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Cumulative Other Comprehensive Loss
12 Months Ended
Dec. 31, 2013
Equity [Abstract]  
Cumulative Other Comprehensive Loss

Note 15 - Cumulative Other Comprehensive Loss

The balances of each component of cumulative other comprehensive loss in the accompanying Consolidated Statements of Equity were as follows:

 

     Year Ended December 31, 2012  
     Cumulative      Changes          Unrecognized             
     Currency      in the Fair          Postretirement             
     Translation      Value of          Benefit             
     Adjustment      Derivatives          Plans          Total  

January 1, 2012

   $ 32,558       $ 5,341         $ (558,777      $ (520,878

Other comprehensive income (loss) before reclassifications

     11,577         (1,266   (a)      (66,863   (c)      (56,552

Amount reclassifed from accumulated other comprehensive loss

     —           (3,648   (b)      29,552      (d)      25,904   
  

 

 

    

 

 

      

 

 

      

 

 

 

Net current-period other comprehensive income

     11,577         (4,914        (37,311        (30,648
  

 

 

    

 

 

      

 

 

      

 

 

 

December 31, 2012

   $ 44,135       $ 427         $ (596,088      $ (551,526
  

 

 

    

 

 

      

 

 

      

 

 

 

 

(a) This amount represents $1,770 of unrealized losses on cash flow hedges, net of tax of $504, that were recognized in Other Comprehensive Loss (see Footnote 11 for additional details).
(b) This amount represents $5,699 of gains on cash flow hedges, net of tax of $2,051, that were reclassified out of Cumulative Other Comprehensive Loss and are included in Other income on the Condensed Consolidated Statements of Income (see Footnote 11 for additional details).
(c) This amount represents $105,233 of other comprehensive loss, net of tax of $38,370 that was recognized in Other Comprehensive Loss.
(d) This amount represents amortization of prior service credit of $873 and amortization of actuarial losses of ($46,712), net of tax of $16,287, that were reclassified out of Cumulative Other Comprehensive Loss and are included in the computation of net periodic benefit cost (see Footnote 12 for additional details).

 

     Year Ended December 31, 2013  
     Cumulative      Changes          Unrecognized             
     Currency      in the Fair          Postretirement             
     Translation      Value of          Benefit             
     Adjustment      Derivatives          Plans          Total  

January 1, 2013

   $ 44,135       $ 427         $ (596,088      $ (551,526

Other comprehensive income (loss) before reclassifications

     15,525         1,727      (a)      91,506      (c)      108,758   

Amount reclassifed from accumulated other comprehensive loss

     —           (539   (b)      33,287      (d)      32,748   
  

 

 

    

 

 

      

 

 

      

 

 

 

Net current-period other comprehensive income (loss)

     15,525         1,188           124,793           141,506   
  

 

 

    

 

 

      

 

 

      

 

 

 

December 31, 2013

   $ 59,660       $ 1,615         $ (471,295      $ (410,020
  

 

 

    

 

 

      

 

 

      

 

 

 

 

(a) This amount represents $2,943 of unrealized gains on cash flow hedges, net of tax of $1,216, that were recognized in Other Comprehensive Loss (see Footnote 11 for additional details).
(b) This amount represents $1,085 of gains on cash flow hedges, net of tax of $546, that were reclassified out of Cumulative Other Comprehensive Loss and are included in Other income on the Condensed Consolidated Statements of Income (see Footnote 11 for additional details).
(c) This amount represents $156,627 of other comprehensive gain, net of tax of $65,121 that was recognized in Other Comprehensive Loss.
(d) This amount represents amortization of prior service credit of $566 and amortization of actuarial losses of ($52,849), net of tax of $18,996, that were reclassified out of Cumulative Other Comprehensive Loss and are included in the computation of net periodic benefit cost (see Footnote 12 for additional details).