XML 90 R56.htm IDEA: XBRL DOCUMENT v3.8.0.1
Retirement Plans (Details)
$ in Millions
 12 Months Ended
Dec. 31, 2017
USD ($)
plan
Dec. 31, 2016
USD ($)
Dec. 31, 2015
USD ($)
Defined Benefit Plan Disclosure [Line Items]      
Contributory defined benefit pension plans | plan 4    
Net periodic pension cost [Abstract]      
Employer service cost - benefits earned during the period $ 1.4 $ 2.0 $ 4.7
Interest cost on projected benefit obligation 10.1 12.3 14.5
Expected return on plan assets (16.5) (19.5) (20.9)
Net amortization of deferrals 2.2 0.7 4.3
Curtailment gain 0.0 0.0 0.4
Plan settlements 2.3 0.0 0.0
Recognized actuarial loss 0.2 0.2 0.2
Net periodic pension (benefit) cost (0.3) (4.3) 2.4
Change in benefit obligation:      
Service cost 1.4 2.0 4.7
Interest cost 10.1 12.3 14.5
Defined Benefit Plan, Benefit Obligation, Payment for Settlement   0.0  
Defined Benefit Plan, Accumulated Other Comprehensive (Income) Loss, before Tax [Abstract]      
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss) Arising During Period, before Tax (3.2) 44.2 (25.2)
Other Comprehensive (Income) Loss, Defined Benefit Plan, Prior Service Cost (Credit), Reclassification Adjustment from AOCI, before Tax (4.7) (0.9) (4.1)
other comprehensive income loss pension plans adjustment, foreign currency exchange rate changes 8.9 (11.7) (3.5)
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, before Tax 1.0 31.6 (32.8)
Anticipated amount of accumulated other comprehensive loss to be recognized as net periodic pension cost in next fiscal year 2.2    
United States Retirement Plans of US Entity, Defined Contribution [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Defined contribution plan, cost recognized 27.8 23.4 19.3
Foreign Retirement Plans, Defined Contribution [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Defined contribution plan, cost recognized 25.5 27.2 29.0
Foreign Plan [Member]      
Net periodic pension cost [Abstract]      
Employer service cost - benefits earned during the period 1.4 2.0  
Interest cost on projected benefit obligation 10.1 12.3  
Change in benefit obligation:      
Projected benefit obligations, benefit obligation, beginning of year 373.9 358.5  
Service cost 1.4 2.0  
Interest cost 10.1 12.3  
Defined Benefit Plan, Benefit Obligation, Payment for Settlement (8.1)    
Defined Benefit Plan, Benefit Obligation, Contributions by Plan Participant 0.1 0.1  
Defined Benefit Plan, Benefit Obligation, Benefits Paid 11.1 16.2  
Actuarial (gain) loss (0.5) 80.7  
Changes in currency translation rates 37.0 (62.1)  
Defined Benefit Plan, Benefit Obligation, Increase (Decrease) for Other Change (0.6) (1.4)  
Projected benefit obligations, benefit obligation, end of year 402.2 373.9 358.5
Change in plan assets:      
Fair value of plan assets, benefit obligation, beginning of year 364.9 384.9  
Actual return on plan assets 18.7 52.6  
Defined Benefit Plan, Plan Assets, Payment for Settlement (8.1) 0.0  
Defined Benefit Plan, Plan Assets, Contributions by Employer 8.1 8.4  
Defined Benefit Plan, Plan Assets, Benefits Paid 11.1 16.2  
Changes in currency translation rates 36.9 (63.4)  
Other (0.5) (1.4)  
Fair value of plan assets, benefit obligation, end of year 408.9 364.9 $ 384.9
Funded status and net amount recognized 6.7 (9.0)  
Accumulated benefit obligation, December 31, 402.2 373.9  
Foreign Plan [Member]      
Change in plan assets:      
Fair value of plan assets, benefit obligation, beginning of year 364.9    
Fair value of plan assets, benefit obligation, end of year 408.9 364.9  
Funded status and net amount recognized 6.7 (9.0)  
Defined Benefit Plan, Amounts for Asset (Liability) Recognized in Statement of Financial Position [Abstract]      
Assets for Plan Benefits, Defined Benefit Plan 22.4 11.2  
Pension assets (included in Other assets) (15.7) (20.2)  
