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Postretirement Benefit Plans (Tables) | 12 Months Ended
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Dec. 31, 2012
Summary of Funded Status of Postretirement Benefit Plans and Presentation of Such Balances within Consolidated Balance Sheet | The following table provides a summary of the funded status of our postretirement benefit plans and the presentation of the funded status within our Consolidated Balance Sheet as of December 31, 2012 and 2011.
|  | 2012 |  |  | 2011 |
|  | Pension |  |  | Other Benefits |  |  | Total |  |  | Pension |  |  | Other Benefits |  |  | Total |
Fair value of plan assets |  | $ | 249.1 |  |  | $ | 7.9 |  |  | $ | 257.0 |  |  | $ | 184.3 |  |  | $ | 7.5 |  |  | $ | 191.8 |
Projected benefit obligation |  |  | 387.0 |  |  |  | 213.0 |  |  |  | 600.0 |  |  |  | 330.1 |  |  |  | 191.8 |  |  |  | 521.9 |
Funded status |  | $ | (137.9 | ) |  | $ | (205.1 | ) |  | $ | (343.0 | ) |  | $ | (145.8 | ) |  | $ | (184.3 | ) |  | $ | (330.1 | )
Amounts reported within: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Accrued liabilities |  | $ | (4.2 | ) |  | $ | (8.5 | ) |  | $ | (12.7 | ) |  | $ | (3.6 | ) |  | $ | (11.1 | ) |  | $ | (14.7 | )
Non-current liabilities |  |  | (133.7 | ) |  |  | (196.6 | ) |  |  | (330.3 | ) |  |  | (142.2 | ) |  |  | (173.2 | ) |  |  | (315.4 | )
Amount Recognized in Accumulated Other Comprehensive Income Loss | The following table provides a summary of amounts recorded within accumulated other comprehensive loss at December 31, 2012 and 2011.
|  | 2012 |  |  | 2011 |
|  | Pension |  |  | Other Benefits |  |  | Total |  |  | Pension |  |  | Other Benefits |  |  | Total |
Net actuarial loss |  | $ | 175.7 |  |  | $ | 75.0 |  |  | $ | 250.7 |  |  | $ | 147.0 |  |  | $ | 57.5 |  |  | $ | 204.5 |
Prior service cost (benefit) |  |  | 4.8 |  |  |  | (3.7 | ) |  |  | 1.1 |  |  |  | 5.7 |  |  |  | (0.7 | ) |  |  | 5.0 |
Total |  | $ | 180.5 |  |  | $ | 71.3 |  |  | $ | 251.8 |  |  | $ | 152.7 |  |  | $ | 56.8 |  |  | $ | 209.5 |
Changes in Projected Benefit Obligations of Pension and Other Employee-Related Defined Benefit Plans | The following table provides a rollforward of the projected benefit obligations for our U.S. and international pension plans for the years ended December 31, 2012 and 2011.
|  | 2012 |  |  | 2011 |
|  | U.S. |  |  | Int’l |  |  | Total |  |  | U.S. |  |  | Int’l |  |  | Total |
Change in benefit obligation |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Benefit obligation – January 1 |  | $ | 277.8 |  |  | $ | 52.3 |  |  | $ | 330.1 |  |  | $ | 246.1 |  |  | $ | 52.5 |  |  | $ | 298.6 |
Service cost |  |  | 4.8 |  |  |  | 1.0 |  |  |  | 5.8 |  |  |  | 5.6 |  |  |  | 0.9 |  |  |  | 6.5 |
Interest cost |  |  | 12.9 |  |  |  | 2.5 |  |  |  | 15.4 |  |  |  | 13.4 |  |  |  | 2.5 |  |  |  | 15.9 |
Actuarial loss (gain) |  |  | 24.2 |  |  |  | 14.8 |  |  |  | 39.0 |  |  |  | 26.9 |  |  |  | (1.2 | ) |  |  | 25.7 |
Benefits and expenses paid |  |  | (16.1 | ) |  |  | (3.1 | ) |  |  | (19.2 | ) |  |  | (15.1 | ) |  |  | (3.0 | ) |  |  | (18.1 | )
Curtailment / Special termination benefit |  |  | – |  |  |  | – |  |  |  | – |  |  |  | 0.9 |  |  |  | – |  |  |  | 0.9 |
Assumed in acquisition |  |  | – |  |  |  | 15.0 |  |  |  | 15.0 |  |  |  | – |  |  |  | 1.4 |  |  |  | 1.4 |
Foreign currency translation |  |  | – |  |  |  | 0.9 |  |  |  | 0.9 |  |  |  | – |  |  |  | (0.8 | ) |  |  | (0.8 | )
Benefit obligation – December 31 |  | $ | 303.6 |  |  | $ | 83.4 |  |  | $ | 387.0 |  |  | $ | 277.8 |  |  | $ | 52.3 |  |  | $ | 330.1 |
Changes in Fair Value of Plan Assets of Pension Plans | The following table provides a rollforward of the pension plan assets and the funded status for our U.S. and international pension plans for the years ended December 31, 2012 and 2011.
|  | 2012 |  |  | 2011 |
|  | U.S. |  |  | Int’l |  |  | Total |  |  | U.S. |  |  | Int’l |  |  | Total |
Change in plan assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Plan assets – January 1 |  | $ | 182.3 |  |  | $ | 2.0 |  |  | $ | 184.3 |  |  | $ | 185.0 |  |  | $ | 1.7 |  |  | $ | 186.7 |
Actual return on plan assets |  |  | 22.6 |  |  |  | 0.1 |  |  |  | 22.7 |  |  |  | (5.8 | ) |  |  | 0.1 |  |  |  | (5.7 | )
Employer contributions |  |  | 58.3 |  |  |  | 3.0 |  |  |  | 61.3 |  |  |  | 18.2 |  |  |  | 3.2 |  |  |  | 21.4 |
Benefits and expenses paid |  |  | (16.1 | ) |  |  | (3.1 | ) |  |  | (19.2 | ) |  |  | (15.1 | ) |  |  | (3.0 | ) |  |  | (18.1 | )
Plan assets – December 31 |  | $ | 247.1 |  |  | $ | 2.0 |  |  | $ | 249.1 |  |  | $ | 182.3 |  |  | $ | 2.0 |  |  | $ | 184.3 |
Funded status at end of year |  | $ | (56.5 | ) |  | $ | (81.4 | ) |  | $ | (137.9 | ) |  | $ | (95.5 | ) |  | $ | (50.3 | ) |  | $ | (145.8 | )
Changes in Fair Value of Plan Assets of Other Employee-Related defined Benefit Plan Assets | The following table provides a rollforward of the other employee-related defined benefit plan assets and the funded status for the years ended December 31, 2012 and 2011.
|  | 2012 |  |  | 2011 |
Change in plan assets |  |  |  |  |  |  |  |
Plan assets – January 1 |  | $ | 7.5 |  |  | $ | 7.8 |
Actual return on plan assets |  |  | 0.4 |  |  |  | (0.3 | )
Employer contributions |  |  | 9.7 |  |  |  | 9.4 |
Benefits paid |  |  | (9.7 | ) |  |  | (9.4 | )
Plan assets – December 31 |  | $ | 7.9 |  |  | $ | 7.5 |
Funded status at end of year |  | $ | (205.1 | ) |  | $ | (184.3 | )
Pension Plans with Accumulated Benefit Obligation in Excess of Plan Assets | The following table provides information for pension plans with an accumulated benefit obligation in excess of plan assets.
|  | 2012 |  |  | 2011 |
Projected benefit obligation |  | $ | 387.0 |  |  | $ | 328.2 |
Accumulated benefit obligation |  |  | 383.7 |  |  |  | 326.5 |
Fair value of plan assets |  |  | 249.1 |  |  |  | 182.3 |
Other Changes in Plan Assets and Net Periodic Postretirement Cost Recognized in Other Comprehensive Income (Loss) | The following table provides the components of net periodic postretirement cost and other amounts recognized in other comprehensive loss for each of the three years ended December 31, 2012, as they pertain to our defined benefit pension plans.
