COMPREHENSIVE INCOME (Tables)

6 Months Ended

Jun. 30, 2013

Comprehensive Income Disclosure [Abstract]

Schedule of Comprehensive Income (Loss)

	For the Three Months Ended June 30, 2013
	Pre-Tax Amount			Tax (Expense) Benefit			After-Tax Amount
In thousands of dollars
Net income							$	159,504
Other comprehensive income (loss):
Foreign currency translation adjustments	$	(19,104	)	—			(19,104		)
Pension and post-retirement benefit plans (a)	11,498			(4,646		)	6,852
Cash flow hedges:
Gains on cash flow hedging derivatives	9,124			(3,342		)	5,782
Reclassification adjustments (b)	3,475			(1,324		)	2,151
Total other comprehensive loss	$	4,993		$	(9,312	)	(4,319		)
Comprehensive income							$	155,185

	For the Three Months Ended July 1, 2012
	Pre-Tax Amount			Tax (Expense) Benefit			After-Tax Amount
In thousands of dollars
Net income							$	135,685
Other comprehensive income (loss):
Foreign currency translation adjustments	$	(11,077	)	$	—		(11,077		)
Pension and post-retirement benefit plans (a)	10,655			(4,040		)	6,615
Cash flow hedges:
Losses on cash flow hedging derivatives	(17,389		)	6,615			(10,774		)
Reclassification adjustments (b)	25,952			(9,940		)	16,012
Total other comprehensive income	$	8,141		$	(7,365	)	776
Comprehensive income							$	136,461

	For the Six Months Ended June 30, 2013
	Pre-Tax Amount			Tax (Expense) Benefit			After-Tax Amount
In thousands of dollars
Net income							$	401,410
Other comprehensive income (loss):
Foreign currency translation adjustments	$	(18,981	)	$	—		(18,981		)
Pension and post-retirement benefit plans (a)	22,301			(8,680		)	13,621
Cash flow hedges:
Gains on cash flow hedging derivatives	6,030			(2,020		)	4,010
Reclassification adjustments (b)	9,318			(3,550		)	5,768
Total other comprehensive income	$	18,668		$	(14,250	)	4,418
Comprehensive income							$	405,828

	For the Six Months Ended July 1, 2012
	Pre-Tax Amount			Tax (Expense) Benefit			After-Tax Amount
In thousands of dollars
Net income							$	334,336
Other comprehensive income (loss):
Foreign currency translation adjustments	$	1,662		$	—		1,662
Pension and post-retirement benefit plans (a)	20,383			(7,775		)	12,608
Cash flow hedges:
Losses on cash flow hedging derivatives	(895		)	126			(769		)
Reclassification adjustments (b)	53,976			(20,673		)	33,303
Total other comprehensive income	$	75,126		$	(28,322	)	46,804
Comprehensive income							$	381,140

Schedule of Accumulated Other Comprehensive Income (Loss)

The components of accumulated other comprehensive income (loss) as shown on the Consolidated Balance Sheets are as follows:

	June 30, 2013			December 31, 2012
In thousands of dollars
Foreign currency translation adjustments	$	(9,808	)	$	9,173
Pension and post-retirement benefit plans, net of tax	(352,416		)	(366,037		)
Cash flow hedges, net of tax	(18,434		)	(28,212		)
Total accumulated other comprehensive loss	$	(380,658	)	$	(385,076	)