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Retirement Benefit Plans
 6 Months Ended
Jun. 30, 2011
Retirement Benefit Plans [Abstract]  
Pension and Other Postretirement Benefits Disclosure [Text Block]
Retirement Benefit Plans


The Company maintains various defined benefit pension plans that provide benefits based on years of service and average compensation during certain periods. The Company's policy is to make contributions to fund these plans within the range allowed by applicable regulations. Plan assets consist primarily of publicly traded stocks and government and corporate bonds.
Pension benefits are frozen for all employees other than certain NACoal unconsolidated mines' employees and NMHG employees in the United Kingdom and the Netherlands. All other eligible employees of the Company, including employees whose pension benefits are frozen, receive retirement benefits under defined contribution retirement plans.


The Company also maintains health care and life insurance plans that provide benefits to a limited number of eligible retired employees. These plans have no assets. Under the Company's current policy, plan benefits are funded at the time they are due to participants.


The components of pension and postretirement (income) expense are set forth below:
 
THREE MONTHS ENDED
 
SIX MONTHS ENDED
 
JUNE 30
 
JUNE 30
 
2011
 
2010
 
2011
 
2010
U.S. Pension
 
 
 
 
 
 
 
Service cost
$
—


 
$
—


 
$
—


 
$
—


Interest cost
1.9


 
1.9


 
3.7


 
4.0


Expected return on plan assets
(2.5
)
 
(2.1
)
 
(4.8
)
 
(4.3
)
Amortization of actuarial loss
1.5


 
1.2


 
2.8


 
2.4


Amortization of prior service credit
(0.1
)
 
(0.1
)
 
(0.2
)
 
(0.2
)
Total
$
0.8


 
$
0.9


 
$
1.5


 
$
1.9


Non-U.S. Pension
 
 
 
 
 
 
 
Service cost
$
0.6


 
$
0.4


 
$
1.1


 
$
0.8


Interest cost
1.9


 
1.7


 
3.8


 
3.5


Expected return on plan assets
(2.4
)
 
(2.1
)
 
(4.8
)
 
(4.3
)
Amortization of actuarial loss
1.0


 
0.7


 
2.0


 
1.5


Amortization of prior service credit
(0.1
)
 
—


 
(0.1
)
 
—


Amortization of transition liability
0.1


 
—


 
0.1


 
—


Total
$
1.1


 
$
0.7


 
$
2.1


 
$
1.5


Postretirement
 
 
 
 
 
 
 
Service cost
$
0.1


 
$
0.1


 
$
0.1


 
$
0.1


Interest cost
0.1


 
0.1


 
0.2


 
0.2


Amortization of prior service credit
(0.1
)
 
(0.3
)
 
(0.1
)
 
(0.3
)
Plan amendments
—


 
(0.7
)
 
—


 
(0.7
)
Total
$
0.1


 
$
(0.8
)
 
$
0.2


 
$
(0.7
)