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Changes in Accumulated Other Comprehensive Income by Component
 9 Months Ended
Sep. 30, 2014
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Changes in Accumulated Other Comprehensive Income by Component
Changes in Accumulated Other Comprehensive Income by Component

The following table sets forth the changes in accumulated other comprehensive income, net of tax, by component for the nine- month period ended September 30, 2014 and 2013:
 
Gains and Losses on Cash Flow Hedges
 
Pension and Other Postretirement Benefit Items
 
Foreign Currency Items
 
Total
January 1, 2014
$
(519
)
 
$
(73,273
)
 
$
99,736

 
$
25,944

Other comprehensive loss before reclassifications to consolidated statements of income
(585
)
 
(7,081
)
 
(51,837
)
 
(59,503
)
Amounts reclassified from accumulated other comprehensive income to the consolidated statements of income
618

 
5,563

 
—

 
6,181

Net current-period other comprehensive income (loss)
33

 
(1,518
)
 
(51,837
)
 
(53,322
)
September 30, 2014
$
(486
)
 
$
(74,791
)
 
$
47,899

 
$
(27,378
)


 
Gains and Losses on Cash Flow Hedges
 
Pension and Other Postretirement Benefit Items
 
Foreign Currency Items
 
Total
January 1, 2013
$
(432
)
 
$
(146,441
)
 
$
80,121

 
$
(66,752
)
Other comprehensive income before reclassifications to consolidated statements of income
321

 
12,671

 
6,201

 
19,193

Amounts reclassified from accumulated other comprehensive (loss) income to the consolidated statements of income
(119
)
 
7,143

 
4,143

 
11,167

Net current-period other comprehensive income
202

 
19,814

 
10,344

 
30,360

September 30, 2013
$
(230
)
 
$
(126,627
)
 
$
90,465

 
$
(36,392
)


The following table sets forth the reclassifications out of accumulated other comprehensive income by component for the three- and nine- month periods ended September 30, 2014 and 2013:
Details about Accumulated Other Comprehensive Income Components
 
Amount Reclassified from Accumulated Other Comprehensive Income
Affected Line Item in the Consolidated Statements of Income
 
 
Three months ended September 30, 2014
 
Three months ended September 30, 2013
 
 
Gains and losses on cash flow hedges
 
 
 
 
 

     Interest rate contracts
 
$
(224
)
 
$
(220
)
 
Interest expense
     Foreign exchange contracts
 
(239
)
 
132

 
Net sales
 
 
(463
)
 
(88
)
 
Total before tax
 
 
136

 
53

 
Tax benefit
 
 
(327
)
 
(35
)
 
Net of tax
 
 
 
 
 
 
 
Pension and other postretirement benefit items
 
 
 
 
 
 
     Amortization of prior-service credits, net
 
66

 
$
38

 
(A)
Amortization of actuarial losses
 
(2,409
)
 
(4,279
)
 
(A)
Curtailment gain
 
—

 
—

 
(A)
Settlement loss
 
(281
)
 
—

 
(A)
 
 
(2,624
)
 
(4,241
)
 
Total before tax
 
 
814

 
1,500

 
Tax benefit
 
 
(1,810
)
 
(2,741
)
 
Net of tax
 
 
 
 
 
 
 
Foreign currency items
 
 
 
 
 
 
Charge to cumulative translation adjustment (sale of BDNA)
 
$
—

 
$
—

 
Income from discontinued operations
 
 
—

 
—

 
Tax benefit
 
 
—

 
—

 
Net of tax
Total reclassifications in the period
 
$
(2,137
)
 
$
(2,776
)
 
 

(A) These accumulated other comprehensive income components are included within the computation of net periodic pension cost. See Note 11.


Details about Accumulated Other Comprehensive Income Components
 
Amount Reclassified from Accumulated Other Comprehensive Income
Affected Line Item in the Consolidated Statements of Income
 
 
Nine months ended September 30, 2014
 
Nine months ended September 30, 2013
 
 
Gains and losses on cash flow hedges
 
 
 
 
 
 
     Interest rate contracts
 
$
(663
)
 
$
(631
)
 
Interest expense
     Foreign exchange contracts
 
(259
)
 
659

 
Net sales
 
 
(922
)
 
28

 
Total before tax
 
 
304

 
91

 
Tax benefit
 
 
(618
)
 
119

 
Net of tax
 
 
 
 
 
 
 
Pension and other postretirement benefit items
 
 
 
 
 
 
     Amortization of prior service credits, net
 
$
167

 
$
216

 
(A)
Amortization of actuarial losses
 
(7,125
)
 
(13,093
)
 
(A)
Curtailment (loss) gain, net
 
(223
)
 
2,882

 
(A)
Settlement loss
 
(863
)
 
(637
)
 
(A)
 
 
(8,044
)
 
(10,632
)
 
Total before tax
 
 
2,481

 
3,489

 
Tax benefit
 
 
(5,563
)
 
(7,143
)
 
Net of tax
 
 
 
 
 
 
 
Foreign currency items
 
 
 
 
 
 
Charge to cumulative translation adjustment (sale of BDNA)
 
$
—

 
$
(4,143
)
 
Income from discontinued operations
 
 
—

 
—

 
Tax benefit
 
 
—

 
(4,143
)
 
Net of tax
Total reclassifications in the period
 
$
(6,181
)
 
$
(11,167
)
 
 

(A) These accumulated other comprehensive income components are included within the computation of net periodic pension cost. See Note 11.