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## NOTE 4 – ACCuMulATEd OTHEr COMPrEHENsIvE lOss 

Accumulated other comprehensive loss consisted of the following for the years ended December 31: 

<img src='content_image/171326.jpg'>

## NOTE 5 – INvENTOrIEs 

Inventories valued on the LIFO cost method were 55% and the remaining 45% were valued by the FIFO method. If all inventories had been valued at FIFO, inventories would have been $287.7 million and $264.6 million greater at December 31, 2011 and 2010, respectively. The components of inventories at December 31, 2011 and 2010 were as follows: 

<img src='content_image/171327.jpg'>

The Company recognized an increase in its LIFO reserve of $23.1 million during 2011 compared to an increase in its LIFO reserve of $26.9 million during 2010. The increase in the LIFO reserve recognized during 2011 was due to higher costs and quantities of inventory on hand. 

## NOTE 6 – PrOPErTY, PlANTANd EquIPMENT 

The components of property, plant and equipment, net at December 31, 2011 and 2010 were as follows: 

<img src='content_image/171328.jpg'>

Total depreciation expense was $178.5 million, $179.6 million and $188.7 million in 2011, 2010 and 2009, respectively. At December 31, 2011 and 2010, property, plant and equipment – net included $90.5 million and $99.7 million, respectively, of capitalized software. Depreciation expense for capitalized software was $21.7 million, $18.0 million and $17.8 million in 2011, 2010 and 2009, respectively. 

