Schedule of changes to accumulated other comprehensive loss by component |
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Unrealized |
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Net Loss |
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Retiree |
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on Interest |
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Health |
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Rate |
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Benefit |
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Swap |
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Obligation |
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Total |
Balance at December 31, 2020 |
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$ |
(7,608) |
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$ |
2,113 |
|
$ |
(5,495) |
Other comprehensive gain before reclassifications |
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|
943 |
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|
589 |
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1,532 |
Amounts reclassified from accumulated other comprehensive loss: (1) |
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3,141 |
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(231) |
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|
2,910 |
Balance at December 31, 2021 |
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$ |
(3,524) |
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$ |
2,471 |
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$ |
(1,053) |
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(1) Amounts reclassified from accumulated other comprehensive loss: |
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Amortization of Other Postretirement Benefit items: |
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Actuarial gains (a) |
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$ |
(312) |
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Tax expense |
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81 |
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Reclassification net of tax |
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$ |
(231) |
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Unrealized gains on interest rate swaps reclassified to interest expense |
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$ |
4,244 |
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Tax expense |
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(1,103) |
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Reclassification net of tax |
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$ |
3,141 |
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(a) – These components are included in the computation of benefit plan costs in Note 13. |
Changes to accumulated other comprehensive loss by component for the year ended December 31, 2020 is as follows:
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Unrealized |
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Net Loss |
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Retiree |
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on Interest |
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Health |
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Rate |
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Benefit |
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Swap |
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Obligation |
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Total |
Balance at December 31, 2019 |
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$ |
(5,023) |
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$ |
2,209 |
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$ |
(2,814) |
Other comprehensive gain (loss) before reclassifications |
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(5,047) |
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133 |
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(4,914) |
Amounts reclassified from accumulated other comprehensive loss: (1) |
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2,462 |
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(229) |
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|
2,233 |
Balance at December 31, 2020 |
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$ |
(7,608) |
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$ |
2,113 |
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$ |
(5,495) |
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(1) Amounts reclassified from accumulated other comprehensive loss: |
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Amortization of Other Postretirement Benefit items: |
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Actuarial gain (a) |
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$ |
(310) |
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Tax expense |
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|
81 |
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Reclassification net of tax |
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$ |
(229) |
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Unrealized gains on interest rate swaps reclassified to interest expense |
|
$ |
3,327 |
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Tax expense |
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|
(865) |
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Reclassification net of tax |
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$ |
2,462 |
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(a) – These components are included in the computation of benefit plan costs in Note 13. |
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