PENSION AND OTHER POSTRETIREMENT BENEFIT PLANS (Tables)

9 Months Ended

Sep. 30, 2013

General Discussion of Pension and Other Postretirement Benefits [Abstract]

Schedule of net periodic benefit cost

	Three Months Ended September 30,											Nine Months Ended September 30,
	Pension Benefits						Other Benefits					Pension Benefits						Other Benefits
(In millions)	2013			2012			2013			2012		2013			2012			2013			2012
Service cost – benefits earned during the period	$	1.3		$	1.0		$	0.3		$	0.2	$	3.9		$	2.9		$	0.8		$	0.7
Interest cost on projected benefit obligations	3.6			3.8			0.4			0.4		10.8			11.7			1.0			1.0
Expected return on plan assets	(4.1		)	(4.2		)	—			—		(12.3		)	(12.1		)	—			—
Amortization of net actuarial loss	1.7			1.4			0.4			0.4		5.0			4.0			1.3			1.4
Amortization of prior service benefit	—			—			(0.1		)	—		—			—			(0.1		)	(0.1		)
Net periodic benefit cost	$	2.5		$	2.0		$	1.0		$	1.0	$	7.4		$	6.5		$	3.0		$	3.0
Settlements	2.5			4.1			—			—		17.7			13.1			—			—
Total net periodic benefit cost	$	5.0		$	6.1		$	1.0		$	1.0	$	25.1		$	19.6		$	3.0		$	3.0

Settlements reflect the recognition of losses that were previously deferred within accumulated other comprehensive loss attributable to plan participants who have received lump sum distributions during the plan year. Recognition of settlements is triggered when the amount paid for lump sum distributions from a plan exceeds the sum of service and interest cost for the plan year. Losses reclassified to settlements for the nine months ended September 30, 2013 and 2012, respectively, were related to the U.S. plans and were recognized within other expenses/(income)-net on the consolidated statements of earnings.