(10,579)	$	(566,375)	$	(614,961)