PENSION AND POST-RETIREMENT PLANS

3 Months Ended

Mar. 31, 2014

PENSION AND POST-RETIREMENT PLANS

PENSION AND POST-RETIREMENT PLANS

4. PENSION AND POST-RETIREMENT PLANS

The Company sponsors qualified defined-benefit pension and post retirement plans (collectively, the “Plans”). The following table provides the components of net periodic benefit cost for the Plans for the three-months ended March 31, 2014 and 2013 (in millions):

	Pension Benefits						Post-retirement Benefits
	March 31,						March 31,
	2014			2013			2014		2013
Service cost	$	0.8		$	0.7		$	0.3	$	0.3
Interest cost	2.4			2.1			0.6		0.5
Expected return on plan assets	(3.5		)	(2.7		)	—		—
Amortization of net loss	0.8			2.0			0.1		0.2
Amortization of prior service cost	(0.6		)	(0.6		)	—		—
Net periodic benefit cost	$	(0.1	)	$	1.5		$	1.0	$	1.0

In 2014, the Company expects to pay total cash contributions to its defined benefit pension plans of approximately $6.6 million, all of which has yet to be contributed as of March 31, 2014.