Pension Plans

6 Months Ended

Jul. 01, 2012

Pension Plans [Abstract]

Pension Plans

Note 9.  Pension Plans

     The Company and its subsidiaries have pension plans both in the U.S. and internationally, covering substantially all eligible employees on a contributory or non-contributory basis. Disclosures for the U.S. plans have been combined with those outside of the U.S. as the international plans do not have significantly different assumptions, and together represent less than 25% of our total benefit obligation.

Components of Net Periodic Benefit Cost

(millions of dollars)			Pension Benefits
				Three Months Ended						Six Months Ended
				July 1, 2012			July 3, 2011			July 1, 2012			July 3, 2011
Service cost			$	2.3		$	1.9		$	4.7		$	3.7
Interest cost				3.6			3.0			7.2			5.9
Expected return on plan assets				(4.2	)		(3.6	)		(8.4	)		(7.0	)
Amortization:
	Prior service cost			0.3			0.3			0.6			0.6
	Recognized net actuarial loss			3.4			2.1			6.8			4.1
		Net periodic benefit cost	$	5.4		$	3.7		$	10.9		$	7.3

(millions of dollars)			Other Benefits
				Three Months Ended						Six Months Ended
				July 1, 2012			July 3, 2011			July 1, 2012			July 3, 2011
Service cost			$	0.1		$	0.2		$	0.3		$	0.4
Interest cost				0.1			0.2			0.2			0.4
Amortization:				--			--			--			--
	Prior service cost			(0.8	)		(0.8	)		(1.6	)		(1.6	)
	Recognized net actuarial loss			--			0.1			--			0.2
		Net periodic benefit cost	$	(0.6	)	$	(0.3	)	$	(1.1	)	$	(0.6	)

     Amortization amounts of prior service costs and recognized net actuarial losses are recorded, net of tax, as increases to accumulated other comprehensive income.

Employer Contributions

     The Company expects to contribute $13 million to its pension plans and $1.2 million to its other post retirement benefit plans in 2012. As of July 1, 2012, $7.8 million has been contributed to the pension plans and approximately $0.3 million has been contributed to the other post retirement benefit plans.