Schedule of Accumulated Other Comprehensive Income (Loss) |
The following table presents the changes in accumulated other comprehensive loss by component for the years ended December 31, 2022, 2021 and 2020 (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Changes related to cash flow derivative hedges | | Changes in defined benefit plans | | Foreign currency translation adjustments | | Accumulated other comprehensive (loss) income | | | | | | | | | | Accumulated comprehensive loss at January 1, 2020 | | $ | (688,529) | | | $ | (45,558) | | | $ | (63,626) | | | $ | (797,713) | | Other comprehensive income (loss) before reclassifications | | (41,109) | | | (22,051) | | | (28,698) | | | (91,858) | | Amounts reclassified from accumulated other comprehensive loss | | 79,119 | | | 2,067 | | | 69,044 | | | 150,230 | | Net current-period other comprehensive income (loss) | | 38,010 | | | (19,984) | | | 40,346 | | | 58,372 | | | | | | | | | | | Accumulated comprehensive loss at January 1, 2021 | | (650,519) | | | (65,542) | | | (23,280) | | | (739,341) | | Other comprehensive income (loss) before reclassifications | | (16,667) | | | 4,790 | | | 15,703 | | | 3,826 | | Amounts reclassified from accumulated other comprehensive loss | | 20,713 | | | 3,917 | | | — | | | 24,630 | | Net current-period other comprehensive (loss) income | | 4,046 | | | 8,707 | | | 15,703 | | | 28,456 | | | | | | | | | | | Accumulated comprehensive loss at January 1, 2022 | | (646,473) | | | (56,835) | | | (7,577) | | | (710,885) | | Other comprehensive (loss) income before reclassifications | | 171,040 | | | 45,599 | | | 10,295 | | | 226,934 | | Amounts reclassified from accumulated other comprehensive loss | | (162,578) | | | 3,315 | | | — | | | (159,263) | | Net current-period other comprehensive (loss) income | | 8,462 | | | 48,914 | | | 10,295 | | | 67,671 | | | | | | | | | | | Accumulated comprehensive loss at December 31, 2022 | | $ | (638,011) | | | $ | (7,921) | | | $ | 2,718 | | | $ | (643,214) | |
|
Reclassification out of Accumulated Other Comprehensive Income |
The following table presents reclassifications out of accumulated other comprehensive loss for the years ended December 31, 2022, 2021 and 2020 (in thousands):
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss into (Loss) Income | Details about Accumulated Other Comprehensive Loss Components | | Year Ended December 31, 2022 | | Year Ended December 31, 2021 | | Year Ended December 31, 2020 | | Affected Line Item in Statements of Comprehensive Income (Loss) | Gain (loss) on cash flow derivative hedges: | | | | | | | | | Interest rate swaps | | $ | (12,635) | | | $ | (43,185) | | | $ | (25,267) | | | Interest expense, net of interest capitalized | Foreign currency forward contracts | | (17,085) | | | (15,359) | | | (14,679) | | | Depreciation and amortization expenses | Foreign currency forward contracts | | (2,703) | | | (2,797) | | | (7,315) | | | Other (expense) income | Fuel swaps | | (360) | | | (409) | | | 3,549 | | | Other (expense) income | Fuel swaps | | 195,361 | | | 41,037 | | | (35,407) | | | Fuel | | | 162,578 | | | (20,713) | | | (79,119) | | | | Amortization of defined benefit plans: | | | | | | | | | Actuarial loss | | (3,315) | | | (3,917) | | | (2,067) | | | Payroll and related | | | (3,315) | | | (3,917) | | | (2,067) | | | | Release of foreign cumulative translation due to sale or liquidation of businesses: | | | | | | | | | Foreign cumulative translation | | — | | | — | | | (69,044) | | | Other operating | Total reclassifications for the period | | $ | 159,263 | | | $ | (24,630) | | | $ | (150,230) | | | |
|