Changes in Accumulated Other Comprehensive Income (Loss) by Component (Tables)

6 Months Ended

Jun. 30, 2022

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, 2022 and 2021:

	Gains and Losses on Cash Flow Hedges		Pension and Other Postretirement Benefit Items		Foreign Currency Items		Total
December 31, 2021	$	160	$	(112,307)	$	(39,691)	$	(151,838)
Other comprehensive income (loss) before reclassifications	3,206		586		(81,805)		(78,013)
Amounts reclassified from accumulated other comprehensive income to the consolidated statements of income	196		5,265		—		5,461
Net current-period other comprehensive income (loss)	3,402		5,851		(81,805)		(72,552)
June 30, 2022	$	3,562	$	(106,456)	$	(121,496)	$	(224,390)

	Gains and Losses on Cash Flow Hedges		Pension and Other Postretirement Benefit Items		Foreign Currency Items		Total
December 31, 2020	$	(757)	$	(142,119)	$	20,561	$	(122,315)
Other comprehensive (loss) income before reclassifications	(1,003)		145		(26,286)		(27,144)
Amounts reclassified from accumulated other comprehensive income to the consolidated statements of income	453		6,380		—		6,833
Net current-period other comprehensive (loss) income	(550)		6,525		(26,286)		(20,311)
June 30, 2021	$	(1,307)	$	(135,594)	$	(5,725)	$	(142,626)

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-month periods ended June 30, 2022 and 2021:

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, 2022		Three Months Ended June 30, 2021
Cash flow hedges
Interest rate contracts	$	(94)	$	(460)	Interest expense
Foreign exchange contracts	(27)		171		Net sales
	(121)		(289)		Total before tax
	28		73		Tax benefit
	(93)		(216)		Net of tax
Pension and other postretirement benefit items
Amortization of prior service costs	$	(108)	$	(88)	(A)
Amortization of actuarial losses	(3,517)		(4,150)		(A)
	(3,625)		(4,238)		Total before tax
	852		992		Tax benefit
	(2,773)		(3,246)		Net of tax
Total reclassifications in the period	$	(2,866)	$	(3,462)

The following table sets forth the reclassifications out of accumulated other comprehensive income (loss) by component for the six-month periods ended June 30, 2022 and 2021:

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, 2022		Six Months Ended June 30, 2021
Cash flow hedges
Interest rate contracts	$	(260)	(909)		Interest expense
Foreign exchange contracts	3		298		Net sales
	(257)		(611)		Total before tax
	61		158		Tax benefit
	(196)		(453)		Net of tax
Pension and other postretirement benefit items
Amortization of prior service costs	$	(225)	$	(180)	(A)
Amortization of actuarial losses	(6,656)		(8,146)		(A)
	(6,881)		(8,326)		Total before tax
	1,616		1,946		Tax benefit
	(5,265)		(6,380)		Net of tax
Total reclassifications in the period	$	(5,461)	$	(6,833)

(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.