December 31

(In thousands)

2011

2010

Cumulative foreign exchange translation adjustments

51,313

111,667

Effective portion of cash flow hedges

(3,807

)

(9,740

)

Cumulative unrecognized actuarial losses on pension obligations

(411,641

)

(287,814

)

Unrealized loss on marketable securities

(56

)

(45

)

Accumulated other comprehensive loss

(364,191

)

(185,932

)