XML 49 R39.htm IDEA: XBRL DOCUMENT v3.7.0.1
Defined Benefit Pension Plans and Other Post-Employment Benefit Plans (Tables)
6 Months Ended
Jun. 30, 2017
Compensation and Retirement Disclosure [Abstract]  
Components of Net Periodic Benefit Cost (Income)
The following table shows the components of our net periodic benefit cost (income) for our defined benefit pension plans for the three and six months ended June 30, 2017 and 2016:
 
 
 
Three Months Ended
June 30, 2017
 
Three Months Ended
June 30, 2016
(In millions)
 
U.S.
 
International
 
Total
 
U.S.
 
International
 
Total
Components of net periodic benefit cost or
   (income):
 
 
 
 
 
 
 
 
 
 
 
 
Service cost
 
$
0.1

 
$
1.9

 
$
2.0

 
$
0.1

 
$
2.5

 
$
2.6

Interest cost
 
1.7

 
5.3

 
7.0

 
1.9

 
6.5

 
8.4

Expected return on plan assets
 
(2.4
)
 
(10.2
)
 
(12.6
)
 
(2.5
)
 
(9.0
)
 
(11.5
)
Amortization of net prior service cost
 

 
(0.1
)
 
(0.1
)
 

 
0.1

 
0.1

Amortization of net actuarial loss
 
0.2

 
2.6

 
2.8

 
0.5

 
2.1

 
2.6

Net periodic benefit cost (income)
 
(0.4
)
 
(0.5
)
 
(0.9
)
 

 
2.2

 
2.2

Cost of settlement/curtailment
 
0.8

 

 
0.8

 

 
(0.3
)
 
(0.3
)
Total benefit cost (income)
 
$
0.4

 
$
(0.5
)
 
$
(0.1
)
 
$

 
$
1.9

 
$
1.9

 
 
 
Six Months Ended
June 30, 2017
 
Six Months Ended
June 30, 2016
(In millions)
 
U.S.
 
International
 
Total
 
U.S.
 
International
 
Total
Components of net periodic benefit cost
   (income):
 
 
 
 
 
 
 
 
 
 
 
 
Service cost
 
$
0.1

 
$
3.9

 
$
4.0

 
$
0.2

 
$
5.0

 
$
5.2

Interest cost
 
3.5

 
10.6

 
14.1

 
3.8

 
12.9

 
16.7

Expected return on plan assets
 
(4.9
)
 
(20.3
)
 
(25.2
)
 
(5.0
)
 
(18.1
)
 
(23.1
)
Amortization of net prior service cost
 

 
(0.1
)
 
(0.1
)
 

 
0.1

 
0.1

Amortization of net actuarial loss
 
0.4

 
5.2

 
5.6

 
1.0

 
4.4

 
5.4

Net periodic benefit cost (income)
 
(0.9
)
 
(0.7
)
 
(1.6
)
 

 
4.3

 
4.3

Cost of settlement/curtailment
 
0.8

 
0.5

 
1.3

 

 
(0.2
)
 
(0.2
)
Total benefit cost (income)
 
$
(0.1
)
 
$
(0.2
)
 
$
(0.3
)
 
$

 
$
4.1

 
$
4.1


The following table shows the components of our net periodic benefit cost for our other employee benefit plans for the three and six months ended June 30, 2017 and 2016:
 
 
 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
(In millions)
 
2017
 
2016
 
2017
 
2016
Components of net periodic benefit cost or (income):
 
 
 
 
 
 
 
 
Service costs
 
$
0.1

 
$
0.1

 
$
0.1

 
$
0.1

Interest cost
 
0.4

 
0.4

 
0.9

 
0.9

Amortization of net prior service cost
 
(0.3
)
 
(0.3
)
 
(0.8
)
 
(0.7
)
Amortization of net actuarial loss
 
(0.1
)
 

 
(0.1
)
 

Net periodic benefit cost
 
$
0.1

 
$
0.2

 
$
0.1

 
$
0.3



The net periodic costs disclosed in the tables above include the plans of Diversey which are included in assets and liabilities held for sale on the Condensed Consolidated Balance Sheet. The amounts of the costs disclosed above charged to discontinued operations approximately were as follows:
 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
(In millions)
 
2017
 
2016
 
2017
 
2016
Defined benefit pension plans
 
$
(0.2
)
 
$
1.2

 
$
(0.4
)
 
$
2.4

Other employee benefit plans
 

 

 

 

Total (income) expense included in discontinued operations
 
$
(0.2
)
 
$
1.2

 
$
(0.4
)
 
$
2.4