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EMPLOYEE BENEFIT PLANS (Tables)
9 Months Ended
Oct. 01, 2011
EMPLOYEE BENEFIT PLANS 
Schedule of net periodic benefit expense for pension and postretirement plans

 

 

Domestic Pension Plans

 

 

 

Three months ended

 

Nine months ended

 

 

 

October 1,

 

October 2,

 

October 1,

 

October 2,

 

 

 

2011

 

2010

 

2011

 

2010

 

Service cost

 

$

2.5

 

$

2.3

 

$

7.5

 

$

7.0

 

Interest cost

 

14.4

 

15.2

 

43.1

 

45.8

 

Expected return on plan assets

 

(16.6

)

(17.1

)

(49.3

)

(51.3

)

Amortization of unrecognized losses

 

5.8

 

9.1

 

17.4

 

27.4

 

Amortization of unrecognized prior service credits

 

(0.3

)

(0.2

)

(0.7

)

(0.6

)

Total net periodic benefit expense

 

5.8

 

9.3

 

18.0

 

28.3

 

Less: Net periodic benefit expense of discontinued operations

 

 

 

 

 

Net periodic benefit expense of continuing operations

 

$

5.8

 

$

9.3

 

$

18.0

 

$

28.3

 

 

Foreign Pension Plans

 

 

 

Three months ended

 

Nine months ended

 

 

 

October 1,

 

October 2,

 

October 1,

 

October 2,

 

 

 

2011

 

2010

 

2011

 

2010

 

Service cost

 

$

0.6

 

$

0.6

 

$

1.9

 

$

1.7

 

Interest cost

 

3.8

 

3.6

 

11.0

 

10.5

 

Expected return on plan assets

 

(4.1

)

(3.7

)

(12.4

)

(10.7

)

Amortization of unrecognized losses

 

0.3

 

0.5

 

0.8

 

1.3

 

Total net periodic benefit expense

 

0.6

 

1.0

 

1.3

 

2.8

 

Less: Net periodic benefit expense of discontinued operations

 

(0.3

)

 

(0.3

)

 

Net periodic benefit expense of continuing operations

 

$

0.3

 

$

1.0

 

$

1.0

 

$

2.8

 

 

Postretirement Plans

 

 

 

Three months ended

 

Nine months ended

 

 

 

October 1,

 

October 2,

 

October 1,

 

October 2,

 

 

 

2011

 

2010

 

2011

 

2010

 

Service cost

 

$

0.1

 

$

0.1

 

$

0.3

 

$

0.2

 

Interest cost

 

1.7

 

2.0

 

5.3

 

6.0

 

Amortization of unrecognized losses

 

1.2

 

1.3

 

3.5

 

3.2

 

Amortization of unrecognized prior service credits

 

(0.4

)

(0.3

)

(1.1

)

(1.0

)

Net periodic postretirement benefit expense of continuing operations

 

$

2.6

 

$

3.1

 

$

8.0

 

$

8.4