PENSION PLANS

Our defined benefit pension plans are the plans in the United States, which consist of the Anixter Inc. Pension Plan, the Executive Benefit Plan and the Supplemental Executive Retirement Plan ("SERP") (together the "Domestic Plans") and various defined benefit pension plans covering employees of foreign subsidiaries in Canada and Europe (together the "Foreign Plans"). The majority of our defined benefit pension plans are non-contributory and cover substantially all full-time domestic employees and certain employees in other countries. Retirement benefits are provided based on compensation as defined in both the Domestic Plans and the Foreign Plans. Our policy is to fund all Domestic Plans as required by the Employee Retirement Income Security Act of 1974 ("ERISA") and the IRS and all Foreign Plans as required by applicable foreign laws. The Executive Benefit Plan and SERP are the only two plans that are unfunded. Assets in the various plans consist primarily of equity securities and fixed income investments.

Components of net periodic pension cost are as follows:



	Three Months Ended
	Domestic						Foreign						Total
(In millions)	April 1, 2016			April 3, 2015			April 1, 2016			April 3, 2015			April 1, 2016			April 3, 2015
Service cost	$	1.2		$	1.3		$	1.5		$	1.7		$	2.7		$	3.0
Interest cost	2.9			2.6			2.1			2.3			5.0			4.9
Expected return on plan assets	(3.6		)	(3.5		)	(2.5		)	(2.6		)	(6.1		)	(6.1		)
Net amortization ^(a)	0.5			0.4			0.6			0.7			1.1			1.1
Net periodic pension cost	$	1.0		$	0.8		$	1.7		$	2.1		$	2.7		$	2.9

(a) Reclassified into operating expenses from AOCI.