Accumulated Other Comprehensive Loss (Tables)

9 Months Ended

Sep. 30, 2015

Accumulated Other Comprehensive Loss [Abstract]

Components of Accumulated Other Comprehensive Loss

						Deferred
						Loss on
		Foreign		Retirement and		Interest
		Currency		Postretirement		Rate
		Translation		Benefit Plan		Derivative
(Thousands of dollars)		Gains (Losses)1		Adjustments1		Hedges1		Total1
Balance at December 31, 2014	$	33,701		(189,752)		(14,204)		(170,255)
Components of other comprehensive income (loss):
Before reclassifications to income		(503,799)		767		–		(503,032)
Reclassifications to income		41,745	2	8,338	3	1,445	4	51,528
Net other comprehensive income (loss)		(462,054)		9,105		1,445		(451,504)
Balance at September 30, 2015	$	(428,353)		(180,647)		(12,759)		(621,759)

1All amounts are presented net of income taxes.

2Reclassifications for the nine-month period ended September 30, 2015 are included in discontinued operations and primarily relate to financial adjustments recognized upon selling all operational assets in the U.K.

3Reclassifications before taxes of $12,768 for the nine-month period ended September 30, 2015 are included in the computation of net periodic benefit expense.  See Note G for additional information.  Related income taxes of $4,430for the nine-month period ended September 30, 2015 are included in Income tax expense.

4Reclassifications before taxes of $2,222 for the nine-month period ended September 30, 2015 are included in Interest expense.  Related income taxes of $777 for the nine-month period ended September 30, 2015 are included in Income tax expense.