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PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS (Table)
12 Months Ended
Dec. 31, 2019
Retirement Benefits, Description [Abstract]  
Schedule of Net Benefit Costs [Table Text Block]
Pension BenefitsPostretirement Benefits
(In thousands)201920182017201920182017
Service cost$23,664  $27,116  $25,093  $432  $490  $435  
Interest cost29,019  26,149  25,895  796  719  762  
Expected return on plan assets(59,153) (58,641) (53,552) —  —  —  
Amortization of prior service cost(283) (252) (100) (656) (656) (656) 
Recognized net actuarial loss/(gain)9,310  16,867  12,925  (198) (131) (223) 
Cost of settlements/curtailments—  337  327  —  —  —  
Net periodic benefit cost (income)$2,557  $11,576  $10,588  $374  $422  $318  
ScheduleOfChangesInProjectedBenefitObligationsTableTextBlock
Pension BenefitsPostretirement Benefits
(In thousands)2019201820192018
Change in benefit obligation:
Beginning of year$814,894  $868,887  $22,060  $25,035  
Service cost23,664  27,116  432  490  
Interest cost29,019  26,149  796  719  
Plan participants’ contributions1,276  1,402  346  319  
Actuarial (gain) loss118,893  (58,913) 2,124  (1,982) 
Benefits paid(43,736) (41,962) (2,192) (2,521) 
Actual expenses(1,846) (1,371) —  —  
Settlements—  (2,228) —  —  
Currency translation adjustments3,023  (4,186) —  —  
End of year$945,187  $814,894  $23,566  $22,060  

Change in plan assets:
Beginning of year$738,296  $776,482  $—  $—  
Actual return on plan assets133,896  (44,876) —  —  
Employer contribution3,867  55,311  1,846  2,203  
Plan participants’ contributions1,276  1,402  346  319  
Benefits paid(43,736) (44,190) (2,192) (2,522) 
Actual Expenses(1,846) (1,371) —  —  
Currency translation adjustments3,386  (4,462) —  —  
End of year$835,139  $738,296  $—  $—  
Funded status$(110,048) $(76,598) $(23,566) $(22,060) 

Pension BenefitsPostretirement Benefits
(In thousands)2019201820192018
Amounts recognized on the balance sheet
Noncurrent assets$11,711  $9,098  $—  $—  
Current liabilities(5,143) (4,905) (1,547) (1,623) 
Noncurrent liabilities(116,616) (80,791) (22,019) (20,437) 
Total$(110,048) $(76,598) $(23,566) $(22,060) 
Amounts recognized in accumulated other comprehensive income (AOCI)
Net actuarial loss (gain)$263,660  $228,430  $(2,429) $(4,751) 
Prior service cost(934) (1,225) (1,404) (2,060) 
Total$262,726  $227,205  $(3,833) $(6,811) 
Information for pension plans with an accumulated benefit obligation in excess of plan assets:
Projected benefit obligation$881,731  $743,632  N/AN/A
Accumulated benefit obligation848,309  714,146  N/AN/A
Fair value of plan assets759,972  658,327  N/AN/A
ScheduleOfAssumptionsUsedTableTextBlock
Pension BenefitsPostretirement Benefits
2019201820192018
Weighted-average assumptions in determination of benefit obligation:
Discount rate3.05 %4.09 %3.15 %4.20 %
Rate of compensation increase3.46 %3.50 %N/AN/A
Health care cost trends:
Rate assumed for subsequent yearN/AN/A7.50 %7.85 %
Ultimate rate reached in 2026N/AN/A4.50 %4.50 %
Weighted-average assumptions in determination of net periodic benefit cost:
Discount rate4.09 %3.46 %4.20 %3.54 %
Expected return on plan assets7.59 %7.47 %N/AN/A
Rate of compensation increase3.50 %3.50 %N/AN/A
Health care cost trends:
Rate assumed for subsequent yearN/AN/A7.85 %8.30 %
Ultimate rate reached in 2026N/AN/A4.50 %4.50 %
ScheduleOfAllocationOfPlanAssetsTableTextBlock
As of December 31,TargetExpected
20192018ExposureRange
Asset class
Domestic equities51%  48%  50%  40%-60%
International equities15%  15%  15%  10%-20%
Total equity66%  63%  65%  55%-75%
Fixed income34%  37%  35%  25%-45%
ScheduleOfChangesInFairValueOfPlanAssetsTableTextBlock
Asset CategoryTotalQuoted Prices
in Active
Markets for
Identical
Assets
(Level 1)
Significant
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Cash and cash equivalents$42,261  $20,034  $22,227  $—  
Equity securities- Mutual funds (1)
446,434  404,509  41,925  —  
Bond funds (2)
238,880  177,731  61,149  —  
Insurance Contracts (3)
8,408  —  —  8,408  
Other (4)
2,313  —  —  2,313  
December 31, 2018$738,296  $602,274  $125,301  $10,721  
Cash and cash equivalents$22,457  $2,010  $20,447  $—  
Equity securities- Mutual funds (1)
534,479  427,391  107,088  —  
Bond funds (2)
273,979  211,372  62,607  —  
Insurance Contracts (3)
—  —  —  —  
Other (4)
4,224  —  —  4,224  
December 31, 2019$835,139  $640,773  $190,142  $4,224  
(In thousands)Insurance
Contracts
OtherTotal
December 31, 2017$10,912  $2,191  $13,103  
Actual return on plan assets:
Relating to assets still held at the reporting date163  (13) 150  
Purchases, sales, and settlements(2,595) 152  (2,443) 
Foreign currency translation adjustment(72) (17) (89) 
December 31, 2018$8,408  $2,313  $10,721  
Actual return on plan assets:
Relating to assets still held at the reporting date—  115  115  
Purchases, sales, and settlements(8,408) 1,715  (6,693) 
Foreign currency translation adjustment—  81  81  
December 31, 2019$—  $4,224  $4,224  
ScheduleOfExpectedBenefitPaymentsTableTextBlock
(In thousands)Pension
Plans
Postretirement
Plans
Total
2020$49,446  $1,547  $50,993  
202151,481  1,594  53,075  
202252,608  1,589  54,197  
202353,597  1,592  55,189  
202457,406  1,566  58,972  
2025 — 2029282,548  7,306  289,854