Accumulated Other Comprehensive Loss

6 Months Ended

Jun. 30, 2013

Other Comprehensive Income (Loss), Net of Tax [Abstract]

ACCUMULATED OTHER COMPREHENSIVE LOSS

ACCUMULATED OTHER COMPREHENSIVE LOSS

The following summaries set forth the components of accumulated other comprehensive loss, net of tax:

	Currency Translation Adjustments			Net Actuarial Loss (1)		Prior Service Credit (1)		Transition Obligation (1)	Unrealized Gain (Loss) on  Derivatives	Accumulated Other Comprehensive Loss
	(In thousands)
December 31, 2012	$	57,848		(648,125	)	2,634		12	12	(587,619	)
Amortization	—			11,514		(697	)	—	—	10,817
Current period change	(49,952		)	(3,714	)	—		—	9	(53,657	)
June 30, 2013	$	7,896		(640,325	)	1,937		12	21	(630,459	)

	Currency Translation Adjustments		Net Actuarial Loss (1)		Prior Service Credit (1)		Transition Obligation (1)	Unrealized Gain (Loss) on  Derivatives	Accumulated Other Comprehensive Loss
	(In thousands)
December 31, 2011	$	28,219	(599,687	)	4,291		12	—	(567,165	)
Amortization	—		10,107		(814	)	—	—	9,293
Current period change	5,844		(2,547	)	—		—	19	3,316
June 30, 2012	$	34,063	(592,127	)	3,477		12	19	(554,556	)

_______________________ 

(1) These amounts are included in the computation of net periodic pension cost. See Note (R), "Employee Benefit Plans", for further information.

The loss from currency translation adjustments in 2013 of $50.0 million was due to the weakening of the British Pound and the Canadian Dollar compared to the U.S. Dollar. The currency translation adjustment in 2012 of $5.8 million reflects the strengthening of the British Pound against the U.S. Dollar.