Components of Accumulated Other Comprehensive (Loss) Income (Tables)

6 Months Ended

Jun. 30, 2023

Equity [Abstract]

Changes in Accumulated Other Comprehensive (Loss) Income

The following table details changes in amounts included in our Accumulated Other Comprehensive Income (Loss) (AOCI) by component on our Condensed Consolidated Balance Sheets, net of tax:

	Three Months Ended June 30,						Six Months Ended June 30,
(in thousands)	2023			2022			2023			2022
Pension and Other Postretirement Employee Benefits
Balance at beginning of period	$	(28,625	)	$	(43,889	)	$	(28,494	)	$	(51,369	)
Unrecognized gains (losses) arising in AOCI during the period:
Gross		—			—			—			(6,157	)
Tax effect		—			—			—			1,570
Reclassifications from AOCI to earnings:
Pension settlement1		—			—			—			14,165
Other1		(176	)		1,227			(352	)		3,260
Tax effect		43			(312	)		88			(4,443	)
Net of tax amount		(133	)		915			(264	)		8,395
Other reclassifications		(211	)		—			(211	)		—
Balance at end of period		(28,969	)		(42,974	)		(28,969	)		(42,974	)
Cash Flow Hedges
Balance at beginning of period		108,811			51,407			126,146			8,131
Unrecognized gains arising in AOCI during the period:
Gross		22,754			43,935			8,873			87,427
Tax effect		(462	)		(2,757	)		(172	)		(4,919	)
Reclassifications from AOCI to earnings:
Gross2		(4,726	)		1,411			(8,563	)		3,444
Tax effect		108			(60	)		201			(147	)
Net of tax amount		17,674			42,529			339			85,805
Other reclassifications		45			—			45			—
Balance at end of period		126,530			93,936			126,530			93,936
Accumulated other comprehensive income, end of period	$	97,561		$	50,962		$	97,561		$	50,962

1 Included in the computation of net periodic pension costs.

2 Included in Interest expense, net on the Condensed Consolidated Statement of Operations.