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Employee Benefit Plans
6 Months Ended
Jun. 30, 2013
Employee Benefit Plans

Note 11 —Employee benefit plans:

Defined benefit plans – The components of our net periodic defined benefit pension cost are presented in the table below.

 

 

Three months ended

June 30,

 

  

Six months ended

June 30,

 

 

2012

 

 

2013

 

  

2012

 

 

2013

 

 

(In millions)

 

Service cost

$

  2.6

  

 

$

  3.2

  

  

$

  5.2

  

 

$

  6.5

  

Interest cost

 

  6.5

  

 

 

  5.8

  

  

 

  12.9

  

 

 

  11.9

 

Expected return on plan assets

 

(5.5

) 

 

 

(5.9

) 

  

 

(11.0

) 

 

 

(12.0

) 

Amortization of unrecognized:

 

 

 

 

 

 

 

  

 

 

 

 

 

 

 

Prior service cost

 

  .4

  

 

 

  .4

  

  

 

  .8

  

 

 

  .8

 

Net transition obligations

 

  .1

  

 

 

  .1

  

  

 

  .2

  

 

 

  .2

 

Actuarial losses

 

  2.3

  

 

 

  3.4

  

  

 

  4.6

 

 

 

  6.8

 

Total

$

  6.4

  

 

$

  7.0

  

  

$

  12.7

  

 

$

  14.2

  

Other postretirement benefits – The components of our net periodic other postretirement benefit cost are presented in the table below.

 

 

Three months ended

June 30,

 

 

Six months ended

June 30,

 

 

2012

 

 

2013

 

 

2012

 

 

2013

 

 

(In millions)

 

 

(In millions)

 

Service cost

$

  

 

$

  .1

  

 

$

  .1

  

 

$

  .2

  

Interest cost

 

  .3

  

 

 

.  1

  

 

 

  .5

  

 

 

  .3

 

Amortization of prior service credit

 

(.4

) 

 

 

(.4

) 

 

 

(.9

) 

 

 

(.9

)

Total

$

(.1

) 

 

$

(.2

) 

 

$

(.3

) 

 

$

(.4

)  

Contributions – We expect to contribute the equivalent of $28.5 million and $1.6 million, respectively, to all of our defined benefit pension plans and other postretirement benefit plans during 2013.