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Benefit Plans
6 Months Ended
Jul. 01, 2011
Benefit Plans  
Benefit Plans
13. Benefit Plans

The following table provides information regarding the net periodic benefit cost for the Company's pension and postretirement plans for the three and six months ended July 1, 2011 and July 2, 2010:

 

     Pension Costs     Pension Costs  
     Three Months ended     Six Months ended  
(In millions)    July 1,
2011
    July 2,
2010
    July 1,
2011
    July 2,
2010
 

Components of Net Periodic Benefit Cost:

        

Service cost

   $ 0.2      $ 0.4      $ 0.5      $ 0.9   

Interest cost

     1.1        1.6        2.2        3.3   

Expected return on plan assets

     (1.0     (1.1     (2.0     (2.6

Amortization of prior service cost

     0.1        0.1        0.2        0.2   

Recognized actuarial loss

     0.0        0.0        0.0        0.3   
                                

Net periodic benefit cost

   $ 0.4      $ 1.0      $ 0.9      $ 2.1   
                                
     Nonpension
Postretirement Costs
    Nonpension
Postretirement Costs
 
     Three Months ended     Six Months ended  
(In millions)    July 1,
2011
    July 2,
2010
    July 1,
2011
    July 2,
2010
 

Components of Net Periodic Benefit Cost:

        

Service cost

   $ 0.1      $ 0.1      $ 0.2      $ 0.2   

Interest cost

     0.3        0.3        0.6        0.6   

Amortization of prior service cost

     0.0        0.0        0.1        0.1   
                                

Net periodic benefit cost

   $ 0.4      $ 0.4      $ 0.9      $ 0.9   
                                

Pension costs are lower in 2011 as compared to 2010 due in part to the termination of the Church & Dwight Co., Inc. Retirement Plan for Hourly Employees (a U.S. pension plan) at the end of the fourth quarter of 2010. Additionally, effective in the first quarter of 2011, the Company reduced the future service benefits provided by its pension plans in the United Kingdom. A $0.7 million reduction to the United Kingdom pension plan benefit obligations was recorded in the fourth quarter of 2010.

The Company made cash contributions of approximately $2.7 million to its pension plans during the first six months of 2011. The Company estimates it will be required to make additional cash contributions to its pension plans of approximately $0.3 million during the remainder of 2011 to offset 2011 benefit payments and administrative costs in excess of investment returns.