Accumulated other comprehensive income yet to be recognized as components of net periodic pension cost, actuarial losses 91.9 90.8  
Accumulated other comprehensive income yet to be recognized as components of net periodic pension cost, prior service cost 0.3 0.4  
Accumulated other comprehensive loss 92.2 91.2  
Allocation of Pension Plan Assets      
Defined Benefit Plan, Equity Securities, Amount 105.7 112.6  
Defined Benefit Plan, Debt Securities, Corporate Bonds, Amount 155.7 124.9  
Defined Benefit Plan, Debt Securities, Government and Other Debt Securities, Amount 25.3 17.5  
Defined Benefit Plan, Plan Assets, Other, Amount 41.6 35.6  
Defined Benefit Plan, Fair Value of Plan Assets, Excluding Cash and Cash Equivalents and Assets Measured at NAV 328.3 290.6  
Defined Benefit Plan, Cash and Cash Equivalents, Amount 3.4 6.6  
Defined Benefit Plan, Assets Measured at NAV, Amount 77.2 $ 67.7  
Defined Benefit Plan, Expected Future Benefit Payment [Abstract]      
Defined benefit plan, estimated future employer contributions in next fiscal year 8.3    
2018 20.5    
2019 21.2    
2020 21.7    
2021 22.4    
2022 23.0    
2023 to 2027 125.4    
Total $ 234.2    
Foreign Plan [Member] | Minimum [Member]      
Defined Benefit Plan, Weighted Average Assumptions Used in Calculating Net Periodic Benefit Cost [Abstract]      
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate 2.00% 2.00%  
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Rate of Compensation Increase 0.00% 0.00%  
Discount rate used in determining present values 2.00% 2.00% 2.25%
Annual increase in future compensation levels 0.00% 0.00% 0.00%
Expected long-term rate of return on assets 2.30% 2.00% 2.70%
Foreign Plan [Member] | Maximum [Member]      
Defined Benefit Plan, Weighted Average Assumptions Used in Calculating Net Periodic Benefit Cost [Abstract]      
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate 2.55% 2.70%  
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Rate of Compensation Increase 3.75% 3.65%  
Discount rate used in determining present values 2.70% 3.90% 3.70%
Annual increase in future compensation levels 3.65% 3.50% 3.50%
Expected long-term rate of return on assets 4.90% 5.90% 5.80%
Foreign Plan [Member] | Fair Value, Inputs, Level 1 [Member]      
Change in plan assets:      
Fair value of plan assets, benefit obligation, beginning of year $ 252.6    
Fair value of plan assets, benefit obligation, end of year 277.6 $ 252.6  
Allocation of Pension Plan Assets      
Defined Benefit Plan, Equity Securities, Amount 105.7 112.6  
Defined Benefit Plan, Debt Securities, Corporate Bonds, Amount 150.5 121.3  
Defined Benefit Plan, Debt Securities, Government and Other Debt Securities, Amount 17.8 14.8  
Defined Benefit Plan, Plan Assets, Other, Amount 3.6 3.9  
Foreign Plan [Member] | Fair Value, Inputs, Level 2 [Member]      
Change in plan assets:      
Fair value of plan assets, benefit obligation, beginning of year 8.8    
Fair value of plan assets, benefit obligation, end of year 19.7 8.8  
Allocation of Pension Plan Assets      
Defined Benefit Plan, Equity Securities, Amount 0.0  
Defined Benefit Plan, Debt Securities, Corporate Bonds, Amount 5.2 3.6  
Defined Benefit Plan, Debt Securities, Government and Other Debt Securities, Amount 7.5 2.7  
Defined Benefit Plan, Plan Assets, Other, Amount 7.0 2.5  
Foreign Plan [Member] | Fair Value, Inputs, Level 3 [Member]      
Change in plan assets:      
Fair value of plan assets, benefit obligation, beginning of year 29.2    
Fair value of plan assets, benefit obligation, end of year 31.0 29.2  
Allocation of Pension Plan Assets      
Defined Benefit Plan, Equity Securities, Amount 0.0 0.0  
Defined Benefit Plan, Debt Securities, Corporate Bonds, Amount 0.0  
Defined Benefit Plan, Debt Securities, Government and Other Debt Securities, Amount 0.0 0.0  
Defined Benefit Plan, Plan Assets, Other, Amount $ 31.0 $ 29.2