| Compensation And Retirement Disclosure [Abstract] | Period [Axis] |
|---|
2016-01-01 - 2016-12-31 |
|---|
Compensation And Retirement Disclosure [Abstract] | |
Summary of Defined Benefit Pension Plan and Other Postretirement Defined Benefit Plan |
The following table summarizes information for the defined benefit pension and other postretirement benefit plans based on a December 31 measurement date:
|
|
|
Pension Benefits |
|
|
Other Postretirement Benefits |
|
|
|
|
U.S. Plans |
|
|
Non-U.S. Plans |
|
|
U.S Plans |
|
|
|
|
2016 |
|
|
2015 |
|
|
2016 |
|
|
2015 |
|
|
2016 |
|
|
2015 |
|
|
Change in benefit obligation: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Benefit obligation, beginning |
|
$ |
159,973 |
|
|
$ |
171,351 |
|
|
$ |
203,117 |
|
|
$ |
145,921 |
|
|
$ |
16,696 |
|
|
$ |
21,756 |
|
|
Service cost |
|
|
— |
|
|
|
— |
|
|
|
5,352 |
|
|
|
2,271 |
|
|
|
3 |
|
|
|
29 |
|
|
Interest cost |
|
|
6,452 |
|
|
|
6,498 |
|
|
|
6,096 |
|
|
|
5,988 |
|
|
|
538 |
|
|
|
643 |
|
|
Plan participants' contributions |
|
|
— |
|
|
|
— |
|
|
|
115 |
|
|
|
— |
|
|
|
1,016 |
|
|
|
1,332 |
|
|
BNS acquisition |
|
|
— |
|
|
|
— |
|
|
|
(7,073 |
) |
|
|
74,851 |
|
|
|
— |
|
|
|
— |
|
|
Actuarial loss (gain) |
|
|
966 |
|
|
|
(6,986 |
) |
|
|
39,296 |
|
|
|
(13,314 |
) |
|
|
(876 |
) |
|
|
(3,505 |
) |
|
Plan amendments |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(4,370 |
) |
|
|
— |
|
|
Benefits paid, including settlements |
|
|
(10,869 |
) |
|
|
(10,890 |
) |
|
|
(6,861 |
) |
|
|
(2,239 |
) |
|
|
(3,461 |
) |
|
|
(3,559 |
) |
|
Foreign exchange and other |
|
|
— |
|
|
|
— |
|
|
|
(23,408 |
) |
|
|
(10,361 |
) |
|
|
— |
|
|
|
— |
|
|
Benefit obligation, ending |
|
$ |
156,522 |
|
|
$ |
159,973 |
|
|
$ |
216,634 |
|
|
$ |
203,117 |
|
|
$ |
9,546 |
|
|
$ |
16,696 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Change in plan assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fair value of plan assets, beginning |
|
|
152,661 |
|
|
|
160,325 |
|
|
|
199,915 |
|
|
|
147,324 |
|
|
|
592 |
|
|
|
1,543 |
|
|
Employer and plan participant contributions |
|
|
261 |
|
|
|
9,103 |
|
|
|
6,119 |
|
|
|
8,596 |
|
|
|
2,869 |
|
|
|
2,608 |
|
|
BNS acquisition |
|
|
— |
|
|
|
— |
|
|
|
38 |
|
|
|
56,328 |
|
|
|
— |
|
|
|
— |
|
|
Return on plan assets |
|
|
13,585 |
|
|
|
(5,877 |
) |
|
|
21,683 |
|
|
|
225 |
|
|
|
— |
|
|
|
— |
|
|
Benefits paid, including settlements |
|
|
(10,869 |
) |
|
|
(10,890 |
) |
|
|
(6,861 |
) |
|
|
(2,239 |
) |
|
|
(3,461 |
) |
|
|
(3,559 |
) |
|
Foreign exchange and other |
|
|
— |
|
|
|
— |
|
|
|
(24,076 |
) |
|
|
(10,319 |
) |
|
|
— |
|
|
|
— |
|
|
Fair value of plan assets, ending |
|
$ |
155,638 |
|
|
$ |
152,661 |
|
|
$ |
196,818 |
|
|
$ |
199,915 |
|
|
$ |
— |
|
|
$ |
592 |
|
|
Funded status (benefit obligation in excess of
fair value of plan assets) |
|
$ |
884 |
|
|
$ |
7,312 |
|
|
$ |
19,816 |
|
|
$ |
3,202 |
|
|
$ |
9,546 |
|
|
$ |
16,104 |
|
|
Balance Sheet Location of Pension and Postretirement Liabilities and Assets |
The following table presents the balance sheet location of the Company's pension and postretirement liabilities and assets:
|
|
|
December 31, |
|
|
|
|
U.S. Plans |
|
|
Non-U.S. Plans |
|
|
|
|
2016 |
