Accumulated Other Comprehensive Loss

12 Months Ended

Dec. 31, 2012

Accumulated Other Comprehensive Loss

NOTE 4. ACCUMULATED OTHER COMPREHENSIVE LOSS

Accumulated other comprehensive loss is reported in our Consolidated Statements of Stockholders’ Equity. Amounts included in accumulated other comprehensive loss, net of tax, are as follows:

	Unrecognized Net Defined Benefit Plan Costs			Change in Fair Value of Derivatives			Foreign Currency Translation			Total
	(Dollars in thousands)
Balance at January 1, 2010	$	(69,798	)	$	(7,895	)	$	22,092		$	(55,601	)
Other comprehensive (loss) income		(3,809	)		1,200			(4,816	)		(7,425	)
Balance at December 31, 2010		(73,607	)		(6,695	)		17,276			(63,026	)
Other comprehensive (loss) income		(25,602	)		(127	)		(26,527	)		(52,256	)
Balance at December 31, 2011		(99,209	)		(6,822	)		(9,251	)		(115,282	)
Other comprehensive (loss) income		(6,466	)		(905	)		12,740			5,369
Balance at December 31, 2012	$	(105,675	)	$	(7,727	)	$	3,489		$	(109,913	)

The amounts reclassified to earnings from the change in fair value of derivatives component of accumulated other comprehensive loss for the years ended December 31, 2012, 2011 and 2010 were net losses of $3.6 million, $3.1 million and $5.1 million, respectively.

We estimate that we will reclassify $3.4 million of losses, net of income taxes, of the change in fair value of derivatives component of accumulated other comprehensive loss to earnings during the next twelve months. The actual amount that will be reclassified to earnings will vary from this amount as a result of changes in market conditions. See Note 9 which includes a discussion of derivative instruments and hedging activities.

The amounts reclassified to earnings from the unrecognized net defined benefit plan costs component of accumulated other comprehensive loss for the years ended December 31, 2012, 2011 and 2010 were net losses of $11.4 million, $7.8 million and $8.2 million, respectively.

Amounts expected to be recognized as components of net periodic benefit costs in our Consolidated Statement of Income for the year ended December 31, 2013 are $7.4 million and $(0.6) million, net of income taxes, for the net actuarial loss and net prior service credit, respectively, related to our pension and other postretirement benefit plans. See Note 11 for further discussion.