XML 77 R16.htm IDEA: XBRL DOCUMENT v2.4.0.8
Retirement Benefits
3 Months Ended
Dec. 31, 2013
Retirement Benefits [Abstract]  
Retirement Benefits

9.       RETIREMENT BENEFITS

The components of net periodic benefit cost for the defined benefit pension and other postretirement benefit plans for the three months ended 31 December 2013 and 2012 were as follows:

  Pension Benefits Other Benefits  
  2013 2012 2013 2012  
 Three Months Ended 31 DecemberU.S.International U.S.International       
 Service cost$ 10.7 $ 8.8  $ 13.0 $ 8.3  $ .8  $ 1.0  
 Interest cost  32.7   16.6    29.2   14.7    .6    .5  
 Expected return on plan assets  (47.0)   (19.2)    (44.9)   (18.3)    -    -  
 Prior service cost amortization  .7   .1    .7   .1    -    -  
 Actuarial loss amortization  19.6   8.8    29.1   6.8    .4    .6  
 Special termination benefits  .2   -    -   -    -    -  
 Other  -   .5    -   .6    -    -  
 Net periodic benefit cost$ 16.9 $ 15.6  $ 27.1 $ 12.2  $ 1.8  $ 2.1  

Net periodic benefit cost is primarily included in cost of sales and selling and administrative expense on our consolidated income statements. The amount of net periodic benefit cost capitalized in 2014 and 2013 was not material.

For the three months ended 31 December 2013 and 2012, our cash contributions to funded pension plans and benefit payments under unfunded pension plans were $31.4 and $230.0, respectively. Total contributions for fiscal 2014 are expected to be approximately $80 to $100. During fiscal 2013, total contributions were $300.8.