Comprehensive Income

6 Months Ended

Jun. 30, 2012

Comprehensive Income [Abstract]

Comprehensive Income

Note C – Comprehensive Income

Comprehensive income was $338.5 million and $318.2 million for the six months ended June 30, 2012 and 2011, respectively. The difference between comprehensive income and net income was due to foreign currency translation adjustments and pension and other post-retirement benefit adjustments, as summarized below:

	Six months Ended June 30,
	2012			2011
	(in thousands)
Net income	$	314,873		$	278,327
Other comprehensive income:
Foreign currency translation		3,925			26,363
Pension and other post-retirement benefit adjustments:
Recognition of prior service credit, net of tax		(2,474	)		(2,519	)
Recognition of actuarial loss, net of tax		22,143			16,028
Total other comprehensive income		23,594			39,872
Comprehensive income	$	338,467		$	318,199

Comprehensive income for the three months ended June 30, 2012 and 2011 totaled $163.7 million and $163.4 million, respectively.