XML 87 R78.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Schedule of Defined Benefit Plans Disclosures (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2019
Retirement Benefits [Abstract] |
Schedule of Defined Benefit Plans Disclosures | Pension and Postretirement Benefit Obligation The change in the benefit obligation, the change in plan assets, the funded status and amounts recognized for the Domestic Pension Plan, the significant foreign pension plans and the domestic postretirement benefit plan are listed below.
| Domestic Pension Plan |  | Foreign Pension Plans |  | Domestic Postretirement Benefit Plan
| 2019 |  | 2018 |  | 2019 |  | 2018 |  | 2019 |  | 2018
Benefit Obligation |  |  |  |  |  |  |  |  |  |  |
Projected benefit obligation as of January 1 | $ | 115.4 |  |  | $ | 125.4 |  |  | $ | 496.0 |  |  | $ | 582.3 |  |  | $ | 27.7 |  |  | $ | 31.8 |
Service cost | 0.0 |  |  | 0.0 |  |  | 4.8 |  |  | 5.4 |  |  | 0.0 |  |  | 0.0 |
Interest cost | 4.8 |  |  | 4.5 |  |  | 12.4 |  |  | 13.1 |  |  | 1.2 |  |  | 1.1 |
Benefits paid | (9.2 | ) |  | (9.5 | ) |  | (27.8 | ) |  | (27.4 | ) |  | (5.4 | ) |  | (5.9 | )
Plan participant contributions | 0.0 |  |  | 0.0 |  |  | 0.0 |  |  | 0.1 |  |  | 2.0 |  |  | 1.8 |
Actuarial losses (gains) | 5.9 |  |  | (5.0 | ) |  | 42.7 |  |  | (47.6 | ) |  | 1.7 |  |  | (1.1 | )
Settlements and curtailments | 0.0 |  |  | 0.0 |  |  | (0.7 | ) |  | (5.8 | ) |  | 0.0 |  |  | 0.0 |
Foreign currency effect | 0.0 |  |  | 0.0 |  |  | 13.8 |  |  | (26.4 | ) |  | 0.0 |  |  | 0.0 |
Other | 0.0 |  |  | 0.0 |  |  | 0.0 |  |  | 2.3 |  |  | 0.0 |  |  | 0.0 |
Projected benefit obligation as of December 31 | $ | 116.9 |  |  | $ | 115.4 |  |  | $ | 541.2 |  |  | $ | 496.0 |  |  | $ | 27.2 |  |  | $ | 27.7 |
Fair Value of Plan Assets |  |  |  |  |  |  |  |  |  |  |
Fair value of plan assets as of January 1 | $ | 89.8 |  |  | $ | 98.8 |  |  | $ | 363.9 |  |  | $ | 404.2 |  |  | $ | 0.0 |  |  | $ | 0.0 |
Actual return on plan assets | 16.1 |  |  | (8.1 | ) |  | 42.0 |  |  | (8.0 | ) |  | 0.0 |  |  | 0.0 |
Employer contributions | 2.4 |  |  | 8.6 |  |  | 18.0 |  |  | 19.1 |  |  | 3.4 |  |  | 4.1 |
Plan participant contributions | 0.0 |  |  | 0.0 |  |  | 0.0 |  |  | 0.1 |  |  | 2.0 |  |  | 1.8 |
Benefits paid | (9.2 | ) |  | (9.5 | ) |  | (27.8 | ) |  | (27.4 | ) |  | (5.4 | ) |  | (5.9 | )
Settlements | 0.0 |  |  | 0.0 |  |  | 0.0 |  |  | (4.6 | ) |  | 0.0 |  |  | 0.0 |
Foreign currency effect | 0.0 |  |  | 0.0 |  |  | 13.4 |  |  | (21.1 | ) |  | 0.0 |  |  | 0.0 |
Other | 0.0 |  |  | 0.0 |  |  | 0.0 |  |  | 1.6 |  |  | 0.0 |  |  | 0.0 |
Fair value of plan assets as of December 31 | $ | 99.1 |  |  | $ | 89.8 |  |  | $ | 409.5 |  |  | $ | 363.9 |  |  | $ | 0.0 |  |  | $ | 0.0 |
Funded status of the plans at December 31 | $ | (17.8 | ) |  | $ | (25.6 | ) |  | $ | (131.7 | ) |  | $ | (132.1 | ) |  | $ | (27.2 | ) |  | $ | (27.7 | )
| Domestic Pension Plan |  | Foreign Pension Plans |  | Domestic Postretirement Benefit Plan
December 31, | 2019 |  | 2018 |  | 2019 |  | 2018 |  | 2019 |  | 2018
Amounts recognized in Consolidated Balance Sheets |  |  |  |  |  |  |  |  |  |  |
Non-current asset | $ | 0.0 |  |  | $ | 0.0 |  |  | $ | 10.1 |  |  | $ | 8.6 |  |  | $ | 0.0 |  |  | $ | 0.0 |
Current liability | 0.0 |  |  | 0.0 |  |  | (5.8 | ) |  | (6.2 | ) |  | (2.7 | ) |  | (2.9 | )
Non-current liability | (17.8 | ) |  | (25.6 | ) |  | (136.0 | ) |  | (134.5 | ) |  | (24.5 | ) |  | (24.8 | )
Net liability recognized | $ | (17.8 | ) |  | $ | (25.6 | ) |  | $ | (131.7 | ) |  | $ | (132.1 | ) |  | $ | (27.2 | ) |  | $ | (27.7 | )
Accumulated benefit obligation | $ | 116.9 |  |  | $ | 115.4 |  |  | $ | 538.6 |  |  | $ | 493.2 |  |  |  |  |
Amounts recognized in Accumulated Other Comprehensive Loss, net |  |  |  |  |  |  |  |  |  |  |
Net actuarial loss | $ | 54.2 |  |  | $ | 60.4 |  |  | $ | 183.2 |  |  | $ | 165.6 |  |  | $ | 4.7 |  |  | $ | 3.1 |
Prior service cost (credit) | 0.0 |  |  | 0.0 |  |  | 1.1 |  |  | 1.2 |  |  | (0.1 | ) |  | (0.3 | )
Total amount recognized | $ | 54.2 |  |  | $ | 60.4 |  |  | $ | 184.3 |  |  | $ | 166.8 |  |  | $ | 4.6 |  |  | $ | 2.8 |
Actuarial losses of $5.9 for the Domestic Pension Plan are attributed to a decrease in the discount rate from 4.35% as of December 31, 2018 to 3.35% as of December 31, 2019, offset by changes in the mortality assumption and demographic experience. Actuarial losses of $42.7 for the foreign pension plans are attributed to a decrease in the weighted-average discount rate from 2.61% as of December 31, 2018 to 1.84% as of December 31, 2019 offset by changes in demographic experience.
| Domestic Pension Plan |  | Foreign Pension Plans
December 31, | 2019 |  | 2018 |  | 2019 |  | 2018
Pension plans with an accumulated benefit obligation and projected benefit obligation in excess of plan assets |  |  |  |  |  |  |
Aggregate projected benefit obligation | $ | 116.9 |  |  | $ | 115.4 |  |  | $ | 534.6 |  |  | $ | 491.2 |
Aggregate accumulated benefit obligation | 116.9 |  |  | 115.4 |  |  | 533.5 |  |  | 489.9 |
Aggregate fair value of plan assets | 99.1 |  |  | 89.8 |  |  | 392.7 |  |  | 350.5 |

X
- References No definition available. + Details
Name: | us-gaap_CompensationAndRetirementDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 55 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=118257860&loc=d3e4179-114921 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e2439-114920 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e2410-114920 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e2417-114920 + Details
Name: | us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration