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Pension and Postretirement Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2014
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule of Allocation of Plan Assets
The plans’ weighted-average asset allocations by asset category are as follows:
 
December 31, 2014
 
December 28, 2013
Cash
6
%
 
12
%
Equity Securities
27
%
 
30
%
Fixed Income Securities
67
%
 
58
%
Total
100
%
 
100
%
Schedule of Expected Benefit Payments
The expected level of payments to, or on the behalf of, participants is as follows:
In thousands
Pension
 
Postretirement
2015
$
10,833

 
$
393

2016
10,526

 
385

2017
10,898

 
377

2018
11,316

 
370

2019
11,619

 
363

2020 to 2024
65,189

 
1,715

Pension Plans  
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule of Net Funded Status
The following table details information regarding the Company's pension plans:
In thousands
U.S. Pension Plans
 
Non-U.S. Pension Plans
Fiscal Year
Ended
December 31,
2014
 
Fiscal Year
Ended
December 28,
2013
 
Fiscal Year
Ended
December 31,
2014
 
Fiscal Year
Ended
December 28,
2013
Pension Plans
 
 
 
 
 
 
 
Change in Projected Benefit Obligation:
 
 
 
 
 
 
 
Benefit obligation at beginning of year
$
(98,320
)
 
$
(16,309
)
 
$
(138,304
)
 
$
(131,580
)
Service costs
(322
)
 
(4
)
 
(2,995
)
 
(3,398
)
Interest costs
(4,416
)
 
(1,067
)
 
(5,356
)
 
(4,980
)
Participant contributions

 

 
(171
)
 
(170
)
Acquisition / transfers

 
(84,932
)
 
(2,594
)
 
(1,602
)
Plan amendments

 

 

 
622

Actuarial gain / (loss)
(18,229
)
 
2,670

 
(39,661
)
 
2,273

Settlements / curtailments

 

 
204

 

Benefit payments
6,261

 
1,322

 
4,959

 
4,917

Currency translation

 

 
20,768

 
(4,386
)
Benefit obligation at end of year
$
(115,026
)
 
$
(98,320
)
 
$
(163,150
)
 
$
(138,304
)
Change in Plan Assets:
 
 
 
 
 
 
 
Fair value at beginning of year
$
98,822

 
$
12,172

 
$
144,331

 
$
139,064

Actual return on plan assets
10,776

 
2,270

 
41,160

 
(877
)
Employer and participant contributions
721

 
721

 
4,938

 
4,788

Acquisition / transfers

 
84,981

 

 
1,203

Settlements / curtailments

 

 
(204
)
 
(263
)
Benefit payments
(6,261
)
 
(1,322
)
 
(4,959
)
 
(4,618
)
Currency translation

 

 
(21,103
)
 
5,034

Fair value at end of year
$
104,058

 
$
98,822

 
$
164,163

 
$
144,331

Funded (unfunded) status
$
(10,968
)
 
$
502

 
$
1,013

 
$
6,027

Amounts included in the balance sheet:
 
 
 
 
 
 
 
Current assets
$

 
$

 
$

 
$

Other noncurrent assets

 

 
10,018

 
12,133

Accounts payable and accrued liabilities

 

 
(1,217
)
 
(346
)
Other noncurrent liabilities
(10,968
)
 
502

 
(7,788
)
 
(5,760
)
Net amount recognized
$
(10,968
)
 
$
502

 
$
1,013

 
$
6,027

Weighted average assumptions used:
 
 
 
 
 
 
 
Return on plan assets
5.9 - 7.0%

 
5.9 - 7.0%

 
3.0 - 5.5%

 
3.0 - 5.5%

Discount rate
3.7 - 4.0%

 
4.6
%
 
1.7 - 8.0%

 
3.4 - 8.0%

Salary and wage escalation rate
N/A

 
N/A

 
2.0 - 4.5%

 
2.8 - 4.5%

Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year
The following table summarizes the pretax amounts recorded in Accumulated other comprehensive income (loss) for the Company’s pension plans as of December 31, 2014 and December 28, 2013:
In thousands
U.S. Pension Plans
 
Non-U.S. Pension Plans
December 31, 2014
 
December 28, 2013
 
December 31, 2014
 
December 28, 2013
Transition net asset
$

 
$

 
$

 
$

Net actuarial (gain) loss
14,454

 
1,174

 
15,932

 
12,583

Prior service cost

 

 
(525
)
 

Net amounts recognized
$
14,454

 
$
1,174

 
$
15,407

 
$
12,583

Components of net periodic benefit costs
The components of the Company's pension related costs for the following periods are as follows:
 
U.S. Pension Plans
 
Non-U.S. Pension Plans
In thousands, except percentage data
Fiscal Year
Ended
December 31,
2014
 
Fiscal Year
Ended
December 28,
2013
 
Fiscal Year
Ended
December 29,
2012
 
Fiscal Year
Ended
December 31,
2014
 
Fiscal Year
Ended
December 28,
2013
 
Fiscal Year
Ended
December 29,
2012
Pension Benefit Plans
 
 
 
 
 
 
 
 
 
 
 
Components of net periodic benefit cost:
 
 
 
 
 
 
 
 
 
 
 
Service cost
$
322

 
$
4

 
$

 
$
2,995

 
$
3,398

 
$
2,002

Interest cost
4,416

 
1,067

 
620

 
5,356

 
4,980

 
5,032

Return on plan assets
(5,829
)
 
(1,679
)
 
(899
)
 
(6,487
)
 
(6,574
)
 
(5,462
)
Curtailment / settlement (gain) loss

 

 

 
61

 

 
792

Net amortization of:
 
 
 
 
 
 
 
 
 
 
 
Transition costs and other
3

 
253

 
181

 
1

 
95

 
(238
)
Net periodic benefit cost
$
(1,088
)
 
$
(355
)
 
$
(98
)
 
$
1,926

 
$
1,899

 
$
2,126

Weighted average assumptions used:
 
 
 
 
 
 
 
 
 
 
 
Return on plan assets
5.9 - 7.0%

 
5.9 - 7.0%

 
8.0
%
 
3.0 - 5.5%

 
3.0 - 5.5%

 
1.5 - 6.0%

Discount rate
4.6
%
 
4.6
%
 
3.8
%
 
3.2 - 8.0%

 
3.4 - 8.0%

 
3.7 - 7.0%

Salary and wage escalation rate
N/A

 
N/A

 
N/A

 
1.0 - 4.5%

 
2.8 - 4.5%

 
2.0 - 4.5%

Schedule of Allocation of Plan Assets
The fair value of the Company's pension plan assets at December 31, 2014 by asset category is as follows:
In thousands
Total
 
Level 1
 
Level 2
 
Level 3
Cash
$
3,904

 
$
1,979

 
$
1,925

 
$

Equity securities:
 
 
 
 
 
 
 
U.S. equities (a)
17,191

 
11,269

 
5,922

 

Foreign equities (b)
12,190

 
5,413

 
6,777

 

Global equity funds (c)
42,829

 
13,017

 
29,812

 

Emerging markets (d)
749

 
749

 

 

Total equity securities
72,959

 
30,448

 
42,511

 

Fixed income securities:
 
 
 
 
 
 
 
U.S. fixed income funds (e)
68,036

 
1,939

 
66,097

 

Foreign fixed income funds (f)
120,299

 

 
120,299

 

Total fixed income securities
188,335

 
1,939

 
186,396

 

Insurance funds
3,023

 

 

 
3,023

Total
$
268,221

 
$
34,366

 
$
230,832

 
$
3,023

(a)
This category consists of commingled and registered mutual funds that focus on equity securities of U.S companies. It includes both indexed and actively managed funds.
(b)
This category consists of commingled and registered mutual funds that focus on equity securities of companies outside of the U.S. It includes both indexed and actively managed funds.
(c)
This category consists of commingled and registered mutual funds that invest in equity securities of both U.S. and foreign companies. It includes actively managed funds
(d)
This category consists of commingled and registered mutual funds that invest in equity securities of companies in emerging market economies. It includes actively managed funds.
(e)
This category consists of actively managed funds that invest in investment-grade bonds of U.S. issuers from diverse industries and U.S. government bonds and treasury notes.
(f)
This category consists of funds that invest in investment-grade bonds of foreign companies and Euro region government bonds.

The fair value of the Company's pension plan assets at December 28, 2013 by asset category is as follows:
In thousands
Total
 
Level 1
 
Level 2
 
Level 3
Cash
$
28,671

 
$
27,803

 
$
868

 
$

Equity securities:
 
 
 
 
 
 
 
U.S. equities (a)
16,566

 
11,023

 
5,543

 

Foreign equities (b)
16,233

 
4,993

 
11,240

 

Global equity funds (c)
37,697

 
13,489

 
24,208

 

Emerging markets (d)
2,423

 
1,083

 
1,340

 

Total equity securities
72,919

 
30,588

 
42,331

 

Fixed income securities:
 
 
 
 
 
 
 
U.S. fixed income funds (e)
43,069

 
11,030

 
27,332

 
4,707

Foreign fixed income funds (f)
97,264

 

 
97,264

 

Total fixed income securities
140,333

 
11,030

 
124,596

 
4,707

Insurance funds
1,230

 
$

 
$

 
$
1,230

Total
$
243,153

 
$
69,421

 
$
167,795

 
$
5,937

(a)
This category consists of commingled and registered mutual funds that focus on equity securities of U.S companies. It includes both indexed and actively managed funds.
(b)
This category consists of commingled and registered mutual funds that focus on equity securities of companies outside of the U.S. It includes both indexed and actively managed funds.
(c)
This category consists of commingled and registered mutual funds that invest in equity securities of both U.S. and foreign companies. It includes actively managed funds
(d)
This category consists of commingled and registered mutual funds that invest in equity securities of companies in emerging market economies. It includes actively managed funds.
(e)
This category consists of actively managed funds that invest in investment-grade bonds of U.S. issuers from diverse industries and U.S. government bonds and treasury notes.
(f)
This category consists of funds that invest in investment-grade bonds of foreign companies and Euro region government bonds.
Postretirement Benefit Plans  
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule of Net Funded Status
The following table details information regarding the Company's postretirement plans:
In thousands
U.S. Postretirement Plans
 
Non-U.S. Postretirement Plans
Fiscal Year
Ended
December 31,
2014
 
Fiscal Year
Ended
December 28,
2013
 
Fiscal Year
Ended
December 31,
2014
 
Fiscal Year
Ended
December 28,
2013
Postretirement Benefit Plans
 
 
 
 
 
 
 
Change in Projected Benefit Obligation:
 
 
 
 
 
 
 
Benefit obligation at beginning of year
$
(2,034
)
 
$

 
$
(5,511
)
 
$
(4,864
)
Additional benefit obligations

 

 

 

Service costs

 

 
(7
)
 
(59
)
Interest costs
(89
)
 
(11
)
 
(146
)
 
(187
)
Acquisition / transfers

 
(2,030
)
 
1,834

 
(1,419
)
Actuarial gain / (loss)
17

 
7

 
(237
)
 
305

Settlements / curtailments

 

 

 
182

Benefit payments
25

 

 
314

 
381

Currency translation

 

 
321

 
150

Benefit obligation at end of year
$
(2,081
)
 
$
(2,034
)
 
$
(3,432
)
 
$
(5,511
)
Change in Plan Assets:
 
 
 
 
 
 
 
Fair value at beginning of year
$

 
$

 
$

 
$

Actual return on plan assets

 

 

 

Employer and participant contributions
25

 

