XML 45 R13.htm IDEA: XBRL DOCUMENT
v3.3.0.814

PENSION PLANS | 9 Months Ended
--- | ---
Sep. 27, 2015
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract] |
PENSION PLANS | PENSION PLANS The components of net periodic pension cost consist of:
|  | Three Months Ended |  | Nine Months Ended
|  | September 27, 2015 |  | September 28, 2014 |  | September 27, 2015 |  | September 28, 2014
|  | (in millions) |  | (in millions)
Service cost |  | $ | 13.8 |  |  | $ | 11.8 |  |  | $ | 44.0 |  |  | $ | 35.3 |
Interest cost |  | 20.0 |  |  | 21.1 |  |  | 58.0 |  |  | 63.2 |
Expected return on plan assets |  | (25.5 | ) |  | (21.5 | ) |  | (69.7 | ) |  | (64.4 | )
Net amortization |  | 0.2 |  |  | — |  |  | 2.6 |  |  | — |
Net periodic pension cost |  | $ | 8.5 |  |  | $ | 11.4 |  |  | $ | 34.9 |  |  | $ | 34.1 |
Remeasurement of Qualified Pension Plans In June 2015, we made a $200.0 million voluntary contribution to fund our qualified pension plans. We also elected to perform an interim remeasurement of our plan obligations and assets as of June 26, 2015. The discount rate used to determine the pension obligation was 4.8%. All other actuarial assumptions used for the remeasurement were consistent with those used at the end of 2014. The remeasurement resulted in a decrease to the pension obligation of $76.1 million with a corresponding decrease to accumulated other comprehensive loss, net of tax. Net periodic pension cost is expected to be $8.5 million for the remainder of 2015.

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://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 80 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=49170332&loc=SL14450702-114947 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=58740216&loc=d3e2410-114920 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 60 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6414203&loc=d3e39675-114964 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 70 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=49170846&loc=d3e28014-114942 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 60 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6414199&loc=d3e39622-114963 + Details
Name: | us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration