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Pension and Other Benefit Programs (Tables)
6 Months Ended
Jun. 30, 2017
Compensation And Retirement Disclosure [Abstract]  
Schedule Of Periodic Benefit (Credits) Costs

Following are the components of net periodic benefit (credits) costs:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

U.S. defined-benefit plans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pension benefits

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost of benefits earned during the period

 

$

2.1

 

 

$

2.2

 

 

$

4.2

 

 

$

5.8

 

Interest cost on projected benefit obligation

 

 

12.4

 

 

 

16.5

 

 

 

24.9

 

 

 

36.9

 

Expected return on plan assets

 

 

(24.8

)

 

 

(26.2

)

 

 

(49.6

)

 

 

(58.2

)

Amortization of prior service cost

 

 

0.3

 

 

 

0.4

 

 

 

0.7

 

 

 

0.9

 

Amortization of net actuarial loss

 

 

4.3

 

 

 

11.4

 

 

 

8.5

 

 

 

25.4

 

Net periodic pension (credit) cost

 

$

(5.7

)

 

$

4.3

 

 

$

(11.3

)

 

$

10.8

 

Less: Discontinued operations

 

 

-

 

 

 

-

 

 

 

-

 

 

 

2.2

 

Net periodic pension (credit) cost, continuing operations

 

$

(5.7

)

 

$

4.3

 

 

$

(11.3

)

 

$

8.6

 

Retiree health and life insurance benefits

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost of benefits earned during the period

 

$

0.1

 

 

$

0.1

 

 

$

0.2

 

 

$

0.2

 

Interest cost on projected benefit obligation

 

 

0.8

 

 

 

1.0

 

 

 

1.5

 

 

 

2.8

 

Amortization of prior service credit

 

 

-

 

 

 

(0.1

)

 

 

-

 

 

 

(0.2

)

Amortization of net actuarial gain

 

 

(0.9

)

 

 

(1.3

)

 

 

(1.8

)

 

 

(3.6

)

Net periodic postretirement (credit)

 

$

-

 

 

$

(0.3

)

 

$

(0.1

)

 

$

(0.8

)

Less: Discontinued operations

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(0.2

)

Net periodic postretirement (credit), continuing operations

 

$

-

 

 

$

(0.3

)

 

$

(0.1

)

 

$

(0.6

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-U.S. defined-benefit pension plans:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost of benefits earned during the period

 

$

0.5

 

 

$

0.6

 

 

$

1.0

 

 

$

1.1

 

Interest cost on projected benefit obligation

 

 

1.3

 

 

 

1.8

 

 

 

2.6

 

 

 

3.5

 

Expected return on plan assets

 

 

(1.7

)

 

 

(2.0

)

 

 

(3.3

)

 

 

(4.0

)

Amortization of net actuarial loss

 

 

0.3

 

 

 

0.3

 

 

 

0.6

 

 

 

0.6

 

Net periodic pension cost

 

$

0.4

 

 

$

0.7

 

 

$

0.9

 

 

$

1.2