XML 132 R96.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Employee Retirement Plans and Postretirement Benefits Projected Benefit Obligation (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Change in benefit obligation:          
Prior year benefit obligation $ 5,576.8 $ 6,388.0      
Service cost, net of expected employee contributions 10.3 14.0      
Interest cost 187.4 187.6      
Actual employee contributions 0.5 0.6      
Actuarial loss (gain) 540.8 (451.1)      
Amendments and special termination benefits (1.4) 7.5      
Benefits paid (394.7) (340.9)      
Curtailment and settlement (193.1) (0.6)      
Foreign currency exchange rate change 144.5 (228.3)      
Benefit obligation at end of year 5,871.1 5,576.8      
Change in plan assets:          
Prior year fair value of assets 5,217.3 5,897.7      
Actual return on plan assets 712.2 (156.1)      
Employer contributions 49.2 53.0      
Actual employee contributions 0.5 0.6      
Settlement (192.9) (0.6)      
Benefits and plan expenses paid (394.7) (340.9)      
Foreign currency exchange rate change 150.5 (236.4)      
Fair value of plan assets at end of year 5,542.1 5,217.3      
Funded status:     $ (329.0) $ (359.5)  
Amounts recognized in the Consolidated Balance Sheets:          
Other non-current assets     434.3 416.7  
Accounts payable and other current liabilities     (46.7) (49.6)  
Pension and postretirement benefits     (716.6) (726.6)  
Net amounts recognized     (329.0) (359.5)  
Funded status:          
Projected benefit obligation 5,871.1 6,388.0 5,871.1 5,576.8 $ 6,388.0
Fair value of plan assets 5,542.1 5,897.7 5,542.1 5,217.3 5,897.7
Amounts in Accumulated Other Comprehensive Loss (Income) not yet recognized as components of net periodic pension cost or (benefit), pre-tax:          
Net actuarial (gain) loss     518.2 496.1  
Net prior service cost     2.2 4.6  
Total not yet recognized     520.4 500.7 562.0
Pension Plan [Member]          
Change in benefit obligation:          
Prior year benefit obligation 4,904.7 5,584.4      
Service cost, net of expected employee contributions 3.3 4.7      
Interest cost 161.9 161.8      
Actual employee contributions 0.5 0.6      
Actuarial loss (gain) 533.4 (342.3)      
Amendments and special termination benefits (1.4) 10.7      
Benefits paid (350.6) (296.8)      
Curtailment and settlement (192.9) (0.6)      
Foreign currency exchange rate change 139.7 (217.8)      
Benefit obligation at end of year 5,198.6 4,904.7      
Change in plan assets:          
Prior year fair value of assets 5,217.3 5,897.7      
Actual return on plan assets 712.2 (156.1)      
Employer contributions 5.1 8.9      
Actual employee contributions 0.5 0.6      
Settlement (192.9) (0.6)      
Benefits and plan expenses paid (350.6) (296.8)      
Foreign currency exchange rate change 150.5 (236.4)      
Fair value of plan assets at end of year 5,542.1 5,217.3      
Funded status:     343.5 312.6  
Amounts recognized in the Consolidated Balance Sheets:          
Other non-current assets     434.3 416.7  
Accounts payable and other current liabilities     (4.1) (4.5)  
Pension and postretirement benefits     (86.7) (99.6)  
Net amounts recognized     343.5 312.6  
Accumulated benefit obligation     5,200.0 4,900.0  
Improvement in net underfunded status of aggregate pension and OPEB plans (30.5)        
Funded status:          
Accumulated benefit obligation     5,200.0 4,900.0  
Projected benefit obligation 5,198.6 5,584.4 5,198.6 4,904.7 5,584.4
Fair value of plan assets 5,217.3 5,217.3 5,542.1 5,217.3 5,897.7
Amounts in Accumulated Other Comprehensive Loss (Income) not yet recognized as components of net periodic pension cost or (benefit), pre-tax:          
Net actuarial (gain) loss     685.7 687.8  
Net prior service cost     7.1 10.2  
Total not yet recognized     692.8 698.0 646.9
Pension Plan [Member] | Accumulated Benefit Obligations In Excess Of Plan Assets [Member]          
Amounts recognized in the Consolidated Balance Sheets:          
Accumulated benefit obligation     793.6 742.1  
Funded status:          
Accumulated benefit obligation     793.6 742.1  
Pension Plan [Member] | Projected Benefit Obligation In Excess Of Plan Assets [Member]          
Change in benefit obligation:          
Prior year benefit obligation 742.4        
Benefit obligation at end of year 794.0 742.4      
Funded status:          
Projected benefit obligation 742.4 742.4 794.0 742.4  
Pension Plan [Member] | Accumulated Benefit and Projected Benefit Obligations in Excess of Plan Assets [Member]          
Change in plan assets:          
Prior year fair value of assets 638.3        
Fair value of plan assets at end of year 703.2 638.3      
Funded status:          
Fair value of plan assets 638.3 638.3 703.2 638.3  
Other Postretirement Benefits Plan [Member]          
Change in benefit obligation:          
Prior year benefit obligation 672.1 803.6      
Service cost, net of expected employee contributions 7.0 9.3      
Interest cost 25.5 25.8      
Actual employee contributions 0.0 0.0      
Actuarial loss (gain) 7.4 (108.8)      
Amendments and special termination benefits 0.0 (3.2)      
Benefits paid (44.1) (44.1)      
Curtailment and settlement (0.2) 0.0      
Foreign currency exchange rate change 4.8 (10.5)      
Benefit obligation at end of year 672.5 672.1      
Change in plan assets:          
Prior year fair value of assets 0.0 0.0      
Actual return on plan assets 0.0 0.0      
Employer contributions 44.1 44.1      
Actual employee contributions 0.0 0.0      
Settlement 0.0 0.0      
Benefits and plan expenses paid (44.1) (44.1)      
Foreign currency exchange rate change 0.0 0.0      
Fair value of plan assets at end of year 0.0 0.0      
Funded status:     (672.5) (672.1)  
Amounts recognized in the Consolidated Balance Sheets:          
Other non-current assets     0.0 0.0  
Accounts payable and other current liabilities     (42.6) (45.1)  
Pension and postretirement benefits     (629.9) (627.0)  
Net amounts recognized     (672.5) (672.1)  
Funded status:          
Projected benefit obligation 672.1 672.1 672.5 672.1 803.6
Fair value of plan assets $ 0.0 $ 0.0 0.0 0.0 0.0
Amounts in Accumulated Other Comprehensive Loss (Income) not yet recognized as components of net periodic pension cost or (benefit), pre-tax:          
Net actuarial (gain) loss     (167.5) (191.7)  
Net prior service cost     (4.9) (5.6)  
Total not yet recognized     $ (172.4) $ (197.3) $ (84.9)