| Compensation And Retirement Disclosure [Abstract] | Period [Axis] |
|---|
2016-01-01 - 2016-12-31 |
|---|
Compensation And Retirement Disclosure [Abstract] | |
Components of Net Periodic Benefit (Income) Expense |
The components of the net periodic benefit (income) expense were as follows:
|
|
|
Pension Benefits |
|
|
|
|
2016 |
|
|
2015 |
|
|
2014 |
|
|
|
|
|
Qualified |
|
|
Non-Qualified & International |
|
|
|
Qualified |
|
|
Non-Qualified & International |
|
|
|
Qualified |
|
|
Non-Qualified & International |
|
|
Service cost |
|
|
$ |
— |
|
|
$ |
— |
|
|
|
$ |
— |
|
|
$ |
— |
|
|
|
$ |
— |
|
|
$ |
— |
|
|
Interest cost |
|
|
|
24 |
|
|
|
6 |
|
|
|
|
7 |
|
|
|
9 |
|
|
|
|
6 |
|
|
|
11 |
|
|
Expected return on plan assets |
|
|
|
(48 |
) |
|
|
(7 |
) |
|
|
|
(11 |
) |
|
|
(13 |
) |
|
|
|
(8 |
) |
|
|
(15 |
) |
|
Amortization of actuarial loss |
|
|
|
6 |
|
|
|
1 |
|
|
|
|
— |
|
|
|
1 |
|
|
|
|
— |
|
|
|
1 |
|
|
Settlement |
|
|
|
1 |
|
|
|
— |
|
|
|
|
— |
|
|
|
— |
|
|
|
|
— |
|
|
|
— |
|
|
Net periodic benefit income |
|
|
$ |
(17 |
) |
|
$ |
— |
|
|
|
$ |
(4 |
) |
|
$ |
(3 |
) |
|
|
$ |
(2 |
) |
|
$ |
(3 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted average assumption used to calculate net
periodic benefit expense: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Discount rate |
|
|
|
3.8 |
% |
|
|
3.8 |
% |
|
|
|
4.2 |
% |
|
|
3.8 |
% |
|
|
|
4.7 |
% |
|
|
4.6 |
% |
|
Expected return on plan assets |
|
|
|
7.2 |
% |
|
|
7.2 |
% |
|
|
|
6.5 |
% |
|
|
6.3 |
% |
|
|
|
6.5 |
% |
|
|
7.0 |
% |
|
Reconciliation of Benefit Obligation, Plan Assets and (Unfunded) Funded Status of Plans |
|
|
|
Pension Benefits |
|
|
|
|
2016 |
|
|
2015 |
|
|
|
|
|
Qualified |
|
|
Non-Qualified & International |
|
|
|
Qualified |
|
|
Non-Qualified & International |
|
|
Benefit obligation at beginning of year |
|
|
$ |
168 |
|
|
$ |
220 |
|
|
|
|
181 |
|
|
|
241 |
|
|
Service cost |
|
|
|
— |
|
|
|
— |
|
|
|
|
— |
|
|
|
— |
|
|
Interest cost |
|
|
|
24 |
|
|
|
6 |
|
|
|
|
7 |
|
|
|
9 |
|
|
Actuarial gain |
|
|
|
(186 |
) |
|
|
(7 |
) |
|
|
|
(14 |
) |
|
|
(3 |
) |
|
Settlement |
|
|
|
(30 |
) |
|
|
— |
|
|
|
|
— |
|
|
|
— |
|
|
Foreign currency translation |
|
|
|
— |
|
|
|
(27 |
) |
|
|
|
— |
|
|
|
(11 |
) |
|
Benefits paid |
|
|
|
(39 |
) |
|
|
(10 |
) |
|
|
|
(9 |
) |
|
|
(10 |
) |
|
Plan transfers prior to separation |
|
|
|
— |
|
|
|
— |
|
|
|
|
— |
|
|
|
(6 |
) |
|
Plan transfers from parent company |
|
|
|
2,502 |
|
|
|
97 |
|
|
|
|
— |
|
|
|
— |
|
|
Plan transfers to parent company |
|
|
|
— |
|
|
|
(187 |
) |
|
|
|
— |
|
|
|
— |
|
|
Acquisitions |
|
|
|
— |
|
|
|
— |
|
|
|
|
3 |
|
|
|
— |
|
|
Benefit obligation at end of year |
|
|
$ |
2,439 |
|
|
$ |
92 |
|
|
|
$ |
168 |
|
|
$ |
220 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fair value of plan assets at beginning of year |
|
|
$ |
169 |
|
|
$ |
220 |
|
|
|
$ |
182 |
|
|
$ |
235 |
|
|
Actual return on assets |
|
|
|
(93 |
) |
|
|
9 |
|
|
|
|
(6 |
) |
|
|
1 |
|
|
Settlement |
|
|
|
(30 |
) |
|
|
— |
|
|
|
|
— |
|
|
|
— |
|
|
Employer contributions |
|
|
|
1 |
|
|
|
4 |
|
|
|
|
— |
|
|
|
6 |
|
