Accumulated Other Comprehensive Loss

3 Months Ended

Mar. 31, 2021

The following tables present the changes in accumulated other comprehensive loss (“AOCL”) by component for the three months ended March 31:


	Changes in Accumulated Other Comprehensive Loss by Component
	Pension and Other Post-Retirement Benefits		Cash Flow Hedges		Foreign Currency Translation		Total
Beginning balance, January 1, 2021	$	(692,868)	$	(30,007)	$	(313,627)	$	(1,036,502)
Other comprehensive loss before reclassifications	—		—		(295)		(295)
Amounts reclassified from accumulated other comprehensive loss	9,296		3,741		—		13,037
Other comprehensive income (loss), net of income taxes	9,296		3,741		(295)		12,742
Ending balance, March 31, 2021	$	(683,572)	$	(26,266)	$	(313,922)	$	(1,023,760)


	Changes in Accumulated Other Comprehensive Loss by Component
	Pension and Other Post-Retirement Benefits		Cash Flow Hedges		Foreign Currency Translation		Total
Beginning balance, January 1, 2020	$	(704,415)	$	(20,671)	$	(416,222)	$	(1,141,308)
Other comprehensive loss before reclassifications	—		(19,300)		(182,613)		(201,913)
Amounts reclassified from accumulated other comprehensive loss	8,448		1,444		—		9,892
Other comprehensive income (loss), net of income taxes	8,448		(17,856)		(182,613)		(192,021)
Ending balance, March 31, 2020	$	(695,967)	$	(38,527)	$	(598,835)	$	(1,333,329)

The AOCL components related to the pension benefits are included in the computation of net periodic benefit income in the employee benefit plans footnote. Generally, tax effects in AOCL are established at the currently enacted tax rate and reclassified to net income in the same period that the related pre-tax AOCL reclassifications are recognized.