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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2018
Accounting Policies [Abstract]  
Components of Accumulated Other Comprehensive Loss
Accumulated other comprehensive loss is comprised of the following:
 
 
December 31,
 
 
2018
 
2017
Foreign currency translation
 
$
(499,482
)
 
$
(266,247
)
Unrealized gain (loss) on cash flow and net investment hedges, net of tax
 
10,726

 
(17,388
)
Unrecognized net actuarial loss, net of tax
 
(623,363
)
 
(566,876
)
Unrecognized prior service cost, net of tax
 
(2,959
)
 
(2,081
)
Total accumulated other comprehensive loss
 
$
(1,115,078
)
 
$
(852,592
)
Changes in Accumulated Other Comprehensive Loss
The following table presents the changes in accumulated other comprehensive loss by component for the years ended on December 31, 2018 and 2017:
 
 
Changes in Accumulated Other Comprehensive
Loss by Component
 
 
Pension
Benefits
 
Other Post-Retirement Benefits
 
Cash Flow and Net Investment Hedges
 
Foreign
Currency
Translation
 
Total
Beginning balance, January 1, 2017
 
$
(607,468
)
 
$
(1,612
)
 
$

 
$
(403,941
)
 
$
(1,013,021
)
Other comprehensive income (loss) before reclassifications, net of tax
 
16,640

 
307

 
(17,388
)
 
137,694

 
137,253

Amounts reclassified from accumulated other comprehensive loss, net of tax
 
23,385

 
(209
)
 

 

 
23,176

Net current period other comprehensive income (loss)
 
40,025

 
98

 
(17,388
)
 
137,694

 
160,429

Ending balance, December 31, 2017
 
(567,443
)
 
(1,514
)
 
(17,388
)
 
(266,247
)
 
(852,592
)
Other comprehensive (loss) income before reclassifications, net of tax
 
(85,677
)
 
20

 
26,563

 
(233,235
)
 
(292,329
)
Amounts reclassified from accumulated other comprehensive loss, net of tax
 
28,581

 
(289
)
 
1,551

 

 
29,843

Net current period other comprehensive (loss) income
 
(57,096
)
 
(269
)
 
28,114

 
(233,235
)
 
(262,486
)
Ending balance, December 31, 2018
 
$
(624,539
)
 
$
(1,783
)
 
$
10,726

 
$
(499,482
)
 
$
(1,115,078
)