|
|
2015 |
|
|
2016 |
|
|
2015 |
|
|
Other accrued liabilities |
|
$ |
(1,980 |
) |
|
$ |
(2,000 |
) |
|
$ |
(1,145 |
) |
|
$ |
— |
|
|
Pension and other postretirement benefit liabilities |
|
|
(10,068 |
) |
|
|
(21,416 |
) |
|
|
(21,603 |
) |
|
|
(15,686 |
) |
|
Other noncurrent assets |
|
|
1,618 |
|
|
|
— |
|
|
|
2,932 |
|
|
|
12,484 |
|
|
Summary of Company's Pension Plans with an Accumulated Benefit Obligation in Excess of Plan Assets |
The following table summarizes information for the Company’s pension plans with an accumulated benefit obligation in excess of plan assets:
|
|
|
December 31, |
|
|
|
|
U.S. Plans |
|
|
Non-U.S. Plans |
|
|
|
|
2016 |
|
|
2015 |
|
|
2016 |
|
|
2015 |
|
|
Projected benefit obligation |
|
$ |
2,502 |
|
|
$ |
159,973 |
|
|
$ |
14,467 |
|
|
$ |
15,913 |
|
|
Accumulated benefit obligation |
|
|
2,502 |
|
|
|
159,973 |
|
|
|
12,518 |
|
|
|
11,364 |
|
|
Fair value of plan assets |
|
|
— |
|
|
|
152,661 |
|
|
|
3,640 |
|
|
|
17 |
|
|
Summary of Pretax Amounts Included in Accumulated Other Comprehensive Loss |
The following table summarizes pretax amounts included in accumulated other comprehensive loss as of December 31, 2016 and 2015:
|
|
|
Pension Benefits |
|
|
Other
Postretirement
Benefits |
|
|
|
|
U.S. Plans |
|
|
Non-U.S. Plans |
|
|
U.S. Plans |
|
|
|
|
2016 |
|
|
2015 |
|
|
2016 |
|
|
2015 |
|
|
2016 |
|
|
2015 |
|
|
Unrecognized net actuarial gain (loss) |
|
$ |
(30,968 |
) |
|
$ |
(37,508 |
) |
|
$ |
(32,411 |
) |
|
$ |
(8,661 |
) |
|
$ |
3,518 |
|
|
$ |
4,023 |
|
|
Unrecognized prior service credit |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
18,137 |
|
|
|
17,987 |
|
|
Total |
|
$ |
(30,968 |
) |
|
$ |
(37,508 |
) |
|
$ |
(32,411 |
) |
|
$ |
(8,661 |
) |
|
$ |
21,655 |
|
|
$ |
22,010 |
|
|
Pretax Amounts for Net Periodic Benefit Cost and Other Amounts Included in Other Comprehensive Income (Loss) for the Defined Benefit Pension and Other Postretirement Benefit Plans |
Pretax amounts for net periodic benefit cost and other amounts included in other comprehensive income (loss) for the defined benefit pension and other postretirement benefit plans consisted of the following components:
|
|
|
Pension Benefits |
|
|
|
|
Year Ended December 31, |
|
|
|
|
U.S. Plans |
|
|
Non-U.S. Plans |
|
|
|
|
2016 |
|
|
2015 |
|
|
2014 |
|
|
2016 |
|
|
2015 |
|
|
2014 |
|
|
Service cost |
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
5,352 |
|
|
$ |
2,271 |
|
|
$ |
453 |
|
|
Interest cost |
|
|
6,452 |
|
|
|
6,498 |
|
|
|
7,270 |
|
|
|
6,096 |
|
|
|
5,988 |
|
|
|
6,043 |
|
|
Recognized actuarial loss |
|
|
923 |
|
|
|
675 |
|
|
|
309 |
|
|
|
116 |
|
|
|
52 |
|
|
|
— |
|
|
Expected return on plan assets |
|
|
(7,002 |
) |
|
|
(7,516 |
) |
|
|
(7,883 |
) |
|
|
(8,632 |
) |
|
|
(7,357 |
) |
|
|
(7,366 |
) |
|
Net periodic benefit cost (income) |
|
|
373 |
|
|
|
(343 |
) |
|
|
(304 |
) |
|
|
2,932 |
|
|
|
954 |
|
|
|
(870 |
) |
|
Changes in plan assets and benefit obligations
included in other comprehensive income (loss): |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Change in unrecognized net actuarial loss (gain) |
|
|
(6,540 |
) |
|
|
5,735 |
|
|
|
8,479 |
|
|
|
23,750 |
|
|
|
(6,867 |
) |
|
|
10,039 |
|
|
