EMPLOYEE BENEFIT PLANS

6 Months Ended

Jun. 29, 2013

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS

(9) EMPLOYEE BENEFIT PLANS

Net periodic benefit expense for our pension and postretirement plans includes the following components:

Domestic Pension Plans

	Three months ended						Six months ended
	June 29,			June 30,			June 29,			June 30,
	2013			2012			2013			2012
Service cost	$	1.9		$	2.4		$	3.7		$	4.7
Interest cost	12.0			13.5			24.0			27.0
Expected return on plan assets	(18.8		)	(15.9		)	(37.5		)	(31.8		)
Amortization of unrecognized losses	9.0			6.8			18.0			13.7
Amortization of unrecognized prior service credits	—			(0.1		)	—			(0.2		)
Curtailment loss	—			—			—			0.1
Net periodic pension benefit expense	$	4.1		$	6.7		$	8.2		$	13.5

Foreign Pension Plans

	Three months ended						Six months ended
	June 29,			June 30,			June 29,			June 30,
	2013			2012			2013			2012
Service cost	$	0.7		$	0.6		$	1.4		$	1.3
Interest cost	3.3			3.6			6.6			7.2
Expected return on plan assets	(4.3		)	(4.0		)	(8.7		)	(8.2		)
Amortization of unrecognized losses	0.6			0.3			1.3			0.7
Total net periodic pension benefit expense	0.3			0.5			0.6			1.0
Less: Net periodic pension benefit expense of discontinued operations	(0.2		)	(0.3		)	(0.4		)	(0.6		)
Net periodic pension benefit expense of continuing operations	$	0.1		$	0.2		$	0.2		$	0.4

Postretirement Plans

	Three months ended						Six months ended
	June 29,			June 30,			June 29,			June 30,
	2013			2012			2013			2012
Service cost	$	0.1		$	0.1		$	0.2		$	0.2
Interest cost	1.2			1.5			2.4			2.9
Amortization of unrecognized losses	1.0			0.9			2.1			1.9
Amortization of unrecognized prior service credits	(0.3		)	(0.3		)	(0.7		)	(0.7		)
Net periodic postretirement benefit expense	$	2.0		$	2.2		$	4.0		$	4.3

Employer Contributions

During the first half of 2013, we made contributions to our domestic and foreign pension plans of approximately $292.0, including a $250.0 discretionary contribution to a domestic qualified pension plan. This discretionary contribution will result in a reduction of our annual pension expense for 2013 of $12.5, including $6.2 in the first half of 2013. Of our 2013 contributions, approximately $1.0 related to businesses that have been disposed of and classified as discontinued operations.