XML 32 R20.htm IDEA: XBRL DOCUMENT
v3.4.0.3

Long-Term Employee Benefits | 3 Months Ended
--- | ---
Mar. 31, 2016
General Discussion of Pension and Other Postretirement Benefits [Abstract] |
Long-Term Employee Benefits | Long-Term Employee Benefits Pension Plans The workforce reductions in the first quarter of 2016 related to the 2016 global cost savings and restructuring plan triggered a curtailment for company's principal U.S. pension plan. As a result, the company recorded a curtailment loss of $49 and re-measured the principal U.S. pension plan as of March 31, 2016. The curtailment loss was driven by the change in the benefit obligation based on the demographics of the terminated positions partially offset by accelerated recognition of a portion of the prior service benefit. In connection with the re-measurement, the company updated the discount rate assumed at December 31, 2015 from 4.47 percent to 4.13 percent for the plan. The re-measurement increased the underfunded status of the pension plan by $1,191 with a corresponding increase in net loss within other comprehensive loss for the three months ended March 31, 2016. The following sets forth the components of the company’s net periodic benefit cost for pensions:
| Three Months Ended
| March 31,
| 2016 | 2015
Service cost | $ | 47 |  | $ | 66 |
Interest cost | 217 |  | 273 |
Expected return on plan assets | (338 | ) | (404 | )
Amortization of loss | 172 |  | 209 |
Amortization of prior service benefit | (2 | ) | (2 | )
Curtailment loss | 49 |  | — |
Settlement loss | 1 |  | 5 |
Net periodic benefit cost - Total | $ | 146 |  | $ | 147 |
Less: Discontinued operations | (4 | ) | 1 |
Net periodic benefit cost - Continuing operations | $ | 150 |  | $ | 146 |
Other Long-Term Employee Benefit Plans As a result of the workforce reductions noted above a curtailment was triggered for the company's other long term employee benefit plans. The company recorded a curtailment gain of $30 and re-measured the associated plans as of March 31, 2016. The curtailment gain was driven by accelerated recognition of a portion of the prior service benefit partially offset by the change in the benefit obligation based on the demographics of the terminated positions. In connection with the re-measurement, the company updated the associated plans’ weighted average discount rate assumed at December 31, 2015 from 4.30 percent to 3.94 percent. The re-measurement resulted in a net increase of $124 to the company’s other long-term employee benefit obligation with a corresponding increase to net loss within other comprehensive loss for the three months ended March 31, 2016. The following sets forth the components of the company’s net periodic benefit cost for other long-term employee benefits:
| Three Months Ended
| March 31,
| 2016 | 2015
Service cost | $ | 3 |  | $ | 4 |
Interest cost | 23 |  | 28 |
Amortization of loss | 17 |  | 19 |
Amortization of prior service benefit | (39 | ) | (52 | )
Curtailment gain | (30 | ) | — |
Net periodic benefit cost - Total | $ | (26 | ) | $ | (1 | )
Less: Discontinued operations | — |  | 1 |
Net periodic benefit cost - Continuing operations | $ | (26 | ) | $ | (2 | )

X
- References No definition available. + Details
Name: | us-gaap_GeneralDiscussionOfPensionAndOtherPostretirementBenefitsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for pension and other postretirement benefits. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 80 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=49170332&loc=SL14450702-114947 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=58740216&loc=d3e2410-114920 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 60 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6414203&loc=d3e39675-114964 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 70 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=49170846&loc=d3e28014-114942 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 60 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6414199&loc=d3e39622-114963 + Details
Name: | us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration