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Employee Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2015
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule of Net Benefit Costs
Net periodic pension cost ("NPPC") for U.S. and international pension plans for 2015, 2014 and 2013 is as follows:
 
 
U.S. Plans
 
International Plans
(In thousands)
 
2015
 
2014
 
2013
 
2015
 
2014
 
2013
Defined benefit plans:
 
 
 
 
 
 
 
 
 
 
Service cost
 
$
2,889

 
$
2,233

 
$
2,565

 
$
1,648

 
$
1,610

 
$
3,457

Interest cost
 
12,357

 
12,868

 
11,767

 
36,282

 
43,230

 
42,707

Expected return on plan assets
 
(16,812
)
 
(16,786
)
 
(15,642
)
 
(50,091
)
 
(49,927
)
 
(46,920
)
Recognized prior service costs
 
81

 
90

 
248

 
188

 
184

 
335

Recognized losses
 
4,919

 
3,352

 
5,052

 
16,875

 
14,102

 
16,447

Settlement/curtailment loss (gain)
 

 

 

 
(23
)
 
60

 
(372
)
Defined benefit plans pension cost
 
3,434

 
1,757

 
3,990

 
4,879

 
9,259

 
15,654

Multiemployer plans
 
853

 
1,199

 
12,444

 
1,463

 
1,762

 
5,449

Defined contribution plans
 
3,921

 
4,704

 
4,945

 
6,765

 
8,033

 
11,139

Net periodic pension cost
 
$
8,208

 
$
7,660

 
$
21,379

 
$
13,107

 
$
19,054

 
$
32,242

Schedule of Net Funded Status
The change in the financial status of the defined benefit pension plans and amounts recognized on the Consolidated Balance Sheets at December 31, 2015 and 2014 are as follows:
 
 
U.S. Plans
 
International Plans
(In thousands)
 
2015
 
2014
 
2015
 
2014
Change in benefit obligation:
 
 
 
 
 
 
 
 
Benefit obligation at beginning of year
 
$
325,319

 
$
283,571

 
$
1,049,603

 
$
958,705

Service cost
 
2,889

 
2,233

 
1,648

 
1,610

Interest cost
 
12,357

 
12,868

 
36,282

 
43,230

Plan participants' contributions
 

 

 
61

 
75

Amendments
 

 

 
47

 

Actuarial (gain) loss
 
(14,417
)
 
49,939

 
(85,028
)
 
150,289

Settlements/curtailments
 

 

 
(250
)
 
(589
)
Benefits paid
 
(18,758
)
 
(23,292
)
 
(38,197
)
 
(41,522
)
Effect of foreign currency
 

 

 
(64,062
)
 
(62,250
)
Other
 

 

 

 
55

Benefit obligation at end of year
 
$
307,390

 
$
325,319

 
$
900,104

 
$
1,049,603

Change in plan assets:
 
 
 
 
 
 
 
 
Fair value of plan assets at beginning of year
 
$
233,350

 
$
233,579

 
$
791,045

 
$
770,911

Actual return on plan assets
 
(8,011
)
 
15,465

 
22,602

 
80,518

Employer contributions
 
2,289

 
7,598

 
27,402

 
28,112

Plan participants' contributions
 

 

 
61

 
75

Settlements/curtailments
 

 

 
(250
)
 

Benefits paid
 
(18,758
)
 
(23,292
)
 
(37,693
)
 
(40,948
)
Effect of foreign currency
 

 

 
(47,201
)
 
(47,623
)
Fair value of plan assets at end of year
 
$
208,870

 
$
233,350

 
$
755,966

 
$
791,045

 
 
 
 
 
 
 
 
 
Funded status at end of year
 
$
(98,520
)
 
$
(91,969
)
 
$
(144,138
)
 
$
(258,558
)
Schedule of Amounts Recognized in Balance Sheet
Amounts recognized on the Consolidated Balance Sheets consist of the following at December 31, 2015 and 2014:
 
 
U.S. Plans
 
International Plans
 
 
December 31
 
December 31
(In thousands)
 
2015
 
2014
 
2015
 
2014
Noncurrent assets
 
$
229

 
$
615

 
$
1,229

 
$
1,746

Current liabilities
 
2,072

 
2,102

 
479

 
524

Noncurrent liabilities
 
96,678

 
90,482

 
144,888

 
259,780

Accumulated other comprehensive loss before tax
 
162,571

 
157,165

 
376,641

 
479,382

Schedule of Net Periodic Benefit Cost Not yet Recognized
Amounts recognized in Accumulated other comprehensive loss, before tax, consist of the following at December 31, 2015 and 2014:
 
 
U.S. Plans
 
International Plans
(In thousands)
 
