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Changes in Accumulated Other Comprehensive Income by Component
 12 Months Ended
Dec. 31, 2016
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 tables set forth the changes in accumulated other comprehensive income by component for the years ended December 31, 2016 and December 31, 2015:

 
Gains and Losses on Cash Flow Hedges
 
Pension and Other Postretirement Benefit Items
 
Foreign Currency Items
 
Total
January 1, 2016
$
115

 
$
(105,703
)
 
$
(37,664
)
 
$
(143,252
)
Other comprehensive loss before reclassifications to consolidated statements of income
(739
)
 
(16,137
)
 
(48,367
)
 
(65,243
)
Amounts reclassified from accumulated other comprehensive income to the consolidated statements of income
397

 
7,270

 
—

 
7,667

Net current-period other comprehensive loss
(342
)
 
(8,867
)
 
(48,367
)
 
(57,576
)
December 31, 2016
$
(227
)
 
$
(114,570
)
 
$
(86,031
)
 
$
(200,828
)
 
 
 
 
 
 
 
 
 
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
)


The following table sets forth the reclassifications out of accumulated other comprehensive income by component for the years ended December 31, 2016 and December 31, 2015:
Details about Accumulated Other Comprehensive Income Components
 
Amount Reclassified from Accumulated Other Comprehensive Income
 
Affected Line Item in the Consolidated Statements of Income
 
 
2016
 
2015
 
 
Gains and losses on cash flow hedges
 
 
 
 
 
 
     Interest rate contracts
 
$
(557
)
 
$
(853
)
 
Interest expense
     Foreign exchange contracts
 
(61
)
 
(490
)
 
Net sales
 
 
(618
)
 
(1,343
)
 
Total before tax
 
 
221

 
426

 
Tax benefit
 
 
(397
)
 
(917
)
 
Net of tax
 
 
 
 
 
 
 
Pension and other postretirement benefit items
 
 
 
 
 
 
     Amortization of prior-service credits, net
 
$
163

 
$
259

 
(A)
Amortization of actuarial losses
 
(11,326
)
 
(16,015
)
 
(A)
     Settlement loss
 
—

 
(9,939
)
 
(A)
 
 
(11,163
)
 
(25,695
)
 
Total before tax
 
 
3,893

 
9,188

 
Tax benefit
 
 
(7,270
)
 
(16,507
)
 
Net of tax
 
 
 
 
 
 
 
Total reclassifications in the period
 
$
(7,667
)
 
$
(17,424
)
 
 

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