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Accumulated Other Comprehensive Loss (Tables)
12 Months Ended
Dec. 31, 2015
Accumulated Other Comprehensive Loss [Abstract]  
Schedule of Accumulated Other Comprehensive Loss
The following presents the components of accumulated other comprehensive loss (AOCL), net of related tax effects:
 
2015
 
2014
(Amounts in thousands)
Foreign currency translation items(1)
 
Pension and other post-retirement effects
 
Cash flow hedging activity
 
Total(1)
 
Foreign currency translation items(1)
 
Pension and other post-retirement effects
 
Cash flow hedging activity
 
Total(1)
Balance - January 1
$
(238,533
)
 
$
(135,398
)
 
$
(5,210
)
 
$
(379,141
)
 
$
(89,953
)
 
$
(129,528
)
 
$
(814
)
 
$
(220,295
)
Other comprehensive (loss) income before reclassifications
(174,889
)
 
4,977

 
(6,382
)
 
(176,294
)
 
(150,357
)
 
(16,300
)
 
(5,342
)
 
(171,999
)
Amounts
reclassified
from AOCL

 
9,960

 
8,134

 
18,094

 
1,777

 
10,430

 
946

 
13,153

Net current-period other comprehensive (loss) income
(174,889
)
 
14,937

 
1,752

 
(158,200
)

(148,580
)

(5,870
)

(4,396
)
 
(158,846
)
Balance - December 31
$
(413,422
)
 
$
(120,461
)
 
$
(3,458
)
 
$
(537,341
)
 
$
(238,533
)

$
(135,398
)

$
(5,210
)

$
(379,141
)
_______________________________________
(1)
Includes foreign currency translation adjustments attributable to noncontrolling interests of $2.7 million, $1.3 million and $1.2 million for December 31, 2015, 2014 and 2013, respectively. Foreign currency translation impact primarily represents the weakening of the Euro, Brazilian real and Argentine peso exchange rates versus the U.S. dollar for the period. Additionally, includes net investment hedge losses of $4.2 million, net of deferred taxes, for the year ended December 31, 2015. Amounts in parentheses indicate debits.

Reclassifications from Accumulated Other Comprehensive Loss
The following table presents the reclassifications out of AOCL:

(Amounts in thousands)
 
Affected line item in the statement of income
2015(1)
 
2014(1)
Foreign currency translation items
 
 
 
 
 
Release of cumulative translation
adjustments due to sale of business
 
Selling, general and
administrative expense
$

 
$
(1,777
)
 
 
Tax (expense) benefit

 

 
 
 Net of tax
$


$
(1,777
)
 
 
 
 
 
 
Cash flow hedging activity
 
 
 
 
 
Foreign exchange contracts
 
Other (expense) income, net
$
(3,327
)
 
$

 
 
Sales
(7,920
)
 
(1,534
)
 
 
Tax benefit
3,113

 
588

 
 
 Net of tax
$
(8,134
)

$
(946
)
 
 
 
 
 
 
Pension and other postretirement effects
 
 
 
 
 
  Amortization of actuarial losses(2)
 
 
$
(13,587
)
 
$
(13,976
)
  Prior service costs(2)
 
 
(619
)
 
(668
)
  Settlement(2)
 
 
(570
)
 
(314
)
 
 
Tax benefit
4,816

 
4,528

 
 
Net of tax
$
(9,960
)

$
(10,430
)
______________________________________
(1) Amounts in parentheses indicate decreases to income. None of the reclassification amounts have a noncontrolling interest component.
(2) These accumulated other comprehensive loss components are included in the computation of net periodic pension cost. See Note 11 for additional details.