Pension and Postretirement Plans (Tables)

12 Months Ended

Dec. 31, 2013

Defined Benefit Plans [Member]

Defined Benefit Plan Disclosure [Line Items]

Schedule of Amounts Recognized in Balance Sheet

The amounts recognized in the Company’s Consolidated Balance Sheets for its defined benefit pension plans are as follows:

	Pension Plans				SERP
	As of December 31				As of December 31
(in thousands)	2013		2012		2013			2012
Noncurrent asset	$	1,245,505	$	604,823	—			—
Current liability	—		—		(4,251		)	(4,368		)
Noncurrent liability	—		—		(86,918		)	(99,694		)
Recognized Asset (Liability)	$	1,245,505	$	604,823	$	(91,169	)	$	(104,062	)

Schedule of Estimated Benefit Payments

At December 31, 2013, future estimated benefit payments, excluding charges for early retirement programs, are as follows:

(in thousands)	Pension Plans		SERP
2014	$	79,012	$	5,010
2015	$	76,105	$	5,098
2016	$	74,913	$	5,426
2017	$	74,794	$	5,592
2018	$	75,357	$	5,879
2019-2023	$	385,612	$	31,610

Schedule of Amounts Recognized in Accumulated Other Comprehensive Income (Loss)

Accumulated other comprehensive income (AOCI) includes the following components of unrecognized net periodic cost for the defined benefit plans:

	Pension Plans						SERP
	As of December 31						As of December 31
(in thousands)	2013			2012			2013			2012
Unrecognized actuarial (gain) loss	$	(840,273	)	$	(193,469	)	$	19,266		33,725
Unrecognized prior service cost	1,362			15,931			136			191
Gross Amount	(838,911		)	(177,538		)	19,402			33,916
Deferred tax liability (asset)	335,564			71,015			(7,761		)	(13,566		)
Net Amount	$	(503,347	)	$	(106,523	)	$	11,641		$	20,350

Schedule of Expected Net Periodic Cost to be Recognized in Accumulated Other Comprehensive Income (Loss)

During 2014, the Company expects to recognize the following amortization components of net periodic cost for the defined benefit plans:

	2014
(in thousands)	Pension Plans			SERP
Actuarial (gain) loss recognition	$	(28,154	)	$	1,313
Prior service cost recognition	$	329		$	47

Defined Benefit Plans [Member] | Periodic Cost [Member]

Defined Benefit Plan Disclosure [Line Items]

Schedule of Assumptions Used

The costs for the Company’s defined benefit pension plans are actuarially determined. Below are the key assumptions utilized to determine periodic cost:

	Pension Plans						SERP
	Year Ended December 31						Year Ended December 31
	2013		2012		2011		2013		2012		2011
Discount rate	4.0	%	4.7	%	5.6	%	4.0	%	4.7	%	5.6	%
Expected return on plan assets	6.5	%	6.5	%	6.5	%	—		—		—
Rate of compensation increase	4.0	%	4.0	%	4.0	%	4.0	%	4.0	%	4.0	%

Defined Benefit Plans [Member] | Benefit Obligation [Member]

Defined Benefit Plan Disclosure [Line Items]

Schedule of Assumptions Used

Key assumptions utilized for determining the benefit obligation are as follows:

	Pension Plans				SERP
	As of December 31				As of December 31
	2013		2012		2013		2012
Discount rate	4.8	%	4.0	%	4.8	%	4.0	%
Rate of compensation increase	4.0	%	4.0	%	4.0	%	4.0	%

Pension Plans [Member]

Defined Benefit Plan Disclosure [Line Items]

Schedule of Obligation, Asset and Funding Information

The following table sets forth obligation, asset and funding information for the Company’s defined benefit pension plans:

	Pension Plans
	As of December 31
(in thousands)	2013			2012
Change in Benefit Obligation
Benefit obligation at beginning of year	$	1,466,322		$	1,279,315
Service cost	46,115			40,344
Interest cost	55,821			59,124
Amendments	22,700			8,508
Actuarial (gain) loss	(156,385		)	144,286
Benefits paid	(81,162		)	(65,255		)
Curtailment	(55,690		)	—
Settlement	(171,377		)	—
Benefit Obligation at End of Year	$	1,126,344		$	1,466,322
Change in Plan Assets
Fair value of assets at beginning of year	$	2,071,145		$	1,816,577
Actual return on plan assets	699,518			319,823
Benefits paid	(81,162		)	(65,255		)
Settlement	(317,652		)	—
Fair Value of Assets at End of Year	$	2,371,849		$	2,071,145
Funded Status	$	1,245,505		$	604,823

