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ACCUMULATED OTHER COMPREHENSIVE LOSS
12 Months Ended
Dec. 31, 2013
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE LOSS
ACCUMULATED OTHER COMPREHENSIVE LOSS
The components of accumulated other comprehensive loss income as of December 31, 2013, 2012 and 2011 were as follows:
 
 
Foreign
Currency
Translation
Adjustment
 
Unrealized
Holding
Gain (Loss) on
Auction
Rate
Securities
 
Net
Unrealized
Holding
Gain (Loss)
on Available-
For-Sale
Equity
Securities
 
Net
Unrealized
Holding
Gain (Loss)
on Available-
For-Sale
Debt
Securities
 
Acquisition of
Noncontrolling
Interest
 
Pension
Adjustment
 
Total
Balance, January 1, 2011
 
$
98,926

 
$

 
$

 
$
(90
)
 
$

 
$

 
$
98,836

Foreign currency translation adjustment
 
(381,633
)
 

 

 

 

 

 
(381,633
)
Net unrealized holding gain on available-for-sale equity securities
 

 

 
22,780

 

 

 

 
22,780

Reclassification to net income(1)
 

 

 
(21,146
)
 

 

 

 
(21,146
)
Net unrealized holding gain on available-for-sale debt securities
 

 

 

 
(114
)
 

 

 
(114
)
Acquisition of noncontrolling interest
 

 

 

 

 
2,206

 

 
2,206

Pension adjustment(2)
 

 

 

 

 

 
(545
)
 
(545
)
Balance, December 31, 2011
 
(282,707
)
 

 
1,634

 
(204
)
 
2,206

 
(545
)
 
(279,616
)
Foreign currency translation adjustment
 
161,011

 

 

 

 

 

 
161,011

Unrealized holding gain on auction rate securities
 

 
1

 

 

 

 

 
1

Net unrealized holding gain on available-for-sale equity securities
 

 

 
379

 

 

 

 
379

Reclassification to net loss(1)
 

 

 
(1,634
)
 
197

 

 

 
(1,437
)
Net unrealized holding gain on available-for-sale debt securities
 

 

 

 
7

 

 

 
7

Pension adjustment(2)
 

 

 

 

 

 
259

 
259

Balance, December 31, 2012
 
(121,696
)
 
1

 
379

 

 
2,206

 
(286
)
 
(119,396
)
Foreign currency translation adjustment
 
(50,764
)
 

 

 

 

 

 
(50,764
)
Reclassification to net (loss) income(1)
 

 
(1
)
 
(3,963
)
 

 

 

 
(3,964
)
Net unrealized holding gain on available-for-sale equity securities
 

 

 
3,584

 

 

 

 
3,584

Pension adjustment, net of tax(2)
 

 

 

 

 

 
37,760

 
37,760

Balance, December 31, 2013
 
$
(172,460
)
 
$

 
$

 
$

 
$
2,206

 
$
37,474

 
$
(132,780
)
____________________________________
(1)
Included in gain on investments, net (as described in note 20).
(2)
Reflects changes in defined benefit obligations and related plan assets of the Company’s defined benefit pension plans and the U.S. postretirement benefit plan (as described in note 15).
Income taxes are not provided for foreign currency translation adjustments arising on the translation of the Company’s operations having a functional currency other than the U.S. dollar. Income taxes allocated to other components of other comprehensive income (loss), including reclassification adjustments, were not material, with the exception of the pension adjustment in 2013 which is presented net of tax.