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Note 17 - Other Postretirement Benefits (Tables)
12 Months Ended
Dec. 31, 2015
Note 17 - Other Postretirement Benefits (Tables) [Line Items]  
Schedule of Changes in Projected Benefit Obligations [Table Text Block]

(in millions)

 

Year Ended
December 31, 2015

   

Year Ended
December 31, 2014

 
   

U.S.

   

Non-U.S.

   

U.S.

   

Non-U.S.

 

Change in Benefit Obligation

                               
                                 

Projected benefit obligation at beginning of period

  $ 4,438     $ 918     $ 4,361     $ 960  

Transfers

                      (31

)

Service cost

    17       3       18       4  

Interest cost

    148       17       176       30  

Plan amendments

                (61

)

     

Benefit payments

    (478

)

    (51

)

    (339

)

    (61

)

Actuarial (gain) loss

    (35

)

    (24

)

    567       119  

Settlements

                (292

)

     

Special termination benefits

    9             8        

Currency adjustments

          (63

)

          (103

)

Projected benefit obligation at end of period

  $ 4,099     $ 800     $ 4,438     $ 918  
                                 

Change in Plan Assets

                               
                                 

Fair value of plan assets at beginning of period

  $ 4,160     $ 795     $ 4,184     $ 833  

Transfers

                      (9

)

Gain on plan assets

    111       31       607       111  

Employer contributions

          4             7  

Settlements

                (292

)

     

Benefit payments

    (478

)

    (51

)

    (339

)

    (61

)

Currency adjustments

          (51

)

          (86

)

Fair value of plan assets at end of period

  $ 3,793     $ 728     $ 4,160     $ 795  
                                 

Under Funded Status at end of period

  $ (306

)

  $ (72

)

  $ (278

)

  $ (123

)

                                 

Accumulated benefit obligation at end of period

  $ 4,098     $ 792     $ 4,436     $ 907  
Schedule of Amounts from Other Post-retirement Plan Recognized in Balance Sheet [Table Text Block]
   

As of December 31,

 

(in millions)

 

2015

   

2014

 

Other current liabilities

  $ (5

)

  $ (8

)

Pension and other postretirement liabilities

    (73

)

    (78

)

    $ (78

)

  $ (86

)

Schedule of Amounts Recognized in Accumulated Other Comprehensive Income (Loss) [Table Text Block]
   

As of December 31,

 

(in millions)

 

2015

   

2014

 

Net actuarial gain

  $ (8

)

  $  

Total recorded in Accumulated other comprehensive income

  $ (8

)

  $  
Schedule of Other Post-retirement Plan Recognized in Other Comprehensive Income (Loss) [Table Text Block]
   

Year Ended December 31,

 

(in millions)

 

2015

   

2014

 

Newly established loss

  $ (8

)

  $ (2

)

Total loss recognized in Other comprehensive (loss) income

  $ (8

)

  $ (2

)

Schedule of Other Post-retirement Plan, Net Benefit Costs [Table Text Block]
   

Successor

   

Predecessor

 

(in millions)

 

Year Ended
December 31,

2015

   

Year Ended
December 31,

2014

   

Four Months
Ended
December 31,

2013

   

Eight Months
Ended

August 31,
2013

 
                                 

Components of net postretirement benefit cost:

                               

Service cost

  $     $     $     $  

Interest cost

    3       4       1       3  

Amortization of:

                               

Prior service credit

                      (75

)

Actuarial loss

                      3  

Other postretirement benefit cost (income) from continuing operations

  $ 3     $ 4     $ 1     $ (69

)

Schedule of Assumptions Used to Calculate Other Post-retirement Plan, Net Benefit Obligation [Table Text Block]
   

Year Ended December 31,

 
   

2015

   

2014

 

Discount rate

    3.60

%

    3.49

%

Salary increase rate

    1.80

%

    2.60

%

Schedule of Assumptions Used to Calculate Other Post-retirement Plan Net Benefit Costs [Table Text Block]
   

Successor

   

Predecessor

 
   

Year Ended
December 31,

2015

   

Year Ended
December 31,

2014

   

Four Months
Ended
December 31,

2013

   

Eight Months
Ended

August 31,
2013

 

Discount rate

    3.49

%

    4.28

%

    4.09

%

    3.23

%

Salary increase rate

    2.60

%

    2.50

%

    2.50

%

    2.50

%

Other Post-retirement Benefits, Schedule of Health Care Cost Trend Rates [Table Text Block]
   

2015

   

2014

 

Healthcare cost trend

    5.81

%

    6.47

%

Rate to which the cost trend rate is assumed to decline (the ultimate trend rate)

    4.21

%

    4.65

%

Year that the rate reaches the ultimate trend rate

 

2022

   

2021

 
Schedule of Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates [Table Text Block]

(in millions)

 

1% increase

   

1% decrease

 

Effect on total service and interest cost

  $     $  

Effect on postretirement benefit obligation

    4       (4

)

Schedule of Expected Other Post-retirement Benefit Payments [Table Text Block]

(in millions)

       

2016

      $ 5  

2017

        5  

2018

        5  

2019

        4  

2020

        4  
2021 - 2025     19  
Other Postretirement Benefit Plan [Member]  
Note 17 - Other Postretirement Benefits (Tables) [Line Items]  
Schedule of Changes in Projected Benefit Obligations [Table Text Block]
   

Year Ended December 31,

 

(in millions)

 

2015

   

2014

 

Net benefit obligation at beginning of period

  $ 86     $ 95  

Interest cost

    3       4  

Plan participants’ contributions

    7       9  

Actuarial (gain) loss

    (8

)

    2  

Benefit payments

    (12

)

    (18

)

Currency adjustments

    2       (6

)

Net benefit obligation at end of period

  $ 78     $ 86  
                 

Underfunded status at end of period

  $ (78

)

  $ (86

)