XML 55 R14.htm IDEA: XBRL DOCUMENT
v3.3.0.814

Pensions | 9 Months Ended
--- | ---
Sep. 30, 2015
Compensation and Retirement Disclosure [Abstract] |
Pensions | PENSIONS The following table summarizes the components of net postretirement pension expense:
| U.S. Benefit Plan |  | Non-U.S. Benefit Plans
| Three Months Ended September 30, |  | Nine Months Ended September 30, |  | Three Months Ended September 30, |  | Nine Months Ended September 30,
(in millions) | 2015 |  | 2014 |  | 2015 |  | 2014 |  | 2015 |  | 2014 |  | 2015 |  | 2014
Service cost | $ | — |  |  | $ | — |  |  | — |  |  | — |  |  | $ | — |  |  | $ | 0.1 |  |  | $ | 0.2 |  |  | $ | 0.3 |
Interest cost | 1.9 |  |  | 2.0 |  |  | 5.7 |  |  | 5.9 |  |  | 0.6 |  |  | 0.7 |  |  | 1.6 |  |  | 2.0 |
Amortization of actuarial loss | 1.7 |  |  | 1.3 |  |  | 5.1 |  |  | 3.8 |  |  | 0.2 |  |  | 0.1 |  |  | 0.6 |  |  | 0.3 |
Expected return on plan assets | (2.6 | ) |  | (2.3 | ) |  | (7.7 | ) |  | (6.8 | ) |  | (0.6 | ) |  | (0.9 | ) |  | (2.0 | ) |  | (2.7 | )
Net postretirement pension expense (benefit) | $ | 1.0 |  |  | $ | 1.0 |  |  | 3.1 |  |  | 2.9 |  |  | $ | 0.2 |  |  | $ | — |  |  | $ | 0.4 |  |  | $ | (0.1 | )
During the nine months ended September 30, 2015 and 2014, the Company contributed $5.5 million and $7.3 million to its U.S. defined benefit plan, respectively, and $1.2 million and $1.0 million to its non-U.S. defined benefit plans, respectively. For the year ended December 31, 2015, the Company expects to contribute up to $7.0 million to the U.S. benefit plan and up to $1.2 million to the non-U.S. benefit plans. During the nine months ended September 30, 2015, the Company repurchased all of the remaining shares of its common stock from its U.S benefit plan for a total cost of $3.6 million. The repurchases were made under the stock repurchase program discussed further in Note 9 – Stockholders’ Equity. At December 31, 2014, total assets of the U.S. benefit plan included 0.2 million of the Company’s common stock shares that were valued at $3.6 million. The value of the shares was determined using quoted market prices (Level 1 input).

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=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