XML 31 R20.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Employee Benefit Plans | 6 Months Ended
--- | ---
Jun. 30, 2016
Compensation and Retirement Disclosure [Abstract] |
Employee Benefit Plans | EMPLOYEE BENEFIT PLANS Net periodic pension and postretirement benefit cost for the Company’s defined pension and postretirement benefit plans for the three months ended June 30, 2016 and 2015 are set forth below (in millions):
|  | Three Months Ended June 30,
Pension benefits |  | 2016 |  | 2015
Service cost |  | $ | 4.1 |  |  | $ | 4.6 |
Interest cost |  | 6.4 |  |  | 7.8 |
Expected return on plan assets |  | (10.2 | ) |  | (11.1 | )
Amortization of net actuarial loss |  | 2.7 |  |  | 2.8 |
Amortization of prior service cost |  | 0.2 |  |  | 0.1 |
Net periodic pension cost |  | $ | 3.2 |  |  | $ | 4.2 |
|  | Three Months Ended June 30,
Postretirement benefits |  | 2016 |  | 2015
Interest cost |  | $ | 0.4 |  |  | $ | 0.3 |
Amortization of prior service cost |  | 0.1 |  |  | 0.1 |
Net periodic postretirement benefit cost |  | $ | 0.5 |  |  | $ | 0.4 |
Net periodic pension and postretirement benefit cost for the Company’s defined pension and postretirement benefit plans for the six months ended June 30, 2016 and 2015 are set forth below (in millions):
|  | Six Months Ended June 30,
Pension benefits |  | 2016 |  | 2015
Service cost |  | $ | 8.2 |  |  | $ | 9.3 |
Interest cost |  | 12.8 |  |  | 15.6 |
Expected return on plan assets |  | (20.4 | ) |  | (22.2 | )
Amortization of net actuarial loss |  | 5.3 |  |  | 5.6 |
Amortization of prior service cost |  | 0.5 |  |  | 0.2 |
Net periodic pension cost |  | $ | 6.4 |  |  | $ | 8.5 |
|  | Six Months Ended June 30,
Postretirement benefits |  | 2016 |  | 2015
Interest cost |  | $ | 0.8 |  |  | $ | 0.7 |
Amortization of prior service cost |  | 0.1 |  |  | 0.1 |
Net periodic postretirement benefit cost |  | $ | 0.9 |  |  | $ | 0.8 |
The following table summarizes the activity in accumulated other comprehensive loss related to the Company’s defined pension and postretirement benefit plans during the six months ended June 30, 2016 (in millions):
|  | Before-Tax Amount |  | Income Tax |  | After-Tax Amount
Accumulated other comprehensive loss as of December 31, 2015 |  | $ | (336.6 | ) |  | $ | (87.6 | ) |  | $ | (249.0 | )
Amortization of net actuarial loss |  | 5.3 |  |  | 0.8 |  |  | 4.5 |
Amortization of prior service cost |  | 0.6 |  |  | — |  |  | 0.6 |
Accumulated other comprehensive loss as of June 30, 2016 |  | $ | (330.7 | ) |  | $ | (86.8 | ) |  | $ | (243.9 | )
During the six months ended June 30, 2016, approximately $17.3 million of contributions had been made to the Company’s defined pension benefit plans. The Company currently estimates its minimum contributions for 2016 to its defined pension benefit plans will aggregate approximately $32.0 million. During the six months ended June 30, 2016, the Company made approximately $0.7 million of contributions to its postretirement health care and life insurance benefit plans. The Company currently estimates that it will make approximately $1.5 million of contributions to its postretirement health care and life insurance benefit plans during 2016.

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 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=65877416&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=65897934&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=66047640&loc=d3e39622-114963 + Details
Name: | us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration