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Post Employment Plans - (Tables)
12 Months Ended
Dec. 31, 2018
Postemployment Benefits [Abstract]  
Defined contribution plan disclosures Our contributions to all of the plans were as follows (in millions):            
Year Ended
December 31,
2018
 
December 31,
2017
 
December 31, 2016
$
25.2

 
$
25.5

 
$
26.1

Schedule of change in the projected benefit obligation and plan assets The change in the projected benefit obligation and plan assets consisted of the following (in millions):
 
Pension Benefits
 
Other Benefits
 
Year Ended
 
Year Ended
 
December 31,
2018
 
December 31, 2017
 
December 31,
2018
 
December 31, 2017
Projected benefit obligation at beginning of period
$
174.0

 
$
158.9

 
$
6.2

 
$
5.8

Curtailment
(1.2
)
 
(1.0
)
 

 

Service costs
3.0

 
4.5

 
0.6

 
0.6

Interest cost
3.8

 
3.3

 
0.2

 
0.2

Actuarial gain
(1.6
)
 
(10.3
)
 
(1.3
)
 
(0.3
)
Contributions paid
0.3

 
0.1

 

 

Benefits paid
(1.6
)
 
(2.5
)
 
(0.1
)
 
(0.1
)
Settlements
(0.5
)
 

 

 

Foreign currency translation
(7.6
)
 
21.0

 

 

Projected benefit obligation at end of period
$
168.6

 
$
174.0

 
$
5.6

 
$
6.2

Fair value of plan assets at beginning of period
162.5

 
138.2

 

 

Actual return on plan assets
(3.1
)
 
5.5

 

 

Benefits paid
(1.6
)
 
(2.5
)
 
(0.1
)
 

Settlements
(0.5
)
 

 

 

Employer contributions
1.2

 
2.2

 
0.1

 

Contributions paid
0.3

 
0.1

 

 

Foreign currency translation
(6.9
)
 
19.0

 

 

Fair value of plan assets at end of period
$
151.9

 
$
162.5

 
$

 
$

Unfunded status
$
(16.7
)
 
$
(11.5
)
 
$
(5.6
)
 
$
(6.2
)
 
 
 
 
 
 
 
 
Presented as:
 
 
 
 
 
 
 
Other non-current assets
$
15.7

 
$
22.0

 
$

 
$

Other non-current liabilities
$
(32.4
)
 
$
(33.5
)
 
$

 
$


Schedule of accumulated benefit obligation The total accumulated benefit obligation for the defined benefit pension plans was as follows (in millions):
Year Ended
December 31,
2018
 
December 31, 2017
$
163.2

 
$
167.6

Schedule of unrecognized actual gains (losses) The following unrecognized actual gain (loss) for the other benefits liability was included in OCI, net of tax (in millions):
Year Ended
December 31,
2018
 
December 31, 2017
 
December 31,
2016
$
1.3

 
$
0.3

 
$
(0.7
)
Schedule of unamortized net actuarial (gain) loss in AOCI net of tax The unamortized net actuarial loss (gain) in AOCI net of tax for defined benefit pension and other benefits was as follows (in millions):
Year Ended
December 31,
2018
 
December 31, 2017
 
December 31,
2016
$
4.4

 
$
(1.3
)
 
$
9.5

Schedule of expected benefit payments At December 31, 2018, the total estimated future benefit payments to be paid by the plans for the next five years is approximately $12.3 million for pension benefits and $1.0 million for other benefits as follows (in millions):

Payment Due
 
Pension Benefits
 
Other Benefits
2019
 
$
1.8

 
$
0.1

2020
 
2.5

 
0.2

2021
 
2.5

 
0.2

2022
 
2.8

 
0.2

2023
 
2.7

 
0.3

Thereafter
 
23.0

 
2.0

Schedule of net periodic pension cost Net periodic pension cost consisted of the following (in millions):
 
Pension Benefits
 
Other Benefits
 
Year Ended
 
Year Ended
 
December 31,
2018
 
December 31, 2017
 
December 31,
2016
 
December 31,
2018
 
December 31, 2017
 
December 31,
2016
Service cost
$
3.0

 
$
4.5

 
$
4.1

 
$
0.6

 
$
0.6

 
$
0.6

Interest cost
3.8

 
3.3

 
3.6

 
0.2

 
0.2

 
0.2

Expected return on assets
(5.3
)
 
(4.3
)
 
(3.9
)
 

 

 

Curtailment
(1.2
)
 
(0.7
)
 

 

 

 

Net actuarial loss
0.6

 
0.8

 
0.5

 
(0.1
)
 
(0.1
)
 

Net periodic pension cost
$
0.9

 
$
3.6

 
$
4.3

 
$
0.7

 
$
0.7

 
$
0.8



Schedule of assumptions used The weighted-average assumptions used to determine net periodic pension cost and benefit obligation were:
 
Pension Benefits
 
Other Benefits
 
Year Ended
 
Year Ended
 
December 31,
2018
 
December 31, 2017
 
December 31,
2016
 
December 31,
2018
 
December 31, 2017
 
December 31,
2016
Discount rate
2.04
%
 
1.91
%
 
1.76
%
 
3.59
%
 
3.59
%
 
4.00
%
Inflation
1.45
%
 
1.45
%
 
1.43
%
 
 
 
 
 
 
Expected return on assets
2.94
%
 
2.90
%
 
2.89
%
 
 
 
 
 
 


As of December 31, 2018, the expected weighted-average long-term rate of return on assets of 2.9% was calculated based on the assumptions of the following returns for each asset class:
Equities
6.1
%
Bonds
1.6
%
Absolute return fund
4.0
%
Insurance contracts
2.8
%
Other
2.6
%
Schedule of allocation of plan assets The following table sets forth the fair value of the pension plan assets (in millions):     
 
Year Ended
 
December 31, 2018
 
December 31, 2017
 
Level 1
 
Level 2
 
Level 3
 
Total
 
Level 1
 
Level 2
 
Level 3
 
Total
Equities
$
0.1

 
$
16.2

 
$

 
$
16.3

 
$
0.1

 
$
19.1

 
$

 
$
19.2

Bonds
1.0

 
28.6

 

 
29.6

 
1.8

 
30.2

 

 
32.0

Insurance contracts

 

 
49.9

 
49.9

 

 

 
50.8

 
50.8

Absolute return fund

 
50.5

 

 
50.5

 

 
54.5

 

 
54.5

Other

 
5.6

 

 
5.6

 

 
6.0

 

 
6.0

Total
$
1.1

 
$
100.9

 
$
49.9

 
$
151.9

 
$
1.9

 
$
109.8

 
$
50.8

 
$
162.5

Certain of our plans have target asset allocation ranges. As of December 31, 2018, these ranges were as follows:
Equities
10% - 20%
Bonds
20% - 30%
Absolute return
50% - 60%

Schedule of summary of the changes in the fair value of the Level 3 pension plan assets
The following table sets forth a summary of the changes in the fair value of the Level 3 pension plan assets, which were measured at fair value on a recurring basis (in millions):
 
Year Ended
 
December 31,
2018
 
December 31, 2017
Assets at beginning of year
$
50.8

 
$
43.4

Actual return on plan assets
0.6

 
1.0

Purchases, sales and settlements, net
0.4

 
0.9

Foreign exchange
(1.9
)
 
5.5

Assets at end of year
$
49.9

 
$
50.8