Pension and Other Post-Retirement Benefits

9 Months Ended

Sep. 30, 2012

Pension and Other Post-Retirement Benefits

NOTE 9.         Pension and Other Post-Retirement Benefits

The components of pension and other post-retirement benefit costs for the three months ended September 30, 2012 and 2011, were as follows (in millions):

	2012 Pension Benefits			2011 Pension Benefits			2012 Retiree Health and Life		2011 Retiree Health and Life
Service cost	$	1.5		$	1.4		$	0.1	$	0.1
Interest cost		4.9			5.2			0.5		0.6
Expected return on plan assets		(7.4	)		(8.4	)		—		—
Amortization of:
Unrecognized prior service credit		(0.3	)		(0.3	)		—		—
Unrecognized net actuarial loss (gains)		2.5			1.8			—		(0.1	)
Net costs (a)	$	1.2		$	(0.3	)	$	0.6	$	0.6

The components of pension and other post-retirement benefit costs for the nine months ended September 30, 2012 and 2011, were as follows (in millions):

	2012 Pension Benefits			2011 Pension Benefits			2012 Retiree Health and Life			2011 Retiree Health and Life
Service cost	$	4.5		$	4.1		$	0.2		$	0.2
Interest cost		14.8			15.6			1.5			1.7
Expected return on plan assets		(22.2	)		(25.0	)		—			—
Amortization of:
Unrecognized prior service credit		(0.8	)		(0.8	)		(0.1	)		(0.1	)
Unrecognized net actuarial loss (gain)		7.5			5.4			(0.1	)		(0.2	)
Net costs (a)	$	3.8		$	(0.7	)	$	1.5		$	1.6

(a) The amounts reported herein are based on estimated annual costs. Actual annual costs for the year ending December 31, 2012, may differ from these estimates.