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ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME
12 Months Ended
Dec. 31, 2011
ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME  
ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME

NOTE 6 – ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME

The components of Accumulated other comprehensive loss are as follows:

 
  December 31,  
 
  2011   2010  

Defined benefit pension plans, net of tax

  $ (255,369 ) $ (175,433 )

Currency translation adjustment

    6,576     33,837  

Unrealized gain (loss) on derivatives designated and qualifying as cash flow hedges, net of tax

    912     (352 )
           

Total Accumulated other comprehensive loss

  $ (247,881 ) $ (141,948 )
           

The balance of Accumulated other comprehensive (loss) income in noncontrolling interests relates to foreign currency translation and amounted to $1,798 and $1,631 at December 31, 2011 and 2010, respectively.