XML 49 R17.htm IDEA: XBRL DOCUMENT v3.3.0.814
Retirement Benefit Plans
9 Months Ended
Sep. 30, 2015
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract]  
Retirement Benefit Plans
Retirement Benefit Plans
Our defined benefit pension plans and postretirement medical plan are described in Note 11 of our annual report on Form 10-K for the year ended December 31, 2014. We have contributed $77 and $236 during the third quarter of 2015 and $279 and $820 during the first nine months of 2015 to our pension plans and to our postretirement medical plan, respectively.
The components of the net periodic cost (benefit) for the three and nine months ended September 30, 2015 and 2014 were as follows:
 
 
Three Months Ended
 
 
September 30
 
 
Pension Benefits
 
Postretirement
 
 
U.S. Plans
 
Non-U.S. Plans
 
Medical Benefits
 
 
2015
 
2014
 
2015
 
2014
 
2015
 
2014
Service cost
 
$
120

 
$
123

 
$
36

 
$
38

 
$
24

 
$
32

Interest cost
 
428

 
491

 
125

 
133

 
98

 
124

Expected return on plan assets
 
(653
)
 
(670
)
 
(148
)
 
(131
)
 

 

Amortization of net actuarial loss (gain)
 
209

 
37

 

 

 

 
(2
)
Amortization of prior service cost (benefit)
 
10

 
11

 
67

 
46

 

 

Foreign currency
 

 

 
8

 
98

 

 

Net periodic cost (benefit)
 
$
114

 
$
(8
)
 
$
88

 
$
184

 
$
122

 
$
154

 
 
Nine Months Ended
 
 
September 30
 
 
Pension Benefits
 
Postretirement
 
 
U.S. Plans
 
Non-U.S. Plans
 
Medical Benefits
 
 
2015
 
2014
 
2015
 
2014
 
2015
 
2014
Service cost
 
$
360

 
$
370

 
$
108

 
$
114

 
$
72

 
$
96

Interest cost
 
1,283

 
1,473

 
373

 
399

 
294

 
373

Expected return on plan assets
 
(1,960
)
 
(2,012
)
 
(438
)
 
(391
)
 

 

Amortization of net actuarial loss
 
627

 
111

 

 

 

 

Amortization of prior service cost (benefit)
 
31

 
32

 
197

 
139

 

 
(5
)
Foreign currency
 

 

 
43

 
114

 

 

Net periodic cost (benefit)
 
$
341

 
$
(26
)
 
$
283

 
$
375

 
$
366

 
$
464