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Changes in Accumulated Other Comprehensive Income by Component
 6 Months Ended
Jun. 30, 2014
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Changes in Accumulated Other Comprehensive Income by Component
Changes in Accumulated Other Comprehensive Income by Component

The following table sets forth the changes in accumulated other comprehensive income, net of tax, by component for the three-and six- month periods ended June 30, 2014 and June 30, 2013:
 
Gains and Losses on Cash Flow Hedges
 
Pension and Other Postretirement Benefit Items
 
Foreign Currency Items
 
Total
January 1, 2014
$
(519
)
 
$
(73,273
)
 
$
99,736

 
$
25,944

Other comprehensive loss before reclassifications to consolidated statements of income
(820
)
 
(8,133
)
 
(10,560
)
 
(19,513
)
Amounts reclassified from accumulated other comprehensive income to the consolidated statements of income
291

 
3,752

 
—

 
4,043

Net current-period other comprehensive loss
(529
)
 
(4,381
)
 
(10,560
)
 
(15,470
)
June 30, 2014
$
(1,048
)
 
$
(77,654
)
 
$
89,176

 
$
10,474



 
Gains and Losses on Cash Flow Hedges
 
Pension and Other Postretirement Benefit Items
 
Foreign Currency Items
 
Total
January 1, 2013
$
(432
)
 
$
(146,441
)
 
$
80,121

 
$
(66,752
)
Other comprehensive income (loss) before reclassifications to consolidated statements of income
500

 
13,537

 
(15,672
)
 
(1,635
)
Amounts reclassified from accumulated other comprehensive income to the consolidated statements of income
(154
)
 
4,402

 
4,143

 
8,391

Net current-period other comprehensive income (loss)
346

 
17,939

 
(11,529
)
 
6,756

June 30, 2013
$
(86
)
 
$
(128,502
)
 
$
68,592

 
$
(59,996
)


The following table sets forth the reclassifications out of accumulated other comprehensive income by component for the three- and six- month periods ended June 30, 2014 and June 30, 2013:
Details about Accumulated Other Comprehensive Income Components
 
Amount Reclassified from Accumulated Other Comprehensive Income
Affected Line Item in the Consolidated Statements of Income
 
 
Three months ended June 30, 2014
 
Three months ended June 30, 2013
 
 
Gains and losses on cash flow hedges
 
 
 
 
 

     Interest rate contracts
 
$
(222
)
 
$
(212
)
 
Interest expense
     Foreign exchange contracts
 
(42
)
 
243

 
Net sales
 
 
(264
)
 
31

 
Total before tax
 
 
92

 
26

 
Tax benefit
 
 
(172
)
 
57

 
Net of tax
 
 
 
 
 
 
 
Pension and other postretirement benefit items
 
 
 
 
 
 
     Amortization of prior-service credits (costs), net
 
61

 
$
(14
)
 
(A)
Amortization of actuarial losses
 
(2,537
)
 
(4,449
)
 
(A)
Curtailment gain
 
—

 
3,081

 
(A)
Settlement loss
 
(582
)
 
(637
)
 
(A)
 
 
(3,058
)
 
(2,019
)
 
Total before tax
 
 
855

 
415

 
Tax benefit
 
 
(2,203
)
 
(1,604
)
 
Net of tax
 
 
 
 
 
 
 
Foreign currency items
 
 
 
 
 
 
Charge to cumulative translation adjustment (sale of BDNA)
 
$
—

 
$
(4,143
)
 
Income from discontinued operations
 
 
—

 
—

 
Tax benefit
 
 
—

 
(4,143
)
 
Net of tax
Total reclassifications in the period
 
$
(2,375
)
 
$
(5,690
)
 
 

(A) These accumulated other comprehensive income components are included within the computation of net periodic pension cost. See Note 11.


Details about Accumulated Other Comprehensive Income Components
 
Amount Reclassified from Accumulated Other Comprehensive Income
Affected Line Item in the Consolidated Statements of Income
 
 
Six months ended June 30, 2014
 
Six months ended June 30, 2013
 
 
Gains and losses on cash flow hedges
 
 
 
 
 
 
     Interest rate contracts
 
$
(439
)
 
$
(411
)
 
Interest expense
     Foreign exchange contracts
 
(20
)
 
527

 
Net sales
 
 
(459
)
 
116

 
Total before tax
 
 
168

 
38

 
Tax benefit
 
 
(291
)
 
154

 
Net of tax
 
 
 
 
 
 
 
Pension and other postretirement benefit items
 
 
 
 
 
 
     Amortization of prior service credits, net
 
$
101

 
$
178

 
(A)
Amortization of actuarial losses
 
(4,715
)
 
(8,814
)
 
(A)
Curtailment (loss) gain (net)
 
(223
)
 
2,882

 
(A)
Settlement loss
 
(582
)
 
(637
)
 
(A)
 
 
(5,419
)
 
(6,391
)
 
Total before tax
 
 
1,667

 
1,989

 
Tax benefit
 
 
(3,752
)
 
(4,402
)
 
Net of tax
 
 
 
 
 
 
 
Foreign currency items
 
 
 
 
 
 
Charge to cumulative translation adjustment (sale of BDNA)
 
$
—

 
$
(4,143
)
 
Income from discontinued operations
 
 
—

 
—

 
Tax benefit
 
 
—

 
(4,143
)
 
Net of tax
Total reclassifications in the period
 
$
(4,043
)
 
$
(8,391
)
 
 

(A) These accumulated other comprehensive income components are included within the computation of net periodic pension cost. See Note 11.