Pensions and Other Postretirement Benefits

9 Months Ended

Sep. 30, 2011

Notes to Financial Statements [Abstract]

Pensions and Other Postretirement Benefits

The components of net periodic benefit cost related to the Company sponsored defined benefit pension and other postretirement benefit plans (OPEB) for our employees are as follows:

	Three Months Ended September 30
	2011			2010			2011			2010			2011			2010
	Pension Benefits
	U.S. Plans						Non U.S. Plans						OPEB
	(in millions of dollars)
Service Cost	$	10.7		$	9.2		$	1.1		$	0.9		$	0.5		$	0.6
Interest Cost	19.4			17.8			2.3			2.4			2.5			2.7
Expected Return on Plan Assets	(21.9		)	(17.7		)	(3.1		)	(2.7		)	(0.2		)	(0.2		)
Amortization of:
Net Actuarial Loss	8.0			7.4			—			0.6			—			—
Prior Service Credit	(0.1		)	(0.1		)	—			—			(0.6		)	(0.6		)
Net Periodic Benefit Cost	$	16.1		$	16.6		$	0.3		$	1.2		$	2.2		$	2.5
	Nine Months Ended September 30
	2011			2010			2011			2010			2011			2010
	Pension Benefits
	U.S. Plans						Non U.S. Plans						OPEB
	(in millions of dollars)
Service Cost	$	32.0		$	27.4		$	3.5		$	3.4		$	1.4		$	1.9
Interest Cost	58.2			53.4			6.7			7.1			7.5			8.1
Expected Return on Plan Assets	(65.7		)	(52.9		)	(9.2		)	(7.9		)	(0.5		)	(0.5		)
Amortization of:
Net Actuarial Loss	24.0			22.3			—			1.8			—			—
Prior Service Credit	(0.4		)	(0.4		)	—			—			(1.9		)	(1.9		)
Net Periodic Benefit Cost	$	48.1		$	49.8		$	1.0		$	4.4		$	6.5		$	7.6

We have no regulatory contribution requirements for our U.S. qualified defined benefit plan in 2011. For our U.K. operation, which maintains a separate defined benefit plan, we made required contributions totaling $1.2 million and $3.6 million in the third quarter and first nine months of 2011, respectively, or approximately £0.7 million and £2.2 million.