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Pension and Postretirement Benefits (Tables)
3 Months Ended
Mar. 31, 2016
Pension Plans  
Components of Net Periodic Benefit Expense

Net periodic pension expense for the three months ended March 31, 2016 and 2015 is presented below (in millions of dollars):

 

     Three Months
Ended March 31, 2016
    Three Months
Ended March 31, 2015
 
     Total     U.S.
Plans
    Int’l.
Plans
    Total     U.S.
Plans
    Int’l.
Plans
 

Service cost

   $ 1.8      $ —        $ 1.8      $ 2.2      $ —        $ 2.2   

Interest cost

     80.5        57.6        22.9        79.9        56.1        23.8   

Expected return on plan assets

     (99.4     (63.4     (36.0     (102.7     (63.7     (39.0

Amortization of prior service (benefit) cost

     (1.4     (.6     (.8     (1.1     (.6     (.5

Recognized net actuarial loss

     38.8        28.7        10.1        49.6        33.7        15.9   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net periodic pension expense

   $ 20.3      $ 22.3      $ (2.0   $ 27.9      $ 25.5      $ 2.4   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
Other Postretirement Benefit Plans  
Components of Net Periodic Benefit Expense

Net periodic postretirement benefit expense for the three months ended March 31, 2016 and 2015 is presented below (in millions of dollars):

 

     Three Months Ended March 31,  
     2016      2015  

Service cost

   $ .1       $ .1   

Interest cost

     1.6         1.7   

Expected return on assets

     (.1      (.1

Recognized net actuarial loss

     .3         .7   

Amortization of prior service cost

     —           .3   
  

 

 

    

 

 

 

Net periodic postretirement benefit expense

   $ 1.9       $ 2.7