XML 59 R41.htm IDEA: XBRL DOCUMENT v3.8.0.1
Other Comprehensive Earnings (Tables)
3 Months Ended
Mar. 31, 2018
Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Components of other comprehensive income
The amounts recognized in other comprehensive earnings (loss) were as follows:

 
Three Months Ended
 
Three Months Ended
 
March 31, 2018
 
March 31, 2017
 
Pre-tax
 
Tax
 
Net of tax
 
Pre-tax
 
Tax
 
Net of tax
Foreign currency translation adjustments
$
43,045

 
$
9,263

 
$
52,308

 
$
33,090

 
$
10,682

 
$
43,772

Pension and other post-retirement benefit plans
3,410

 
(728
)
 
2,682

 
3,001

 
(961
)
 
2,040

Changes in fair value of cash flow hedges
1,404

 
(295
)
 
1,109

 
(213
)
 
74

 
(139
)
Other

 

 

 
383

 
(46
)
 
337

Total other comprehensive earnings
$
47,859

 
$
8,240

 
$
56,099

 
$
36,261

 
$
9,749

 
$
46,010

Schedule of comprehensive income (loss)
Total comprehensive earnings were as follows:
 
Three Months Ended March 31,
 
2018
 
2017
Net earnings
$
131,435

 
$
172,247

Other comprehensive earnings
56,099

 
46,010

Comprehensive earnings
$
187,534

 
$
218,257

Schedule of amounts reclassified from accumulated other comprehensive income (loss) to earnings
Amounts reclassified from accumulated other comprehensive (loss) to earnings during the three months ended March 31, 2018 and 2017 were as follows:
 
Three Months Ended March 31,
 
2018

2017
Foreign currency translation:
 
 
 
Reclassification of foreign currency translation losses to earnings from sale of subsidiary
$

 
$
3,875

Tax benefit

 

Net of tax
$

 
$
3,875

Pension and other postretirement benefit plans:
 
 
 
Amortization of actuarial losses
$
2,471

 
$
1,899

Amortization of prior service costs
939

 
1,102

Total before tax
3,410

 
3,001

Tax benefit
(728
)
 
(961
)
Net of tax
$
2,682

 
$
2,040

Cash flow hedges:
 
 
 
Net gains reclassified into earnings
$
(320
)
 
$
(334
)
Tax expense
67

 
117

Net of tax
$
(253
)
 
$
(217
)