XML 1068 R73.htm IDEA: XBRL DOCUMENT v2.4.0.6
RETIREMENT PLANS (Details) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Amounts recognized in Consolidated Balance Sheet:      
Other assets $ 7.0 $ 22.3  
Postretirement health care and pension benefits. (1,220.5) (1,173.4)  
Amounts recognized in Accumulated Other Comprehensive Loss:      
Accumulated other comprehensive loss, net of tax 613.8 481.3  
Change in Accumulated Other Comprehensive Loss:      
Other comprehensive loss (income) 131.2 87.3 (33.6)
Non-qualified plans
     
Projected Benefit Obligation      
Projected benefit obligation, end of year 110.0 94.0  
U.S. PENSION
     
Defined Benefit Plan Disclosure      
Accumulated Benefit Obligation, end of year 1,889.2 1,683.5  
Projected Benefit Obligation      
Projected benefit obligation, beginning of year 1,892.4 1,154.7  
Service cost 50.5 46.7 50.6
Interest 89.3 63.4 62.6
Plan amendments (24.8)    
Actuarial loss (gain) 173.0 128.9  
Assumed through acquisitions   537.4  
Benefits paid (75.3) (38.7)  
Projected benefit obligation, end of year 2,105.1 1,892.4 1,154.7
Plan Assets      
Fair value of plan assets, beginning of year 1,352.1 988.9  
Actual returns on plan assets 174.0 7.3  
Company contributions 182.7 104.4  
Assumed through Nalco merger   290.2  
Benefits paid (75.3) (38.7)  
Fair value of plan assets, end of year 1,633.5 1,352.1 988.9
Funded Status, end of year (471.6) (540.3)  
Amounts recognized in Consolidated Balance Sheet:      
Other current liabilities (9.8) (10.6)  
Postretirement health care and pension benefits. (461.8) (529.7)  
Net liability (471.6) (540.3)  
Amounts recognized in Accumulated Other Comprehensive Loss:      
Unrecognized net actuarial loss 769.1 690.4  
Unrecognized net prior service costs (benefits) (54.5) (33.9)  
Tax benefit (273.0) (251.7)  
Accumulated other comprehensive loss, net of tax 441.6 404.8  
Change in Accumulated Other Comprehensive Loss:      
Amortization of net actuarial loss (gain) (45.1) (31.8)  
Amortization of prior service costs (benefits) 4.2 4.2  
Current period net actuarial loss (gain) 126.2 222.2  
Current period prior service costs (benefits) (24.8)    
Settlement (2.4)    
Tax expense (benefit) (21.3) (72.4)  
Other comprehensive loss (income) 36.8 122.2  
Estimated amounts in accumulated other comprehensive loss expected to be reclassified to net period cost during 2012:      
Net actuarial loss 62.3    
Net prior service costs/(benefits) (6.9)    
Total 55.4    
INTERNATIONAL PENSION
     
Defined Benefit Plan Disclosure      
Accumulated Benefit Obligation, end of year 1,075.2 896.0  
Projected Benefit Obligation      
Projected benefit obligation, beginning of year 978.6 579.4  
Service cost 29.6 23.1 18.9
Interest 48.3 28.2 26.7
Participant contributions 4.1 3.7  
Curtailments and settlements (4.8) (5.4)  
Plan amendments (8.3) (3.7)  
Actuarial loss (gain) 165.5 (43.0)  
Assumed through acquisitions 6.9 402.8  
Benefits paid (35.2) (26.3)  
Foreign currency translation (4.1) 19.8  
Projected benefit obligation, end of year 1,180.6 978.6 579.4
Plan Assets      
Fair value of plan assets, beginning of year 612.6 318.5  
Actual returns on plan assets 57.3 9.7  
Company contributions 52.5 44.0  
Participant contributions 4.1 3.7  
Assumed through Nalco merger   257.6  
Settlements (3.5) (4.3)  
Benefits paid (35.2) (26.3)  
Foreign currency translation 1.5 9.7  
Fair value of plan assets, end of year 689.3 612.6 318.5
Funded Status, end of year (491.3) (366.0)  
Amounts recognized in Consolidated Balance Sheet:      
Other assets 7.0 22.3  
Other current liabilities (13.1) (11.4)  
Postretirement health care and pension benefits. (485.2) (376.9)  
Net liability (491.3) (366.0)  
Amounts recognized in Accumulated Other Comprehensive Loss:      
Unrecognized net actuarial loss 241.3 102.8  
Unrecognized net prior service costs (benefits) (7.1) (2.5)  
Tax benefit (67.1) (30.8)  
Accumulated other comprehensive loss, net of tax 167.1 69.5  
Change in Accumulated Other Comprehensive Loss:      
Amortization of net actuarial loss (gain) (6.2) (8.1)  
Amortization of prior service costs (benefits) (0.3) (0.1)  
Current period net actuarial loss (gain) 143.4 (30.2)  
Current period prior service costs (benefits) (4.3) (3.7)  
Tax expense (benefit) (36.3) 10.5  
Foreign currency translation 1.3 6.6  
Other comprehensive loss (income) 97.6 (25.0)  
Estimated amounts in accumulated other comprehensive loss expected to be reclassified to net period cost during 2012:      
Net actuarial loss 11.1    
Net prior service costs/(benefits) (0.5)    
Total 10.6    
U.S. POSTRETIREMENT HEALTH CARE
     
Defined Benefit Plan Disclosure      
Accumulated Benefit Obligation, end of year 281.5 277.3  
Projected Benefit Obligation      
Projected benefit obligation, beginning of year 277.3 159.4  
Service cost 5.1 2.2 2.0
Interest 12.9 9.0 8.8
Participant contributions 10.0 4.4  
Medicare subsidies received 1.9 0.7  
Plan amendments (1.8) 0.1  
Actuarial loss (gain) 0.7 (6.2)  
Assumed through acquisitions   121.4  
Benefits paid (24.6) (13.7)  
Projected benefit obligation, end of year 281.5 277.3 159.4
Plan Assets      
Fair value of plan assets, beginning of year 16.6 19.6  
Actual returns on plan assets 1.9 0.2  
Company contributions 19.7 8.2  
Participant contributions 1.5 2.3  
Benefits paid (24.6) (13.7)  
Fair value of plan assets, end of year 15.1 16.6 19.6
Funded Status, end of year (266.4) (260.7)  
Amounts recognized in Consolidated Balance Sheet:      
Other current liabilities (7.4) (8.0)  
Postretirement health care and pension benefits. (259.0) (252.7)  
Net liability (266.4) (260.7)  
Amounts recognized in Accumulated Other Comprehensive Loss:      
Unrecognized net actuarial loss 12.3 12.9  
Unrecognized net prior service costs (benefits) (1.5) 0.3  
Tax benefit (5.7) (6.2)  
Accumulated other comprehensive loss, net of tax 5.1 7.0  
Change in Accumulated Other Comprehensive Loss:      
Amortization of net actuarial loss (gain) (0.4) (0.2)  
Amortization of prior service costs (benefits) (0.1) (0.1)  
Current period net actuarial loss (gain) (0.1) (5.0)  
Current period prior service costs (benefits) (1.8) 0.1  
Tax expense (benefit) 0.5 1.9  
Other comprehensive loss (income) (1.9) (3.3)  
Estimated amounts in accumulated other comprehensive loss expected to be reclassified to net period cost during 2012:      
Net actuarial loss 0.6    
Net prior service costs/(benefits) (0.3)    
Total $ 0.3