Net Periodic Benefit Cost

6 Months Ended

Jun. 30, 2012

Net Periodic Benefit Cost

Net Periodic Benefit Cost

7.Net Periodic Benefit Cost

For detailed information about the Company’s pension and postretirement benefit plans, please refer to Note 9 of the Notes to the Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2011.

The following sets forth the components of net periodic benefit cost of the US and non-US defined benefit pension plans for the periods presented:

	Three MonthsEnded June 30,												Six MonthsEnded June 30,
	US Plans						Non-US Plans						US Plans						Non-US Plans
(in millions)	2012			2011			2012			2011			2012			2011			2012			2011
Service cost	$	1.6		$	1.7		$	2.0		$	1.2		$	3.3		$	3.4		$	4.0		$	2.5
Interest cost	2.9			3.1			3.0			3.0			5.9			6.3			6.1			5.9
Expected return on plan assets	(4.0		)	(3.7		)	(2.7		)	(2.9		)	(8.1		)	(7.2		)	(5.4		)	(5.6		)
Amortization of net actuarial loss	0.6			0.4			1.0			0.6			1.1			0.7			1.9			1.2
Amortization of prior service cost	—			0.1			—			0.1			—			0.1			—			0.1
Amortization of transition obligation	—			—			0.1			0.2			—			—			0.2			0.3
Net pension cost	$	1.1		$	1.6		$	3.4		$	2.2		$	2.2		$	3.3		$	6.8		$	4.4

The Company currently anticipates that it will make approximately $33 million in cash contributions to its pension plans in 2012, consisting of $19 million to its US pension plans and $14 million to its non-US pension plans.  For the six months ended June 30, 2012, cash contributions of $7 million and $1 million were made to the non-US plans and US plans, respectively.

The following sets forth the components of net postretirement benefit cost for the periods presented:

	Three Months Ended June 30,				Six Months Ended June 30,
(in millions)	2012		2011		2012		2011
Service cost	$	0.6	$	0.7	$	1.2	$	1.5
Interest cost	0.8		1.2		1.7		2.5
Amortization of prior service cost	0.1		0.1		0.1		0.1
Amortization of net actuarial loss	0.1		0.2		0.2		0.4
Net postretirement benefit cost	$	1.6	$	2.2	$	3.2	$	4.5