Net Periodic Benefit Cost - Defined Benefit Plans

3 Months Ended

Mar. 30, 2012

Net Periodic Benefit Cost - Defined Benefit Plans [Abstract]

Net Periodic Benefit Cost - Defined Benefit Plans

NOTE 9. NET PERIODIC BENEFIT COST – DEFINED BENEFIT PLANS

The following sets forth the components of the Company's net periodic benefit cost of the non-contributory defined benefit plans ($ in millions):

	U.S.						Non U.S.
	Three Months Ended						Three Months Ended
	March 30, 2012			April 1, 2011			March 30, 2012			April 1, 2011
Service cost	$	1.5		$	1.6		$	5.7		$	3.2
Interest cost		24.9			17.3			10.7			8.0
Expected return on plan assets		(32.2	)		(22.4	)		(8.1	)		(5.1	)
Amortization of actuarial loss		9.5			7.3			1.2			0.7
Amortization of prior service costs		—			—			(0.1	)		(0.1	)
Settlement loss recognized		—			—			0.9			—
Net periodic cost	$	3.7		$	3.8		$	10.3		$	6.7

The following sets forth the components of the Company's other post-retirement employee benefit plans ($ in millions):

	Three Months Ended
	March 30, 2012			April 1, 2011
Service cost	$	0.5		$	0.3
Interest cost		2.7			1.5
Amortization of prior service credits		(1.4	)		(1.4	)
Amortization of actuarial loss		1.0			0.9
Net periodic cost	$	2.8		$	1.3

Employer Contributions

During 2012, the Company's cash contribution requirements for its U.S. defined benefit pension plan are not expected to be significant. The Company's cash contribution requirements for its non-U.S. defined benefit pension plans are expected to be approximately $50 million, although the ultimate amounts to be contributed to the U.S. and non-U.S. plans depend upon, among other things, legal requirements, underlying asset returns, the plan's funded status, the anticipated tax deductibility of the contribution, local practices, market conditions, interest rates and other factors.