Components of Accumulated Other Comprehensive Income (Tables)

9 Months Ended

Sep. 30, 2023

Equity [Abstract]

Changes in Accumulated Other Comprehensive Income

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

	Three Months Ended September 30,						Nine Months Ended September 30,
(in thousands)	2023			2022			2023			2022
Pension and Other Postretirement Employee Benefits
Balance at beginning of period	$	(28,969	)	$	(42,974	)	$	(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		(177	)		1,228			(529	)		4,488
Tax effect		45			(314	)		133			(4,757	)
Net of tax amount		(132	)		914			(396	)		9,309
Other reclassifications		—			—			(211	)		—
Balance at end of period		(29,101	)		(42,060	)		(29,101	)		(42,060	)
Cash Flow Hedges
Balance at beginning of period		126,530			93,936			126,146			8,131
Unrecognized gains arising in AOCI during the period:
Gross		34,334			28,802			43,207			116,229
Tax effect		(727	)		4,098			(899	)		(821	)
Reclassifications from AOCI to earnings:
Gross2		(5,266	)		(170	)		(13,829	)		3,274
Tax effect		123			(5	)		324			(152	)
Net of tax amount		28,464			32,725			28,803			118,530
Other reclassifications		—			—			45			—
Balance at end of period		154,994			126,661			154,994			126,661
Accumulated other comprehensive income, end of period	$	125,893		$	84,601		$	125,893		$	84,601

1 Included in the computation of net periodic pension costs.

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