Pension Plans and Postretirement Benefits (Tables)

9 Months Ended

Sep. 27, 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 third quarter and first nine months of 2015 and 2014 (in millions):

	Third Quarter						Nine Months
Pension Benefits	2015			2014			2015			2014
Service cost — benefits earned during the period	$	3.3		$	3.2		$	10.0		$	9.4
Interest cost on benefit obligation	9.9			10.6			29.6			31.9
Expected return on plan assets	(19.2		)	(19.1		)	(57.5		)	(57.3		)
Amortization of prior service cost	(1.5		)	(1.2		)	(4.5		)	(3.5		)
Amortization of net actuarial loss	8.5			6.2			25.5			18.5
Pension plan curtailment	—			—			(1.2		)	—
Net expense (income)	$	1.0		$	(0.3	)	$	1.9		$	(1.0	)

	Third Quarter					Nine Months
Postretirement Benefits	2015		2014			2015			2014
Interest cost on benefit obligation	$	0.1	$	0.2		$	0.4		$	0.5
Amortization of prior service cost	—		(0.1		)	—			(0.2		)
Amortization of net actuarial gain	—		(0.1		)	(0.1		)	(0.4		)
Net expense (income)	$	0.1	$	—		$	0.3		$	(0.1	)