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Pension and Other Benefit Programs (Tables)
6 Months Ended
Jun. 30, 2016
Compensation And Retirement Disclosure [Abstract]  
Schedule of Periodic Benefit Costs

Following are the components of net periodic benefit costs: 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

U.S. defined-benefit plans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pension benefits

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost of benefits earned during the period

 

$

2.2

 

 

$

2.5

 

 

$

4.4

 

 

$

5.0

 

Interest cost on projected benefit obligation

 

 

16.5

 

 

 

12.6

 

 

 

33.0

 

 

 

25.2

 

Expected return on plan assets

 

 

(26.2

)

 

 

(21.6

)

 

 

(52.4

)

 

 

(43.3

)

Amortization of prior service cost

 

 

0.4

 

 

 

0.3

 

 

 

0.8

 

 

 

0.5

 

Amortization of net actuarial loss

 

 

11.4

 

 

 

11.4

 

 

 

22.8

 

 

 

22.8

 

Net periodic pension cost

 

$

4.3

 

 

$

5.2

 

 

$

8.6

 

 

$

10.2

 

Retiree health and life insurance benefits

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost of benefits earned during the period

 

$

0.1

 

 

$

(0.2

)

 

$

0.2

 

 

$

(0.4

)

Interest cost on projected benefit obligation

 

 

1.0

 

 

 

(1.4

)

 

 

2.0

 

 

 

(2.8

)

Amortization of prior service credit

 

 

(0.1

)

 

 

0.1

 

 

 

(0.2

)

 

 

0.2

 

Amortization of net actuarial gain

 

 

(1.3

)

 

 

1.4

 

 

 

(2.6

)

 

 

3.0

 

Net periodic postretirement benefit (credit)

 

$

(0.3

)

 

$

(0.1

)

 

$

(0.6

)

 

$

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-U.S. defined-benefit pension plans

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost of benefits earned during the period

 

$

0.6

 

 

$

0.6

 

 

$

1.1

 

 

$

1.1

 

Interest cost on projected benefit obligation

 

 

1.8

 

 

 

1.9

 

 

 

3.5

 

 

 

3.7

 

Expected return on plan assets

 

 

(2.0

)

 

 

(1.9

)

 

 

(4.0

)

 

 

(3.8

)

Amortization of prior service cost

 

 

-

 

 

 

-

 

 

 

-

 

 

 

0.1

 

Amortization of net actuarial loss

 

 

0.3

 

 

 

0.6

 

 

 

0.6

 

 

 

1.2

 

Net periodic pension cost

 

$

0.7

 

 

$

1.2

 

 

$

1.2

 

 

$

2.3