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Employee Benefit Plans
3 Months Ended
Feb. 29, 2012
Employee Benefit Plans [Abstract]  
Employee Benefit Plans

Note I – Employee Benefit Plans

The following table sets forth the components of net periodic benefit costs for the Company's retirement programs:

 

(in Millions)    Pension
Plans
    Health Care
Plans
 
Three months ended February 29, 2012 and February 28, 2011    2012     2011     2012     2011  

Service costs

   $ .3      $ .4      $ —        $ —     

Interest costs

     2.5        3.6        .1        .1   

Expected return on plan assets

     (2.5     (3.8     —          —     

Amortization of net actuarial loss (gain)

     .6        .6        (.4     (.3

Amortization of prior service costs

     —          —          (.1     (.1
  

 

 

   

 

 

   

 

 

   

 

 

 

Net periodic cost (benefit)

   $ .9      $ .8      $ (.4   $ (.3
  

 

 

   

 

 

   

 

 

   

 

 

 

The Company also sponsors a defined contribution 401(k) plan. Participation in this plan is voluntary and is available to substantially all U.S. salaried employees and to certain groups of U.S. hourly employees. Contributions to this plan are based on either a percentage of employee contributions or on a specified percentage of employee pay based on the provisions of the applicable collective bargaining agreement. Company contributions are made with Company stock. Non-cash expense based on Company stock for this plan was $0.8 million and $0.7 million for the three months ended February 29, 2012 and 2011, respectively.