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Pension and Other Postretirement Benefit Plans
3 Months Ended
Mar. 31, 2015
Pension and Other Postretirement Benefit Plans
Pension and Other Postretirement Benefit Plans
The components of net periodic benefit are as follows:
 
Three Months Ended March 31,
 
2015
 
2014
 
2015
 
2014
(in millions)
Pension Benefits
 
Other Postretirement
Benefits
Service cost
$
1.4

 
$
1.3

 
$

 
$

Interest cost
9.6

 
10.2

 
0.1

 
0.1

Expected return on plan assets
(15.6
)
 
(15.7
)
 

 

Amortization of prior service cost

 

 
(0.1
)
 
(0.1
)
Amortization of net loss (gain)
3.1

 
1.3

 
(0.1
)
 

Net periodic benefit
$
(1.5
)
 
$
(2.9
)
 
$
(0.1
)
 
$


The Company expects, based on current actuarial calculations, to contribute approximately $17.0 million to its defined benefit plans and $1.0 million to its other postretirement benefit plans in 2015, of which $2.9 million and $0.1 million have been contributed during the first three months of 2015, respectively. The Company contributed $24.5 million to its defined benefit plans and $1.0 million to its other postretirement benefit plans in 2014. Cash contributions for subsequent years will depend on a number of factors, including the impact of the Pension Protection Act signed into law in 2006, changes in minimum funding requirements, long-term interest rates, the investment performance of plan assets and changes in employee census data affecting the Company’s projected benefit obligations.