XML 33 R19.htm IDEA: XBRL DOCUMENT v3.7.0.1
Employee Benefit Plans
6 Months Ended
Jun. 30, 2017
Retirement Benefits [Abstract]  
Employee Benefit Plans
Employee Benefit Plans
The Company provides retirement benefits through contributory and noncontributory qualified and non-qualified defined benefit pension plans covering eligible domestic and international employees as well as through defined contribution plans and other postretirement benefits.
The components of net pension expense for pension benefits were as follows (in millions): 
 
Three Fiscal Months Ended
 
June 30, 2017
 
July 1, 2016
 
U.S.
Plans
 
Non-U.S.
Plans
 
U.S.
Plans
 
Non-U.S.
Plans
Service cost
$
0.2

 
$
0.9

 
$
0.3

 
$
1.0

Interest cost
1.1

 
0.7

 
1.8

 
0.8

Expected return on plan assets
(2.0
)
 
(0.7
)
 
(2.4
)
 
(0.6
)
Amortization of prior service cost

 

 

 
0.2

Amortization of net loss
0.6

 
0.4

 
1.7

 
0.3

Net pension expense
$
(0.1
)
 
$
1.3

 
$
1.4

 
$
1.7

 
Six Fiscal Months Ended
 
June 30, 2017
 
July 1, 2016
 
U.S.
Plans
 
Non-U.S.
Plans
 
U.S.
Plans
 
Non-U.S.
Plans
Service cost
$
0.4

 
$
1.8

 
$
0.6

 
$
2.0

Interest cost
2.2

 
1.4

 
3.6

 
1.6

Expected return on plan assets
(4.0
)
 
(1.4
)
 
(4.8
)
 
(1.2
)
Amortization of prior service cost

 
0.2

 

 
0.4

Amortization of net loss
1.2

 
0.8

 
3.4

 
0.6

Net pension expense
$
(0.2
)
 
$
2.8

 
$
2.8

 
$
3.4


The estimated net loss for the defined benefit pension plans that will be amortized from accumulated other comprehensive income (loss) into net pension expense in 2017 is $4.0 million. The prior service cost to be amortized from accumulated other comprehensive income (loss) into net pension expense over the next fiscal year is not material.
Defined benefit pension plan cash contributions for the three fiscal months ended June 30, 2017 and July 1, 2016 were $1.1 million and $1.3 million, respectively. Defined benefit pension plan cash contributions for the six fiscal months ended June 30, 2017 and July 1, 2016 were $2.2 million and $2.6 million, respectively.