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Pension and Postretirement Benefit Plans
6 Months Ended
Jun. 30, 2013
Compensation And Retirement Disclosure [Abstract]  
Pension and Postretirement Benefit Plans

Note 13.    Pension and Postretirement Benefit Plans

The following table presents the components of net periodic benefit cost for the three and six months ended June 30, 2013 and 2012 (in millions):

 

     Three Months Ended June 30,  
     2013      2012  
     Pension
Benefits
     Foreign
Pension
Benefits
    Postretirement
Benefits
     Pension
Benefits
     Foreign
Pension
Benefits
    Postretirement
Benefits
 

Service cost

   $  —         $  —        $  —         $  —         $  —        $  —     

Interest cost

     0.2         2.2        0.1         0.2         2.4        0.2   

Expected return on plan assets

     —           (3.0     —           —           (3.0     —     

Amortization of actuarial loss

     0.1         0.7        0.1         0.1         0.5        —     
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

   

 

 

 

Net period benefit cost (income)

   $ 0.3       $ (0.1   $ 0.2       $ 0.3       $ (0.1   $ 0.2   
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

   

 

 

 

 

     Six Months Ended June 30,  
     2013      2012  
     Pension
Benefits
     Foreign
Pension
Benefits
    Postretirement
Benefits
     Pension
Benefits
     Foreign
Pension
Benefits
    Postretirement
Benefits
 

Service cost

   $  —         $  —        $  —         $  —         $  —        $  —     

Interest cost

     0.4         4.4        0.3         0.4         4.8        0.4   

Expected return on plan assets

     —           (6.0     —           —           (6.0     —     

Amortization of actuarial loss

     0.2         1.2        0.1         0.1         1.0        —     
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

   

 

 

 

Net period benefit cost (income)

   $ 0.6       $ (0.4   $ 0.4       $ 0.5       $ (0.2   $ 0.4   
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

   

 

 

 

During the three and six months ended June 30, 2013, we contributed approximately $6 million and $8 million, respectively, to our pension and postretirement benefit plans. For the remainder of 2013, we expect to contribute approximately $5 million to our pension and postretirement benefit plans. A portion of this funding will be reimbursed for costs related to employees of managed hotels.