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Pension and Other Benefits
3 Months Ended
Mar. 31, 2013
Pension And Other Postretirement Benefit Disclosure [Abstract]  
Pension And Other Postretirement Benefits Disclosure [Text Block]

Note 10 Pension and Other Benefits

 

The following table sets forth the components of net pension and other benefit costs for the three months ended March 31, 2013 and 2012 (in millions):

 

  Pension Benefits Other Benefits
  2013 2012 2013 2012
             
Three Months Ended March 31           
Service cost$ 4.0 $ 4.2 $ - $ -
Interest cost  9.1   9.0   0.2   0.3
Expected return on plan assets (11.7)  (10.0)   -   -
Amortization of prior service cost  -   0.1   (0.2)   -
Amortization of actuarial losses/(gains)  3.6   4.2   -   (0.2)
Net periodic benefit cost$ 5.0 $ 7.5 $ - $ 0.1

Employer Contributions

 

The Company anticipates making required contributions of approximately $3.3 million to its foreign pension plans during 2013, of which $0.7 million has been contributed through March 31, 2013. The Company is not required under the Pension Protection Act of 2006 to make any contributions to its qualified domestic benefit pension plans during 2013.