Accumulated Other Comprehensive Income (Loss) (Tables)

3 Months Ended

Mar. 31, 2013

Accumulated Other Comprehensive Income (Loss)

Schedule of changes in accumulated other comprehensive income (loss) by component

The following table presents the changes in accumulated other comprehensive income (loss) by component for the three months ended March 31, 2013, net of tax (in thousands).

	Pension and other post-retirement plans			Unrealized gain/(loss) on hedges			Foreign currency translation adjustment			Unrealized gain/(loss) on investments			Total
Beginning balance as of December 31, 2012	$	(266,042	)	$	(4,203	)	$	(1,502	)	$	897		$	(270,850	)
Other comprehensive income (loss) before reclassifications		—			1,338			(15,625	)		48			(14,239	)
Amounts reclassified from accumulated other comprehensive income (loss)		4,659			(616	)		—	(1)		(4	)		4,039
Net current-period other comprehensive income (loss)		4,659			722			(15,625	)		44			(10,200	)
Total	$	(261,383	)	$	(3,481	)	$	(17,127	)	$	941		$	(281,050	)

(1)

Foreign currency translation adjustments are reclassified from accumulated other comprehensive income (loss) upon sale or substantially complete liquidation of an investment in a foreign entity.

Schedule of amounts reclassified out of each component of accumulated other comprehensive income (loss)

The following table presents amounts reclassified out of each component of accumulated other comprehensive income (loss) for the three months ended March 31, 2013 (in thousands).

Details about Accumulated Other Comprehensive Income (Loss) Components	Amount Reclassified from Accumulated Other Comprehensive Income (Loss)			Affected Line Item in the Condensed Consolidated Statements of Operations
Gains and losses on cash flow hedges
Interest rate swaps	$	(997	)	Interest expense
		(997	)	Income (loss) before income tax expense
		381		Income tax benefit
	$	(616	)	Net income (loss)
Amortization of pension and postretirement benefit plans
Prior service cost	$	373		(a)
Net actuarial loss		7,168		(a)
		7,541		Income (loss) before income tax expense
		(2,882	)	Income tax (expense)
	$	4,659		Net income (loss)
Gains and losses on available-for-sale securities	$	(4	)	Other income (loss)
		(4	)	Income (loss) before income tax expense
		—		Income tax (expense)
	$	(4	)	Net income (loss)
Total reclassifications for the period	$	4,039		Net income (loss)

(a)

Amortization of pension benefit items is included in cost of sales (exclusive of depreciation and depletion) and selling, general and administrative expense while amortization of postretirement benefit items is included in postretirement benefits within the Condensed Consolidated Statements of Operations.