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Other Comprehensive Income (Notes)
6 Months Ended
Jun. 30, 2013
Other Comprehensive Income [Abstract]  
Comprehensive Income (Loss) Note [Text Block]
ACCUMULATED OTHER COMPREHENSIVE INCOME
The following table presents changes in accumulated other comprehensive income by component for the period ended June 30, 2013:
 
Currency Translation Adjustment, Net of Tax
 
Net Unrealized
Gain (Loss) on
Cash Flow Hedging Arrangements,
Net of Tax
 
Pension and Post-Retirement Benefit Related Items,
Net of Tax
 
Total
Balance at December 31, 2012
$
56,012

 
$
(5,438
)
 
$
(148,035
)
 
$
(97,461
)
Other comprehensive income (loss), net of tax:
 
 
 
 
 
 
 
Unrealized gains (loss) on cash flow hedging arrangements

 
(398
)
 

 
(398
)
Foreign currency translation adjustment
(19,393
)
 
(4
)
 
2,872

 
(16,525
)
Amounts recognized from accumulated other comprehensive income (loss), net of tax

 
1,756

 
3,887

 
5,643

Net change in other comprehensive income (loss), net of tax
(19,393
)
 
1,354

 
6,759

 
(11,280
)
Balance at June 30, 2013
$
36,619

 
$
(4,084
)
 
$
(141,276
)
 
$
(108,741
)


The following table presents amounts recognized from accumulated other comprehensive income (loss) for the three and six month periods ended June 30, 2013:
 
 
June 30, 2013
 
 
Three Months Ended
 
Six Months Ended
 
Location of Amounts Recognized in Earnings
Effective portion of losses on cash flow hedging arrangements:
 
 
 
 
 
 
Interest rate swap agreements
 
$
766

 
$
1,522

 
Interest expense
Foreign currency forward contracts
 
557

 
1,031

 
Cost of sales - products
Total before taxes
 
1,323

 
2,553

 
 
Provision for taxes
 
409

 
797

 
Provision for taxes
Total, net of taxes
 
$
914

 
$
1,756

 
 
 
 
 
 
 
 
 
Recognition of defined benefit pension and post-retirement items:
 
 
 
 
 
 
Recognition of actuarial losses, plan amendments and prior service cost, before taxes
 
$
2,564

 
$
5,136

 
(a)
Provision for taxes
 
632

 
1,249

 
Provision for taxes
Total, net of taxes
 
$
1,932

 
$
3,887

 
 

(a)
These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension and post-retirement cost. See Note 10 for additional details for the three and six months ended June 30, 2013.
Comprehensive income (loss), net of tax consisted of the following as of June 30:
 
Three Months Ended
 
Six Months Ended
 
2013
 
2012
 
2013
 
2012
Net earnings
$
69,062

 
$
61,704

 
$
121,606

 
$
114,031

Other comprehensive income (loss), net of tax
5,835

 
(24,735
)
 
(11,280
)
 
$
(3,944
)
Comprehensive income, net of tax
$
74,897

 
$
36,969

 
$
110,326

 
$
110,087