OTHER COMPREHENSIVE INCOME

6 Months Ended

Jun. 30, 2013

EQUITY [Abstract]

OTHER COMPREHENSIVE INCOME

Note 11: other Comprehensive Income

Comprehensive income comprises two subsets: net earnings and other comprehensive income (OCI). The components of other comprehensive income are presented in the accompanying Condensed Consolidated Statements of Comprehensive Income, net of applicable taxes.

Amounts in accumulated other comprehensive income (AOCI), net of tax, are as follows:

	June 30	December 31	June 30
in thousands	2013	2012	2012
AOCI
Cash flow hedges	$       (26,481)	$       (28,170)	$       (30,093)
Pension and postretirement benefit plans	(130,185)	(197,347)	(178,689)
Total	$     (156,666)	$     (225,517)	$     (208,782)

Changes in AOCI, net of tax, for the six months ended June 30, 2013 are as follows:

		Gains and
		Losses on	Pension and
		Cash Flow	Postretirement
in thousands		Hedges	Benefit Plans	Total
AOCI
Balance as of December 31, 2012		$       (28,170)	$     (197,347)	$     (225,517)
Other comprehensive income (loss)
before reclassifications  1		0	60,299	60,299
Amounts reclassified from AOCI		1,689	6,863	8,552
Net current period OCI changes		1,689	67,162	68,851
Balance as of June 30, 2013		$       (26,481)	$     (130,185)	$     (156,666)
1	Remeasurement of the pension plan funded status resulting from the plan change as described in Note 10.

Amounts reclassified from AOCI to earnings, are as follows:

		Three Months Ended		Six Months Ended
			June 30		June 30
in thousands		2013	2012	2013	2012
Reclassification Adjustment for Cash Flow
Hedges
Interest expense		$          1,386	$          1,585	$          2,801	$          3,140
Benefit from income taxes		(551)	(630)	(1,112)	(1,247)
Total		$             835	$             955	$          1,689	$          1,893
Amortization of Pension and Postretirement
Plan Actuarial Loss and Prior Service Cost 1
Cost of goods sold		$          4,553	$          4,039	$          9,010	$          7,974
Selling, administrative and general expenses		1,089	1,030	2,274	2,164
Benefit from income taxes		(2,211)	(1,985)	(4,421)	(3,970)
Total		$          3,431	$          3,084	$          6,863	$          6,168
Total reclassifications from AOCI to earnings		$          4,266	$          4,039	$          8,552	$          8,061
1	See Note 10 for a breakdown of the reclassifications among the curtailment loss and amortization of actuarial loss and prior
	service cost.