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Pensions and Other Postretirement Benefits (Tables)
 12 Months Ended
Dec. 31, 2014
Compensation and Retirement Disclosure [Abstract]  
Schedule Of Defined Benefit Pension Plans And Other Postretirement Benefits Plan
Information pertaining to defined benefit pension plans and other post-retirement benefits plans is provided in the following table:
 
Pension Benefits
 
Other Benefits
(In thousands)
2014
 
2013
 
2014
 
2013
Change in Benefit Obligations
 
 
 
 
 
 
 
Benefit obligations at January 1
$
440,359

 
$
463,806

 
$
26,732

 
$
30,551

Service cost
9,425

 
11,132

 
538

 
687

Interest cost
19,340

 
17,934

 
1,107

 
1,050

Participant contributions
130

 
136

 
259

 
144

Plan amendments
(302
)
 
(239
)
 
—

 
—

Actuarial losses (gains)
88,069

 
(34,248
)
 
(200
)
 
(4,107
)
Benefits paid
(19,193
)
 
(19,232
)
 
(1,585
)
 
(1,593
)
Settlements
(717
)
 
(1,474
)
 
—

 
—

Currency translation
(17,917
)
 
2,544

 
—

 
—

Benefit obligations at December 31
519,194

 
440,359

 
26,851

 
26,732

Change in Plan Assets
 
 
 
 
 
 
 
Fair value of plan assets at January 1
434,569

 
384,452

 
—

 
—

Actual return on plan assets
30,209

 
67,391

 
—

 
—

Employer contributions
4,077

 
4,053

 
1,326

 
1,449

Participant contributions
130

 
136

 
259

 
144

Settlements
(717
)
 
(1,474
)
 
—

 
—

Benefits paid
(16,507
)
 
(16,316
)
 
(1,585
)
 
(1,593
)
Reimbursement of German benefits
(2,686
)
 
(2,916
)
 
—

 
—

Currency translation
(3,776
)
 
(757
)
 
—

 
—

Fair value of plan assets at December 31
445,299

 
434,569

 
—

 
—

Funded Status
 
 
 
 
 
 
 
Funded status at December 31
(73,895
)
 
(5,790
)
 
(26,851
)
 
(26,732
)
Unrecognized transition losses
16

 
21

 
—

 
—

Unrecognized prior service cost (credit)
10

 
374

 
(1,858
)
 
(2,193
)
Unrecognized net actuarial losses
192,692

 
116,945

 
6,450

 
6,832

Net amount recognized
118,823

 
111,550

 
(22,259
)
 
(22,093
)
Amounts Recognized in the Balance Sheet
 
 
 
 
 
 
 
Noncurrent assets
75,017

 
121,054

 
—

 
—

Current liabilities
(5,380
)
 
(5,518
)
 
(1,457
)
 
(1,695
)
Noncurrent liabilities
(143,532
)
 
(121,326
)
 
(25,394
)
 
(25,037
)
Net amount recognized
(73,895
)
 
(5,790
)
 
(26,851
)
 
(26,732
)
Amounts Recognized in Accumulated Other Comprehensive Loss
 
 
 
 
 
 
 
Net actuarial losses
192,692

 
116,945

 
6,450

 
6,832

Prior service cost (credit)
10

 
374

 
(1,858
)
 
(2,193
)
Unrecognized net initial obligation
16

 
21

 
—

 
—

Total (before tax effects)
192,718

 
117,340

 
4,592

 
4,639

Accumulated Benefit Obligations for all Defined Benefit Plans
479,764

 
403,682

 
—

 
—
Components Of Net Periodic Benefit (Credit) Cost
 
Pension Benefits
 
Other Benefits
(In thousands)
2014
 
2013
 
2012
 
2014
 
2013
 
2012
Components of Net Periodic Benefit Cost
 
 
 
 
 
 
 
 
 
 
 
Service cost
$
9,425

 
$
11,132

 
$
9,511

 
$
538

 
$
687

 
$
694

Interest cost
19,340

 
17,934

 
19,018

 
1,107

 
1,050

 
1,265

Expected return on plan assets
(32,944
)
 
(30,884
)
 
