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Employee Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2018
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Schedule of Net Benefit Costs NPPC for U.S. and international plans for 2018, 2017 and 2016 is as follows:
 
 
U.S. Plans
 
International Plans
(In thousands)
 
2018
 
2017
 
2016
 
2018
 
2017
 
2016
Defined benefit pension plans:
 
 
 
 
 
 
 
 
 
 
Service cost
 
$
42

 
$
43

 
$
102

 
$
1,669

 
$
1,724

 
$
1,585

Interest cost
 
9,562

 
9,878

 
10,165

 
21,589

 
21,459

 
26,822

Expected return on plan assets
 
(12,068
)
 
(10,485
)
 
(10,721
)
 
(42,685
)
 
(40,469
)
 
(42,979
)
Recognized prior service costs
 
1

 
33

 
63

 
(140
)
 
186

 
189

Recognized losses
 
5,207

 
5,701

 
5,493

 
14,807

 
16,283

 
12,002

Settlement/curtailment loss (gain)
 
285

 

 
276

 
(36
)
 
(20
)
 
79

Defined benefit pension plan cost (income)
 
3,029

 
5,170

 
5,378

 
(4,796
)
 
(837
)
 
(2,302
)
Multiemployer pension plans
 
686

 
650

 
636

 
1,313

 
1,306

 
1,368

Defined contribution plans
 
5,034

 
4,239

 
3,833

 
5,608

 
5,905

 
5,807

Net periodic pension cost
 
$
8,749

 
$
10,059

 
$
9,847

 
$
2,125

 
$
6,374

 
$
4,873

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, 2018 and 2017 are as follows:
 
 
U.S. Plans
 
International Plans
(In thousands)
 
2018
 
2017
 
2018
 
2017
Change in benefit obligation:
 
 
 
 
 
 
 
 
Benefit obligation at beginning of year
 
$
314,861

 
$
305,652

 
$
1,015,586

 
$
952,360

Service cost
 
42

 
43

 
1,669

 
1,724

Interest cost
 
9,562

 
9,878

 
21,589

 
21,459

Plan participants' contributions
 

 

 
49

 
61

Amendments
 

 

 
11,238

 
(4,459
)
Actuarial (gain) loss
 
(21,474
)
 
14,459

 
(78,658
)
 
(3,613
)
Settlements/curtailments
 

 

 
(313
)
 
(3,362
)
Benefits paid
 
(16,964
)
 
(15,171
)
 
(37,721
)
 
(40,379
)
Effect of foreign currency
 

 

 
(58,760
)
 
91,795

Benefit obligation at end of year
 
$
286,027

 
$
314,861

 
$
874,679

 
$
1,015,586

 
 
 
 
 
 
 
 
 

 
 
U.S. Plans
 
International Plans
(In thousands)
 
2018
 
2017
 
2018
 
2017
Change in plan assets:
 
 
 
 
 
 
 
 
Fair value of plan assets at beginning of year
 
$
229,941

 
$
205,271

 
$
842,717

 
$
732,743

Actual return on plan assets
 
(17,883
)
 
33,942

 
(30,004
)
 
67,136

Employer contributions
 
10,294

 
5,899

 
18,415

 
18,187

Plan participants' contributions
 

 

 
49

 
61

Settlements/curtailments
 

 

 
(313
)
 
(3,241
)
Benefits paid
 
(16,964
)
 
(15,171
)
 
(37,570
)
 
(39,800
)
Effect of foreign currency
 

 

 
(48,756
)
 
67,631

Fair value of plan assets at end of year
 
$
205,388

 
$
229,941

 
$
744,538

 
$
842,717

Funded status at end of year
 
$
(80,639
)
 
$
(84,920
)
 
$
(130,141
)
 
$
(172,869
)
Schedule of Amounts Recognized in Balance Sheet Amounts recognized on the Consolidated Balance Sheets for defined benefit pension plans consist of the following at December 31, 2018 and 2017:
 
 
U.S. Plans
 
International Plans
 
 
December 31
 
December 31
(In thousands)
 
