XML 58 R44.htm IDEA: XBRL DOCUMENT v3.10.0.1

Pensions and Other Post-retirement Benefits (Tables)

12 Months Ended

Dec. 31, 2018

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)	2018				2017				2018				2017
Change in Benefit Obligations
Benefit obligations at January 1	$	560,385			$	503,997			$	22,027			$	23,680
Service cost	11,125				11,023				369				403
Interest cost	17,214				18,450				793				882
Participant contributions	97				100				302				264
Plan amendments	—				—				—				(1,694		)
Actuarial (gains) losses	(29,181		)		27,967				7,841				1,465
Benefits paid	(23,724		)		(28,953		)		(2,855		)		(2,973		)
Curtailments	(2,151		)		—				—				—
Settlements	(726		)		(573		)		—				—
Special termination benefits	—				11,384				—				—
Currency translation	(7,519		)		16,990				—				—
Benefit obligations at December 31	525,520				560,385				28,477				22,027
Change in Plan Assets
Fair value of plan assets at January 1	492,677				433,262				—				—
Actual return on plan assets	(26,804		)		81,192				—				—
Employer contributions	4,718				4,094				2,553				2,709
Participant contributions	97				100				302				264
Settlements	(726		)		(573		)		—				—
Benefits paid	(23,724		)		(28,953		)		(2,855		)		(2,973		)
Administrative Expenses Paid	(704		)		(222		)		—				—
Currency translation	(2,422		)		3,777				—				—
Fair value of plan assets at December 31	443,112				492,677				—				—
Funded Status
Funded status at December 31	(82,408		)		(67,708		)		(28,477		)		(22,027		)
Unrecognized transition losses	5				6				—				—
Unrecognized prior service credit	(687		)		(764		)		(1,924		)		(2,328		)
Unrecognized net actuarial losses	178,640				162,032				12,096				5,007
Net amount recognized	95,550				93,566				(18,305		)		(19,348		)
Amounts Recognized in the Balance Sheet
Noncurrent assets	57,568				83,060				—				—
Current liabilities	(5,741		)		(5,126		)		(2,736		)		(1,584		)
Noncurrent liabilities	(134,231		)		(145,642		)		(25,741		)		(20,443		)
Net amount recognized	(82,404		)		(67,708		)		(28,477		)		(22,027		)
Amounts Recognized in Accumulated Other Comprehensive Loss
Net actuarial losses	178,640				162,032				12,096				5,007
Prior service credit	(687		)		(764		)		(1,924		)		(2,328		)
Unrecognized net initial obligation	5				6				—				—
Total (before tax effects)	177,958				161,274				10,172				2,679
Accumulated Benefit Obligations for all Defined Benefit Plans	489,159				525,385				—				—

Components Of Net Periodic Benefit (Credit) Cost

	Pension Benefits												Other Benefits
(In thousands)	2018				2017				2016				2018				2017				2016
Components of Net Periodic Benefit Cost
Service cost	$	11,125			$	11,023			$	10,417			$	369			$	403			$	426
Interest cost	17,214				18,450				18,752				793				882				946
Expected return on plan assets	(36,352		)		(35,417		)		(34,751		)		—				—				—
Amortization of transition amounts	1				2				2				—				—				—
Amortization of prior service credit	(21		)		(19		)		(14		)		(405		)		(307		)		(419		)
Recognized net actuarial losses	13,755				12,955				11,921				752				100				68
Settlement/curtailment loss (credit)	179				148				5				—				(562		)		—
Special termination charge	—				11,384			(b)	—				—				—				—
Net periodic benefit cost(a)	$	5,901			$	18,526			$	6,332			$	1,509			$	516			$	1,021

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 2019 net periodic benefit costs:

(In thousands)	Pension Benefits				Other Benefits
Loss recognition	$	12,521			$	981
Prior service credit recognition	(19		)		(405		)
Transition obligation recognition	2				—

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)	2018				2017
Aggregate accumulated benefit obligations (ABO)	$	159,545			$	169,065
Aggregate projected benefit obligations (PBO)	168,819				182,159
Aggregate fair value of plan assets	28,876				31,471

Schedule Of Assumptions Used To Determine Benefit Obligations And Net Periodic Benefit Cost

	Pension Benefits						Other Benefits
	2018			2017			2018			2017
Assumptions used to determine benefit obligations
Average discount rate	3.79	%		3.34	%		4.21	%		3.57	%
Rate of compensation increase	3.00	%		3.00	%		—			—
Assumptions used to determine net periodic benefit cost
Average discount rate	3.34	%		3.67	%		3.57	%		4.05	%
Expected return on plan assets	7.99	%		8.04	%		—			—
Rate of compensation increase	3.00	%		2.99	%		—			—

Schedule Of Expected Return On Assets For Net Periodic Pension Cost

	Pension Plan Assets at December 31,
	2018			2017
Equity securities	58	%		57	%
Fixed income securities	25			26
Pooled investment funds	11			12
Insurance contracts	4			3
Cash and cash equivalents	2			2
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	$	259,014			$	62,027			$	196,987			$	—			$	—
Fixed income securities	109,876				—				28,312				81,564				—
Pooled investment funds	49,823				49,823				—				—				—
Insurance contracts	17,033				—				—				—				17,033
Cash and cash equivalents	7,366				6,259				1,107				—				—
Total	$	443,112			$	118,109			$	226,406			$	81,564			$	17,033

The fair values of the Company's pension plan assets at December 31, 2017, 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	$	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

Schedule Of Reconciliation Of Level 3 Assets

The following table presents a reconciliation of Level 3 assets:

(In thousands)	Insurance Contracts
Balance January 1, 2017	$	14,948
Net realized and unrealized gains	2,741
Net purchases, issuances and settlements	145
Balance December 31, 2017	17,834
Net realized and unrealized losses	(957		)
Net purchases, issuances and settlements	156
Balance December 31, 2018	$	17,033

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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 3
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=108410482&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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (d)(5)
-URI http://asc.fasb.org/extlink&oid=108410482&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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (s)
-URI http://asc.fasb.org/extlink&oid=108410482&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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (k)
-URI http://asc.fasb.org/extlink&oid=108410482&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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 55
-Paragraph 17
-URI http://asc.fasb.org/extlink&oid=112275985&loc=d3e4179-114921

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=108410482&loc=d3e2439-114920

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=108410482&loc=d3e1928-114920

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=108410482&loc=d3e2410-114920

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=108410482&loc=d3e2417-114920

+ 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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (d)(4)
-URI http://asc.fasb.org/extlink&oid=108410482&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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (h)
-URI http://asc.fasb.org/extlink&oid=108410482&loc=d3e1928-114920

+ Details

Name:	us-gaap_ScheduleOfNetBenefitCostsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration