Net Periodic Benefit Cost - Defined Benefit Plans

9 Months Ended

Oct. 03, 2015

Net Periodic Benefit Cost — Defined Benefit Plans

Following are the components of net periodic pension (benefit) cost for the three and nine months ended October 3, 2015 and September 27, 2014:



	Third Quarter
	Pension Benefits												Other Benefits
	U.S. Plans						Non-U.S. Plans						All Plans
(Millions of Dollars)	2015			2014			2015			2014			2015			2014
Service cost	$	1.7		$	2.3		$	3.6		$	3.3		$	0.1		$	0.3
Interest cost	13.5			14.1			11.4			15.0			0.6			0.7
Expected return on plan assets	(18.7		)	(18.1		)	(14.3		)	(15.4		)	—			—
Amortization of prior service cost (credit)	0.3			0.2			0.4			0.1			(0.4		)	(0.3		)
Amortization of net loss (gain)	1.9			0.3			1.5			1.7			—			(0.1		)
Settlement / curtailment loss	—			—			0.4			—			—			—
Net periodic pension (benefit) cost	$	(1.3	)	$	(1.2	)	$	3.0		$	4.7		$	0.3		$	0.6



	Year-to-Date
	Pension Benefits												Other Benefits
	U.S. Plans						Non-U.S. Plans						All Plans
(Millions of Dollars)	2015			2014			2015			2014			2015			2014
Service cost	$	5.2		$	6.7		$	10.8		$	10.0		$	0.4		$	0.8
Interest cost	40.4			42.3			35.2			45.1			1.7			2.0
Expected return on plan assets	(56.1		)	(54.1		)	(42.5		)	(46.1		)	—			—
Amortization of prior service cost (credit)	0.7			0.8			0.6			0.3			(1.0		)	(1.0		)
Amortization of net loss (gain)	5.8			0.7			5.7			5.3			—			(0.1		)
Settlement / curtailment loss	—			—			0.7			—			—			—
Net periodic pension (benefit) cost	$	(4.0	)	$	(3.6	)	$	10.5		$	14.6		$	1.1		$	1.7