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Pension and Other Postretirement Benefits
9 Months Ended
Sep. 30, 2017
Compensation and Retirement Disclosure [Abstract]  
Pension and Other Postretirement Benefits
Pension and Other Postretirement Benefits ("OPEB")
 
For the Three Months Ended
 
September 30, 2017
 
September 30, 2016
 
Pension
 
OPEB
 
Consolidated
 
Pension
 
OPEB
 
Consolidated
 
(In millions)
Net periodic pension and OPEB cost (benefit):
 
 
 
 
 
 
 
 
 
 
 
Service cost
$
1.9

 
$
2.6

 
$
4.5

 
$
1.9

 
$
0.4

 
$
2.3

Interest cost
51.8

 
7.7

 
59.5

 
31.0

 
1.5

 
32.5

Expected return on plan assets
(68.2
)
 
0.1

 
(68.1
)
 
(38.0
)
 

 
(38.0
)
Amortization of prior service cost (benefit)
0.2

 

 
0.2

 
0.2

 
0.1

 
0.3

Amortization of net actuarial loss (gain)
8.1

 

 
8.1

 
7.4

 

 
7.4

Less: expected participant contributions
(0.2
)
 

 
(0.2
)
 
(0.1
)
 

 
(0.1
)
Net periodic pension and OPEB cost (benefit)
$
(6.4
)
 
$
10.4

 
$
4.0

 
$
2.4

 
$
2.0

 
$
4.4


 
For the Nine Months Ended
 
September 30, 2017
 
September 30, 2016
 
Pension
 
OPEB
 
Consolidated
 
Pension
 
OPEB
 
Consolidated
 
(In millions)
Net periodic pension and OPEB cost (benefit):
 

 
 

 
 
 
 
 
 
 
 
Service cost
$
5.6

 
$
8.0

 
$
13.6

 
$
5.7

 
$
1.6

 
$
7.3

Interest cost
154.1

 
22.9

 
177.0

 
95.5

 
4.4

 
99.9

Expected return on plan assets
(201.1
)
 
0.2

 
(200.9
)
 
(118.0
)
 

 
(118.0
)
Amortization of prior service cost (benefit)
0.5

 

 
0.5

 
0.6

 

 
0.6

Amortization of net actuarial loss (gain)
20.9

 

 
20.9

 
23.0

 

 
23.0

Curtailment loss (gain)

 
(2.9
)
 
(2.9
)
 

 

 

Less: expected participant contributions
(0.5
)
 

 
(0.5
)
 
(0.4
)
 

 
(0.4
)
Net periodic pension and OPEB cost (benefit)
$
(20.5
)
 
$
28.2

 
$
7.7

 
$
6.4

 
$
6.0

 
$
12.4


During the nine months ended September 30, 2017, employer contributions to the defined benefit pension plans were approximately $308 million, which includes a $200 million discretionary contribution to the MillerCoors pension plan made in the third quarter of 2017. Total 2017 employer contributions to the defined benefit plans are expected to be approximately $310 million, based on foreign exchange rates as of September 30, 2017.
MillerCoors' pension and OPEB expenses are not included in the three and nine months ended September 30, 2016, as prior to the completion of the Acquisition on October 11, 2016, MillerCoors' pension and OPEB expenses were reported as equity income in MillerCoors in the unaudited condensed consolidated statements of operations. BRI and BDL contributions to their defined benefit pension plans are not included above, as they are not consolidated in our financial statements.