Other Comprehensive Income

12 Months Ended

Dec. 31, 2011

Equity and Other Comprehensive Income [Abstract]

OTHER COMPREHENSIVE INCOME

NOTE 14: OTHER

COMPREHENSIVE INCOME

Comprehensive income includes charges and credits to equity from nonowner sources and comprises two subsets: net earnings and other comprehensive income. The components of other comprehensive income are presented in the accompanying Consolidated Statements of Comprehensive Income and Consolidated Statements of Equity, net of applicable taxes.

The amount of income tax (expense) benefit allocated to each component of other comprehensive income (loss) for the years ended December 31, 2011, 2010 and 2009 is summarized as follows:

in thousands	Before-tax Amount			Tax (Expense) Benefit			Net-of-tax Amount
Other Comprehensive Income (Loss)
December 31, 2011
Fair value adjustment to cash flow hedges		$0			$0			$0
Reclassification adjustment for cash flow hedge amounts included in net earnings		11,657			(4,506	)		7,151
Adjustment for funded status of pension and postretirement benefit plans		(88,033	)		33,667			(54,366	)
Amortization of pension and postretirement plan actuarial loss and prior service cost		12,485			(4,775	)		7,710
Total other comprehensive income (loss)		($63,891	)		$24,386			($39,505	)
December 31, 2010
Fair value adjustment to cash flow hedges		($882	)		$401			($481	)
Reclassification adjustment for cash flow hedge amounts included in net earnings		19,619			(8,910	)		10,709
Adjustment for funded status of pension and postretirement benefit plans		5,683			(2,482	)		3,201
Amortization of pension and postretirement plan actuarial loss and prior service cost		6,371			(2,781	)		3,590
Total other comprehensive income (loss)		$30,791			($13,772	)		$17,019
December 31, 2009
Fair value adjustment to cash flow hedges		($4,643	)		$1,895			($2,748	)
Reclassification adjustment for cash flow hedge amounts included in net earnings		16,728			(6,826	)		9,902
Adjustment for funded status of pension and postretirement benefit plans		(28,784	)		11,417			(17,367	)
Amortization of pension and postretirement plan actuarial loss and prior service cost		1,886			(748	)		1,138
Total other comprehensive income (loss)		($14,813	)		$5,738			($9,075	)
Amounts in accumulated other comprehensive income (loss), net of tax, at December 31, are as follows:
in thousands	2011			2010			2009
Accumulated Other Comprehensive Loss
Cash flow hedges		($31,986	)		($39,137	)		($49,365	)
Pension and postretirement plans		(184,858	)		(138,202	)		(144,993	)
Total		($216,844	)		($177,339	)		($194,358	)

Amounts reclassified from accumulated other comprehensive income (loss) to earnings, are as follows:

in thousands	2011			2010			2009
Reclassification Adjustment for Cash Flow Hedges
Interest expense		$11,657			$19,619			$16,728
Benefit from income taxes		(4,506	)		(8,910	)		(6,826	)
Total		$7,151			$10,709			$9,902
Amortization of Pension and Postretirement Plan Actuarial Loss and Prior Service Cost
Cost of goods sold		$9,458			$4,783			$1,418
Selling, administrative and general expenses		3,027			1,588			468
Benefit from income taxes		(4,775	)		(2,781	)		(748	)
Total		$7,710			$3,590			$1,138
Total reclassifications from AOCI to earnings		$14,861			$14,299			$11,040