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Retirement and Other Postretirement Benefit Plans (Tables)
6 Months Ended
Jun. 30, 2014
U.S. Non-qualified Defined Benefit Retirement Plans
 
Retirement and Other Postretirement Benefit Plans  
Schedule of net periodic benefit costs of defined benefit retirement plans

 

 

 

Quarter Ended June 30,

 

Six Months Ended June 30,

 

(In millions)

 

2014

 

2013

 

2014

 

2013

 

U.S. Nonqualified Defined Benefit Retirement Plans

 

 

 

 

 

 

 

 

 

Service cost

 

$

0.2

 

$

0.7

 

$

0.5

 

$

1.4

 

Interest cost

 

0.2

 

0.2

 

0.4

 

0.4

 

Net amortization and deferral

 

1.0

 

0.6

 

1.9

 

1.3

 

Settlement expense

 

1.4

 

 

2.7

 

 

Net periodic benefit cost

 

$

2.8

 

$

1.5

 

$

5.5

 

$

3.1

 

Schedule of amounts recognized on balance sheet

 

 

 

June 30,
2014

 

December 31,
2013

 

Amounts recognized on the balance sheet:

 

 

 

 

 

Accrued liabilities

 

$

25.9

 

$

23.8

 

Other non-current liabilities

 

20.4

 

18.1

 

Total accrued benefit

 

$

46.3

 

$

41.9

 

European Defined Benefit Retirement Plans
 
Retirement and Other Postretirement Benefit Plans  
Schedule of net periodic benefit costs of defined benefit retirement plans

 

 

 

Quarter Ended June 30,

 

Six Months Ended June 30,

 

(In millions)

 

2014

 

2013

 

2014

 

2013

 

European Defined Benefit Retirement Plans

 

 

 

 

 

 

 

 

 

Service cost

 

$

0.2

 

$

0.1

 

$

0.4

 

$

0.3

 

Interest cost

 

1.8

 

1.8

 

3.6

 

3.5

 

Expected return on plan assets

 

(2.4

)

(2.1

)

(4.8

)

(4.1

)

Net amortization and deferral

 

0.2

 

0.3

 

0.3

 

0.6

 

Net periodic (credit) benefit cost

 

$

(0.2

)

$

0.1

 

$

(0.5

)

$

0.3

 

Schedule of amounts recognized on balance sheet

 

 

 

June 30,
2014

 

December 31,
2013

 

Amounts recognized on the balance sheet:

 

 

 

 

 

Noncurrent asset

 

$

7.8

 

$

2.7

 

 

 

 

 

 

 

Accrued liabilities

 

$

1.9

 

$

0.4

 

Other non-current liabilities

 

17.3

 

15.7

 

Total accrued benefit

 

$

19.2

 

$

16.1

 

Postretirement Health Care and Life Insurance Benefit Plans
 
Retirement and Other Postretirement Benefit Plans  
Schedule of amounts recognized on balance sheet

 

 

 

June 30, 2014

 

December 31, 2013

 

Amounts recognized on the balance sheet:

 

 

 

 

 

Accrued liabilities

 

$

0.6

 

$

0.6

 

Other non-current liabilities

 

5.6

 

5.8

 

Total accrued benefit

 

$

6.2

 

$

6.4