XML 34 R23.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Pensions and Other Post-retirement Benefits | 3 Months Ended
--- | ---
Mar. 31, 2017
Compensation and Retirement Disclosure [Abstract] |
Pensions and Other Post-retirement Benefits | Pensions and Other Post-retirement Benefits Components of net periodic benefit cost consisted of the following:
|  | Pension Benefits |  | Other Benefits
(In thousands) |  | 2017 |  | 2016 |  | 2017 |  | 2016
Three Months Ended March 31, |  |  |  |  |  |  |  |
Service cost |  | $ | 2,721 |  |  | $ | 2,634 |  |  | $ | 106 |  |  | $ | 106 |
Interest cost |  | 4,572 |  |  | 4,702 |  |  | 237 |  |  | 237 |
Expected return on plan assets |  | (8,738 | ) |  | (8,682 | ) |  | — |  |  | — |
Amortization of prior service cost |  | (4 | ) |  | 15 |  |  | (105 | ) |  | (105 | )
Recognized net actuarial losses |  | 3,184 |  |  | 3,009 |  |  | 17 |  |  | 17 |
Settlements |  | 34 |  |  | 20 |  |  | — |  |  | — |
Net periodic benefit cost, excluding below |  | 1,769 |  |  | 1,698 |  |  | 255 |  |  | 255 |
Special termination charge |  | 11,384 |  | (a) | — |  |  | — |  |  | — |
Net periodic benefit cost |  | 13,153 |  |  | 1,698 |  |  | 255 |  |  | 255 |
(a) Represents the charge for special termination benefits related to the VRIP which were paid from our over funded North America pension plan and recorded as restructuring charges on the condensed consolidated statement of income. See further details in Note 4. We made contributions of $1.5 million and $1.6 million to our pension plans during the three months ended March 31, 2017 and 2016, respectively. We expect to make total contributions of approximately $5.9 million to our pension plans in 2017 which are primarily associated with our International segment.

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