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Changes in Accumulated Other Comprehensive Income (Loss) by Component (Tables)
 6 Months Ended
Jun. 30, 2019
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Changes in Accumulated Other Comprehensive Income (Loss) By Component

The following tables set forth the changes in accumulated other comprehensive income (loss), net of tax, by component for the six month periods ended June 30, 2019 and 2018:
 
Gains and Losses on Cash Flow Hedges
 
Pension and Other Postretirement Benefit Items
 
Foreign Currency Items
 
Total
January 1, 2019
$
834

 
$
(138,690
)
 
$
(52,644
)
 
$
(190,500
)
Other comprehensive loss before reclassifications
(2,038
)
 
(265
)
 
(5,224
)
 
(7,527
)
Amounts reclassified from accumulated other comprehensive income to the consolidated statements of income
245

 
3,802

 
—

 
4,047

Net current-period other comprehensive (loss) income
(1,793
)
 
3,537

 
(5,224
)
 
(3,480
)
June 30, 2019
$
(959
)
 
$
(135,153
)
 
$
(57,868
)
 
$
(193,980
)



 
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
79

 
1,293

 
(38,407
)
 
(37,035
)
Amounts reclassified from accumulated other comprehensive income to the consolidated statements of income
732

 
4,896

 
—

 
5,628

Net current-period other comprehensive income (loss)
811

 
6,189

 
(38,407
)
 
(31,407
)
Amounts reclassified from accumulated other comprehensive income to retained earnings (A)
—

 
(19,331
)
 
—

 
(19,331
)
June 30, 2018
$
883

 
$
(116,986
)
 
$
(41,034
)
 
$
(157,137
)


(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.
Schedule of Amounts Reclassified Out of Accumulated Other Comprehensive Income (Loss) to the Consolidated Statements of Income
The following tables set forth the reclassifications out of accumulated other comprehensive income (loss) by component for the three and six month periods ended June 30, 2019 and 2018:

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, 2019
 
Three months ended June 30, 2018
 
 
Gains and losses on cash flow hedges
 
 
 
 
 
 
Interest rate contracts
 
$
139

 
$
(332
)
 
Interest expense
Foreign exchange contracts
 
(252
)
 
(306
)
 
Net sales
 
 
(113
)
 
(638
)
 
Total before tax
 
 
22

 
146

 
Tax benefit
 
 
(91
)
 
(492
)
 
Net of tax
 
 
 
 
 
 
 
Pension and other postretirement benefit items
 
 
 
 
 
 
Amortization of prior-service costs
 
$
(105
)
 
$
(145
)
 
(A)
Amortization of actuarial losses
 
(2,282
)
 
(3,155
)
 
(A)
Settlement loss
 
(247
)
 
—

 
(A)
 
 
(2,634
)
 
(3,300
)
 
Total before tax
 
 
569

 
806

 
Tax benefit
 
 
(2,065
)
 
(2,494
)
 
Net of tax
 
 
 
 
 
 
 
Total reclassifications in the period
 
$
(2,156
)
 
$
(2,986
)
 
 

(A) These accumulated other comprehensive income (loss) components are included within the computation of net periodic Pension and Other Postretirement Benefits cost. See Note 12.

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, 2019
 
Six months ended June 30, 2018
 
 
Gains and losses on cash flow hedges
 
 
 
 
 
 
Interest rate contracts
 
$
281

 
$
(414
)
 
Interest expense
Foreign exchange contracts
 
(589
)
 
(533
)
 
Net sales
 
 
(308
)
 
(947
)
 
Total before tax
 
 
63

 
215

 
Tax benefit
 
 
(245
)
 
(732
)
 
Net of tax
 
 
 
 
 
 
 
Pension and other postretirement benefit items
 
 
 
 
 
 
Amortization of prior-service costs
 
$
(214
)
 
$
(291
)
 
(A)
Amortization of actuarial losses
 
(4,450
)
 
(6,126
)
 
(A)
Settlement loss
 
(247
)
 
—

 
(A)
 
 
(4,911
)
 
(6,417
)
 
Total before tax
 
 
1,109

 
1,521

 
Tax benefit
 
 
(3,802
)
 
(4,896
)
 
Net of tax
 
 
 
 
 
 
 
Total reclassifications in the period
 
$
(4,047
)
 
$
(5,628
)
 
 

(A) These accumulated other comprehensive income (loss) components are included within the computation of net periodic Pension and Other Postretirement Benefits cost. See Note 12.