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Changes in Accumulated Other Comprehensive Income (Loss) by Component (Tables)
 9 Months Ended
Sep. 30, 2018
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Changes in Accumulated Other Comprehensive Income (Loss) By Component
The following tables sets forth the changes in accumulated other comprehensive income (loss), net of tax, by component for the nine month periods ended September 30, 2018 and 2017:
 
Gains and Losses on Cash Flow Hedges
 
Pension and Other Postretirement Benefit Items
 
Foreign Currency Items
 
Total
January 1, 2018
$
72

 
$
(103,844
)
 
$
(2,627
)
 
$
(106,399
)
Other comprehensive income (loss) before reclassifications
930

 
1,076

 
(36,670
)
 
(34,664
)
Amounts reclassified from accumulated other comprehensive income to the consolidated statements of income
956

 
7,306

 
—

 
8,262

Net current-period other comprehensive income (loss)
1,886

 
8,382

 
(36,670
)
 
(26,402
)
Amounts reclassified from accumulated other comprehensive income to retained earnings (A)
—

 
(19,331
)
 
—

 
(19,331
)
September 30, 2018
$
1,958

 
$
(114,793
)
 
$
(39,297
)
 
$
(152,132
)


(A) This amount represents the reclassification of stranded tax effects resulting from the Act, as permitted by amended guidance issued by the FASB in February 2018. See Note 3.
 
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 income (loss) before reclassifications
(501
)
 
(1,888
)
 
80,174

 
77,785

Amounts reclassified from accumulated other comprehensive income to the consolidated statements of income
377

 
5,464

 
—

 
5,841

Net current-period other comprehensive income
(124
)
 
3,576

 
80,174

 
83,626

September 30, 2017
$
(351
)
 
$
(110,994
)
 
$
(5,857
)
 
$
(117,202
)
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 nine month periods ended September 30, 2018 and 2017:

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
September 30, 2018
 
Three Months Ended
September 30, 2017
 
 
Gains and losses on cash flow hedges
 
 
 
 
 
 
Interest rate contracts
 
$
40

 
$
(174
)
 
Interest expense
Foreign exchange contracts
 
(326
)
 
(40
)
 
Net sales
 
 
(286
)
 
(214
)
 
Total before tax
 
 
62

 
74

 
Tax benefit
 
 
(224
)
 
(140
)
 
Net of tax
 
 
 
 
 
 
 
Pension and other postretirement benefit items
 
 
 
 
 
 
Amortization of prior-service costs, net
 
$
(146
)
 
$
(93
)
 
(A)
Amortization of actuarial losses
 
(3,014
)
 
(2,771
)
 
(A)
Curtailment gain
 
—

 
—

 
(A)
Settlement loss
 
—

 
(298
)
 
(A)
 
 
(3,160
)
 
(3,162
)
 
Total before tax
 
 
750

 
946

 
Tax benefit
 
 
(2,410
)
 
(2,216
)
 
Net of tax
 
 
 
 
 
 
 
Total reclassifications in the period
 
$
(2,634
)
 
$
(2,356
)
 
 

(A) These accumulated other comprehensive income (loss) components are included within the computation of net periodic Pension and Other Postretirement Benefits cost. See Note 11.

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
 
 
Nine months ended
September 30, 2018
 
Nine months ended
September 30, 2017
 
 
Gains and losses on cash flow hedges
 
 
 
 
 
 
Interest rate contracts
 
$
(374
)
 
$
(380
)
 
Interest expense
Foreign exchange contracts
 
(859
)
 
(178
)
 
Net sales
 
 
(1,233
)
 
(558
)
 
Total before tax
 
 
277

 
181

 
Tax benefit
 
 
(956
)
 
(377
)
 
Net of tax
 
 
 
 
 
 
 
Pension and other postretirement benefit items
 
 
 
 
 
 
Amortization of prior-service costs, net
 
$
(437
)
 
$
(279
)
 
(A)
Amortization of actuarial losses
 
(9,140
)
 
(8,053
)
 
(A)
Curtailment gain
 
—

 
187

 
(A)
Settlement loss
 
—

 
(68
)
 
(A)
 
 
(9,577
)
 
(8,213
)
 
Total before tax
 
 
2,271

 
2,749

 
Tax benefit
 
 
(7,306
)
 
(5,464
)
 
Net of tax
 
 
 
 
 
 
 
Total reclassifications in the period
 
$
(8,262
)
 
$
(5,841
)
 
 

(A) These accumulated other comprehensive income (loss) components are included within the computation of net periodic Pension and Other Postretirement Benefits cost. See Note 11.