|
Acquisitions |
|
|
|
— |
|
|
|
— |
|
|
|
|
2 |
|
|
|
— |
|
|
Foreign currency translation |
|
|
|
— |
|
|
|
(27 |
) |
|
|
|
— |
|
|
|
(12 |
) |
|
Plan transfers from parent company |
|
|
|
2,241 |
|
|
|
— |
|
|
|
|
— |
|
|
|
— |
|
|
Plan transfers to parent company |
|
|
|
— |
|
|
|
(194 |
) |
|
|
|
— |
|
|
|
— |
|
|
Benefits paid |
|
|
|
(39 |
) |
|
|
(10 |
) |
|
|
|
(9 |
) |
|
|
(10 |
) |
|
Fair value of plan assets at end of year |
|
|
$ |
2,249 |
|
|
|
2 |
|
|
|
$ |
169 |
|
|
$ |
220 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Unfunded) funded status at end of year |
|
|
$ |
(190 |
) |
|
$ |
(90 |
) |
|
|
$ |
1 |
|
|
$ |
— |
|
|
Amounts Recognized on Consolidated and Combined Balance Sheets |
|
|
|
Pension Benefits |
|
|
|
|
2016 |
|
|
2015 |
|
|
|
|
|
Qualified |
|
|
Non-Qualified & International |
|
|
|
Qualified |
|
|
Non-Qualified & International |
|
|
Prepaid pension cost (included in other noncurrent assets) |
|
|
$ |
4 |
|
|
$ |
— |
|
|
|
$ |
2 |
|
|
$ |
— |
|
|
Accrued benefit cost (included in accrued liabilities) |
|
|
|
— |
|
|
|
(5 |
) |
|
|
|
— |
|
|
|
— |
|
|
Pension liabilities |
|
|
|
(194 |
) |
|
|
(85 |
) |
|
|
|
(1) |
|
|
|
— |
|
|
Net (liabilities) assets recognized in the consolidated and
combined balance sheets |
|
|
$ |
(190 |
) |
|
$ |
(90 |
) |
|
|
$ |
1 |
|
|
$ |
— |
|
|
Amounts in Accumulated Other Comprehensive Loss |
The amounts included in accumulated other comprehensive loss in the consolidated and combined balance sheets, excluding tax effects, that have not been recognized as components of net periodic cost at December 31, 2016 and 2015 were as follows:
|
|
|
Pension Benefits |
|
|
|
|
2016 |
|
|
2015 |
|
|
|
|
|
Qualified |
|
|
Non-Qualified & International |
|
|
|
Qualified |
|
|
Non-Qualified & International |
|
|
Accumulated other comprehensive loss |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net actuarial loss |
|
|
$ |
(727 |
) |
|
$ |
(25 |
) |
|
|
$ |
(3 |
) |
|
$ |
(60 |
) |
|
Total |
|
|
$ |
(727 |
) |
|
$ |
(25 |
) |
|
|
$ |
(3 |
) |
|
$ |
(60 |
) |
|
Amounts Recognized in Other Comprehensive Loss |
The pre-tax amounts recognized in other comprehensive loss in 2016 as components of net periodic costs were as follows:
|
|
|
Pension Benefits |
|
|
|
|
|
Qualified |
|
|
Non-Qualified & International |
|
|
Amortization of: |
|
|
|
|
|
|
|
|
|
|
Net actuarial loss |
|
|
$ |
6 |
|
|
$ |
1 |
|
|
Amounts arising during the period: |
|
|
|
|
|
|
|
|
|
|
Net actuarial gain |
|
|
|
46 |
|
|
|
9 |
|
|
Settlement |
|
|
|
1 |
|
|
|
— |
|
|
Total |
|
|
$ |
53 |
|
|
$ |
10 |
|
|
Amounts in Accumulated Other Comprehensive Loss Expected to be Recognized Next Fiscal Year |
Actuarial gains and losses in excess of 10.0% of the greater of the projected benefit obligation or the market-related value of plan assets were recognized as a component of net periodic benefit costs over the average remaining service period of a plan’s active employees. Unrecognized prior service costs or credits are also recognized as a component of net periodic benefit cost over the average remaining service period of a plan’s active employees. The amounts in accumulated other comprehensive loss that are expected to be recognized as components of net periodic benefit costs in 2017 are shown below:
