XML 85 R20.htm IDEA: XBRL DOCUMENT v2.4.0.6
Benefit Plans
6 Months Ended
Jun. 30, 2012
Benefit Plans
12. Benefit Plans

The following tables provide information regarding the net periodic benefit costs for the Company’s international pension plans and domestic and international postretirement plans for the three and six months ended June 30, 2012 and July 1, 2011:

 

     Pension Costs     Pension Costs  
     Three Months ended     Six Months ended  
(In millions)    June 30,
2012
    July 1,
2011
    June 30,
2012
    July 1,
2011
 

Components of Net Periodic Benefit Cost:

        

Service cost

   $ 0.2      $ 0.2      $ 0.5      $ 0.5   

Interest cost

     1.1        1.1        2.1        2.2   

Expected return on plan assets

     (1.0     (1.0     (1.9     (2.0

Amortization of prior service cost

     0.2        0.1        0.3        0.2   
  

 

 

   

 

 

   

 

 

   

 

 

 

Net periodic benefit cost

   $ 0.5      $ 0.4      $ 1.0      $ 0.9   
  

 

 

   

 

 

   

 

 

   

 

 

 

 

     Nonpension
Postretirement Costs
     Nonpension
Postretirement Costs
 
     Three Months ended      Six Months ended  
(In millions)    June 30,
2012
     July 1,
2011
     June 30,
2012
     July 1,
2011
 

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   
  

 

 

    

 

 

    

 

 

    

 

 

 

 

The Company made cash contributions of approximately $2.8 million to its pension plans during the first six months of 2012. The Company estimates it will be required to make additional cash contributions to its pension plans of approximately $1.1 million during the remainder of 2012 to offset 2012 benefit payments and administrative costs in excess of investment returns.