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Pension, Post-Retirement and Post-Employment Plans (Tables) | 12 Months Ended
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Dec. 31, 2015
Defined Benefit Plan Disclosure [Line Items] |
Schedule of Net Benefit Costs | The components of net periodic benefit cost of the pension, SERP and post-retirement benefit plans were as follows:
|  | Pension & SERP Benefits:
(amounts in millions) |  | For the year ended December 31, 2015 |  | For the year ended December 31, 2014 |  | For the period from inception (April 23, 2013) through December 31, 2013 |  |  | For the ten months ended October 31, 2013
|  | (Successor) |  | (Successor) |  | (Successor) |  |  | (Predecessor)
Net periodic benefit expense: |  | Domestic |  | Foreign |  | Domestic |  | Foreign |  | Domestic |  | Foreign |  |  | Domestic |  | Foreign
Service cost |  | $ | — |  |  | $ | 1.4 |  |  | $ | — |  |  | $ | 0.8 |  |  | $ | 0.7 |  |  | $ | 0.1 |  |  |  | $ | 3.6 |  |  | $ | 0.6 |
Interest cost on the projected benefit obligation |  | 6.8 |  |  | 2.8 |  |  | 6.9 |  |  | 3.0 |  |  | 1.2 |  |  | 0.5 |  |  |  | 5.2 |  |  | 2.5 |
Expected return on plan assets |  | (9.9 | ) |  | (2.7 | ) |  | (9.7 | ) |  | (3.5 | ) |  | (1.6 | ) |  | (0.7 | ) |  |  | (6.6 | ) |  | (4.1 | )
Amortization of prior service cost |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  | 0.1 |  |  | — |
Amortization of net loss |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  | 1.6 |  |  | 0.4 |
Plan curtailments |  | — |  |  | — |  |  | — |  |  | — |  |  | (3.0 | ) |  | — |  |  |  | — |  |  | — |
Net periodic (benefit) cost |  | $ | (3.1 | ) |  | $ | 1.5 |  |  | $ | (2.8 | ) |  | $ | 0.3 |  |  | $ | (2.7 | ) |  | $ | (0.1 | ) |  |  | $ | 3.9 |  |  | $ | (0.6 | )
Schedule of Assumptions Used |
|  | Pension and SERP Benefits
(amounts in millions) |  | December 31, 2015 |  | December 31, 2014
|  | Domestic |  | Foreign |  | Domestic |  | Foreign
Discount rate |  | 4.6 | % |  | 2.8 | % |  | 4.2 | % |  | 2.5 | %
Rate of compensation increase |  | 3.5 | % |  | 3.4 | % |  | 3.5 | % |  | 2.9 | %
|  | Post-retirement Medical Benefits
(amounts in millions) |  | December 31, 2015 |  | December 31, 2014
|  | Domestic |  | Foreign |  | Domestic |  | Foreign
Discount rate |  | 4.4 | % |  | 14.0 | % |  | 4.2 | % |  | 12.5 | %
Changes in Projected Benefit Obligations, Fair Value of Plan Assets, and Funded Status of Plan | The following tables summarize changes in plan assets and funded status of the Company’s pension and SERP plans:
|  | Pension and SERP Benefits
(amounts in millions) |  | For the year ended December 31, 2015 |  | For the year ended December 31, 2014 |  | For the period from inception (April 23, 2013) through December 31, 2013 |  |  | For the ten months ended October 31, 2013
Change in Projected Benefit Obligation: |  | (Successor) |  | (Successor) |  | (Successor) |  |  | (Predecessor)
| Domestic |  | Foreign |  | Domestic |  | Foreign |  | Domestic |  | Foreign |  |  | Domestic |  | Foreign
Beginning of period balance |  | $ | 157.6 |  |  | $ | 88.3 |  |  | $ | 137.4 |  |  | $ | 73.1 |  |  | $ | — |  |  | $ | — |  |  |  | $ | 144.3 |  |  | $ | 75.0 |
Acquisitions |  | 82.6 |  |  | 22.6 |  |  | — |  |  | — |  |  | 142.0 |  |  | 72.9 |  |  |  | — |  |  | — |
Service cost |  | — |  |  | 1.4 |  |  | — |  |  | 0.8 |  |  | 0.7 |  |  | 0.1 |  |  |  | 3.6 |  |  | 0.6 |
Plan amendments |  | — |  |  | 8.9 |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  | — |  |  | — |
Interest cost |  | 6.8 |  |  | 2.8 |  |  | 6.9 |  |  | 3.0 |  |  | 1.2 |  |  | 0.5 |  |  |  | 5.2 |  |  | 2.5 |
Plan curtailment |  | — |  |  | — |  |  | — |  |  | — |  |  | (3.0 | ) |  | 0.2 |  |  |  | — |  |  | — |
Actuarial (gain)/ loss due to assumption change |  | (11.4 | ) |  | 0.3 |  |  | 18.1 |  |  | 20.2 |  |  | (2.8 | ) |  | (0.9 | ) |  |  | (7.1 | ) |  | 1.6 |
Actuarial (gain)/ loss due to plan experience |  | (0.1 | ) |  | 1.1 |  |  | (0.6 | ) |  | 1.6 |  |  | — |  |  | (0.2 | ) |  |  | (0.6 | ) |  | (3.2 | )
Benefits and expenses paid |  | (5.0 | ) |  | (6.6 | ) |  | (4.2 | ) |  | (4.3 | ) |  | (0.7 | ) |  | (0.9 | ) |  |  | (3.4 | ) |  | (2.7 | )
Settlement |  | — |  |  | — |  |  | — |  |  | (0.5 | ) |  | — |  |  | (0.6 | ) |  |  | — |  |  | — |
Translation adjustment |  | — |  |  | (6.1 | ) |  | — |  |  | (5.6 | ) |  | — |  |  | 2.0 |  |  |  | — |  |  | (0.9 | )
End of period balance |  | $ | 230.5 |  |  | $ | 112.7 |  |  | $ | 157.6 |  |  | $ | 88.3 |  |  | $ | 137.4 |  |  | $ | 73.1 |  |  |  | $ | 142.0 |  |  | $ | 72.9 |
|  | Pension and SERP Benefits
(amounts in millions) |  | For the year ended December 31, 2015 |  | For the year ended December 31, 2014 |  | For the period from inception (April 23, 2013) through December 31, 2013 |  |  | For the ten months ended October 31, 2013
Change in Fair Value of Plan Assets: |  | (Successor) |  | (Successor) |  | (Successor) |  |  | (Predecessor)
| Domestic |  | Foreign |  | Domestic |  | Foreign |  | Domestic |  | Foreign |  |  | Domestic |  | Foreign
Beginning of period balance |  | $ | 134.0 |  |  | $ | 94.5 |  |  | $ | 127.0 |  |  | $ | 88.1 |  |  | $ | — |  |  | $ | — |  |  |  | $ | 102.6 |  |  | $ | 79.6 |
Acquisitions |  | 62.5 |  |  | 8.1 |  |  | — |  |  | — |  |  | 123.3 |  |  | 86.8 |  |  |  | — |  |  | — |
Actual return on plan assets, net of expenses |  | (7.0 | ) |  | 3.1 |  |  | 11.2 |  |  | 16.0 |  |  | 4.4 |  |  | (2.5 | ) |  |  | 21.7 |  |  | 7.4 |
Employer contributions |  | — |  |  | 0.5 |  |  | — |  |  | 0.2 |  |  | — |  |  | 2.5 |  |  |  | 2.3 |  |  | 2.7 |
Benefits paid |  | (5.0 | ) |  | (6.6 | ) |  | (4.2 | ) |  | (3.5 | ) |  | (0.7 | ) |  | (0.7 | ) |  |  | (3.3 | ) |  | (2.2 | )
Settlement |  | — |  |  | — |  |  | — |  |  | (0.5 | ) |  | — |  |  | (0.6 | ) |  |  | — |  |  | — |
Translation adjustment |  | — |  |  | (5.9 | ) |  | — |  |  | (5.8 | ) |  | — |  |  | 2.6 |  |  |  | — |  |  | (0.7 | )
End of period balance |  | 184.5 |  |  | 93.7 |  |  | 134.0 |  |  | 94.5 |  |  | 127.0 |  |  | 88.1 |  |  |  | 123.3 |  |  | 86.8 |
Funded status of plan |  | $ | (46.0 | ) |  | $ | (19.0 | ) |  | $ | (23.6 | ) |  | $ | 6.2 |  |  | $ | (10.4 | ) |  | $ | 15.0 |  |  |  | $ | (18.7 | ) |  | $ | 13.9 |
Schedule of Changes in Accumulated Postemployment Benefit Obligations | The following table summarizes changes in the Company’s post-retirement medical benefit obligations:
|  | Post-retirement Medical Benefits
(amounts in millions) |  | For the year ended December 31, 2015 |  | For the year ended December 31, 2014 |  | For the period from inception (April 23, 2013) through December 31, 2013 |  |  | For the ten months ended October 31, 2013
Change in Accumulated Post-retirement Benefit: |  | (Successor) |  | (Successor) |  | (Successor) |  |  | (Predecessor)
| Domestic |  | Foreign |  | Domestic |  | Foreign |  | Domestic |  | Foreign |  |  | Domestic |  | Foreign
Beginning of period balance |  | $ | 7.4 |  |  | $ | 0.3 |  |  | $ | 6.8 |  |  | $ | 0.3 |  |  | $ | — |  |  | $ | — |  |  |  | $ | 6.9 |  |  | $ | 0.4 |
Acquisitions |  | 2.3 |  |  | 1.5 |  |  | — |  |  | — |  |  | 6.7 |  |  | 0.3 |  |  |  | — |  |  | — |
Service cost |  | — |  |  | 0.1 |  |  | 0.1 |  |  | — |  |  | — |  |  | — |  |  |  | — |  |  | — |
Interest cost |  | 0.3 |  |  | 0.2 |  |  | 0.3 |  |  | — |  |  | 0.1 |  |  | — |  |  |  | 0.2 |  |  | — |
Employee contributions |  | 0.2 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  | 0.2 |  |  | — |
Actuarial loss/(gain) due to assumption change |  | (0.5 | ) |  | (0.2 | ) |  | 0.5 |  |  | — |  |  | 0.1 |  |  | — |  |  |  | (0.1 | ) |  | (0.1 | )
Actuarial loss/(gain) due to plan experience |  | 0.3 |  |  | (0.1 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  |  | (0.1 | ) |  | — |
Other |  | — |  |  | (0.3 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  |  | — |  |  | — |
Benefits and expenses paid |  | (0.6 | ) |  | (0.1 | ) |  | (0.3 | ) |  | — |  |  | (0.1 | ) |  | — |  |  |  | (0.5 | ) |  | — |
End of period balance |  | $ | 9.4 |  |  | $ | 1.4 |  |  | $ | 7.4 |  |  | $ | 0.3 |  |  | $ | 6.8 |  |  | $ | 0.3 |  |  |  | $ | 6.6 |  |  | $ | 0.3 |
Schedule of Changes in Fair Value of Plan Assets |
|  | Post-retirement Medical Benefits
(amounts in millions) |  | For the year ended December 31, 2015 |  | For the year ended December 31, 2014 |  | For the period from inception (April 23, 2013) through December 31, 2013 |  |  | For the ten months ended October 31, 2013
Change in Fair Value of Plan Assets: |  | (Successor) |  | (Successor) |  | (Successor) |  |  | (Predecessor)
| Domestic |  | Foreign |  | Domestic |  | Foreign |  | Domestic |  | Foreign |  |  | Domestic |  | Foreign
Beginning of period balance |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  |  | $ | — |  |  | $ | — |
Employer contributions |  | 0.4 |  |  | 0.1 |  |  | 0.3 |  |  | — |  |  | 0.1 |  |  | — |  |  |  | 0.3 |  |  | — |
Employee contributions |  | 0.2 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  | 0.2 |  |  | — |
Benefits paid |  | (0.6 | ) |  | (0.1 | ) |  | (0.3 | ) |  | — |  |  | (0.1 | ) |  | — |  |  |  | (0.5 | ) |  | — |
End of period balance |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  | — |  |  | — |
Funded status of plan |  | $ | (9.4 | ) |  | $ | (1.4 | ) |  | $ | (7.4 | ) |  | $ | (0.3 | ) |  | $ | (6.8 | ) |  | $ | (0.3 | ) |  |  | $ | (6.6 | ) |  | $ | (0.3 | )
Schedule of Amounts Recognized in Balance Sheet | Amounts included in the Consolidated Balance Sheets consist of the following:
(amounts in millions) |  | December 31, 2015 |  | December 31, 2014
Prepaid pension assets |  |  |  |
Foreign pension |  | $ | — |  |  | $ | 10.2 |
Total included in other assets |  | $ | — |  |  | $ | 10.2 |
Other current liabilities |  |  |  |  |  |
Domestic pension |  | $ | 6.7 |  |  | $ | 0.4 |
Foreign pension |  | 0.6 |  |  | — |
Domestic post-retirement medical benefits |  | 0.6 |  |  | — |
Foreign post-retirement medical benefits |  | 0.1 |  |  | — |
Total included in accrued expenses and other current liabilities |  | $ | 8.0 |  |  | $ | 0.4 |
Retirement benefits, less current portion |  |  |  |  |  |
Domestic pension & SERP |  | $ | 39.3 |  |  | $ | 23.2 |
Foreign pensions |  | 18.4 |  |  | 4.0 |
Domestic post-retirement medical benefits |  | 8.8 |  |  | 7.4 |
Foreign post-retirement medical benefits |  | 1.3 |  |  | 0.3 |
Total included in long-term retirement benefits, less current portion |  | $ | 67.8 |  |  | $ | 34.9 |
Schedule of Amounts Recognized in Other Comprehensive Income (Loss) | Amounts recognized in Accumulated Other Comprehensive Income (Loss) consist of the following:
|  | Pension and SERP Benefits
(amounts in millions) |  | For the year ended December 31, 2015 |  | For the year ended December 31, 2014 |  | For the period from inception (April 23, 2013) through December 31, 2013 |  |  | For the ten months ended October 31, 2013
|  | (Successor) |  | (Successor) |  | (Successor) |  |  | (Predecessor)
|  | Domestic |  | Foreign |  | Domestic |  | Foreign |  | Domestic |  | Foreign |  |  | Domestic |  | Foreign
Net actuarial gain (loss) |  | $ | (15.8 | ) |  | $ | (10.5 | ) |  | $ | (10.4 | ) |  | $ | (10.1 | ) |  | $ | 5.7 |  |  | $ | (2.1 | ) |  |  | $ | 10.5 |  |  | $ | 10.8 |
Prior service credits (costs) |  | — |  |  | (8.5 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  |  | 0.6 |  |  | — |
Total |  | $ | (15.8 | ) |  | $ | (19.0 | ) |  | $ | (10.4 | ) |  | $ | (10.1 | ) |  | $ | 5.7 |  |  | $ | (2.1 | ) |  |  | $ | 11.1 |  |  | $ | 10.8 |
|  | Post-retirement Medical Benefits
(amounts in millions) |  | For the year ended December 31, 2015 |  | For the year ended December 31, 2014 |  | For the period from inception (April 23, 2013) through December 31, 2013 |  |  | For the ten months ended October 31, 2013
|  | (Successor) |  | (Successor) |  | (Successor) |  |  | (Predecessor)
|  | Domestic |  | Foreign |  | Domestic |  | Foreign |  | Domestic |  | Foreign |  |  | Domestic |  | Foreign
Net actuarial (loss) gain |  | $ | (0.4 | ) |  | $ | 0.2 |  |  | $ | (0.6 | ) |  | $ | — |  |  | $ | (0.1 | ) |  | $ | — |  |  |  | $ | 0.1 |  |  | $ | (0.1 | )
Prior service (costs) credits |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  | (0.5 | ) |  | 0.3 |
Total |  | $ | (0.4 | ) |  | $ | 0.2 |  |  | $ | (0.6 | ) |  | $ | — |  |  | $ | (0.1 | ) |  | $ | — |  |  |  | $ | (0.4 | ) |  | $ | 0.2 |
Schedule of Allocation of Plan Assets | The fair value of plan assets as of December 31, 2015 were classified in the fair value hierarchy as follows:
|  |  |  | Fair Value Measurements Using
(amounts in millions) |  | December 31, 2015 |  | Quoted prices in active markets (Level 1) |  | Significant other observable inputs (Level 2) |  | Significant unobservable inputs (Level 3)
Asset Category |  |  |  |  |  |  |  |
Domestic equities |  | $ | 26.3 |  |  | $ | 26.3 |  |  | $ | — |  |  | $ | — |
Foreign equities |  | 0.3 |  |  | 0.3 |  |  | — |  |  | — |
Mutual funds holding domestic securities |  | 4.9 |  |  | 4.9 |  |  | — |  |  | — |
U.S. Treasuries |  | 5.0 |  |  | — |  |  | 5.0 |  |  | — |
Mutual funds holding U.S. Treasury Securities |  | 11.9 |  |  | 11.9 |  |  | — |  |  | — |
Mutual funds holding fixed income securities |  | 16.1 |  |  | 16.1 |  |  | — |  |  | — |
Insurance "Buy-In" Policy (b) |  | 77.2 |  |  | — |  |  | — |  |  | 77.2 |
Foreign public bonds |  | 2.9 |  |  | — |  |  | 2.9 |  |  | — |
Corporate bonds |  | 1.5 |  |  | — |  |  | 1.5 |  |  | — |
Designated benefit fund(a) |  | 1.3 |  |  | — |  |  | 1.3 |  |  | — |
