Accumulated Other Comprehensive Loss

12 Months Ended

Oct. 25, 2020

Components of Accumulated Other Comprehensive Loss are as follows:


(in thousands)	Foreign Currency Translation		Pension & Other Post-retirement Benefits			Deferred Hedging Gain (Loss)			Accumulated Other Comprehensive Loss
Balance at October 29, 2017	$	(6,846)	$	(242,475)		$	1,246		$	(248,075)
Unrecognized Gains (Losses)
Gross	(38,008)		46,430			(8,634)			(212)
Tax Effect	—		(11,244)			2,090			(9,154)
Reclassification into Net Earnings
Gross	—		12,766		(1)	5,480		(2)	18,246
Tax Effect	—		(3,090)			(1,213)			(4,303)
Net of Tax Amount	(38,008)		44,862			(2,277)			4,577
Balance at October 28, 2018	$	(44,854)	$	(197,613)		$	(1,031)		$	(243,498)
Impact of Adoption of ASU:
ASU 2017-12	—		—			(21)		(3)	(21)
ASU 2018-02	—		(53,778)		(3)	—			(53,778)
Adjusted Balance at October 28,2018	$	(44,854)	$	(251,391)		$	(1,052)		$	(297,297)
Unrecognized Gains (Losses)
Gross	(8,142)		(138,356)			2,834			(143,664)
Tax Effect	—		33,822			(699)			33,123
Reclassification into Net Earnings
Gross	—		9,335		(1)	1,701		(2)	11,036
Tax Effect	—		(2,287)			(411)			(2,698)
Net of Tax Amount	(8,142)		(97,486)			3,425			(102,203)
Adjusted Balance at October 27,2019	$	(52,996)	$	(348,877)		$	2,373		$	(399,500)
Unrecognized Gains (Losses)
Gross	(11,164)		2,003			(38,213)			(47,374)
Tax Effect	—		(404)			9,324			8,920
Reclassification into Net Earnings
Gross	—		18,609		(1)	37,834		(2)	56,443
Tax Effect	—		(4,510)			(9,229)			(13,739)
Net of Tax Amount	(11,164)		15,698			(284)			4,250
Balance at October 25, 2020	$	(64,161)	$	(333,178)		$	2,089		$	(395,250)

(1) Included in computation of net periodic cost. See Note F - Pension and Other Post-Retirement Benefits for additional details.

(2) Included in Cost of Products Sold in the Consolidated Statements of Operations.

(3) Cumulative effect from the adoption of Accounting Standards Updates. See Note A - Significant Accounting Policies for additional details.