Comprehensive Income (Loss)

9 Months Ended

Sep. 30, 2012

Comprehensive Income (Loss)

Comprehensive Income (Loss)

Note 9—Comprehensive Income (Loss)

        Comprehensive income (loss) is comprised of net income (loss), changes in pension and other postretirement benefit plans, unrealized gains or losses on investments, gains or losses from the effect of cash flow hedges and foreign currency translation adjustments. Foreign currency translation adjustments are not adjusted for income taxes as they relate to indefinite investments in non-U.S. subsidiaries. The differences between net income (loss) and comprehensive income (loss) for the three and nine months ended September 30, 2012 and 2011 were as follows (in thousands):

	For the three months ended September 30,
	2012			Recast 2011
Net income (loss)	$	(1,061,956	)	$	87,080
Change in pension and other postretirement benefit plans, net of deferred taxes of $2.4 and $1.9 million, respectively		3,898			3,086
Change in foreign currency translation adjustment		3,132			835
Change in unrealized loss on hedges, net of deferred taxes of $0.3 million and $0.9 million, respectively		(545	)		(1,434	)
Change in unrealized loss on investments, net of deferred taxes of $0.0 million and $1.7 million, respectively		1,135			3,302
Comprehensive income (loss)	$	(1,054,336	)	$	92,869

	For the nine months ended September 30,
	2012			Recast 2011
Net income (loss)	$	(989,404	)	$	283,346
Change in pension and other postretirement benefit plans, net of deferred taxes of $7.3 and $5.6 million, respectively		11,693			9,320
Change in foreign currency translation adjustment		2,342			(266	)
Change in unrealized loss on hedges, net of deferred taxes of $2.4 million and $1.3 million, respectively		(3,815	)		(2,147	)
Change in unrealized loss on investments		766			(1,192	)
Comprehensive income (loss)	$	(978,418	)	$	289,061