SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2012

Notes to Financial Statements [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)

The balances included in AOCI in the consolidated balance sheets are as follows:

	December 31,
(in thousands)	2012			2011
Foreign currency translation adjustments	$	54,302		$	(39,078	)
Net loss on derivative financial instruments	(143,142		)	(117,390		)
Net unrealized holding (loss) gain on available for-sale securities	17,822			(516		)
Pension liability adjustments	(73,182		)	(33,986		)
	$	(144,200	)	$	(190,970	)

Accumulated Other Comprehensive Income

AOCI includes foreign currency translation adjustments related to the Company’s foreign subsidiaries, net of the related changes in certain financial instruments hedging these foreign currency investments. In addition, changes in the Company’s fair value of certain derivative financial instruments, net unrealized holding gain on available-for-sale securities and pension liability adjustments and prior service costs, net are recorded in AOCI. These changes are recorded in AOCI net of any related tax adjustments. For the years ended December 31, 2012, 2011 and 2010, these tax adjustments were $185.6 million, $167.5 million and $158.7 million, respectively, primarily related to foreign currency translation adjustments.

Prepaid Expense and other current assets

Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consist of the following:

	December 31,
(in thousands)	2012	2011
Deferred taxes	80,903	67,159
Prepaid expenses	54,881	32,899
Other current assets	49,828	46,246
	185,612	146,304