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Employee Benefits
6 Months Ended
Jun. 30, 2013
Employee Benefits

7. Employee Benefits

The components of the estimated net pension and other postretirement benefits plan income for the three and six months ended June 30, 2013 and 2012 were as follows:

 

 

Three Months Ended
June 30,

 

  

Six Months Ended
June 30,

 

 

2013

 

  

2012

 

  

2013

 

  

2012

 

Pension (income) expense

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

Service cost             

$

  0.8

 

  

$

  1.6

 

  

$

  1.6

  

  

$

  3.5

 

Interest cost             

 

  44.5

 

  

 

  47.4

 

  

 

  89.1

  

  

 

  94.8

 

Expected return on plan assets             

 

(60.6

) 

  

 

(65.8

)

  

 

(121.2

) 

  

 

(131.6

)

Amortization, net             

 

  12.6

 

  

 

  6.8

 

  

 

  25.2

  

  

 

  13.9

 

Net pension income             

$

(2.7

) 

  

$

(10.0

)

  

$

(5.3

) 

  

$

(19.4

)

Other postretirement benefits plan (income) expense

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

Service cost             

$

  1.9

 

  

$

  1.6

 

  

$

  3.7

  

  

$

  3.3

 

Interest cost             

 

  4.0

 

  

 

  4.6

 

  

 

  8.1

  

  

 

  9.2

 

Expected return on plan assets             

 

(2.9

) 

  

 

(3.4

)

  

 

(5.9

) 

  

 

(6.9

)

Amortization, net             

 

(5.0

) 

  

 

(4.9

)

  

 

(9.9

) 

  

 

(9.9

)

Net other postretirement benefits plan income             

$

(2.0

) 

  

$

(2.1

)

  

$

(4.0

) 

  

$

(4.3

)