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Defined Benefit Pension Plans and Other Post-Employment Benefit Plans
6 Months Ended
Jun. 30, 2015
Compensation And Retirement Disclosure [Abstract]  
Defined Benefit Pension Plans and Other Post-Employment Benefit Plans

Note 13 Defined Benefit Pension Plans and Other Post-Employment Benefit Plans

The following table shows the components of our net periodic benefit cost (income) for our defined benefit pension plans for the three months ended June 30, 2015 and 2014:

 

 

 

Three Months Ended

 

 

Three Months Ended

 

 

 

June 30, 2015

 

 

June 30, 2014

 

(In millions)

 

U.S.

 

 

International

 

 

Total

 

 

U.S.

 

 

International

 

 

Total

 

Components of net periodic

   benefit cost or (income):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

0.1

 

 

$

2.5

 

 

$

2.6

 

 

$

0.3

 

 

$

2.2

 

 

$

2.5

 

Interest cost

 

 

2.1

 

 

 

7.7

 

 

 

9.8

 

 

 

2.2

 

 

 

9.8

 

 

 

12.0

 

Expected return on plan assets

 

 

(2.8

)

 

 

(10.3

)

 

 

(13.1

)

 

 

(2.8

)

 

 

(10.7

)

 

 

(13.5

)

Amortization of net prior service

   cost

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of net actuarial loss

 

 

0.4

 

 

 

2.3

 

 

 

2.7

 

 

 

0.2

 

 

 

2.3

 

 

 

2.5

 

Net periodic benefit cost

   (income)

 

 

(0.2

)

 

 

2.2

 

 

 

2.0

 

 

 

(0.1

)

 

 

3.6

 

 

 

3.5

 

Cost (income) of

   settlement/curtailment

 

 

1.1

 

 

 

(1.0

)

 

 

0.1

 

 

 

 

 

 

0.6

 

 

 

0.6

 

Total benefit cost (income)

 

$

0.9

 

 

$

1.2

 

 

$

2.1

 

 

$

(0.1

)

 

$

4.2

 

 

$

4.1

 

 

The following table shows the components of our net periodic benefit cost (income) for our defined benefit pension plans for the six months ended June 30, 2015 and 2014:

 

 

 

Six Months Ended

 

 

Six Months Ended

 

 

 

June 30, 2015

 

 

June 30, 2014

 

(In millions)

 

U.S.

 

 

International

 

 

Total

 

 

U.S.

 

 

International

 

 

Total

 

Components of net periodic

   benefit cost or (income):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

0.4

 

 

$

5.0

 

 

$

5.4

 

 

$

0.5

 

 

$

4.5

 

 

$

5.0

 

Interest cost

 

 

4.3

 

 

 

15.3

 

 

 

19.6

 

 

 

4.4

 

 

 

19.7

 

 

 

24.1

 

Expected return on plan assets

 

 

(5.7

)

 

 

(20.6

)

 

 

(26.3

)

 

 

(5.6

)

 

 

(21.5

)

 

 

(27.1

)

Amortization of net prior service

   cost

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization of net actuarial loss

 

 

0.9

 

 

 

4.7

 

 

 

5.6

 

 

 

0.4

 

 

 

4.6

 

 

 

5.0

 

Net periodic benefit cost

   (income)

 

 

(0.1

)

 

 

4.4

 

 

 

4.3

 

 

 

(0.3

)

 

 

7.3

 

 

 

7.0

 

Cost (income) of

   settlement/curtailment

 

 

1.1

 

 

 

(0.7

)

 

 

0.4

 

 

 

 

 

 

1.1

 

 

 

1.1

 

Total benefit cost (income)

 

$

1.0

 

 

$

3.7

 

 

$

4.7

 

 

$

(0.3

)

 

$

8.4

 

 

$

8.1

 

 

The following table shows the components of our net periodic benefit cost for our other employee benefit plans for the three month and six month periods ended June 30, 2015 and 2014:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

(In millions)

 

2015

 

 

2014

 

 

2015

 

 

2014

 

Components of net periodic

   benefit cost or (income):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

0.2

 

 

$

0.2

 

 

$

0.5

 

 

$

0.4

 

Interest cost

 

 

0.7

 

 

 

0.8

 

 

 

1.5

 

 

 

1.6

 

Amortization of net prior service cost

 

 

(0.2

)

 

 

(0.2

)

 

 

(0.4

)

 

 

(0.4

)

Amortization of net actuarial loss

 

 

0.1

 

 

 

 

 

 

0.2

 

 

 

0.1

 

Net periodic benefit cost

 

$

0.8

 

 

$

0.8

 

 

$

1.8

 

 

$

1.7