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Pension, Savings, And Other Employee Benefits (Tables)
12 Months Ended
Dec. 31, 2013
Pension, Savings, And Other Employee Benefits [Abstract]  
Schedule of Actuarial Assumptions Used In The Defined Benefit Pension Plan And Other Employee Benefit Plans
The actuarial assumptions used in the defined benefit pension plan and other employee benefit plans were as follows:  
                    
  Benefit Obligations Net Periodic Benefit Cost 
  2013 2012 2011 2013 2012 2011 
Discount rate                   
Qualified pension 5.15%  4.35%  5.10%  4.35%  5.10%  5.70%  
Nonqualified pension 4.70%  3.85%  4.75%  3.85%  4.75%  5.10%  
Other nonqualified pension 4.05%  3.20%  4.40%  3.20%  4.40%  4.75%  
Postretirement benefits 4.10% - 5.35% 3.80% - 4.55% 4.75% - 5.25% 3.80% - 4.55% 4.75% - 5.25% 5.25% - 5.95% 
Expected long-term rate of return                   
Qualified pension/postretirement benefits 6.60%  6.05%  6.90%  6.05%  6.90%  8.00%  
Postretirement benefit (retirees prior to January 1, 1993) 2.85%  3.93%  4.49%  3.93%  4.49%  5.20%  
Rate of compensation increase (a) N/A  4.10%  4.10%  N/A  4.10%  4.10%  
                    

(a) Due to the pension plan freeze as of December 31, 2012, the rate of compensation increase no longer applies to the qualified pension plan.

 

Schedule Of Assumed Health Care Cost Trend Rates Used In Other Employee Benefit Plan
The assumed health care cost trend rates used in the other employee benefit plan was as follows:
             
  2013 (a) 2012
Assumed health care cost trend rates on December 31 Participants under age 65Participants 65 years and older Participants under age 65 Participants 65 years and older
        
Health care cost trend rate assumed for next yearN/A N/A  7.50% 7.50% 
Rate to which the cost trend rate is assumed to decline (the ultimate trend rate)N/A N/A  5.00% 5.00% 
Year that the rate reaches the ultimate trend rateN/A N/A  2019  2019  
             
(a)Beginning in 2013, participants are no longer included in FHN's self-funded plan.
Schedule Of Health Care Cost Trend Rate Assumption Has A Significant Effect On The Amounts Reported
The health care cost trend rate assumption has a significant effect on the amounts reported. A one-percentage-point change in assumed health care cost trend rates would have the following effects:
        
(Dollars in thousands) 1% Increase 1% Decrease 
Adjusted total service and interest cost components$ 808 $ 772 
Adjusted postretirement benefit obligation at end of plan year (a)  7,202   7,202 
        
(a)Due to the pension plan freeze on December 31, 2012, trend rate assumptions no longer have an impact on benefit obligation.
Schedule Of Components Of Net Periodic Benefit Cost
The components of net periodic benefit cost for the plan years 2013, 2012 and 2011 are as follows:       
                   
  Total Pension Benefits  Other Benefits 
(Dollars in thousands) 2013  2012  2011  2013  2012  2011 
Components of net periodic benefit cost                  
Service cost (a)$ 63 $ 14,800 $ 15,358 $ 460 $ 467 $ 542 
Interest cost  32,361   33,040   32,823   2,033   2,298   2,213 
Expected return on plan assets  (34,946)   (39,813)   (46,885)   (816)   (915)   (1,188) 
Amortization of unrecognized:                  
Transition (asset)/obligation  -   -   -   -   736   986 
Prior service cost/(credit)  353   398   417   (299)   (9)   (9) 
Actuarial (gain)/loss (b)  9,832   35,999   21,219   (171)   (488)   (1,057) 
Net periodic benefit cost  7,663   44,424   22,932   1,207   2,089   1,487 
ASC 715 curtailment/settlement expense (c)  370   1,231   -   -   -   - 
ASC 715 special termination benefits  -   -   258   -   -   - 
Total periodic benefit costs$ 8,033 $ 45,655 $ 23,190 $ 1,207 $ 2,089 $ 1,487 
                   
 

(a)        2013 decline in total pension benefits service cost reflects the freeze of the pension plans effective December 31, 2012.

(b)        2013 decline in recognition of total pension benefits actuarial loss driven by the change in amortization term from the estimated average remaining service period of active employees to the estimated average remaining life expectancy of the remaining participants in conjunction with the freeze of the pension plans on December 31, 2012.

(c)        In 2013 and 2012, lump sum payments under the supplemental retirement plan triggered settlement accounting. In accordance with its practice, FHN performed a remeasurement of the plan in conjunction with the settlement and realized an ASC 715 settlement expense.

Schedule Of Plans' Benefit Obligations And Plan Assets
The following tables set forth the plans' benefit obligations and plan assets for 2013 and 2012:       
             
 Total Pension Benefits Other Benefits 
(Dollars in thousands)2013 2012 2013 2012 
Change in Benefit Obligation            
Benefit obligation, beginning of year$ 766,947 $ 670,056 $ 54,716 $ 45,868 
Service cost (a)  63   14,800   460   467 
Interest cost  32,361   33,040   2,033   2,298 
Plan amendments  -   -   (10,678)   - 
Actuarial (gain)/loss (b)  (78,617)   76,021   (7,237)   7,815 
Actual benefits paid  (27,038)   (26,970)   (1,030)   (1,933) 
Expected Medicare Part D reimbursement  -   -   200   201 
Benefit obligation, end of year$ 693,716 $ 766,947 $ 38,464 $ 54,716 
             
Change in Plan Assets            
Fair value of plan assets, beginning of year$ 633,972 $ 575,790 $ 14,288 $ 14,615 
Actual return on plan assets  28,699   78,172   2,659   1,266 
Employer contributions  4,972   6,980   443   340 
Actual benefits paid - settlement payments  (1,160)   (3,477)   (1,030)   (1,933) 
Actual benefits paid - other payments  (25,878)   (23,493)   -   - 
Fair value of plan assets, end of year$ 640,605 $ 633,972 $ 16,360 $ 14,288 
             
Funded status of the plans$ (53,111) $ (132,975) $ (22,104) $ (40,428) 
             
Amounts Recognized in the Statements of             
Financial Condition            
Other assets$ - $ - $ 9,158 $ - 
Other liabilities  (53,111)   (132,975)   (31,262)   (40,428) 
Net asset/(liability) at end of year$ (53,111) $ (132,975) $ (22,104) $ (40,428) 
             

(a)       2013 decline in total pension benefits service cost reflects the freeze of the pension plans effective December 31, 2012.

(b)        2013 change in recognition of total pension benefits actuarial (gain)/loss driven by the change in amortization term from the estimated average remaining service period of active employees to the estimated average remaining life expectancy of the remaining participants in conjunction with the freeze of the pension plans on December 31, 2012. 2013 change in other benefits actuarial (gain)/loss driven by a change in the retiree medical plan.

Schedule Of Defined Benefit Plan Balances Reflected In Accumulated Other Comprehensive Income On Pre-Tax Basis

Balances reflected in accumulated other comprehensive income on a pre-tax basis for the years ended December 31, 2013 and 2012 consist of:

 Total Pension Benefits Other Benefits 
(Dollars in thousands)2013 2012 2013 2012 
Amounts Recognized in Accumulated Other Comprehensive Income            
Prior service cost/(credit)$927 $1,280 $(9,740) $639 
Net actuarial (gain)/loss 241,941  324,513  (8,429)  480 
Total$242,868 $325,793 $(18,169) $1,119 
Schedule Of Changes In Plan Assets And Benefit Obligation Recognied In Other Comprehensive Income On Pre-Tax Basis
The pre-tax amounts recognized in other comprehensive income during 2013 and 2012 were as follows:     
              
  Total Pension Benefits Other Benefits 
(Dollars in thousands)2013 2012 2013 2012 
Changes in plan assets and benefit obligation recognized in other comprehensive income            
Net actuarial (gain)/loss arising during measurement period$ (72,376) $ 37,646 $ (9,080) $ 7,464 
Prior service cost/(credit) arising during measurement period  -   -   (10,678)   - 
Items amortized during the measurement period:            
 Net transition (asset)/obligation  -   -   -   (736) 
 Prior service credit/(cost)  (353)   (398)   299   9 
 Net actuarial gain/(loss)  (10,202)   (37,230)   171   488 
Total recognized in other comprehensive income$ (82,931) $ 18 $ (19,288) $ 7,225 
Schedule Of Estimated Amounts In Accumulated Other Comprehensive Income Loss To Be Recognized Over Next Fiscal Year Into Net Periodic Benefit Cost
The estimated net actuarial (gain)/loss, prior service cost/(credit), and transition (asset)/obligation for the plan that will amortize from accumulated other comprehensive income into net periodic benefit cost during the following fiscal year are as follows:  
             
 Total Pension Benefits Other Benefits 
(Dollars in thousands)2013 2012 2013 2012 
Prior service cost/(credit)$ 346 $ 353 $ (1,163) $ 34 
Net actuarial (gain)/loss  6,539   9,601   (755)   67 
             
Schedule Of Expected Benefit Payment
The following table provides detail on expected benefit payments, which reflect expected future service, as appropriate:
       
  Pension   Other  
(Dollars in thousands) Benefits   Benefits  
2014$ 28,300 $ 1,966 
2015  30,719   2,022 
2016  33,045   2,076 
2017  34,925   2,139 
2018  36,749   2,200 
2019-2023  210,017   11,994 
Schedule of Fair Value of Pension Plan Assets By Asset Category

The fair value of FHN's pension plan assets at December 31, 2013 and December 31, 2012, by asset category classified using the Fair Value measurement hierarchy is shown in the table below. See Note 22 – Fair Value of Assets and Liabilities for more details about Fair Value measurements.

 December 31, 2013 
(Dollars in thousands)Level 1  Level 2  Level 3 Total  
Cash equivalents and money market funds$ 9,347 $ - $ - $ 9,347 
Equity securities:            
U.S. mid and small capital  63,834   -   -   63,834 
Fixed income securities:            
U.S. treasuries  -   4,585   -   4,585 
Corporate, municipal and foreign bonds  -   199,896   -   199,896 
Common and collective funds:             
Corporate and foreign bonds  -   205,580   -   205,580 
U.S. large capital  -   102,702   -   102,702 
International  -   54,661   -   54,661 
Total $ 73,181 $ 567,424 $ - $ 640,605 
             

 December 31, 2012
(Dollars in thousands)Level 1  Level 2  Level 3 Total
Cash equivalents and money market funds$ 10,198 $ - $ - $ 10,198
Equity securities:           
U.S. mid and small capital  67,263   -   -   67,263
Mutual funds  364   -   -   364
Fixed income securities:           
U.S. treasuries  -   7,778   -   7,778
Corporate and foreign bonds  -   180,309   -   180,309
Common and collective funds:            
Corporate and foreign bonds  -   194,205   -   194,205
U.S. large capital  -   112,311   -   112,311
International  -   61,544   -   61,544
Total $ 77,825 $ 556,147 $ - $ 633,972
Schedule of Fair Value Of Retiree Medical Plan Assets By Asset Category
The fair value of FHN's retiree medical plan assets at December 31, 2013 and December 31, 2012 by asset category are as follows:    
              
  December 31, 2013 
(Dollars in thousands) Level 1  Level 2  Level 3 Total  
Cash equivalents and money market funds $ 600 $ - $ - $ 600 
Equity securities:             
U.S. small capital   1,613   -   -   1,613 
Mutual funds:              
Equity mutual funds   9,102   -   -   9,102 
Fixed income mutual funds   4,511   -   -   4,511 
Fixed income securities:             
U.S. treasuries   -   119   -   119 
Corporate and foreign bonds   -   415   -   415 
Total  $ 15,826 $ 534 $ - $ 16,360 

  December 31, 2012 
(Dollars in thousands) Level 1  Level 2  Level 3 Total  
Cash equivalents and money market funds $ 632 $ - $ - $ 632 
Equity securities:             
U.S. small capital   1,428   -   -   1,428 
Mutual funds:             
Equity mutual funds   7,312   -   -   7,312 
Fixed income mutual funds   4,260   -   -   4,260 
Fixed income securities:             
U.S. treasuries   -   139   -   139 
Corporate and foreign bonds   -   517   -   517 
Total  $ 13,632 $ 656 $ - $ 14,288 
              
The number of shares of FHN common stock held by the qualified pension plan was 792,607 for 2013 and 2012.