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COMPREHENSIVE INCOME (Tables)
9 Months Ended
Sep. 30, 2012
Comprehensive Income Disclosure [Abstract]  
Schedule of Comprehensive Income (Loss) [Table Text Block]
 
For the Three Months Ended
September 30, 2012
 
Pre-Tax
Amount
 
Tax (Expense)
Benefit
 
After-Tax
Amount
In thousands of dollars
 
 
 
 
 
Net income
 
 
 
 
$
176,716

Other comprehensive income (loss):
 
 
 
 
 
Foreign currency translation adjustments
$
10,815

 

 
10,815

Pension and post-retirement benefit plans
(1,425
)
 
572

 
(853
)
Cash flow hedges:
 
 
 
 
 
Gains on cash flow hedging derivatives
58,797

 
(23,115
)
 
35,682

Reclassification adjustments
23,233

 
(8,589
)
 
14,644

Total other comprehensive income
$
91,420

 
$
(31,132
)
 
60,288

Comprehensive income
 
 
 
 
$
237,004

 
For the Three Months Ended
October 2, 2011
 
Pre-Tax
Amount
 
Tax (Expense)
Benefit
 
After-Tax
Amount
In thousands of dollars
 
 
 
 
 
Net income
 
 
 
 
$
196,695

Other comprehensive income (loss):
 
 
 
 
 
Foreign currency translation adjustments
$
(37,826
)
 
$

 
(37,826
)
Pension and post-retirement benefit plans
8,178

 
(2,993
)
 
5,185

Cash flow hedges:
 
 
 
 
 
Losses on cash flow hedging derivatives
(78,216
)
 
31,444

 
(46,772
)
Reclassification adjustments
(11,504
)
 
4,479

 
(7,025
)
Total other comprehensive loss
$
(119,368
)
 
$
32,930

 
(86,438
)
Comprehensive income
 
 
 
 
$
110,257


 
For the Nine Months Ended
September 30, 2012
 
Pre-Tax
Amount
 
Tax (Expense)
Benefit
 
After-Tax
Amount
In thousands of dollars
 
 
 
 
 
Net income
 
 
 
 
$
511,052

Other comprehensive income (loss):
 
 
 
 
 
Foreign currency translation adjustments
$
12,477

 
$

 
12,477

Pension and post-retirement benefit plans
18,958

 
(7,203
)
 
11,755

Cash flow hedges:
 
 
 
 
 
Gains on cash flow hedging derivatives
57,901

 
(22,988
)
 
34,913

Reclassification adjustments
77,209

 
(29,262
)
 
47,947

Total other comprehensive income
$
166,545

 
$
(59,453
)
 
107,092

Comprehensive income
 
 
 
 
$
618,144

 
For the Nine Months Ended
October 2, 2011
 
Pre-Tax
Amount
 
Tax (Expense)
Benefit
 
After-Tax
Amount
In thousands of dollars
 
 
 
 
 
Net income
 
 
 
 
$
486,829

Other comprehensive income (loss):
 
 
 
 
 
Foreign currency translation adjustments
$
(24,219
)
 
$

 
(24,219
)
Pension and post-retirement benefit plans
21,670

 
(8,429
)
 
13,241

Cash flow hedges:
 
 
 
 
 
Losses on cash flow hedging derivatives
(83,680
)
 
32,622

 
(51,058
)
Reclassification adjustments
(24,681
)
 
9,524

 
(15,157
)
Total other comprehensive loss
$
(110,910
)
 
$
33,717

 
(77,193
)
Comprehensive income
 
 
 
 
$
409,636



Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
The components of accumulated other comprehensive income (loss) as shown on the Consolidated Balance Sheets are as follows:
 
September 30,
2012
 
December 31,
2011
In thousands of dollars
 
 
 
Foreign currency translation adjustments
$
13,936

 
$
1,459

Pension and post-retirement benefit plans, net of tax
(344,648
)
 
(356,403
)
Cash flow hedges, net of tax
(4,527
)
 
(87,387
)
Total accumulated other comprehensive loss
$
(335,239
)
 
$
(442,331
)