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Changes in Cumulative Other Comprehensive Loss by Component (Tables)
6 Months Ended
Jun. 30, 2013
Equity [Abstract]  
Changes in Cumulative Other Comprehensive Loss by Component

The following tables present the changes in Cumulative Other Comprehensive Loss by Component for the three and six month periods ended June 30, 2013. All amounts are presented net of tax. Amounts in parentheses indicate debits.

 

     Three Months Ended June 30, 2013  
     Cumulative
Currency
Translation
Adjustment
     Changes
in the Fair
Value of
Derivatives
    Unrecognized
Postretirement
Benefit
Plans
    Total  

April 1, 2013

   $ 36,153       $ 1,815      $ (582,165   $ (544,197

Other comprehensive income (loss) before reclassifications

     3,296         2,028 (a)      (392     4,932   

Amount reclassifed from accumulated other comprehensive loss

     —           (565 )(b)      7,750 (c)      7,185   
  

 

 

    

 

 

   

 

 

   

 

 

 

Net current-period other comprehensive income

     3,296         1,463        7,358        12,117   
  

 

 

    

 

 

   

 

 

   

 

 

 

June 30, 2013

   $ 39,449       $ 3,278      $ (574,807   $ (532,080
  

 

 

    

 

 

   

 

 

   

 

 

 

 

(a) This amount represents $3,210 of unrealized gains on cash flow hedges, net of tax of $1,182, that were recognized in Other Comprehensive Loss (see Footnote 4 for additional details).
(b) This amount represents $944 of gains on cash flow hedges, net of tax of $379, that were reclassified out of Cumulative Other Comprehensive Loss and are included in Other income on the Condensed Consolidated Statements of Income (see Footnote 4 for additional details).
(c) This amount represents amortization of prior service credit of $142 and amortization of actuarial losses of ($12,469), net of tax of $4,577, that were reclassified out of Cumulative Other Comprehensive Loss and are included in the computation of net periodic benefit cost (see Footnote 8 for additional details).

 

     Six Months Ended June 30, 2013  
     Cumulative
Currency
Translation
Adjustment
    Changes
in the Fair
Value of
Derivatives
    Unrecognized
Postretirement
Benefit
Plans
    Total  

December 31, 2012

   $ 44,135      $ 427      $ (596,088   $ (551,526

Other comprehensive income (loss) before reclassifications

     (4,686     3,069 (a)      5,783        4,166   

Amount reclassified from accumulated other comprehensive loss

     —          (218 )(b)      15,498 (c)      15,280   
  

 

 

   

 

 

   

 

 

   

 

 

 

Net current-period other comprehensive income (loss)

     (4,686     2,851        21,281        19,446   
  

 

 

   

 

 

   

 

 

   

 

 

 

June 30, 2013

   $ 39,449      $ 3,278      $ (574,807   $ (532,080
  

 

 

   

 

 

   

 

 

   

 

 

 

 

(a) This amount represents $5,242 of unrealized gains on cash flow hedges, net of tax of $2,173, that were recognized in Other Comprehensive Loss (see Footnote 4 for additional details).
(b) This amount represents $449 of gains on cash flow hedges, net of tax of $231, that were reclassified out of Cumulative Other Comprehensive Loss and are included in Other income on the Condensed Consolidated Statements of Income (see Footnote 4 for additional details).
(c) This amount represents amortization of prior service credit of $284 and amortization of actuarial losses of ($24,948), net of tax of $9,166, that were reclassified out of Cumulative Other Comprehensive Loss and are included in the computation of net periodic benefit cost (see Footnote 8 for additional details).