XML 56 R27.htm IDEA: XBRL DOCUMENT v3.2.0.727
Changes in Accumulated Other Comprehensive Income by Component (Tables)
 6 Months Ended
Jun. 30, 2015
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of 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 six- month periods ended June 30, 2015 and 2014:
 
Gains and Losses on Cash Flow Hedges
 
Pension and Other Postretirement Benefit Items
 
Foreign Currency Items
 
Total
January 1, 2015
$
(732
)
 
$
(115,289
)
 
$
16,568

 
$
(99,453
)
Other comprehensive (loss) income before reclassifications to consolidated statements of income
(249
)
 
355

 
(16,125
)
 
(16,019
)
Amounts reclassified from accumulated other comprehensive income to the consolidated statements of income
550

 
5,096

 
—

 
5,646

Net current-period other comprehensive income (loss)
301

 
5,451

 
(16,125
)
 
(10,373
)
June 30, 2015
$
(431
)
 
$
(109,838
)
 
$
443

 
$
(109,826
)


 
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
(820
)
 
(8,133
)
 
(10,560
)
 
(19,513
)
Amounts reclassified from accumulated other comprehensive income to the consolidated statements of income
291

 
3,752

 
—

 
4,043

Net current-period other comprehensive loss
(529
)
 
(4,381
)
 
(10,560
)
 
(15,470
)
June 30, 2014
$
(1,048
)
 
$
(77,654
)
 
$
89,176

 
$
10,474
Schedule of Amounts Reclassified Out of Accumulated Other Comprehensive Income to the Consolidated Statements of Income
The following table sets forth the reclassifications out of accumulated other comprehensive income by component for the three-and six- month periods ended June 30, 2015 and 2014:

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 June 30, 2015
 
Three months ended June 30, 2014
 
 
Gains and losses on cash flow hedges
 
 
 
 
 
 
     Interest rate contracts
 
$
(214
)
 
$
(222
)
 
Interest expense
     Foreign exchange contracts
 
(116
)
 
(42
)
 
Net sales
 
 
(330
)
 
(264
)
 
Total before tax
 
 
106

 
92

 
Tax benefit
 
 
(224
)
 
(172
)
 
Net of tax
 
 
 
 
 
 
 
Pension and other postretirement benefit items
 
 
 
 
 
 
     Amortization of prior-service credits, net
 
$
64

 
$
61

 
(A)
Amortization of actuarial losses
 
(4,300
)
 
(2,537
)
 
(A)
Settlement loss
 
—

 
(582
)
 
(A)
 
 
(4,236
)
 
(3,058
)
 
Total before tax
 
 
1,421

 
855

 
Tax benefit
 
 
(2,815
)
 
(2,203
)
 
Net of tax
 
 
 
 
 
 
 
Total reclassifications in the period
 
$
(3,039
)
 
$
(2,375
)
 
 
(A) These accumulated other comprehensive income components are included within the computation of net periodic pension cost. See Note 9.

Details about Accumulated Other Comprehensive Income Components
 
Amount Reclassified from Accumulated Other Comprehensive Income
Affected Line Item in the Consolidated Statements of Income
 
 
Six months ended June 30, 2015
 
Six months ended June 30, 2014
 
 
Gains and losses on cash flow hedges
 
 
 
 
 

     Interest rate contracts
 
$
(429
)
 
$
(439
)
 
Interest expense
     Foreign exchange contracts
 
(360
)
 
(20
)
 
Net sales
 
 
(789
)
 
(459
)
 
Total before tax
 
 
239

 
168

 
Tax benefit
 
 
(550
)
 
(291
)
 
Net of tax
 
 
 
 
 
 
 
Pension and other postretirement benefit items
 
 
 
 
 
 
     Amortization of prior-service credits, net
 
$
127

 
$
101

 
(A)
Amortization of actuarial losses
 
(7,990
)
 
(4,715
)
 
(A)
Curtailment loss
 
—

 
(223
)
 
(A)
Settlement loss
 
—

 
(582
)
 
(A)
 
 
(7,863
)
 
(5,419
)
 
Total before tax
 
 
2,767

 
1,667

 
Tax benefit
 
 
(5,096
)
 
(3,752
)
 
Net of tax
 
 
 
 
 
 
 
Total reclassifications in the period
 
$
(5,646
)
 
$
(4,043
)
 
 

(A) These accumulated other comprehensive income components are included within the computation of net periodic pension cost. See Note 9.