XML 39 R27.htm IDEA: XBRL DOCUMENT v3.5.0.2
Changes in Accumulated Other Comprehensive Income (Loss) by Component (Tables)
 6 Months Ended
Jun. 30, 2016
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Changes in Accumulated Other Comprehensive Income (Loss) By Component
The following table sets forth the changes in accumulated other comprehensive income (loss), net of tax, by component for the six month periods ended June 30, 2016 and 2015:
 
Gains and Losses on Cash Flow Hedges
 
Pension and Other Postretirement Benefit Items
 
Foreign Currency Items
 
Total
January 1, 2016
$
115

 
$
(105,703
)
 
$
(37,664
)
 
$
(143,252
)
Other comprehensive (loss) income before reclassifications to consolidated statements of income
(571
)
 
53

 
1,110

 
592

Amounts reclassified from accumulated other comprehensive income to the consolidated statements of income
141

 
3,644

 
—

 
3,785

Net current-period other comprehensive (loss) income
(430
)
 
3,697

 
1,110

 
4,377

June 30, 2016
$
(315
)
 
$
(102,006
)
 
$
(36,554
)
 
$
(138,875
)


 
Gains and Losses on Cash Flow Hedges
 
Pension and Other Postretirement Benefit Items
 
Foreign Currency Items
 
Total
January 1, 2015
$
(732
)
 
$
(115,289
)
 
$
16,568

 
$
(99,453
)
Other comprehensive (loss) income before reclassifications to consolidated statements of income
(249
)
 
355

 
(16,125
)
 
(16,019
)
Amounts reclassified from accumulated other comprehensive income to the consolidated statements of income
550

 
5,096

 
—

 
5,646

Net current-period other comprehensive income (loss)
301

 
5,451

 
(16,125
)
 
(10,373
)
June 30, 2015
$
(431
)
 
$
(109,838
)
 
$
443

 
$
(109,826
)
Schedule of Amounts Reclassified Out of Accumulated Other Comprehensive Income (Loss) to the Consolidated Statements of Income
The following table sets forth the reclassifications out of accumulated other comprehensive income (loss) by component for the three- and six- month periods ended June 30, 2016 and 2015:

Details about Accumulated Other Comprehensive Income (Loss) Components
 
Amount Reclassified from Accumulated Other Comprehensive Income (Loss)
Affected Line Item in the Consolidated Statements of Income
 
 
Three months ended June 30, 2016
 
Three months ended June 30, 2015
 
 
Gains and losses on cash flow hedges
 
 
 
 
 
 
     Interest rate contracts
 
$
(149
)
 
$
(214
)
 
Interest expense
     Foreign exchange contracts
 
55

 
(116
)
 
Net sales
 
 
(94
)
 
(330
)
 
Total before tax
 
 
43

 
106

 
Tax benefit
 
 
(51
)
 
(224
)
 
Net of tax
 
 
 
 
 
 
 
Pension and other postretirement benefit items
 
 
 
 
 
 
     Amortization of prior-service credits, net
 
$
39

 
$
64

 
(A)
Amortization of actuarial losses
 
(2,947
)
 
(4,300
)
 
(A)
 
 
(2,908
)
 
(4,236
)
 
Total before tax
 
 
1,018

 
1,421

 
Tax benefit
 
 
(1,890
)
 
(2,815
)
 
Net of tax
 
 
 
 
 
 
 
Total reclassifications in the period
 
$
(1,941
)
 
$
(3,039
)
 
 

(A) These accumulated other comprehensive income (loss) components are included within the computation of net periodic pension cost. See Note 8.

Details about Accumulated Other Comprehensive Income (Loss) Components
 
Amount Reclassified from Accumulated Other Comprehensive Income (Loss)
Affected Line Item in the Consolidated Statements of Income
 
 
Six months ended June 30, 2016
 
Six months ended June 30, 2015
 
 
Gains and losses on cash flow hedges
 
 
 
 
 
 
     Interest rate contracts
 
$
(300
)
 
$
(429
)
 
Interest expense
     Foreign exchange contracts
 
60

 
(360
)
 
Net sales
 
 
(240
)
 
(789
)
 
Total before tax
 
 
99

 
239

 
Tax benefit
 
 
(141
)
 
(550
)
 
Net of tax
 
 
 
 
 
 
 
Pension and other postretirement benefit items
 
 
 
 
 
 
     Amortization of prior-service credits, net
 
$
82

 
$
127

 
(A)
Amortization of actuarial losses
 
(5,679
)
 
(7,990
)
 
(A)
 
 
(5,597
)
 
(7,863
)
 
Total before tax
 
 
1,953

 
2,767

 
Tax benefit
 
 
(3,644
)
 
(5,096
)
 
Net of tax
 
 
 
 
 
 
 
Total reclassifications in the period
 
$
(3,785
)
 
$
(5,646
)
 
 

(A) These accumulated other comprehensive income (loss) components are included within the computation of net periodic pension cost. See Note 8.