XML 82 R49.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Employee Benefit Plans (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2017
Retirement Benefits [Abstract] |
Summary of Net Periodic Benefit Cost | The components of net periodic benefit cost consisted of the following:
| Year Ended December 31,
| 2017 |  | 2016 |  | 2015
Service cost | $ | 5 |  |  | $ | 4 |  |  | $ | 5 |
Interest cost | 19 |  |  | 21 |  |  | 22 |
Expected return on plan assets | (30 | ) |  | (27 | ) |  | (31 | )
Amortization of unrecognized amounts | 8 |  |  | 5 |  |  | 5 |
Net periodic benefit cost (a) | $ | 2 |  |  | $ | 3 |  |  | $ | 1 |
__________
(a) | All components of the net periodic benefit cost are recorded within selling, general and administrative expenses.
Summary of Funded Status of Pension Plans | The Company uses a measurement date of December 31 for its pension plans. The funded status of the pension plans were as follows:
| As of December 31,
Change in Benefit Obligation | 2017 |  | 2016
Benefit obligation at end of prior year | $ | 720 |  |  | $ | 656 |
Service cost | 5 |  |  | 4 |
Interest cost | 19 |  |  | 21 |
Actuarial (gain) loss | 15 |  |  | 115 |
Currency translation adjustment | 44 |  |  | (53 | )
Net benefits paid | (24 | ) |  | (23 | )
Benefit obligation at end of current year | $ | 779 |  |  | $ | 720 |
Change in Plan Assets |  |  |
Fair value of assets at end of prior year | $ | 523 |  |  | $ | 527 |
Actual return on plan assets | 59 |  |  | 60 |
Employer contributions | 24 |  |  | 12 |
Currency translation adjustment | 32 |  |  | (53 | )
Net benefits paid | (24 | ) |  | (23 | )
Fair value of assets at end of current year | $ | 614 |  |  | $ | 523 |
Schedule of Net Funded Status [Table Text Block] |
| As of December 31,
Funded Status | 2017 |  | 2016
Classification of net balance sheet assets (liabilities): |  |  |
Non-current assets | $ | 24 |  |  | $ | — |
Current liabilities | (3 | ) |  | (1 | )
Non-current liabilities | (186 | ) |  | (196 | )
Net funded status | $ | (165 | ) |  | $ | (197 | )
Summary of Assumptions Used to Determine Pension Obligations and Pension Costs | The following assumptions were used to determine pension obligations and pension costs for the principal plans in which the Company’s employees participated:
|  | For the Year Ended December 31,
U.S. Pension Benefit Plans | 2017 |  | 2016 |  | 2015
Discount rate: |  |  |  |  |
| Net periodic benefit cost | 3.90 | % |  | 4.40 | % |  | 4.00 | %
| Benefit obligation | 3.50 | % |  | 3.90 | % |  | 4.40 | %
Long-term rate of return on plan assets | 7.00 | % |  | 7.00 | % |  | 7.25 | %
Non-U.S. Pension Benefit Plans |  |  |  |  |
Discount rate: |  |  |  |  |
| Net periodic benefit cost | 2.45 | % |  | 3.45 | % |  | 3.30 | %
| Benefit obligation | 2.55 | % |  | 2.45 | % |  | 3.45 | %
Long-term rate of return on plan assets | 4.70 | % |  | 4.45 | % |  | 4.65 | %
Summary of Defined Benefit Pension Plans' Assets Fair Value | The following table presents the defined benefit pension plans’ assets measured at fair value, as of December 31:
| 2017
Asset Class | Level 1 |  | Level 2 |  | Total
Cash equivalents and short-term investments | $ | 12 |  |  | $ | 29 |  |  | $ | 41 |
U.S. equities | 102 |  |  | 43 |  |  | 145 |
Non-U.S. equities | 50 |  |  | 100 |  |  | 150 |
Real estate | — |  |  | 18 |  |  | 18 |
Government bonds | 7 |  |  | 11 |  |  | 18 |
Corporate bonds | 90 |  |  | 37 |  |  | 127 |
Other assets | 3 |  |  | 112 |  |  | 115 |
Total assets | $ | 264 |  |  | $ | 350 |  |  | $ | 614 |
| 2016
Asset Class | Level 1 |  | Level 2 |  | Total
Cash equivalents and short-term investments | $ | 12 |  |  | $ | 15 |  |  | $ | 27 |
U.S. equities | 87 |  |  | 34 |  |  | 121 |
Non-U.S. equities | 40 |  |  | 70 |  |  | 110 |
Real estate | — |  |  | 15 |  |  | 15 |
Government bonds | 7 |  |  | 70 |  |  | 77 |
Corporate bonds | 82 |  |  | 40 |  |  | 122 |
Other assets | 2 |  |  | 49 |  |  | 51 |
Total assets | $ | 230 |  |  | $ | 293 |  |  | $ | 523 |

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 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 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 the change in the accumulated postemployment benefit obligation from the beginning to the end of the period, showing separately, if applicable, the effects of the following: service cost, interest cost, contributions by plan participants, actuarial gains and losses, foreign currency exchange rate changes, benefits paid, plan amendments, business combinations, divestitures, curtailments, settlements, and special and contractual termination benefits. + 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 (a) -URI http://asc.fasb.org/extlink&oid=82843861&loc=d3e1928-114920 + Details
Name: | us-gaap_ScheduleOfChangesInAccumulatedPostemploymentBenefitObligationsTableTextBlock
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

X
- Definition Tabular disclosure of net funded status of pension plans and/or other employee benefit plans. + 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 (c) -URI http://asc.fasb.org/extlink&oid=82843861&loc=d3e1928-114920 + Details
Name: | us-gaap_ScheduleOfNetFundedStatusTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration