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PENSION AND POST-RETIREMENT PLANS
3 Months Ended
Mar. 31, 2018
PENSION AND POST-RETIREMENT PLANS  
PENSION AND POST-RETIREMENT PLANS

11.          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 (benefit) for the Plans for the three months ended March 31, 2018 and 2017:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pension Benefits

 

Post-retirement Benefits

 

 

 

March 31, 

 

March 31, 

 

(In millions)

    

2018

    

2017

    

2018

    

2017

 

Components of Net Periodic Benefit Cost (Benefit):

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

1.1

 

$

1.0

 

$

0.2

 

$

0.4

 

Interest cost

 

 

2.2

 

 

2.4

 

 

0.2

 

 

0.7

 

Expected return on plan assets

 

 

(3.4)

 

 

(3.4)

 

 

 —

 

 

 —

 

Amortization of net loss

 

 

1.1

 

 

1.2

 

 

0.4

 

 

0.3

 

Amortization of prior service credit

 

 

(0.6)

 

 

(0.6)

 

 

(0.9)

 

 

 —

 

Net periodic benefit cost

 

$

0.4

 

$

0.6

 

$

(0.1)

 

$

1.4