XML 34 R16.htm IDEA: XBRL DOCUMENT v2.4.0.6
Benefit Plans
3 Months Ended
Mar. 31, 2012
Benefit Plans  
Benefit Plans

Note 11                  Benefit Plans

 

We sponsor various pension and postretirement benefit plans, including those for certain employees in the United States and internationally.

 

Components of net periodic pension benefit were as follows:

 

 

 

Successor Company

 

 

 

Three months ended March 31,

 

 

 

2012

 

2011

 

 

 

 

 

 

 

Service cost

 

$

1.1

 

$

1.1

 

Interest cost

 

5.5

 

6.1

 

Expected return on plan assets

 

(10.7

)

(10.3

)

Curtailments (a)

 

(0.1

)

 

Cost for special termination benefits (b)

 

0.7

 

0.5

 

Net periodic pension benefit

 

$

(3.5

)

$

(2.6

)

 

(a)          For the three months ended March 31, 2012, a curtailment occurred in France. This amount was recorded as other operating items, net as it is considered a restructuring item.

 

(b)         Cost for special termination benefits is included in other operating items, net.  Our U.S. Qualified Pension Plan was temporarily amended to provide additional benefits to employees involuntarily terminated.

 

For the three months ended March 31, 2012 and 2011, we contributed less than $0.1 and $0.9 to our international pension plans, respectively.

 

Our Retirement Plan in the United States is over funded; therefore, we did not make any contributions for the three months ended March 31, 2012 and 2011.

 

We also sponsor certain postretirement benefit plans in the United States and Canada.  The expense for these plans is not material.