XML 58 R44.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Pensions and Other Post-retirement Benefits (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2017
Retirement Benefits [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) | 2017 |  | 2016 |  | 2017 |  | 2016
Change in Benefit Obligations |  |  |  |  |  |  |
Benefit obligations at January 1 | $ | 503,997 |  |  | $ | 491,180 |  |  | $ | 23,680 |  |  | $ | 22,974 |
Service cost | 11,023 |  |  | 10,417 |  |  | 403 |  |  | 426 |
Interest cost | 18,450 |  |  | 18,752 |  |  | 882 |  |  | 946 |
Participant contributions | 100 |  |  | 100 |  |  | 264 |  |  | 222 |
Plan amendments | — |  |  | (1,092 | ) |  | (1,694 | ) |  | (400 | )
Actuarial losses | 27,967 |  |  | 9,123 |  |  | 1,465 |  |  | 1,285 |
Benefits paid | (28,953 | ) |  | (19,550 | ) |  | (2,973 | ) |  | (1,773 | )
Curtailments | — |  |  | (163 | ) |  | — |  |  | — |
Settlements | (573 | ) |  | (381 | ) |  | — |  |  | — |
Special termination benefits | 11,384 |  |  | — |  |  | — |  |  | — |
Currency translation | 16,990 |  |  | (4,389 | ) |  | — |  |  | — |
Benefit obligations at December 31 | 560,385 |  |  | 503,997 |  |  | 22,027 |  |  | 23,680 |
Change in Plan Assets |  |  |  |  |  |  |
Fair value of plan assets at January 1 | 433,262 |  |  | 419,088 |  |  | — |  |  | — |
Actual return on plan assets | 81,192 |  |  | 31,418 |  |  | — |  |  | — |
Employer contributions | 4,094 |  |  | 3,878 |  |  | 2,709 |  |  | 1,551 |
Participant contributions | 100 |  |  | 100 |  |  | 264 |  |  | 222 |
Settlements | (573 | ) |  | (381 | ) |  | — |  |  | — |
Benefits paid | (28,953 | ) |  | (19,550 | ) |  | (2,973 | ) |  | (1,773 | )
Administrative Expenses Paid | (222 | ) |  | — |  |  | — |  |  | — |
Currency translation | 3,777 |  |  | (1,291 | ) |  | — |  |  | — |
Fair value of plan assets at December 31 | 492,677 |  |  | 433,262 |  |  | — |  |  | — |
Funded Status |  |  |  |  |  |  |
Funded status at December 31 | (67,708 | ) |  | (70,735 | ) |  | (22,027 | ) |  | (23,680 | )
Unrecognized transition losses | 6 |  |  | 8 |  |  | — |  |  | — |
Unrecognized prior service credit | (764 | ) |  | (646 | ) |  | (2,328 | ) |  | (1,505 | )
Unrecognized net actuarial losses | 162,032 |  |  | 187,738 |  |  | 5,007 |  |  | 3,643 |
Net amount recognized | 93,566 |  |  | 116,365 |  |  | (19,348 | ) |  | (21,542 | )
Amounts Recognized in the Balance Sheet |  |  |  |  |  |  |
Noncurrent assets | 83,060 |  |  | 62,916 |  |  | — |  |  | — |
Current liabilities | (5,126 | ) |  | (4,620 | ) |  | (1,584 | ) |  | (1,638 | )
Noncurrent liabilities | (145,642 | ) |  | (129,031 | ) |  | (20,443 | ) |  | (22,042 | )
Net amount recognized | (67,708 | ) |  | (70,735 | ) |  | (22,027 | ) |  | (23,680 | )
Amounts Recognized in Accumulated Other Comprehensive Loss |  |  |  |  |  |  |
Net actuarial losses | 162,032 |  |  | 187,738 |  |  | 5,007 |  |  | 3,643 |
Prior service credit | (764 | ) |  | (646 | ) |  | (2,328 | ) |  | (1,505 | )
Unrecognized net initial obligation | 6 |  |  | 8 |  |  | — |  |  | — |
Total (before tax effects) | 161,274 |  |  | 187,100 |  |  | 2,679 |  |  | 2,138 |
Accumulated Benefit Obligations for all Defined Benefit Plans | 525,385 |  |  | 465,448 |  |  | — |  |  | — |
Components Of Net Periodic Benefit (Credit) Cost |
| Pension Benefits |  | Other Benefits
(In thousands) | 2017 |  | 2016 |  | 2015 |  | 2017 |  | 2016 |  | 2015
Components of Net Periodic Benefit Cost |  |  |  |  |  |  |  |  |  |  |
Service cost | $ | 11,023 |  |  | $ | 10,417 |  |  | $ | 11,517 |  |  | $ | 403 |  |  | $ | 426 |  |  | $ | 444 |
Interest cost | 18,450 |  |  | 18,752 |  |  | 18,314 |  |  | 882 |  |  | 946 |  |  | 863 |
Expected return on plan assets | (35,417 | ) |  | (34,751 | ) |  | (34,130 | ) |  | — |  |  | — |  |  | — |
Amortization of transition amounts | 2 |  |  | 2 |  |  | 2 |  |  | — |  |  | — |  |  | — |
Amortization of prior service (credit) cost | (19 | ) |  | (14 | ) |  | 66 |  |  | (307 | ) |  | (419 | ) |  | (335 | )
Recognized net actuarial losses | 12,955 |  |  | 11,921 |  |  | 15,545 |  |  | 100 |  |  | 68 |  |  | 27 |
