Components of Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2022

Equity [Abstract]

Components of Accumulated Other Comprehensive Loss

NOTE 16. COMPONENTS OF ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following tables detail the changes in our Accumulated Other Comprehensive Income (Loss) (AOCI) on our Consolidated Balance Sheets for the years ended December 31, 2022 and 2021, net of tax.

(in thousands)	2022			2021
Pension Plans
Balance at beginning of period	$	(49,579	)	$	(79,025	)
Net gain arising during the period		1,857			19,147
Effect of pension settlement		10,553			—
Amounts reclassified from AOCI to earnings		4,077			10,299
Balance at end of period		(33,092	)		(49,579	)
Other Postretirement Benefit Plans
Balance at beginning of period		(1,790	)		(14,783	)
Net gain arising during the period		6,208			12,378
Amounts reclassified from AOCI to earnings		180			615
Balance at end of period		4,598			(1,790	)
Cash Flow Hedges
Balance at beginning of period		8,131			(27,181	)
Net gain arising during the period		116,774			26,206
Amounts reclassified from AOCI to earnings		1,241			9,106
Balance at end of period		126,146			8,131
Accumulated other comprehensive income (loss), end of period	$	97,652		$	(43,238	)

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