Total recognized in net periodic benefit cost and
included in other comprehensive income (loss) |
|
$ |
(6,167 |
) |
|
$ |
5,392 |
|
|
$ |
8,175 |
|
|
$ |
26,682 |
|
|
$ |
(5,913 |
) |
|
$ |
9,169 |
|
|
|
|
Other Postretirement Benefits |
|
|
|
Year Ended December 31, |
|
|
|
U.S. Plans |
|
|
|
2016 |
|
|
2015 |
|
|
2014 |
|
|
|
Service cost |
|
$ |
3 |
|
|
$ |
29 |
|
|
$ |
86 |
|
|
|
Interest cost |
|
|
538 |
|
|
|
643 |
|
|
|
901 |
|
|
|
Recognized actuarial gain |
|
|
(1,382 |
) |
|
|
(1,132 |
) |
|
|
(343 |
) |
|
|
Amortization of prior service credit |
|
|
(4,220 |
) |
|
|
(9,829 |
) |
|
|
(9,977 |
) |
|
|
Net periodic benefit income |
|
|
(5,061 |
) |
|
|
(10,289 |
) |
|
|
(9,333 |
) |
|
|
Changes in plan assets and benefit obligations included in other
comprehensive income (loss): |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Change in unrecognized net actuarial loss (gain) |
|
|
505 |
|
|
|
(2,373 |
) |
|
|
(2,734 |
) |
|
|
Change in unrecognized prior service credit |
|
|
(150 |
) |
|
|
9,829 |
|
|
|
9,977 |
|
|
|
Total included in other comprehensive income (loss) |
|
|
355 |
|
|
|
7,456 |
|
|
|
7,243 |
|
|
|
Total recognized in net periodic benefit cost and included in other
comprehensive income (loss) |
|
$ |
(4,706 |
) |
|
$ |
(2,833 |
) |
|
$ |
(2,090 |
) |
|
|
Summary of the Amounts of Amortization Included in Accumulated Other Comprehensive Loss |
Amortization of amounts included in accumulated other comprehensive loss as of December 31, 2016 is expected to increase (decrease) net periodic benefit cost during 2017 as follows:
|
|
Pension
Benefits |
|
|
Other Postretirement Benefits |
|
|
Total |
|
|
|
U.S. Plans |
|
|
Non-U.S. Plans |
|
|
U.S. Plans |
|
|
U.S. Plans |
|
|
Non-U.S. Plans |
|
|
Amortization of net actuarial loss (gain) |
$ |
678 |
|
|
$ |
1,459 |
|
|
$ |
(793 |
) |
|
$ |
(115 |
) |
|
$ |
1,459 |
|
|
Amortization of prior service credit |
|
— |
|
|
|
— |
|
|
|
(4,138 |
) |
|
|
(4,138 |
) |
|
|
— |
|
|
Total |
$ |
678 |
|
|
$ |
1,459 |
|
|
$ |
(4,931 |
) |
|
$ |
(4,253 |
) |
|
$ |
1,459 |
|
|
Significant Weighted Average Assumptions Used in Determining Benefit Obligations and Net Periodic Benefit Cost |
Significant weighted average assumptions used in determining benefit obligations and net periodic benefit cost are as follows:
|
|
|
Pension Benefits |
|
|
|
|
|
U.S. Plans |
|
|
|
Non-U.S. Plans |
|
|
|
|
|
2016 |
|
|
|
2015 |
|
|
|
2014 |
|
|
|
2016 |
|
|
|
2015 |
|
|
|
2014 |
|
|
|
Benefit obligations: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Discount rate |
|
|
3.94 |
|
% |
|
|
4.19 |
|
% |
|
|
3.89 |
|
% |
|
|
2.38 |
|
% |
|
|
3.52 |
|
% |
|
|
3.75 |
|
% |
|
Rate of compensation increase |
|
|
— |
|
% |
|
|
— |
|
% |
|
|
— |
|
% |
|
|
4.04 |
|
% |
|
|
4.36 |
|
% |
|
|
4.00 |
|
% |
|
Net periodic benefit cost: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Discount rate |
|
|
4.19 |
|
% |
|
|
3.89 |
|
% |
|
|
4.69 |
|
% |
|
|
3.52 |
|
% |
|
|
3.75 |
|
% |
|
|
4.70 |
|
% |
|
Rate of return on plan assets |
|
|
4.50 |
|
% |
|
|
4.65 |
|
% |
|
|
5.45 |
|
% |
|
|
3.71 |
|
% |
|
|
4.45 |
|
% |
|
|
5.40 |
|
% |
|
Rate of compensation increase |
|
|
— |
|
% |
|
|
— |
|
% |
|
|
— |
|
% |
|
|
4.18 |
|
% |
|
|
4.00 |
|