Settlement/curtailment loss (credit) | 148 |  |  | 5 |  |  | 641 |  |  | (562 | ) |  | — |  |  | — |
Special termination charge | 11,384 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Net periodic benefit cost | $ | 18,526 |  |  | $ | 6,332 |  |  | $ | 11,955 |  |  | $ | 516 |  |  | $ | 1,021 |  |  | $ | 999 |
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 2018 net periodic benefit costs.
(In thousands) | Pension Benefits |  | Other Benefits
Loss recognition | $ | 12,971 |  |  | $ | 305 |
Prior service credit recognition | (23 | ) |  | (405 | )
Transition obligation recognition | 1 |  |  | — |
Schedule of Accumulated Benefit Obligations in Excess of Fair Value of Plan Assets [Table Text Block] | Information for pension plans with an accumulated benefit obligation in excess of plan assets.
(In thousands) | 2017 |  | 2016
Aggregate accumulated benefit obligations (ABO) | $ | 169,065 |  |  | $ | 147,531 |
Aggregate projected benefit obligations (PBO) | 182,159 |  |  | 160,543 |
Aggregate fair value of plan assets | 31,471 |  |  | 26,986 |
Schedule Of Assumptions Used To Determine Benefit Obligations And Net Periodic Benefit Cost |
| Pension Benefits |  | Other Benefits
| 2017 |  | 2016 |  | 2017 |  | 2016
Assumptions used to determine benefit obligations |  |  |  |  |  |  |
Average discount rate | 3.34 | % |  | 3.67 | % |  | 3.57 | % |  | 4.05 | %
Rate of compensation increase | 3.00 | % |  | 2.99 | % |  | — |  |  | — |
Assumptions used to determine net periodic benefit cost |  |  |  |  |  |  |
Average discount rate | 3.67 | % |  | 3.92 | % |  | 4.05 | % |  | 4.20 | %
Expected return on plan assets | 8.04 | % |  | 8.18 | % |  | — |  |  | — |
Rate of compensation increase | 2.99 | % |  | 3.06 | % |  | — |  |  | — |
Schedule Of Expected Return On Assets For Net Periodic Pension Cost |
| Pension Plan Assets at December 31,
| 2017 |  | 2016
Equity securities | 57 | % |  | 70 | %
Fixed income securities | 26 |  |  | 20 |
Pooled investment funds | 12 |  |  | 5 |
Insurance contracts | 3 |  |  | 4 |
Cash and cash equivalents | 2 |  |  | 1 |
Total | 100 | % |  | 100 | %
Summary Of Pension Plan Assets Measured At Fair Value On A Recurring Basis By Fair Value Hierarchy |
|  |  |  |  | Fair Value
(In thousands) | Total |  | NAV |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  | Significant Observable Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3)
Equity securities | $ | 278,606 |  |  | $ | 64,840 |  |  | $ | 213,766 |  |  | $ | — |  |  | $ | — |
Fixed income securities | 127,128 |  |  | — |  |  | 40,778 |  |  | 86,350 |  |  | — |
Pooled investment funds | 60,014 |  |  | 60,014 |  |  | — |  |  | — |  |  | — |
Insurance contracts | 17,834 |  |  | — |  |  | — |  |  | — |  |  | 17,834 |
Cash and cash equivalents | 9,095 |  |  | 7,974 |  |  | 1,121 |  |  | — |  |  | — |
Total | $ | 492,677 |  |  | $ | 132,828 |  |  | $ | 255,665 |  |  | $ | 86,350 |  |  | $ | 17,834 |
The fair values of the Company's pension plan assets at December 31, 2016 were as follows:
|  |  |  |  | Fair Value
(In thousands) | Total |  | NAV |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  | Significant Observable Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3)
Equity securities | $ | 304,460 |  |  | $ | 62,094 |  |  | $ | 242,161 |  |  | $ | 205 |  |  | $ | — |
Fixed income securities | 87,776 |  |  | — |  |  | 25,109 |  |  | 62,667 |  |  | — |
Pooled investment funds | 20,156 |  |  | 20,156 |  |  | — |  |  | — |  |  | — |
Insurance contracts | 14,948 |  |  | — |  |  | — |  |  | — |  |  | 14,948 |
Cash and cash equivalents | 5,922 |  |  | 5,231 |  |  | 691 |  |  | — |  |  | — |
Total | $ | 433,262 |  |  | $ | 87,481 |  |  | $ | 267,961 |  |  | $ | 62,872 |  |  | $ | 14,948 |
Schedule Of Reconciliation Of Level 3 Assets | The following table presents a reconciliation of Level 3 assets:
(In thousands) | Insurance Contracts
Balance January 1, 2016 | $ | 13,681 |
Net realized and unrealized gains included in earnings | 975 |
Net purchases, issuances and settlements | 292 |
Balance December 31, 2016 | 14,948 |
