XML 63 R72.htm IDEA: XBRL DOCUMENT v2.4.0.8
PENSIONS AND OTHER POSTRETIREMENT BENEFITS (Details 3) (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Assumed health care cost trend rates      
Annual rate of increase in the per capita cost of covered health care benefits (as a percent) 8.00%    
Annual rate of increase in the per capita cost of covered prescription drug benefits (as a percent) 7.25%    
Effects of 1% change in assumed health care cost trend rate      
Effect of 1% increase on aggregate of the service and interest cost components of net periodic benefit cost $ 13,000    
Effect of 1% decrease on aggregate of the service and interest cost components of net periodic benefit cost 12,000    
Temporary investment funds
     
Weighted-average asset allocations      
Weighted-average asset allocations (as a percent) 4.00% 3.00%  
Equity investment funds
     
Weighted-average asset allocations      
Weighted-average asset allocations (as a percent) 63.00% 61.00%  
Target allocation      
Target allocation percentage 60.00%    
Fixed income Funds
     
Weighted-average asset allocations      
Weighted-average asset allocations (as a percent) 33.00% 36.00%  
Target allocation      
Target allocation percentage 40.00%    
Maximum
     
Assumed health care cost trend rates      
Annual rate of increase in the per capita cost of covered health care benefits (as a percent) 8.50%    
Minimum
     
Assumed health care cost trend rates      
Annual rate of increase in the per capita cost of covered health care benefits (as a percent) 8.00%    
Pension Benefits
     
Amounts recognized in the consolidated balance sheets consist of:      
Current liabilities (12,260,000) (20,645,000)  
Noncurrent liabilities (5,152,000) (64,382,000)  
Net amount recognized (17,412,000) (85,027,000)  
Amounts recognized in accumulated other comprehensive income before taxes:      
Net actuarial loss 18,239,000 79,996,000  
Prior service cost (credit) 11,000 25,000  
Net amount recognized 18,250,000 80,021,000  
Total amount recognized in OCI      
Net actuarial (gain) loss (53,134,000) 22,187,000  
Amortization of:      
Prior service (credit) cost (14,000) (14,000)  
Actuarial (gain) (8,623,000) (4,108,000)  
Total recognized in OCI (61,771,000) 18,065,000  
Amount included in accumulated other comprehensive income and expected to be recognized in net periodic pension cost in next fiscal year      
Estimated net actuarial loss 2,007,000    
Estimated prior service costs 11,000    
Assumptions used to determine net periodic benefit cost      
Expected return on plan assets 7.10% 7.10% 8.20%
Rate of compensation increase 2.50% 2.50% 2.50%
Weighted-average asset allocations      
Weighted-average asset allocations (as a percent) 100.00%    
Estimated future benefit payments      
Expected contributions in next fiscal year 12,300,000    
2014 6,925,000    
2015 8,145,000    
2016 9,438,000    
2017 10,837,000    
2018 12,261,000    
2019 - 2023 84,388,000    
Pension Benefits | Maximum
     
Assumptions used to determine net periodic benefit cost      
Discount rate 5.18% 4.40%  
Pension Benefits | Minimum
     
Assumptions used to determine net periodic benefit cost      
Discount rate 5.10% 4.30%  
Other Benefits
     
Amounts recognized in the consolidated balance sheets consist of:      
Current liabilities (1,155,000) (1,141,000)  
Noncurrent liabilities (8,908,000) (10,005,000)  
Net amount recognized (10,063,000) (11,146,000)  
Amounts recognized in accumulated other comprehensive income before taxes:      
Net actuarial loss 1,913,000 3,263,000  
Prior service cost (credit) (5,040,000) (8,418,000)  
Net amount recognized (3,127,000) (5,155,000)  
Total amount recognized in OCI      
Net actuarial (gain) loss (583,000) (292,000)  
Amortization of:      
Prior service (credit) cost 3,378,000 3,375,000  
Actuarial (gain) (767,000) (983,000)  
Total recognized in OCI 2,028,000 2,100,000  
Assumed health care cost trend rates      
For covered prescription drug benefits, the ultimate rate to which the rate is assumed to decrease for 2017 and thereafter (2013 assumption) and for 2019 and thereafter (2012 assumption), as a percent 5.00%    
For covered health care benefits, the ultimate rate to which the rate is assumed to decrease for 2019 and thereafter (2013 assumption) and for 2018 and thereafter (2012 assumption), as a percent 5.00%    
Effects of 1% change in assumed health care cost trend rate      
Effect of 1% increase on benefit obligation 295,000    
Effect of 1% decrease on benefit obligation 280,000    
Weighted-average asset allocations      
Weighted-average asset allocations (as a percent)   100.00%  
Estimated future benefit payments      
Expected contributions in next fiscal year 1,200,000    
2014 1,154,000    
2015 1,222,000    
2016 1,088,000    
2017 995,000    
2018 855,000    
2019 - 2023 $ 3,513,000    
Other Benefits | Maximum
     
Assumptions used to determine net periodic benefit cost      
Discount rate 5.05% 4.25%  
Other Benefits | Minimum
     
Assumptions used to determine net periodic benefit cost      
Discount rate 2.97% 2.25%