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Components of Accumulated Other Comprehensive Loss
6 Months Ended
Jun. 30, 2021
Equity [Abstract]  
Components of Accumulated Other Comprehensive Loss

NOTE 12. COMPONENTS OF ACCUMULATED OTHER COMPREHENSIVE LOSS

The following table details changes in amounts included in our accumulated other comprehensive loss (AOCL) by component on our Condensed Consolidated Balance Sheets, net of tax:

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

(in thousands)

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Pension Plans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of period

 

$

76,255

 

 

$

101,524

 

 

$

79,025

 

 

$

117,028

 

Amounts arising during the period

 

 

 

 

 

 

 

 

 

 

 

19,402

 

Effect of pension settlement

 

 

 

 

 

 

 

 

 

 

 

(31,811

)

Amounts reclassified from AOCL to earnings

 

 

(2,663

)

 

 

(2,654

)

 

 

(5,433

)

 

 

(5,749

)

Balance at end of period

 

$

73,592

 

 

$

98,870

 

 

$

73,592

 

 

$

98,870

 

Other Postretirement Benefit Plans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of period

 

$

14,600

 

 

$

10,257

 

 

$

14,783

 

 

$

10,331

 

Amounts reclassified from AOCL to earnings

 

 

(182

)

 

 

(73

)

 

 

(365

)

 

 

(147

)

Balance at end of period

 

$

14,418

 

 

$

10,184

 

 

$

14,418

 

 

$

10,184

 

Cash Flow Hedges

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of period

 

$

(36,926

)

 

$

58,525

 

 

$

27,181

 

 

$

20,000

 

Amounts arising during the period

 

 

33,444

 

 

 

3,669

 

 

 

(28,431

)

 

 

43,032

 

Amounts reclassified from AOCL to earnings

 

 

(2,281

)

 

 

(1,822

)

 

 

(4,513

)

 

 

(2,660

)

Balance at end of period

 

$

(5,763

)

 

$

60,372

 

 

$

(5,763

)

 

$

60,372

 

Accumulated other comprehensive loss, end of period

 

$

82,247

 

 

$

169,426

 

 

$

82,247

 

 

$

169,426

 

 

See Note 11: Pension and Other Postretirement Employee Benefits and Note 6: Derivative Instruments for additional information.