Pensions And Other Benefit Programs

6 Months Ended

Jun. 30, 2012

Pensions And Other Benefit Programs [Abstract]

Pensions And Other Benefit Programs

NOTE 12.PENSIONS AND OTHER BENEFIT PROGRAMS

Following are the components of net periodic benefit costs (credits):

	Three Months Ended		Six Months Ended
	June 30,		June 30,
	2012	2011	2012	2011
U.S. defined-benefit plans:
Pension benefits
Service cost of benefits earned during the period	$4.0	$3.9	$7.9	$7.8
Interest cost on projected benefit obligation	22.6	23.1	45.3	46.1
Expected return on plan assets	(35.0)	(38.1)	(70.0)	(76.2)
Amortization of prior service cost	0.4	0.4	0.9	0.9
Amortization of net actuarial loss	5.9	4.8	11.7	9.6
Net periodic pension (credit)	($2.1)	($5.9)	($4.2)	($11.8)
Retiree health and life insurance benefits
Service cost of benefits earned during the period	$0.3	$0.6	$0.6	$1.2
Interest cost on projected benefit obligation	3.1	3.6	5.5	7.2
Amortization of prior service cost	(0.2)	-	(0.3)	-
Amortization of net actuarial gain	(1.3)	(0.7)	(4.3)	(1.4)
Net periodic postretirement benefit cost	$1.9	$3.5	$1.5	$7.0
Non-U.S. defined-benefit pension plans
Service cost of benefits earned during the period	$0.5	$1.0	$1.0	$1.8
Interest cost on projected benefit obligation	3.9	4.5	7.8	8.9
Expected return on plan assets	(2.6)	(3.3)	(5.1)	(6.6)
Amortization of net actuarial loss	0.4	-	0.7	0.1
Net periodic pension cost	$2.2	$2.2	$4.4	$4.2

We currently estimate that the 2012 net periodic postretirement benefit cost for our U.S. retiree health and life insurance plans will total approximately $5 million.