Employee Benefit Plans

6 Months Ended

Jun. 30, 2011

Employee Benefit Plans

Employee Benefit Plans

11.Employee Benefit Plans

Substantially all of the Company’s employees in Switzerland, France and Japan, as well as certain employees in Germany, are covered by Company-sponsored defined benefit pension plans. Retirement benefits are generally earned based on years of service and compensation during active employment. Eligibility is generally determined in accordance with local statutory requirements; however, the level of benefits and terms of vesting varies among plans.

The components of net periodic pension cost for the three and six months ended June 30, 2011 and 2010 are as follows (in millions):

	Three Months Ended June 30,						Six Months Ended June 30,
	2011			2010			2011			2010
Service cost	$	1.3		$	1.1		$	2.3		$	2.0
Interest cost	1.5			1.3			2.8			2.5
Expected return on plan assets	(1.0		)	(0.9		)	(1.8		)	(1.8		)
Amortization of prior service costs	—			0.2			—			0.5
Net periodic benefit costs	$	1.8		$	1.7		$	3.3		$	3.2

The Company made contributions of $1.7 million to its defined benefit plans during the six months ended June 30, 2011 and estimates contributions of $1.8 million will be made during the remainder of 2011.