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Accumulated Other Comprehensive (Loss) Income
3 Months Ended
Mar. 31, 2020
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 Post-Retirement Benefits(a)
 
Net Investment Hedge
 
Cash Flow Hedge(b)
 
Interest Rate Swap(c)
 
Total
Three months ended March 31, 2020
 
 
 
 
 
 
 
 
 
 
 
Balance at December 31, 2019
$
(469,210
)
 
$
473

 
$
80,778

 
$
4,847

 
$
(12,623
)
 
$
(395,735
)
Other comprehensive (loss) income before reclassifications
(81,986
)
 

 
2,081

 
(51,460
)
 

 
(131,365
)
Amounts reclassified from accumulated other comprehensive loss

 
9

 

 

 
648

 
657

Other comprehensive (loss) income, net of tax
(81,986
)
 
9

 
2,081

 
(51,460
)
 
648

 
(130,708
)
Other comprehensive income attributable to noncontrolling interests
(46
)
 

 

 

 

 
(46
)
Balance at March 31, 2020
$
(551,242
)
 
$
482

 
$
82,859

 
$
(46,613
)
 
$
(11,975
)
 
$
(526,489
)
Three months ended March 31, 2019
 
 
 
 
 
 
 
 
 
 
 
Balance at December 31, 2018
$
(407,646
)
 
$
(159
)
 
$
72,337

 
$

 
$
(15,214
)
 
$
(350,682
)
Other comprehensive (loss) income before reclassifications
(10,855
)
 

 
3,304

 

 

 
(7,551
)
Amounts reclassified from accumulated other comprehensive loss

 
7

 

 

 
641

 
648

Other comprehensive (loss) income, net of tax
(10,855
)
 
7

 
3,304

 

 
641

 
(6,903
)
Other comprehensive loss attributable to noncontrolling interests
47

 

 

 

 

 
47

Balance at March 31, 2019
$
(418,454
)
 
$
(152
)
 
$
75,641

 
$

 
$
(14,573
)
 
$
(357,538
)


(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 cost (credit). See Note 12, “Pension Plans and Other Postretirement Benefits,” for additional information.
(b)
We entered into a foreign currency forward contract, which was designated and accounted for as a cash flow hedge under ASC 815, Derivatives and Hedging. See Note 13, “Fair Value of Financial Instruments,” for additional information.
(c)
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 periods ended March 31, 2020 and 2019 is provided in the following tables (in thousands):
 
Foreign Currency Translation
 
Pension and Postretirement Benefits
 
Net Investment Hedge
 
Cash Flow Hedge
 
Interest Rate Swap
Three months ended March 31, 2020
 
 
 
 
 
 
 
 
 
Other comprehensive (loss) income, before tax
$
(81,989
)
 
$
9

 
$
2,675

 
$
(51,460
)
 
$
834

Income tax benefit (expense)
3

 

 
(594
)
 

 
(186
)
Other comprehensive (loss) income, net of tax
$
(81,986
)
 
$
9

 
$
2,081

 
$
(51,460
)
 
$
648

 
 
 
 
 
 
 
 
 
 
Three months ended March 31, 2019
 
 
 
 
 
 
 
 
 
Other comprehensive (loss) income, before tax
$
(10,854
)
 
$
7

 
$
4,299

 
$

 
$
834

Income tax expense
(1
)
 

 
(995
)
 

 
(193
)
Other comprehensive (loss) income, net of tax
$
(10,855
)
 
$
7

 
$
3,304

 
$

 
$
641