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Accumulated Other Comprehensive Income (Tables)
6 Months Ended
Jun. 30, 2012
Components of Accumulated Other Comprehensive Income

The components of Accumulated Other Comprehensive Income on the Consolidated Balance Sheets at June 30, 2012 and December 31, 2011 are presented in the following table.

 

(Thousands of dollars)

   June 30,
2012
    Dec. 31,
2011
 

Foreign currency translation gains, net of tax

   $ 511,863        496,161   

Retirement and postretirement benefit plan losses, net of tax

     (163,217     (168,889

Loss deferred for fair value of interest rate derivative contracts, net of tax

     (19,019     (16,852
  

 

 

   

 

 

 

Accumulated other comprehensive income

   $ 329,627        310,420