PENSION AND POST-RETIREMENT BENEFITS

3 Months Ended

Mar. 31, 2015

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]

Pension and Other Postretirement Benefits Disclosure [Text Block]

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 2015 and 2014 are as follows:

	Pension Plans						Other Post-Retirement Benefit Plans
	Three Months Ended March 31,
	2015			2014			2015		2014
Net periodic benefit (income) costs:
Service cost	$	0.2		$	0.2		$	—	$	—
Interest cost	7.2			7.5			0.1		0.2
Expected return on plan assets	(10.1		)	(10.4		)	—		—
Amortization of actuarial loss	2.0			1.2			—		—
	(0.7		)	(1.5		)	0.1		0.2
Portion allocated to Revlon Holdings	—			—			—		—
	$	(0.7	)	$	(1.5	)	$	0.1	$	0.2

In the three months ended March 31, 2015, the Company recognized net periodic benefit income of $(0.6) million, as compared to $(1.3) million in the three months ended March 31, 2014, primarily due to higher amortization of actuarial losses.

Net periodic benefit (income) costs are reflected in the Company's Consolidated Financial Statements as follows:

	Three Months Ended March 31,
	2015			2014
Net periodic benefit (income) costs:
Cost of sales	$	(1.0	)	$	(0.7	)
Selling, general and administrative expense	0.4			(0.2		)
Inventories	—			(0.4		)
	$	(0.6	)	$	(1.3	)

The Company expects that it will have net periodic benefit income of approximately $(2.4) million for its pension and other post-retirement benefit plans for all of 2015, compared with net periodic benefit income of $(5.4) million in 2014.

During the first quarter of 2015, $2.4 million and $0.1 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 2015.

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 14, "Savings Plan, Pension and Post-Retirement Benefits," to the Consolidated Financial Statements in Revlon, Inc.'s 2014 Form 10-K.