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Other Comprehensive Earnings
12 Months Ended
Dec. 31, 2015
Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Other Comprehensive Income, Noncontrolling Interest [Text Block]
15. Other Comprehensive Earnings

The amounts recognized in other comprehensive earnings were as follows:
Year Ended December 31, 2015
Pre-tax
 
Tax
 
Net of tax
Foreign currency translation adjustments
$
(108,748
)
 
$
(11,646
)
 
$
(120,394
)
Pension and other postretirement benefit plans
35,727

 
(11,791
)
 
23,936

Changes in fair value of cash flow hedges
(671
)
 
235

 
(436
)
Other
1,423

 
(171
)
 
1,252

Total other comprehensive loss
$
(72,269
)
 
$
(23,373
)
 
$
(95,642
)


Year Ended December 31, 2014
Pre-tax
 
Tax
 
Net of tax
Foreign currency translation adjustments
$
(131,420
)
 
$
(19,523
)
 
$
(150,943
)
Pension and other postretirement benefit plans
(70,705
)
 
20,994

 
(49,711
)
Changes in fair value of cash flow hedges
(375
)
 
131

 
(244
)
Other
1,067

 
(128
)
 
939

Total other comprehensive (loss) earnings
$
(201,433
)
 
$
1,474

 
$
(199,959
)


Year Ended December 31, 2013
Pre-tax
 
Tax
 
Net of tax
Foreign currency translation adjustments
$
2,242

 
$
2,494

 
$
4,736

Pension and other postretirement benefit plans
182,092

 
(63,585
)
 
118,507

Changes in fair value of cash flow hedges
(75
)
 
26

 
(49
)
Other
(642
)
 
77

 
(565
)
Total other comprehensive (loss) earnings
$
183,617

 
$
(60,988
)
 
$
122,629



The components of accumulated other comprehensive earnings (loss) are as follows:
 
December 31, 2015
 
December 31, 2014
Cumulative foreign currency translation adjustments
$
(135,278
)
 
$
(14,884
)
Pension and other postretirement benefit plans
(123,301
)
 
(147,237
)
Changes in fair value of cash flow hedges
4,006

 
3,190

 
$
(254,573
)
 
$
(158,931
)


Total comprehensive earnings were as follows:
 
Years Ended December 31,
 
2015
 
2014
 
2013
Net earnings
$
869,829

 
$
775,235

 
$
1,003,129

Other comprehensive (loss) earnings
(95,642
)
 
(199,959
)
 
122,629

Comprehensive earnings
$
774,187

 
$
575,276

 
$
1,125,758



Amounts reclassified from accumulated other comprehensive earnings (loss) to earnings (loss) during the year ended December 31, 2015, 2014 and 2013 were as follows:
 
Years Ended December 31,
 
2015
 
2014
 
2013
Pension & postretirement benefit plans:
 
 
 
 
 
Amortization of actuarial losses
$
15,527

 
$
8,822

 
$
19,250

Amortization of prior service costs
7,541

 
8,556

 
8,834

Total before tax
23,068

 
17,378

 
28,084

Tax expense
(7,768
)
 
(5,969
)
 
(9,809
)
Net of tax
$
15,300

 
$
11,409

 
$
18,275

 
 
 
 
 
 
Cash flow hedges:
 
 
 
 
 
Net gains reclassified into earnings
$
(166
)
 
$
(164
)
 
$
(130
)
Tax benefit
58

 
57

 
46

Net of tax
$
(108
)
 
$
(107
)
 
$
(84
)


The Company recognizes net periodic pension cost, which includes amortization of net actuarial losses and prior service costs, in both selling & 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 and commodity 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.