XML 50 R36.htm IDEA: XBRL DOCUMENT v3.3.1.900

Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2015

BENEFIT PLANS [Abstract]

Schedule of Defined Benefit Plans Disclosures

	U.S. Pension Benefits								Non-U.S. Pension Benefits								Other Benefits								Total
	2015				2014				2015				2014				2015				2014				2015				2014
Change in benefit obligation:
Benefit obligation at beginning of year	$	164,367			$	138,147			$	863,639			$	814,200			$	3,754			$	5,295			$	1,031,760			$	957,642
Service cost, gross	837				893				31,514				28,579				—				170				32,351				29,642
Interest cost	6,431				6,396				14,071				21,445				139				240				20,641				28,081
Actuarial losses (gains)	(10,145		)		25,848				(4,959		)		117,902				113				477				(14,991		)		144,227
Plan amendments and other	—				—				(12,391		)		(453		)		163				(1,951		)		(12,228		)		(2,404		)
Benefits paid	(7,075		)		(6,917		)		(49,010		)		(35,279		)		(897		)		(477		)		(56,982		)		(42,673		)
Impact of foreign currency	—				—				(24,595		)		(82,755		)		—				—				(24,595		)		(82,755		)
Benefit obligation at end of year	$	154,415			$	164,367			$	818,269			$	863,639			$	3,272			$	3,754			$	975,956			$	1,031,760
Change in plan assets:
Fair value of plan assets at beginning of year	$	132,030			$	117,903			$	751,193			$	786,532			$	—			$	—			$	883,223			$	904,435
Actual return on plan assets	(5,907		)		2,974				(2,925		)		40,893				—				—				(8,832		)		43,867
Employer contributions	70				18,070				22,812				25,448				734				343				23,616				43,861
Plan participants’ contributions	—				—				12,850				13,409				163				134				13,013				13,543
Benefits paid	(7,075		)		(6,917		)		(49,010		)		(35,279		)		(897		)		(477		)		(56,982		)		(42,673		)
Impact of foreign currency and other	—				—				(9,323		)		(79,810		)		—				—				(9,323		)		(79,810		)
Fair value of plan assets at end of year	$	119,118			$	132,030			$	725,597			$	751,193			$	—			$	—			$	844,715			$	883,223
Funded status	$	(35,297	)		$	(32,337	)		$	(92,672	)		$	(112,446	)		$	(3,272	)		$	(3,754	)		$	(131,241	)		$	(148,537	)

Schedule of Amounts Recognized in Balance Sheet

	U.S. Pension Benefits								Non-U.S. Pension Benefits								Other Benefits								Total
	2015				2014				2015				2014				2015				2014				2015				2014
Other non-current assets	$	—			$	—			$	32,786			$	38,922			$	—			$	—			$	32,786			$	38,922
Accrued and other liabilities	(92		)		(69		)		(4,508		)		(4,676		)		(483		)		(579		)		(5,083		)		(5,324		)
Pension and other post-retirement liabilities	(35,205		)		(32,268		)		(120,950		)		(146,692		)		(2,789		)		(3,175		)		(158,944		)		(182,135		)
Accumulated other comprehensive loss (income)	83,347				85,636				216,224				213,702				(9,943		)		(15,303		)		289,628				284,035
Total	$	48,050			$	53,299			$	123,552			$	101,256			$	(13,215	)		$	(19,057	)		$	158,387			$	135,498

Schedule of Net Periodic Benefit Cost Not yet Recognized

	U.S. Pension Benefits				Non-U.S. Pension Benefits				Other Benefits				Total				Total, After Tax
Plan amendments and prior service cost	$	—			$	(27,114	)		$	(3,028	)		$	(30,142	)		$	(23,079	)
Actuarial losses (gains)	83,347				243,338				(6,915		)		319,770				235,350
Total	$	83,347			$	216,224			$	(9,943	)		$	289,628			$	212,271

Schedule of Changes in Accumulated Postemployment Benefit Obligations

	U.S. Pension Benefits				Non-U.S. Pension Benefits				Other Benefits				Total				Total, After Tax
Net actuarial losses (gains)	$	5,337			$	33,507			$	113			$	38,957			$	30,759
Plan amendments and prior service cost, net	—				(12,058		)		—				(12,058		)		(9,189		)
Amortization of:
Actuarial (losses) gains	(7,626		)		(15,084		)		1,877				(20,833		)		(15,134		)
Plan amendments and prior service cost	—				4,445				3,370				7,815				5,625
Impact of foreign currency	—				(8,288		)		—				(8,288		)		(5,835		)
Total	$	(2,289	)		$	2,522			$	5,360			$	5,593			$	6,226

