PENSION AND POST-RETIREMENT BENEFITS

9 Months Ended

Sep. 30, 2012

PENSION AND POST-RETIREMENT BENEFITS

2. PENSION AND POST-RETIREMENT BENEFITS

The components of net periodic benefit costs for the Company’s pension and the other post-retirement benefit plans for the third quarter of 2012 and 2011 are as follows:

	Pension Plans						Other Post-retirement Benefit Plans
	Three Months Ended September 30,						Three Months Ended September 30,
	2012			2011			2012		2011
Net periodic benefit costs:
Service cost	$	0.4		$	0.4		$	—	$	—
Interest cost		7.5			8.1			0.1		0.2
Expected return on plan assets		(8.8	)		(8.7	)		—		—
Amortization of actuarial loss		2.0			1.3			0.1		—
		1.1			1.1			0.2		0.2
Portion allocated to Revlon Holdings LLC		—			(0.1	)		—		—
	$	1.1		$	1.0		$	0.2	$	0.2

The components of net periodic benefit costs for the Company’s pension and the other post-retirement benefit plans for the first nine months of 2012 and 2011 are as follows:

	Pension Plans						Other Post-retirement Benefit Plans
	Nine Months Ended September 30,						Nine Months Ended September 30,
	2012			2011			2012		2011
Net periodic benefit costs:
Service cost	$	1.2		$	1.0		$	—	$	—
Interest cost		22.5			24.3			0.5		0.6
Expected return on plan assets		(26.4	)		(26.2	)		—		—
Amortization of actuarial loss		6.1			4.0			0.2		0.2
		3.4			3.1			0.7		0.8
Portion allocated to Revlon Holdings LLC		(0.1	)		(0.1	)		—		—
	$	3.3		$	3.0		$	0.7	$	0.8

In the three and nine months ended September 30, 2012, compared to the three and nine months ended September 30, 2011, the Company recognized slightly higher net periodic benefit costs primarily due to the decrease in the weighted-average discount rate, partially offset by the increase in the fair value of pension plan assets at December 31, 2011. The Company expects that its net periodic benefit costs for its pension and the other post-retirement benefit plans will be approximately $5 million for all of 2012, comparable to the $5 million cost in 2011.

During the third quarter of 2012, $7.2 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 2012, $26.2 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 $30 million in the aggregate to its pension plans and other post-retirement benefit plans for all of 2012.

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 Revlon, Inc.’s 2011 Form 10-K.