PENSION PLANS AND POSTRETIREMENT BENEFITS (Tables)

12 Months Ended

Dec. 31, 2011

Obligations and Funded Status

Obligations and Funded Status

	Domestic Plans						TCN Plan
	Year Ended December 31,						Year Ended December 31,
	2011			2010			2011			2010
	(In thousands)
Change in benefit obligation:
Benefit obligation at beginning of year	$	551,231		$	552,854		$	47,190		$	37,800
Service cost		—			543			2,740			2,305
Interest cost		28,454			30,639			2,379			2,185
Actuarial loss (gain)		22,154			36,270			6,652			5,879
Transfers		—			(25,871	)		—			—
Divestitures		—			(6,863	)		—			—
Curtailments		(3	)		(2,258	)		(17,252	)		—
Benefits paid		(33,593	)		(34,083	)		(1,562	)		(979	)
Benefit obligation at end of year	$	568,243		$	551,231		$	40,147		$	47,190
Change in plan assets:
Fair value of plan assets at beginning of year	$	505,853		$	416,252		$	32,543		$	25,634
Actual return on plan assets		90,343			47,547			(906	)		2,588
Company contributions		4,770			90,568			4,000			5,300
Plan merger		—			(14,431	)		—			—
Benefits paid		(33,593	)		(34,083	)		(1,562	)		(979	)
Fair value of plan assets at end of year		567,373			505,853			34,075			32,543
Funded status	$	(870	)	$	(45,378	)	$	(6,072	)	$	(14,647	)
Amounts recognized in balance sheet consist of:
Other Assets	$	16,034		$	—		$	—		$	—
Accrued pension liability—current		(1,743	)		(4,797	)		(2,300	)		(4,000	)
Pension liability		(15,161	)		(40,581	)		(3,772	)		(10,647	)
Accrued benefit liability		(16,904	)		(45,378	)		(6,072	)		(14,647	)
Net Liability	$	(870	)	$	—		$	—		$	—
Amounts recognized in accumulated comprehensive loss:
Net actuarial loss (gain)	$	76,038		$	129,830		$	4,525		$	14,505
Prior service cost (credit)		—			—			—			31
Total before taxes	$	76,038		$	129,830		$	4,525		$	14,536

	Domestic Plans				TCN Plan
	Year Ended December 31,				Year Ended December 31,
	2011		2010		2011		2010
	(In thousands)
Supplemental information:
Plans with accumulated benefit obligation in excess of plan assets
Projected benefit obligation	$	568,243	$	551,231	$	40,147	$	47,190
Accumulated benefit obligation	$	568,243	$	551,231	$	40,147	$	38,165
Fair value of plan assets	$	567,373	$	505,853	$	34,075	$	32,543

Other Comprehensive Loss as Components of Net Periodic Benefit Cost

We have recognized in 2011, and expect to recognize in 2012, the  following amounts in other comprehensive loss as a component of net periodic benefit cost.

	Recognized in 2011				To Be Recognized in 2012
	Domestic Plans		TCN Plan		Domestic Plans		TCN Plan
	(In thousands)
Pension cost in accumulated other comprehensive loss:
Net actuarial loss	$	16,913	$	2,736	$	9,922	$	1,785
Prior service cost (credit)		—		16		—		—
	$	16,913	$	2,752	$	9,922	$	1,785

Weighted Average Assumptions used to Determine Net Periodic Benefit Obligations

Assumptions

	Domestic Plans						TCN Plan
	2011			2010			2011			2010
Weighted average assumptions used to determine net periodic benefit obligations at December 31:
Discount rate		4.80	%		5.30	%		4.80	%		5.25	%
Rate of compensation increase		N/A			N/A			N/A			4.50	%

Net Periodic Benefit Cost

	Domestic Plans									TCN Plan
	Year Ended December 31,									Year Ended December 31,
	2011			2010			2009			2011			2010			2009
	(In thousands)
Supplemental information:
Components of periodic benefit cost:
Service cost	$	—		$	543		$	888		$	2,740		$	2,305		$	2,179
Interest cost		28,454			30,639			31,460			2,379			2,185			1,766
Expected return on plan assets		(30,216	)		(30,830	)		(28,210	)		(2,450	)		(1,829	)		(1,392	)
Amortization of net loss		15,842			18,071			18,698			2,736			2,167			2,390
Amortization of prior service cost (credit)		—			(268	)		(725	)		16			16			16
Recognized (gain) loss due to curtailments and other adjustments		(24	)		(1,185	)		—			15			—			282
Net periodic benefit cost	$	14,056		$	16,970		$	22,111		$	5,436		$	4,844		$	5,241
Increase (decrease) in accumulated other comprehensive loss due to actuarial losses—before taxes	$	(37,973	)		16,492		$	13,757		$	10,008		$	5,120		$	474
Decrease in accumulated other comprehensive loss due to curtailment gain		—			—			—			(17,267	)		—			—
Net periodic benefit cost	$	(37,973	)	$	16,492		$	13,757		$	(7,259	)	$	5,120		$	474
Weighted average assumptions used to determine net periodic benefit cost for the years ended December 31:
Discount rate		5.75	%		5.85	%		5.67	%		5.75	%		5.25	%		6.00	%
Expected return on plan assets		5.75	%		7.05	%		6.87	%		5.75	%		7.50	%		6.80	%

Asset Allocations, by Asset Class

The following is a summary of total investments for our plans, measured at fair value at December 31, 2011 and 2010.

	12/31/11		Level 1		Level 2		Level 3
	(In thousands)
Pension Benefits:
Fixed Income	$	482,767	$	482,767	$	—	$	—
Equities		102,785		24,162		78,623		—
Cash and Accrued Items		15,896		15,896		—		—
Total Investments	$	601,448	$	522,825	$	78,623	$	—

	12/31/10		Level 1		Level 2		Level 3
	(In thousands)
Pension Benefits:
Fixed Income	$	514,594	$	514,594	$	—	$	—
Equities		23,424		23,424		—		—
Cash and Accrued Items		378		378		—		—
Total Investments	$	538,396	$	538,396	$	—	$	—

Expected Employer Contributions and Expected Benefit Payments

Cash Flows

	Domestic Plans		TCN Plan
	(In thousands)
Expected employer contributions to trusts of defined benefit plans:
2012	$	—	$	2,300
Expected benefit payments:
2012	$	35,054	$	1,098
2013	$	35,592	$	2,180
2014	$	36,182	$	1,340
2015	$	36,683	$	1,816
2016	$	37,311	$	3,191
2017-2021	$	192,781	$	14,215

Domestic Plan

Asset Allocations, by Asset Class

The estimated allocation for 2012 for the Domestic Plans, by asset class, is expected to remain the same as the year ended December 31, 2011.

	2011			2010
Asset Category:
Fixed Income		85	%		99	%
Equity Securities		15	%		—	%
Other		—	%		1	%
Total		100	%		100	%

TCN Plan

Asset Allocations, by Asset Class

The weighted average asset allocations of the TCN Plan at December 31, 2011 and 2010 by asset category was as follows:

	2011			2010
Asset Category:
Equity Securities		70	%		70	%
Fixed Income		30	%		30	%
Total		100	%		100	%