Schedule of Assumptions Used in Computing Benefit Obligation

	U.S.									Non-U.S.
	2015			2014			2013			2015			2014			2013
Discount rate	4.27	%		4.00	%		4.75	%		1.31	%		1.65	%		2.73	%
Compensation increase rate	n/a			n/a			n/a			1.03	%		1.61	%		1.61	%
Expected long-term rate of return on plan assets	7.25	%		7.50	%		7.50	%		4.58	%		4.82	%		4.87	%

Schedule of Assumptions Used in Computing Pension Cost

	U.S.									Non-U.S.
	2015			2014			2013			2015			2014			2013
Discount rate	4.00	%		4.75	%		3.75	%		1.65	%		2.73	%		2.50	%
Compensation increase rate	n/a			n/a			n/a			1.61	%		1.61	%		1.60	%
Expected long-term rate of return on plan assets	7.50	%		7.50	%		7.75	%		4.82	%		4.87	%		4.89	%

Schedule of Net Benefit Costs [Table Text Block]

Net periodic pension cost and net periodic post-retirement benefit for the defined benefit plans and U.S. post-retirement plan includes the following components for the years ended December 31:

	U.S.												Non-U.S.												Other Benefits												Total
	2015				2014				2013				2015				2014				2013				2015				2014				2013				2015				2014				2013
Service cost, net	$	837			$	893			$	494			$	18,664			$	15,189			$	17,386			$	—			$	170			$	216			$	19,501			$	16,252			$	18,096
Interest cost on projected benefit obligations	6,431				6,396				5,755				14,071				21,445				19,566				139				240				405				20,641				28,081				25,726
Expected return on plan assets	(9,575		)		(8,549		)		(7,154		)		(36,832		)		(37,361		)		(35,048		)		—				—				—				(46,407		)		(45,910		)		(42,202		)
Recognition of actuarial losses/(gains) and prior service costs	7,626				4,800				7,782				10,639				292				3,545				(5,247		)		(2,215		)		(901		)		13,018				2,877				10,426
Net periodic pension cost / (benefit)	$	5,319			$	3,540			$	6,877			$	6,542			$	(435	)		$	5,449			$	(5,108	)		$	(1,805	)		$	(280	)		$	6,753			$	1,300			$	12,046

Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year

	U.S. Pension Benefits				Non-U.S. Pension Benefits				Other Benefits				Total
Plan amendments and prior service costs	$	—			$	(3,889	)		$	(1,877	)		$	(5,766	)
Actuarial losses (gains)	7,561				17,935				(2,692		)		22,804
Total	$	7,561			$	14,046			$	(4,569	)		$	17,038

Schedule of Allocation of Plan Assets

	December 31, 2015																December 31, 2014
	Quoted Prices in Active Markets for Identical Assets (Level 1)				Observable Inputs for Identical Assets (Level 2)				Unobservable Inputs (Level 3)				Total				Quoted Prices in Active Markets for Identical Assets (Level 1)				Observable Inputs for Identical Assets (Level 2)				Unobservable Inputs (Level 3)				Total
Asset Category:
Cash and Cash Equivalents	$	86,135			$	—			$	—			$	86,135			$	140,959			$	—			$	—			$	140,959
Equity Securities:
Mettler-Toledo Stock	3,229				—				—				3,229				3,638				—				—				3,638
Equity Mutual Funds:
U.S.(1)	6,320				27,614				—				33,934				7,377				30,268				—				37,645
International(2)	41,982				50,748				—				92,730				39,515				52,476				—				91,991
Emerging Markets(3)	95,065				6,117				—				101,182				72,360				6,679				—				79,039
Fixed Income Securities:
Corporate/Government	91,533				—				—				91,533				124,709				—				—				124,709
Bonds(4)
Fixed Income Mutual Funds:
Insurance Contracts(5)	—				20,351				1,367				21,718				—				23,288				1,388				24,676
Core Bond(6)	138,073				37,099				—				175,172				120,840				38,757				—				159,597
Real Asset Mutual Funds:
Real Estate(7)	65,597				—				—				65,597				61,849				—				—				61,849
Commodities(8)	21,092				3,880				33,505				58,477				20,920				3,118				28,196				52,234
Other Types of Investments:
Global Allocation Funds(9)	12,661				13,605				—				26,266				13,790				12,145				—				25,935
Multi-Strategy Fund of	—				—				88,742				88,742				—				—				80,951				80,951
Hedge Funds(10)
	$	561,687			$	159,414			$	123,614			$	844,715			$	605,957			$	166,731			$	110,535			$	883,223

