Other Comprehensive Earnings (Tables)

3 Months Ended

Mar. 31, 2020

Other Comprehensive Income (Loss), Net of Tax [Abstract]

Components of other comprehensive income

The amounts recognized in other comprehensive (loss) earnings were as follows:

	Three Months Ended						Three Months Ended
	March 31, 2020						March 31, 2019
	Pre-tax		Tax		Net of tax		Pre-tax		Tax		Net of tax
Foreign currency translation adjustments	$	(88,415)	$	(5,139)	$	(93,554)	$	49,786	$	(747)	$	49,039
Pension and other post-retirement benefit plans	2,523		(568)		1,955		952		(205)		747
Changes in fair value of cash flow hedges	(5,074)		1,121		(3,953)		2,993		(629)		2,364
Total other comprehensive (loss) earnings	$	(90,966)	$	(4,586)	$	(95,552)	$	53,731	$	(1,581)	$	52,150

Schedule of comprehensive income (loss)

Total comprehensive earnings were as follows:

	Three Months Ended March 31,
	2020		2019
Net earnings	$	176,279	$	105,705
Other comprehensive (loss) earnings	(95,552)		52,150
Comprehensive earnings	$	80,727	$	157,855

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, 2020 and 2019 were as follows:

	Three Months Ended March 31,
	2020		2019
Foreign currency translation:
Reclassification of foreign currency translation losses to earnings for assets held for sale	$	—	$	25,339
Tax benefit	—		—
Net of tax	$	—	$	25,339
Pension and other postretirement benefit plans:
Amortization of actuarial losses	$	2,158	$	228
Amortization of prior service costs	365		724
Total before tax	2,523		952
Tax benefit	(568)		(205)
Net of tax	$	1,955	$	747
Cash flow hedges:
Net losses (gains) reclassified into earnings	$	1,420	$	(291)
Tax (benefit) provision	(299)		61
Net of tax	$	1,121	$	(230)