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PENSION AND POST-RETIREMENT BENEFITS
 3 Months Ended
Mar. 31, 2014
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]  
PENSION AND POST-RETIREMENT BENEFITS
PENSION AND POST-RETIREMENT BENEFITS
The components of net periodic benefit (income) costs for the Company’s pension and the other post-retirement benefit plans for the first quarter of 2014 and 2013 are as follows:
 


Pension Plans
 
Other
Post-Retirement
Benefit Plans
 
Three Months Ended March 31,
 
2014
 
2013
 
2014
 
2013
Net periodic benefit (income) costs:
 
Service cost
$
0.2

 
$
0.2

 
$
—

 
$
—

Interest cost
7.5

 
6.9

 
0.2

 
0.1

Expected return on plan assets
(10.4
)
 
(9.5
)
 
—

 
—

Amortization of actuarial loss
1.2

 
2.1

 
—

 
0.1

 
$
(1.5
)
 
$
(0.3
)
 
$
0.2

 
$
0.2


In the three months ended March 31, 2014, the Company recognized net periodic benefit income of $(1.3) million, compared to $(0.1) million in the three months ended March 31, 2013, primarily due to an increase in the fair value of pension plan assets at December 31, 2013, as well as lower amortization of actuarial losses. Net periodic benefit (income) costs are reflected in the Company's Unaudited Consolidated Financial Statements as follows:
 
Three Months Ended March 31,
 
2014
 
2013
Net periodic benefit (income) costs:
 
 
 
Cost of sales
$
(0.7
)
 
$
(0.4
)
Selling, general and administrative expense
(0.2
)
 
0.6

Inventories
(0.4
)
 
(0.3
)
 
$
(1.3
)
 
$
(0.1
)

The Company expects that it will have net periodic benefit income of approximately $(5) million for its pension and other post-retirement benefit plans for all of 2014, compared with net periodic benefit income of $(0.4) million in 2013.
During the first quarter of 2014, $6.1 million and $0.2 million were contributed to the Company’s pension plans and other post-retirement benefit plans, respectively. The Company currently expects to contribute approximately $20 million in the aggregate to its pension and other post-retirement benefit plans in 2014.
Relevant aspects of the qualified defined benefit pension plans, nonqualified pension plans and other post-retirement benefit plans sponsored by Products Corporation are disclosed in Note 16, "Savings Plan, Pension and Post-Retirement Benefits," to the Consolidated Financial Statements in Revlon, Inc.'s 2013 Form 10-K.