Derivative Instruments And Hedging Activities (Tables)

6 Months Ended

Jun. 30, 2011

Derivative Instruments And Hedging Activities

Summary Of Balance Sheet Locations And Related Fair Values Of Outstanding Derivative Instruments

Derivative Instruments	Balance Sheet Location	Fair Value		Location of Offsetting Balance	Offsetting Amount
	(Dollars in thousands)
June 30, 2011
Derivative designated as cash flow hedging instrument:
Variable-to-fixed interest rate swap contract ($155 million LIBOR based debt interest payments)	Other long-term liabilities	$	8,472	Accumulated other comprehensive loss	$	8,472
Derivatives not designated as hedging instruments:
Variable-to-fixed commodity price swap contracts (various inventory positions)	Prepayments and other current assets	$	7,958	Cost of products sold (decrease)	$	7,958
Fixed/variable-to-variable/fixed commodity price contracts (various inventory positions)	Accrued liabilities	$	1,300	Cost of products sold (increase)	$	1,300
Derivative Instruments	Balance Sheet Location	Fair Value		Location of Offsetting Balance	Offsetting Amount
	(Dollars in thousands)
December 31, 2010
Derivatives designated as cash flow hedging instruments:
Variable-to-fixed commodity price swap contracts (forecasted volumes of natural gas purchases)	Accrued liabilities	$	38	Accumulated other comprehensive loss	$	38
Variable-to-fixed interest rate swap contract ($155 million LIBOR based debt interest payments)	Other long-term liabilities	$	10,026	Accumulated other comprehensive loss	$	10,026
Derivatives not designated as hedging instruments:
Fixed-to-variable rate swap contracts (various inventory positions)	Accrued liabilities	$	497	Cost of products sold (increase)	$	497