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Employee Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2015
Defined Benefit Plan Disclosure [Line Items]  
Schedule of Changes in Benefit Obligations
The changes in the benefit obligation and plan assets, the funded status of the plans and the amounts recognized in the Consolidated Balance Sheets are as follows (in millions):
 
U.S. Plans
 
Non-U.S. Plans
 
Dec 31, 2015
 
Dec 31, 2014
 
Dec 31, 2015
 
Dec 31, 2014
Changes in Benefit Obligation:
 
 
 
 
 
 
 
Beginning benefit obligation
$
191.0

 
$
169.9

 
$
142.6

 
$
134.3

Impact of foreign currency exchange rate change

 

 
(20.2
)
 
(16.7
)
Transfers

 

 
(0.2
)
 

Service cost
1.5

 
1.6

 
4.6

 
4.0

Interest cost
7.3

 
8.0

 
3.4

 
5.0

Curtailment (gain) loss

 
(0.3
)
 
(0.3
)
 
(0.1
)
Settlement (gain) loss

 

 
(2.7
)
 
(5.7
)
Benefits paid
(13.8
)
 
(10.2
)
 
(8.0
)
 
(5.2
)
Employee contributions

 

 
0.4

 
0.4

Amendments / Change in assumptions
(0.1
)
 
(0.2
)
 
0.1

 

Actuarial (gain) loss
(10.9
)
 
22.2

 
(3.9
)
 
26.6

Ending benefit obligation
$
175.0

 
$
191.0

 
$
115.8

 
$
142.6

Changes in Plan Assets:
 
 
 
 
 
 
 
Beginning fair value of plan assets
$
140.9

 
$
142.9

 
$
45.7

 
$
50.6

Impact of foreign currency exchange rate change

 

 
(7.4
)
 
(4.3
)
Employee contributions

 

 
0.4

 
0.4

Actual return on plan assets
(0.1
)
 
6.1

 
1.4

 
4.5

Company contributions
5.1

 
2.1

 
8.3

 
5.4

Settlements

 

 
(2.7
)
 
(5.7
)
Benefits paid
(13.8
)
 
(10.2
)
 
(8.0
)
 
(5.2
)
Ending fair value of plan assets
$
132.1

 
$
140.9

 
$
37.7

 
$
45.7

Funded status at end of year
$
(42.9
)
 
$
(50.1
)
 
$
(78.1
)
 
$
(96.9
)
Amounts Recognized in Consolidated Balance Sheets:
 
 
 
 
 
 
 
Other Assets
$

 
$

 
$
2.0

 
$
2.8

Accrued liabilities
$
(0.3
)
 
$
(0.4
)
 
$
(3.5
)
 
$
(4.4
)
Other liabilities
$
(42.6
)
 
$
(49.7
)
 
$
(76.6
)
 
$
(95.3
)
Recognized in Accumulated Other Comprehensive Income:
 
 
 
 
 
 
 
Net actuarial loss
$
68.8

 
$
77.3

 
$
25.4

 
$
34.3

Prior service cost
(0.2
)
 
(0.3
)
 
2.0

 
3.4

 
$
68.6

 
$
77.0

 
$
27.4

 
$
37.7

Schedule of Accumulated Benefit Obligations
Pension plans with accumulated benefit obligations in excess of plan assets consist of the following (in millions):
 
U.S. Plans
 
Non-U.S. Plans
 
Dec 31, 2015
 
Dec 31, 2014
 
Dec 31, 2015
 
Dec 31, 2014
Projected benefit obligation
$
175.0

 
$
191.0

 
$
100.4

 
$
125.9

Accumulated benefit obligation
174.2

 
190.1

 
95.5

 
117.9

Fair value of the plan assets
132.1

 
140.9

 
36.9

 
44.8

Schedule of Pension Expense
Pension expense included the following components (in millions):
 
U.S. Plans
Year ended
 
Non-U.S. Plans
Year ended
 
Dec 31, 2015
 
Dec 31, 2014
 
Dec 31, 2013
 
Dec 31, 2015
 
Dec 31, 2014
 
Dec 31, 2013
Pension expense:
 
 
 
 
 
 
 
 
 
 
 
Service cost
$
1.5

 
$
1.6

 
$
1.9

 
$
4.6

 
$
4.0

 
$
6.0

Interest cost
7.3

 
8.0

 
7.2

 
3.4

 
5.0

 
5.5

Expected return on plan assets
(10.2
)
 
(10.4
)
 