Schedule of Net (Benefit) Costs

The total cost (benefit) arising from the Company’s defined benefit pension plans, including the portion included in discontinued operations, consists of the following components:

	Pension Plans
	Year Ended December 31
(in thousands)	2013			2012			2011
Service cost	$	46,115		40,344			$	27,619
Interest cost	55,821			59,124			60,033
Expected return on assets	(105,574		)	(96,132		)	(95,983		)
Amortization of prior service cost	2,809			3,695			3,605
Recognized actuarial loss	2,756			9,013			—
Net Periodic Cost (Benefit) for the Year	1,927			16,044			(4,726		)
Curtailment	(43,930		)	—			—
Settlement	39,995			—			—
Early retirement programs and special separation benefit expense	22,700			8,508			634
Total Cost (Benefit) for the Year	$	20,692		$	24,552		$	(4,092	)
Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Income
Current year actuarial (gain) loss	$	(750,328	)	$	(79,405	)	$	7,046
Amortization of prior service cost	(2,809		)	(3,695		)	(1,463		)
Recognized net actuarial loss	(2,756		)	(9,013		)	—
Curtailment and Settlement	94,520			—			—
Total Recognized in Other Comprehensive Income (Before Tax Effects)	$	(661,373	)	$	(92,113	)	$	5,583
Total Recognized in Total Cost (Benefit) and Other Comprehensive Income (Before Tax Effects)	$	(640,681	)	$	(67,561	)	$	1,491

Allocation of the Assets of the Company's Pension Plans

he assets of the Company’s pension plans were allocated as follows:

	As of December 31
	2013		2012
U.S. equities	58	%	64	%
U.S. fixed income	12	%	13	%
International equities	30	%	23	%
	100	%	100	%

Schedule of Fair Value of Assets Measured on Recurring Basis

The Company’s pension plan assets measured at fair value on a recurring basis were as follows:

	As of December 31, 2013
(in thousands)	Level 1		Level 2		Total
Cash equivalents and other short-term investments	$	196,757	$	84,706	$	281,463
Equity securities
U.S. equities	1,383,738		—		1,383,738
International equities	699,649		—		699,649
Fixed-income securities
Corporate debt securities	—		5,147		5,147
Total Investments	$	2,280,144	$	89,853	$	2,369,997
Receivables					1,852
Total					$	2,371,849

	As of December 31, 2012
(in thousands)	Level 1		Level 2		Total
Cash equivalents and other short-term investments	$	195,389	$	62,922	$	258,311
Equity securities
U.S. equities	1,315,378		—		1,315,378
International equities	482,431		—		482,431
Fixed-income securities
Corporate debt securities	—		6,054		6,054
Other fixed income	2,501		313		2,814
Total Investments	$	1,995,699	$	69,289	$	2,064,988
Receivables					6,157
Total					$	2,071,145

Supplemental Executive Retirement Plan (SERP) [Member]

Defined Benefit Plan Disclosure [Line Items]

Schedule of Obligation, Asset and Funding Information

	SERP
	As of December 31
(in thousands)	2013			2012
Change in Benefit Obligation
Benefit obligation at beginning of year	$	104,062		$	92,863
Service cost	1,612			1,467
Interest cost	4,148			4,241
Actuarial (gain) loss	(9,180		)	8,428
Benefits paid and other	(4,101		)	(2,937		)
Curtailment	(2,059		)	—
Settlement	(3,313		)	—
Benefit Obligation at End of Year	$	91,169		$	104,062
Change in Plan Assets
Fair value of assets at beginning of year	$	—		$	—
Employer contributions and other	4,101			3,681
Benefits paid	(4,101		)	(3,681		)
Fair Value of Assets at End of Year	$	—		$	—
Funded Status	$	(91,169	)	$	(104,062	)

Schedule of Net (Benefit) Costs

	SERP
	Year Ended December 31
(in thousands)	2013			2012			2011
Service cost	$	1,612		$	1,467		$	1,655
Interest cost	4,148			4,241			4,342
Plan amendment	—			—			369
Amortization of prior service cost	55			54			260
Recognized actuarial loss	2,481			1,833			1,411
Net Periodic Cost for the Year	8,296			7,595			8,037
Settlement	(2,575		)	—			—
Total Cost for the Year	$	5,721		$	7,595		$	8,037
Other Changes in Benefit Obligations Recognized in Other Comprehensive Income
Current year actuarial (gain) loss	$	(9,180	)	$	8,428		$	9,059
Amortization of prior service cost	(55		)	(54		)	(260		)
Recognized net actuarial loss	(2,481		)	(1,833		)	(1,411		)
Curtailment and Settlement	(2,798		)	—			—
Other adjustments	—			745			—
Total Recognized in Other Comprehensive Income (Before Tax Effects)	$	(14,514	)	$	7,286		$	7,388
Total Recognized in Total Cost and Other Comprehensive Income (Before Tax Effects)	$	(8,793	)	$	14,881		$	15,425

