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Savings, Pension and Other Postretirement Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2013

Compensation and Retirement Disclosure [Abstract]

Changes in Benefit Obligation, Plan Assets and Funded Status for Company-Sponsored Benefit Plans

The changes in benefit obligation, plan assets and funded status for company-sponsored benefit plans as of December 31 are as follows:

		Pension Benefit Plans								Other Postretirement Employee Benefit Plans
(In thousands)		2013				2012				2013				2012
Benefit obligation at beginning of year		$	333,257			$	307,658			$	134,618			$	136,710
Service cost		1,738				2,485				552				693
Interest cost		13,375				14,693				4,730				5,815
Plan changes		—				—				5,106				(5,278		)
Actuarial (gains) losses		(36,859		)		30,612				(30,322		)		3,151
Medicare Part D subsidies received		—				—				308				569
Benefits paid		(18,123		)		(22,191		)		(7,665		)		(7,042		)
Benefit obligation at end of year		293,388				333,257				107,327				134,618
Fair value of plan assets at beginning of year		254,556				218,557				19				18
Actual return on plan assets		34,779				37,308				1				1
Employer contribution		15,386				20,882				—				—
Benefits paid		(18,123		)		(22,191		)		—				—
Fair value of plan assets at end of year		286,598				254,556				20				19
Funded status at end of year		$	(6,790	)		$	(78,701	)		$	(107,307	)		$	(134,599	)

Schedule of Amounts Recognized in Balance Sheet

Amounts recognized in the Consolidated Balance Sheets:

		Pension Benefit Plans								Other Postretirement Employee Benefit Plans
(In thousands)		2013				2012				2013				2012
Noncurrent asset		4,488				—				—				—
Current liabilities		$	(364	)		$	(281	)		$	(8,414	)		$	(8,856	)
Noncurrent liabilities		(10,914		)		(78,420		)		(98,893		)		(125,743		)
Net amount recognized		$	(6,790	)		$	(78,701	)		$	(107,307	)		$	(134,599	)

Amounts Recognized (Pre-tax) in Accumulated Other Comprehensive Loss

Amounts recognized (pre-tax) in Accumulated Other Comprehensive Loss as of December 31 consist of:

		Pension Benefit Plans								Other Postretirement Employee Benefit Plans
(In thousands)		2013				2012				2013				2012
Net loss (gain)		$	109,218			$	177,343			$	(5,915	)		$	24,408
Prior service cost (credit)		308				1,414				(896		)		(6,504		)
Net amount recognized		$	109,526			$	178,757			$	(6,811	)		$	17,904

Certain Pension Plans with Accumulated Benefit Obligations in Excess of Plan Assets

Information as of December 31 for certain pension plans included above with accumulated benefit obligations in excess of plan assets were as follows:

(In thousands)		2013				2012
Projected benefit obligation		$	293,388			$	333,257
Accumulated benefit obligation		293,388				333,257
Fair value of plan assets		286,598				254,556

Pre-tax Components of Net Periodic Cost

Pre-tax components of Net Periodic Cost and other amounts recognized in Other Comprehensive Income (Loss) for the years ended December 31 were as follows:

Net Periodic Cost (Benefit):

		Pension Benefit Plans												Other Postretirement Employee Benefit Plans
(In thousands)		2013				2012				2011				2013				2012				2011
Service cost		$	1,738			$	2,485			$	7,725			$	552			$	693			$	702
Interest cost		13,375				14,693				15,092				4,730				5,815				6,857
Expected return on plan assets		(18,352		)		(19,685		)		(19,532		)		—				—				—
Amortization of prior service cost (credit)		337				634				1,193				(502		)		(2,680		)		(1,795		)
Amortization of actuarial loss		14,840				12,085				8,382				—				—				—
Curtailments		769				477				2,776				—				—				—
Net periodic cost		$	12,707			$	10,689			$	15,636			$	4,780			$	3,828			$	5,764

Other Amounts Recognized in Other Comprehensive Income (Loss)

Other amounts recognized in Other Comprehensive Income (Loss):

		Pension Benefit Plans												Other Postretirement Employee Benefit Plans
(In thousands)		2013				2012				2011				2013				2012				2011
Net (gain) loss		$	(53,285	)		$	12,989			$	43,207			$	(30,323	)		$	3,150			$	(5,435	)
Curtailments		(769		)		(477		)		(2,776		)		—				—				—
Prior service cost (credit)		—				—				—				5,106				(5,278		)		—
Amortization of prior service (cost) credit		(337		)		(634		)		(1,193		)		502				2,680				1,795
Amortization of actuarial loss		(14,840		)		(12,085		)		(8,382		)		—				—				—
Total recognized in other comprehensive (income) loss		$	(69,231	)		$	(207	)		$	30,856			$	(24,715	)		$	552			$	(3,640	)
Total recognized in net periodic cost and   other comprehensive (income) loss		$	(56,524	)		$	10,482			$	46,492			$	(19,935	)		$	4,380			$	2,124

