XML 41 R22.htm IDEA: XBRL DOCUMENT v3.10.0.1
Accumulated Other Comprehensive (Loss) Income
6 Months Ended
Jun. 30, 2018
Equity [Abstract]  
Accumulated Other Comprehensive (Loss) Income
Accumulated Other Comprehensive (Loss) Income:
The components and activity in Accumulated other comprehensive (loss) income (net of deferred income taxes) consisted of the following during the periods indicated below (in thousands):
 
Foreign Currency Translation
 
Pension and Postretirement Benefits(a)
 
Net Investment Hedge
 
Interest Rate Swap(b)
 
Total
Three months ended June 30, 2018
 
 
 
 
 
 
 
 
 
Balance at March 31, 2018
$
(192,864
)
 
$
(18
)
 
$
32,130

 
$
(13,987
)
 
$
(174,739
)
Other comprehensive (loss) income before reclassifications
(150,857
)
 

 
22,989

 

 
(127,868
)
Amounts reclassified from accumulated other comprehensive loss

 
23

 

 
642

 
665

Other comprehensive (loss) income, net of tax
(150,857
)
 
23

 
22,989

 
642

 
(127,203
)
Other comprehensive loss attributable to noncontrolling interests
263

 

 

 

 
263

Balance at June 30, 2018
$
(343,458
)
 
$
5

 
$
55,119

 
$
(13,345
)
 
$
(301,679
)
Three months ended June 30, 2017
 
 
 
 
 
 
 
 
 
Balance at March 31, 2017
$
(405,527
)
 
$
69

 
$
74,693

 
$
(16,216
)
 
$
(346,981
)
Other comprehensive income (loss) before reclassifications
64,069

 

 
(14,234
)
 

 
49,835

Amounts reclassified from accumulated other comprehensive loss

 
16

 

 
529

 
545

Other comprehensive income (loss), net of tax
64,069

 
16

 
(14,234
)
 
529

 
50,380

Other comprehensive income attributable to noncontrolling interests
(232
)
 

 

 

 
(232
)
Balance at June 30, 2017
$
(341,690
)
 
$
85

 
$
60,459

 
$
(15,687
)
 
$
(296,833
)
Six months ended June 30, 2018
 
 
 
 
 
 
 
 
 
Balance at December 31, 2017
$
(257,569
)
 
$
(21
)
 
$
46,551

 
$
(14,629
)
 
$
(225,668
)
Other comprehensive (loss) income before reclassifications
(85,966
)
 

 
8,568

 

 
(77,398
)
Amounts reclassified from accumulated other comprehensive loss

 
26

 

 
1,284

 
1,310

Other comprehensive (loss) income, net of tax
(85,966
)
 
26

 
8,568

 
1,284

 
(76,088
)
Other comprehensive loss attributable to noncontrolling interests
77

 

 

 

 
77

Balance at June 30, 2018
$
(343,458
)
 
$
5

 
$
55,119

 
$
(13,345
)
 
$
(301,679
)
Six months ended June 30, 2017
 
 
 
 
 
 
 
 
 
Balance at December 31, 2016
$
(484,121
)
 
$
76

 
$
88,378

 
$
(16,745
)
 
$
(412,412
)
Other comprehensive income (loss) before reclassifications
143,124

 

 
(27,919
)
 

 
115,205

Amounts reclassified from accumulated other comprehensive loss

 
9

 

 
1,058

 
1,067

Other comprehensive income (loss), net of tax
143,124

 
9

 
(27,919
)
 
1,058

 
116,272

Other comprehensive income attributable to noncontrolling interests
(693
)
 

 

 

 
(693
)
Balance at June 30, 2017
$
(341,690
)
 
$
85

 
$
60,459

 
$
(15,687
)
 
$
(296,833
)


(a)
The pre-tax portion of amounts reclassified from accumulated other comprehensive loss consists of amortization of prior service benefit, which is a component of pension and postretirement benefits credit. See Note 12, “Pension Plans and Other Postretirement Benefits.”
(b)
The pre-tax portion of amounts reclassified from accumulated other comprehensive loss is included in interest expense.
The amount of income tax benefit (expense) allocated to each component of Other comprehensive (loss) income for the three-month and six-month periods ended June 30, 2018 and 2017 is provided in the following tables (in thousands):
 
Three Months Ended June 30,
 
2018
 
2017
 
Foreign Currency Translation
 
Pension and Postretirement Benefits
 
Net Investment Hedge
 
Interest Rate Swap
 
Foreign Currency Translation
 
Pension and Postretirement Benefits
 
Net Investment Hedge
 
Interest Rate Swap
Other comprehensive (loss) income, before tax
$
(150,858
)
 
$
27

 
$
29,864

 
$
834

 
$
64,069

 
$
16

 
$
(22,446
)
 
$
834

Income tax benefit (expense)
1

 
(4
)
 
(6,875
)
 
(192
)
 

 

 
8,212

 
(305
)
Other comprehensive (loss) income, net of tax
$
(150,857
)
 
$
23

 
$
22,989

 
$
642

 
$
64,069

 
$
16

 
$
(14,234
)
 
$
529

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Six Months Ended June 30,
 
2018
 
2017
 
Foreign Currency Translation
 
Pension and Postretirement Benefits
 
Net Investment Hedge
 
Interest Rate Swap
 
Foreign Currency Translation
 
Pension and Postretirement Benefits
 
Net Investment Hedge
 
Interest Rate Swap
Other comprehensive (loss) income, before tax
$
(85,967
)
 
$
30

 
$
11,130

 
$
1,668

 
$
144,210

 
$
10

 
$
(44,026
)
 
$
1,668

Income tax benefit (expense)
1

 
(4
)
 
(2,562
)
 
(384
)
 
(1,086
)
 
(1
)
 
16,107

 
(610
)
Other comprehensive (loss) income, net of tax
$
(85,966
)
 
$
26

 
$
8,568

 
$
1,284

 
$
143,124

 
$
9

 
$
(27,919
)
 
$
1,058