% |
|
|
4.30 |
|
% |
|
|
|
Other Postretirement Benefits |
|
|
|
|
U.S. Plans |
|
|
|
|
2016 |
|
|
2015 |
|
|
2014 |
|
|
Benefit obligations: |
|
|
|
|
|
|
|
|
|
|
Discount rate |
|
3.06 |
% |
|
3.46 |
% |
|
3.15 |
% |
|
Net periodic benefit cost: |
|
|
|
|
|
|
|
|
|
|
Discount rate |
|
3.46 |
% |
|
3.15 |
% |
|
3.50 |
% |
|
Summary of the Company's Plan Assets for Estimated Fair Values and the Valuation Input Levels |
The estimated fair values and the valuation input levels of the Company’s plan assets as of December 31, 2016 are as follows:
|
|
|
Pension Benefits |
Other
Postretirement
Benefits |
|
|
|
|
U.S. Plans |
Non-U.S. Plans |
U.S. Plans |
|
|
|
|
Level 1
Fair Value |
|
|
Level 2
Fair Value |
|
|
Level 1
Fair Value |
|
|
Level 2
Fair Value |
|
|
Level 1
Fair Value |
|
|
Level 2
Fair Value |
|
|
Mutual funds: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. equity |
|
$ |
2,693 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
|
International equity |
|
|
1,284 |
|
|
|
— |
|
|
|
30,295 |
|
|
|
29,618 |
|
|
|
— |
|
|
|
— |
|
|
U.S. debt |
|
|
142,121 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
International debt |
|
|
6,847 |
|
|
|
— |
|
|
|
27,004 |
|
|
|
81,242 |
|
|
|
— |
|
|
|
— |
|
|
Absolute return |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
18,727 |
|
|
|
— |
|
|
|
— |
|
|
Other |
|
|
2,693 |
|
|
|
— |
|
|
|
3,688 |
|
|
|
6,244 |
|
|
|
— |
|
|
|
— |
|
|
Total |
|
$ |
155,638 |
|
|
$ |
— |
|
|
$ |
60,987 |
|
|
$ |
135,831 |
|
|
$ |
— |
|
|
$ |
— |
|
The estimated fair values and the valuation input levels of the Company’s plan assets as of December 31, 2015 are as follows:
|
|
|
Pension Benefits |
Other
Postretirement
Benefits |
|
|
|
|
U.S. Plans |
Non-U.S. Plans |
U.S. Plans |
|
|
|
|
Level 1
Fair Value |
|
|
Level 2
Fair Value |
|
|
Level 1
Fair Value |
|
|
Level 2
Fair Value |
|
|
Level 1
Fair Value |
|
|
Level 2
Fair Value |
|
|
Mutual funds: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. equity |
|
$ |
2,404 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
|
International equity |
|
|
1,692 |
|
|
|
— |
|
|
|
28,309 |
|
|
|
50,240 |
|
|
|
— |
|
|
|
— |
|
|
U.S. debt |
|
|
140,264 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
592 |
|
|
|
— |
|
|
International debt |
|
|
6,164 |
|
|
|
— |
|
|
|
26,721 |
|
|
|
91,772 |
|
|
|
— |
|
|
|
— |
|
|
Other |
|
|
2,137 |
|
|
|
— |
|
|
|
1,223 |
|
|
|
1,650 |
|
|
|
— |
|
|
|
— |
|
|
Total |
|
$ |
152,661 |
|
|
$ |
— |
|
|
$ |
56,253 |
|
|
$ |
143,662 |
|
|
$ |
592 |
|
|
$ |
— |
|
|
Summarizes Projected Benefit Payments from Pension and Other Postretirement Benefit Plans |
The following table summarizes projected benefit payments from pension and other postretirement benefit plans through 2026, including benefits attributable to estimated future service (in millions):
|
|
Pension Benefits |
|
|
Other
Postretirement
Benefits |
|
|
|
U.S. Plans |
|
|
Non-U.S. Plans |
|
|
U.S Plans |
|
|
2017 |
$ |
10.8 |
|
|
$ |
10.0 |
|
|
$ |
1.7 |
|
|
2018 |
|
10.7 |
|
|
|
7.7 |
|
|
|
1.7 |
|
|
2019 |
|
10.6 |
|
|
|
6.4 |
|
|
|
1.5 |
|
|
2020 |
|
10.5 |
|
|
|
6.7 |
|
|
|
1.0 |
|
|
2021 |
|
10.4 |
|
|
|
7.6 |
|
|
|
0.9 |
|
|
2022-2026 |
|
50.0 |
|
|
|
47.7 |
|
|
|
2.5 |
|
|