(9.4
)
 
(2.4
)
 
(3.0
)
 
(2.7
)
Amortization of prior service cost

 
0.1

 
0.1

 
0.7

 
0.9

 
1.2

Amortization of net loss
7.7

 
4.8

 
8.5

 
1.6

 
0.1

 
1.0

Amortization of transition obligation

 

 

 

 
0.2

 
0.1

Curtailment (gain) loss

 
(0.1
)
 

 

 
0.3

 

Settlement (gain) loss

 

 

 
0.9

 
2.7

 
0.1

Net pension expense
$
6.3

 
$
4.0

 
$
8.3

 
$
8.8

 
$
10.2

 
$
11.2

Schedule of Weighted Average Assumptions Used in Determining Benefit Obligations and Net Pension Expense
The weighted average assumptions used in determining benefit obligations were:
 
U.S. Plans
 
Non-U.S. Plans
 
Dec 31, 2015
 
Dec 31, 2014
 
Dec 31, 2015
 
Dec 31, 2014
Discount rate
4.30
%
 
4.02
%
 
2.81
%
 
2.93
%
Expected rate of increase in future compensation levels
2.50
%
 
2.50
%
 
3.10
%
 
3.26
%
The weighted average assumptions used to determine net pension expense were:
 
U.S. Plans
 
Non-U.S. Plans
 
Dec 31, 2015
 
Dec 31, 2014
 
Dec 31, 2013
 
Dec 31, 2015
 
Dec 31, 2014
 
Dec 31, 2013
Discount rate
4.00
%
 
4.85
%
 
4.12
%
 
3.11
%
 
4.25
%
 
4.13
%
Expected rate of increase in future compensation levels
2.50
%
 
2.50
%
 
2.00
%
 
3.56
%
 
3.64
%
 
3.72
%
Long-term expected rate of return on plan assets
7.50
%
 
7.50
%
 
7.50
%
 
6.36
%
 
6.55
%
 
6.07
%
Schedule of Allocation of Plan Assets
The fair value of the Company’s pension plan assets at December 31, 2015 by asset category are as follows (in millions):
 
 
 
 
Quoted prices in Active
Markets for Identical
 
Significant Observable
 
Significant
Unobservable
Asset Category
 
Total
 
Assets (Level 1)
 
Inputs (Level 2)
 
Inputs (Level 3)
Equity Securities
 
$
70.0

 
$
47.7

 
$
22.3

 
$

Mutual Funds - Equity Securities
 
37.4

 
37.4

 

 

Mutual Funds - Fixed Income
 
39.6

 
39.6

 

 

Short Term Investments
 
2.8

 

 
2.8

 

Equitable Contract
 
1.1

 

 
1.1

 

Fixed Income
 
15.4

 

 
15.4

 

Coal Lease (1)
 
3.5

 

 

 
3.5

Total
 
$
169.8

 
$
124.7

 
$
41.6

 
$
3.5

The fair value of the Company’s pension plan assets at December 31, 2014 by asset category are as follows (in millions):
 
 
 
 
Quoted prices in Active
Markets for Identical
 
Significant Observable
 
Significant
Unobservable
Asset Category
 
Total
 
Assets (Level 1)
 
Inputs (Level 2)
 
Inputs (Level 3)
Equity Securities
 
$
99.4

 
$
73.1

 
$
26.3

 
$

Mutual Funds - Equity Securities
 
20.9

 
20.9

 

 

Mutual Funds - Fixed Income
 
39.0

 
39.0

 

 

Short Term Investments
 
4.3

 

 
4.3

 

Equitable Contract
 
1.1

 

 
1.1

 

Fixed Income
 
18.2

 

 
18.2

 

Coal Lease (1)
 
3.7

 

 

 
3.7

Total
 
$
186.6

 
$
133.0

 
$
49.9

 
$
3.7

(1)
The Company’s interest represents approximately 26% of the lease which is currently between American Premier Underwriters (APU), the Lessor and CONSOL Energy (CONSOL), the Lessee. The lease pertains to real property mined by CONSOL located in Pennsylvania.
Schedule of Fair Value Measurements Using Significant Inputs
The following table represents details of the fair value measurements using significant unobservable inputs (Level 3):
 
Coal Lease
Beginning balance at January 1, 2014
$
4.0

Change in fair value of plan assets
(0.3
)
Ending balance December 31, 2014
$
3.7

Change in fair value of plan assets
(0.2
)
Ending balance at December 31, 2015
$
3.5