Subsequent Events

12 Months Ended

Dec. 31, 2014

Subsequent Event

Subsequent Event

Note 23—Subsequent Event

        In the first quarter of 2015, the Company outsourced its pension plan in Switzerland to an outside insurance provider and made certain plan design changes. As a result, the Company expects that pension expense in 2015 will increase by approximately $16 million, including a one-time, non-cash charge of approximately $10 million associated with the settlement of a portion of the plan.