XML 65 R27.htm IDEA: XBRL DOCUMENT v2.4.0.8
Net Periodic Benefit Cost (Tables)
6 Months Ended
Jun. 30, 2014
Defined Benefit Plan Disclosure [Line Items]  
Net periodic benefit cost
Net periodic pension cost for the Company’s defined benefit pension plans and U.S. post-retirement medical plan includes the following components for the three months ended June 30:
 
U.S. Pension Benefits
 
Non-U.S. Pension Benefits
 
Other U.S. Post-retirement Benefits
 
Total
 
2014
 
2013
 
2014
 
2013
 
2014
 
2013
 
2014
 
2013
Service cost, net
$
223

 
$
123

 
$
3,923

 
$
4,257

 
$
43

 
$
54

 
$
4,189

 
$
4,434

Interest cost on projected benefit obligations
1,599

 
1,439

 
5,519

 
4,822

 
60

 
101

 
7,178

 
6,362

Expected return on plan assets
(2,137
)
 
(1,788
)
 
(9,596
)
 
(8,570
)
 

 

 
(11,733
)
 
(10,358
)
Recognition of prior service cost

 

 
(1,030
)
 
(979
)
 
(195
)
 
22

 
(1,225
)
 
(957
)
Recognition of actuarial losses/(gains)
1,200

 
1,945

 
1,100

 
1,823

 
(358
)
 
(247
)
 
1,942

 
3,521

Net periodic pension cost/(credit)
$
885

 
$
1,719

 
$
(84
)
 
$
1,353

 
$
(450
)
 
$
(70
)
 
$
351

 
$
3,002



Net periodic pension cost for the Company’s defined benefit pension plans and U.S. post-retirement medical plan includes the following components for the six months ended June 30:

 
U.S. Pension Benefits
 
Non-U.S. Pension Benefits
 
Other U.S. Post-retirement Benefits
 
Total
 
2014
 
2013
 
2014
 
2013
 
2014
 
2013
 
2014
 
2013
Service cost, net
$
446

 
$
247

 
$
7,885

 
$
8,627

 
$
85

 
$
108

 
$
8,416

 
$
8,982

Interest cost on projected benefit obligations
3,198

 
2,878

 
11,002

 
9,705

 
120

 
202

 
14,320

 
12,785

Expected return on plan assets
(4,274
)
 
(3,576
)
 
(19,140
)
 
(17,262
)
 

 

 
(23,414
)
 
(20,838
)
Recognition of prior service cost

 

 
(2,070
)
 
(1,973
)
 
(389
)
 
43

 
(2,459
)
 
(1,930
)
Recognition of actuarial losses/(gains)
2,400

 
3,891

 
2,206

 
3,669

 
(718
)
 
(494
)
 
3,888

 
7,066

Net periodic pension cost/(credit)
$
1,770

 
$
3,440

 
$
(117
)
 
$
2,766

 
$
(902
)
 
$
(141
)
 
$
751

 
$
6,065