Weighted Average Assumptions Used to Determine Benefit Obligation

Weighted average assumptions used to determine the net periodic cost (benefit) for the years ended December 31 were:

		Pension Benefit Plans									Other Postretirement Employee Benefit Plans
		2013			2012			2011			2013			2012			2011
Discount rate		4.15	%		4.90	%		5.70	%		4.05	%		4.95	%		5.60	%
Expected return on plan assets		7.50			8.00			8.00			—			—			—
Rate of salaried compensation increase		—			—			4.00			—			—			—

Weighted average assumptions used to determine the benefit obligation as of December 31 were:

		Pension Benefit Plans									Other Postretirement Employee Benefit Plans
		2013			2012			2011			2013			2012			2011
Discount rate		5.20	%		4.15	%		4.90	%		5.05	%		4.05	%		4.95	%

One Percentage Point Change in Health Care Cost Trend Rates

A one percentage point change in the health care cost trend rates would have the following effects:

(In thousands)		1% Increase				1% Decrease
Effect on total of service and interest cost components		$	521			$	(438	)
Effect on postretirement employee benefit obligation		9,304				(7,997		)

Investments at Fair Value for Company Sponsored Pension Benefit Plans within Fair Value Hierarchy

The following tables set forth by level, within the fair value hierarchy, the investments at fair value for our company-sponsored pension benefit plans:

		December 31, 2013
(In thousands)		Level 1				Level 2				Level 3				Total
Cash and cash equivalents		$	4,314			$	—			$	—			$	4,314
Common and collective trusts:
International small cap		—				15,845				—				15,845
Global/International equity		—				21,198				—				21,198
International equity emerging markets		—				17,809				—				17,809
Common stocks:
Industrials		9,307				—				—				9,307
Energy		2,663				—				—				2,663
Consumer		8,002				—				—				8,002
Healthcare		6,013				—				—				6,013
Finance		11,566				—				—				11,566
Utilities		1,711				—				—				1,711
Information technology		8,785				—				—				8,785
Foreign		6,175				—				—				6,175
Mutual funds:
Foreign large blend		18,492				—				—				18,492
Long-term bond fund		137,031				—				—				137,031
Mid-cap growth fund		18,009				—				—				18,009
Subtotal		$	232,068			$	54,852			$	—			$	286,920
Payable held under securities lending agreement														(322		)
Total investments at fair value														$	286,598

		December 31, 2012
(In thousands)		Level 1				Level 2				Level 3				Total
Cash and cash equivalents		$	3,786			$	—			$	—			$	3,786
Common and collective trusts:
International small cap		—				12,725				—				12,725
Global/International equity		—				16,656				—				16,656
Domestic equity – small/mid cap		—				17,339				—				17,339
International equity emerging markets		—				17,672				—				17,672
Common stocks:
Industrials		9,475				—				—				9,475
Energy		1,966				—				—				1,966
Consumer		8,270				—				—				8,270
Healthcare		7,386				—				—				7,386
Finance		13,000				—				—				13,000
Utilities		2,305				—				—				2,305
Information technology		6,828				—				—				6,828
Foreign		6,078				—				—				6,078
Mutual funds:
Foreign large blend		18,907				—				—				18,907
Long-term bond fund		114,557				—				—				114,557
Corporate debt securities		—				1,073				—				1,073
Subtotal		$	192,558			$	65,465			$	—			$	258,023
Payable held under securities lending agreement														(3,467		)
Total investments at fair value														$	254,556

Long Term Asset Allocation Ranges

Assets are diversified among various asset classes, such as domestic equities, international equities, fixed income and cash. The long-term asset allocation ranges are as follows:

Domestic equities			19%-31%
International equities, including emerging markets			16%-34%
Corporate bonds			40%-60%
Liquid reserves			0%-1%

Schedule of Expected Benefit Payments

Estimated future benefit payments, which reflect expected future service and expected Medicare prescription subsidy receipts, are as follows for the years indicated:

(In thousands)		Pension Benefit Plans				Other Postretirement Employee Benefit Plans				Expected Medicare Subsidy
2014		$	17,837			$	8,744			$	310
2015		18,361				8,947				313
2016		18,942				9,268				315
2017		19,486				9,190				313
2018		19,932				9,229				309
2019-2023		103,091				39,664				1,436

Multiemployer Defined Benefit Plans

Pension Fund		EIN		Plan Number		PPA Zone Status				FIP/RP Status Pending/ Implemented		Contributions (in thousands)												Surcharge Imposed		Expiration Date of Collective Bargaining Agreement
						2013		2012				2013				2012				2011
IAM		51-6031295		002		Green		Green		N/A		$	343			$	288			$	269			No		5/31/2016
USW		11-6166763		001		Red		Red		Implemented		5,718				5,673				5,648				No		8/31/2014
									Total Contributions:			$	6,061			$	5,961			$	5,917

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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.

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