PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS (Table)

12 Months Ended

Dec. 31, 2014



Asset Category	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Cash and cash equivalents	$	17,951	$	1,638	$	16,313	$	—
Equity securities- Mutual funds⁽¹⁾	360,691		307,220		53,471		—
Bond funds ⁽²⁾	168,348		115,988		52,360		—
Insurance Contracts ⁽³⁾	10,795		—		—		10,795
Other ⁽⁴⁾	782		—		—		782
December 31, 2013	$	558,567	$	424,846	$	122,144	$	11,577
Cash and cash equivalents	$	24,354	$	871	$	23,483	$	—
Equity securities- Mutual funds ⁽¹⁾	379,467		330,619		48,848		—
Bond funds ⁽²⁾	183,068		122,790		60,278		—
Insurance Contracts⁽³⁾	8,169		—		—		8,169
Other ⁽⁴⁾	771		—		—		771
December 31, 2014	$	595,829	$	454,280	$	132,609	$	8,940



	Pension Benefits									Postretirement Benefits
(In thousands)	2014			2013			2012			2014			2013			2012
Service cost	$	25,262		$	40,170		$	40,274		$	246		$	373		$	448
Interest cost	30,403			27,777			26,303			877			839			939
Expected return on plan assets	(41,746		)	(36,303		)	(33,585		)	—			—			—
Amortization of prior service cost	662			883			1,201			(657		)	(638		)	(629		)
Recognized net actuarial loss	6,827			15,013			11,023			(811		)	(614		)	(682		)
Cost of settlements/curtailments	377			13			—			—			—			—
Net periodic benefit cost (income)	$	21,785		$	47,553		$	45,216		$	(345	)	$	(40	)	$	76



	Pension Benefits						Postretirement Benefits
(In thousands)	2014			2013			2014			2013
Change in benefit obligation:
Beginning of year	$	674,192		$	705,022		$	20,416		$	23,391
Service cost	25,262			40,170			246			373
Interest cost	30,403			27,777			877			839
Plan participants’ contributions	1,734			2,331			364			350
Amendments	178			—			—			(366		)
Actuarial loss (gain)	114,763			(62,534		)	3,276			(2,752		)
Benefits paid	(40,765		)	(34,253		)	(1,929		)	(1,419		)
Business combinations	—			5,809			—			—
Special termination benefits	—			533			—			—
Curtailments/ settlements	—			(9,713		)	—			—
Actual expenses	(1,299		)	(2,206		)	—			—
Currency translation adjustments	(7,108		)	1,256			—			—
End of year	$	797,360		$	674,192		$	23,250		$	20,416



Change in plan assets:
Beginning of year	$	558,567		$	460,202		$	—		$	—
Actual return on plan assets	37,574			82,863			—			—
Employer contribution	46,306			48,074			1,565			1,069
Plan participants’ contributions	1,734			2,331			364			350
Business combinations	—			—			—			—
Benefits paid	(40,765		)	(34,253		)	(1,929		)	(1,419		)
Settlements	(1,299		)	(2,206		)	—			—
Currency translation adjustments	(6,288		)	1,556			—			—
End of year	$	595,829		$	558,567		$	—		$	—

Funded status	$	(201,531	)	$	(115,625	)	$	(23,250	)	$	(20,416	)



	Pension Benefits						Postretirement Benefits
(In thousands)	2014			2013			2014			2013
Amounts recognized on the balance sheet
Noncurrent assets	$	6,041		$	7,142		$	—		$	—
Current liabilities	(3,523		)	(2,620		)	(1,603		)	(1,659		)
Noncurrent liabilities	(204,049		)	(120,147		)	(21,647		)	(18,757		)
Total	$	(201,531	)	$	(115,625	)	$	(23,250	)	$	(20,416	)
Amounts recognized in accumulated other comprehensive income (AOCI)
Net actuarial loss (gain)	$	180,640		$	69,355		$	(8,264	)	$	(12,350	)
Prior service cost	1,990			2,537			(4,686		)	(5,343		)
Total	$	182,630		$	71,892		$	(12,950	)	$	(17,693	)
Amounts in AOCI expected to be recognized in net periodic cost in the coming year:
Loss (gain) recognition	$	15,470		$	5,933		$	(551	)	$	(811	)
Prior service cost recognition	$	619		$	631		$	(657	)	$	(657	)
Accumulated benefit obligation	$	753,878		$	641,892		N/A			N/A
Information for pension plans with an accumulated benefit obligation in excess of plan assets:
Projected benefit obligation	$	770,241		$	604,515		N/A			N/A
Accumulated benefit obligation	726,760			528,148			N/A			N/A
Fair value of plan assets	562,669			473,078			N/A			N/A



	Pension Benefits				Postretirement Benefits
	2014		2013		2014		2013
Weighted-average assumptions in determination of benefit obligation:
Discount rate	3.88	%	4.62	%	3.75	%	4.47	%
Rate of compensation increase	3.37	%	3.94	%	N/A		N/A
Health care cost trends:
Rate assumed for subsequent year	N/A		N/A		5.50	%	8.00	%
Ultimate rate reached in 2019 and 2015, respectively	N/A		N/A		4.59	%	5.00	%
Weighted-average assumptions in determination of net periodic benefit cost:
Discount rate	4.62	%	3.95	%	4.47	%	3.70	%
Expected return on plan assets	8.01	%	7.91	%	N/A		N/A
Rate of compensation increase	3.36	%	3.94	%	N/A		N/A
Health care cost trends:
Rate assumed for subsequent year	N/A		N/A		8.00	%	8.00	%
Ultimate rate reached in 2019 and 2015, respectively	N/A		N/A		5.00	%	5.00	%



(In thousands)	1% Increase		1% Decrease
Total service and interest cost components	$	15	$	(13	)
Postretirement benefit obligation	$	364	$	(301	)



(In thousands)	Insurance Contracts			Other			Total
December 31, 2012	$	10,917		$	728		$	11,645
Actual return on plan assets:
Relating to assets still held at the reporting date	162			35			197
Relating to assets sold during the period	—			—			—
Purchases, sales, and settlements	(542		)	—			(542		)
Transfers in and/or out of Level 3	—			—			—
Foreign currency translation adjustment	258			19			277
December 31, 2013	$	10,795		$	782		$	11,577
Actual return on plan assets:
Relating to assets still held at the reporting date	158			39			197
Relating to assets sold during the period	—			—			—
Purchases, sales, and settlements	(1,818		)	36			(1,782		)
Transfers in and/or out of Level 3	—			—			—
Foreign currency translation adjustment	(966		)	(86		)	(1,052		)
December 31, 2014	$	8,169		$	771		$	8,940