|  | 2012 |  |  | 2011 |  |  | 2010 |
|  | U.S. |  |  | Int’l |  |  | Total |  |  | U.S. |  |  | Int’l |  |  | Total |  |  | U.S. |  |  | Int’l |  |  | Total |
Net periodic postretirement cost |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Service cost |  | $ | 4.8 |  |  | $ | 1.0 |  |  | $ | 5.8 |  |  | $ | 5.6 |  |  | $ | 0.9 |  |  | $ | 6.5 |  |  | $ | 6.3 |  |  | $ | 0.9 |  |  | $ | 7.2 |
Interest cost |  |  | 12.9 |  |  |  | 2.5 |  |  |  | 15.4 |  |  |  | 13.4 |  |  |  | 2.5 |  |  |  | 15.9 |  |  |  | 13.6 |  |  |  | 2.4 |  |  |  | 16.0 |
Expected return on plan assets |  |  | (18.2 | ) |  |  | (0.1 | ) |  |  | (18.3 | ) |  |  | (18.9 | ) |  |  | (0.1 | ) |  |  | (19.0 | ) |  |  | (18.6 | ) |  |  | (0.1 | ) |  |  | (18.7 | )
Amortization of net actuarial loss (gain) |  |  | 6.5 |  |  |  | (0.2 | ) |  |  | 6.3 |  |  |  | 3.7 |  |  |  | (0.1 | ) |  |  | 3.6 |  |  |  | 2.4 |  |  |  | – |  |  |  | 2.4 |
Amortization of prior service cost |  |  | 0.9 |  |  |  | – |  |  |  | 0.9 |  |  |  | 1.2 |  |  |  | – |  |  |  | 1.2 |  |  |  | 1.2 |  |  |  | – |  |  |  | 1.2 |
Net periodic postretirement cost |  |  | 6.9 |  |  |  | 3.2 |  |  |  | 10.1 |  |  |  | 5.0 |  |  |  | 3.2 |  |  |  | 8.2 |  |  |  | 4.9 |  |  |  | 3.2 |  |  |  | 8.1 |
Effect of curtailment / Special termination benefit |  |  | – |  |  |  | – |  |  |  | – |  |  |  | 2.5 |  |  |  | – |  |  |  | 2.5 |  |  |  | – |  |  |  | 2.0 |  |  |  | 2.0 |
Total net periodic postretirement cost |  |  | 6.9 |  |  |  | 3.2 |  |  |  | 10.1 |  |  |  | 7.5 |  |  |  | 3.2 |  |  |  | 10.7 |  |  |  | 4.9 |  |  |  | 5.2 |  |  |  | 10.1 |
Other changes in plan assets and benefit obligations recognized in other comprehensive loss |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net actuarial loss (gain) |  |  | 19.8 |  |  |  | 14.8 |  |  |  | 34.6 |  |  |  | 51.6 |  |  |  | (1.1 | ) |  |  | 50.5 |  |  |  | 5.6 |  |  |  | 0.1 |  |  |  | 5.7 |
Prior service cost |  |  | – |  |  |  | – |  |  |  | – |  |  |  | – |  |  |  | – |  |  |  | – |  |  |  | 1.0 |  |  |  | 0.1 |  |  |  | 1.1 |
Amortization of net actuarial (loss) gain |  |  | (6.5 | ) |  |  | 0.2 |  |  |  | (6.3 | ) |  |  | (3.7 | ) |  |  | 0.1 |  |  |  | (3.6 | ) |  |  | (2.4 | ) |  |  | – |  |  |  | (2.4 | )
Amortization of prior service cost |  |  | (0.9 | ) |  |  | – |  |  |  | (0.9 | ) |  |  | (2.8 | ) |  |  | – |  |  |  | (2.8 | ) |  |  | (1.2 | ) |  |  | – |  |  |  | (1.2 | )
Foreign currency translation |  |  | – |  |  |  | 0.4 |  |  |  | 0.4 |  |  |  | – |  |  |  | – |  |  |  | – |  |  |  | – |  |  |  | – |  |  |  | – |
Total change recognized in other comprehensive loss |  |  | 12.4 |  |  |  | 15.4 |  |  |  | 27.8 |  |  |  | 45.1 |  |  |  | (1.0 | ) |  |  | 44.1 |  |  |  | 3.0 |  |  |  | 0.2 |  |  |  | 3.2 |
Total impact from net periodic postretirement cost and changes in other comprehensive loss |  | $ | 19.3 |  |  | $ | 18.6 |  |  | $ | 37.9 |  |  | $ | 52.6 |  |  | $ | 2.2 |  |  | $ | 54.8 |  |  | $ | 7.9 |  |  | $ | 5.4 |  |  | $ | 13.3 |
Net Loss and Prior Service Cost that will be Amortized from Accumulated Other Comprehensive Income Loss | The following table provides the estimated net actuarial loss and prior service cost that is expected to be amortized from accumulated other comprehensive income into net periodic postretirement cost during 2013.
|  | Pension |  |  | Other Benefits |  |  | Total |
Net actuarial loss |  | $ | 9.5 |  |  | $ | 5.1 |  |  | $ | 14.6 |
Prior service cost (credit) |  |  | 0.8 |  |  |  | (0.4 | ) |  |  | 0.4 |
Total |  | $ | 10.3 |  |  | $ | 4.7 |  |  | $ | 15.0 |
Weighted Average Assumptions used to Determine Benefit Obligations | The following table provides the weighted-average assumptions used to determine projected benefit obligations and net periodic postretirement cost, as they pertain to our defined benefit pension plans.
|  | 2012 |  |  | 2011 |
|  | U.S. |  |  | Int’l |  |  | U.S. |  |  | Int’l |
Obligation Assumptions: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Discount rate |  |  | 4.1 | % |  |  | 3.1 | % |  |  | 4.8 | % |  |  | 4.8 | %
Rate of future compensation increase |  |  | N/A |  |  |  | 3.2 | % |  |  | N/A |  |  |  | 2.5 | %
Cost Assumptions: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Discount rate |  |  | 4.8 | % |  |  | 4.8 | % |  |  | 5.7 | % |  |  | 5.0 | %
Expected return on plan assets |  |  | 8.0 | % |  |  | 4.7 | % |  |  | 9.0 | % |  |  | 4.8 | %
Weighted Average Assumptions used to Determine Net Periodic Benefit Cost | The following table provides the weighted-average assumptions used to determine projected benefit obligations and net periodic postretirement cost, as they pertain to other employee-related defined benefit plans.
|  | 2012 |  |  | 2011 |
Obligation Assumptions: |  |  |  |  |  |  |  |
Discount rate |  |  | 4.1 | % |  |  | 4.8 | %
Cost Assumptions: |  |  |  |  |  |  |  |
Discount rate |  |  | 4.8 | % |  |  | 5.5 | %
Expected return on plan assets |  |  | 8.0 | % |  |  | 9.0 | %
Actual Versus Expected Long Term Returns for Our Domestic Pension Plans | For postretirement plans that participate in the current master trust and participated in the master trust distributed to Exelis, the chart below shows actual returns compared to the expected long-term returns for our postretirement plans that were utilized in the calculation of the net periodic postretirement cost for each respective year.
|  | 2012 |  |  | 2011 |  |  | 2010 |
Expected rate of return on plan assets |  |  | 8.0 | % |  |  | 9.0 | % |  |  | 9.0 | %
Actual rate of return on plan assets |  |  | 11.1 | % |  |  | (3.2 | )% |  |  | 14.1 | %
Asset Allocation Range | The following table provides the allocation of plan assets held in the master investment trust by asset category, as of December 31, 2012 and 2011, and the related targeted asset allocation ranges by asset category.
|  | 2012 |  |  | Target Allocation Range |  |  | 2011 |  |  | Target Allocation Range |
Domestic equities |  |  | 35 | % |  |  | 30-40 | % |  |  | 33 | % |  |  | 30-40 | %
International equities |  |  | 29 | % |  |  | 20-40 | % |  |  | 27 | % |  |  | 20-40 | %
Fixed income |  |  | 35 | % |  |  | 25-45 | % |  |  | 35 | % |  |  | 25-45 | %
Cash and other |  |  | 1 | % |  |  | 0-5 | % |  |  | 5 | % |  |  | 0-5 | %
Fair Value of Plan Assets Held by Our Postretirement Benefits Plans | The following table provides the fair value of plan assets held by our postretirement benefit plans, at December 31, 2012 and 2011, by asset class.
|  | Pension |  |  | Other Benefits |
2012 |  | Total |  |  | Level 2 |  |  | Total |  |  | Level 3 |
Asset Category |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Equities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Domestic |  | $ | 86.9 |  |  | $ | 86.9 |  |  | $ | – |  |  | $ | – |
International |  |  | 46.0 |  |  |  | 46.0 |  |  |  | – |  |  |  | – |
Emerging Markets |  |  | 26.2 |  |  |  | 26.2 |  |  |  | – |  |  |  | – |
Fixed income |  |  | 86.1 |  |  |  | 86.1 |  |  |  | 7.9 |  |  |  | 7.9 |
Cash and other |  |  | 3.9 |  |  |  | 3.9 |  |  |  | – |  |  |  | – |
Total |  | $ | 249.1 |  |  | $ | 249.1 |  |  | $ | 7.9 |  |  | $ | 7.9 |
|  | Pension |  |  | Other Benefits |
2011 |  | Total |  |  | Level 2 |  |  | Total |  |  | Level 3 |
Asset Category |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Equities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Domestic |  | $ | 60.0 |  |  | $ | 60.0 |  |  | $ | – |  |  | $ | – |
International |  |  | 33.5 |  |  |  | 33.5 |  |  |  | – |  |  |  | – |
Emerging Markets |  |  | 16.4 |  |  |  | 16.4 |  |  |  | – |  |  |  | – |
Fixed income |  |  | 62.8 |  |  |  | 62.8 |  |  |  | 7.5 |  |  |  | 7.5 |
Cash and other |  |  | 11.6 |  |  |  | 11.6 |  |  |  | – |  |  |  | – |
Total |  | $ | 184.3 |  |  | $ | 184.3 |  |  | $ | 7.5 |  |  | $ | 7.5 |
Fair Value Measurement Pension Plan and Post Retirement Welfare | The following table presents a reconciliation of fair value measurement within our pension plans using significant unobservable inputs (Level 3) for the year ended December 31, 2011.
|  | Equity Securities |  |  | Private Equity |  |  | Absolute Returns |  |  | Commodities, Fixed Income and Other |  |  | Total |
Level 3 balance – December 31, 2010 |  | $ | 10.6 |  |  | $ | 48.0 |  |  | $ | 20.4 |  |  | $ | 2.5 |  |  | $ | 81.5 |
Realized gains (losses), net |  |  | (1.0 | ) |  |  | 2.6 |  |  |  | (0.2 | ) |  |  | – |  |  |  | 1.4 |
Unrealized gains (losses), net |  |  | – |  |  |  | – |  |  |  | – |  |  |  | – |  |  |  | – |
Purchases/(sales) and settlements, net |  |  | (9.6 | ) |  |  | (50.6 | ) |  |  | (20.2 | ) |  |  | (2.5 | ) |  |  | (82.9 | )
Transfers in (out), net |  |  | – |  |  |  | – |  |  |  | – |  |  |  | – |  |  |  | – |
Level 3 balance – December 31, 2011 |  | $ | – |  |  | $ | – |  |  | $ | – |  |  | $ | – |  |  | $ | – |
Estimated Future Benefit Payments | The following table provides the projected timing of payments for benefits earned to date and the expectation that certain future service will be earned by current active employees for our pension and other employee-related benefit plans.
