Annual report pursuant to Section 13 and 15(d)

PENSIONS AND OTHER POSTRETIREMENT BENEFITS PENSIONS AND OTHER POSTRETIREMENT BENEFITS (Schedule of Fair Value, Assets and Liabilities Measure on Recurring Basis) (Tables)

v2.4.0.8
PENSIONS AND OTHER POSTRETIREMENT BENEFITS PENSIONS AND OTHER POSTRETIREMENT BENEFITS (Schedule of Fair Value, Assets and Liabilities Measure on Recurring Basis) (Tables)
12 Months Ended
Dec. 31, 2013
Compensation and Retirement Disclosure [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
Pension
The fair values of our pension plan assets at December 31, 2013 and 2012 by asset category are as follows:
 
(In Millions)
 
December 31, 2013
Asset Category
Quoted Prices in Active
Markets for Identical
Assets/Liabilities
(Level 1)
 
Significant Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
Total
Equity securities:
 
 
 
 
 
 
 
U.S. large-cap
$
261.5

 
$

 
$

 
$
261.5

U.S. small/mid-cap
60.8

 

 

 
60.8

International
149.3

 

 

 
149.3

Fixed income
214.8

 
30.1

 

 
244.9

Hedge funds

 

 
57.6

 
57.6

Private equity

 

 
29.1

 
29.1

Structured credit

 

 
61.0

 
61.0

Real estate

 

 
40.9

 
40.9

Cash
10.2

 

 

 
10.2

Total
$
696.6

 
$
30.1

 
$
188.6

 
$
915.3

 
(In Millions)
 
December 31, 2012
Asset Category
Quoted Prices in Active
Markets for Identical
Assets/Liabilities
(Level 1)
 
Significant  Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
Total
Equity securities:
 
 
 
 
 
 
 
U.S. large-cap
$
231.1

 
$

 
$

 
$
231.1

U.S. small/mid-cap
39.2

 

 

 
39.2

International
114.5

 

 

 
114.5

Fixed income
209.1

 
38.4

 

 
247.5

Hedge funds

 

 
85.6

 
85.6

Private equity

 

 
29.3

 
29.3

Structured credit

 

 
56.2

 
56.2

Real estate

 

 
29.4

 
29.4

Cash
5.9

 

 

 
5.9

Total
$
599.8

 
$
38.4

 
$
200.5

 
$
838.7

Veba Trust [Member]
 
Compensation and Retirement Disclosure [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
The fair values of our other benefit plan assets at December 31, 2013 and 2012 by asset category are as follows:
 
(In Millions)
 
December 31, 2013
Asset Category
Quoted Prices in Active
Markets for Identical
Assets/Liabilities
(Level 1)
 
Significant Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
Total
Equity securities:
 
 
 
 
 
 
 
U.S. large-cap
$
15.7

 
$

 
$

 
$
15.7

U.S. small/mid-cap
2.7

 

 

 
2.7

International
7.8

 

 

 
7.8

Fixed income
134.4

 
33.7

 

 
168.1

Hedge funds

 

 
24.6

 
24.6

Private equity

 

 
6.0

 
6.0

Structured credit

 

 
13.5

 
13.5

Real estate

 

 
13.2

 
13.2

Cash
0.2

 

 

 
0.2

Total
$
160.8

 
$
33.7

 
$
57.3

 
$
251.8

 
(In Millions)
 
December 31, 2012
Asset Category
Quoted Prices in Active
Markets for Identical
Assets/Liabilities
(Level 1)
 
Significant Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
Total
Equity securities:

 

 

 

U.S. large-cap
$
58.2

 
$

 
$

 
$
58.2

U.S. small/mid-cap
10.3

 

 

 
10.3

International
32.3

 

 

 
32.3

Fixed income
78.1

 

 

 
78.1

Hedge funds

 

 
23.2

 
23.2

Private equity

 

 
6.2

 
6.2

Structured Credit

 

 
12.5

 
12.5

Real estate

 

 
15.9

 
15.9

Cash
0.3

 

 

 
0.3

Total
$
179.2

 
$

 
$
57.8

 
$
237.0