 
314

 
381

Benefit payments
(25
)
 

 
(314
)
 
(381
)
Currency translation

 

 

 

Fair value at end of year
$

 
$

 
$

 
$

Funded status
$
(2,081
)
 
$
(2,034
)
 
$
(3,432
)
 
$
(5,511
)
Amounts included in the balance sheet:
 
 
 
 
 
 
 
Other noncurrent assets
$

 
$

 
$

 
$

Accounts payable and accrued liabilities
(97
)
 
(119
)
 
(297
)
 
(492
)
Other noncurrent liabilities
(1,984
)
 
(1,915
)
 
(3,135
)
 
(5,019
)
Net amount recognized
$
(2,081
)
 
$
(2,034
)
 
$
(3,432
)
 
$
(5,511
)
Weighted average assumptions used:
 
 
 
 
 
 
 
Return on plan assets
N/A

 
N/A

 
N/A

 
N/A

Discount rate
3.7
%
 
4.6
%
 
3.2 - 3.7%

 
4.1 - 4.8%

Salary and wage escalation rate
N/A

 
N/A

 
2.5
%
 
3.0
%
Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year
The following table summarizes the pretax amounts recorded in Accumulated other comprehensive income (loss) for the Company’s postretirement benefit plans as of December 31, 2014 and December 28, 2013:
In thousands
U.S. Postretirement Plans
 
Non-U.S. Postretirement Plans
December 31, 2014
 
December 28, 2013
 
December 31, 2014
 
December 28, 2013
Transition net asset
$

 
$

 
$

 
$

Net actuarial (gain) loss
(23
)
 
(7
)
 
122

 
(12
)
Prior service cost

 

 

 

Net amounts recognized
$
(23
)
 
$
(7
)
 
$
122

 
$
(12
)
Components of net periodic benefit costs
The components of the Company's postretirement related costs for the following periods are as follows:
 
U.S. Postretirement Plans
 
Non-U.S. Postretirement Plans
In thousands, except percentage data
Fiscal Year
Ended
December 31,
2014
 
Fiscal Year
Ended
December 28,
2013
 
Fiscal Year
Ended
December 29,
2012
 
Fiscal Year
Ended
December 31,
2014
 
Fiscal Year
Ended
December 28,
2013
 
Fiscal Year
Ended
December 29,
2012
Postretirement Benefit Plans
 
 
 
 
 
 
 
 
 
 
 
Components of net periodic benefit cost:
 
 
 
 
 
 
 
 
 
 
 
Service cost
$

 
$

 
$

 
$
7

 
$
59

 
$
69

Interest cost
89

 
11

 

 
146

 
187

 
218

Curtailment / settlement (gain) loss

 

 

 

 
114

 
186

Net amortization of:
 
 
 
 
 
 
 
 
 
 
 
Transition costs and other

 

 

 

 
35

 
26

Net periodic benefit cost
$
89

 
$
11

 
$

 
$
153

 
$
395

 
$
499

Weighted average assumptions used:
 
 
 
 
 
 
 
 
 
 
 
Discount rate
4.6
%
 
4.6
%
 
N/A

 
4.1 - 4.8%

 
4.1 - 4.8%

 
3.5 - 7.0%

Salary and wage escalation rate
N/A

 
N/A

 
N/A

 
3.0
%
 
3.0
%
 
3.0 - 4.5%

Canadian Benefit Plans  
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule of Health Care Cost Trend Rates
The health care cost trend rate assumptions for the Company provided health care benefits for retirees in Canada are reflected in the following table. The Company does not provide post-employment health care benefits for retirees in other countries.
 
December 31, 2014
 
December 28, 2013
Weighted average health care cost trend rate assumed for next year
6.22
%
 
6.44
%
Rate to which the cost trend is expected to decline (the ultimate trend rate)
4.50
%
 
4.50
%
Year that the rate reached the ultimate trend rate
2028

 
2028