XML 59 R15.htm IDEA: XBRL DOCUMENT v2.4.0.8
ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME
 3 Months Ended
Mar. 31, 2014
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME
ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME ("AOCI")
The following tables set forth the total changes in AOCI by component, net of taxes for the three months ended March 31, 2014 and 2013:
 
 
Three Months Ended March 31, 2014
 
 
Unrealized (loss) gain on derivatives designated and qualifying as cash flow hedges
 
Defined benefit pension plan activity
 
Currency translation adjustment
 
Total
Balance at December 31, 2013
 
$
369

 
$
(160,693
)
 
$
8,383

 
$
(151,941
)
Other comprehensive (loss) income
before reclassification
 
(710
)
 
—

 
(13,039
)
3 

(13,749
)
Amounts reclassified from AOCI
 
289

1 

2,544

2 

—


2,833

Net current-period other
comprehensive (loss) income
 
(421
)
 
2,544

 
(13,039
)
 
(10,916
)
Balance at March 31, 2014
 
$
(52
)
 
$
(158,149
)
 
$
(4,656
)
 
$
(162,857
)
 
 
 
 
 
 
 
 
 
 
 
Three months ended March 31, 2013
 
 
Unrealized (loss) gain on derivatives designated and qualifying as cash flow hedges
 
Defined benefit pension plan activity
 
Currency translation adjustment
 
Total
Balance at December 31, 2012
 
$
80

 
$
(261,844
)
 
$
26,364

 
$
(235,400
)
Other comprehensive (loss) income
before reclassification
 
1,082

 
—

 
(14,352
)
3 

(13,270
)
Amounts reclassified from AOCI
 
(480
)
1 

5,105

2 

—

 
4,625

Net current-period other
comprehensive (loss) income
 
602

 
5,105

 
(14,352
)
 
(8,645
)
Balance at March 31, 2013
 
$
682

 
$
(256,739
)
 
$
12,012

 
$
(244,045
)
 
 
 
 
 
 
 
 
 
1
During the 2014 period, this AOCI reclassification is a component of Net sales of $132 (net of tax of $20) and Cost of goods sold of $157 (net of tax of $86); during the 2013 period, the reclassification is a component of Net sales of $101 (net of tax of $141) and Cost of goods sold of $(581) (net of tax of $298). (See Note 17 - Derivatives for additional details.)
2
This AOCI component is included in the computation of net periodic pension costs (net of tax of $1,838 and $3,068 during the three months ended March 31, 2014 and 2013, respectively). (See Note 15 - Retirement and Postretirement Benefit Plans for additional details.)
3
The Other comprehensive income before reclassifications excludes $681 and $113 attributable to Non-controlling interests in the three months ended March 31, 2014 and 2013, respectively. (See Note 9 - Equity for additional details.)