Employee Benefit Plans

9 Months Ended

Sep. 30, 2011

Employee Benefit Plans

Employee Benefit Plans

17. Employee Benefit Plans

The company provides certain pension, health care and death benefits for eligible retirees and their dependents.  The pension benefits are funded, while the health care and death benefits are not funded but are paid as incurred.  Eligibility for coverage is based on meeting certain years of service and retirement qualifications.  These benefits may be subject to deductibles, co-payment provisions, and other limitations.  The company has reserved the right to modify these benefits.

The components of periodic benefit costs for the three and nine-months ended September 30, 2011 and September 30, 2010 are as follows:

	Three-Months Ended September 30, 2011								Nine-Months Ended September 30, 2011
	U.S.			Non-U.S.			Postretirement		U.S.			Non-U.S.			Postretirement
	Pension			Pension			Health and		Pension			Pension			Health and
	Plans			Plans			Other Plans		Plans			Plans			Other Plans
Service cost - benefits earned during the period	$	—		$	0.4		$	0.2	$	—		$	1.3		$	0.6
Interest cost of projected benefit obligations	2.6			2.6			0.9		7.8			7.7			2.5
Expected return on plan assets	(2.4		)	(2.2		)	—		(7.2		)	(6.7		)	—
Amortization of actuarial net (gain) loss	0.4			0.2			0.1		1.2			0.4			0.3
Net periodic benefit costs	$	0.6		$	1.0		$	1.2	$	1.8		$	2.7		$	3.4

	Three-Months Ended September 30, 2010								Nine-Months Ended September 30, 2010
	U.S.			Non-U.S.			Postretirement		U.S.			Non-U.S.			Postretirement
	Pension			Pension			Health and		Pension			Pension			Health and
	Plans			Plans			Other Plans		Plans			Plans			Other Plans
Service cost - benefits earned during the period	$	0.1		$	0.5		$	0.2	$	0.4		$	1.4		$	0.6
Interest cost of projected benefit obligations	2.6			2.7			0.9		7.7			8.2			2.7
Expected return on plan assets	(2.3		)	(2.4		)	—		(7.0		)	(7.1		)	—
Amortization of actuarial net (gain) loss	—			—			0.1		0.2			0.1			0.2
Net periodic benefit costs	$	0.4		$	0.8		$	1.2	$	1.3		$	2.6		$	3.5