Employee Benefit Plans

As a result of the Company's acquisition of ND as described in Note 3—Acquisitions, the Company maintains defined benefit pension plans for certain employees in the United Kingdom (the “UK”), France, Italy, the Netherlands, Belgium, Poland, Germany, India and Sri Lanka. The largest portion of the Company's total projected benefit obligation is associated with the UK plans, Christian Salvesen Pension Scheme (“CSPS”) and TDG Pension Scheme (“TDGPS”). The pension plans do not allow for new plan participants or additional benefit accruals. Defined benefit pension plan obligations are measured based on the present value of projected future benefit payments for all participants for services rendered to date. The projected benefit obligation is a measure of benefits attributed to service to date assuming that the plan continues in effect and that estimated future events (including turnover and mortality) occur. The net periodic benefit costs are determined using assumptions regarding the projected benefit obligation and the fair value of plan assets as of the ND acquisition date. Net periodic benefit costs are recorded in sales, general and administrative expense. The funded status of the defined benefit pension plans, which represents the difference between the projected benefit obligation and the fair value of plan assets, is calculated on a plan-by-plan basis. The Company did not have defined benefit pension plans prior to its June 2015 acquisition of ND. See Note 13—Employee Benefit Plans in the Company's Form 10-Q for the quarterly period ended June 30, 2015 for additional information concerning its employee benefit plans.

The following table sets forth the amount of net periodic benefit cost for the UK plans for the three- and nine-month periods ended September 30, 2015 (in millions):



	Three Months Ended September 30, 2015			Nine Months Ended September 30, 2015
Interest cost	$	12.6		$	16.0
Expected return on plan assets	(15.1		)	(19.4		)
Net periodic benefit cost	$	(2.5	)	$	(3.4	)

Estimated employer contributions to the UK plans in 2015 approximate $13.8 million.