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Changes in Accumulated Other Comprehensive Income (Loss) by Component (Tables)
 6 Months Ended
Jun. 30, 2017
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Changes in Accumulated Other Comprehensive Income (Loss) By Component
The following table sets forth the changes in accumulated other comprehensive income (loss), net of tax, by component for the six month periods ended June 30, 2017 and 2016:
 
Gains and Losses on Cash Flow Hedges
 
Pension and Other Postretirement Benefit Items
 
Foreign Currency Items
 
Total
January 1, 2017
$
(227
)
 
$
(114,570
)
 
$
(86,031
)
 
$
(200,828
)
Other comprehensive (loss) income before reclassifications to consolidated statements of income
(711
)
 
(1,225
)
 
60,172

 
58,236

Amounts reclassified from accumulated other comprehensive income to the consolidated statements of income
250

 
3,161

 
—

 
3,411

Net current-period other comprehensive (loss) income
(461
)
 
1,936

 
60,172

 
61,647

June 30, 2017
$
(688
)
 
$
(112,634
)
 
$
(25,859
)
 
$
(139,181
)


 
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) income before reclassifications to consolidated statements of income
(571
)
 
53

 
1,110

 
592

Amounts reclassified from accumulated other comprehensive income to the consolidated statements of income
141

 
3,644

 
—

 
3,785

Net current-period other comprehensive (loss) income
(430
)
 
3,697

 
1,110

 
4,377

June 30, 2016
$
(315
)
 
$
(102,006
)
 
$
(36,554
)
 
$
(138,875
)
Schedule of Amounts Reclassified Out of Accumulated Other Comprehensive Income (Loss) to the Consolidated Statements of Income
The following table sets forth the reclassifications out of accumulated other comprehensive income (loss) by component for the three- and six- month periods ended June 30, 2017 and 2016:

Details about Accumulated Other Comprehensive Income (Loss) Components
 
Amount Reclassified from Accumulated Other Comprehensive Income (Loss)
Affected Line Item in the Consolidated Statements of Income
 
 
Three months ended June 30, 2017
 
Three months ended June 30, 2016
 
 
Gains and losses on cash flow hedges
 
 
 
 
 
 
     Interest rate contracts
 
$
(164
)
 
$
(149
)
 
Interest expense
     Foreign exchange contracts
 
(108
)
 
55

 
Net sales
 
 
(272
)
 
(94
)
 
Total before tax
 
 
85

 
43

 
Tax benefit
 
 
(187
)
 
(51
)
 
Net of tax
 
 
 
 
 
 
 
Pension and other postretirement benefit items
 
 
 
 
 
 
     Amortization of prior-service (costs) credits, net
 
$
(94
)
 
$
39

 
(A)
Amortization of actuarial losses
 
(2,733
)
 
(2,947
)
 
(A)
Curtailment gain
 
187

 
—

 
(A)
Settlement gain
 
230

 
—

 
(A)
 
 
(2,410
)
 
(2,908
)
 
Total before tax
 
 
989

 
1,018

 
Tax benefit
 
 
(1,421
)
 
(1,890
)
 
Net of tax
 
 
 
 
 
 
 
Total reclassifications in the period
 
$
(1,608
)
 
$
(1,941
)
 
 

(A) These accumulated other comprehensive income (loss) components are included within the computation of net periodic pension cost. See Note 9.
Details about Accumulated Other Comprehensive Income (Loss) Components
 
Amount Reclassified from Accumulated Other Comprehensive Income (Loss)
Affected Line Item in the Consolidated Statements of Income
 
 
Six months ended June 30, 2017
 
Six months ended June 30, 2016
 
 
Gains and losses on cash flow hedges
 
 
 
 
 
 
     Interest rate contracts
 
$
(227
)
 
$
(300
)
 
Interest expense
     Foreign exchange contracts
 
(138
)
 
60

 
Net sales
 
 
(365
)
 
(240
)
 
Total before tax
 
 
115

 
99

 
Tax benefit
 
 
(250
)
 
(141
)
 
Net of tax
 
 
 
 
 
 
 
Pension and other postretirement benefit items
 
 
 
 
 
 
     Amortization of prior-service (costs) credits, net
 
$
(186
)
 
$
82

 
(A)
Amortization of actuarial losses
 
(5,282
)
 
(5,679
)
 
(A)
Curtailment gain
 
187

 
—

 
(A)
Settlement gain
 
230

 
—

 
(A)
 
 
(5,051
)
 
(5,597
)
 
Total before tax
 
 
1,890

 
1,953

 
Tax benefit
 
 
(3,161
)
 
(3,644
)
 
Net of tax
 
 
 
 
 
 
 
Total reclassifications in the period
 
$
(3,411
)
 
$
(3,785
)
 
 

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