PENSION PLANS AND POSTRETIREMENT BENEFITS (Tables)

12 Months Ended

Dec. 31, 2012

Obligations and Funded Status

Obligations and Funded Status

	Domestic Plans						TCN Plan
	Year Ended December 31,						Year Ended December 31,
	2012			2011			2012			2011
	(In thousands)
Change in benefit obligation:
Benefit obligation at beginning of year	$	568,243		$	551,231		$	40,147		$	47,190
Service cost		—			—			—			2,740
Interest cost		26,522			28,454			1,843			2,379
Actuarial loss		54,885			22,154			6,441			6,652
Curtailments		—			(3	)		—			(17,252	)
Benefits paid		(34,289	)		(33,593	)		(422	)		(1,562	)
Benefit obligation at end of year	$	615,361		$	568,243		$	48,009		$	40,147
Change in plan assets:
Fair value of plan assets at beginning of year	$	567,373		$	505,853		$	34,075		$	32,543
Actual return on plan assets		71,182			90,343			4,886			(906	)
Company contributions		1,626			4,770			500			4,000
Benefits paid		(34,289	)		(33,593	)		(422	)		(1,562	)
Fair value of plan assets at end of year		605,892			567,373			39,039			34,075
Funded status	$	(9,469	)	$	(870	)	$	(8,970	)	$	(6,072	)
Amounts recognized in balance sheet consist of:
Other Assets	$	7,981		$	16,034		$	—		$	—
Accrued pension liability—current		(1,574	)		(1,743	)		(500	)		(2,300	)
Pension liability		(15,876	)		(15,161	)		(8,470	)		(3,772	)
Accrued benefit liability		(17,450	)		(16,904	)		(8,970	)		(6,072	)
Net Liability	$	(9,469	)	$	(870	)	$	(8,970	)	$	(6,072	)
Amounts recognized in accumulated comprehensive loss:
Net actuarial loss	$	85,984		$	76,038		$	6,738		$	4,525
Total before taxes	$	85,984		$	76,038		$	6,738		$	4,525

	Domestic Plans				TCN Plan
	Year Ended December 31,				Year Ended December 31,
	2012		2011		2012		2011
	(In thousands)
Supplemental information:
Plans with accumulated benefit obligation in excess of plan assets
Projected benefit obligation	$	615,361	$	568,243	$	48,009	$	40,147
Accumulated benefit obligation	$	615,361	$	568,243	$	48,009	$	40,147
Fair value of plan assets	$	605,892	$	567,373	$	39,039	$	34,075

Other Comprehensive Loss Component of Net Periodic Benefit Cost

We have recognized in 2012, and expect to recognize in 2013, the  following amounts in other comprehensive loss as a component of net periodic benefit cost.

	Recognized in 2012				To Be Recognized in 2013
	Domestic Plans		TCN Plan		Domestic Plans		TCN Plan
	(In thousands)
Pension cost in accumulated other comprehensive loss:
Net actuarial loss	$	9,725	$	1,785	$	11,820	$	2,029

Weighted Average Assumptions used Determine Net Periodic Benefit Obligations

Assumptions

	Domestic Plans						TCN Plan
	2012			2011			2012			2011
Weighted average assumptions used to determine net periodic benefit obligations at December 31:
Discount rate		4.00	%		4.80	%		4.00	%		4.80	%
Rate of compensation increase		N/A			N/A			N/A			N/A

Net Periodic Benefit Cost

	Domestic Plans									TCN Plan
	Year Ended December 31,									Year Ended December 31,
	2012			2011			2010			2012			2011			2010
	(In thousands)
Supplemental information:
Components of periodic benefit cost:
Service cost	$	—		$	—		$	543		$	—		$	2,740		$	2,305
Interest cost		26,522			28,454			30,639			1,843			2,379			2,185
Expected return on plan assets		(35,811	)		(30,216	)		(30,830	)		(2,443	)		(2,450	)		(1,829	)
Amortization of net loss		9,725			15,842			18,071			1,785			2,736			2,167
Amortization of prior service cost (credit)		—			—			(268	)		—			16			16
Recognized (gain) loss due to curtailments and other adjustments		(91	)		(24	)		(1,185	)		—			15			—
Net periodic benefit cost	$	345		$	14,056		$	16,970		$	1,185		$	5,436		$	4,844
Increase (decrease) in accumulated other comprehensive loss due to actuarial losses—before taxes	$	19,580		$	(37,973	)	$	16,492		$	3,998		$	10,008		$	5,120
Decrease in accumulated other comprehensive loss due to curtailment gain		—			—			—			—			(17,267	)		—
Net periodic benefit cost	$	19,580		$	(37,973	)	$	16,492		$	3,998		$	(7,259	)	$	5,120
Weighted average assumptions used to determine net periodic benefit cost for the years ended December 31:
Discount rate		4.80	%		5.75	%		5.85	%		4.80	%		5.75	%		5.25	%
Expected return on plan assets		6.50	%		5.75	%		7.05	%		6.90	%		5.75	%		7.50	%
Rate of compensation increase		N/A			N/A			1.49	%		N/A			4.50	%		4.50	%

Asset Allocations, by Asset Class

The estimated allocation for 2013, by asset class, is expected to remain the same as the year ended December 31, 2012. In connection with our decision to freeze benefit accruals under the TCN plan, we plan to consider revising the asset allocation for 2013.

	Domestic Plan						TCN Plan
	2012			2011			2012			2011
Asset Category:
Fixed Income		85	%		85	%		30	%		30	%
Equity Securities		15	%		15	%		70	%		70	%
Total		100	%		100	%		100	%		100	%

Total Investments Plans Measured at Fair Value

The following is a summary of total investments for our plans, measured at fair value at December 31, 2012 and 2011.

	12/31/12		Level 1		Level 2		Level 3
	(In thousands)
Pension Benefits:
Fixed Income	$	516,428	$	82,390	$	432,462	$	1,576
Equities		116,198		27,337		88,861		—
Cash and Accrued Items		12,305		12,305		—		—
Total Investments	$	644,931	$	122,032	$	521,323	$	1,576
	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	$	—

Changes in Level 3 Fixed Income Instrument Measured on Recurring Basis

The following is a summary of the changes in our Level 3 fixed income instruments measured on a recurring basis for the years ended December 31, 2012 and 2011:

	December 31,
	2012		2011
	(In thousands)
Balance at beginning of period	$	—	$	—
Purchases		1,532		—
Total unrealized gains		44		—
Balance at end of period	$	1,576	$	—

Expected Employer Contributions and Expected Benefit Payments

Cash Flows

	Domestic Plans		TCN Plan
	(In thousands)
Expected employer contributions to trusts of defined benefit plans:
2013	$	—	$	500
Expected benefit payments:
2013	$	35,496	$	2,650
2014	$	36,085	$	1,629
2015	$	36,466	$	2,207
2016	$	36,979	$	3,790
2017	$	37,247	$	3,959
2018-2022	$	190,838	$	16,057