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EMPLOYEE BENEFIT PLANS
9 Months Ended
Sep. 27, 2014
Compensation and Retirement Disclosure [Abstract]  
EMPLOYEE BENEFIT PLANS
EMPLOYEE BENEFIT PLANS
Defined Benefit Plans - As of September 27, 2014, the Company maintained two domestic pension plans and three German pension plans. The Company used a December 28, 2013 measurement date for these plans.

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

The following table sets forth the aggregated net periodic benefit cost for all pension plans for the third quarters and nine months ended September 27, 2014 and September 28, 2013, respectively:
(In millions)
Pension Benefits
 
Third Quarter Ended
 
Nine Months Ended
 
September 27, 2014
 
September 28, 2013
 
September 27, 2014
 
September 28, 2013
Service cost
$
0.3

 
$
0.5

 
$
1.0

 
$
1.5

Interest cost
2.1

 
2.2

 
6.2

 
6.0

Expected return on assets
(2.7
)
 
(3.0
)
 
(7.9
)
 
(8.0
)
Amortization of prior service cost

 

 

 

Amortization of loss
0.7

 
1.0

 
1.9

 
2.7

Net periodic benefit cost
$
0.4

 
$
0.7

 
$
1.2

 
$
2.2

Settlement cost
0.3

 

 
0.7

 

Total net periodic benefit cost
$
0.7

 
$
0.7

 
$
1.9

 
$
2.2

 
 
 
 
 
 
 
 

In the nine months ended September 27, 2014, the Company made contributions of $5.4 million to the funded plans. The amount of contributions to be made to the plans during the calendar year 2014 was finalized September 15, 2014, based upon the plan's year-end valuation at December 28, 2013, and the funding level required for the plan year ended December 28, 2013.

The following table sets forth the aggregated net periodic benefit cost for the postretirement benefit plan for the third quarters and nine months ended September 27, 2014 and September 28, 2013, respectively:
 
Other Benefits
 
Third Quarter Ended
 
Nine Months Ended
 
September 27, 2014
 
September 28, 2013
 
September 27, 2014
 
September 28, 2013
Service cost
$

 
$

 
$
0.1

 
$
0.1

Interest cost
0.2

 
0.2

 
0.4

 
0.4

Expected return on assets

 

 

 

Amortization of prior service cost
0.1

 
0.1

 
0.3

 
0.3

Amortization of loss

 
0.1

 

 
0.2

Net periodic benefit cost
$
0.3

 
$
0.4

 
$
0.8

 
$
1.0

Settlement cost

 

 

 

Total net periodic benefit cost
$
0.3

 
$
0.4

 
$
0.8

 
$
1.0