XML 92 R70.htm IDEA: XBRL DOCUMENT v3.8.0.1
Retirement Benefit Plans - Benefit Obligation and Plan Assets (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Change in plan assets:      
Funded status of plan $ (186.4) $ (170.7)  
Amounts recognized in Balance Sheet [Abstract]      
Non-current liabilities (301.6) (294.1)  
NSK Warner [Member]      
Amounts recognized in accumulated other comprehensive Income Loss) [Abstract]      
Net amount [1] 9.7 10.8  
U.S. other postretirement benefit plans [Member]      
Change in benefit obligation [Roll Forward]      
Projected benefit obligation, January 1 119.9 145.3  
Service cost 0.1 0.2 $ 0.2
Interest cost 3.2 4.0 5.7
Plan amendments (0.7) 0.0  
Actuarial loss (gain) 2.2 (14.4)  
Acquisition 0.0 0.0  
Benefits paid (17.7) (15.2)  
Projected benefit obligation, December 31 107.0 119.9 145.3
Change in plan assets:      
Funded status of plan (107.0) (119.9)  
Amounts recognized in Balance Sheet [Abstract]      
Non-current assets 0.0 0.0  
Current liabilities (13.2) (14.5)  
Non-current liabilities (93.8) (105.4)  
Net amount (107.0) (119.9)  
Amounts recognized in accumulated other comprehensive Income Loss) [Abstract]      
Net actuarial loss 20.8 19.9  
Net prior service (credit) cost (15.8) (19.2)  
Net amount [1] 5.0 0.7  
United States | Pension Plan [Member]      
Change in benefit obligation [Roll Forward]      
Projected benefit obligation, January 1 282.5 300.7  
Interest cost 8.9 9.6 11.2
Settlement and curtailment     (48.0)
Actuarial loss (gain) 8.7 (5.7)  
Acquisition 4.0 0.0  
Benefits paid (20.8) (22.1)  
Projected benefit obligation, December 31 283.3 282.5 300.7
Change in plan assets:      
Fair value of plan assets, January 1 229.5 235.8  
Actual return on plan assets 23.5 12.7  
Employer contribution 4.0 2.7  
Settlements     48.0
Acquisition (3.8) 0.0  
Benefits paid 20.7 21.7  
Fair value of plan assets, December 31 240.1 229.5 235.8
Funded status of plan (43.2) (53.0)  
Amounts recognized in Balance Sheet [Abstract]      
Non-current assets 0.0 0.0  
Current liabilities (0.1) (0.1)  
Non-current liabilities (43.1) (52.9)  
Net amount (43.2) (53.0)  
Amounts recognized in accumulated other comprehensive Income Loss) [Abstract]      
Net actuarial loss 111.0 116.9  
Net prior service (credit) cost (6.6) (7.4)  
Net amount [1] 104.4 109.5  
Defined Benefit Plan, Accumulated Benefit Obligation 283.3 282.5  
Non-US [Member] | Pension Plan [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Defined Benefit Plan, Benefit Obligation, Contributions by Plan Participant 0.3 0.4  
Change in benefit obligation [Roll Forward]      
Projected benefit obligation, January 1 528.2 508.5  
Service cost 18.0 16.2 14.9
Interest cost 11.0 12.5 14.1
Plan amendments   0.2  
Settlement and curtailment (3.7) (1.3)  
Actuarial loss (gain) (7.8) 70.2  
Currency translation 63.4 (45.3)  
Acquisition 37.0    
Divestiture   (12.8)  
Benefits paid (17.6) (20.4)  
Projected benefit obligation, December 31 628.8 528.2 508.5
Change in plan assets:      
Fair value of plan assets, January 1 393.8 395.1  
Actual return on plan assets 30.7 54.0  
Employer contribution 14.3 17.0  
Plan participants' contribution 0.3 0.4  
Settlements 3.6 1.3  
Currency translation 46.8 (40.8)  
Divestiture 18.1 10.2  
Other 0.6    
Benefits paid 17.6 20.4  
Fair value of plan assets, December 31 483.4 393.8 $ 395.1
Funded status of plan (145.4) (134.4)  
Amounts recognized in Balance Sheet [Abstract]      
Non-current assets 23.2 4.9  
Current liabilities (3.9) (3.5)  
Non-current liabilities (164.7) (135.8)  
Net amount (145.4) (134.4)  
Amounts recognized in accumulated other comprehensive Income Loss) [Abstract]      
Net actuarial loss 159.0 163.7  
Net prior service (credit) cost 0.8 0.8  
Net amount [1] 159.8 164.5  
Defined Benefit Plan, Accumulated Benefit Obligation $ 602.0 $ 505.5  
[1] AOCI shown above does not include our equity investee, NSK-Warner. NSK-Warner had an AOCI loss of $9.7 million and $10.8 million at December 31, 2017 and 2016, respectively.