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Reclassification out of Accumulated Other Comprehensive Income (Tables)
12 Months Ended
Dec. 31, 2014
Equity [Abstract]  
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]
Accumulated other comprehensive loss at the balance sheet dates is comprised of the following:
(In thousands)
Foreign Currency Translation Adjustments1
 
Pension and Other Post Retirement Employee Benefit Plan Adjustments
 
Total
Balance at December 31, 2013
$
(874
)
 
$
(57,219
)
 
$
(58,093
)
Other comprehensive income before reclassifications

 
4,773

 
4,773

Amounts reclassified from accumulated other comprehensive loss
874

 
(18,417
)
 
(17,543
)
Other comprehensive income, net of tax2
874

 
(13,644
)
 
(12,770
)
Balance at December 31, 2014
$

 
$
(70,863
)
 
$
(70,863
)
 
 
 
 
 
 
 
 
 
 
 
 
(In thousands)
Foreign Currency Translation Adjustments1
 
Pension and Other Post Retirement Employee Benefit Plan Adjustments
 
Total
Balance at December 31, 2012
$
(874
)
 
$
(114,819
)
 
$
(115,693
)
Other comprehensive income before reclassifications

 
9,468

 
9,468

Amounts reclassified from accumulated other comprehensive loss

 
48,132

 
48,132

Other comprehensive income, net of tax2

 
57,600

 
57,600

Balance at December 31, 2013
$
(874
)
 
$
(57,219
)
 
$
(58,093
)
1
This balance consists of unrealized foreign currency translation adjustments related to the operations of our former Canadian subsidiary before its functional currency was changed from Canadian dollars to U.S. dollars in 2012. As a result of the divestiture of our specialty business and mills, this balance was written-off and included in our net loss on divested assets.
2
For the year ended December 31, 2014, net periodic costs associated with our pension and other postretirement employee benefit, or OPEB, plans included in other comprehensive loss and reclassified from accumulated other comprehensive loss, or AOCL, included $38.6 million of net loss on plan assets, $9.8 million of actuarial loss amortization, $8.4 million of prior service credit arising during the period and $2.0 million of prior service credit amortization, less total tax of $8.8 million. For the year ended December 31, 2013, net periodic costs associated with our pension and OPEB plans included in other comprehensive income and reclassified from AOCL included $83.6 million of net gain on plan assets, $14.8 million of actuarial loss amortization, $5.1 million of prior service costs arising during the period, $0.2 million of prior service credit amortization and $0.8 million of curtailments, less total tax of $36.3 million. These accumulated other comprehensive loss components are included in the computation of net periodic pension and OPEB costs in Note 13, “Savings, Pension and Other Postretirement Employee Benefit Plans.”