XML 76 R41.htm IDEA: XBRL DOCUMENT v2.4.0.8
Other Comprehensive Earnings (Tables)
 9 Months Ended
Sep. 30, 2014
Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Components of other comprehensive income
The amounts recognized in other comprehensive (loss) earnings were as follows:
 
Three Months Ended
 
Three Months Ended
 
September 30, 2014
 
September 30, 2013
 
Pre-tax
 
Tax
 
Net of tax
 
Pre-tax
 
Tax
 
Net of tax
Foreign currency translation adjustments
$
(67,629
)
 
$
(11,146
)
 
$
(78,775
)
 
$
60,802

 
$
998

 
$
61,800

Pension and other postretirement benefit plans
4,298

 
(1,495
)
 
2,803

 
129,959

 
(45,452
)
 
84,507

Changes in fair value of cash flow hedges
(457
)
 
160

 
(297
)
 
(453
)
 
158

 
(295
)
Other
941

 
(14
)
 
927

 
132

 
(17
)
 
115

Total other comprehensive (loss) earnings
$
(62,847
)
 
$
(12,495
)
 
$
(75,342
)
 
$
190,440

 
$
(44,313
)
 
$
146,127


 
Nine Months Ended
 
Nine Months Ended
 
September 30, 2014
 
September 30, 2013
 
Pre-tax
 
Tax
 
Net of tax
 
Pre-tax
 
Tax
 
Net of tax
Foreign currency translation adjustments
$
(72,861
)
 
$
(12,316
)
 
$
(85,177
)
 
$
22,510

 
$
—

 
$
22,510

Pension and other postretirement benefit plans
12,978

 
(4,506
)
 
8,472

 
146,170

 
(51,059
)
 
95,111

Changes in fair value of cash flow hedges
(1,355
)
 
474

 
(881
)
 
(174
)
 
61

 
(113
)
Other
1,708

 
(162
)
 
1,546

 
319

 
(39
)
 
280

Total other comprehensive (loss) earnings
$
(59,530
)
 
$
(16,510
)
 
$
(76,040
)
 
$
168,825

 
$
(51,037
)
 
$
117,788
Schedule of comprehensive income (loss)
Total comprehensive earnings were as follows:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2014
 
2013
 
2014
 
2013
Net earnings
$
231,844

 
$
269,114

 
$
605,941

 
$
809,166

Other comprehensive (loss) earnings
(75,342
)
 
146,127

 
(76,040
)
 
117,788

Comprehensive earnings
$
156,502

 
$
415,241

 
$
529,901

 
$
926,954
Schedule of amounts reclassified from accumulated other comprehensive income (loss) to earnings
Amounts reclassified from accumulated other comprehensive earnings (loss) to earnings (loss) during the three and nine months ended September 30, 2014 and 2013 were as follows:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2014
 
2013
 
2014

2013
Pension and postretirement benefit plans:
 
 
 
 
 
 
 
Amortization of actuarial losses
$
2,164

 
$
4,143

 
$
6,566

 
$
15,997

Amortization of prior service costs
2,134

 
2,225

 
6,412

 
6,582

Total before tax
4,298

 
6,368

 
12,978

 
22,579

Tax provision
(1,495
)
 
(2,195
)
 
(4,506
)
 
(7,802
)
Net of tax
$
2,803

 
$
4,173

 
$
8,472

 
$
14,777

 
 
 
 
 
 
 
 
Cash flow hedges:
 
 
 
 
 
 
 
Net losses (gains) reclassified into earnings
$
261

 
$
(617
)
 
$
(30
)
 
$
(481
)
Tax (provision) benefit
(92
)
 
216

 
10

 
168

Net of tax
$
169

 
$
(401
)
 
$
(20
)
 
$
(313
)