XML 51 R32.htm IDEA: XBRL DOCUMENT v3.5.0.2
Accumulated Other Comprehensive Income (Tables)
 6 Months Ended
Jun. 30, 2016
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Components of Accumulated Other Comprehensive Income, Net of Tax
The following tables summarize those reclassification adjustments (net of taxes): 
 
Three Months Ended June 30, 2016
 
Foreign
currency
translation
adjustment
 
Unrealized
gains on
securities
 
OTTI
 
Pension
under-
funding
 
Accumulated
other
comprehensive
income
Balance at March 31, 2016
$
(258,874
)
 
$
525,315

 
$
21,183

 
$
(62,384
)
 
$
225,240

Change in accumulated other comprehensive
  income (loss) before reclassifications
(14,524
)
 
120,275

 
158

 
—

 
105,909

Amounts reclassified from accumulated other
  comprehensive income
—

 
(4,335
)
 
34

 
406

 
(3,895
)
Net current-period other comprehensive (loss)
  income
(14,524
)
 
115,940

 
192

 
406

 
102,014

Balance at June 30, 2016
$
(273,398
)
 
$
641,255

 
$
21,375

 
$
(61,978
)
 
$
327,254

 
 
 
 
 
 
 
 
 
 
 
Three Months Ended June 30, 2015
 
Foreign
currency
translation
adjustment
 
Unrealized
gains on
securities
 
OTTI
 
Pension
under-
funding
 
Accumulated
other
comprehensive
income
Balance at March 31, 2015
$
(193,662
)
 
$
850,541

 
$
25,700

 
$
(133,582
)
 
$
548,997

Change in accumulated other comprehensive
  income (loss) before reclassifications
20,151

 
(216,522
)
 
95

 
—

 
(196,276
)
Amounts reclassified from accumulated other
  comprehensive income
—

 
(6,542
)
 
(376
)
 
2,616

 
(4,302
)
Net current-period other comprehensive income
  (loss)

20,151

 
(223,064
)
 
(281
)
 
2,616

 
(200,578
)
Balance at June 30, 2015
$
(173,511
)
 
$
627,477

 
$
25,419

 
$
(130,966
)
 
$
348,419

 
 
 
 
 
 
 
 
 
 
 
Six Months Ended June 30, 2016
 
Foreign
currency
translation
adjustment
 
Unrealized
gains on
securities
 
OTTI
 
Pension
under-
funding
 
Accumulated
other
comprehensive
income
Balance at December 31, 2015
$
(270,734
)
 
$
495,443

 
$
22,434

 
$
(128,594
)
 
$
118,549

Change in accumulated other comprehensive
  income (loss) before reclassifications
(2,664
)
 
246,281

 
(1,374
)
 
85,029

 
327,272

Amounts reclassified from accumulated other
  comprehensive income
—

 
(100,469
)
 
315

 
(18,413
)
 
(118,567
)
Net current-period other comprehensive (loss)
  income
(2,664
)
 
145,812

 
(1,059
)
 
66,616

 
208,705

Balance at June 30, 2016
$
(273,398
)
 
$
641,255

 
$
21,375

 
$
(61,978
)
 
$
327,254

 
 
 
 
 
 
 
 
 
 
 
Six Months Ended June 30, 2015
 
Foreign
currency
translation
adjustment
 
Unrealized
gains on
securities
 
OTTI
 
Pension
under-
funding
 
Accumulated
other
comprehensive
income
Balance at December 31, 2014
$
(127,711
)
 
$
793,082

 
$
26,594

 
$
(136,198
)
 
$
555,767

Change in accumulated other comprehensive
  income (loss) before reclassifications
(45,800
)
 
(155,127
)
 
(2,470
)
 
(1
)
 
(203,398
)
Amounts reclassified from accumulated other
  comprehensive income
—

 
(10,478
)
 
1,295

 
5,233

 
(3,950
)
Net current-period other comprehensive (loss) income
(45,800
)
 
(165,605
)
 
(1,175
)
 
5,232

 
(207,348
)
Balance at June 30, 2015
$
(173,511
)
 
$
627,477

 
$
25,419

 
$
(130,966
)
 
$
348,419

 
Reclassification out of Accumulated Other Comprehensive Income
The following tables summarize the reclassifications out of accumulated other comprehensive income for the three and six months ended June 30, 2016 and 2015:
Details about accumulated other comprehensive income components
 
Amount reclassified from
accumulated other
comprehensive income
 
Affected line item in the
statement where net
income is presented
 
 
Three Months Ended June 30,
 
 
 
 
2016
 
2015
 
 
Unrealized gains on securities
 
$
(6,669
)
 
$
(10,064
)
 
Net realized gains on investments, excluding other-than-temporary impairment losses
 
 
2,334

 
3,522

 
Provision for income taxes
 
 
$
(4,335
)
 
$
(6,542
)
 
Net of tax
OTTI
 
$
53

 
$
(578
)
 
Portion of net loss recognized in other comprehensive income, before taxes
 
 
(19
)
 
202

 
Provision for income taxes
 
 
$
34

 
$
(376
)
 
Net of tax
Amortization of pension and postretirement
  unrecognized net periodic benefit cost:
 
 
 
 
 
 
Amortization of prior service cost
 
$
—

 
$
(25
)
 
(1)
Amortization of net loss
 
625

 
4,050

 
(1)
 
 
625

 
4,025

 
Total before tax
 
 
(219
)
 
(1,409
)
 
Provision for income taxes
 
 
$
406

 
$
2,616

 
Net of tax
Total reclassifications for the period
 
$
(3,895
)
 
$
(4,302
)
 
Net of tax
 
 
 
 
 
 
 
Details about accumulated other comprehensive income components
 
Amount reclassified from
accumulated other
comprehensive income
 
Affected line item in the
statement where net
income is presented
 
 
Six Months Ended June 30,
 
 
 
 
2016
 
2015
 
 
Unrealized gains on securities
 
$
(154,567
)
 
$
(16,120
)
 
Net realized gains on investments, excluding other-than-temporary impairment losses
 
 
54,098

 
5,642

 
Provision for income taxes
 
 
(100,469
)
 
(10,478
)
 
Net of tax
OTTI
 
485

 
1,992

 
Portion of net loss recognized in other comprehensive income, before taxes
 
 
(170
)
 
(697
)
 
Provision for income taxes
 
 
$
315

 
$
1,295

 
Net of tax
Amortization of pension and postretirement
  unrecognized net periodic benefit cost:
 
 
 
 
 
 
Amortization of prior service cost
 
$
—

 
$
(50
)
 
(1)
Amortization of net loss
 
1,250

 
8,100

 
(1)
Gain on pension plan curtailment
 
(29,578
)
 
—

 
Gain on pension plan curtailment
 
 
(28,328
)
 
8,050

 
Total before tax
 
 
9,915

 
(2,817
)
 
Provision for income taxes
 
 
(18,413
)
 
5,233

 
Net of tax
Total reclassifications for the period
 
$
(118,567
)
 
$
(3,950
)
 
Net of tax
(1)
These accumulated other comprehensive income components are included in the computation of net periodic pension cost. See Note 14 - Retirement and Other Employee Benefits for additional information.