Accumulated Other Comprehensive Income

6 Months Ended

Jun. 30, 2012

Accumulated Other Comprehensive Income [Abstract]

Accumulated Other Comprehensive Income

8. Accumulated Other Comprehensive Income

Activity in accumulated other comprehensive income is reflected in the consolidated statements of comprehensive income (loss) and consolidated statements of changes in equity but not in the consolidated statements of operations.  A summary of accumulated other comprehensive income, net of taxes at June 30, 2012 and December 31, 2011 is as follows (in thousands):

	June 30,			December 31,
	2012			2011
Net unrealized gains on investments	$	630,552		$	998,151
Net unrealized foreign exchange losses		(7,674	)		(3,168	)
Net unrealized losses on derivative instruments		(153	)		–
Net minimum pension liability		(81,656	)		(83,537	)
Net postretirement benefit		652			975
	$	541,721		$	912,421