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Derivative Instruments And Hedging Activities (Tables)
9 Months Ended
Sep. 30, 2011
Derivative Instruments And Hedging Activities [Abstract] 
Summary Of Balance Sheet Locations And Related Fair Values Of Outstanding Derivative Instruments

Derivative Instruments

  

Balance Sheet

Location

  

Fair Value

    

Location of Offsetting

Balance

  

Offsetting
Amount

 
     (Dollars in thousands)  

September 30, 2011

 

Derivatives designated as cash flow hedging instruments:

 

Commodity price swap contracts

   Prepayments and other current assets    $ 122,682       Accrued liabilities    $ 100,139   
         Accumulated other comprehensive loss      22,181   
         Cost of products sold (decrease)      362   
           

 

 

 
      $ 122,682      

Total

   $ 122,682   
     

 

 

       

 

 

 

Variable-to-fixed interest rate swap contract

   Other long-term liabilities    $ 7,378       Accumulated other comprehensive loss    $ 7,378   
     

 

 

       

 

 

 

Derivatives not designated as hedging instruments:

 

Commodity price swap contracts

   Prepayments and other current assets    $ 8,115       Cost of products sold (decrease)    $ 8,115   
     

 

 

       

 

 

 

Commodity price swap contracts

   Accrued liabilities    $ 1,184       Cost of products sold (increase)    $ 1,184   
     

 

 

       

 

 

 

Derivative Instruments

  

Balance Sheet

Location

  

Fair Value

    

Location of Offsetting

Balance

  

Offsetting
Amount

 
     (Dollars in thousands)  

December 31, 2010

  

Derivatives designated as cash flow hedging instruments:

 

Commodity price swap contracts

   Accrued liabilities    $ 38       Accumulated other comprehensive loss    $ 38   
     

 

 

       

 

 

 

Variable-to-fixed interest rate swap contract

   Other long-term liabilities    $ 10,026       Accumulated other comprehensive loss    $ 10,026   
     

 

 

       

 

 

 

Derivatives not designated as hedging instruments:

 

Commodity price swap contracts

   Accrued liabilities    $ 497       Cost of products sold (increase)    $ 497