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Employee Benefits, Defined Benefit Plans (Details) (USD $)
In Millions, except Share data, unless otherwise specified
12 Months Ended 3 Months Ended 12 Months Ended 12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Dec. 31, 2011
Additional Capital
Dec. 31, 2010
Additional Capital
Dec. 31, 2009
Additional Capital
Dec. 31, 2011
Common Stock Owned by Union VEBA Subject to Transfer Restriction
Dec. 31, 2010
Common Stock Owned by Union VEBA Subject to Transfer Restriction
Dec. 31, 2011
Canadian pension plan
Dec. 31, 2010
Canadian pension plan
Dec. 31, 2009
Canadian pension plan
Dec. 31, 2011
Canadian pension plan
London, Ontario Facility
Dec. 31, 2011
VEBAs
Dec. 31, 2010
VEBAs
Dec. 31, 2009
VEBAs
Dec. 31, 2011
VEBAs
Amortization of Prior Service Cost
Dec. 31, 2011
VEBAs
Amortization of Net Actuarial Loss
Dec. 31, 2011
VEBAs
Maximum
Mar. 31, 2011
VEBAs
Additional Amount
Dec. 31, 2011
VEBAs
Annual Cash Flows up to $20 Million
Dec. 31, 2011
VEBAs
Annual Cash Flows in Excess of $20 Million
Dec. 31, 2011
Union VEBA
trustrees
Dec. 31, 2010
Union VEBA
Dec. 31, 2009
Union VEBA
Dec. 31, 2011
Union VEBA
Company Appointed
trustrees
Dec. 31, 2011
Union VEBA
USW Appointed
trustrees
Dec. 31, 2011
Salaried VEBA
Dec. 31, 2010
Salaried VEBA
Dec. 31, 2009
Salaried VEBA
Defined Benefit Plan, Actual Plan Asset Allocations                                                          
Portion of plan assets invested in equity securities                 55.00%                                        
Portion of plan assets invested in debt securities                 40.00%                                        
Defined Benefit Plan, Assets, Target Allocations                                                          
Asset mix target allocation in equity                       55.00%                                  
Asset mix target allocation in debt                       43.00%                                  
Postretirement Medical Obligations                                                          
Number of trustees                                           4     2 2      
Common stock, shares outstanding 19,253,185 19,214,451                                       2,202,495 3,523,980            
Postretirement medical plan common stock ownership percentage                                           11.00%              
Unrestricted Union VEBA shares allowed to be sold in any twelve-month period                                           1,321,485              
Stock transfer restriction annual period                                           12 months              
Common stock sold by Union VEBA 1,321,485 1,321,485                                                      
Increase in Union VEBA assets                                           $ 65.5 [1] $ 52.1 [1]            
Reduction in Common stock owned by Union VEBA (40.5) (32.5)   (8.8) (0.7)   (31.7) [2] (31.8) [2]                                          
Increase in Additional paid in capital (40.5) (32.5)   (8.8) (0.7)   (31.7) [2] (31.8) [2]                                          
Decrease in Deferred tax assets       (25.0) (19.6) 0                                              
Weighted average price per share sold by Union VEBA $ 49.58 $ 39.39                                                      
Reorganization value per share $ 24.02 $ 24.02                                                      
Administrative expense obligation                                   0.3                      
Postretirement medical plan contribution obligation percentage                                       10.00% 20.00%                
Cash flow in determining VEBA obligation                         20.0                                
Accrued annual VEBA contribution 0 2.1                                         1.8         0.3  
Postretirement medical plan contribution obligation paid                                     0.1                    
Liquidity requirement                         50.0                                
Administrative expenses of the VEBAs                         0.3                   0.3 0.3          
Assumptions used to determine benefit obligations                                                          
Discount rate                 5.60% 5.70%                       4.20% 5.25%       3.75% 4.70%  
Rate of compensation increase                 3.00% 3.50%                                      
Initial medical trend rate                                           8.50% [3] 9.00% [3]            
Ultimate medical trend rate                                           5.00% [3],[4] 5.00% [3],[4] 5.00% [3],[4]          
Year that rate reaches ultimate trend rate 2019 2019                                       2019 2019 2013          
Effect of one-percentage-point increase in medical trend rate on accumulated postretirement benefit obligation                                           50.5 37.0            
Effect of one-percentage-point decrease in medical trend rate on accumulated postretirement benefit obligation                                           40.8 30.4            
Assumptions used to determine net periodic benefit cost (income)                                                          
Discount rate                 5.70% 6.70% 7.50%                     5.25% 5.80% 6.00%     4.70% 5.40% 6.00%
Expected long term return on plan assets                 5.40% [5] 5.40% [5] 6.00% [5]                     6.00% [5] 4.75% [5] 5.75% [5]     7.25% [5] 7.25% [5] 7.25% [5]
Rate of compensation increase                 3.50% 3.50% 3.30%                                    
Initial medical trend rate used in calculating net periodic benefit cost                                           9.00% [4] 9.50% [4] 9.00% [4]          
Ultimate medical trend rate                                           5.00% [3],[4] 5.00% [3],[4] 5.00% [3],[4]          
Year that rate reaches ultimate trend rate 2019 2019                                       2019 2019 2013          
Effect of one-percentage-point increase on service and interest cost components                                           2.7 2.7 2.4          
Effect of one-percentage-point decrease on service and interest cost components                                           2.1 2.2 1.9          
Change in Benefit Obligation:                                                          
Obligation at beginning of year                 (5.4) (4.1)     (348.6) (344.8)               (289.0)         (59.6)    
Foreign currency translation adjustment                 (0.1) 0.2     0 0                              
Service cost                 0.2 0.1 0.1   2.2 2.0 2.2                            
Interest cost                 0.3 0.3 0.2   17.4 19.1 18.7                            
Actuarial loss (gain)                 (0.2) [6] 0.8 [6]     96.8 [6] 2.8 [6]                              
Plan participant contributions                 0 0.1     0 0                              
Benefits paid by Company                 (0.2) (0.2)     (21.1) (23.2)                              
Benefits paid by VEBA                 (0.2) (0.2)     (21.1) (23.2)                              
Reimbursement from Retiree Drug Subsidy                                           3.0 [7] 3.1 [7]            
Obligation at end of year                 (5.4) (5.4) (4.1)   (446.9) (348.6) (344.8)             (370.0) (289.0)       (76.9) (59.6)  
Change in Plan Assets:                                                          
FMV of plan assets at beginning of year                 4.9 4.1     506.6 422.4               445.7         60.9    
Foreign currency translation adjustment                 (0.1) 0.2     0 0                              
Actual return on assets                 (0.2) 0.3     16.9 49.9                              
Plan participant contributions                 0 0.1     0 0                              
Employer/Company contributions                 0.5 0.4     0.1 2.3       20.0                      
Benefits paid by Company                 (0.2) (0.2)     (21.1) (23.2)                              
Benefits paid by VEBA                 (0.2) (0.2)     (21.1) (23.2)                              
Reimbursement from Retiree Drug Subsidy                                           3.0 [7] 3.1 [7]            
FMV of plan assets at end of year                 4.9 4.9 4.1   571.0 506.6 422.4             514.7 445.7       56.3 60.9  
Benefit Obligations and Funded Status Additional Disclosure                                                          
Actuarial loss resulting from an increase in benefit cost for plan participants                         31.4                                
Actuarial loss resulting from a decrease in discount rates used to determine benefit obligations                         53.5                                
Actuarial loss resulting from change in actuarial assumptions                         11.9                                
Prescription drug benefit retiree drug subsidy percentage                                           28.00%              
Net asset In respect of VEBAs 144.7 158.0                                                      
Net liability in respect of VEBA 20.6 0                                                      
Net Funded Status                                                          
APBO                 (5.4) (5.4) (4.1)   (446.9) (348.6) (344.8)             (370.0) (289.0)       (76.9) (59.6)  
Plan assets                 4.9 4.9 4.1   571.0 506.6 422.4             514.7 445.7       56.3 60.9  
Net Funded Status                 (0.5) (0.5)     124.1 [8] 158.0 [8]               144.7 156.7       (20.6) 1.3  
Projected benefit obligation                 4.9 4.8                                      
Net benefits expected to be paid in 2012                 0.5                                        
Anticipated Retiree Drug Subsidy                                                          
Anticipated Retiree Drug Subsidy, 2012                                           (3.1)              
Anticipated Retiree Drug Subsidy, 2013                                           (3.3)              
Anticipated Retiree Drug Subsidy, 2014                                           (3.5)              
Anticipated Retiree Drug Subsidy, 2015                                           (3.6)              
Anticipated Retiree Drug Subsidy, 2016                                           (3.7)              
Anticipated Retiree Drug Subsidy, 2017-2021                                           (19.7)              
Expected future benefit payments, 2012 25.8               0.2       28.7 [9]                                
Expected future benefit payments, 2013 26.3               0.3       29.3 [9]                                
Expected future benefit payments, 2014 26.4               0.3       29.6 [9]                                
Expected future benefit payments, 2015 26.6               0.3       29.9 [9]                                
Expected future benefit payments, 2016 26.7               0.3       30.1 [9]                                
Expected future benefit payments, 2017-2021 159.4               1.8       177.3 [9]                                
Accumulated other comprehensive (loss) income                                                          
Accumulated net actuarial (losses) gains                 (2.0) (1.8)     (95.1) 14.7                              
Transition assets                 0.4 0.4                                      
Prior service cost                         (41.1) (45.3)                              
(Loss) income recognized in Accumulated other comprehensive (loss) income                 (1.6) (1.4)     (136.2) (30.6)                              
Amounts in Accumulated other comprehensive (loss) income expected to be recognized in 2012                                                          
Amounts in Accumulated other comprehensive (loss) income expected to be recognized in 2012                 0.1       7.2     4.2 3.0                        
Components of Net Periodic Benefit Costs (Income)                                                          
Service cost                 0.2 0.1 0.1   2.2 2.0 2.2                            
Interest cost                 0.3 0.3 0.2   17.4 19.1 18.7                            
Expected return on plan assets                 (0.3) (0.2) (0.2)   (30.4) (20.9) (21.0)                            
Amortization of prior service cost                 0 [10] 0 [10] 0 [10]   4.2 [10] 4.2 [10] 1.6 [10]                            
Amortization of net gain (loss)                 0.1 0 0   0.6 0.7 3.8                            
Net periodic benefit costs (income) $ (5.7) $ 5.1 $ 5.3           $ 0.3 $ 0.2 $ 0.1   $ (6.0) $ 5.1 $ 5.3                            
[1] At a weighted-average price of $49.58 and $39.39 per share realized by the Union VEBA for the years 2011 and 2010, respectively.
[2] At $24.02 per share reorganization value.
[3] The medical trend rate assumptions used for the Union VEBA were provided by the Union VEBA and certain industry data were provided by the Company's actuaries. The trend rate is assumed to decline to 5% by 2019 at December 31, 2011 and December 31, 2010. A one-percentage-point increase in the assumed medical trend rates would increase the accumulated postretirement benefit obligation of the Union VEBA by $50.5 and $37.0 at December 31, 2011 and December 31, 2010, respectively. A one-percentage-point decrease in the assumed medical trend rates would decrease the accumulated postretirement benefit obligation of the Union VEBA by $40.8 and $30.4 at December 31, 2011 and December 31, 2010, respectively.
[4] The medical trend rate assumptions were used for the Union VEBA, which is currently paying certain prescription drug benefits, and provided by the Union VEBA and industry data from the Company's actuaries. The trend rate is assumed to decline to 5% by 2019, 5% by 2019 and 5% by 2013 for 2011, 2010 and 2009, respectively. A one-percentage-point increase in the assumed medical trend rates would increase the aggregate of the service and interest cost components of net periodic benefit costs by $2.7, $2.7 and $2.4 for 2011, 2010 and 2009, respectively. A one-percentage-point decrease in the assumed medical trend rates would decrease the aggregate of the service and interest cost components of net periodic benefit costs by $2.1, $2.2, and $1.9 for 2011, 2010 and 2009, respectively.
[5] The expected long-term rate of return assumption is based on the historical investment portfolios provided to the Company by the VEBAs’ trustees.
[6] The actuarial loss relating to the VEBA plans in 2011 is comprised of (i) a loss of $31.4 resulting from an increase in benefit cost for plan participants, (ii) a loss of $53.5 resulting from a decrease in discount rates used to determine benefit obligations for both VEBA plans and (iii) a loss of $11.9 resulting from change in actuarial assumptions. The actuarial loss relating to the VEBA plans in 2010 is primarily the result of a change in the assumption in participant marital status in the Union VEBA and a change in annual benefit payment per participant in the Salaried VEBA.
[7] In January 2005, the Department of Health and Human Services’ Centers for Medicare and Medicaid Services (CMS) released final regulations governing the Medicare prescription drug benefit and other key elements of the Medicare Modernization Act that went into effect January 1, 2006. The Union VEBA is eligible for the Retiree Drug Subsidy because the plan meets the definition of actuarial equivalence and therefore qualifies for federal subsidies equal to 28% of allowable drug costs. As a result, the Company has measured the Union VEBA’s obligations and costs to take into account this subsidy.
[8] With respect to the Prepaid benefit of $124.1 relating to the VEBAs at December 31, 2011, of which $144.7 was included in Net asset in respect of VEBA and $20.6 was included in Net liability in respect of VEBA on the Consolidated Balance Sheet. Prepaid benefit of $158.0 relating to the VEBAs at December 31, 2010, was included in Net asset in respect of the VEBAs on the Consolidated Balance Sheets.
[9] Such amounts were obtained from the VEBAs. The Company's only financial obligations to the VEBAs are to pay the variable contributions which may not exceed $20.0 annually and certain administrative fees.
[10] The Company amortizes prior service cost on a straight-line basis over the average remaining years of service to full eligibility for benefits of the active plan participants.