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BUSINESS REALIGNMENT AND IMPAIRMENT CHARGES (Tables)
12 Months Ended
Dec. 31, 2013
Restructuring and Related Activities [Abstract]  
Business Realignment And Impairment Charges
.
Charges (credits) associated with business realignment initiatives and impairment recorded during 2013, 2012 and 2011 were as follows:
For the years ended December 31,
 
2013
 
2012
 
2011
In thousands of dollars
 
 
 
 
 
 
 
 
 
 
 
 
 
Cost of sales
 
 
 
 
 
 
Next Century program
 
$
402

 
$
36,383

 
$
39,280

Global supply chain transformation program
 

 

 
5,816

 
 
 
 
 
 
 
Total cost of sales
 
402

 
36,383

 
45,096

 
 
 
 
 
 
 
Selling, marketing and administrative - Next Century program
 
18

 
2,446

 
4,961

 
 
 
 
 
 
 
Business realignment and impairment charges, net
 
 
 
 
 
 
Next Century program:
 
 
 
 
 
 
Pension settlement loss
 

 
15,787

 

Plant closure expenses
 
16,387

 
20,780

 
8,620

Employee separation costs (credits)
 

 
914

 
(9,506
)
India voluntary retirement program
 
2,278

 

 

Tri-US, Inc. asset impairment charges
 

 
7,457

 

 
 
 
 
 
 
 
Total business realignment and impairment charges (credits), net
 
18,665

 
44,938

 
(886
)
 
 
 
 
 
 
 
Total net charges associated with business realignment initiatives and impairment
 
$
19,085

 
$
83,767

 
$
49,171