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Accumulated other comprehensive loss (Tables) | 12 Months Ended
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Dec. 31, 2021
Equity [Abstract] |
Accumulated other comprehensive income Loss and Changes in Accumulated other comprehensive loss, net of tax | The following table summarizes the components of accumulated other comprehensive loss and the changes in accumulated other comprehensive loss, net of tax as applicable, for the years ended December 31, 2021 and 2020:
| Foreign Currency Items |  | Defined Benefit Pension Items |  | Gains and Losses on Cash Flow Hedges |  | Accumulated Other Comprehensive Loss
Balance at December 31, 2019 | $ | (241,994) |  |  | $ | (574,413) |  |  | $ | (396) |  |  | $ | (816,803) |
Other comprehensive income/(loss) before reclassifications | 60,336 |  |  | (10,480) |  |  | (2,952) |  |  | 46,904 |
Amounts reclassified from accumulated other comprehensive loss to net income | (12,366) |  |  | 22,146 |  |  | 3,278 |  |  | 13,058 |
Amounts reclassified from accumulated other comprehensive loss to fixed assets | — |  |  | — |  |  | (1) |  |  | (1) |
Other comprehensive income/(loss) | 47,970 |  |  | 11,666 |  |  | 325 |  |  | 59,961 |
Balance at December 31, 2020 | $ | (194,024) |  |  | $ | (562,747) |  |  | $ | (71) |  |  | $ | (756,842) |
Other comprehensive (loss)/income before reclassifications | (75,052) |  |  | 49,145 |  |  | 7,589 |  |  | (18,318) |
Amounts reclassified from accumulated other comprehensive loss to net loss | — |  |  | 422,205 |  |  | (6,258) |  |  | 415,947 |
Amounts reclassified from accumulated other comprehensive loss to fixed assets | — |  |  | — |  |  | (212) |  |  | (212) |
Other comprehensive (loss) income | (75,052) |  |  | 471,350 |  |  | 1,119 |  |  | 397,417 |
Balance at December 31, 2021 | $ | (269,076) |  |  | $ | (91,397) |  |  | $ | 1,048 |  |  | $ | (359,425) |
Reclassification out of accumulated other comprehensive income | The following table summarizes the amounts reclassified from accumulated other comprehensive loss and the affected line items in the consolidated statements of net income for the years ended December 31, 2021 and 2020:
Details about Accumulated Other Comprehensive Loss Components | Year Ended December 31, 2021 |  | Year Ended December 31, 2020 |  | Affected Line Item in the Consolidated Statements of Net Income
Foreign currency items |  |  |  |  |
Amounts reclassified to net (loss)/income | $ | — |  |  | $ | 12,366 |  |  | Loss on divestiture of business,net
| — |  |  | 12,366 |  |  | Net (loss)/income
Defined benefit pension items (see Note 13) |  |  |  |  |
Effect of settlement loss | (550,706) |  |  | (854) |  |  | Non-operating pension cost
Effect of curtailment loss | — |  |  | (32) |  |  | Non-operating pension cost
Amortization of defined benefit pension items | (16,659) |  |  | (28,726) |  |  | Non-operating pension cost
| (567,365) |  |  | (29,612) |  |  |
| 145,160 |  |  | 7,466 |  |  | (Benefit from)/Provision for income taxes
| (422,205) |  |  | (22,146) |  |  | Net (loss)/income
Gains and losses on cash flow hedges (see Note 10) |  |  |  |
Foreign exchange contracts | 3,212 |  |  | (6,662) |  |  | Net Sales
Foreign exchange contracts | (2,544) |  |  | 3,576 |  |  | Cost of sales
Commodity contracts | 7,794 |  |  | (1,213) |  |  | Cost of sales
| 8,462 |  |  | (4,299) |  |  | (Loss)/Income before income taxes
| (2,204) |  |  | 1,021 |  |  | (Benefit from)/Provision for income taxes
| 6,258 |  |  | (3,278) |  |  | Net (loss)/income
Total reclassifications for the period | $ | (415,947) |  |  | $ | (13,058) |  |  | Net (loss)/income
Schedule of other comprehensive loss components | The following table summarizes the tax (expense) benefit amounts for the other comprehensive loss components for the years ended December 31, 2021 and 2020:
|  | For the year ended December 31, 2021 |  | For the year ended December 31, 2020
|  | Before Tax Amount | Tax (Expense) Benefit | After Tax Amount |  | Before Tax Amount | Tax (Expense) Benefit | After Tax Amount
Foreign currency items: |  |  |  |  |  |  |  |
Other comprehensive (loss)/income before reclassifications(a) |  | $ | (75,052) |  | $ | — |  | $ | (75,052) |  |  | $ | 67,917 |  | $ | (7,581) |  | $ | 60,336 |
Amounts reclassified from accumulated other comprehensive loss to net (loss)/income |  | — |  | — |  | — |  |  | (12,366) |  | — |  | (12,366) |
Gains and losses on foreign currency items: |  | (75,052) |  | — |  | (75,052) |  |  | 55,551 |  | (7,581) |  | 47,970 |
Defined benefit pension items: |  |  |  |  |  |  |  |
Other comprehensive income/(loss) before reclassifications |  | 63,559 |  | (14,414) |  | 49,145 |  |  | (13,217) |  | 2,737 |  | (10,480) |
Amounts reclassified from accumulated other comprehensive loss to net (loss)/income(b) |  | 567,365 |  | (145,160) |  | 422,205 |  |  | 29,612 |  | (7,466) |  | 22,146 |
Net other comprehensive income/(loss) from defined benefit pension items(c) |  | 630,924 |  | (159,574) |  | 471,350 |  |  | 16,395 |  | (4,729) |  | 11,666 |
Gains and losses on cash flow hedges: |  |  |  |  |  |  |  |
Other comprehensive income/(loss) before reclassifications |  | 10,249 |  | (2,660) |  | 7,589 |  |  | (3,823) |  | 871 |  | (2,952) |
Amounts reclassified from accumulated other comprehensive loss to net (loss)/income |  | (8,462) |  | 2,204 |  | (6,258) |  |  | 4,299 |  | (1,021) |  | 3,278 |
Amounts reclassified from accumulated other comprehensive loss to fixed assets |  | (289) |  | 77 |  | (212) |  |  | (1) |  | — |  | (1) |
Net other comprehensive income/(loss) from cash flow hedges |  | 1,498 |  | (379) |  | 1,119 |  |  | 475 |  | (150) |  | 325 |
Other comprehensive income/(loss) |  | $ | 557,370 |  | $ | (159,953) |  | $ | 397,417 |  |  | $ | 72,421 |  | $ | (12,460) |  | $ | 59,961 |
(a) Other comprehensive (loss)/income from foreign currency items for the year ended December 31, 2020 includes the settlement gain and corresponding tax provision related to the termination of a net investment hedge. See Note 10 for more information. (b)See Note 13 for more information. (c)The net other comprehensive (loss)/income from defined benefit pension items includes pretax changes of $(32) and $4 during the years ended December 31, 2021 and 2020, related to one of the Company’s equity method investments.

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- Definition Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=124509347&loc=d3e526-108580 + Details
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