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PENSION AND POST-RETIREMENT BENEFITS
9 Months Ended
Sep. 30, 2015
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 third quarter of 2015 and 2014 are as follows:
 


Pension Plans
 
Other
Post-Retirement
Benefit Plans
 
Three Months Ended September 30,
 
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
(10.0
)
 
(10.3
)
 

 

Amortization of actuarial loss
2.2

 
1.1

 

 

 
(0.4
)
 
(1.5
)
 
0.1

 
0.2

Portion allocated to Revlon Holdings

 
(0.1
)
 

 

 
$
(0.4
)
 
$
(1.6
)
 
$
0.1

 
$
0.2

The components of net periodic benefit (income) costs for the Company’s pension and the other post-retirement benefit plans for the nine months ended September 30, 2015 and 2014 are as follows:
 


Pension Plans
 
Other
Post-Retirement
Benefit Plans
 
Nine Months Ended September 30,
 
2015
 
2014
 
2015
 
2014
Net periodic benefit (income) costs:
 
Service cost
$
0.6

 
$
0.6

 
$

 
$

Interest cost
21.5

 
22.6

 
0.3

 
0.5

Expected return on plan assets
(30.3
)
 
(31.0
)
 

 

Amortization of actuarial loss
6.3

 
3.3

 
0.1

 
0.1

 
(1.9
)
 
(4.5
)
 
0.4

 
0.6

Portion allocated to Revlon Holdings
(0.1
)
 
(0.1
)
 

 

 
$
(2.0
)
 
$
(4.6
)
 
$
0.4

 
$
0.6


In the three and nine months ended September 30, 2015, the Company recognized net periodic benefit income of $0.3 million and $1.6 million, respectively, compared to $1.4 million and $4.0 million in the three and nine months ended September 30, 2014, respectively, 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 September 30,
 
Nine Months Ended September 30,
 
2015
 
2014
 
2015
 
2014
Net periodic benefit (income) costs:
 
 
 
 
 
 
 
Cost of sales
$
(1.0
)
 
$
(1.2
)
 
$
(3.0
)
 
$
(3.0
)
Selling, general and administrative expense
0.7

 
(0.2
)
 
1.4

 
(0.5
)
Inventories

 

 

 
(0.5
)
 
$
(0.3
)
 
$
(1.4
)
 
$
(1.6
)
 
$
(4.0
)


The Company expects that it will have net periodic benefit income of approximately $2.0 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 third quarter of 2015, $10.1 million and $0.2 million were contributed to the Company’s pension plans and other post-retirement benefit plans, respectively. During the first nine months of 2015, $14.9 million and $0.6 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.