Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2012

Summary of Adjustment to Correct Cumulative Effect of Error has been Reflected on Company's Consolidated Balance Sheets

The impact on the consolidated statements of cash flows was considered immaterial for each of the years ended December 31, 2012, 2011, and 2010.

	December 31, 2011
	As Previously Reported		Adjustment			As Revised
	(In thousands)
Merchandise inventories, net	$	2,261,997	$	178,114		$	2,440,111
Total current assets		4,576,596		178,114			4,754,710
Deferred tax asset		250,906		10,702			261,608
Other assets		272,110		134,367			406,477
Total assets	$	5,879,591	$	323,183		$	6,202,774
Other accrued expenses	$	116,921	$	214,661		$	331,582
Income taxes payable		35,267		(14,186	)		21,081
Total current liabilities		1,812,073		200,475			2,012,548
Other long-term liabilities		280,978		161,936			442,914
Retained earnings		3,109,622		(39,228	)		3,070,394
Total parent equity		2,783,235		(39,228	)		2,744,007
Total equity		2,792,819		(39,228	)		2,753,591
Total liabilities and equity	$	5,879,591	$	323,183		$	6,202,774

Components of Other Assets

Other assets are comprised of the following:

	December 31
	2012		2011
	(In thousands)
Retirement benefit assets	$	4,021	$	4,374
Deferred compensation benefits		20,642		18,218
Investments		206,487		27,810
Cash surrender value of life insurance policies		78,860		70,109
Customer sales returns inventories		134,367		134,367
Other long-term prepayments and receivables		198,886		151,599
Total other assets	$	643,263	$	406,477

Components of Other Long-Term Liabilities

Other long-term liabilities are comprised of the following:

	December 31
	2012		2011
	(In thousands)
Post-employment and other benefit/retirement liabilities	$	35,273	$	35,797
Insurance liabilities		45,865		45,509
Other lease obligations		33,748		34,186
Other taxes payable		57,510		56,366
Customer deposits		161,936		161,936
Other		153,924		109,120
Total other long-term liabilities	$	488,256	$	442,914

Components of Accumulated Other Comprehensive Loss

Accumulated other comprehensive loss is comprised of the following:

	December 31
	2012			2011
	(In thousands)
Foreign currency translation	$	131,084		$	107,238
Unrecognized net actuarial loss, net of tax		(644,244	)		(617,623	)
Unrecognized prior service credit, net of tax		11,668			28,347
Total accumulated other comprehensive loss	$	(501,492	)	$	(482,038	)