Retirement Plans and Postretirement Health Care and Life Insurance Benefits

15 Months Ended

Jan. 31, 2012

Retirement Plans and Postretirement Health Care and Life Insurance Benefits [Abstract]

RETIREMENT PLANS AND POSTRETIREMENT HEALTH CARE AND LIFE INSURANCE BENEFITS

NOTE 13 — RETIREMENT PLANS AND POSTRETIREMENT HEALTH CARE AND LIFE INSURANCE BENEFITS

The components of net periodic pension cost include the following (Dollars in millions):

		September 30,			September 30,
	Three months ended
	January 31
	2012			2011
Service cost	$	3.4		$	3.1
Interest cost		7.4			7.4
Expected return on plan assets		(8.5	)		(9.1	)
Amortization of prior service cost, initial net asset and net actuarial gain		3.2			2.5
Net periodic pension costs	$	5.5		$	3.9

The Company made $3.6 million in pension contributions in the three months ending January 31, 2012. The Company estimates $26.0 million of pension contributions for the entire 2012 fiscal year.

The components of net periodic cost for postretirement benefits include the following (Dollars in millions):

		September 30,			September 30,
	Three months ended
	January 31
	2012			2011
Service cost	$	—		$	—
Interest cost		0.3			0.3
Amortization of prior service cost and recognized actuarial gain		(0.4	)		(0.4	)
Net periodic cost for postretirement benefits	$	(0.1	)	$	(0.1	)