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Retirement Plans (Tables)
12 Months Ended
Dec. 31, 2014
Compensation and Retirement Disclosure [Abstract]  
Schedule of Changes in Projected Benefit Obligation and Plan Assets, and Net Funded Status
The benefit obligations and plan assets, changes to the benefit obligations and plan assets, and the funded status of the defined benefit pension plans were as follows:
 
United States
 
International
 
As of December 31,
 
As of December 31,
 
2014
 
2013
 
2014
 
2013
 
(In millions)
Change in benefit obligation
 
 
 
 
 
 
 
Benefit obligation, beginning of year
$
78.5

 
$
88.3

 
$
31.4

 
$
63.4

Service cost

 

 
0.3

 
0.5

Interest cost
3.3

 
3.3

 
0.9

 
2.0

Actuarial (gain) loss
4.4

 
(1.7
)
 
6.5

 
(4.7
)
Benefits paid
(1.8
)
 
(2.0
)
 
(1.6
)
 
(3.5
)
Settlements
(5.6
)
 
(9.4
)
 

 
(24.8
)
Foreign exchange rate changes

 

 
(4.3
)
 
(1.5
)
Projected benefit obligation, end of year
$
78.8

 
$
78.5

 
$
33.2

 
$
31.4

Change in plan assets
 
 
 
 
 
 
 
Fair value of plan assets, beginning of year
$
71.0

 
$
71.7

 
$
26.1

 
$
58.0

Actual return on plan assets
2.5

 
10.7

 
1.6

 
(3.3
)
Foreign exchange rate changes

 

 
(3.2
)
 
(1.8
)
Company contributions
1.4

 

 
0.7

 
1.5

Benefits paid
(1.8
)
 
(2.0
)
 
(1.6
)
 
(3.5
)
Settlement payments
(5.6
)
 
(9.4
)
 

 
(24.8
)
Fair value of plan assets, end of year
67.5

 
71.0

 
23.6

 
26.1

Funded status of the plan, end of year
$
(11.3
)
 
$
(7.5
)
 
$
(9.6
)
 
$
(5.3
)
Schedule of Amounts Recognized in Balance Sheet
Amounts recognized in our Consolidated Balance Sheets consisted of the following:
 
United States
 
International
 
As of December 31,
 
As of December 31,
 
2014
 
2013
 
2014
 
2013
 
(In millions)
Noncurrent assets
$

 
$

 
$
1.6

 
$

Noncurrent liabilities
(11.3
)
 
(7.5
)
 
(11.2
)
 
(5.3
)
Accumulated other comprehensive loss — pre-tax
19.0

 
14.3

 
10.4

 
4.6

Schedule of Amounts Recognized in Other Comprehensive Income (Loss)
Pre-tax amounts recognized in accumulated other comprehensive loss consisted of the following:
 
United States
 
International
 
As of December 31,
 
As of December 31,
 
2014
 
2013
 
2014
 
2013
 
(In millions)
Net actuarial loss
$
19.0

 
$
14.3

 
$
12.1

 
$
7.6

Prior service credit

 

 
(2.2
)
 
(4.0
)
Transition asset obligation

 

 
0.5

 
1.0

Total
$
19.0

 
$
14.3

 
$
10.4

 
$
4.6

Schedule of Accumulated Benefit Obligations in Excess of Fair Value of Plan Assets
The following table includes information for pension plans with an accumulated benefit obligation in excess of plan assets. The balances presented as of December 31, 2014 and 2013 exclude our Japan plan which had plan assets in excess of accumulated benefit obligation for both years.
 
United States
 
International
 
As of December 31,
 
As of December 31,
 
2014
 
2013
 
2014
 
2013
 
(In millions)
Projected benefit obligation, end of year
$
78.8

 
$
78.5

 
$
28.7

 
$
25.7

Accumulated benefit obligation, end of year
78.8

 
78.5

 
28.7

 
25.7

Plan assets at fair value, end of year
67.5

 
71.0

 
17.6

 
19.7

Schedule of Net Benefit Costs
Components of net periodic pension cost included the following:
 
United States
 
International
 
Years Ended December 31,
 
Years Ended December 31,
 
2014
 
2013
 
2012
 
2014
 
2013
 
2012
 
(In millions)
Service cost
$

 
$

 
$

 
$
0.3

 
$
0.5

 
$
0.6

Interest cost
3.3

 
3.3

 
3.2

 
0.9

 
2.0

 
2.2

Expected return on plan assets
(4.8
)
 
(5.1
)
 
(5.7
)
 
(0.8
)
 
(2.5
)
 
(2.3
)
Amortization of net actuarial loss
1.1

 
1.9

 
1.5

 
0.2

 
0.5

 
0.3

Amortization of prior service credit

 

 

 
(0.3
)
 
(0.4
)
 
(0.5
)
Amortization of transition obligation

 

 

 
0.1

 
0.3

 
0.3

Net periodic pension cost (credit)
(0.4
)
 
0.1

 
(1.0
)
 
0.4

 
0.4

 
0.6

Settlements and curtailments
1.1

 
2.1

 
2.4

 
(0.9
)
 

 

