XML 38 R27.htm IDEA: XBRL DOCUMENT v3.10.0.1
Retirement and Other Benefit Programs
9 Months Ended
Sep. 30, 2018
Retirement Benefits [Abstract]  
Retirement and Other Benefit Programs
Retirement and Other Benefit Programs

The Company sponsors various pension and other post-employment benefit (OPEB) plans in the U.S. and other countries. Net periodic benefit cost for the three and nine months ended September 30, 2018 and 2017 is as follows:

 
Three months ended September 30,
 
2018
 
2017
(In millions)
U.S. pensions
 
International pensions
 
OPEB (U.S.)
 
U.S. pensions
 
International pensions
 
OPEB (U.S.)
Net periodic benefit cost
 
 
 
 
 
 
 
 
 
 
 
Service cost
$

 
$
9.5

 
$

 
$
3.7

 
$
9.4

 
$
0.4

Interest cost
3.9

 
1.3

 
0.1

 
3.9

 
1.2

 
0.3

Expected return on plan assets
(4.3
)
 
(2.0
)
 

 
(4.0
)
 
(1.8
)
 

Amortization of net prior service cost

 

 
(0.2
)
 

 

 

Amortization of actuarial (gain)/loss

 
(0.3
)
 

 

 
0.4

 

Net periodic benefit cost
$
(0.4
)
 
$
8.5

 
$
(0.1
)
 
$
3.6

 
$
9.2

 
$
0.7


 
Nine months ended September 30,
 
2018
 
2017
(In millions)
U.S. pensions
 
International pensions
 
OPEB (U.S.)
 
U.S. pensions
 
International pensions
 
OPEB (U.S.)
Net periodic benefit cost
 
 
 
 
 
 
 
 
 
 
 
Service cost
$

 
$
28.5

 
$

 
$
11.1

 
$
28.2

 
$
1.2

Interest cost
11.7

 
3.9

 
0.3

 
11.7

 
3.6

 
0.9

Expected return on plan assets
(12.9
)
 
(6.0
)
 

 
(12.0
)
 
(5.4
)
 

Amortization of net prior service cost

 

 
(0.6
)
 

 

 

Amortization of actuarial (gain)/loss

 
(0.9
)
 

 

 
1.3

 

Net periodic benefit cost
$
(1.2
)
 
$
25.5

 
$
(0.3
)
 
$
10.8

 
$
27.7

 
$
2.1



The components of net periodic benefit cost other than the service cost component are included in the line item Other (expense)/income, net in these Unaudited Consolidated Statements of Operations.