XML 66 R21.htm IDEA: XBRL DOCUMENT
v3.19.3

Benefit Plans | 9 Months Ended
--- | ---
Sep. 30, 2019
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract] |
Benefit Plans | Benefit Plans The components of net periodic benefit cost for the three months ended September 30 were as follows:
| Pension benefits |  | Other retirement benefits |  | Total
($ in millions) | 2019 |  | 2018 |  | 2019 |  | 2018 |  | 2019 |  | 2018
Service cost | $ | 0.4 |  |  | $ | 2.6 |  |  | $ | — |  |  | $ | — |  |  | $ | 0.4 |  |  | $ | 2.6 |
Interest cost | 1.9 |  |  | 2.3 |  |  | 0.1 |  |  | 0.1 |  |  | 2.0 |  |  | 2.4 |
Expected return on assets | (3.1 | ) |  | (3.9 | ) |  | — |  |  | — |  |  | (3.1 | ) |  | (3.9 | )
Amortization of prior service credit | 0.1 |  |  | (0.3 | ) |  | (0.2 | ) |  | (0.2 | ) |  | (0.1 | ) |  | (0.5 | )
Recognized actuarial losses (gains) | 0.5 |  |  | 0.9 |  |  | (0.7 | ) |  | (0.7 | ) |  | (0.2 | ) |  | 0.2 |
Settlements | 2.7 |  |  | — |  |  | — |  |  | — |  |  | 2.7 |  |  | — |
Net periodic benefit cost | $ | 2.5 |  |  | $ | 1.6 |  |  | $ | (0.8 | ) |  | $ | (0.8 | ) |  | $ | 1.7 |  |  | $ | 0.8 |
| Pension benefits |  | Other retirement benefits |  | Total
($ in millions) | 2019 |  | 2018 |  | 2019 |  | 2018 |  | 2019 |  | 2018
U.S. plans | $ | 2.0 |  |  | $ | 1.0 |  |  | $ | (0.8 | ) |  | $ | (0.8 | ) |  | $ | 1.2 |  |  | $ | 0.2 |
International plans | 0.5 |  |  | 0.6 |  |  | — |  |  | — |  |  | 0.5 |  |  | 0.6 |
Net periodic benefit cost | $ | 2.5 |  |  | $ | 1.6 |  |  | $ | (0.8 | ) |  | $ | (0.8 | ) |  | $ | 1.7 |  |  | $ | 0.8 |
The components of net periodic benefit cost for the nine months ended September 30 were as follows:
| Pension benefits |  | Other retirement benefits |  | Total
($ in millions) | 2019 |  | 2018 |  | 2019 |  | 2018 |  | 2019 |  | 2018
Service cost | $ | 1.1 |  |  | $ | 8.1 |  |  | $ | — |  |  | $ | — |  |  | $ | 1.1 |  |  | $ | 8.1 |
Interest cost | 6.8 |  |  | 7.0 |  |  | 0.2 |  |  | 0.2 |  |  | 7.0 |  |  | 7.2 |
Expected return on assets | (8.9 | ) |  | (11.7 | ) |  | — |  |  | — |  |  | (8.9 | ) |  | (11.7 | )
Amortization of prior service credit | 0.1 |  |  | (1.1 | ) |  | (0.5 | ) |  | (0.5 | ) |  | (0.4 | ) |  | (1.6 | )
Recognized actuarial losses (gains) | 1.6 |  |  | 2.8 |  |  | (1.8 | ) |  | (1.8 | ) |  | (0.2 | ) |  | 1.0 |
Settlements | 2.7 |  |  | — |  |  | — |  |  | — |  |  | 2.7 |  |  | — |
Net periodic benefit cost | $ | 3.4 |  |  | $ | 5.1 |  |  | $ | (2.1 | ) |  | $ | (2.1 | ) |  | $ | 1.3 |  |  | $ | 3.0 |
| Pension benefits |  | Other retirement benefits |  | Total
($ in millions) | 2019 |  | 2018 |  | 2019 |  | 2018 |  | 2019 |  | 2018
U.S. plans | $ | 1.9 |  |  | $ | 3.5 |  |  | $ | (2.1 | ) |  | $ | (2.1 | ) |  | $ | (0.2 | ) |  | $ | 1.4 |
International plans | 1.5 |  |  | 1.6 |  |  | — |  |  | — |  |  | 1.5 |  |  | 1.6 |
Net periodic benefit cost | $ | 3.4 |  |  | $ | 5.1 |  |  | $ | (2.1 | ) |  | $ | (2.1 | ) |  | $ | 1.3 |  |  | $ | 3.0 |
During the three and nine months ended September 30, 2019, we recorded a $2.7 million pension settlement charge within other nonoperating expense (income), as we determined that normal-course lump-sum payments for each of our U.S. qualified and non-qualified defined benefit pension plans exceeded the threshold for settlement accounting under U.S. GAAP for the year. Effective January 1, 2019, except for interest crediting, benefit accruals under these defined benefit pension plans ceased. During the three and nine months ended September 30, 2019, we contributed $2.6 million to our U.S. qualified defined benefit pension plan.

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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -URI http://asc.fasb.org/topic&trid=2235017 + Details
Name: | us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration