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Pensions, Other Post-employment Benefits and Employee Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2016
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Net Periodic Benefit Costs
Components of net periodic benefit cost (credit) for the years ended December 31, 2016, 2015 and 2014 are as follows:
 
Pension Benefits
 
Other Post-Employment Benefits
 
Year Ended December 31,
 
Year Ended December 31,
 
2016
 
2015
 
2014
 
2016
 
2015
 
2014
 
(in millions)
Service cost
$
18

 
$
19

 
$
16

 
$

 
$

 
$

Interest cost
70

 
66

 
76

 
14

 
13

 
15

Expected return on plan assets
(59
)
 
(71
)
 
(74
)
 

 

 

Amortization of actuarial losses
22

 
26

 
10

 
2

 
5

 
3

Amortization of prior service credit

 

 

 
(4
)
 
(4
)
 
(5
)
Settlement (gain) loss

 

 
(2
)
 

 

 

Curtailment gain

 
(2
)
 

 

 

 

 
$
51

 
$
38

 
$
26

 
$
12

 
$
14

 
$
13

Automotive Segment  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Defined Benefit Plans Disclosures [Table Text Block]
The following provides disclosures for our Automotive segment's benefit obligations, plan assets, funded status, recognition in the consolidated balance sheets and inputs and valuation assumptions:
 
Pension Benefits
 
Other
Post-Employment Benefits
 
United States Plans
 
Non-U.S. Plans
 
 
2016
 
2015
 
2016
 
2015
 
2016
 
2015
 
(in millions)
Change in benefit obligation:
 
 
 
 
 
 
 
 
 
 
 
Benefit obligation, beginning of year
$
1,221

 
$
1,291

 
$
487

 
$
575

 
$
323

 
$
368

Service cost
3

 
3

 
14

 
16

 

 

Interest cost
49

 
48

 
13

 
10

 
14

 
13

Benefits paid
(98
)
 
(89
)
 
(21
)
 
(24
)
 
(24
)
 
(23
)
Medicare subsidies received

 

 

 

 
2

 
3

Curtailments

 

 
(1
)
 
(3
)
 

 

Settlements

 

 
(4
)
 

 

 

Actuarial losses (gains) and changes in actuarial assumptions
(8
)
 
(32
)
 
39

 
(75
)
 
(21
)
 
(35
)
Net transfers in (out)

 

 

 
45

 

 

Currency translation

 

 
(17
)
 
(57
)
 
1

 
(3
)
Benefit obligation, end of year
1,167

 
1,221

 
510

 
487

 
295

 
323

 
 
 
 
 
 
 
 
 
 
 
 
Change in plan assets:
 
 
 
 
 
 
 
 
 
 
 
Fair value of plan assets, beginning of year
870

 
912

 
57

 
54

 

 

Actual return on plan assets
45

 
(27
)
 
3

 
2

 

 

Settlements

 

 
(4
)
 

 

 

Company contributions
39

 
74

 
30

 
30

 
22

 
20

Benefits paid
(98
)
 
(89
)
 
(21
)
 
(24
)
 
(24
)
 
(23
)
Acquisitions

 

 
1

 

 

 

Medicare subsidies received

 

 

 

 
2

 
3

Currency translation

 

 
(3
)
 
(5
)
 

 

Fair value of plan assets, end of year
856

 
870

 
63

 
57

 

 

Funded status of the plan
$
(311
)
 
$
(351
)
 
$
(447
)
 
$
(430
)
 
$
(295
)
 
$
(323
)
 
 
 
 
 
 
 
 
 
 
 
 
Amounts recognized in the consolidated balance sheets:
 
 
 
 
 
 
 
 
 
 
 
Net liability recognized
$
(311
)
 
$
(351
)
 
$
(447
)
 
$
(430
)
 
$
(295
)
 
$
(323
)
 
 
 
 
 
 
 
 
 
 
 
 
Amounts recognized in accumulated other comprehensive loss, inclusive of tax impacts:
 
 
 
 
 
 
 
 
 
 
 
Net actuarial loss
$
435

 
$
452

 
$
93

 
$
72

 
$
34

 
$
56

Prior service cost (credit)

 

 
1

 
1

 
6

 
(10
)
Total
$
435

 
$
452

 
$
94

 
$
73

 
$
40

 
$
46

Schedule of Assumptions Used [Table Text Block]
Weighted-average assumptions used to determine the benefit obligation as of December 31, 2016, 2015 and 2014:
 
Pension Benefits
 
Other
Post-Employment Benefits
 
United States Plans
 
Non-U.S. Plans
 
 
December 31,
 
December 31,
 
2016
 
2015
 
2014
 
2016
 
2015
 
2014
 
2016
 
2015
 
2014
 
(in millions)
Discount rate
3.90
%
 
4.15
%
 
3.85
%
 
2.03
%
 
2.72
%
 
1.77
%
 
3.98
%
 
4.18
%
 
3.84
%
Rate of compensation increase
n/a

 
n/a

 
n/a

 
2.96
%
 
3.19
%
 
3.16
%
 
n/a

 
n/a

 
n/a


Weighted-average assumptions used to determine net periodic benefit cost (credit) for the years ended December 31, 2016, 2015 and 2014:
 
Pension Benefits
 
Other
Post-Employment Benefits
 
United States Plans
 
Non-U.S. Plans
 
 
Year Ended December 31,
 
Year Ended December 31,
 
2016
 
2015
 
2014
 
2016
 
2015
 
2014
 
2016
 
2015
 
2014
 
(in millions)
 
 
Discount rate
4.15
%
 
3.85
%
 
4.55
%
 
2.72
%
 
1.77
%
 
3.49
%
 
4.18
%
 
3.84
%
 
4.45
%
Expected return on plan assets
5.65
%
 
6.55
%
 
6.95
%
 
3.22
%
 
3.52
%
 
4.18
%
 
n/a

 
n/a

 
n/a

Rate of compensation increase
n/a

 
n/a

 
n/a

 
3.19
%
 
3.16
%
 
3.17
%
 
n/a

 
n/a

 
n/a

Schedule of projected benefit obligation in excess of plan assets [Table Text Block]
Information for defined benefit plans with projected benefit obligations in excess of plan assets:
 
Pension Benefits
 
Other
Post-Employment Benefits
 
United States Plans
 
Non-U.S. Plans
 
 
December 31,
 
December 31,
 
2016
 
2015
 
2016
 
2015
 
2016
 
2015
 
(in millions)
Projected benefit obligation
$
1,167

 
$
1,221

 
$
509

 
$
486

 
$
295

 
$
323

Fair value of plan assets
856

 
870

 
62

 
56

 

 

Schedule of Accumulated Benefit Obligations in Excess of Fair Value of Plan Assets [Table Text Block]
Information for pension plans with accumulated benefit obligations in excess of plan assets:
 
Pension Benefits
 
United States Plans
 
Non-U.S. Plans
 
December 31,
 
2016
 
2015
 
2016
 
2015
 
(in millions)
Projected benefit obligation
$
1,167

 
$
1,221

 
$
494

 
$
482

Accumulated benefit obligation
1,167

 
1,221

 
459

 
445

Fair value of plan assets
856

 
870

 
50

 
53

Schedule of Health Care Cost Trend Rates [Table Text Block]
The assumed health care and drug cost trend rates used to measure next year's post-employment healthcare benefits are as follows:
 
Other Post-Employment Benefits
 
2016
 
2015
Initial health care cost trend rate
6.69%
 
6.97%
Ultimate health care cost trend rate
5.00%
 
5.00%
Year ultimate health care cost trend rate reached
2022
 
2022
Schedule of Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates [Table Text Block]
The assumed health care cost trend rate has a significant impact on the amounts reported for OPEB plans. The following table illustrates the sensitivity to a change in the assumed health care cost trend rate:
 
Total Service and
Interest Cost
 
APBO
 
(in millions)
100 basis point (“bp”) increase in health care cost trend rate
$
1

 
$
24

100 bp decrease in health care cost trend rate
(1
)
 
(21
)
Schedule of Expected Benefit Payments [Table Text Block]
Federal-Mogul's projected benefit payments from the plans are estimated as follows:
 
 
Pension Benefits
 
Other Post-Employment Benefits
Years
 
United States Plans
 
Non-U.S. Plans
 
 
 
(in millions)
2017
 
$
84

 
$
22

 
$
23

2018
 
84

 
22

 
23

2019
 
86

 
24

 
23

2020
 
87

 
24

 
23

2021
 
86

 
24

 
22

2022-2026
 
387

 
131

 
101

Railcar and Food Packaging  
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Defined Benefit Plans Disclosures [Table Text Block]
The following table provides disclosures for ARI's and Viskase's benefit obligations, plan assets, funded status, and recognition in the consolidated balance sheets. As pension costs for ARI and Viskase are not material to our consolidated financial position and results of operations, we do not provide information regarding their inputs and valuation assumptions.
 
Pension Benefits
 
2016
 
2015
 
(in millions)
Change in benefit obligation:
 
 
 
Benefit obligation, beginning of year
$
191

 
$
203

Service cost
1

 
1

Interest cost
8

 
8

Benefits paid
(15
)
 
(10
)
Actuarial gain (loss)
4

 
(9
)
Curtailment gain

 
(1
)
Currency translation

 
(1
)
Benefit obligation, end of year
189

 
191

Change in plan assets:
 
 
 
Fair value of plan assets, beginning of year
133

 
144

Actual return on plan assets
8

 
(3
)
Company contributions

 
2

Currency translation

 

Benefits paid
(15
)
 
(10
)
Fair value of plan assets, end of year
126

 
133

Funded status of the plan
$
(63
)
 
$
(58
)
Amounts recognized in the consolidated balance sheets:
 
 
 
Net liability recognized
$
(63
)
 
$
(58
)
Amounts recognized in accumulated other comprehensive loss, inclusive of tax impacts:
 
 
 
Net actuarial loss
$
(63
)
 
$
(58
)
Total
$
(63
)
 
$
(58
)