2018
 
2017
 
2018
 
2017
Noncurrent assets
 
$
1,953

 
$
1,860

 
$
2,379

 
$
1,820

Current liabilities
 
1,954

 
2,237

 
643

 
625

Noncurrent liabilities
 
80,638

 
84,543

 
131,876

 
174,064

Accumulated other comprehensive loss before tax
 
149,326

 
146,341

 
391,849

 
427,127

Schedule of Net Periodic Benefit Cost Not yet Recognized Amounts recognized in Accumulated other comprehensive loss, before tax, for defined benefit pension plans consist of the following at December 31, 2018 and 2017:
 
 
U.S. Plans
 
International Plans
(In thousands)
 
2018
 
2017
 
2018
 
2017
Net actuarial loss
 
$
149,326

 
$
146,340

 
$
384,666

 
$
430,377

Prior service cost
 

 
1

 
7,183

 
(3,250
)
Total
 
$
149,326

 
$
146,341

 
$
391,849

 
$
427,127

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 pension plan NPPC in 2019 are as follows:
(In thousands)
 
U.S. Plans
 
International  Plans
Net actuarial loss
 
$
5,621

 
$
14,480

Prior service cost
 

 
324

Total
 
$
5,621

 
$
14,804

Schedule of Expected Benefit Payments The expected benefit payments for defined benefit pension plans over the next ten years are as follows:
(In millions)
 
2019
 
2020
 
2021
 
2022
 
2023
 
2024-2028
U.S. Plans
 
$
20.0

 
$
19.5

 
$
19.3

 
$
19.4

 
$
19.3

 
$
94.1

International Plans
 
38.5

 
39.4

 
41.0

 
41.4

 
42.5

 
228.2

Schedule of Assumptions Used The weighted-average actuarial assumptions used to determine the defined benefit pension plan obligations at
December 31, 2018 and 2017 were as follows:
 
 
U.S. Plans
 
International Plans
 
Global Weighted-Average
 
 
December 31
 
December 31
 
December 31
 
 
2018
 
2017
 
2018
 
2017
 
2018
 
2017
Discount rates
 
4.2
%
 
3.5
%
 
2.9
%
 
2.6
%
 
3.2
%
 
2.8
%
The weighted-average actuarial assumptions used to determine the defined benefit pension plan NPPC for 2018, 2017 and 2016 were as follows:
 
 
U.S. Plans
December 31
 
International Plans
December 31
 
Global Weighted-Average
December 31
 
 
2018
 
2017
 
2016
 
2018
 
2017
 
2016
 
2018
 
2017
 
2016
Discount rates
 
3.5
%
 
4.0
%
 
4.2
%
 
2.6
%
 
2.8
%
 
3.8
%
 
2.8
%
 
3.1
%
 
3.9
%
Expected long-term rates of return on plan assets
 
7.3
%
 
7.3
%
 
7.3
%
 
5.6
%
 
5.9
%
 
6.5
%
 
6.0
%
 
6.2
%
 
6.7
%
Schedule of Accumulated Benefit Obligations The accumulated benefit obligation for all defined benefit pension plans at December 31, 2018 and 2017 was as follows:
 
 
U.S. Plans
 
International Plans
 
 
December 31
 
December 31
(In millions)
 
2018
 
2017
 
2018
 
2017
Accumulated benefit obligation
 
$
286.0

 
$
314.9

 
$
869.4

 
$
1,010.6

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 defined benefit pension plans with accumulated benefit obligations in excess of plan assets at December 31, 2018 and 2017 were as follows:
 
 
U.S. Plans
 
International Plans
 
 
December 31
 
December 31
(In millions)
 
2018
 
2017
 
2018
 
2017
Projected benefit obligation
 
$
279.2

 
$
306.0

 
$
831.7

 
$
986.6

Accumulated benefit obligation
 
279.2

 
306.0

 
828.9

 
981.9

Fair value of plan assets
 
196.6

 
219.2

 
701.4

 
812.0

U.S. Plans | Pension Plan  
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 U.S. defined benefit pension plans' assets at December 31, 2017 by asset class are as follows:
(In thousands)
 
Total
 
Level 1
 
Level 2
Domestic equities:
 
 
 
 
 
 
Common stocks
 
$
28,200

 
$
28,200

 
$

Mutual funds—equities
 
60,785

 
11,062

 
49,723

International equities:
 
 
 
 
 
 
Common stocks
 
1,429

 
1,429

 

Mutual funds—equities
 
54,879

 
54,879

 

Fixed income investments:
 
 
 
 
 
 
U.S. Treasuries and collateralized securities
 
18,407

 

 
18,407

Corporate bonds and notes
 
10,878

 
10,878

 

Mutual funds—bonds
 
41,745

 
12,184

 
29,561

Other—mutual funds
 
11,336

 
11,336

 

Cash and money market accounts
 
2,282

 
2,282

 

Total
 
$
229,941

 
$
132,250

 
$
97,691

The fair values of the Company's U.S. defined benefit pension plans' assets at December 31, 2018 by asset class are as follows:
(In thousands)
 
Total
 
Level 1
 
Level 2
Domestic equities:
 
 
 
 
 
 
Common stocks
 
$
8,937

 
$
8,937

 
$

Mutual funds—equities
 
54,002

 
54,002

 

International equities:
 


 
 
 
 
Mutual funds—equities
 
45,195

 
45,195

 

Fixed income investments:
 

 
 
 
 
Mutual funds—bonds
 
88,107

 
88,107

 

Other—mutual funds
 
7,703

 
7,703

 

Cash and money market accounts
 
1,444

 
1,444

 

Total
 
$
205,388

 
$
205,388

 
$

The asset allocations attributable to the Company's U.S. defined benefit pension plans at December 31, 2018 and 2017, and the long-term target allocation of plan assets, by asset category, are as follows:
 
 
Target  Long-Term
Allocation
 
Percentage of Plan Assets
December 31
U.S. Plans Asset Category
 
 
2018
 
2017
Domestic equity securities
 
27%-37%
 
30.6
%
 
38.6
%
International equity securities
 
20%-30%
 
22.0
%
 
24.5
%
Fixed income securities
 
35%-45%
 
42.9
%
 
30.9
%
Cash and cash equivalents
 
Less than 5%
 
0.7
%
 
1.0
%
Other (a)
 
0%-10%
 
3.8
%
 
5.0
%

(a)
Investments within this caption include diversified global asset allocation funds.
International Plans | Pension Plan  
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 international defined benefit pension plans at December 31, 2018 and 2017 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
December 31
 
 
2018
 
2017
Equity securities
 
29.0
%
 
29.2
%
 
31.5
%
Fixed income securities
 
50.0
%
 
50.7
%
 
44.6
%
Cash and cash equivalents
 

 
0.3
%
 
0.3
%
Other (b)
 
21.0
%
 
19.8
%
 
23.6
%

(b) Investments within this caption include diversified growth funds and real estate funds. The fair values of the Company's international defined benefit pension plans' assets at December 31, 2018 by asset class are as follows:
(In thousands)
 
Total
 
Level 1
 
Level 2
Equity securities:
 
 
 
 
 
 
Mutual funds—equities
 
$
217,321

 
$

 
$
217,321

Fixed income investments:
 

 
 
 
 
Mutual funds—bonds
 
372,094

 

 
372,094

Insurance contracts
 
5,620

 

 
5,620

Other:
 

 
 
 
 
Other mutual funds
 
147,313

 

 
147,313

Cash and money market accounts
 
2,190

 
2,190

 

Total
 
$
744,538

 
$
2,190

 
$
742,348

The fair values of the Company's international defined benefit pension plans' assets at December 31, 2017 by asset class are as follows:
(In thousands)
 
Total
 
Level 1
 
Level 2
Equity securities:
 
 
 
 
 
 
Mutual funds—equities
 
$
265,989

 
$

 
$
265,989

Fixed income investments:
 
 
 
 
 
 
Mutual funds—bonds
 
369,291

 

 
369,291

Insurance contracts
 
6,189

 


 
6,189

Other:
 

 
 
 
 
Other mutual funds
 
198,856

 

 
198,856

Cash and money market accounts
 
2,392

 
2,392

 

Total
 
$
842,717

 
$
2,392

 
$
840,325