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COMPREHENSIVE INCOME
 9 Months Ended
Oct. 02, 2016
Equity [Abstract]  
Comprehensive Income
COMPREHENSIVE INCOME
A summary of the components of comprehensive income is as follows:
 
 
Three Months Ended
 
Three Months Ended
 
 
October 2, 2016
 
October 4, 2015
 
 
Pre-Tax
Amount
 
Tax
(Expense)
Benefit
 
After-Tax
Amount
 
Pre-Tax
Amount
 
Tax
(Expense)
Benefit
 
After-Tax
Amount
Net income
 
 
 
 
 
$
227,403

 
 
 
 
 
$
154,771

Other comprehensive income (loss):
 
 
 
 
 
 
 
 
 
 
 
 
Foreign currency translation adjustments
 
$
(8,533
)
 
$
—

 
(8,533
)
 
$
(26,631
)
 
$
—

 
(26,631
)
Pension and post-retirement benefit plans (a)
 
11,896

 
(4,501
)
 
7,395

 
15,962

 
(5,993
)
 
9,969

Cash flow hedges:
 
 
 
 
 
 
 
 
 
 
 
 
Gains (losses) on cash flow hedging derivatives
 
1,354

 
(210
)
 
1,144

 
(70,096
)
 
26,182

 
(43,914
)
Reclassification adjustments (b)
 
(2,288
)
 
1,390

 
(898
)
 
(10,019
)
 
3,805

 
(6,214
)
Total other comprehensive loss
 
$
2,429

 
$
(3,321
)
 
(892
)
 
$
(90,784
)
 
$
23,994

 
(66,790
)
Total comprehensive income
 
 
 
 
 
$
226,511

 
 
 
 
 
$
87,981

Comprehensive loss (gain) attributable to noncontrolling interests
 
 
 
 
 
751

 
 
 
 
 
(820
)
Comprehensive income attributable to The Hershey Company
 
 
 
 
 
$
227,262

 
 
 
 
 
$
87,161

 
 
 
Nine Months Ended
 
Nine Months Ended
 
 
October 2, 2016
 
October 4, 2015
 
 
Pre-Tax
Amount
 
Tax
(Expense)
Benefit
 
After-Tax
Amount
 
Pre-Tax
Amount
 
Tax
(Expense)
Benefit
 
After-Tax
Amount
Net income
 
 
 
 
 
$
603,191

 
 
 
 
 
$
299,567

Other comprehensive income (loss):
 
 
 
 
 
 
 
 
 
 
 
 
Foreign currency translation adjustments
 
$
5,053

 
$
—

 
5,053

 
$
(51,681
)
 
$
—

 
(51,681
)
Pension and post-retirement benefit plans (a)
 
16,395

 
(6,511
)
 
9,884

 
32,776

 
(11,880
)
 
20,896

Cash flow hedges:
 
 
 
 
 
 
 
 
 
 
 
 
Gains (losses) on cash flow hedging derivatives
 
(53,627
)
 
18,838

 
(34,789
)
 
34,593

 
(13,570
)
 
21,023

Reclassification adjustments (b)
 
(14,064
)
 
6,079

 
(7,985
)
 
(28,094
)
 
10,383

 
(17,711
)
Total other comprehensive loss
 
$
(46,243
)
 
$
18,406

 
(27,837
)
 
$
(12,406
)
 
$
(15,067
)
 
(27,473
)
Total comprehensive income
 
 
 
 
 
$
575,354

 
 
 
 
 
$
272,094

Comprehensive loss attributable to noncontrolling interests
 
 
 
 
 
2,040

 
 
 
 
 
2,111

Comprehensive income attributable to The Hershey Company
 
 
 
 
 
$
577,394

 
 
 
 
 
$
274,205

 
(a)
These amounts are included in the computation of net periodic benefit costs. For more information, see Note 11.
(b)
For information on the presentation of reclassification adjustments for cash flow hedges on the Consolidated Statements of Income, see Note 5.
The components of accumulated other comprehensive loss, as shown on the Consolidated Balance Sheets, are as follows:
 
 
October 2, 2016
 
December 31, 2015
Foreign currency translation adjustments
 
$
(94,143
)
 
$
(101,236
)
Pension and post-retirement benefit plans, net of tax
 
(244,764
)
 
(254,648
)
Cash flow hedges, net of tax
 
(57,915
)
 
(15,141
)
Total accumulated other comprehensive loss
 
$
(396,822
)
 
$
(371,025
)