XML 34 R30.htm IDEA: XBRL DOCUMENT v2.4.0.8
ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME (Tables)
 9 Months Ended
Sep. 30, 2014
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Components of accumulated other comprehensive (loss) income
The following tables set forth the total changes in AOCI by component, net of taxes for the three months ended September 30, 2014 and 2013:
 
 
Three Months Ended September 30, 2014
 
 
Unrealized (loss) gain on derivatives designated and qualifying as cash flow hedges
 
Defined benefit pension plan activity
 
Currency translation adjustment
 
Total
Balance at June 30, 2014
 
$
(228
)

$
(155,613
)

$
7,450

 
$
(148,391
)
Other comprehensive (loss) income
   before reclassification
 
397


—


(49,610
)
3 

(49,213
)
Amounts reclassified from AOCI
 
(84
)
1 

2,909

2 

—

 
2,825

Net current-period other
   comprehensive (loss) income
 
313

 
2,909

 
(49,610
)
 
(46,388
)
Balance at September 30, 2014
 
$
85

 
$
(152,704
)
 
$
(42,160
)
 
$
(194,779
)
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended September 30, 2013
 
 
Unrealized (loss) gain on derivatives designated and qualifying as cash flow hedges
 
Defined benefit pension plan activity
 
Currency translation adjustment
 
Total
Balance at June 30, 2013
 
$
667


$
(251,767
)

$
(8,687
)
 
$
(259,787
)
Other comprehensive (loss) income
   before reclassification
 
(1,203
)

—


19,777

3 

18,574

Amounts reclassified from AOCI
 
469

1 

4,314

2 

—

 
4,783

Net current-period other
   comprehensive (loss) income
 
(734
)
 
4,314

 
19,777

 
23,357

Balance at September 30, 2013
 
$
(67
)
 
$
(247,453
)
 
$
11,090

 
$
(236,430
)
 
 
 
 
 
 
 
 
 

1
During the 2014 period, this AOCI reclassification is a component of Net sales of $(23) (net of tax of $(20)) and Cost of goods sold of $(61) (net of tax of $(42)); during the 2013 period, the reclassification is a component of Net sales of $165 (net of tax of $29) and Cost of goods sold of $304 (net of tax of $145). (See Note 17 - Derivatives for additional details.)
2
This AOCI component is included in the computation of net periodic pension costs (net of tax of $1,974 and $2,050 during the three months ended September 30, 2014 and 2013, respectively). (See Note 15 - Retirement and Postretirement Benefit Plans for additional details.)
3
The Other comprehensive income before reclassifications excludes $60 and $114 attributable to Non-controlling interests in the three months ended September 30, 2014 and 2013, respectively. (See Note 9 - Equity for additional details.)
The following tables set forth the total changes in AOCI by component, net of taxes for the nine months ended September 30, 2014 and 2013:
 
 
Nine Months Ended September 30, 2014
 
 
Unrealized (loss) gain on derivatives designated and qualifying as cash flow hedges
 
Defined benefit pension plan activity
 
Currency translation adjustment
 
Total
Balance at December 31, 2013
 
$
369

 
$
(160,693
)
 
$
8,383

 
$
(151,941
)
Other comprehensive (loss) income
before reclassification
 
(486
)
 
—

 
(50,543
)
3 

(51,029
)
Amounts reclassified from AOCI
 
202

1 

7,989

2 

—


8,191

Net current-period other
comprehensive (loss) income
 
(284
)
 
7,989

 
(50,543
)
 
(42,838
)
Balance at September 30, 2014
 
$
85

 
$
(152,704
)
 
$
(42,160
)
 
$
(194,779
)
 
 
 
 
 
 
 
 
 
 
 
Nine months ended September 30, 2013
 
 
Unrealized (loss) gain on derivatives designated and qualifying as cash flow hedges
 
Defined benefit pension plan activity
 
Currency translation adjustment
 
Total
Balance at December 31, 2012
 
$
80

 
$
(261,844
)
 
$
26,364

 
$
(235,400
)
Other comprehensive (loss) income
before reclassification
 
(1,067
)
 
—

 
(15,274
)
3 

(16,341
)
Amounts reclassified from AOCI
 
920

1 

14,391

2 

—

 
15,311

Net current-period other
comprehensive (loss) income
 
(147
)
 
14,391

 
(15,274
)
 
(1,030
)
Balance at September 30, 2013
 
$
(67
)
 
$
(247,453
)
 
$
11,090

 
$
(236,430
)
 
 
 
 
 
 
 
 
 
1
During the 2014 period, this AOCI reclassification is a component of Net sales of $27 (net of tax of $(10)) and Cost of goods sold of $175 (net of tax of $63); during the 2013 period, the reclassification is a component of Net sales of $467 (net of tax of $78) and Cost of goods sold of $453 (net of tax of $136). (See Note 17 - Derivatives for additional details.)
2
This AOCI component is included in the computation of net periodic pension costs (net of tax of $5,235 and $8,232 during the nine months ended September 30, 2014 and 2013, respectively). (See Note 15 - Retirement and Postretirement Benefit Plans for additional details.)
3
The Other comprehensive income before reclassifications excludes $765 and $65 attributable to Non-controlling interests in the nine months ended September 30, 2014 and 2013, respectively. (See Note 9 - Equity for additional details.)