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Accumulated Other Comprehensive Income (Loss)
 9 Months Ended
Jun. 30, 2018
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
The changes in AOCIL, net of tax, by component for the nine months ended June 30, 2018 are as follows:
 
 
Accumulated foreign currency translation (1)
 
Accumulated retirement liability
 
Accumulated gain (loss) on derivatives
 
Total
AOCIL at September 30, 2017
 
$
(83,166
)
 
$
(251,865
)
 
$
(460
)
 
$
(335,491
)
Other comprehensive income (loss) before reclassifications
 
(10,101
)
 
330

 
(640
)
 
(10,411
)
Amounts reclassified from AOCIL
 
—

 
15,688

 
548

 
16,236

Other comprehensive income (loss)
 
(10,101
)
 
16,018

 
(92
)
 
5,825

Tax Cuts and Jobs Act, reclassification from AOCIL to retained earnings (2)
 
—

 
(47,209
)
 
132

 
(47,077
)
AOCIL at June 30, 2018
 
$
(93,267
)
 
$
(283,056
)
 
$
(420
)
 
$
(376,743
)

(1) Net gains and losses on net investment hedges are recorded as cumulative translation adjustments in AOCIL to the extent that the instruments are effective in hedging the designated risk.
(2) In the second quarter of 2018, we early adopted ASU 2018-02 and reclassified the stranded deferred tax effects resulting from the Tax Cuts and Jobs Act to retained earnings.
The amounts reclassified from AOCIL into earnings are as follows:
 
 
 
 
Three Months Ended
 
Nine Months Ended
 
 
Statement of earnings classification
 
June 30,
2018
 
July 1,
2017
 
June 30,
2018
 
July 1,
2017
Retirement liability:
 
 
 
 
 
 
 
 
 
 
Prior service cost (credit)
 
 
 
$
(86
)
 
$
22

 
$
(257
)
 
$
61

Actuarial losses
 
 
 
7,405

 
9,488

 
22,224

 
28,311

Reclassification from AOCIL into earnings (1)
 
7,319

 
9,360

 
21,967

 
28,222

Tax effect
 
 
 
(1,791
)
 
(3,450
)
 
(6,279
)
 
(10,301
)
Net reclassification from AOCIL into earnings
 
$
5,528

 
$
5,910

 
$
15,688

 
$
17,921

Derivatives:
 
 
 
 
 
 
 
 
 
 
Foreign currency contracts
 
Sales
 
$
(122
)
 
$
801

 
$
(378
)
 
$
3,255

Foreign currency contracts
 
Cost of sales
 
428

 
582

 
1,626

 
1,713

Interest rate swaps
 
Interest
 
(259
)
 
20

 
(375
)
 
198

Reclassification from AOCIL into earnings
 
47

 
1,403

 
873

 
5,166

Tax effect
 
 
 
(18
)
 
(384
)
 
(325
)
 
(1,357
)
Net reclassification from AOCIL into earnings
 
$
29

 
$
1,019

 
$
548

 
$
3,809


(1) The reclassifications are included in the computation of net periodic pension cost and postretirement benefit cost.
The amounts deferred in AOCIL are as follows:
 
 
Net deferral in AOCIL - effective portion
 
 
Three Months Ended
 
Nine Months Ended
 
 
June 30,
2018
 
July 1,
2017
 
June 30,
2018
 
July 1,
2017
Foreign currency contracts
 
$
(1,246
)
 
$
68

 
$
(2,073
)
 
$
(2,041
)
Interest rate swaps
 
223

 
(151
)
 
1,470

 
612

Net gain (loss)
 
(1,023
)
 
(83
)
 
(603
)
 
(1,429
)
Tax effect
 
247

 
77

 
(37
)
 
453

Net deferral in AOCIL of derivatives
 
$
(776
)
 
$
(6
)
 
$
(640
)
 
$
(976
)