Accumulated Other Comprehensive Loss (Tables)

6 Months Ended

Jun. 28, 2020

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)


	Six months ended June 28, 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	(13,765)		(7,843)		—		(21,608)
Income tax benefit	753		1,582		—		2,335
	(13,012)		(6,261)		—		(19,273)
Reclassifications:

Net gains on derivative financial instruments	—		(25,711)		—		(25,711)
Prior service credits^(a)	—		—		(1,734)		(1,734)
Actuarial losses^(a)	—		—		32,990		32,990
Reclassifications before tax	—		(25,711)		31,256		5,545
Income tax benefit (expense)	—		5,818		(7,339)		(1,521)
	—		(19,893)		23,917		4,024
Other comprehensive (loss) income	(13,012)		(26,154)		23,917		(15,249)
Balance, end of period	$	(53,825)	$	(40,740)	$	(457,633)	$	(552,198)


	Six months ended June 30, 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 (loss), before reclassifications	11,758		(7,614)		—		4,144
Income tax (expense) benefit	(157)		1,676		—		1,519
	11,601		(5,938)		—		5,663
Reclassifications:

Net gains on derivative financial instruments	—		(8,423)		—		(8,423)
Prior service credits^(a)	—		—		(2,156)		(2,156)
Actuarial losses^(a)	—		—		22,394		22,394
Reclassifications before tax	—		(8,423)		20,238		11,815
Income tax benefit (expense)	—		1,997		(4,752)		(2,755)
	—		(6,426)		15,486		9,060
Other comprehensive income (loss)	11,601		(12,364)		15,486		14,723
Balance, end of period	$	(38,007)	$	(10,579)	$	(566,375)	$	(614,961)

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