Changes in Accumulated Other Comprehensive Income (Loss) by Component

9 Months Ended

Sep. 30, 2022

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Changes in Accumulated Other Comprehensive Income (Loss) by Component

The following tables set forth the changes in accumulated other comprehensive income (loss), net of tax, by component for the nine month periods ended September 30, 2022 and 2021:


	Gains and Losses on Cash Flow Hedges		Pension and Other Postretirement Benefit Items		Foreign Currency Items		Total
December 31, 2021	$	160	$	(112,307)	$	(39,691)	$	(151,838)
Other comprehensive income (loss) before reclassifications	5,765		(5,945)		(145,238)		(145,418)
Amounts reclassified from accumulated other comprehensive income to the consolidated statements of income	28		8,059		—		8,087
Net current-period other comprehensive income (loss)	5,793		2,114		(145,238)		(137,331)
September 30, 2022	$	5,953	$	(110,193)	$	(184,929)	$	(289,169)


	Gains and Losses on Cash Flow Hedges		Pension and Other Postretirement Benefit Items		Foreign Currency Items		Total
December 31, 2020	$	(757)	$	(142,119)	$	20,561	$	(122,315)
Other comprehensive (loss) income before reclassifications	(1,115)		614		(51,669)		(52,170)
Amounts reclassified from accumulated other comprehensive income to the consolidated statements of income	627		9,551		—		10,178
Net current-period other comprehensive (loss) income	(488)		10,165		(51,669)		(41,992)

September 30, 2021	$	(1,245)	$	(131,954)	$	(31,108)	$	(164,307)

The following table sets forth the reclassifications out of accumulated other comprehensive loss by component for the three month periods ended September 30, 2022 and 2021:


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 September 30, 2022		Three Months Ended September 30, 2021
Cash flow hedges
Interest rate contracts	$	266	$	(468)	Interest expense
Foreign exchange contracts	(45)		219		Net sales
	221		(249)		Total before tax
	(53)		75		Tax benefit
	168		(174)		Net of tax

Pension and other postretirement benefit items
Amortization of prior service costs	$	(106)	$	(90)	(A)
Amortization of actuarial losses	(3,097)		(4,053)		(A)
Curtailment loss	(450)		—		(A)

	(3,653)		(4,143)		Total before tax
	859		972		Tax benefit
	(2,794)		(3,171)		Net of tax

Total reclassifications in the period	$	(2,626)	$	(3,345)

The following table sets forth the reclassifications out of accumulated other comprehensive loss by component for the nine month periods ended September 30, 2022 and 2021:


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
	Nine Months Ended September 30, 2022		Nine Months Ended September 30, 2021
Cash flow hedges
Interest rate contracts	$	6	(1,377)		Interest expense
Foreign exchange contracts	(42)		517		Net sales
	(36)		(860)		Total before tax
	8		233		Tax benefit
	(28)		(627)		Net of tax

Pension and other postretirement benefit items
Amortization of prior service costs	$	(331)	$	(270)	(A)
Amortization of actuarial losses	(9,753)		(12,199)		(A)
Curtailment loss	(450)		—		(A)

	(10,534)		(12,469)		Total before tax
	2,475		2,918		Tax benefit
	(8,059)		(9,551)		Net of tax

Total reclassifications in the period	$	(8,087)	$	(10,178)

(A) These accumulated other comprehensive income (loss) components are included within the computation of net periodic Pension and Other Postretirement Benefits cost. See Note 11.