XML 102 R69.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Pension, Health Care and Postretirement Benefits Other Than Pensions - Summary of the Obligation and the Assumptions Used for Postretirement Benefits Other than Pensions (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Liabilities recognized in the Consolidated Balance Sheets:      
Postretirement benefits other than pensions $ (263.0) $ (257.6) $ (274.7)
Other accruals (989.1) (1,141.1) (972.7)
Postretirement Benefits Other than Pensions      
Benefit obligation:      
Balances at beginning of year 274.6 290.8 265.1
Service cost 1.5 2.0 2.1
Interest cost 11.2 10.2 10.8
Acquisition 17.0
Actuarial loss (gain) 12.8 (9.1) 11.6
Plan amendments (0.1)
Benefits paid (19.6) (19.2) (15.8)
Balances at end of year 280.5 274.6 290.8
Liabilities recognized in the Consolidated Balance Sheets:      
Postretirement benefits other than pensions (263.0) (257.6) (274.7)
Other accruals (17.5) (17.0) (16.1)
Total liabilities recognized (280.5) (274.6) (290.8)
Amounts recognized in AOCI:      
Net actuarial losses (45.1) (32.8) (44.1)
Prior service credits 1.1 6.1 12.6
Total amounts recognized $ (44.0) $ (26.7) $ (31.5)
Weighted-average assumptions used to determine benefit obligation:      
Discount rate 3.22% 4.21% 3.61%
Health care cost trend rate - pre-65 6.38% 6.69% 7.00%
Health care cost trend rate - post-65 5.25% 4.94% 5.00%
Prescription drug cost increases 9.00% 9.75% 11.00%
Employer Group Waiver Plan (EGWP) trend rate 9.00% 9.75% 11.00%
Weighted-average assumptions used to determine net periodic benefit cost:      
Discount rate 4.21% 3.61% 4.10%
Health care cost trend rate - pre-65 6.69% 7.00% 6.00%
Health care cost trend rate - post-65 4.94% 5.00% 5.50%
Prescription drug cost increases 9.75% 11.00% 10.50%