XML 33 R71.htm IDEA: XBRL DOCUMENT v2.4.1.9
Pension, Savings and Postretirement Benefits (Details 2) (USD $)
In Thousands, unless otherwise specified
6 Months Ended 12 Months Ended
Dec. 31, 2013
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Dec. 31, 2013
Dec. 31, 2012
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Dec. 31, 2011
Components of cost recognized in other comprehensive loss        
Balance at the beginning of the period   (16,574)us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeLossAfterTax (15,345)us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeLossAfterTax  
Change in pension and post-retirement health liabilities   6,391us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent (1,229)us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent (5,202)us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
Balance at the end of the period (10,183)us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeLossAfterTax (10,183)us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeLossAfterTax (16,574)us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeLossAfterTax (15,345)us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeLossAfterTax
Pension plans        
Components of cost recognized in other comprehensive loss        
Balance at the beginning of the period   (13,073)us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeLossAfterTax
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_PensionPlansDefinedBenefitMember
(13,095)us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeLossAfterTax
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_PensionPlansDefinedBenefitMember
 
Change in pension and post-retirement health liabilities   4,736us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_PensionPlansDefinedBenefitMember
22us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_PensionPlansDefinedBenefitMember
 
Balance at the end of the period (8,337)us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeLossAfterTax
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_PensionPlansDefinedBenefitMember
(8,337)us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeLossAfterTax
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_PensionPlansDefinedBenefitMember
(13,073)us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeLossAfterTax
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_PensionPlansDefinedBenefitMember
 
Estimated amount that will be amortized from accumulated other comprehensive loss into net periodic cost        
Actuarial loss   264us-gaap_DefinedBenefitPlanFutureAmortizationOfGainLoss
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_PensionPlansDefinedBenefitMember
   
Total   264us-gaap_DefinedBenefitPlanAmountToBeAmortizedFromAccumulatedOtherComprehensiveIncomeLossNextFiscalYear
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_PensionPlansDefinedBenefitMember
   
Hourly Plan        
Weighted average assumptions used in determining the year-end benefit obligation        
Discount rate (as a percent) 4.50%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= coltdef_PensionPlansDefinedBenefitHourlyPlanMember
4.50%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= coltdef_PensionPlansDefinedBenefitHourlyPlanMember
3.75%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= coltdef_PensionPlansDefinedBenefitHourlyPlanMember
 
Expected return on plan assets (as a percent)   7.00%coltdef_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationExpectedLongTermReturnOnAssets
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= coltdef_PensionPlansDefinedBenefitHourlyPlanMember
7.50%coltdef_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationExpectedLongTermReturnOnAssets
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= coltdef_PensionPlansDefinedBenefitHourlyPlanMember
 
Number of hourly defined benefit plans 2coltdef_NumberOfHourlyDefinedBenefitPlans
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= coltdef_PensionPlansDefinedBenefitHourlyPlanMember
  2coltdef_NumberOfHourlyDefinedBenefitPlans
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= coltdef_PensionPlansDefinedBenefitHourlyPlanMember
 
Weighted average assumptions used to determine net periodic cost        
Discount rate (as a percent)   3.75%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= coltdef_PensionPlansDefinedBenefitHourlyPlanMember
4.25%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= coltdef_PensionPlansDefinedBenefitHourlyPlanMember
5.50%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= coltdef_PensionPlansDefinedBenefitHourlyPlanMember
Expected return on plan assets (as a percent)   7.50%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= coltdef_PensionPlansDefinedBenefitHourlyPlanMember
8.00%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= coltdef_PensionPlansDefinedBenefitHourlyPlanMember
8.00%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= coltdef_PensionPlansDefinedBenefitHourlyPlanMember
Salaried Plan        
Weighted average assumptions used in determining the year-end benefit obligation        
Discount rate (as a percent) 4.75%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= coltdef_PensionPlansDefinedBenefitSalariedPlanMember
4.75%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= coltdef_PensionPlansDefinedBenefitSalariedPlanMember
4.00%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= coltdef_PensionPlansDefinedBenefitSalariedPlanMember
 
Expected return on plan assets (as a percent)   7.00%coltdef_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationExpectedLongTermReturnOnAssets
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= coltdef_PensionPlansDefinedBenefitSalariedPlanMember
7.50%coltdef_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationExpectedLongTermReturnOnAssets
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= coltdef_PensionPlansDefinedBenefitSalariedPlanMember
 
Number of salaried defined benefit plans 2coltdef_NumberOfSalariedDefinedBenefitPlans
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= coltdef_PensionPlansDefinedBenefitSalariedPlanMember
     
Weighted average assumptions used to determine net periodic cost        
Discount rate (as a percent)   4.00%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= coltdef_PensionPlansDefinedBenefitSalariedPlanMember
4.50%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= coltdef_PensionPlansDefinedBenefitSalariedPlanMember
5.50%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= coltdef_PensionPlansDefinedBenefitSalariedPlanMember
Expected return on plan assets (as a percent)   7.50%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= coltdef_PensionPlansDefinedBenefitSalariedPlanMember
8.00%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= coltdef_PensionPlansDefinedBenefitSalariedPlanMember
8.00%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= coltdef_PensionPlansDefinedBenefitSalariedPlanMember
Postretirement Healthcare Coverage        
Components of cost recognized in other comprehensive loss        
Balance at the beginning of the period   (3,501)us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeLossAfterTax
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember
(2,250)us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeLossAfterTax
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember
 
Change in pension and post-retirement health liabilities   1,655us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember
(1,251)us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember
 
Balance at the end of the period (1,846)us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeLossAfterTax
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember
(1,846)us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeLossAfterTax
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember
(3,501)us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeLossAfterTax
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember
(2,250)us-gaap_DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeLossAfterTax
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember
Estimated amount that will be amortized from accumulated other comprehensive loss into net periodic cost        
Prior service cost/(gain)   (172)us-gaap_DefinedBenefitPlanFutureAmortizationOfPriorServiceCostCredit
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember
   
Actuarial loss   97us-gaap_DefinedBenefitPlanFutureAmortizationOfGainLoss
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember
   
Total   (75)us-gaap_DefinedBenefitPlanAmountToBeAmortizedFromAccumulatedOtherComprehensiveIncomeLossNextFiscalYear
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember
   
Weighted average assumptions used in determining the year-end benefit obligation        
Discount rate (as a percent) 4.50%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember
4.50%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember
3.50%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember
 
Weighted average assumptions used to determine net periodic cost        
Discount rate (as a percent)   3.50%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember
4.25%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember
5.50%us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
/ us-gaap_DefinedBenefitPlansDisclosuresDefinedBenefitPlansAxis
= us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember