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Benefit Plans
9 Months Ended
Sep. 30, 2012
Benefit Plans
13. 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 nine months ended September 30, 2012 and September 30, 2011:

 

     Pension Costs     Pension Costs  
     Three Months ended     Nine Months ended  
     September 30,     September 30,     September 30,     September 30,  
(In millions)    2012     2011     2012     2011  

Components of Net Periodic Benefit Cost:

        

Service cost

   $ 0.2      $ 0.2      $ 0.7      $ 0.7   

Interest cost

     1.0        1.1        3.1        3.3   

Expected return on plan assets

     (1.0     (1.0     (2.9     (3.0

Amortization of prior service cost

     0.3        0.1        0.6        0.3   
  

 

 

   

 

 

   

 

 

   

 

 

 

Net periodic benefit cost

   $ 0.5      $ 0.4      $ 1.5      $ 1.3   
  

 

 

   

 

 

   

 

 

   

 

 

 
     Nonpension
Postretirement Costs
    Nonpension
Postretirement Costs
 
     Three Months ended     Nine Months ended  
     September 30,     September 30,     September 30,     September 30,  
(In millions)    2012     2011     2012     2011  

Components of Net Periodic Benefit Cost:

        

Service cost

   $ 0.1      $ 0.1      $ 0.3      $ 0.3   

Interest cost

     0.4        0.3        1.0        0.9   

Amortization of prior service cost

     0.0        0.0        0.1        0.1   
  

 

 

   

 

 

   

 

 

   

 

 

 

Net periodic benefit cost

   $ 0.5      $ 0.4      $ 1.4      $ 1.3   
  

 

 

   

 

 

   

 

 

   

 

 

 

The Company made cash contributions of approximately $3.7 million to its pension plans during the first nine months of 2012. The Company estimates it will be required to make additional cash contributions to its pension plans of approximately $0.2 million during the remainder of 2012 to offset 2012 benefit payments and administrative costs in excess of investment returns.