Employee Benefit Plans

9 Months Ended

Sep. 30, 2012

Employee Benefit Plans

NOTE K - Employee Benefit Plans

The Company has several defined benefit pension plans, which cover a majority of its employees. The following information details the components of net pension expense for the Company’s defined benefit plans:

	Three Months  Ended September 30						Nine Months  Ended September 30
	2012			2011			2012			2011
Service cost	$	16.0		$	11.9		$	48.0		$	34.6
Interest on projected benefit obligation		20.3			21.0			61.0			61.8
Expected return on assets		(27.6	)		(26.5	)		(82.8	)		(79.1	)
Amortization of prior service costs		.3			.3			1.1			1.0
Recognized actuarial loss		10.8			4.5			32.4			17.7
Net pension expense	$	19.8		$	11.2		$	59.7		$	36.0

During the three and nine months ended September 30, 2012, the Company contributed $8.3 and $93.7 to its pension plans, respectively, and $6.1 and $12.9 for the three and nine months ended September 30, 2011, respectively.