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Pensions and Other Postretirement Benefits
9 Months Ended
Sep. 30, 2014
Pensions and Other Postretirement Benefits [Abstract]  
Pension and Other Postretirement Benefits
Pensions and Other Postretirement Benefits
The following table summarizes the components of continuing net annual benefit cost (income):
(in Millions)
Three Months Ended September 30
 
Nine Months Ended September 30
Pensions
 
Other Benefits
 
Pensions
 
Other Benefits
2014
 
2013
 
2014
 
2013
 
2014
 
2013
 
2014
 
2013
Components of net annual benefit cost (income):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Service cost
$
3.2

 
$
5.8

 
$
0.1

 
$

 
$
13.0

 
$
16.6

 
$
0.1

 
$

Interest cost
15.7

 
14.3

 
0.2

 
0.2

 
46.7

 
42.3

 
0.8

 
0.8

Expected return on plan assets
(21.6
)
 
(19.1
)
 

 

 
(64.8
)
 
(57.5
)
 

 

Amortization of prior service cost (credit)
0.4

 
0.6

 

 

 
1.3

 
1.7

 

 

Recognized net actuarial and other (gain) loss
7.1

 
3.8

 
(0.4
)
 
(0.6
)
 
22.8

 
38.8

 
(1.2
)
 
(1.5
)
Recognized loss due to settlement (1)
0.5

 
7.1

 

 

 
4.1

 
7.1

 

 

Net periodic benefit cost from continuing operations
$
5.3

 
$
12.5

 
$
(0.1
)
 
$
(0.4
)
 
$
23.1

 
$
49.0

 
$
(0.3
)
 
$
(0.7
)

____________________
(1)
Settlement charge is associated with the acceleration of previously deferred pension actuarial losses and was triggered by a lump-sum payout to certain former executives.
In order to reduce future funding volatility in our U.S. qualified defined benefit pension plan (U.S. Plan), we have made voluntary contributions through September 30, 2014 and 2013 of $50.0 million and $40.0 million, respectively. We do not expect to make any further voluntary cash contributions to our U.S. defined benefit pension plan during 2014.