OTHER COMPREHENSIVE INCOME

12 Months Ended

Dec. 31, 2014

EQUITY [Abstract]

OTHER COMPREHENSIVE INCOME

NOTE 14: OTHERCOMPREHENSIVE INCOME

Comprehensive income comprises two subsets: net earnings and other comprehensive income (OCI). 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.

Amounts in accumulated other comprehensive income (AOCI), net of tax, at December 31, are as follows:

in thousands	2014	2013	2012
AOCI
Cash flow hedges	$       (20,322)	$     (25,178)	$     (28,170)
Pension and postretirement plans	(141,392)	(74,453)	(197,347)
Total	$     (161,714)	$     (99,631)	$   (225,517)

Changes in AOCI, net of tax, for the three years ended December 31, 2014 are as follows:

		Pension and
	Cash Flow	Postretirement
in thousands	Hedges	Benefit Plans	Total
AOCI
Balance as of December 31, 2011	$       (31,986)	$   (184,858)	$   (216,844)
Other comprehensive income (loss)
before reclassifications	0	(24,454)	(24,454)
Amounts reclassified from AOCI	3,816	11,965	15,781
Net current year OCI changes	3,816	(12,489)	(8,673)
Balance as of December 31, 2012	$       (28,170)	$   (197,347)	$   (225,517)
Other comprehensive income (loss)
before reclassifications	0	111,883	111,883
Amounts reclassified from AOCI	2,992	11,011	14,003
Net current year OCI changes	2,992	122,894	125,886
Balance as of December 31, 2013	$       (25,178)	$     (74,453)	$     (99,631)
Other comprehensive income (loss)
before reclassifications	0	(69,051)	(69,051)
Amounts reclassified from AOCI	4,856	2,112	6,968
Net current year OCI changes	4,856	(66,939)	(62,083)
Balance as of December 31, 2014	$       (20,322)	$   (141,392)	$   (161,714)

Amounts reclassified from AOCI to earnings, are as follows:

in thousands	2014	2013	2012
Reclassification Adjustment for Cash Flow
Hedge Losses
Interest expense	$          7,988	$        5,077	$        6,314
Benefit from income taxes	(3,132)	(2,085)	(2,498)
Total	$          4,856	$        2,992	$        3,816
Amortization of Pension and Postretirement Plan
Actuarial Loss and Prior Service Cost 1
Cost of revenues	$          2,789	$      14,516	$      15,665
Selling, administrative and general expenses	688	3,616	4,109
Benefit from income taxes	(1,365)	(7,121)	(7,809)
Total	$          2,112	$      11,011	$      11,965
Total reclassifications from AOCI to earnings	$          6,968	$      14,003	$      15,781

1 See Note 10 for a breakdown of the 2014 and 2013 reclassifications among the curtailment gain, curtailment loss and amortization of actuarial loss and prior service cost.