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Employee Benefits (Tables)
6 Months Ended
Jun. 30, 2016
Compensation And Retirement Disclosure [Abstract]  
Components of Estimated Net Pension and Other Postretirement Benefit Plan Expense (Income)

The components of the estimated net pension and other postretirement benefits plan expense (income) for the three and six months ended June 30, 2016 and 2015 were as follows:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Pension expense (income)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

0.3

 

 

$

0.5

 

 

$

0.6

 

 

$

1.1

 

Interest cost

 

 

36.8

 

 

 

44.6

 

 

 

73.7

 

 

 

89.4

 

Expected return on plan assets

 

 

(60.9

)

 

 

(61.7

)

 

 

(121.4

)

 

 

(123.3

)

Amortization, net

 

 

7.9

 

 

 

10.2

 

 

 

15.7

 

 

 

20.4

 

Settlement

 

 

96.9

 

 

 

 

 

 

96.9

 

 

 

 

Net pension expense (income)

 

$

81.0

 

 

$

(6.4

)

 

$

65.5

 

 

$

(12.4

)

Other postretirement benefits plan expense (income)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service cost

 

$

1.0

 

 

$

1.2

 

 

$

2.0

 

 

$

2.4

 

Interest cost

 

 

3.1

 

 

 

4.0

 

 

 

6.1

 

 

 

8.0

 

Expected return on plan assets

 

 

(3.4

)

 

 

(3.2

)

 

 

(6.8

)

 

 

(6.5

)

Amortization, net

 

 

(4.0

)

 

 

(6.8

)

 

 

(8.0

)

 

 

(13.5

)

Net other postretirement benefits plan income

 

$

(3.3

)

 

$

(4.8

)

 

$

(6.7

)

 

$

(9.6

)