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Accumulated Other Comprehensive Income
 6 Months Ended
Jun. 30, 2013
Equity [Abstract]  
Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income
The following tables set forth the changes in accumulated other comprehensive loss (AOCL) (in thousands):
 
 
Three months ended June 30, 2013
 
 
Foreign currency translation adjustments
 
Marketable securities
 
Derivative financial instruments
 
Pension and postretirement benefit plans
 
Total
Beginning balance
 
$
40,765

 
$
433

 
$
6,764

 
$
(645,614
)
 
$
(597,652
)
Other comprehensive income (loss) before reclassifications
 
(12,380
)
 
(608
)
 
492

 
—

 
(12,496
)
Income tax
 
1,076

 
225

 
(182
)
 
—

 
1,119

Net other comprehensive income before reclassifications
 
(11,304
)
 
(383
)
 
310

 
—

 
(11,377
)
Reclassifications:
 
 
 
 
 
 
 
 
 
 
Realized (gains) losses - marketable securities (a)
 
 
 
—

 
 
 
 
 
—

Realized (gains) losses - foreign currency contracts(b)
 
 
 
 
 
(753
)
 
 
 
(753
)
Realized (gains) losses - commodities contracts(b)
 
 
 
 
 
34

 
 
 
34

Realized (gains) losses - interest rate swaps(c)
 
 
 
 
 
82

 
 
 
82

     Prior service credits(d)
 
 
 
 
 
 
 
(526
)
 
(526
)
     Actuarial losses(d)
 
 
 
 
 
 
 
16,789

 
16,789

Total before tax
 
—

 
—

 
(637
)
 
16,263

 
15,626

Income tax (benefit) expense
 
—

 
—

 
237

 
(6,024
)
 
(5,787
)
Net reclassifications
 
—

 
—

 
(400
)
 
10,239

 
9,839

Other comprehensive (loss) income
 
(11,304
)
 
(383
)
 
(90
)
 
10,239

 
(1,538
)
Ending Balance
 
$
29,461

 
$
50

 
$
6,674

 
$
(635,375
)
 
$
(599,190
)
 
 
Three months ended July 1, 2012
 
 
Foreign currency translation adjustments
 
Marketable securities
 
Derivative financial instruments
 
Pension and postretirement benefit plans
 
Total
Beginning balance
 
$
54,596

 
$
1,340

 
$
1,481

 
$
(525,369
)
 
$
(467,952
)
Other comprehensive income (loss) before reclassifications
 
(10,559
)
 
(1,088
)
 
10,191

 
—

 
(1,456
)
Income tax
 
534

 
403

 
(3,775
)
 
—

 
(2,838
)
Net other comprehensive income before reclassifications
 
(10,025
)
 
(685
)
 
6,416

 
—

 
(4,294
)
Reclassifications:
 
 
 
 
 
 
 
 
 
 
Realized (gains) losses - marketable securities (a)
 
 
 
—

 
 
 
 
 
—

Realized (gains) losses - foreign currency contracts(b)
 
 
 
 
 
(9,683
)
 
 
 
(9,683
)
Realized (gains) losses - commodities contracts(b)
 
 
 
 
 
337

 
 
 
337

Realized (gains) losses - interest rate swaps(c)
 
 
 
 
 
968

 
 
 
968

     Prior service credits(d)
 
 
 
 
 
 
 
(223
)
 
(223
)
     Actuarial losses(d)
 
 
 
 
 
 
 
12,824

 
12,824

Total before tax
 
—

 
—

 
(8,378
)
 
12,601

 
4,223

Income tax (benefit) expense
 
—

 
—

 
3,135

 
(4,668
)
 
(1,533
)
Net reclassifications
 
—

 
—

 
(5,243
)
 
7,933

 
2,690

Other comprehensive (loss) income
 
(10,025
)
 
(685
)
 
1,173

 
7,933

 
(1,604
)
Ending Balance
 
$
44,571

 
$
655

 
$
2,654

 
$
(517,436
)
 
$
(469,556
)
 
