XML 40 R77.htm IDEA: XBRL DOCUMENT v2.4.1.9
Retirement Benefits - Plan Asset Allocation (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Qualified Pension Benefits      
Defined Benefit Plan and Other Postretirement Benefit Plans Table Text Block [Line Items]      
Defined Benefit Plan, Fair Value of Plan Assets 626,173us-gaap_DefinedBenefitPlanFairValueOfPlanAssets
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Other Benefits      
Defined Benefit Plan and Other Postretirement Benefit Plans Table Text Block [Line Items]      
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SERP Pension Benefits      
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Domestic large cap equity      
Defined Benefit Plan and Other Postretirement Benefit Plans Table Text Block [Line Items]      
Target Allocation, Minimum 25.00%us-gaap_DefinedBenefitPlanTargetPlanAssetAllocationsRangeMinimum
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Target Allocation 31.00%us-gaap_DefinedBenefitPlanTargetPlanAssetAllocations
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Target Allocation, Maximum 40.00%us-gaap_DefinedBenefitPlanTargetPlanAssetAllocationsRangeMaximum
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Domestic small cap equity      
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Target Allocation 9.00%us-gaap_DefinedBenefitPlanTargetPlanAssetAllocations
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Target Allocation, Maximum 15.00%us-gaap_DefinedBenefitPlanTargetPlanAssetAllocationsRangeMaximum
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Non-U.S. equity      
Defined Benefit Plan and Other Postretirement Benefit Plans Table Text Block [Line Items]      
Target Allocation, Minimum 10.00%us-gaap_DefinedBenefitPlanTargetPlanAssetAllocationsRangeMinimum
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Target Allocation 25.00%us-gaap_DefinedBenefitPlanTargetPlanAssetAllocations
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Target Allocation, Maximum 30.00%us-gaap_DefinedBenefitPlanTargetPlanAssetAllocationsRangeMaximum
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Fixed income      
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Target Allocation, Minimum 15.00%us-gaap_DefinedBenefitPlanTargetPlanAssetAllocationsRangeMinimum
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Target Allocation 25.00%us-gaap_DefinedBenefitPlanTargetPlanAssetAllocations
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Real estate      
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Absolute return      
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Target Allocation, Minimum 5.00%us-gaap_DefinedBenefitPlanTargetPlanAssetAllocationsRangeMinimum
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Target Allocation 10.00%us-gaap_DefinedBenefitPlanTargetPlanAssetAllocations
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Cash and cash equivalents      
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Target Allocation, Minimum 0.00%us-gaap_DefinedBenefitPlanTargetPlanAssetAllocationsRangeMinimum
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Target Allocation 0.00%us-gaap_DefinedBenefitPlanTargetPlanAssetAllocations
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Fair Value, Measurements, Recurring | Qualified Pension Benefits | Level 3      
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Fair Value, Measurements, Recurring | Qualified Pension Benefits | Total      
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Fair Value, Measurements, Recurring | Other Benefits | Level 1      
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Fair Value, Measurements, Recurring | Subtotal | Qualified Pension Benefits | Level 1      
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[1] Domestic large cap equity investments are comprised of (1) common stock, and a (2) commingled fund. Investments in common stock are valued using quoted market prices multiplied by the number of shares owned as of December 31, 2014. The investment in the commingled fund is valued at the net asset value per share multiplied by the number of shares held as of December 31, 2014.
[2] Domestic small cap equity investments are comprised of (1) common stock and a (2) mutual fund. The investments in common stock are valued using quoted market prices multiplied by the number of shares owned as of December 31, 2014. The investment in the mutual fund is valued using quoted market prices multiplied by the number of shares owned as of December 31, 2014.
[3] Non – US Equity investments are comprised of a (1) mutual fund; and a (2) commingled fund. The investment in the mutual fund is valued using quoted market prices multiplied by the number of shares owned as of December 31, 2014. The investment in the commingled fund is valued at the net asset value per share multiplied by the number of shares held as of December 31, 2014.
[4] The tactical asset allocation investment is comprised of a commingled fund, which is valued at the net asset value per share multiplied by the number of shares held as of the measurement date.
[5] Fixed income securities consist of a mutual fund. The investment in the mutual fund is valued using quoted market prices multiplied by the number of shares owned as of December 31, 2014.
[6] As of December 31, 2014 absolute return investments consist of two partnerships. The partnerships are valued using the financial reports as of December 31, 2014. These investments are a Level 3 under ASC 820 because the significant valuation inputs are primarily internal to the partnerships with little third party involvement.
[7] This is a publicly traded balanced mutual fund. The fund seeks regular income, conservation of principal, and an opportunity for long-term growth of principal and income. The fair value is determined by taking the number of shares owned by the plan, and multiplying by the market price as of December 31, 2014.
[8] The investment consists of a money market fund, which is valued at the net asset value per share of $1.00 per unit as of December 31, 2014. The money market fund invests primarily in commercial paper, notes, repurchase agreements, and other evidences of indebtedness which are payable on demand or short-term in nature.
[9] This is a money market fund. The money market fund investments are valued at the net asset value per share of $1.00 per unit as of December 31, 2014. The money market fund invests primarily in commercial paper, notes, repurchase agreements, and other evidences of indebtedness which are payable on demand or short-term in nature.