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Other Comprehensive Income (Notes)
 9 Months Ended
Sep. 30, 2017
Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Comprehensive Income (Loss) Note [Text Block]
ACCUMULATED OTHER COMPREHENSIVE INCOME
The following table presents changes in accumulated other comprehensive income by component for the nine months ended September 30, 2017 and 2016:
 
Currency Translation Adjustment, Net of Tax
 
Net Unrealized
Gain (Loss) on
Cash Flow Hedging Arrangements,
Net of Tax
 
Pension and Post-Retirement Benefit Related Items,
Net of Tax
 
Total
Balance at December 31, 2016
$
(115,322
)
 
$
(2,232
)
 
$
(237,444
)
 
$
(354,998
)
Other comprehensive income (loss), net of tax:
 
 
 
 
 
 
 
Amounts recognized in accumulated other comprehensive income (loss), net of tax
—

 
(578
)
 
—

 
(578
)
Foreign currency translation adjustment
78,447

 
—

 
(12,054
)
 
66,393

Amounts recognized from accumulated other comprehensive income (loss), net of tax
—

 
365

 
11,181

 
11,546

Net change in other comprehensive income (loss), net of tax
78,447

 
(213
)
 
(873
)
 
77,361

Balance at September 30, 2017
$
(36,875
)
 
$
(2,445
)
 
$
(238,317
)
 
$
(277,637
)

 
Currency Translation Adjustment, Net of Tax
 
Net Unrealized
Gain (Loss) on
Cash Flow Hedging Arrangements,
Net of Tax
 
Pension and Post-Retirement Benefit Related Items,
Net of Tax
 
Total
Balance at December 31, 2015
$
(57,394
)
 
$
3,016

 
$
(212,271
)
 
$
(266,649
)
Other comprehensive income (loss), net of tax:

 

 

 

Unrealized gains (losses) on cash flow hedging arrangements
—

 
(3,760
)
 
(4,545
)
 
(8,305
)
Foreign currency translation adjustment
162

 
(217
)
 
(2,071
)
 
(2,126
)
Amounts recognized from accumulated other comprehensive income (loss), net of tax
—

 
(3,121
)
 
13,798

 
10,677

Net change in other comprehensive income (loss), net of tax
162

 
(7,098
)
 
7,182

 
246

Balance at September 30, 2016
$
(57,232
)
 
$
(4,082
)
 
$
(205,089
)
 
$
(266,403
)

The following table presents amounts recognized from accumulated other comprehensive income (loss) for the three and nine month periods ended September 30:
 
 
Three months ended September 30,
 
 
 
 
2017
 
2016
 
Location of Amounts Recognized in Earnings
Effective portion of (gains) / losses on cash flow hedging arrangements:
 
 
 
 
 
 
Interest rate swap agreements
 
$
424

 
$
258

 
Interest expense
Cross currency swap agreement
 
(1,866
)
 
—

 
(a)
Foreign currency forward contracts
 
—

 
(1,601
)
 
Cost of sales - products
Total before taxes
 
(1,442
)
 
(1,343
)
 
 
Provision for taxes
 
18

 
(229
)
 
Provision for taxes
Total, net of taxes
 
$
(1,460
)
 
$
(1,114
)
 
 
 
 
 
 
 
 
 
Recognition of defined benefit pension and post-retirement items:
 
 
 
 
 
 
Recognition of actuarial losses and prior service cost, before taxes
 
$
5,035

 
$
3,996

 
(b)
Provision for taxes
 
1,319

 
1,033

 
Provision for taxes
Total, net of taxes
 
$
3,716

 
$
2,963

 
 

(a) The cross currency swap reflects an unrealized gain of $1.3 million recorded in other charges (income) that was offset by the underlying unrealized gain on the hedged debt. The cross currency swap also reflects a realized gain of $0.6 million recorded in interest expense.
(b) These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and post-retirement cost. See Note 11 for additional details for the three and nine months ended September 30, 2017 and 2016.
 
 
Nine months ended September 30,
 
 
 
 
2017
 
2016
 
Location of Amounts Recognized in Earnings
Effective portion of (gains) / losses on cash flow hedging arrangements:
 
 
 
 
 
 
Interest rate swap agreements
 
$
1,273

 
$
784

 
Interest expense
Cross currency swap agreement
 
(454
)
 
—

 
(a)
Foreign currency forward contracts
 
—

 
(4,532
)
 
Cost of sales - products
Total before taxes
 
819

 
(3,748
)
 
 
Provision for taxes
 
454

 
(627
)
 
Provision for taxes
Total, net of taxes
 
$
365

 
$
(3,121
)
 
 
 
 
 
 
 
 
 
Recognition of defined benefit pension and post-retirement items:
 
 
 
 
 
 
Recognition of actuarial losses, settlement loss and prior service cost, before taxes
 
$
15,128

 
$
19,964

 
(b)
Provision for taxes
 
3,947

 
6,166

 
Provision for taxes
Total, net of taxes
 
$
11,181

 
$
13,798

 
 
(a) The cross currency swap reflects an unrealized loss of $0.2 million recorded in other charges (income) that was offset by the underlying unrealized gain on the hedged debt. The cross currency swap also reflects a realized gain of $0.6 million recorded in interest expense.
(b) These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and post-retirement cost. See Note 11 for additional details for the three and nine months ended September 30, 2017 and 2016.

Comprehensive income (loss), net of tax consisted of the following as of September 30:
 
Three Months Ended
 
Nine Months Ended
 
2017
 
2016
 
2017
 
2016
Net earnings
$
104,950

 
$
101,332

 
$
298,996

 
$
246,594

Other comprehensive income (loss), net of tax
20,749

 
16,372

 
77,361

 
246

Comprehensive income, net of tax
$
125,699

 
$
117,704

 
$
376,357

 
$
246,840