Pension Plans and Postretirement Benefits (Tables)

3 Months Ended

Mar. 30, 2014

Compensation and Retirement Disclosure [Abstract]

Defined benefit pension plans and postretirement benefit plans

The following tables set forth the components of net income/expense for Teledyne’s pension plans and postretirement benefit plans for the first quarter of 2014 and 2013 (in millions):

	First Quarter
Pension Benefits	2014			2013
Service cost — benefits earned during the period	$	3.1		$	3.8
Interest cost on benefit obligation	10.7			9.6
Expected return on plan assets	(19.1		)	(18.1		)
Amortization of prior service cost	(1.2		)	(1.2		)
Amortization of net actuarial loss	6.2			10.2
Net (income)/expense	$	(0.3	)	$	4.3

	First Quarter
Postretirement Benefits	2014			2013
Interest cost on benefit obligation	$	0.2		$	0.2
Amortization of prior service cost	(0.1		)	(0.2		)
Amortization of net actuarial gain	(0.1		)	(0.1		)
Net (income)/expense	$	—		$	(0.1	)