|  | U.S. Pension |  |  | Int’l Pension |  |  | Other Benefits |
2013 |  | $ | 15.8 |  |  | $ | 3.4 |  |  | $ | 11.7 |
2014 |  |  | 16.1 |  |  |  | 4.7 |  |  |  | 11.7 |
2015 |  |  | 16.6 |  |  |  | 4.2 |  |  |  | 12.0 |
2016 |  |  | 17.1 |  |  |  | 4.1 |  |  |  | 12.2 |
2017 |  |  | 17.7 |  |  |  | 4.3 |  |  |  | 12.4 |
2018 – 2021 |  | $ | 95.2 |  |  | $ | 21.2 |  |  | $ | 58.3 |
Others Benefits [Member] |
Changes in Projected Benefit Obligations of Pension and Other Employee-Related Defined Benefit Plans | The following table provides a rollforward of the projected benefit obligations for our other employee-related defined benefit plans for the years ended December 31, 2012 and 2011.
|  | 2012 |  |  | 2011 |
Change in benefit obligation |  |  |  |  |  |  |  |
Benefit obligation – January 1 |  | $ | 191.8 |  |  | $ | 175.5 |
Service cost |  |  | 2.5 |  |  |  | 1.8 |
Interest cost |  |  | 9.5 |  |  |  | 9.5 |
Amendments |  |  | (3.1 | ) |  |  | – |
Actuarial loss |  |  | 22.0 |  |  |  | 14.4 |
Benefits paid |  |  | (9.7 | ) |  |  | (9.4 | )
Benefit obligation – December 31 |  | $ | 213.0 |  |  | $ | 191.8 |
Other Changes in Plan Assets and Net Periodic Postretirement Cost Recognized in Other Comprehensive Income (Loss) | The following table provides the components of net periodic postretirement cost and other amounts recognized in other comprehensive loss for each of the three years ended December 31, 2012, as they pertain to other employee-related defined benefit plans.
|  | 2012 |  |  | 2011 |  |  | 2010 |
Net periodic postretirement cost |  |  |  |  |  |  |  |  |  |  |  |
Service cost |  | $ | 2.5 |  |  | $ | 1.8 |  |  | $ | 1.5 |
Interest cost |  |  | 9.5 |  |  |  | 9.5 |  |  |  | 9.3 |
Expected return on plan assets |  |  | (0.5 | ) |  |  | (0.6 | ) |  |  | (0.8 | )
Amortization of net actuarial loss |  |  | 4.6 |  |  |  | 2.6 |  |  |  | 1.4 |
Amortization of prior service credit |  |  | (0.1 | ) |  |  | (0.1 | ) |  |  | (0.1 | )
Total net periodic postretirement cost |  |  | 16.0 |  |  |  | 13.2 |  |  |  | 11.3 |
Other changes in plan assets and benefit obligations recognized in other comprehensive loss |  |  |  |  |  |  |  |  |  |  |  |
Net actuarial loss |  |  | 22.1 |  |  |  | 14.5 |  |  |  | 2.0 |
Prior service credit |  |  | (3.1 | ) |  |  | – |  |  |  | – |
Amortization of net actuarial loss |  |  | (4.6 | ) |  |  | (2.6 | ) |  |  | (1.4 | )
Amortization of prior service credit |  |  | 0.1 |  |  |  | 0.1 |  |  |  | 0.1 |
Total changes recognized in other comprehensive loss |  |  | 14.5 |  |  |  | 12.0 |  |  |  | 0.7 |
Total impact from net periodic postretirement cost and changes in other comprehensive loss |  | $ | 30.5 |  |  | $ | 25.2 |  |  | $ | 12.0 |

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- Definition Schedule of net funded status plan and presentation in balance sheet. + References No definition available. + Details
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- Definition Tabular disclosure of the net gain (loss) and net prior service cost or credit recognized in other comprehensive income (loss) for the period for pension plans and/or other employee benefit plans, and reclassification adjustments of other comprehensive income (loss) for the period, as those amounts, including amortization of the net transition asset or obligation, are recognized as components of net periodic benefit cost. + 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 (i) -URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920 + Details
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- 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=21915506&loc=d3e1928-114920 + Details
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- Definition Tabular disclosure of the reconciliation of beginning and ending balances of the fair value of plan assets of pension plans and/or other employee benefit plans showing separately, if applicable, the effects during the period attributable to each of the following: actual return on plan assets, foreign currency exchange rate changes, contributions by the employer, contributions by plan participants, benefits paid, business combinations, divestitures, and settlements. + 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 (b) -URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920 + Details
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