XML 37 R75.htm IDEA: XBRL DOCUMENT v2.4.0.8
Employee Benefit Plans and Other Postretirement Plans Change in Benefit Obligations and Change in Fair Value of Plan Assets Related to Pension and Postretirement Plans (Details) (USD $)
 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Change in Fair Value of Plan Assets      
Fair value of plan assets at plan year end $ 772,082,000 $ 238,359,000  
Amounts Recognized in Statement of Financial Position      
Noncurrent liabilities (193,548,000) (164,538,000)  
Amounts Recognized in Accumulated Other Comprehensive (Income) Loss (Pre-Tax)      
Accumulated benefit obligation for plans with obligations in excess of plan assets 798,000,000    
Pension Plans
      
Change in Benefit Obligations      
Benefit obligation at beginning of period 378,714,000 314,155,000  
Service cost 24,460,000 22,424,000 19,808,000
Interest cost 21,488,000 14,800,000 13,473,000
Plan amendments (a) 13,785,000 [1] 2,271,000  
Actuarial (gain) loss (b) (53,451,000) [2] 29,338,000  
Acquisitions 553,969,000 0  
Participant contributions 0 0  
Benefits paid (9,149,000) (4,274,000)  
Benefit obligation at plan year end 929,816,000 378,714,000 314,155,000
Accumulated benefit obligation portion of above 884,016,000 341,729,000  
Change in Fair Value of Plan Assets      
Plan assets at fair value at beginning of period 238,359,000 185,122,000  
Acquisitions 486,171,000 0  
Actual return on plan assets 26,555,000 21,527,000  
Company contributions 30,146,000 35,984,000  
Participant contributions 0 0  
Benefits paid (9,149,000) (4,274,000)  
Fair value of plan assets at plan year end 772,082,000 238,359,000 185,122,000
Underfunded status (157,734,000) (140,355,000)  
Amounts Recognized in Statement of Financial Position      
Current liabilities (832,000) (6,290,000)  
Noncurrent liabilities (156,902,000) (134,065,000)  
Accrued benefit recognized at December 31 (157,734,000) (140,355,000)  
Amounts Recognized in Accumulated Other Comprehensive (Income) Loss (Pre-Tax)      
Prior service cost 31,577,000 34,921,000  
Actuarial loss 26,742,000 90,057,000  
Total 58,319,000 124,978,000  
Postretirement Plans
      
Change in Benefit Obligations      
Benefit obligation at beginning of period 31,806,000 25,937,000  
Service cost 2,061,000 1,856,000 1,599,000
Interest cost 1,248,000 1,241,000 1,189,000
Plan amendments (a) 0 2,266,000  
Actuarial (gain) loss (b) (7,797,000) [2] 1,698,000  
Acquisitions 226,000 0  
Participant contributions 1,239,000 1,055,000  
Benefits paid (2,528,000) (2,247,000)  
Benefit obligation at plan year end 26,255,000 31,806,000 25,937,000
Change in Fair Value of Plan Assets      
Plan assets at fair value at beginning of period 0 0  
Acquisitions 0 0  
Actual return on plan assets 0 0  
Company contributions 1,289,000 1,192,000  
Participant contributions 1,239,000 1,055,000  
Benefits paid (2,528,000) (2,247,000)  
Fair value of plan assets at plan year end 0 0 0
Underfunded status (26,255,000) (31,806,000)  
Amounts Recognized in Statement of Financial Position      
Current liabilities (1,231,000) (1,333,000)  
Noncurrent liabilities (25,024,000) (30,473,000)  
Accrued benefit recognized at December 31 (26,255,000) (31,806,000)  
Amounts Recognized in Accumulated Other Comprehensive (Income) Loss (Pre-Tax)      
Prior service cost 72,000 (353,000)  
Actuarial loss 1,472,000 9,759,000  
Total $ 1,544,000 $ 9,406,000  
[1] In 2013, the United Steel Workers (USW) ratified a master labor agreement with PCA under which certain USW-represented employees will have their pension accruals frozen under PCA's hourly pension plan, resulting in most of the $13.8 million increase in benefit obligations.
[2] The actuarial gain in 2013 is due primarily to an increase in the weighted average discount rate, while the discount rate decreased in 2012.