Other Postretirement Plans [Member]

Defined Benefit Plan Disclosure [Line Items]

Schedule of Obligation, Asset and Funding Information

The following table sets forth obligation, asset and funding information for the Company’s other postretirement plans:

	Postretirement Plans
	As of December 31
(in thousands)	2013			2012
Change in Benefit Obligation
Benefit obligation at beginning of year	$	63,868		$	72,412
Service cost	2,488			3,113
Interest cost	1,848			2,735
Actuarial gain	(3,298		)	(11,493		)
Curtailment	(21,221		)	438
Benefits paid, net of Medicare subsidy	(3,671		)	(3,337		)
Benefit Obligation at End of Year	$	40,014		$	63,868
Change in Plan Assets
Fair value of assets at beginning of year	$	—		$	—
Employer contributions	3,671			3,337
Benefits paid, net of Medicare subsidy	(3,671		)	(3,337		)
Fair Value of Assets at End of Year	$	—		$	—
Funded Status	$	(40,014	)	$	(63,868	)

Schedule of Amounts Recognized in Balance Sheet

The amounts recognized in the Company’s Consolidated Balance Sheets for its other postretirement plans are as follows:

	Postretirement Plans
	As of December 31
(in thousands)	2013			2012
Current liability	$	(3,795	)	$	(3,919	)
Noncurrent liability	(36,219		)	(59,949		)
Recognized Liability	$	(40,014	)	$	(63,868	)

Schedule of Estimated Benefit Payments

At December 31, 2013, future estimated benefit payments are as follows:

(in thousands)	Postretirement Plans
2014	$	3,795
2015	$	3,819
2016	$	3,866
2017	$	3,846
2018	$	3,784
2019-2023	$	18,195

Schedule of Net (Benefit) Costs

The total (benefit) cost arising from the Company’s other postretirement plans consists of the following components:

	Postretirement Plans
	Year Ended December 31
(in thousands)	2013			2012			2011
Service cost	$	2,488		$	3,113		$	2,872
Interest cost	1,848			2,735			3,063
Amortization of prior service credit	(4,247		)	(5,608		)	(5,650		)
Recognized actuarial gain	(2,141		)	(1,478		)	(1,921		)
Net Periodic Benefit	(2,052		)	(1,238		)	(1,636		)
Curtailment	(41,623		)	438			—
Settlement	(11,927		)	—			—
Total Benefit for the Year	$	(55,602	)	$	(800	)	$	(1,636	)
Other Changes in Benefit Obligations Recognized in Other Comprehensive Income
Current year actuarial gain	$	(3,298	)	$	(11,493	)	$	(55	)
Amortization of prior service credit	4,247			5,608			5,650
Recognized actuarial gain	2,141			1,478			1,921
Curtailment and settlement	32,329			—			—
Total Recognized in Other Comprehensive Income (Before Tax Effects)	$	35,419		$	(4,407	)	$	7,516
Total Recognized in (Benefit) Cost and Other Comprehensive Income (Before Tax Effect)	$	(20,183	)	$	(5,207	)	$	5,880

Schedule of Amounts Recognized in Accumulated Other Comprehensive Income (Loss)

AOCI included the following components of unrecognized net periodic benefit for the postretirement plans:

	As of December 31
(in thousands)	2013			2012
Unrecognized actuarial gain	$	(13,928	)	$	(25,525	)
Unrecognized prior service credit	(2,306		)	(26,128		)
Gross Amount	(16,234		)	(51,653		)
Deferred tax liability	6,494			20,661
Net Amount	$	(9,740	)	$	(30,992	)

Schedule of Expected Net Periodic Cost to be Recognized in Accumulated Other Comprehensive Income (Loss)

During 2014, the Company expects to recognize the following amortization components of net periodic cost for the other postretirement plans:

(in thousands)	2014
Actuarial gain recognition	$	(2,076	)
Prior service credit recognition	$	(783	)

Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates

A change of one percentage point in the assumed health care cost trend rates would have the following effects:

	1%		1%
(in thousands)	Increase		Decrease
Benefit obligation at end of year	$	2,322	$	(2,123	)
Service cost plus interest cost	$	284	$	(252	)