Rayovac 2015 Annual Report Download - page 144
Download and view the complete annual report
Please find page 144 of the 2015 Rayovac annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134 -
135 -
136 -
137 -
138 -
139 -
140 -
141 -
142 -
143 -
144 -
145 -
146 -
147 -
148 -
149 -
150 -
151 -
152 -
153 -
154 -
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
 |
 |
SPECTRUM BRANDS HOLDINGS, INC.
SB/RH HOLDINGS, LLC
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS—(CONTINUED)
The fair value of pension plan assets by asset category as of September 30, 2015 and 2014 are as follows:
As of September 30, 2015 Level 1 Level 2 Level 3 Total
(in millions)
Equity Securities
U.S. equity securities ............................. $18.6 $ 7.1 $— $ 25.7
Foreign equity securities .......................... 10.5 6.2 — 16.7
Debt Securities
U.S. bonds ..................................... 18.2 1.3 — 19.5
Foreign bonds .................................. 3.0 15.1 — 18.1
Foreign government bonds ........................ — 11.2 — 11.2
Real estate ......................................... 1.2 6.0 — 7.2
Life insurance contracts ............................... — 35.5 — 35.5
Other ............................................. — 33.1 — 33.1
Foreign cash & cash equivalents ........................ 8.1 — — 8.1
Total plan assets .................................... $59.6 $115.5 $— $175.1
As of September 30, 2014 Level 1 Level 2 Level 3 Total
(in millions)
Equity Securities
U.S. equity securities ............................. $19.9 $ 7.1 $— $ 27.0
Foreign equity securities .......................... 11.1 7.6 — 18.7
Debt Securities
U.S. bonds ..................................... 4.0 15.2 — 19.2
Foreign bonds .................................. 3.1 20.5 — 23.6
Foreign government bonds ........................ — 8.5 — 8.5
Real estate ......................................... 1.3 5.9 — 7.2
Life insurance contracts ............................... — 37.7 — 37.7
Other ............................................. — 38.7 — 38.7
Foreign cash & cash equivalents ........................ 6.4 1.9 — 8.3
Total plan assets .................................... $45.8 $143.1 $— $188.9
The following benefit payments are expected to be paid:
U.S. Plans Non U.S. Plans
(in millions)
2016 ....................................... $ 3.9 $ 5.4
2017 ....................................... 3.8 5.7
2018 ....................................... 4.0 6.1
2019 ....................................... 4.2 6.9
2020 ....................................... 4.2 6.8
2021-2025 ................................... 21.5 39.4
Other Postretirement Benefits
Under the Rayovac postretirement plan, the Company provides certain health care and life insurance
benefits to eligible retired employees. Participants earn retiree health care benefits after reaching age 40 over the
130