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation

	Multi- Strategy Fund of Hedge Funds				Commodities				Insurance Contract				Total
Balance at December 31, 2013	$	77,312			$	23,136			$	1,475			$	101,923
Actual return on plan assets:
Related to assets held at end of year	4,456				2,952				34				7,442
Related to assets sold during the year	4,811				—				—				4,811
Purchases	22,867				5,030				115				28,012
Sales	(21,649		)		—				(54		)		(21,703		)
Impact of foreign currency	(6,846		)		(2,922		)		(182		)		(9,950		)
Balance at December 31, 2014	$	80,951			$	28,196			$	1,388			$	110,535
Actual return on plan assets:
Related to assets held at end of year	6,453				2,408				22				8,883
Purchases	9,980				2,911				99				12,990
Sales	(8,317		)		—				—				(8,317		)
Impact of foreign currency	(325		)		(10		)		(142		)		(477		)
Balance at December 31, 2015	$	88,742			$	33,505			$	1,367			$	123,614

Schedule of Expected Benefit Payments

	U.S. Pension Benefits				Non-U.S. Pension Benefits				Other Benefits Net of Subsidy				Total
2016	$	7,484			$	40,900			$	483			$	48,867
2017	7,842				40,576				441				48,859
2018	8,181				40,616				381				49,178
2019	8,460				40,390				331				49,181
2020	8,782				40,746				263				49,791
2021-2025	47,773				193,094				973				241,840

X

- Definition

BENEFIT PLANS [Abstract]

+ References

No definition available.

+ Details

Name:	mtd_BenefitPlansAbstract
Namespace Prefix:	mtd_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the assumptions used to determine for pension plans and/or other employee benefit plans the benefit obligation.

+ References

No definition available.

+ Details

Name:	mtd_ScheduleOfAssumptionsUsedInComputingBenefitObligationTableTextBlock
Namespace Prefix:	mtd_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the assumptions used to determine for pension plans and/or other employee benefit plans the net benefit cost, including assumed discount rates, rate increase in compensation increase, and expected long-term rates of return on plan assets.

+ References

No definition available.

+ Details

Name:	mtd_ScheduleOfAssumptionsUsedInComputingPensionCostTableTextBlock
Namespace Prefix:	mtd_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19279-110258

+ Details

Name:	us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the major categories of plan assets of pension plans and/or other employee benefit plans. This information may include, but is not limited to, the target allocation of plan assets, the fair value of each major category of plan assets, and the level within the fair value hierarchy in which the fair value measurements fall.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (d)(5)
-URI http://asc.fasb.org/extlink&oid=58740216&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfAllocationOfPlanAssetsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the amounts related to pension plans and/or other employee benefit plans in accumulated other comprehensive income (loss) expected to be recognized as components of net periodic benefit cost over the next fiscal year, including the net gain (loss), net prior service cost or credit, and net transition asset or obligation.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (s)
-URI http://asc.fasb.org/extlink&oid=58740216&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfAmountsInAccumulatedOtherComprehensiveIncomeLossToBeRecognizedOverNextFiscalYearTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the amounts that are recognized in the balance sheet (or statement of financial position) for pension plans and/or other employee benefit plans, showing separately the assets and current and noncurrent liabilities (if applicable) recognized.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=58740216&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfAmountsRecognizedInBalanceSheetTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the change in the accumulated postemployment benefit obligation from the beginning to the end of the period, showing separately, if applicable, the effects of the following: service cost, interest cost, contributions by plan participants, actuarial gains and losses, foreign currency exchange rate changes, benefits paid, plan amendments, business combinations, divestitures, curtailments, settlements, and special and contractual termination benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=58740216&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfChangesInAccumulatedPostemploymentBenefitObligationsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of one or more of the entity's defined benefit pension plans or one or more other defined benefit postretirement plans, separately for pension plans and other postretirement benefit plans including the entity's schedule of fair value of plan assets for defined benefit or other postretirement plans.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=58740216&loc=d3e2439-114920

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=58740216&loc=d3e2417-114920

Reference 3: 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=58740216&loc=d3e2410-114920

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 55
-Paragraph 17
-URI http://asc.fasb.org/extlink&oid=58242635&loc=d3e4179-114921

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=58740216&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of benefits expected to be paid by pension plans and/or other employee benefit plans in each of the next five fiscal years and in the aggregate for the five fiscal years thereafter.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=58740216&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfExpectedBenefitPaymentsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (h)
-URI http://asc.fasb.org/extlink&oid=58740216&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfNetBenefitCostsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the amounts related to pension plans and/or other employee benefit plans in accumulated other comprehensive income or loss that have not yet been recognized as components of net periodic benefit cost, such as the net gain (loss), net prior service cost or credit, and net transition asset or obligation.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (j)
-URI http://asc.fasb.org/extlink&oid=58740216&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfNetPeriodicBenefitCostNotYetRecognizedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration