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Changes in Accumulated Other Comprehensive Income by Component (Tables)
12 Months Ended
Dec. 31, 2015
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Amounts in Accumulated Other Comprehensive Income (Loss)
The following tables set forth the changes in accumulated other comprehensive income by component for the years ended December 31, 2015 and December 31, 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 before reclassifications to consolidated statements of income
(70
)
 
(6,921
)
 
(54,232
)
 
(61,223
)
Amounts reclassified from accumulated other comprehensive income to the consolidated statements of income
917

 
16,507

 

 
17,424

Net current-period other comprehensive income (loss)
847

 
9,586

 
(54,232
)
 
(43,799
)
December 31, 2015
$
115

 
$
(105,703
)
 
$
(37,664
)
 
$
(143,252
)
 
 
 
 
 
 
 
 
 
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
(1,074
)
 
(49,144
)
 
(83,168
)
 
(133,386
)
Amounts reclassified from accumulated other comprehensive income to the consolidated statements of income
861

 
7,128

 

 
7,989

Net current-period other comprehensive loss
(213
)
 
(42,016
)
 
(83,168
)
 
(125,397
)
December 31, 2014
$
(732
)
 
$
(115,289
)
 
$
16,568

 
$
(99,453
)
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 years ended December 31, 2015 and December 31, 2014:
Details about Accumulated Other Comprehensive Income Components
 
Amount Reclassified from Accumulated Other Comprehensive Income
 
Affected Line Item in the Consolidated Statements of Income
 
 
2015
 
2014
 
 
Gains and losses on cash flow hedges
 
 
 
 
 
 
     Interest rate contracts
 
$
(853
)
 
$
(886
)
 
Interest expense
     Foreign exchange contracts
 
(490
)
 
(391
)
 
Net sales
 
 
(1,343
)
 
(1,277
)
 
Total before tax
 
 
426

 
416

 
Tax benefit
 
 
(917
)
 
(861
)
 
Net of tax
 
 
 
 
 
 
 
Pension and other postretirement benefit items
 
 
 
 
 
 
     Amortization of prior-service credits, net
 
$
259

 
$
223

 
(A)
Amortization of actuarial losses
 
(16,015
)
 
(9,634
)
 
(A)
Curtailment loss
 

 
(223
)
 
(A)
     Settlement loss
 
(9,939
)
 
(871
)
 
(A)
 
 
(25,695
)
 
(10,505
)
 
Total before tax
 
 
9,188

 
3,377

 
Tax benefit
 
 
(16,507
)
 
(7,128
)
 
Net of tax
 
 
 
 
 
 
 
Total reclassifications in the period
 
$
(17,424
)
 
$
(7,989
)
 
 

(A) These accumulated other comprehensive income components are included within the computation of net periodic pension cost. See Note 12.