Pension Plans and Postretirement Benefits (Tables)

3 Months Ended

Mar. 29, 2015

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 2015 and 2014 (in millions):

	First Quarter
Pension Benefits	2015			2014
Service cost — benefits earned during the period	$	3.3		$	3.1
Interest cost on benefit obligation	9.9			10.7
Expected return on plan assets	(19.2		)	(19.1		)
Amortization of prior service cost	(1.5		)	(1.2		)
Amortization of net actuarial loss	8.5			6.2
Pension plan curtailment	(1.2		)	—
Net income	$	(0.2	)	$	(0.3	)

	First Quarter
Postretirement Benefits	2015		2014
Interest cost on benefit obligation	$	0.1	$	0.2
Amortization of prior service cost	—		(0.1		)
Amortization of net actuarial gain	—		(0.1		)
Net expense	$	0.1	$	—