Cash and cash equivalents |  | 11.2 |  |  | 11.2 |  |  | — |  |  | — |
Sub-Total |  | 158.6 |  |  | $ | 70.7 |  |  | $ | 10.7 |  |  | $ | 77.2 |
Assets using NAV as a practical expedient |  | 119.6 |  |  |  |  |  |  |
Total |  | $ | 278.2 |  |  |  |  |  |  |
The fair value of plan assets as of December 31, 2014 were classified in the fair value hierarchy as follows:
|  |  |  | Fair Value Measurements Using
(amounts in millions) |  | December 31, 2014 |  | Quoted prices in active markets (Level 1) |  | Significant other observable inputs (Level 2) |  | Significant unobservable inputs (Level 3)
Asset Category |  |  |  |  |  |  |  |
Domestic equities |  | $ | 28.9 |  |  | $ | 28.9 |  |  | $ | — |  |  | $ | — |
Mutual funds holding U.S. Treasury Securities |  | 11.8 |  |  | 11.8 |  |  | — |  |  | — |
Mutual funds holding domestic securities |  | 4.8 |  |  | 4.8 |  |  | — |  |  | — |
Designated benefit fund(a) |  | 1.1 |  |  | — |  |  | 1.1 |  |  | — |
Insurance "Buy-In" Policy (b) |  | 83.2 |  |  | — |  |  | — |  |  | 83.2 |
Cash and cash equivalents |  | 12.4 |  |  | 12.4 |  |  | — |  |  | — |
Sub-Total |  | 142.2 |  |  | $ | 57.9 |  |  | $ | 1.1 |  |  | $ | 83.2 |
Assets using NAV as a practical expedient |  | 86.3 |  |  |  |  |  |  |
Total |  | $ | 228.5 |  |  |  |  |  |  |
(a) | This category includes assets held in a fund with the Bank of Taiwan as prescribed by the Taiwan government in accordance with local statutory rules.
(b) | This category represents assets in the U.K Pension Plan invested in insurance contract with PIC in connection with the “Buy-In” of the U.K Pension Plan.
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation | The following table provides a reconciliation of the beginning and ending balances for the year ended December 31, 2015 for assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3).
(amounts in millions) |  | Insurance "Buy-in" Policy
Fair value measurements using significant unobservable inputs (Level 3) |  | December 31, 2015 |  | December 31, 2014
Beginning balance, January 1, 2015 |  | $ | 83.2 |  |  | $ | — |
Changes in fair value |  | (6.0 | ) |  | — |
Purchases, sales and settlements(1) |  | — |  |  | 83.2 |
Transfers into Level 3 |  | — |  |  | — |
Transfers out of Level 3 |  | — |  |  | — |
Ending balance, December 31, 2015 |  | $ | 77.2 |  |  | $ | 83.2 |
(1) There were no purchases, sales or settlements, on a gross basis, for the year ended December 31, 2015. There were no sales or settlements, on a gross basis, for the year ended December 31, 2014. The following table provides a reconciliation of the beginning and ending balances for the year ended December 31, 2015 for assets measured at fair value on a recurring basis using significant unobservable inputs (Level 3):
(amounts in millions) |  | Long-term contingent consideration
Fair value measurements using significant unobservable inputs (Level 3) |  | December 31, 2015 |  | December 31, 2014
Beginning balance |  | $ | 63.9 |  |  | $ | 34.8 |
Changes in fair value |  | 6.8 |  |  | 29.1 |
Purchases, sales and settlements (1) |  | — |  |  | — |
Transfers into Level 3 |  | — |  |  | — |
Transfers out of Level 3 |  | — |  |  | — |
Ending balance |  | $ | 70.7 |  |  | $ | 63.9 |
(1) There were no purchases, sales or settlements on a gross basis for the years ended December 31, 2015 and 2014.
Schedule of Expected Benefit Payments | As of December 31, 2015, expected future benefit payments related to the Company’s defined benefit plans were as follows:
|  | Pension and SERP Benefits |  | Post-retirement Benefits |  | Total
(amounts in millions) |  | Domestic |  | Foreign |  |
2016 |  | $ | 11.0 |  |  | $ | 5.2 |  |  | $ | 0.7 |  |  | $ | 16.9 |
2017 |  | 11.7 |  |  | 1.4 |  |  | 0.7 |  |  | 13.8 |
2018 |  | 11.5 |  |  | 1.5 |  |  | 0.8 |  |  | 13.8 |
2019 |  | 12.4 |  |  | 1.5 |  |  | 0.7 |  |  | 14.6 |
2020 |  | 12.6 |  |  | 2.0 |  |  | 0.7 |  |  | 15.3 |
Subsequent five years |  | 66.8 |  |  | 9.8 |  |  | 3.6 |  |  | 80.2 |
Total |  | $ | 126.0 |  |  | $ | 21.4 |  |  | $ | 7.2 |  |  | $ | 154.6 |
Other Postretirement Benefit Plan [Member] |
Defined Benefit Plan Disclosure [Line Items] |
Schedule of Net Benefit Costs |
|  | Post-retirement Benefits:
(amounts in millions) |  | For the year ended December 31, 2015 |  | For the year ended December 31, 2014 |  | For the period from inception (April 23, 2013) through December 31, 2013 |  |  | For the ten months ended October 31, 2013
|  | (Successor) |  | (Successor) |  | (Successor) |  |  | (Predecessor)
Net periodic benefit expense: |  | Domestic |  | Foreign |  | Domestic |  | Foreign |  | Domestic |  | Foreign |  |  | Domestic |  | Foreign
Service cost |  | $ | 0.1 |  |  | $ | 0.1 |  |  | $ | 0.1 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  |  | $ | 0.1 |  |  | $ | — |
Interest cost on the projected benefit obligation |  | 0.3 |  |  | 0.1 |  |  | 0.3 |  |  | — |  |  | 0.1 |  |  | — |  |  |  | 0.2 |  |  | — |
Amortization of prior service cost |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  | (0.1 | ) |  | — |
Net periodic cost (benefit) |  | $ | 0.4 |  |  | $ | 0.2 |  |  | $ | 0.4 |  |  | $ | — |  |  | $ | 0.1 |  |  | $ | — |  |  |  | $ | 0.2 |  |  | $ | — |
Schedule of Assumptions Used |
|  | Post-retirement Medical Benefits
(amounts in millions) |  | For the year ended December 31, 2015 |  | For the year ended December 31, 2014 |  | For the period from inception (April 23, 2013) through December 31, 2013 |  |  | For the ten months ended October 31, 2013
|  | (Successor) |  | (Successor) |  | (Successor) |  |  | (Predecessor)
|  | Domestic |  | Foreign |  | Domestic |  | Foreign |  | Domestic |  | Foreign |  |  | Domestic |  | Foreign
Discount rate |  | 4.2 | % |  | 14.5 | % |  | 5.1 | % |  | 12.4 | % |  | 5.0 | % |  | 11.7 | % |  |  | 4.4 | % |  | 10.8 | %
Long-term rate of return on assets |  | N/A |  |  | N/A |  |  | N/A |  |  | N/A |  |  | N/A |  |  | N/A |  |  |  | N/A |  |  | N/A |
Pension Plan [Member] |
Defined Benefit Plan Disclosure [Line Items] |
Schedule of Assumptions Used | The weighted average key assumptions used to determine the net periodic benefit cost of the pension, SERP and post-retirement benefit liabilities are as follows:
|  | Pension and SERP Benefits
(amounts in millions) |  | For the year ended December 31, 2015 |  | For the year ended December 31, 2014 |  | For the period from inception (April 23, 2013) through December 31, 2013 |  |  | For the ten months ended October 31, 2013
|  | (Successor) |  | (Successor) |  | (Successor) |  |  | (Predecessor)
|  | Domestic |  | Foreign |  | Domestic |  | Foreign |  | Domestic |  | Foreign |  |  | Domestic |  | Foreign
Discount rate |  | 4.2 | % |  | 2.5 | % |  | 5.2 | % |  | 4.2 | % |  | 5.1 | % |  | 4.1 | % |  |  | 4.4 | % |  | 4.2 | %
Rate of compensation increase |  | 3.5 | % |  | 2.9 | % |  | 4.0 | % |  | 3.4 | % |  | 4.0 | % |  | 3.3 | % |  |  | 4.0 | % |  | 3.4 | %
Long-term rate of return on assets |  | 7.4 | % |  | 2.5 | % |  | 7.8 | % |  | 4.2 | % |  | 7.8 | % |  | 4.9 | % |  |  | 7.8 | % |  | 6.5 | %

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- Definition Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19279-110258 + Details
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