Total pension cost
$
0.7

 
$
2.2

 
$
1.4

 
$
(0.5
)
 
$
0.4

 
$
0.6

Schedule of Assumptions Used
Assumptions used to determine benefit obligations were as follows (international assumptions are a weighted average of all of our international plans):
 
United States
 
International
 
As of December 31,
 
As of December 31,
 
2014
 
2013
 
2014
 
2013
Discount rate
4.00
%
 
4.50
%
 
1.89
%
 
3.20
%
Rate of compensation increase
%
 
%
 
2.92
%
 
2.89
%
Assumptions used to determine net periodic benefit costs were as follows (international assumptions are a weighted average of all of our international plans):
 
United States
 
International
 
As of December 31,
 
As of December 31,
 
2014
 
2013
 
2012
 
2014
 
2013
 
2012
Discount rate (1)
4.25
%
 
4.00
%
 
3.75
%
 
3.27
%
 
2.70
%
 
4.09
%
Expected return on plan assets
7.75
%
 
7.75
%
 
8.00
%
 
3.35
%
 
4.53
%
 
4.32
%
Rate of compensation increase
%
 
%
 
%
 
2.86
%
 
2.00
%
 
2.57
%

(1) The discount rate of 4.25 percent used to determine the 2014 net periodic benefit cost for the U.S. plan is an average of the discount rates used during the year of 4.50 percent for the first six months of the year and 4.00 percent for the last six months of the year.
Schedule of Allocation of Plan Assets
The plans' asset allocations by asset category were as follows:
 
United States
 
International
 
As of December 31,
 
As of December 31,
 
2014
 
2013
 
2014
 
2013
Short-term investments
1
%
 
1
%
 
1
%
 
1
%
Fixed income securities
23
%
 
18
%
 
24
%
 
23
%
Equity securities
57
%
 
63
%
 
%
 
%
Absolute return strategy equity funds
19
%
 
18
%
 
%
 
%
Insurance contracts
%
 
%
 
75
%
 
76
%
Total
100
%
 
100
%
 
100
%
 
100
%
Schedule of Expected Benefit Payments
As of December 31, 2014, the following reflects future benefit payments services expected to be paid, by the plans, in each of the next five years and in the aggregate for the five years thereafter:
 
United States
 
International
 
(In millions)
2015
$15.7
 
$1.1
2016
5.0
 
1.2
2017
4.6
 
1.2
2018
4.6
 
1.2
2019
4.7
 
1.2
2020-2024
25.5
 
7.0
Schedule of Fair Value of Plan Assets
The fair value of the plan assets by asset category were as follows:
United States
December 31, 2014
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other Observable Inputs
(Level 2)
 
Unobservable Inputs
(Level 3)
 
(In millions)
Short-term investments
 
 
 
 
 
 
 
Money market securities
$
0.4

 
$
0.4

 
$

 
$

Mutual Funds

 
 
 
 
 
 
Equity securities
 
 
 
 
 
 
 
Large-cap growth funds
14.6

 

 
14.6

 

International growth fund
10.8

 
7.3

 
3.5

 

Fixed income securities
15.5

 
15.5

 

 

Absolute return strategy funds
13.2

 

 
13.2

 

Common stocks
7.3

 
7.3

 

 

Commingled trust funds
5.7

 

 
5.7

 

Total
$
67.5

 
$
30.5

 
$
37.0

 
$


International
December 31, 2014
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other Observable Inputs
(Level 2)
 
Unobservable Inputs
(Level 3)
 
(In millions)
Short-term investments
 
 
 
 
 
 
 
Other
$
0.3

 
$

 
$
0.3

 
$

Mutual Funds
 
 
 
 
 
 
 
Fixed income securities
5.7

 

 
5.7

 

Insurance contracts
17.6

 

 
17.6

 

Total
$
23.6

 
$

 
$
23.6

 
$


United States
December 31, 2013
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other Observable Inputs
(Level 2)
 
Unobservable Inputs
(Level 3)
 
(In millions)
Short-term investments
 
 
 
 
 
 
 
Money market securities
$
0.5

 
$
0.5

 
$

 
$

Mutual Funds
 
 
 
 
 
 
 
Equity securities
 
 
 
 
 
 
 
Large-cap growth funds
16.1

 

 
16.1

 

International growth fund
11.1

 
7.5

 
3.6

 

Fixed income securities
13.0

 
13.0

 

 

Absolute return strategy funds
12.8

 

 
12.8

 

Common stocks
8.3

 
8.3

 

 

Commingled trust funds
9.2

 

 
9.2

 

Total
$
71.0

 
$
29.3

 
$
41.7

 
$

International
December 31, 2013
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other Observable Inputs
(Level 2)
 
Unobservable Inputs
(Level 3)
 
(In millions)
Short-term investments
 
 
 
 
 
 
 
Other
$
0.3

 
$

 
$
0.3

 
$

Mutual Funds
 
 
 
 
 
 
 
Equity securities - blended funds

 

 

 

Fixed income securities
6.1

 

 
6.1

 

Insurance contracts
19.7

 

 
19.7

 

Total
$
26.1

 
$

 
$
26.1

 
$