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Retirement Plans (Tables)
12 Months Ended
Dec. 31, 2017
Compensation And Retirement Disclosure [Abstract]  
Schedule Of Changes In Defined Benefit Plan Obligations

 

 

 

Pension Benefits

 

 

Postretirement Benefits

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Change in benefit obligation:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Benefit obligation at beginning of year

 

$

1,249

 

 

$

1,308

 

 

$

21

 

 

$

23

 

Service cost

 

 

15

 

 

 

15

 

 

 

 

 

 

 

Interest cost

 

 

42

 

 

 

42

 

 

 

 

 

 

1

 

Actuarial loss (gain)

 

 

59

 

 

 

63

 

 

 

 

 

 

(1

)

Plan amendments

 

 

 

 

 

2

 

 

 

 

 

 

 

Plan curtailments

 

 

 

 

 

(31

)

 

 

 

 

 

 

Plan settlements

 

 

 

 

 

(94

)

 

 

 

 

 

 

Foreign exchange rate changes

 

 

2

 

 

 

1

 

 

 

 

 

 

 

Participant contributions

 

 

 

 

 

 

 

 

1

 

 

 

 

Benefits paid

 

 

(88

)

 

 

(57

)

 

 

(3

)

 

 

(2

)

Benefit obligation at end of year

 

 

1,279

 

 

 

1,249

 

 

 

19

 

 

 

21

 

Change in plan assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fair value of plan assets at beginning of year

 

 

985

 

 

 

1,059

 

 

 

 

 

 

 

Actual return on plan assets

 

 

122

 

 

 

61

 

 

 

 

 

 

 

Employer contributions

 

 

14

 

 

 

16

 

 

 

2

 

 

 

2

 

Participant contributions

 

 

 

 

 

 

 

 

1

 

 

 

 

Plan settlements

 

 

 

 

 

(94

)

 

 

 

 

 

 

Benefits paid

 

 

(88

)

 

 

(57

)

 

 

(3

)

 

 

(2

)

Foreign exchange rate changes

 

 

2

 

 

 

 

 

 

 

 

 

 

Fair value of plan assets at end of year

 

 

1,035

 

 

 

985

 

 

 

 

 

 

 

Funded status at end of year

 

$

(244

)

 

$

(264

)

 

$

(19

)

 

$

(21

)

Amounts recognized in balance sheet:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other long-term assets

 

$

4

 

 

$

3

 

 

$

 

 

$

 

Other current liabilities

 

 

(13

)

 

 

(13

)

 

 

(3

)

 

 

(3

)

Other long-term liabilities

 

 

(235

)

 

 

(254

)

 

 

(16

)

 

 

(18

)

Net amount

 

$

(244

)

 

$

(264

)

 

$

(19

)

 

$

(21

)

Amounts recognized in accumulated other

   comprehensive earnings:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net actuarial loss (gain)

 

$

257

 

 

$

285

 

 

$

(11

)

 

$

(11

)

Prior service cost (credit)

 

 

6

 

 

 

8

 

 

 

(3

)

 

 

(5

)

Total

 

$

263

 

 

$

293

 

 

$

(14

)

 

$

(16

)

 

Schedule Of Net Periodic Benefit Cost And Other Comprehensive Loss (Earnings) For Pension And Postretirement Benefit Plans

 

 

 

Pension Benefits

 

 

Postretirement Benefits

 

 

 

2017

 

 

2016

 

 

2015

 

 

2017

 

 

2016

 

 

2015

 

Net periodic benefit cost:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

15

 

 

$

15

 

 

$

33

 

 

$

 

 

$

 

 

$

1

 

Interest cost

 

 

42

 

 

 

42

 

 

 

52

 

 

 

 

 

 

1

 

 

 

1

 

Expected return on plan assets

 

 

(54

)

 

 

(55

)

 

 

(58

)

 

 

 

 

 

 

 

 

 

Recognition of net actuarial loss (gain) (1)

 

 

19

 

 

 

25

 

 

 

20

 

 

 

(1

)

 

 

(1

)

 

 

(1

)

Recognition of prior service cost (1)

 

 

2

 

 

 

3

 

 

 

4

 

 

 

(1

)

 

 

(1

)

 

 

(2

)

Total net periodic benefit cost (2)

 

 

24

 

 

 

30

 

 

 

51

 

 

 

(2

)

 

 

(1

)

 

 

(1

)

Other comprehensive loss (earnings):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Actuarial loss (gain) arising in current year

 

 

(9

)

 

 

26

 

 

 

5

 

 

 

(1

)

 

 

 

 

 

(1

)

Prior service cost (credit) arising in current year

 

 

 

 

 

2

 

 

 

 

 

 

 

 

 

 

 

 

1

 

Recognition of net actuarial loss, including settlement

   expense, in net periodic benefit cost (3)

 

 

(19

)

 

 

(43

)

 

 

(20

)

 

 

1

 

 

 

1

 

 

 

1

 

Recognition of prior service cost, including

   curtailment, in net periodic benefit cost (3)

 

 

(2

)

 

 

(9

)

 

 

(4

)

 

 

1

 

 

 

1

 

 

 

1

 

Total other comprehensive loss (earnings)

 

 

(30

)

 

 

(24

)

 

 

(19

)

 

 

1

 

 

 

2

 

 

 

2

 

Total recognized

 

$

(6

)

 

$

6

 

 

$

32

 

 

$

(1

)

 

$

1

 

 

$

1

 

 

(1)

These net periodic benefit costs were reclassified out of other comprehensive earnings in the current period.

(2)

Net periodic benefit cost is a component of G&A on the accompanying consolidated comprehensive statements of earnings.

(3)

These amounts include restructuring costs that were reclassified out of other comprehensive earnings in 2016. See Note 7 for further discussion.

Schedule Of Weighted Average Actuarial Assumptions Used To Determine Benefit Obligations And Net Periodic Benefit Costs

 

 

 

Pension Benefits

 

 

Postretirement Benefits

 

 

 

2017

 

 

2016

 

 

2015

 

 

2017

 

 

2016

 

 

2015

 

Assumptions to determine benefit obligations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Discount rate

 

3.59%

 

 

 

4.07%

 

 

 

4.25%

 

 

3.25%

 

 

 

3.46%

 

 

 

3.63%

 

Rate of compensation increase

 

2.50%

 

 

 

4.49%

 

 

 

4.49%

 

 

N/A

 

 

N/A

 

 

N/A

 

Assumptions to determine net periodic benefit cost:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Discount rate

 

4.08%

 

 

 

4.39%

 

 

 

3.90%

 

 

3.46%

 

 

 

3.63%

 

 

3.25%

 

Rate of compensation increase

 

4.48%

 

 

 

4.49%

 

 

 

4.49%

 

 

N/A

 

 

N/A

 

 

N/A

 

Expected return on plan assets

 

5.69%

 

 

 

5.20%

 

 

 

5.22%

 

 

N/A

 

 

N/A

 

 

N/A