Accumulated Other Comprehensive Income (Loss) (Tables)

9 Months Ended

Sep. 30, 2013

Accumulated Other Comprehensive Income (Loss)

Schedule of changes in accumulated other comprehensive income (loss) by component

The following table presents the changes in accumulated other comprehensive income (loss) by component for the nine months ended September 30, 2013, net of tax (in thousands).

	Pension and other postretirement plans			Unrealized gain/(loss) on hedges			Foreign currency translation adjustment			Unrealized gain on investments			Total
Beginning balance as of December 31, 2012	$	(266,042	)	$	(4,203	)	$	(1,502	)	$	897		$	(270,850	)
Other comprehensive income (loss) before reclassifications		—			3,532			(2,239	)		(44	)		1,249
Amounts reclassified from accumulated other comprehensive income (loss)		13,976			(1,631	)		—(1	)		(853	)		11,492
Net current-period other comprehensive income (loss)		13,976			1,901			(2,239	)		(897	)		12,741
Ending balance as of September 30, 2013	$	(252,066	)	$	(2,302	)	$	(3,741	)	$	—		$	(258,109	)

(1)

Foreign currency translation adjustments are reclassified from accumulated other comprehensive income (loss) upon sale or substantially complete liquidation of an investment in a foreign entity.

Schedule of amounts reclassified out of each component of accumulated other comprehensive income (loss)

The following table presents amounts reclassified out of each component of accumulated other comprehensive income (loss) for the nine months ended September 30, 2013 (in thousands).

Details about Accumulated Other Comprehensive Income (Loss) Components	Amount Reclassified from Accumulated Other Comprehensive Income (Loss)			Affected Line Item in the Condensed Consolidated Statements of Operations
Gains and losses on cash flow hedges:
Interest rate swaps	$	(3,018	)	Interest expense
Interest rate swaps (ineffective portion)		378		Other loss
		(2,640	)	Total before tax
		1,009		Income tax expense
	$	(1,631	)	Net of tax
Amortization of pension and postretirement benefit plans:
Prior service cost	$	1,119		(a)
Net actuarial loss		21,484		(a)
		22,603		Total before tax
		(8,627	)	Income tax benefit
	$	13,976		Net of tax
Gains and losses on available-for-sale securities	$	(1,382	)	Other income
		529		Income tax expense
	$	(853	)	Net of tax

(a)

Amortization of pension benefit items is included in cost of sales (exclusive of depreciation and depletion) and selling, general and administrative expense while amortization of postretirement benefit items is included in postretirement benefits within the Condensed Consolidated Statements of Operations.