Defined Benefit Plan, Actual Rate Of Return On Plan Assets

No definition available.

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- Definition

Defined Benefit Plan, Expected Rate of Return on Plan Assets calculated as a basis for determining the extent of delayed recognition of the effects of changes in the fair value of assets. The expected rate of return on plan assets is determined based on the expected long-term rate of return on plan assets and the market-related value of plan assets.

+ References

No definition available.

+ Details

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- References

No definition available.

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- Definition

Weighted average rate for present value of future retirement benefits cash flows, used to determine benefit obligation of defined benefit plan.

+ References

+ Details

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- Definition

Weighted average rate increase of compensation, used to determine benefit obligation of defined benefit plan. Plan includes, but is not limited to, pay-related defined benefit plan.

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+ Details

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- Definition

Weighted-average interest crediting rate used to determine benefit obligation of defined benefit plan. Plan includes, but is not limited to, cash balance and other defined benefit plans with promised interest crediting rate.

+ References

+ Details

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- Definition

Weighted average rate for present value of future retirement benefits cash flows, used to determine net periodic benefit cost of defined benefit plan.

+ References

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- Definition

Weighted average rate of return on plan assets, reflecting average rate of earnings expected on existing plan assets and expected contributions, used to determine net periodic benefit cost of defined benefit plan.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (k)(3)
-URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e2919-114920

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- Definition

Weighted average rate of compensation increase used to determine net periodic benefit cost of defined benefit plan. Plan includes, but is not limited to, pay-related defined benefit plan.

+ References

+ Details

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- Definition

Weighted-average interest crediting rate used to determine net periodic benefit cost of defined benefit plan. Plan includes, but is not limited to, cash balance and other defined benefit plans with promised interest crediting rate.

+ References

+ Details

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- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

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- Definition

Assumed rate, for next fiscal year, based on annual change in cost of health care cost benefits used to measure expected cost of benefits covered by defined benefit postretirement plan. Factors include, but are not limited to, estimate of health care inflation, change in health care utilization or delivery pattern, technological advances, and change in health status of participant. Excludes factors for change in composition of plan population by age and dependency status.

+ References

+ Details

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- Definition

Percentage of target investment allocation to total plan assets. Includes, but is not limited to, percentage on weighted-average basis if more than one plan.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 55
-Paragraph 17
-URI http://asc.fasb.org/extlink&oid=118257860&loc=d3e4179-114921

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (d)(i)
-URI http://asc.fasb.org/extlink&oid=118255775&loc=d3e1928-114920

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- Definition

Ultimate trend rate for health care cost for defined benefit postretirement plan.

+ References

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Retirement Programs - Assumptions Used in Determining Benefit Obligations and Net Benefit Costs (Details)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
OPEB
Defined Benefit Plan Disclosure [Line Items]
Discount rate		2.39%	3.19%
Discount rate		3.19%	4.16%
Defined Benefit Plan, Assumed Health Care Cost Trend Rates [Abstract]
Healthcare cost trend assumed		6.50%	5.49%
Rate to which the cost trend rate is assumed to decline (the ultimate trend rate)		5.00%	4.50%
Praxair, Inc. \| OPEB
Defined Benefit Plan, Assumed Health Care Cost Trend Rates [Abstract]
Healthcare cost trend assumed		6.50%	7.00%
Rate to which the cost trend rate is assumed to decline (the ultimate trend rate)		5.00%	5.00%
U.S. \| Pensions
Defined Benefit Plan Disclosure [Line Items]
Discount rate		2.40%	3.20%
Interest crediting rate		1.57%	2.19%
Rate of increase in compensation levels		3.25%	3.25%
Discount rate		3.20%	4.20%
Interest crediting rate		2.19%	3.34%
Rate of increase in compensation levels		3.25%	3.25%
Expected long-term rate of return on plan assets		7.00%	7.27%
Actual rate of return on plan assets		9.50%
U.S. \| Scenario, Forecast \| Pensions
Defined Benefit Plan Disclosure [Line Items]
Expected long-term rate of return on plan assets	7.00%
International \| Pensions
Defined Benefit Plan Disclosure [Line Items]
Discount rate		1.36%	1.91%
Interest crediting rate		1.01%	1.08%
Rate of increase in compensation levels		2.55%	2.46%
Discount rate		1.91%	2.72%
Interest crediting rate		1.08%	1.23%
Rate of increase in compensation levels		2.46%	2.38%
Expected long-term rate of return on plan assets		5.31%	5.15%
Actual rate of return on plan assets		7.90%
International \| Scenario, Forecast \| Pensions
Defined Benefit Plan Disclosure [Line Items]
Expected long-term rate of return on plan assets	5.27%
Equity Securities \| U.S. \| Pensions
Defined Benefit Plan Disclosure [Line Items]
Expected rate of return on plan assets		7.70%
Equity Securities \| International \| Pensions
Defined Benefit Plan Disclosure [Line Items]
Expected rate of return on plan assets		6.40%
Fixed Income Investments \| U.S. \| Pensions
Defined Benefit Plan Disclosure [Line Items]
Expected rate of return on plan assets		5.40%
Fixed Income Investments \| International \| Pensions
Defined Benefit Plan Disclosure [Line Items]
Expected rate of return on plan assets		4.80%
Other Investment \| U.S. \| Pensions
Defined Benefit Plan Disclosure [Line Items]
Expected rate of return on plan assets		6.30%
Other Investment \| International \| Pensions
Defined Benefit Plan Disclosure [Line Items]
Expected rate of return on plan assets		5.00%
Minimum \| Equity Securities \| U.S. \| Pensions
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan, plan assets, target allocation, percentage		40.00%	40.00%
Minimum \| Equity Securities \| International \| Pensions
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan, plan assets, target allocation, percentage		15.00%	15.00%
Minimum \| Fixed Income Investments \| U.S. \| Pensions
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan, plan assets, target allocation, percentage		30.00%	30.00%
Minimum \| Fixed Income Investments \| International \| Pensions
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan, plan assets, target allocation, percentage		30.00%	30.00%
Minimum \| Other Investment \| U.S. \| Pensions
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan, plan assets, target allocation, percentage		5.00%	5.00%
Minimum \| Other Investment \| International \| Pensions
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan, plan assets, target allocation, percentage		30.00%	30.00%
Maximum \| Equity Securities \| U.S. \| Pensions
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan, plan assets, target allocation, percentage		60.00%	60.00%
Maximum \| Equity Securities \| International \| Pensions
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan, plan assets, target allocation, percentage		25.00%	25.00%
Maximum \| Fixed Income Investments \| U.S. \| Pensions
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan, plan assets, target allocation, percentage		50.00%	50.00%
Maximum \| Fixed Income Investments \| International \| Pensions
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan, plan assets, target allocation, percentage		50.00%	50.00%
Maximum \| Other Investment \| U.S. \| Pensions
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan, plan assets, target allocation, percentage		15.00%	15.00%
Maximum \| Other Investment \| International \| Pensions
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan, plan assets, target allocation, percentage		50.00%	50.00%