DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Dec. 31, 2011

Derivative Financial Instruments

The following tables summarize our derivative financial instruments:

Asset and Liability Derivatives

	December 31, 2011		December 31, 2010
	(In thousands)
Derivatives Designated as Hedges:
Location
Accounts receivable—other	$	2,765	$	6,066
Other assets		66		3,225
Total asset derivatives	$	2,831	$	9,291
Accounts payable	$	6,891	$	2,207
Other liabilities		969		5,733
Total liability derivatives	$	7,860	$	7,940

Effects of Derivative Instruments on Financial Statements

The Effects of Derivative Instruments on our Financial Statements

	December 31,
	2011		2010
	(In thousands)
Derivatives Designated as Hedges:
Amount of gain (loss) recognized in other comprehensive income (loss) attributable to MII	$	4,505	$	(3,236	)
Income (loss) reclassified from AOCI into income: effective portion attributable to MII
Location
Cost of operations	$	430	$	2,474
Gain (loss) recognized in income: ineffective portion and amount excluded from effectiveness testing attributable to MII
Location
Other income (expense)—net	$	2,516	$	(3,434	)