XML 23 R13.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Employee Benefit Plans | 9 Months Ended
--- | ---
Sep. 30, 2016
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract] |
Pension and Other Postretirement Benefits Disclosure [Text Block] |
6. | EMPLOYEE BENEFIT PLANS
The components of net periodic benefit cost (credit) are as follows:
|  | Pension Benefits
|  | Three Months Ended |  | Nine Months Ended
|  | September 30, |  | September 30,
|  | 2016 |  | 2015 |  | 2016 |  | 2015
|  | (in millions)
Service cost |  | $ | 0.8 |  |  | $ | 0.8 |  |  | $ | 2.3 |  |  | $ | 2.4 |
Interest cost |  | 7.3 |  |  | 7.2 |  |  | 21.9 |  |  | 21.6 |
Expected asset return |  | (10.7 | ) |  | (10.6 | ) |  | (32.1 | ) |  | (31.8 | )
Amortized loss |  | 1.3 |  |  | 1.5 |  |  | 4.1 |  |  | 4.5 |
Net periodic benefit credit |  | $ | (1.3 | ) |  | $ | (1.1 | ) |  | $ | (3.8 | ) |  | $ | (3.3 | )
|  | Other Postretirement Benefits
|  | Three Months Ended |  | Nine Months Ended
|  | September 30, |  | September 30,
|  | 2016 |  | 2015 |  | 2016 |  | 2015
|  | (in millions)
Service cost |  | $ | 0.1 |  |  | $ | 0.1 |  |  | $ | 0.3 |  |  | $ | 0.3 |
Interest cost |  | 3.5 |  |  | 3.8 |  |  | 10.5 |  |  | 11.4 |
Amortized loss |  | 0.1 |  |  | 0.2 |  |  | 0.3 |  |  | 0.6 |
Amortized prior service credit |  | (0.7 | ) |  | (0.7 | ) |  | (2.0 | ) |  | (2.1 | )
Net periodic benefit cost |  | $ | 3.0 |  |  | $ | 3.4 |  |  | $ | 9.1 |  |  | $ | 10.2 |
The noncurrent liabilities associated with our pension and other postretirement benefit plans are classified as postretirement benefits and other long-term liabilities on our Condensed Consolidated Balance Sheets. As of September 30, 2016 and December 31, 2015, we have a noncurrent pension liability of $98.0 million and $103.1 million, respectively. As of September 30, 2016 and December 31, 2015, we have a noncurrent other postretirement benefits liability of $542.9 million and $559.0 million, respectively. Due to the availability of our prefunding balances (previous contributions in excess of prior required pension contributions) for our U.S. pension plans and our contributions made in 2015 for our U.K. pension plan, we are not required to make any cash payments to our pension trusts in 2016. We expect our cash payments for other postretirement benefit obligations in 2016, net of GM cost sharing, to be approximately $16 million.

X
- References No definition available. + Details
Name: | us-gaap_DefinedBenefitPlansAndOtherPostretirementBenefitPlansDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for pension and other postretirement benefits. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 80 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=65877416&loc=SL14450702-114947 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=65897934&loc=d3e2410-114920 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 60 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6414203&loc=d3e39675-114964 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 70 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=49170846&loc=d3e28014-114942 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 60 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66047640&loc=d3e39622-114963 + Details
Name: | us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration