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EMPLOYEE BENEFIT PLANS (Tables)
12 Months Ended
Dec. 31, 2013
EMPLOYEE BENEFIT PLANS [Abstract]  
Obligations and Funded Status
Obligations and Funded Status

Year Ended December 31,
 
2013
  
2012
 
(In millions)
 
  
 
 
Change in benefit obligation
 
  
 
Benefit obligation, beginning of year
 
$
62.2
  
$
56.8
 
Interest cost
  
2.4
   
2.5
 
Actuarial loss (gain) - effect of assumption changes
  
(8.0
)
  
5.6
 
    Benefits paid
  
(4.0
)
  
(2.7
)
Benefit obligation, end of year
  
52.6
   
62.2
 
 
Change in plan assets
        
Fair value of plan assets, beginning of year
  
42.0
   
35.0
 
Actual return on plan assets
  
4.8
   
5.3
 
Employer contribution
  
4.8
   
4.4
 
Benefits paid
  
(4.0
)
  
(2.7
)
Fair value of plan assets, end of year
  
47.6
   
42.0
 
 
Underfunded status at end of year
 
$
5.0
  
$
20.2
Amounts Recognized On the Balance Sheet
Amounts Recognized on the Balance Sheet

December 31,
 
2013
  
2012
 
(In millions)
 
  
 
 
Noncurrent liabilities
 
$
5.0
  
$
20.2
Amounts Recognized in Accumulated Other Comprehensive Loss
Amounts Recognized in Accumulated Other Comprehensive Loss

December 31,
 
2013
  
2012
 
(In millions)
 
  
 
 
Net loss
 
$
27.4
  
$
38.2
 
Information for Pension Plans with an Accumulated Benefit Obligation in Excess of Plan Assets
Information for Pension Plans with an Accumulated Benefit Obligation in Excess of Plan Assets

December 31,
 
2013
  
2012
 
(In millions)
 
  
 
 
Projected benefit obligation
 
$
52.6
  
$
62.2
 
Accumulated benefit obligation
  
52.6
   
62.2
 
Fair value of plan assets
  
47.6
   
42.0
Components of Net Periodic Benefit Cost and Other Amounts Recognized in Other Comprehensive Income or Loss
Components of Net Periodic Benefit Cost and Other Amounts Recognized in Other Comprehensive Income or Loss

Year Ended December 31,
 
2013
  
2012
 
(In millions)
 
  
 
 
Net Periodic Benefit Cost:
 
  
 
Interest cost
 
$
2.4
  
$
2.5
 
Expected return on plan assets
  
(3.1
)
  
(2.6
)
Amortization of net loss
  
1.1
   
2.1
 
Total net periodic benefit cost
  
0.4
   
2.0
 
 
Other Changes in Plan Assets and Benefit Obligations
        
Recognized in Other Comprehensive Loss:
        
Net (gain) loss
  
(9.7
)
  
2.9
 
Amortization of net loss
  
(1.1
)
  
(2.1
)
Total recognized in other comprehensive loss
  
(10.8
)
  
0.8
 
 
Total recognized in net periodic benefit cost and other comprehensive loss
 
$
(10.4
)
 
$
2.8
Assumptions
Assumptions

 
 
 
2013
 
 
2012
 
 
Weighted-average assumptions used to determine:
 
 
 
 
 
 
 
Benefit obligations at December 31
 
 
 
 
 
 
 
Discount rate
 
4.8%
 
 
3.9%
 
 
Net periodic benefit cost for year ended December 31
 
 
 
 
 
 
 
Discount rate
 
3.9%
 
 
4.6%
 
 
Expected long-term return on plan assets
 
7.0%
 
 
7.0%
Estimated Future Benefit Payments
Estimated Future Benefit Payments

Year Ending December 31,
 
 
(In millions)
 
 
 
2014
 
$
2.3
 
2015
  
2.4
 
2016
  
2.5
 
2017
  
2.5
 
2018
  
2.7
 
2019 through 2023
  
16.3
 
 
 
$
28.7
 
Fair Values of Pension Plan Assets
The fair values of our pension plan assets at December 31, 2013 and 2012 by asset class are presented in the following table.  All fair values are either based on quoted prices in active markets for identical assets (Level 1 in the fair value hierarchy) or derived from cash flows and interest rates (Level 2).

(In millions)
 
2013
  
2012
 
 
 
Level 1
  
Level 2
  
Total
  
Level 1
  
Level 2
  
Total
 
 
Asset Class
 
  
  
  
  
  
 
Cash and equivalents
 
$
1.7
  
$
-
  
$
1.7
  
$
3.5
  
$
-
  
$
3.5
 
Equity securities:
                        
U.S. companies (a)
  
21.2
   
-
   
21.2
   
16.4
   
-
   
16.4
 
International companies (b)
  
5.7
   
-
   
5.7
   
5.6
   
-
   
5.6
 
Real Estate (c)
  
2.5
   
-
   
2.5
   
2.3
   
-
   
2.3
 
Fixed income (d)
  
5.1
   
11.4
   
16.5
   
5.0
   
9.2
   
14.2
 
Total
 
$
36.2
  
$
11.4
  
$
47.6
  
$
32.8
  
$
9.2
  
$
42.0
 

(a)
This class consists of both index and actively managed mutual funds that invest in large and mid-cap U.S. common stocks.
(b)
This class consists of both index and actively managed mutual funds that invest in large and emerging market international common stocks.
(c)
This class consists of actively managed mutual funds that invest in real estate investment trusts.
(d)
This class consists of managed mutual funds that invest in high-grade corporate, government and mortgage backed securities.