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Comprehensive Earnings
 6 Months Ended
Jun. 30, 2013
Equity [Abstract]  
Comprehensive Earnings
Comprehensive Earnings
Accumulated other comprehensive loss, as reflected on the Condensed Consolidated Balance Sheets, is comprised of the following:
(In thousands)
June 30,
2013
 
December 31,
2012
Accumulated other comprehensive loss:
 
 
 
Net unrealized gains on marketable securities, net of tax
$
398

 
$
1,033

Net unrecognized losses and prior service cost related to defined benefit plans, net of tax
(11,071
)
 
(13,890
)
Net unrecognized gains (losses) on derivatives, net of tax
60,780

 
(30,820
)
Foreign currency translation adjustment
(404,823
)
 
(42,821
)
 
$
(354,716
)
 
$
(86,498
)



Components of accumulated other comprehensive loss consist of the following, for the three and six months ended June 30, 2013:

Three Months Ended June 30, 2013
Gains and Losses on Derivatives in Cash Flow Hedging Relationships
 
Gains and Losses on Marketable Securities
 
Defined Benefit Plan Items
 
Foreign Currency Translation Adjustment
 
Totals
(In thousands)
Foreign currency forward contracts
 
Interest rate swaps
 
Total
 
 
 
 
 
 
 
 
Balance at March 31, 2013, net of tax
 
 
 
 
$
(12,272
)
 
$
843

 
$
(13,717
)
 
$
(183,256
)
 
$
(208,402
)
Other comprehensive earnings (loss) before reclassifications, before tax
 
 
 
 
108,439

 
(675
)
 
3,699

 
(221,567
)
 
(110,104
)
Amounts reclassified from accumulated other comprehensive loss, before tax:
 
 
 
 
 
 
 
 
 
 
 
 
 
Gain (loss) on foreign exchange forward contracts classified as cash flow hedges, included in net revenues
(12,740
)
 
 
 
(12,740
)
 
 
 
 
 
 
 
(12,740
)
Gain (loss) on interest rate swaps classified as cash flow hedges, included in interest expense
 
 
(696
)
 
(696
)
 
 
 
 
 
 
 
(696
)
Gain (loss) on interest rate swaps classified as cash flow hedges, included in other (expense) income, net
 
 
(818
)
 
(818
)
 
 
 
 
 
 
 
(818
)
Realized gain (loss) on sale of marketable securities, included in other (expense) income, net
 
 
 
 
 
 
9

 
 
 
 
 
9

Amortization of prior service costs included in selling, general and administrative expenses
 
 
 
 
 
 
 
 
(168
)
 
 
 
(168
)
Amortization of actuarial gain (loss) included in selling, general and administrative expenses
 
 
 
 
 
 
 
 
(313
)
 
 
 
(313
)
Amounts reclassified from accumulated other comprehensive loss, before tax
 
 
 
 
(14,254
)
 
9

 
(481
)
 
—

 
(14,726
)
Net other comprehensive earnings (loss), before tax
 
 
 
 
122,693

 
(684
)
 
4,180

 
(221,567
)
 
(95,378
)
Income tax related to items of other comprehensive loss
 
 
 
 
(49,641
)
 
239

 
(1,534
)
 
—

 
(50,936
)
Balance at June 30, 2013, net of tax
 
 
 
 
$
60,780

 
$
398

 
$
(11,071
)
 
$
(404,823
)
 
$
(354,716
)


Six Months Ended June 30, 2013
Gains and Losses on Derivatives in Cash Flow Hedging Relationships
 
Gains and Losses on Marketable Securities
 
Defined Benefit Plan Items
 
Foreign Currency Translation Adjustment
 
Totals
(In thousands)
Foreign currency forward contracts
 
Interest rate swaps
 
Total
 
 
 
 
 
 
 
 
Balance at December 31, 2012, net of tax
 
 
 
 
$
(30,820
)
 
$
1,033

 
$
(13,890
)
 
$
(42,821
)
 
$
(86,498
)
Other comprehensive earnings (loss) before reclassifications, before tax
 
 
 
 
124,421

 
(942
)
 
3,699

 
(362,002
)
 
(234,824
)
Amounts reclassified from accumulated other comprehensive loss, before tax:
 
 
 
 
 
 
 
 
 
 
 
 
 
Gain (loss) on foreign exchange forward contracts classified as cash flow hedges, included in net revenues
(21,844
)
 
 
 
(21,844
)
 
 
 
 
 
 
 
(21,844
)
Gain (loss) on interest rate swaps classified as cash flow hedges, included in interest expense
 
 
(1,408
)
 
(1,408
)
 
 
 
 
 
 
 
(1,408
)
Gain (loss) on interest rate swaps classified as cash flow hedges, included in other (expense) income, net
 
 
(818
)
 
(818
)
 
 
 
 
 
 
 
(818
)
Realized gain (loss) on sale of marketable securities, included in other (expense) income, net
 
 
 
 
 
 
34

 
 
 
 
 
34

Amortization of prior service costs included in selling, general and administrative expenses
 
 
 
 
 
 
 
 
(168
)
 
 
 
(168
)
Amortization of actuarial gain (loss) included in selling, general and administrative expenses
 
 
 
 
 
 
 
 
(590
)
 
 
 
(590
)
Amounts reclassified from accumulated other comprehensive loss, before tax
 
 
 
 
(24,070
)
 
34

 
(758
)
 
—

 
(24,794
)
Net other comprehensive earnings (loss), before tax
 
 
 
 
148,491

 
(976
)
 
4,457

 
(362,002
)
 
(210,030
)
Income tax related to items of other comprehensive loss
 
 
 
 
(56,891
)
 
341

 
(1,638
)
 
—

 
(58,188
)
Balance at June 30, 2013, net of tax
 
 
 
 
$
60,780

 
$
398

 
$
(11,071
)
 
$
(404,823
)
 
$
(354,716
)









Components of other comprehensive loss, before tax, consist of the following, for the three and six months ended June 30, 2012:
 
Three Months
 
Six Months
 
Ended
 
Ended
(In thousands)
June 30, 2012
 
June 30, 2012
Defined benefit plans:
 
 
 
Unrecognized gain (loss) and prior service cost arising during the period
$
—

 
$
—

Less: Amortization of actuarial gain included in net earnings
9

 
19

Net change in unrecognized losses and prior service cost related to defined benefit plans
$
(9
)
 
$
(19
)
 
 
 
 
Derivatives in cash flow hedging relationships:
 
 
 
Amount of loss recognized in AOCE on derivatives (effective portion)
$
(48,492
)
 
$
(31,474
)
Less: Reclassification of loss from AOCE into earnings (effective portion)
(13,686
)
 
(19,314
)
Net unrecognized loss on derivatives
$
(34,806
)
 
$
(12,160
)
 
 
 
 
Net unrealized gain (loss) on marketable securities:
 
 
 
Unrealized gain (loss) on marketable securities
$
92

 
$
(51
)
Less: Reclassification for gain included in net earnings
4

 
29

Net unrealized gain (loss) on marketable securities
$
88

 
$
(80
)