2015
 
2014
 
2015
 
2014
Net actuarial loss
 
$
162,475

 
$
156,989

 
$
375,725

 
$
478,396

Prior service cost
 
96

 
176

 
916

 
986

Total
 
$
162,571

 
$
157,165

 
$
376,641

 
$
479,382

Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year
The estimated amounts that will be amortized from accumulated other comprehensive loss into defined benefit NPPC in 2016 are as follows:
(In thousands)
 
U.S. Plans
 
International  Plans
Net actuarial loss
 
$
5,489

 
$
13,139

Prior service cost
 
63

 
173

Total
 
$
5,552

 
$
13,312

Schedule of Expected Benefit Payments
The expected benefit payments for defined benefit plans over the next 10 years are as follows:
(In millions)
 
2016
 
2017
 
2018
 
2019
 
2020
 
2021-2025
U.S. Plans
 
$
19.1

 
$
19.1

 
$
18.9

 
$
18.7

 
$
18.8

 
$
94.8

International Plans
 
39.7

 
40.3

 
41.2

 
42.6

 
44.5

 
244.4

Schedule of Assumptions Used
The weighted-average actuarial assumptions used to determine the defined benefit pension plan obligations at December 31, 2015 and 2014 were as follows:
 
 
U.S. Plans
 
International Plans
 
Global Weighted-Average
 
 
December 31
 
December 31
 
December 31
 
 
2015
 
2014
 
2015
 
2014
 
2015
 
2014
Discount rates
 
4.2
%
 
3.9
%
 
3.8
%
 
3.7
%
 
3.9
%
 
3.7
%
Rates of compensation increase
 
3.0
%
 
3.0
%
 
3.2
%
 
3.2
%
 
3.2
%
 
3.2
%
The weighted-average actuarial assumptions used to determine the NPPC for 2015, 2014 and 2013 were as follows:
 
 
U.S. Plans
December 31
 
International Plans
December 31
 
Global Weighted-Average
December 31
 
 
2015
 
2014
 
2013
 
2015
 
2014
 
2013
 
2015
 
2014
 
2013
Discount rates
 
3.9
%
 
4.7
%
 
3.8
%
 
3.7
%
 
4.7
%
 
4.3
%
 
3.7
%
 
4.7
%
 
4.2
%
Expected long-term rates of return on plan assets
 
7.5
%
 
7.5
%
 
7.5
%
 
6.8
%
 
6.8
%
 
6.6
%
 
7.0
%
 
7.0
%
 
6.8
%
Rates of compensation increase
 
3.0
%
 
3.0
%
 
3.0
%
 
3.2
%
 
3.4
%
 
2.8
%
 
3.2
%
 
3.4
%
 
2.8
%
Schedule of Accumulated Benefit Obligations
The accumulated benefit obligation for all defined benefit pension plans at December 31, 2015 and 2014 was as follows:
 
 
U.S. Plans
 
International Plans
 
 
December 31
 
December 31
(In millions)
 
2015
 
2014
 
2015
 
2014
Accumulated benefit obligation
 
$
307.4

 
$
325.3

 
$
894.8

 
$
1,043.2

Schedule of Accumulated Benefit Obligations in Excess of Fair Value of Plan Assets
The projected benefit obligation, accumulated benefit obligation and fair value of plan assets for pension plans with accumulated benefit obligations in excess of plan assets at December 31, 2015 and 2014 were as follows:
 
 
U.S. Plans
 
International Plans
 
 
December 31
 
December 31
(In millions)
 
2015
 
2014
 
2015
 
2014
Projected benefit obligation
 
$
297.5

 
$
314.9

 
$
876.9

 
$
1,032.1

Accumulated benefit obligation
 
297.5

 
314.9

 
871.9

 
1,026.0

Fair value of plan assets
 
198.8

 
222.3

 
731.6

 
771.8

Schedule of Effect of Significant Unobservable Inputs, Changes in Plan Assets
The following table summarizes changes in the fair value of Level 3 assets for 2015, 2014 and 2013:
Level 3 Asset Changes for the Twelve Months Ended December 31
 
 
(In thousands)
 
2015
 
2014
 
2013
Real Estate Limited Partnership:
 
 
 
 
 
 
Balance at beginning of year
 
$
22,647

 
$
20,423

 
$
17,746

Contributions to partnership
 
109

 
385

 
838

Cash distributions received
 
(10,062
)
 
(1,614
)
 
(1,380
)
Actual return on plan assets:
 
 
 
 
 
 
  Related to asset still held at end of year
 
11,668

 
3,453

 
3,219

Balance at end of year
 
$
24,362

 
$
22,647

 
$
20,423

U.S. Plans  
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule of Allocation of Plan Assets
The asset allocations attributable to the Company's U.S. defined benefit pension plans at December 31, 2015 and 2014, and the long-term target allocation of plan assets, by asset category, are as follows:
 
 
Target  Long-Term
Allocation
 
Percentage of Plan Assets at
December 31
U.S. Plans Asset Category
 
 
2015
 
2014
Domestic equity securities
 
32%-42%
 
37.2
%
 
39.1
%
International equity securities
 
15%-25%
 
18.5
%
 
18.2
%
Fixed income securities
 
28%-38%
 
32.6
%
 
30.3
%
Cash and cash equivalents
 
Less than 5%
 
1.7
%
 
3.1
%
Other
 
5%-15%
 
10.0
%
 
9.3
%
The fair values of the Company's U.S. pension plans' assets at December 31, 2014 by asset class are as follows:
(In thousands)
 
Total
 
Level 1
 
Level 2
Domestic equities:
 
 
 
 
 
 
Common stocks
 
$
44,064

 
$
44,064

 
$

Mutual funds—equities
 
47,313

 
13,335

 
33,978

International equities—mutual funds
 
42,446

 
42,446

 

Fixed income investments:
 
 
 
 
 
 
U.S. Treasuries and collateralized securities
 
18,759

 

 
18,759

Corporate bonds and notes
 
11,347

 
11,347

 

Mutual funds—bonds
 
40,568

 
11,936

 
28,632

Other—mutual funds
 
21,700

 
21,700

 

Cash and money market accounts
 
7,153

 
7,153

 

Total
 
$
233,350

 
$
151,981

 
$
81,369

The fair values of the Company's U.S. pension plans' assets at December 31, 2015 by asset class are as follows:
(In thousands)
 
Total
 
Level 1
 
Level 2
Domestic equities:
 
 
 
 
 
 
Common stocks
 
$
35,619

 
$
35,619

 
$

Mutual funds—equities
 
42,093

 
11,595

 
30,498

International equities—mutual funds
 
38,787

 
38,787

 

Fixed income investments:
 

 
 
 
 
U.S. Treasuries and collateralized securities
 
15,506

 

 
15,506

Corporate bonds and notes
 
12,987

 
12,987

 

Mutual funds—bonds
 
39,594

 
12,094

 
27,500

Other—mutual funds
 
20,803

 
20,803

 

Cash and money market accounts
 
3,481

 
3,481

 

Total
 
$
208,870

 
$
135,366

 
$
73,504

International Plans  
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule of Allocation of Plan Assets
The fair values of the Company's international pension plans' assets at December 31, 2014 by asset class are as follows:
(In thousands)
 
Total
 
Level 1
 
Level 2
 
Level 3
Equity securities:
 
 
 
 
 
 
 
 
Mutual funds—equities
 
$
292,150

 
$

 
$
292,150

 
$

Fixed income investments:
 
 
 
 
 
 
 
 
Mutual funds—bonds
 
350,073

 

 
350,073

 

Insurance contracts
 
8,233

 

 
8,233

 

Other:
 

 
 
 
 
 
 
Real estate funds / limited partnerships
 
53,926

 

 
31,279

 
22,647

Other mutual funds
 
84,120

 

 
84,120

 

Cash and money market accounts
 
2,543

 
2,543

 

 

Total
 
$
791,045

 
$
2,543

 
$
765,855

 
$
22,647

The fair values of the Company's international pension plans' assets at December 31, 2015 by asset class are as follows:
(In thousands)
 
Total
 
Level 1
 
Level 2
 
Level 3
Equity securities:
 
 
 
 
 
 
 
 
Mutual funds—equities
 
$
255,937

 
$

 
$
255,937

 
$

Fixed income investments:
 

 
 
 
 
 
 
Mutual funds—bonds
 
320,259

 

 
320,259

 

Insurance contracts
 
7,306

 

 
7,306

 

Other:
 

 
 
 
 
 
 
Real estate funds/limited partnerships
 
52,313

 

 
27,951

 
24,362

Other mutual funds
 
117,646

 

 
117,646

 

Cash and money market accounts
 
2,505

 
2,505

 

 

Total
 
$
755,966

 
$
2,505

 
$
729,099

 
$
24,362

The asset allocations attributable to the Company's international defined benefit pension plans at December 31, 2015 and 2014 and the long-term target allocation of plan assets, by asset category, are as follows:
International Plans Asset Category
 
Target Long-Term
Allocation
 
Percentage of Plan Assets at
December 31
 
 
2015
 
2014
Equity securities
 
32.5
%
 
33.7
%
 
36.9
%
Fixed income securities
 
42.5
%
 
43.3
%
 
45.3
%
Cash and cash equivalents
 

 
0.3
%
 
0.3
%
Other (a)
 
25.0
%
 
22.7
%
 
17.5
%