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Benefits
6 Months Ended
Jun. 30, 2015
General Discussion of Pension and Other Postretirement Benefits [Abstract]  
BENEFITS
BENEFITS

The components of our net periodic pension and Other Post-Retirement Employee Benefits (OPEB) costs for the three and six months ended June 30 were as follows:

 
 
Pension Costs
 
 
Three Months Ended June 30
 
Six Months Ended June 30
Benefit Plan Cost Components
 
2015
 
2014
 
2015
 
2014
 
 
(Millions of Dollars)
Net Periodic Benefit Cost
 
 
 
 
 
 
 
 
Service cost
 
$
3.9

 
$
2.3

 
$
7.8

 
$
5.0

Interest cost
 
15.1

 
17.0

 
30.3

 
34.1

Expected return on plan assets
 
(25.6
)
 
(24.6
)
 
(51.4
)
 
(49.3
)
Amortization of:
 
 
 
 
 
 
 
 
Prior service cost
 
0.5

 
0.5

 
1.0

 
1.0

Actuarial loss
 
11.4

 
9.3

 
23.0

 
18.4

Net Periodic Benefit Cost
 
$
5.3

 
$
4.5

 
$
10.7

 
$
9.2

 
 
OPEB Costs
 
 
Three Months Ended June 30
 
Six Months Ended June 30
Benefit Plan Cost Components
 
2015
 
2014
 
2015
 
2014
 
 
(Millions of Dollars)
Net Periodic Benefit Cost
 
 
 
 
 
 
 
 
Service cost
 
$
2.1

 
$
2.1

 
$
4.7

 
$
4.3

Interest cost
 
3.9

 
4.4

 
8.1

 
8.9

Expected return on plan assets
 
(5.9
)
 
(6.0
)
 
(11.8
)
 
(11.9
)
Amortization of:
 
 
 
 
 
 
 
 
Transition obligation
 

 

 

 

Prior service (credit)
 
(0.3
)
 
(0.4
)
 
(0.6
)
 
(0.9
)
Actuarial loss
 
0.5

 
0.4

 
1.0

 
0.6

Net Periodic Benefit Cost
 
$
0.3

 
$
0.5

 
$
1.4

 
$
1.0

 
 
 
 
 
 
 
 
 


We contributed $100.0 million to our qualified pension plan during the first six months of 2015. No such contribution was made during the first six months of 2014.

Postemployment Benefits:   Postemployment benefits provided to former or inactive employees are recognized when an event occurs. The estimated liability for such benefits was $7.0 million as of June 30, 2015 and $3.3 million as of December 31, 2014.