Net realized and unrealized gains included in earnings | 2,741 |
Net purchases, issuances and settlements | 145 |
Balance December 31, 2017 | $ | 17,834 |

X
- Definition Schedule Of Expected Return On Assets For Net Periodic Pension Cost [Table Text Block] + References No definition available. + Details
Name: | msa_ScheduleOfExpectedReturnOnAssetsForNetPeriodicPensionCostTableTextBlock
Namespace Prefix: | msa_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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 Tabular disclosure of accumulated benefit obligations and fair values of plan assets of pension plans and/or other employee benefit plans where the accumulated benefit obligation exceeds the fair value of plan assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=82843861&loc=d3e2417-114920 + Details
Name: | us-gaap_ScheduleOfAccumulatedBenefitObligationsInExcessOfFairValueOfPlanAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the major categories of plan assets of pension plans and/or other employee benefit plans. This information may include, but is not limited to, the target allocation of plan assets, the fair value of each major category of plan assets, and the level within the fair value hierarchy in which the fair value measurements fall. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (d)(5) -URI http://asc.fasb.org/extlink&oid=82843861&loc=d3e1928-114920 + Details
Name: | us-gaap_ScheduleOfAllocationOfPlanAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amounts related to pension plans and/or other employee benefit plans in accumulated other comprehensive income (loss) expected to be recognized as components of net periodic benefit cost over the next fiscal year, including the net gain (loss), net prior service cost or credit, and net transition asset or obligation. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (s) -URI http://asc.fasb.org/extlink&oid=82843861&loc=d3e1928-114920 + Details
Name: | us-gaap_ScheduleOfAmountsInAccumulatedOtherComprehensiveIncomeLossToBeRecognizedOverNextFiscalYearTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the assumptions used to determine for pension plans and/or other employee benefit plans the benefit obligation and net benefit cost, including assumed discount rates, rate increase in compensation increase, and expected long-term rates of return on plan assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (k) -URI http://asc.fasb.org/extlink&oid=82843861&loc=d3e1928-114920 + Details
Name: | us-gaap_ScheduleOfAssumptionsUsedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of one or more of the entity's defined benefit pension plans or one or more other defined benefit postretirement plans, separately for pension plans and other postretirement benefit plans including the entity's schedule of fair value of plan assets for defined benefit or other postretirement plans. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=82843861&loc=d3e2439-114920 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=82843861&loc=d3e2417-114920 Reference 3: 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=82843861&loc=d3e2410-114920 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 55 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=77993564&loc=d3e4179-114921 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=82843861&loc=d3e1928-114920 + Details
Name: | us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the effect of fair value measurements using significant unobservable inputs (Level 3) on changes in plan assets of pension plans and/or other employee benefit plans for the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (d)(4) -URI http://asc.fasb.org/extlink&oid=82843861&loc=d3e1928-114920 + Details
Name: | us-gaap_ScheduleOfEffectOfSignificantUnobservableInputsChangesInPlanAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (h) -URI http://asc.fasb.org/extlink&oid=82843861&loc=d3e1928-114920 + Details
Name: | us-gaap_ScheduleOfNetBenefitCostsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration