Accumulated Other Comprehensive Earnings (Loss)

6 Months Ended

Jun. 30, 2018

Accumulated Other Comprehensive Earnings (Loss)

Accumulated Other Comprehensive Earnings (Loss)

Note 7 — Accumulated Other Comprehensive Earnings (Loss)

Accumulated Other Comprehensive Earnings (Loss) consists of the following components:

											Accumulated
	Foreign				Foreign				Postretirement		Other
	Currency				Currency		Commodity		and Pension		Comprehensive
	Translation		Investments		Derivatives		Derivatives		Benefits		Earnings (Loss)
Balance at December 31, 2017	$	(24,262)	$	(889)	$	51	$	20	$	3,289	$	(21,791)
Other comprehensive earnings (loss) before reclassifications		(62)		(970)		(9)		(1,393)		-		(2,434)
Reclassifications from accumulated other comprehensive loss		-		-		(51)		684		(502)		131
Other comprehensive earnings (loss) net of tax		(62)		(970)		(60)		(709)		(502)		(2,303)
Adoption of ASU 2018-02 (See Note 1)		-		(168)		9		4		748		593
Balance at June 30, 2018	$	(24,324)	$	(2,027)	$	-	$	(685)	$	3,535	$	(23,501)
											Accumulated
	Foreign				Foreign				Postretirement		Other
	Currency				Currency		Commodity		and Pension		Comprehensive
	Translation		Investments		Derivatives		Derivatives		Benefits		Earnings (Loss)
Balance at December 31, 2016	$	(25,460)	$	(697)	$	(76)	$	1,114	$	4,873	$	(20,246)
Other comprehensive earnings (loss) before reclassifications		3,091		242		95		(1,213)		4		2,219
Reclassifications from accumulated other comprehensive loss		-		-		34		(122)		(466)		(554)
Other comprehensive earnings (loss) net of tax		3,091		242		129		(1,335)		(462)		1,665
Balance at June 30, 2017	$	(22,369)	$	(455)	$	53	$	(221)	$	4,411	$	(18,581)

The amounts reclassified from accumulated other comprehensive income (loss) consisted of the following:

Details about Accumulated Other	Quarter Ended				Year to Date Ended				Location of (Gain) Loss
Comprehensive Income Components	June 30,2018		June 30,2017		June 30,2018		June 30,2017		Recognized in Earnings
Foreign currency derivatives	$	(20)	$	29	$	(67)	$	54	Other income, net
Commodity derivatives		568		956		902		(191)	Product cost of goods sold
Postretirement and pension benefits		(331)		(366)		(662)		(731)	Other income, net
Total before tax		217		619		173		(868)
Tax (expense) benefit		(52)		(224)		(42)		314
Net of tax	$	165	$	395	$	131	$	(554)