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Employee Benefits (Notes)
6 Months Ended
Jun. 30, 2012
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]  
Employee Benefits
Employee Benefits
We have a defined benefit pension plan (the “Domestic Pension Plan”) that covers certain U.S. employees. We also have numerous funded and unfunded plans outside the U.S. The Interpublic Pension Plan in the U.K. is a defined benefit plan and is our most material foreign pension plan in terms of the benefit obligation and plan assets. Some of our domestic and foreign subsidiaries provide postretirement health benefits and life insurance to eligible employees and, in certain cases, their dependents. The domestic postretirement benefit plan is our most material postretirement benefit plan in terms of the benefit obligation. Certain immaterial foreign pension and postretirement benefit plans have been excluded from the table below.
The components of net periodic cost for the Domestic Pension Plan, the significant foreign pension plans and the domestic postretirement benefit plan are listed below.
 
Domestic Pension Plan
 
Foreign Pension Plans
 
Domestic
Postretirement Benefit Plan
Three months ended June 30,
2012
 
2011
 
2012
 
2011
 
2012
 
2011
Service cost
$
0.0

 
$
0.0

 
$
2.6

 
$
2.9

 
$
0.1

 
$
0.0

Interest cost
1.5

 
1.7

 
5.6

 
5.9

 
0.6

 
0.6

Expected return on plan assets
(1.9
)
 
(1.9
)
 
(4.6
)
 
(4.8
)
 
0.0

 
0.0

Amortization of:
 
 
 
 
 
 
 
 
 
 
 
Transition obligation
0.0

 
0.0

 
0.0

 
0.0

 
0.1

 
0.1

Prior service cost (credit)
0.0

 
0.0

 
0.0

 
0.1

 
(0.1
)
 
0.0

Unrecognized actuarial losses
1.7

 
1.6

 
0.2

 
0.1

 
(0.1
)
 
0.0

Net periodic cost
$
1.3

 
$
1.4

 
$
3.8

 
$
4.2

 
$
0.6

 
$
0.7


 
Domestic Pension Plan
 
Foreign Pension Plans
 
Domestic
Postretirement Benefit Plan
Six months ended June 30,
2012
 
2011
 
2012
 
2011
 
2012
 
2011
Service cost
$
0.0

 
$
0.0

 
$
5.3

 
$
5.1

 
$
0.1

 
$
0.1

Interest cost
3.1

 
3.4

 
11.0

 
11.7

 
1.2

 
1.3

Expected return on plan assets
(3.8
)
 
(3.7
)
 
(9.1
)
 
(9.5
)
 
0.0

 
0.0

Amortization of:
 
 
 
 
 
 
 
 
 
 
 
Transition obligation
0.0

 
0.0

 
0.0

 
0.0

 
0.1

 
0.1

Prior service cost (credit)
0.0

 
0.0

 
0.0

 
0.1

 
(0.1
)
 
0.0

Unrecognized actuarial losses
3.2

 
3.3

 
0.5

 
0.3

 
0.0

 
0.0

Net periodic cost
$
2.5

 
$
3.0

 
$
7.7

 
$
7.7

 
$
1.3

 
$
1.5


During the six months ended June 30, 2012, we contributed $3.4 and $8.6 of cash to our domestic and foreign pension plans, respectively. For the remainder of 2012, we expect to contribute approximately $2.0 and $8.0 of cash to our domestic and foreign pension plans, respectively.