(32,328
)
 
—

 
—

 
—

Amortization of transition amounts
2

 
3

 
2

 
—

 
—

 
—

Amortization of prior service cost (credit)
84

 
102

 
101

 
(335
)
 
(424
)
 
(454
)
Recognized net actuarial losses
8,639

 
13,323

 
6,235

 
182

 
552

 
529

Settlement loss
290

 
658

 
747

 
—

 
—

 
—

Termination benefits
—

 
—

 
387

 
—

 
—

 
—

Net periodic benefit cost
4,836

 
12,268

 
3,673

 
1,492

 
1,865

 
2,034
Schedule Of Amounts Included In Accumulated Other Comprehensive Income Expected To Be Recognized In Net Periodic Benefit Costs
Amounts included in accumulated other comprehensive income expected to be recognized in 2015 net periodic benefit costs.
(In thousands)
Pension Benefits
 
Other Benefits
Loss recognition
$
15,937

 
$
320

Prior service cost (credit) recognition
66

 
(335
)
Transition obligation recognition
2

 
—
Schedule Of Assumptions Used To Determine Benefit Obligations And Net Periodic Benefit Cost
 
Pension Benefits
 
Other Benefits
 
2014
 
2013
 
2014
 
2013
Assumptions used to determine benefit obligations
 
 
 
 
 
 
 
Average discount rate
3.63
%
 
4.54
%
 
3.85
%
 
4.62
%
Rate of compensation increase
3.03
%
 
3.06
%
 
—

 
—

Assumptions used to determine net periodic benefit cost
 
 
 
 
 
 
 
Average discount rate
4.54
%
 
3.96
%
 
4.62
%
 
3.75
%
Expected return on plan assets
8.20
%
 
8.15
%
 
—

 
—

Rate of compensation increase
3.06
%
 
3.81
%
 
—

 
—
Schedule Of Expected Return On Assets For Net Periodic Pension Cost
 
Pension Plan Assets at
December 31,
 
2014
 
2013
Equity securities
65
%
 
71
%
Fixed income securities
26

 
19

Pooled investment funds
5

 
5

Insurance contracts
3

 
3

Cash and cash equivalents
1

 
2

Total
100
%
 
100
%
Summary Of Pension Plan Assets Measured At Fair Value On A Recurring Basis By Fair Value Hierarchy
The following table summarizes our pension plan assets measured at fair value on a recurring basis by fair value hierarchy level (See Note 17):
 
December 31, 2014
(In thousands)
Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1)
 
Significant
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
Total
Fair
Value
Equity securities
$
233,156

 
$
54,614

 
$
248

 
$
288,018

Fixed income securities
41,447

 
72,412

 
505

 
114,364

Pooled investment funds
—

 
22,623

 
—

 
22,623

Insurance contracts
—

 
—

 
15,069

 
15,069

Cash and cash equivalents
5,225

 
—

 
—

 
5,225

Total
279,828

 
149,649

 
15,822

 
445,299

 
December 31, 2013
(In thousands)
Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1)
 
Significant
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
Total
Fair
Value
Equity securities
$
307,486

 
$
—

 
$
428

 
$
307,914

Fixed income securities
36,749

 
47,545

 
—

 
84,294

Pooled investment funds
—

 
22,430

 
—

 
22,430

Insurance contracts
—

 
—

 
13,512

 
13,512

Cash and cash equivalents
6,067

 
—

 
352

 
6,419

Total
350,302

 
69,975

 
14,292

 
434,569
Schedule Of Reconciliation Of Level 3 Assets
The following table presents a reconciliation of Level 3 assets:
(In thousands)
Insurance
Contracts
 
Other
Balance January 1, 2013
$
12,254

 
$
—

Net realized and unrealized gains included in earnings
1,074

 
—

Net purchases, issuances and settlements
173

 
428

Transfers into Level 3
11

 
352

Balance December 31, 2013
13,512

 
780

Net realized and unrealized gains included in earnings
1,345

 
(180
)
Net purchases, issuances and settlements
212

 
505

Transfers out of Level 3
—

 
(352
)
Balance December 31, 2014
15,069

 
753