XML 60 R17.htm IDEA: XBRL DOCUMENT v2.4.0.8
Employee Benefit Plans
9 Months Ended
Sep. 30, 2014
Compensation And Retirement Disclosure [Abstract]  
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
September 30,

 

 

Nine months ended
September 30,

 

2013

 

 

2014

 

 

 

2013

 

 

 

2014

 

 

(In millions)

Service cost

$

3.2

 

 

$

2.5

  

 

$

9.7

 

 

$

7.6

 

Interest cost

 

6.0

 

 

 

6.3

  

 

 

17.9

 

 

 

19.0

 

Expected return on plan assets

 

(5.8

 

 

(6.2

)

 

 

(17.8

 

 

(18.7

)

Amortization of unrecognized:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prior service cost

 

.4

  

 

 

.2

  

 

 

1.2

  

 

 

.6

 

Net transition obligations

 

.1

  

 

 

  

 

 

.3

  

 

 

 

Recognized actuarial losses

 

3.4

  

 

 

2.8

  

 

 

10.2

  

 

 

8.4

 

Total

$

7.3

  

 

$

5.6

  

 

$

21.5

  

 

$

16.9

 

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

 

 

Three months ended
September 30,

 

 

Nine months ended
September 30,

 

2013

 

 

2014

 

 

 

2013

 

 

 

2014

 

 

(In millions)

 

Service cost

$

.1

  

 

$

 

 

$

.3

  

 

$

.1

 

Interest cost

 

.3

  

 

 

.2

 

 

 

.5

  

 

 

.5

 

Amortization of prior service credit

 

(.5

 

 

(.5

)

 

 

(1.4

 

 

(1.6

)

Recognized actuarial gains

 

 

 

 

 

 

 

.1

 

 

 

(.1

)

Total

$

(.1

 

$

(.3

)

 

$

(.5

 

$

(1.1

)

Contributions – We expect to contribute the equivalent of $27.4 million and $1.5 million, respectively, to all of our defined benefit pension plans and other postretirement benefit plans during 2014.