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Accumulated Other Comprehensive Loss
 12 Months Ended
Dec. 31, 2017
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss)
ACCUMULATED OTHER COMPREHENSIVE LOSS
Accumulated other comprehensive loss is reported in our Consolidated Statements of Stockholders’ Equity. Amounts included in accumulated other comprehensive loss, net of tax, were as follows:
 
 
Unrecognized Net
Defined Benefit
Plan Costs
 
Change in Fair
Value of
Derivatives
 
Foreign
Currency
Translation
 
Total
 
(Dollars in thousands)
Balance at January 1, 2015
$
(89,252
)
 
$
(1,198
)
 
$
(75,174
)
 
$
(165,624
)
Other comprehensive loss before
    reclassifications
2,851

 
(1,410
)
 
(48,364
)
 
(46,923
)
Amounts reclassified from accumulated
    other comprehensive loss
2,121

 
1,620

 
—

 
3,741

 Other comprehensive loss
4,972

 
210

 
(48,364
)
 
(43,182
)
Balance at December 31, 2015
(84,280
)
 
(988
)
 
(123,538
)
 
(208,806
)
Other comprehensive loss before
    reclassifications
(1,991
)
 
441

 
(17,753
)
 
(19,303
)
Amounts reclassified from accumulated
    other comprehensive loss
3,166

 
1,087

 
—

 
4,253

 Other comprehensive loss
1,175

 
1,528

 
(17,753
)
 
(15,050
)
Balance at December 31, 2016
(83,105
)
 
540

 
(141,291
)
 
(223,856
)
Other comprehensive income before
    reclassifications
(8,486
)
 
(527
)
 
63,874

 
54,861

Amounts reclassified from accumulated
    other comprehensive loss
2,193

 
(86
)
 
—

 
2,107

 Other comprehensive income
(6,293
)
 
(613
)
 
63,874

 
56,968

Adoption of accounting standards update related to reclassification of certain tax effects
(15,424
)
 
(16
)
 
(6,645
)
 
(22,085
)
Balance at December 31, 2017
$
(104,822
)
 
$
(89
)
 
$
(84,062
)
 
$
(188,973
)

The amounts reclassified to earnings from the unrecognized net defined benefit plan costs component of accumulated other comprehensive loss for the years ended December 31, 2017, 2016 and 2015 were net (losses) of $(3.4) million, $(5.0) million and $(3.2) million, respectively, excluding an income tax benefit of $1.2 million, $1.8 million and $1.1 million, respectively. These net losses included amortization of net actuarial (losses) of $(6.5) million, $(8.0) million and $(5.2) million for the years ended December 31, 2017, 2016 and 2015, respectively, and amortization of net prior service credit of $3.1 million, $3.0 million and $2.0 million for the years ended December 31, 2017, 2016 and 2015, respectively. Amortization of net actuarial losses and net prior service credit is a component of net periodic benefit credit. Amounts expected to be recognized as components of net periodic benefit credit in our Consolidated Statement of Income for the year ended December 31, 2018 are $4.9 million and $1.8 million, net of income taxes, for the net actuarial loss and net prior service credit, respectively, related to our pension and other postretirement benefit plans. See Note 11 for further discussion.
The amounts reclassified to earnings from the change in fair value of derivatives component of accumulated other comprehensive loss for the years ended December 31, 2017, 2016 and 2015 were not significant. See Note 9 which includes a discussion of derivative instruments and hedging activities.
The foreign currency translation component of accumulated other comprehensive loss includes: (i) foreign currency gains (losses) related to translation of year-end financial statements of foreign subsidiaries utilizing a functional currency other than the U.S. Dollar; (ii) foreign currency (losses) related to intra-entity foreign currency transactions that are of a long-term investment nature; and (iii) foreign currency (losses) gains related to our net investment hedges, net of tax. Foreign currency gains (losses) related to translation of year-end financial statements of foreign subsidiaries utilizing a functional currency other than the U.S. Dollar for the years ended December 31, 2017, 2016 and 2015 were $94.7 million, $(20.6) million and $(55.5) million, respectively. Foreign currency (losses) related to intra-entity foreign currency transactions that are of a long-term investment nature for the years ended December 31, 2017, 2016 and 2015 were $(1.8) million, $(2.0) million and $(9.6) million, respectively. Foreign currency (losses) gains related to our net investment hedges for the years ended December 31, 2017, 2016 and 2015 were $(46.1) million, $7.6 million and $26.6 million, respectively, excluding an income tax benefit (provision) of $17.1 million, $(2.8) million and $(9.9) million, respectively. See Note 9 for further discussion.

As of December 31, 2017, we reclassified the stranded tax effects resulting from the decrease in the federal corporate tax rate and certain other tax effects (primarily the decreased federal benefit of state income taxes) as a result of the 2017 Tax Act. As a result, we increased each of accumulated other comprehensive loss and retained earnings by $22.1 million.