PENSION AND POST-RETIREMENT PLANS

3 Months Ended

Mar. 31, 2016

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 (benefit) for the Plans for the three months ended March 31, 2016 and 2015 (in millions):

	Pension Benefits						Post-retirement Benefits
	March 31,						March 31,
Components of Net Periodic Benefit Costs:	2016			2015			2016		2015
Service cost	$	1.0		$	0.9		$	0.4	$	0.4
Interest cost	2.4			2.4			0.7		0.6
Expected return on plan assets	(3.3		)	(3.5		)	—		—
Amortization of net loss	1.3			1.6			0.3		0.6
Amortization of prior service cost	(0.6		)	(0.6		)	—		—
Net periodic benefit cost	$	0.8		$	0.8		$	1.4	$	1.6

During the three months ended March 31, 2016, the Company contributed $3.1 million to its defined benefit pension plans, out of total expected contributions of $7.5 million for 2016.