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Other Comprehensive Earnings
 6 Months Ended
Jun. 30, 2015
Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Other Comprehensive Earnings
15. Other Comprehensive (Loss) Earnings

The amounts recognized in other comprehensive (loss) earnings were as follows:
 
Three Months Ended
 
Three Months Ended
 
June 30, 2015
 
June 30, 2014
 
Pre-tax
 
Tax
 
Net of tax
 
Pre-tax
 
Tax
 
Net of tax
Foreign currency translation adjustments (1)
$
33,058

 
$
3,392

 
$
36,450

 
$
13,274

 
$
(2,303
)
 
$
10,971

Pension and other postretirement benefit plans
5,775

 
(1,958
)
 
3,817

 
4,341

 
(1,506
)
 
2,835

Changes in fair value of cash flow hedges
(364
)
 
127

 
(237
)
 
45

 
(16
)
 
29

Other
317

 
(40
)
 
277

 
873

 
(128
)
 
745

Total other comprehensive earnings (loss)
$
38,786

 
$
1,521

 
$
40,307

 
$
18,533

 
$
(3,953
)
 
$
14,580


(1)
Foreign currency translation adjustments for the three months ended June 30, 2015 include pre-tax losses of $9,691 on the Company's net investment hedges, which resulted in a tax benefit of $3,392 reflected in other comprehensive income. The three months ended June 30, 2014 reflect gains of $6,578 on these hedges, which resulted in a tax expense of $2,303 included in other comprehensive income. See also Note 10 Financial Instruments.
 
Six Months Ended
 
Six Months Ended
 
June 30, 2015
 
June 30, 2014
 
Pre-tax
 
Tax
 
Net of tax
 
Pre-tax
 
Tax
 
Net of tax
Foreign currency translation adjustments (2)
$
(39,145
)
 
$
(8,514
)
 
$
(47,659
)
 
$
(5,232
)
 
$
(1,170
)
 
$
(6,402
)
Pension and other postretirement benefit plans
11,563

 
(3,920
)
 
7,643

 
8,680

 
(3,011
)
 
5,669

Changes in fair value of cash flow hedges
1,265

 
(443
)
 
822

 
(898
)
 
314

 
(584
)
Other
558

 
(67
)
 
491

 
767

 
(148
)
 
619

Total other comprehensive (loss) earnings
$
(25,759
)
 
$
(12,944
)
 
$
(38,703
)
 
$
3,317

 
$
(4,015
)
 
$
(698
)
(2)
Foreign currency translation adjustments for the six months ended June 30, 2015 and 2014 include pre-tax gains on the Company's net investment hedges of $24,326 and $3,342, respectively, which resulted in tax expense of $8,514 and $1,170 reflected in other comprehensive income for these respective periods. See also Note 10 Financial Instruments.

Total comprehensive earnings were as follows:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2015
 
2014
 
2015
 
2014
Net earnings
$
332,396

 
$
213,959

 
$
541,906

 
$
374,097

Other comprehensive earnings (loss)
40,307

 
14,580

 
(38,703
)
 
(698
)
Comprehensive earnings
$
372,703

 
$
228,539

 
$
503,203

 
$
373,399



Amounts reclassified from accumulated other comprehensive earnings (loss) to earnings (loss) during the three and six months ended June 30, 2015 and 2014 were as follows:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2015
 
2014
 
2015

2014
Pension and postretirement benefit plans:
 
 
 
 
 
 
 
Amortization of actuarial losses
$
3,890

 
$
2,203

 
$
7,792

 
$
4,402

Amortization of prior service costs
1,885

 
2,138

 
3,771

 
4,278

Total before tax
5,775

 
4,341

 
11,563

 
8,680

Tax provision
(1,958
)
 
(1,506
)
 
(3,920
)
 
(3,011
)
Net of tax
$
3,817

 
$
2,835

 
$
7,643

 
$
5,669

 
 
 
 
 
 
 
 
Cash flow hedges:
 
 
 
 
 
 
 
Net losses (gains) reclassified into earnings
$
877

 
$
(77
)
 
$
724

 
$
(291
)
Tax (provision) benefit
(307
)
 
27

 
(253
)
 
102

Net of tax
$
570

 
$
(50
)
 
$
471

 
$
(189
)

The Company recognizes net periodic pension cost, which includes amortization of net actuarial losses and prior service costs, in both selling and administrative expenses and cost of goods and services, depending on the functional area of the underlying employees included in the plans.

Cash flow hedges consist mainly of foreign currency forward contracts. The Company recognizes the realized gains and losses on its cash flow hedges in the same line item as the hedged transaction, such as revenue, cost of goods and services, or selling & administrative expenses.