Comprehensive Income

9 Months Ended

Sep. 30, 2012

Comprehensive Income [Abstract]

Comprehensive Income

(15)  Comprehensive Income:

Comprehensive income consists of net income and other gains and losses affecting shareholders' investment and pension/OPEB liabilities that, under U.S. GAAP, are excluded from net income.

The components of accumulated other comprehensive loss, net of tax are as follows:

	September 30,			December 31,
($ in thousands)	2012			2011
Pension costs	$	552,895		$	575,163
Postretirement costs		43,709			41,811
Deferred taxes on pension and OPEB costs		(221,931	)		(230,161	)
All other		148			150
	$	374,821		$	386,963

Our other comprehensive income for the three and nine months ended September 30, 2012 and 2011 is as follows:

	For the three months ended September 30,
	2012						2011
	Before-Tax		Tax Expense/		Net-of-Tax		Before-Tax			Tax Expense/		Net-of-Tax
($ in thousands)	Amount		(Benefit)		Amount		Amount			(Benefit)		Amount
Amortization of pension and postretirement costs -
other comprehensive income	$	6,080	$	3,772	$	2,308	$	3,334		$	-	$	3,334
	For the nine months ended September 30,
	2012						2011
	Before-Tax		Tax Expense/		Net-of-Tax		Before-Tax			Tax Expense/		Net-of-Tax
	Amount		(Benefit)		Amount		Amount			(Benefit)		Amount
Amortization of pension and postretirement costs	$	20,370	$	8,228	$	12,142	$	10,003		$	1,199	$	8,804
All other		-		-		-		(480	)		-		(480	)
Other comprehensive income	$	20,370	$	8,228	$	12,142	$	9,523		$	1,199	$	8,324