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Pension and Post-Retirement Plans
9 Months Ended
Sep. 30, 2015
Compensation and Retirement Disclosure [Abstract]  
Pension and Post-Retirement Plans
PENSION AND POST-RETIREMENT PLANS
The components of net periodic pension and post-retirement benefit costs for the three and nine months ended September 30, 2015 and 2014 were as follows:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 (amounts in millions)
2015
 
2014
 
2015
 
2014
Pension & SERP Benefits:
Domestic
 
Foreign
 
Domestic
 
Foreign
 
Domestic
 
Foreign
 
Domestic
 
Foreign
Net periodic (benefit) cost:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Service cost
$

 
$
0.2

 
$

 
$
0.2

 
$

 
$
0.6

 
$

 
$
0.6

Interest cost on the projected benefit obligation
1.6

 
0.5

 
1.7

 
0.8

 
4.8

 
1.5

 
5.2

 
2.3

Expected return on plan assets
(2.4
)
 
(0.5
)
 
(2.4
)
 
(0.9
)
 
(7.2
)
 
(1.5
)
 
(7.3
)
 
(2.7
)
Net periodic (benefit) cost
$
(0.8
)
 
$
0.2

 
$
(0.7
)
 
$
0.1

 
$
(2.4
)
 
$
0.6

 
$
(2.1
)
 
$
0.2

 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 (amounts in millions)
2015
 
2014
 
2015
 
2014
Post-retirement Benefits:
Domestic
 
Foreign
 
Domestic
 
Foreign
 
Domestic
 
Foreign
 
Domestic
 
Foreign
Net periodic cost:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Interest cost on the projected benefit obligation
$
0.1

 
$

 
$
0.1

 
$

 
$
0.3

 
$

 
$
0.3

 
$

Net periodic cost
$
0.1

 
$

 
$
0.1

 
$

 
$
0.3

 
$

 
$
0.3

 
$


No pension service cost was recognized during the three and nine months ended September 30, 2015 and 2014 under the Domestic Pension Plan, nor will be in future periods, as benefits in the plan were frozen in connection with the MacDermid Acquisition.