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Changes in Cumulative Other Comprehensive Loss
3 Months Ended
Mar. 31, 2015
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]  
CHANGES IN CUMULATIVE OTHER COMPREHENSIVE LOSS
CHANGES IN CUMULATIVE OTHER COMPREHENSIVE LOSS
The following tables summarize the changes in Cumulative other comprehensive loss for the three months ended March 31, 2015 and 2014:
(Thousands of dollars)
 
 
 
 
 
 
 
 
Foreign Currency Translation Adjustments
 
Net Actuarial (Losses) Gains and Prior Service Costs Recognized for Employee Benefit Plans
 
Unrealized Net Gains (Losses) on Available-for-Sale Securities
 
Total Cumulative Other Comprehensive Loss
Balance at December 31, 2014
$
(354,384
)
 
$
(118,167
)
 
$
593

 
$
(471,958
)
Other comprehensive loss before reclassifications(1)
(56,776
)
 
 
 
(132
)
 
(56,908
)
Amounts reclassified from other comprehensive (loss) income(2)


 
570

 
(9
)
 
561

Net other comprehensive (loss) income
(56,776
)
 
570

 
(141
)
 
(56,347
)
Balance at March 31, 2015
$
(411,160
)
 
$
(117,597
)
 
$
452

 
$
(528,305
)

(1) Net of taxes of $81 for unrealized net losses on available-for-sale securities.
(2) Net of taxes of $(206) for net actuarial losses and prior service costs recognized for employee benefit plans and $4 for realized gains on the sale of available-for-sale securities.
(Thousands of dollars)
 
 
 
 
 
 
 
 
Foreign Currency Translation Adjustments
 
Net Actuarial Losses and Prior Service Costs Recognized for Employee Benefit Plans
 
Unrealized Net Gains (Losses) on Available-for-Sale Securities
 
Total Cumulative Other Comprehensive Loss
Balance at December 31, 2013
$
(250,942
)
 
$
(70,611
)
 
$
509

 
$
(321,044
)
Other comprehensive loss before reclassifications(3)
(8,055
)
 
(570
)
 
(65
)
 
(8,690
)
Amounts reclassified from other comprehensive (loss) income(4)
 
 
504

 
(17
)
 
487

Net other comprehensive (loss) income
(8,055
)
 
(66
)
 
(82
)
 
(8,203
)
Balance at March 31, 2014
$
(258,997
)
 
$
(70,677
)
 
$
427

 
$
(329,247
)

(3) Net of taxes of $244 for net actuarial losses and prior service costs recognized for employee benefit plans and $41 for unrealized net losses on available-for-sale securities.
(4) Net of taxes of $(207) for net actuarial losses and prior service costs recognized for employee benefit plans and $11 for realized gains on the sale of available-for-sale securities.