XML 69 R52.htm IDEA: XBRL DOCUMENT v3.22.0.1
Accumulated Other Comprehensive Loss (Tables)
12 Months Ended
Dec. 31, 2021
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:
20212020
(Amounts in thousands)Foreign currency translation items(1)Pension and other post-retirement effectsCash flow hedging activityTotal(1)Foreign currency translation items(1)Pension and other post-retirement effectsCash flow hedging activityTotal(1)
Balance - January 1$(456,549)$(146,723)$(488)$(603,760)$(441,364)$(137,161)$(671)$(579,196)
Other comprehensive income (loss) before reclassifications524 34,960 (848)34,636 (15,185)(18,979)183 (33,981)
Amounts
reclassified
from AOCL
— 10,098 — 10,098 — 9,417 — 9,417 
Net current-period other comprehensive income (loss)524 45,058 (848)44,734 (15,185)(9,562)183 (24,564)
Balance - December 31$(456,025)$(101,665)$(1,336)$(559,026)$(456,549)$(146,723)$(488)$(603,760)
_______________________________________
(1)Includes foreign currency translation adjustments attributable to noncontrolling interests of $4.6 million, $5.9 million and $5.1 million for December 31, 2021, 2020 and 2019, respectively. For the year ended December 31, 2021, foreign currency translation impacts primarily represented the weakening of the Euro, Colombian peso and Mexican peso exchange rates versus the U.S. dollar for the period. For the year ended December 31, 2020, foreign currency translation impacts primarily represented the strengthening of the Euro, Chinese yuan, British pound and Canadian dollar exchange rates versus the U.S. dollar for the period. 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 income2021(1)2020(1)
Pension and other postretirement effects
  Amortization of actuarial losses(2)Other income (expense), net$(12,213)$(11,161)
  Prior service costs(2)Other income (expense), net(610)(568)
  Settlements and other(2)Other income (expense), net(640)(836)
Tax benefit3,365 3,148 
Net of tax$(10,098)$(9,417)
______________________________________
(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 14 for additional details.