XML 41 R30.htm IDEA: XBRL DOCUMENT v2.4.0.8
Accumulated Other Comprehensive Income (Loss) (Tables)
 9 Months Ended
Sep. 30, 2014
Equity [Abstract]  
Changes in Accumulated Other Comprehensive Income (Loss) by Component, Net of Tax
The changes in accumulated other comprehensive income (loss) by component, net of tax, during the nine months ended September 30, 2014 were as follows (in thousands):
 
Changes in
Cash Flow 
Hedges
 
Pension and 
Other
Postretirement
Benefits Items
 
Foreign 
Currency
Items
 
Total
Balance, December 31, 2013
$
423

 
$
(57,224
)
 
$
(389
)
 
$
(57,190
)
Other comprehensive income (loss) before reclassifications
(101
)
 
5,249

 
291

 
5,439

Amounts reclassified from accumulated other comprehensive loss
(220
)
(1)
(2,782
)
(2)
—

 
(3,002
)
Net current-period other comprehensive income (loss)
(321
)
 
2,467

 
291

 
2,437

Balance, September 30, 2014
$
102

 
$
(54,757
)
 
$
(98
)
 
$
(54,753
)
 
(1)
The accumulated other comprehensive loss component is related to the hedging activity amount at December 31, 2013 that was reclassified to operating income as we de-designated our cash flow hedges. See Note 6.
(2)
The accumulated other comprehensive loss reclassification components are related to amortization of unrecognized actuarial losses and prior service costs, both of which are included in the computation of net periodic pension cost. See Note 10.
The changes in accumulated other comprehensive income (loss) by component, net of tax, during the nine months ended September 30, 2013 were as follows (in thousands):
 
Changes in
Cash Flow 
Hedges
 
Pension and 
Other
Postretirement
Benefits Items
 
Foreign 
Currency
Items
 
Total
 
Non-
controlling
Interest
Balance, December 31, 2012
$
(58,452
)
 
$
(105,845
)
 
$
(22,287
)
 
$
(186,584
)
 
$
(3,683
)
Other comprehensive income (loss) before reclassifications
8

 
13,181

 
(9,159
)
 
4,030

 
(1,378
)
Amounts reclassified from accumulated other comprehensive income (loss)
58,476

(1)
(6,207
)
(2)
—

 
52,269

 
(6
)
Net current-period other comprehensive income (loss)
58,484

 
6,974

 
(9,159
)
 
56,299

 
(1,384
)
Spin-off of WhiteWave Foods
182

 
1,552

 
31,291

 
33,025

 
5,067

Balance, September 30, 2013
$
214

 
$
(97,319
)
 
$
(155
)
 
$
(97,260
)
 
$
—


(1)
In January 2013, we terminated $1 billion aggregate notional amount of interest rate swaps with maturity dates in 2013 and 2016. As a result of these terminations, we reclassified total losses of $28.1 million ($17.3 million net of tax) previously recorded in accumulated other comprehensive income to earnings, as a component of interest expense. Additionally, upon completion of the WhiteWave spin-off in May 2013, we determined that the underlying hedged forecasted transactions related to the novated swaps were no longer probable; therefore, during the three months ended June 30, 2013, we reclassified total losses of $63.4 million ($38.9 million, net of tax) recorded in accumulated other comprehensive income associated with these swaps to earnings, as a component of interest expense. See Note 6 for further information regarding our interest rate swaps.
(2)
The accumulated other comprehensive loss reclassification components are related to amortization of unrecognized actuarial losses and prior service costs, both of which are included in the computation of net periodic pension cost. See Note 10.
The changes in accumulated other comprehensive income (loss) by component, net of tax, during the three months ended September 30, 2014 were as follows (in thousands):
 
Changes in
Cash Flow 
Hedges
 
Pension and 
Other
Postretirement
Benefits Items
 
Foreign 
Currency
Items
 
Total
Balance, June 30, 2014
$
118

 
$
(55,687
)
 
$
332

 
$
(55,237
)
Other comprehensive income (loss) before reclassifications
(16
)
 
1,857

 
(430
)
 
1,411

Amounts reclassified from accumulated other comprehensive loss
—

 
(927
)
(1)
—

 
(927
)
Net current-period other comprehensive income (loss)
(16
)
 
930

 
(430
)
 
484

Balance, September 30, 2014
$
102

 
$
(54,757
)
 
$
(98
)
 
$
(54,753
)
 
(1)
The accumulated other comprehensive loss reclassification components are related to amortization of unrecognized actuarial losses and prior service costs, both of which are included in the computation of net periodic pension cost. See Note 10.

The changes in accumulated other comprehensive income (loss) by component, net of tax, during the three months ended September 30, 2013 were as follows (in thousands):
 
Changes in
Cash Flow 
Hedges
 
Pension and 
Other
Postretirement
Benefits Items
 
Unrealized
Gains/Losses  on
Available-For-Sale
Securities
 
Foreign 
Currency
Items
 
Total
Balance, June 30, 2013
$
(124
)
 
$
(99,358
)
 
$
385,552

 
$
(115
)
 
$
285,955

Other comprehensive income (loss) before reclassifications
162

 
4,108

 
30,231

 
(40
)
 
34,461

Amounts reclassified from accumulated other comprehensive income (loss)
176

(1)
(2,069
)
(2)
(415,783
)
 
—

 
(417,676
)
Net current-period other comprehensive income (loss)
338

 
2,039

 
(385,552
)
 
(40
)
 
(383,215
)
Balance, September 30, 2013
$
214

 
$
(97,319
)
 
$
—

 
$
(155
)
 
$
(97,260
)

(1)
The accumulated other comprehensive loss reclassification components affect distribution expense or cost of sales, depending on the commodity type. See Note 6 and the additional details below.
(2)
The accumulated other comprehensive loss reclassification components are related to amortization of unrecognized actuarial losses and prior service costs, both of which are included in the computation of net periodic pension cost. See Note 10.