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Pensions And Other Benefit Programs
6 Months Ended
Jun. 30, 2013
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,

 

 

2013

 

2012

 

2013

 

2012

U.S. defined-benefit plans:

 

 

 

 

 

 

 

 

Pension benefits

 

 

 

 

 

 

 

 

Service cost of benefits earned during the period

 

$
4.2 

 

$
4.0 

 

$
8.4 

 

$
7.9 

Interest cost on projected benefit obligation

 

20.0 

 

22.6 

 

39.9 

 

45.3 

Expected return on plan assets

 

(34.1)

 

(35.0)

 

(68.2)

 

(70.0)

Amortization of prior service cost

 

0.4 

 

0.4 

 

0.9 

 

0.9 

Amortization of net actuarial loss

 

10.3 

 

5.9 

 

20.5 

 

11.7 

Net periodic pension cost (credit)

 

$
0.8 

 

($2.1)

 

$
1.5 

 

($4.2)

Retiree health and life insurance benefits

 

 

 

 

 

 

 

 

Service cost of benefits earned during the period

 

$
0.3 

 

$
0.3 

 

$
0.6 

 

$
0.6 

Interest cost on projected benefit obligation

 

2.5 

 

3.1 

 

4.9 

 

5.5 

Amortization of prior service credit

 

(0.1)

 

(0.2)

 

(0.3)

 

(0.3)

Amortization of net actuarial gain

 

(1.0)

 

(1.3)

 

(1.9)

 

(4.3)

Net periodic postretirement benefit cost

 

$
1.7 

 

$
1.9 

 

$
3.3 

 

$
1.5 

Non-U.S. defined-benefit pension plans

 

 

 

 

 

 

 

 

Service cost of benefits earned during the period

 

$
0.7 

 

$
0.5 

 

$
1.4 

 

$
1.0 

Interest cost on projected benefit obligation

 

3.3 

 

3.9 

 

6.6 

 

7.8 

Expected return on plan assets

 

(2.4)

 

(2.6)

 

(4.8)

 

(5.1)

Amortization of net actuarial loss

 

0.7 

 

0.4 

 

1.4 

 

0.7 

Net periodic pension cost

 

$
2.3 

 

$
2.2 

 

$
4.6 

 

$
4.4