|
|
|
Pension Benefits |
|
|
|
|
Qualified |
|
|
Non-Qualified & International |
|
|
Amortization of: |
|
|
|
|
|
|
|
|
|
Net actuarial loss |
|
$ |
17 |
|
|
$ |
1 |
|
|
Weighted-Average Assumptions Used to Determine Net Benefit Obligation |
The weighted-average assumptions used to determine the net benefit obligation at the measurement date were as follows:
|
|
|
Pension Benefits |
|
|
|
|
2016 |
|
|
2015 |
|
|
|
|
Qualified |
|
|
Non-Qualified & International |
|
|
|
Qualified |
|
|
Non-Qualified & International |
|
|
Discount rate |
|
|
4.3 |
% |
|
|
4.3 |
% |
|
|
|
4.6 |
% |
|
|
3.8 |
% |
|
Summary of Projected Benefit Obligations in Excess of Plan Assets |
The following table provides a summary of pension plans with projected benefit obligations in excess of plan assets as of December 31, 2016 and 2015:
|
|
|
Pension Benefits |
|
|
|
|
2016 |
|
|
2015 |
|
|
|
|
Qualified |
|
|
Non-Qualified & International |
|
|
|
Qualified |
|
|
Non-Qualified & International |
|
|
Projected benefit obligation |
|
$ |
2,306 |
|
|
$ |
92 |
|
|
|
$ |
3 |
|
|
$ |
3 |
|
|
Fair value of plan assets |
|
|
2,112 |
|
|
|
2 |
|
|
|
|
2 |
|
|
2 |
|
|
Accumulated Benefit Obligations in Excess of Plan Assets |
The following table provides a summary of pension plans with accumulated benefit obligations in excess of plan assets as of December 31, 2016 and 2015:
|
|
|
Pension Benefits |
|
|
|
|
2016 |
|
|
2015 |
|
|
|
|
Qualified |
|
|
Non-Qualified & International |
|
|
|
Qualified |
|
|
Non-Qualified & International |
|
|
Accumulated benefit obligation |
|
$ |
2,306 |
|
|
$ |
90 |
|
|
|
$ |
3 |
|
|
$ |
— |
|
|
Fair value of plan assets |
|
|
2,112 |
|
|
|
1 |
|
|
|
|
2 |
|
|
|
— |
|
|
Expected Benefit Payments |
Benefit payments are expected to be paid as follows:
|
|
|
Pension Benefits |
|
|
|
|
Qualified |
|
|
Non-Qualified & International |
|
2017 |
|
|
$ |
123 |
|
|
5 |
|
2018 |
|
|
|
127 |
|
|
5 |
|
2019 |
|
|
|
132 |
|
|
5 |
|
2020 |
|
|
|
135 |
|
|
6 |
|
2021 |
|
|
|
139 |
|
|
6 |
|
2022-2026 |
|
|
|
740 |
|
|
30 |
|
Allocation of Plan Assets, Pension Plan |
The fair values of the Company’s pension plan assets at December 31, 2016 and 2015, by asset category were as follows:
|
|
|
December 31, 2016 |
|
|
December 31, 2015 |
|
|
Asset Category |
|
Total |
|
|
Level 1 |
|
|
Level 2 |
|
|
Total |
|
|
Level 1 |
|
|
Level 2 |
|
|
Cash and cash equivalents |
|
$ |
80 |
|
|
$ |
50 |
|
|
$ |
30 |
|
|
$ |
12 |
|
|
$ |
12 |
|
|
$ |
— |
|
|
Equity |
|
|
595 |
|
|
|
595 |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
Fixed income |
|
|
802 |
|
|
|
— |
|
|
|
802 |
|
|
|
44 |
|
|
|
— |
|
|
44 |
|
|
Derivatives and other |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
18 |
|
|
2 |
|
|
16 |
|
|
Investments measurement at NAV
as a practical expedient |
|
|
774 |
|
|
|
— |
|
|
|
— |
|
|
|
315 |
|
|
|
— |
|
|
|
— |
|
|
Total |
|
$ |
2,251 |
|
|
$ |
645 |
|
|
$ |
832 |
|
|
$ |
389 |
|
|
$ |
14 |
|
|
$ |
60 |
|
|