XML 20 R9.htm IDEA: XBRL DOCUMENT v3.5.0.2
Changes in Cumulative Other Comprehensive Loss
6 Months Ended
Jun. 30, 2016
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 six months ended June 30, 2016 and 2015:
 
 
 
 
 
 
 
 
 
 
(Thousands of dollars)
Foreign Currency Translation Adjustments
 
Pension and Other Postretirement Benefit Adjustments
 
Unrealized Net (Losses) Gains on Available-for-Sale Securities
 
Unrealized Net Losses on Cash Flow Hedges
 
Total Cumulative Other Comprehensive (Loss) Income
Balance at December 31, 2015
$
(482,629
)
 
$
(104,346
)
 
$
(120
)
 
 
 
$
(587,095
)
Amounts recognized in Other comprehensive loss (1)
31,935

 
 
 
455

 
$
(107,948
)
 
(75,558
)
Amounts reclassified from Other comprehensive loss (2)


 
439

 
125

 
 
 
564

Net change
31,935

 
439

 
580

 
(107,948
)
 
(74,994
)
Balance at June 30, 2016
$
(450,694
)
 
$
(103,907
)
 
$
460

 
$
(107,948
)
 
$
(662,089
)

(1) Net of taxes of $(282) for unrealized net gains on available-for-sale securities and $66,721 for unrealized net losses on cash flow hedges.
(2) Net of taxes of $(45) for pension and other postretirement benefit adjustments and $(78) for realized losses on the sale of available-for-sale securities.
 
 
 
 
 
 
 
 
(Thousands of dollars)
Foreign Currency Translation Adjustments
 
Pension and Other Postretirement Benefit Adjustments
 
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
)
Amounts recognized in Other comprehensive loss (3)
(45,554
)
 
 
 
52

 
(45,502
)
Amounts reclassified from Other comprehensive loss (4)
 
 
853

 
(55
)
 
798

Net change
(45,554
)
 
853

 
(3
)
 
(44,704
)
Balance at June 30, 2015
$
(399,938
)
 
$
(117,314
)
 
$
590

 
$
(516,662
)

(3) Net of taxes of $(34) for unrealized net gains on available-for-sale securities.
(4) Net of taxes of $(699) for pension and other postretirement benefit adjustments and $33 for realized gains on the sale of available-for-sale securities.