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Accumulated Other Comprehensive Income (Loss)
 3 Months Ended
Mar. 31, 2017
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)

Reclassifications out of AOCI for the three months ended March 31, 2017 and 2016 were as follows:
 
Amount Reclassified from AOCI (a)
 
Three Months Ended March 31,
 
2017
 
2016
Gains (losses) on cash flow hedges
 
 
 
Revenue
$
28

 
$
(380
)
Cost of sales
(111
)
 
225

Interest expense, net
(507
)
 
(507
)
Total before tax
(590
)
 
(662
)
Benefit for income tax
(230
)
 
(258
)
Net of tax
$
(360
)
 
$
(404
)
 
 
 
 
Gains (losses) on available for sale securities
 
 
 
Interest expense, net
$
(109
)
 
$
18

(Benefit) provision for income tax
(40
)
 
7

Net of tax
$
(69
)
 
$
11

 
 
 
 
Pension and Postretirement Benefit Plans (b)
 
 
 
Transition credit
$
2

 
$
2

Prior service costs
(41
)
 
(42
)
Actuarial losses
(10,186
)
 
(9,409
)
Settlements
—

 
(1,098
)
Total before tax
(10,225
)
 
(10,547
)
Benefit from income tax
(3,517
)
 
(3,799
)
Net of tax
$
(6,708
)
 
$
(6,748
)
(a)     Amounts in parentheses indicate reductions to income and increases to other comprehensive income (loss).
(b)
Reclassified from accumulated other comprehensive loss into selling, general and administrative expenses. These amounts are included in the computation of net periodic costs (see Note 10 for additional details).







Changes in AOCI for the three months ended March 31, 2017 and 2016 were as follows:
 
Cash flow hedges
 
Available for sale securities
 
Pension and postretirement benefit plans
 
Foreign currency adjustments
 
Total
Balance at January 1, 2017
$
(1,485
)
 
$
120

 
$
(787,813
)
 
$
(150,955
)
 
$
(940,133
)
Other comprehensive income (loss) before reclassifications (a)
216

 
516

 
(1,482
)
 
19,915

 
19,165

Reclassifications into earnings (a), (b)
360

 
69

 
6,708

 
—

 
7,137

Net other comprehensive income
576

 
585

 
5,226

 
19,915

 
26,302

Balance at March 31, 2017
$
(909
)
 
$
705

 
$
(782,587
)
 
$
(131,040
)
 
$
(913,831
)

 
Cash flow hedges
 
Available for sale securities
 
Pension and postretirement benefit plans
 
Foreign currency adjustments
 
Total
Balance at January 1, 2016
$
(3,912
)
 
$
536

 
$
(738,768
)
 
$
(146,491
)
 
$
(888,635
)
Other comprehensive (loss) income before reclassifications (a)
(432
)
 
3,465

 
(1,230
)
 
39,849

 
41,652

Reclassifications into earnings (a), (b)
404

 
(11
)
 
6,748

 
—

 
7,141

Net other comprehensive (loss) income
(28
)
 
3,454

 
5,518

 
39,849

 
48,793

Balance at March 31, 2016
$
(3,940
)
 
$
3,990

 
$
(733,250
)
 
$
(106,642
)
 
$
(839,842
)
(a)     Amounts are net of tax. Amounts in parentheses indicate debits to AOCI.
(b)     See table above for additional details of these reclassifications.