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Accumulated Other Comprehensive Income
9 Months Ended
Sep. 30, 2017
Accumulated Other Comprehensive Income [Abstract]  
Accumulated Other Comprehensive Income
9.
Accumulated Other Comprehensive Income

The following table summarizes the changes in OCI during the three- and nine-month periods ended September 30, 2017:

(In thousands)
 
Cash Flow
Hedges (a)
  
Pension
Items (a)
  
Foreign
Currency
Items
  
Total
 
Balance as of June 30, 2017
 
$
161
  
$
(1,145
)
 
$
(159,993
)
 
$
(160,977
)
Other comprehensive (loss) income before reclassifications
  
(437
)
  
-
   
12,827
   
12,390
 
Amounts reclassified from OCI
  
22
   
(26
)
  
-
   
(4
)
Balance as of September 30, 2017
 
$
(254
)
 
$
(1,171
)
 
$
(147,166
)
 
$
(148,591
)

(In thousands)
 
Cash Flow
Hedges (a)
  
Pension
Items (a)
  
Foreign
Currency
Items
  
Total
 
Balance as of December 31, 2016
 
$
(85
)
 
$
(2,537
)
 
$
(210,843
)
 
$
(213,465
)
Other comprehensive (loss) income before reclassifications
  
(46
)
  
-
   
56,895
   
56,849
 
Amounts reclassified from OCI
  
(123
)
  
1,366
   
6,782
   
8,025
 
Balance as of September 30, 2017
 
$
(254
)
 
$
(1,171
)
 
$
(147,166
)
 
$
(148,591
)

 
(a)
Cash Flow Hedges and Pension Items are net of tax.
 
In 2017, the Company completed the divestiture of a facility and certain related business lines in the Flavors & Fragrances segment (See Note 13,Divestiture, for additional information), resulting in the reclassification of the cumulative translation loss of $2.8 million into net earnings. In addition, the Company completed the sale of its European Natural Ingredient business (See Note 11, Restructuring, for additional information), resulting in the reclassification of the cumulative translation loss of $4.0 million into net earnings. During the three months ended June 30, 2017, one of the Company’s pension plans was terminated resulting in the reclassification of the cumulative loss of $1.5 million into net earnings (See Note 5, Retirement Plans, for additional information).