Accumulated Other Comprehensive Loss

12 Months Ended

Dec. 31, 2023

The following tables present the changes in AOCL by component:


	Changes in Accumulated Other Comprehensive Loss by Component
(in thousands)	Pension and Other Post-Retirement Benefits		Cash Flow Hedges		Foreign Currency Translation		Total
Beginning balance, January 1, 2023	$	(506,610)	$	(2,572)	$	(523,360)	$	(1,032,542)
Other comprehensive (loss) income before reclassifications	(18,965)		2,765		64,429		48,229
Amounts reclassified from accumulated other comprehensive loss	7,634		(193)		—		7,441
Net current period other comprehensive (loss) income	(11,331)		2,572		64,429		55,670
Ending balance, December 31, 2023	$	(517,941)	$	—	$	(458,931)	$	(976,872)


	Changes in Accumulated Other Comprehensive Loss by Component
(in thousands)	Pension and Other Post-Retirement Benefits		Cash Flow Hedges		Foreign Currency Translation		Total
Beginning balance, January 1, 2022	$	(463,227)	$	(15,042)	$	(379,470)	$	(857,739)
Other comprehensive loss before reclassifications	(71,258)		—		(143,890)		(215,148)
Amounts reclassified from accumulated other comprehensive loss	27,875		12,470		—		40,345
Net current period other comprehensive (loss) income	(43,383)		12,470		(143,890)		(174,803)
Ending balance, December 31, 2022	$	(506,610)	$	(2,572)	$	(523,360)	$	(1,032,542)

The AOCL components related to the pension benefits are included in the computation of net periodic benefit income in the Employee Benefit Plans Footnote. The nature of the cash flow hedges are discussed in the Derivatives and Hedging 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.