PENSION AND POST-RETIREMENT PLANS

3 Months Ended

Mar. 31, 2015

PENSION AND POST-RETIREMENT PLANS

PENSION AND POST-RETIREMENT PLANS

5.PENSION AND POST-RETIREMENT PLANS

The Company sponsors qualified defined-benefit pension and post-retirement plans (collectively, the “Plans”).  The following table provides the components of net periodic benefit cost for the Plans for the three-months periods ended March 31, 2015 and 2014 (in millions):

	Pension Benefits						Post-retirement Benefits
	March 31						March 31
	2015			2014			2015		2014
Service cost	$	0.9		$	0.8		$	0.4	$	0.3
Interest cost	2.4			2.4			0.6		0.6
Expected return on plan assets	(3.5		)	(3.5		)	—		—
Amortization of net loss	1.6			0.8			0.6		0.1
Amortization of prior service cost	(0.6		)	(0.6		)	—		—
Net Periodic Cost (Benefit)	$	0.8		$	(0.1	)	$	1.6	$	1.0

On April 10, 2015, the Company paid an initial contribution of $1.6 million to its defined benefit pension plans, of total expected contributions of $6.2 million to be made for 2015.