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Defined Benefit Plans
6 Months Ended
Jun. 28, 2013
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]  
Defined Benefit Plans
DEFINED BENEFIT PLANS
The following sets forth the components of the Company’s net periodic benefit cost of the non-contributory defined benefit plans ($ in millions):
 
U.S. Pension Benefits
 
 
 
 
Three Months Ended
 
Six Months Ended
 
June 28, 2013
 
June 29, 2012
 
June 28, 2013
 
June 29, 2012
Service cost
$
1.4

 
$
1.5

 
$
2.8

 
$
3.0

Interest cost
23.7

 
24.9

 
47.4

 
49.8

Expected return on plan assets
(31.4
)
 
(32.2
)
 
(62.8
)
 
(64.4
)
Amortization of actuarial loss
7.0

 
9.5

 
14.0

 
19.0

Net periodic benefit cost
$
0.7

 
$
3.7

 
$
1.4

 
$
7.4


Non-U.S. Pension Benefits
 
 
 
 
Three Months Ended
 
Six Months Ended
 
June 28, 2013
 
June 29, 2012
 
June 28, 2013
 
June 29, 2012
Service cost
$
6.7

 
$
5.9

 
$
13.2

 
$
11.6

Interest cost
10.4

 
10.8

 
20.8

 
21.5

Expected return on plan assets
(8.5
)
 
(8.2
)
 
(17.1
)
 
(16.3
)
Amortization of actuarial loss
2.0

 
1.1

 
4.0

 
2.3

Amortization of prior service credit
(0.1
)
 
(0.1
)
 
(0.2
)
 
(0.2
)
Settlement losses recognized

 

 
0.6

 
0.9

Net periodic benefit cost
$
10.5

 
$
9.5

 
$
21.3

 
$
19.8



The following sets forth the components of the Company’s net periodic benefit cost of the other post-retirement employee benefit plans ($ in millions):
 
 
Three Months Ended
 
Six Months Ended
 
June 28, 2013
 
June 29, 2012
 
June 28, 2013
 
June 29, 2012
Service cost
$
0.4

 
$
0.5

 
$
0.8

 
$
1.0

Interest cost
1.9

 
2.7

 
4.0

 
5.4

Amortization of prior service credit
(1.7
)
 
(1.4
)
 
(3.3
)
 
(2.8
)
Amortization of actuarial loss
0.4

 
1.0

 
0.8

 
2.0

Net periodic benefit cost
$
1.0

 
$
2.8

 
$
2.3

 
$
5.6



Employer Contributions
During 2013, the Company’s cash contribution requirements for its U.S. defined benefit pension plan are not expected to be significant. The Company’s cash contribution requirements for its non-U.S. defined benefit pension plans are expected to be approximately $52 million. The ultimate amounts to be contributed depend upon, among other things, legal requirements, underlying asset returns, the plan’s funded status, the anticipated tax deductibility of the contribution, local practices, market conditions, interest rates and other factors.