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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
Total pension cost for each of our international plans individually ranged from $0.1 million to $0.5 million in 2013,
$0.1 million to $0.6 million in 2012 and $0.1 million to $0.4 million in 2011. Total pension credit ranged from less than
$0.1 million to $0.2 million during 2013, 2012 and 2011.
The estimated net actuarial loss, prior service credit and net obligations at transition for the defined benefit pension
plans that will be amortized from accumulated other comprehensive loss into net periodic benefit costs in 2014 are
$1.5 million loss, $0.4 million credit and $0.3 million obligation, respectively.
Assumptions used to determine benefit obligations were as follows (international assumptions are a weighted average of
all of our international plans):
United States International
As of December 31, As of December 31,
2013 2012 2013 2012
Discount rate .............................................. 4.50% 3.50% 3.20% 3.33%
Rate of compensation increase ................................ —% —% 2.89% 3.02%
Assumptions used to determine net periodic benefit costs were as follows (international assumptions are a weighted
average of all of our international plans):
United States International
As of December 31, As of December 31,
2013 2012 2011 2013 2012 2011
Discount rate(1) ................................... 4.00% 3.75% 4.75% 2.70% 4.09% 4.56%
Expected return on plan assets ........................ 7.75% 8.00% 8.00% 4.53% 4.32% 4.92%
Rate of compensation increase ........................ —% —% —% 2.00% 2.57% 2.77%
(1) The discount rate of 4.00 percent used to determine the 2013 net periodic benefit cost for the U.S. plan is an average of
the discount rates used during the year of 3.50 percent for the first six months of the year and 4.50 percent for the last
six months of the year.
The discount rate for the U.S. plan is determined through a modeling process utilizing a customized portfolio of high-
quality bonds whose annual cash flows cover the expected benefit payments of the plan, as well as comparing the results of
our modeling to other corporate bond and pension liability indices. Appropriate benchmarks are used to determine the
discount rate for the international plans. The expected long-term rate of return on assets assumption is derived from a study
that includes a review of anticipated future long-term performance of individual asset classes and consideration of the
appropriate asset allocation strategy given the anticipated requirements of the plan to determine the average rate of earnings
expected on the funds invested to provide for the pension plan benefits. While the study gives appropriate consideration to
recent fund performance and historical returns, the assumption is primarily a long-term, prospective rate. The expected long-
term rate of return on assets assumption for the international plans reflects the investment allocation and expected total
portfolio returns specific to each plan and country. Beginning in 2011, the projected salary increase assumption was not
applicable for the U.S. plan due to the elimination of benefit accruals as of January 1, 2011.
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