EMPLOYEE BENEFIT PLANS

3 Months Ended

Mar. 31, 2012

Compensation and Retirement Disclosure [Abstract]

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS

Defined Benefit Plans - As of March 31, 2012, the Company maintained two domestic pension plans and three German pension plans. The Company used a December 31 measurement date for these plans.

Other Benefits - The Company's other postretirement benefit plan provides health and life insurance benefits to domestic employees hired prior to 1992.

Effective for 2012, the Company redesigned certain U.S. retirement plan offerings. The redesign was completed in order to increase standardization of retirement plans among U.S. salaried employees and to reduce the expected cash funding volatility of retirement plans, while at the same time keeping in place a competitive retirement plan offering to attract and retain talent. The Company achieved this by freezing benefit accruals under both the Basic Pension Plan and the Cash Balance Plan as of December 31, 2011, with the exception of a certain limited number of Basic Pension Plan participants who will still accrue benefits over a five-year sunset period. Also effective December 31, 2011, the Cash Balance Plan was closed to new participants (the Basic Pension Plan was previously closed to new participants in 2006). As of January 1, 2012, the Company instituted a new service-based contribution, supplemental to the existing Company match for employees, into the defined contribution retirement plan offerings.

The following table sets forth the aggregated net periodic benefit cost for all pension plans for the first quarter ended March 31, 2012 and April 2, 2011, respectively:

(In millions)	Pension Benefits						Other Benefits
	First Quarter Ended						First Quarter Ended
	March 31, 2012			April 2, 2011			March 31, 2012		April 2, 2011
Service cost	$	0.4		$	0.9		$	—	$	—
Interest cost	2.1			2.6			0.1		0.2
Expected return on assets	(2.6		)	(3.2		)	—		—
Amortization of transition obligation	—			—			—		0.1
Prior service cost	—			—			0.1		—
Loss	0.5			1.0			—		—
Total net periodic benefit cost	$	0.4		$	1.3		$	0.2	$	0.3

In the first quarter ended March 31, 2012, the Company made contributions to the funded plans of $0.9 million. The amount of contributions to be made to the plans during calendar year 2012 will be finalized September 15, 2012 based upon the plans' year-end valuation at December 31, 2011 and the funding level required for the plan year ended December 31, 2011.