Components of Accumulated Other Comprehensive Loss

12 Months Ended

Dec. 31, 2021

Equity [Abstract]

Components of Accumulated Other Comprehensive Loss

NOTE 16. COMPONENTS OF ACCUMULATED OTHER COMPREHENSIVE LOSS

The following tables detail the changes in our Accumulated Other Comprehensive Loss (AOCL) on our Consolidated Balance Sheets for the years ended December 31, 2021 and 2020, net of tax.

(in thousands)	2021			2020
Pension Plans
Balance at beginning of period	$	79,025		$	117,028
Net (gain) loss arising during the period		(19,147	)		5,306
Effect of pension settlement		-			(31,811	)
Amounts reclassified from AOCL to earnings		(10,299	)		(11,498	)
Balance at end of period		49,579			79,025
Other Postretirement Benefit Plans
Balance at beginning of period		14,783			10,331
Net (gain) loss arising during the period		(12,378	)		4,747
Amounts reclassified from AOCL to earnings		(615	)		(295	)
Balance at end of period		1,790			14,783
Cash Flow Hedges
Balance at beginning of period		27,181			20,000
Net (gain) loss arising during the period		(26,206	)		14,632
Amounts reclassified from AOCL to earnings		(9,106	)		(7,451	)
Balance at end of period		(8,131	)		27,181
Accumulated other comprehensive loss, end of period	$	43,238		$	120,989

See Note 10: Derivative Instruments and Note 15: Savings Plans, Pension and Other Postretirement Employee Benefits for additional information.