Long-Term Employee Benefits

6 Months Ended

Jun. 30, 2015

General Discussion of Pension and Other Postretirement Benefits [Abstract]

Long-Term Employee Benefits

Long-Term Employee Benefits

Pension Plans

In determining the U.S. pension plan 2015 net periodic benefit costs, the company updated the expected return on plan assets assumption from 8.75 percent to 8.50 percent.

The following sets forth the components of the company’s net periodic benefit cost for pensions:  

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2015			2014			2015			2014
Service cost	$	63		$	60		$	129		$	120
Interest cost	272			293			545			585
Expected return on plan assets	(401		)	(404		)	(805		)	(806		)
Amortization of loss	210			150			419			299
Amortization of prior service (benefit) cost	(1		)	—			(3		)	1
Curtailment loss	—			4			—			4
Settlement loss	4			2			9			2
Net periodic benefit cost	$	147		$	105		$	294		$	205

Other Long-Term Employee Benefit Plans

The following sets forth the components of the company’s net periodic benefit cost for other long-term employee benefits:  

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2015			2014			2015			2014
Service cost	$	5		$	5		$	9		$	9
Interest cost	27			30			55			61
Amortization of loss	19			14			38			28
Amortization of prior service benefit	(52		)	(53		)	(104		)	(106		)
Net periodic benefit cost	$	(1	)	$	(4	)	$	(2	)	$	(8	)