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Pension and Other Postretirement Benefits (Tables)
9 Months Ended
Sep. 30, 2012
Pension and Other Postretirement Benefits  
Schedule of components of net periodic benefit cost for defined benefit plans

 

 

 

 

Pension Benefits

 

Postretirement Benefits
Other than Pensions

 

 

 

Three Months Ended September 30,

 

 

 

2012

 

2011

 

2012

 

2011

 

Service cost

 

$

1.1

 

$

1.0

 

$

0.5

 

$

0.4

 

Interest cost

 

3.5

 

3.6

 

0.5

 

0.5

 

Expected return on plan assets (a)

 

(3.8

)

(3.7

)

 

 

Recognized net actuarial loss

 

1.0

 

0.4

 

 

0.1

 

Amortization of prior service cost

 

0.1

 

0.1

 

 

0.1

 

Net periodic benefit cost

 

$

1.9

 

$

1.4

 

$

1.0

 

$

1.1

 

 

 

 

Pension Benefits

 

Postretirement Benefits
Other than Pensions

 

 

 

Nine Months Ended September 30,

 

 

 

2012

 

2011

 

2012

 

2011

 

Service cost

 

$

3.4

 

$

3.0

 

$

1.4

 

$

1.3

 

Interest cost

 

10.6

 

10.9

 

1.5

 

1.7

 

Expected return on plan assets (a)

 

(11.4

)

(11.2

)

 

 

Recognized net actuarial loss

 

3.1

 

1.2

 

0.2

 

0.2

 

Amortization of prior service cost

 

0.2

 

0.2

 

0.1

 

0.3

 

SERP settlement charge

 

3.5

 

 

 

 

Curtailment loss

 

 

 

0.3

 

 

Net periodic benefit cost

 

$

9.4

 

$

4.1

 

$

3.5

 

$

3.5

 

 

 

(a)         The expected return on plan assets is determined by multiplying the fair value of plan assets at the prior year-end (adjusted for estimated current year cash benefit payments and contributions) by the expected long-term rate of return.