INCOME TAXES INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2013

Income Tax Disclosure [Abstract]

Schedule of Income/(Loss) before Income Taxes

For the years ended December 31,	2013			2012		2011
In thousands of dollars
Domestic	$	1,252,208		$	980,176	$	904,418
Foreign	(889		)	35,403		58,427
Income before income taxes	$	1,251,319		$	1,015,579	$	962,845

Schedule of Components of Income Tax Expense (Benefit)

For the years ended December 31,	2013			2012		2011
In thousands of dollars
Current:
Federal	$	372,649		$	299,122	$	254,732
State	47,980			36,187		32,174
Foreign	2,763			5,554		13,366
Current provision for income taxes	423,392			340,863		300,272
Deferred:
Federal	11,334			5,174		37,160
State	2,212			1,897		(1,005		)
Foreign	(6,089		)	6,714		(2,544		)
Deferred income tax provision	7,457			13,785		33,611
Total provision for income taxes	$	430,849		$	354,648	$	333,883

Schedule of Deferred Tax Asset and Liabilities

December 31,	2013			2012
In thousands of dollars
Deferred tax assets:
Post-retirement benefit obligations	$	101,674		$	119,140
Accrued expenses and other reserves	119,387			112,760
Stock-based compensation	47,324			51,388
Derivative instruments	—			23,822
Pension	—			72,374
Lease financing obligation	19,065			19,035
Accrued trade promotion reserves	39,234			30,594
Net operating loss carryforwards	39,606			48,455
Other	11,754			3,643
Gross deferred tax assets	378,044			481,211
Valuation allowance	(87,159		)	(74,021		)
Total deferred tax assets	290,885			407,190
Deferred tax liabilities:
Property, plant and equipment, net	201,224			210,406
Acquired intangibles	64,249			63,585
Inventories	33,885			23,335
Derivative instruments	33,779			—
Pension	8,037			—
Other	1,404			10,849
Total deferred tax liabilities	342,578			308,175
Net deferred tax (liabilities) assets	$	(51,693	)	$	99,015
Included in:
Current deferred tax assets, net	$	52,511		$	122,224
Non-current deferred tax assets, net	—			12,448
Non-current deferred tax liabilities, net	(104,204		)	(35,657		)
Net deferred tax (liabilities) assets	$	(51,693	)	$	99,015

Schedule of Effective Income Tax Rate Reconciliation

For the years ended December 31,	2013		2012		2011
Federal statutory income tax rate	35.0	%	35.0	%	35.0	%
Increase (reduction) resulting from:
State income taxes, net of Federal income tax benefits	2.8		3.2		2.4
Qualified production income deduction	(2.6	)	(2.5	)	(2.2	)
Business realignment and impairment charges and gain on sale of trademark licensing rights	0.1		0.2		(0.1	)
International operations	(0.4	)	(0.1	)	(0.6	)
Other, net	(0.5	)	(0.9	)	0.2
Effective income tax rate	34.4	%	34.9	%	34.7	%

Schedule of Unrecognized Tax Benefits Roll Forward

December 31,	2013			2012
In thousands of dollars
Balance at beginning of year	$	51,520		$	53,553
Additions for tax positions taken during prior years	58,246			11,335
Reductions for tax positions taken during prior years	(5,776		)	(5,478		)
Additions for tax positions taken during the current year	5,523			5,750
Settlements	—			(5,234		)
Expiration of statutes of limitations	(5,550		)	(8,406		)
Balance at end of year	$	103,963		$	51,520