PENSION AND OTHER POST-RETIREMENT PLANS

3 Months Ended

Mar. 31, 2017

PENSION AND OTHER POST-RETIREMENT PLANS

PENSION AND OTHER POST-RETIREMENT PLANS

8.          PENSION AND OTHER POST-RETIREMENT PLANS

The Company sponsors qualified defined benefit pension and other post-retirement plans (collectively, the “Plans”).  The following table provides the components of net periodic benefit cost (benefit) for the Plans for the three months ended March 31, 2017 and 2016:

	Pension Benefits				Other Post-retirement Benefits
	March 31,				March 31,
(In millions)	2017		2016		2017		2016
Components of Net Periodic Benefit Cost (Benefit):
Service cost	$	1.0	$	1.0	$	0.4	$	0.4
Interest cost		2.4		2.4		0.7		0.7
Expected return on plan assets		(3.4)		(3.3)		—		—
Amortization of net loss		1.2		1.3		0.3		0.3
Amortization of prior service cost		(0.6)		(0.6)		—		—
Net periodic benefit cost	$	0.6	$	0.8	$	1.4	$	1.4

During the three months ended March 31, 2017, the Company contributed $3.0 million to its defined benefit pension plans.  No further contributions are expected for 2017.