 
Six months ended June 30, 2013
 
 
Foreign currency translation adjustments
 
Marketable securities
 
Derivative financial instruments
 
Pension and postretirement benefit plans
 
Total
Beginning balance
 
$
51,335

 
$
677

 
$
(3,837
)
 
$
(655,853
)
 
$
(607,678
)
Other comprehensive income (loss) before reclassifications
 
(23,852
)
 
(996
)
 
16,370

 
—

 
(8,478
)
Income tax
 
1,978

 
369

 
(6,063
)
 
—

 
(3,716
)
Net other comprehensive income before reclassifications
 
(21,874
)
 
(627
)
 
10,307

 
—

 
(12,194
)
Reclassifications:
 
 
 
 
 
 
 
 
 
 
Realized (gains) losses - marketable securities (a)
 
 
 
—

 
 
 
 
 
—

Realized (gains) losses - foreign currency contracts(b)
 
 
 
 
 
(13
)
 
 
 
(13
)
Realized (gains) losses - commodities contracts(b)
 
 
 
 
 
(13
)
 
 
 
(13
)
Realized (gains) losses - interest rate swaps(c)
 
 
 
 
 
345

 
 
 
345

     Prior service credits(d)
 
 
 
 
 
 
 
(1,052
)
 
(1,052
)
     Actuarial losses(d)
 
 
 
 
 
 
 
33,578

 
33,578

Total before tax
 
—

 
—

 
319

 
32,526

 
32,845

Income tax (benefit) expense
 
—

 
—

 
(115
)
 
(12,048
)
 
(12,163
)
Net reclassifications
 
—

 
—

 
204

 
20,478

 
20,682

Other comprehensive (loss) income
 
(21,874
)
 
(627
)
 
10,511

 
20,478

 
8,488

Ending Balance
 
$
29,461

 
$
50

 
$
6,674

 
$
(635,375
)
 
$
(599,190
)
 
 
Six months ended July 1, 2012
 
 
Foreign currency translation adjustments
 
Marketable securities
 
Derivative financial instruments
 
Pension and postretirement benefit plans
 
Total
Beginning balance
 
$
49,935

 
$
327

 
$
6,307

 
$
(533,302
)
 
$
(476,733
)
Other comprehensive income (loss) before reclassifications
 
(5,301
)
 
521

 
3,647

 
—

 
(1,133
)
Income tax
 
(63
)
 
(193
)
 
(1,352
)
 
—

 
(1,608
)
Net other comprehensive income before reclassifications
 
(5,364
)
 
328

 
2,295

 
—

 
(2,741
)
Reclassifications:
 
 
 
 
 
 
 
 
 
 
Realized (gains) losses - marketable securities (a)
 
 
 
—

 
 
 
 
 
—

Realized (gains) losses - foreign currency contracts(b)
 
 
 
 
 
(12,104
)
 
 
 
(12,104
)
Realized (gains) losses - commodities contracts(b)
 
 
 
 
 
656

 
 
 
656

Realized (gains) losses - interest rate swaps(c)
 
 
 
 
 
1,935

 
 
 
1,935

     Prior service credits(d)
 
 
 
 
 
 
 
(448
)
 
(448
)
     Actuarial losses(d)
 
 
 
 
 
 
 
25,648

 
25,648

Total before tax
 
—

 
—

 
(9,513
)
 
25,200

 
15,687

Income tax (benefit) expense
 
—

 
—

 
3,565

 
(9,334
)
 
(5,769
)
Net reclassifications
 
—

 
—

 
(5,948
)
 
15,866

 
9,918

Other comprehensive (loss) income
 
(5,364
)
 
328

 
(3,653
)
 
15,866

 
7,177

Ending Balance
 
$
44,571

 
$
655

 
$
2,654

 
$
(517,436
)
 
$
(469,556
)

(a)
Amounts reclassified to net income are included in investment income.
(b)
Amounts reclassified to net income are included in motorcycles and related products cost of goods sold.
(c)
Amounts reclassified to net income are presented in financial services interest expense.
(d)
Amounts reclassified are included in the computation of net periodic period cost. See note 14 for information related to pension and postretirement benefit plans.