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EMPLOYEE RETIREMENT PLANS (Tables)
9 Months Ended
Sep. 30, 2015
Defined Benefit Pension Plans And Defined Benefit Postretirement Plans Disclosure [Abstract]  
Schedule of pension and postretirement benefit income including effect of other post retirement benefit

The following tables detail the pension and postretirement benefit income, including the effect of the OPEB remeasurement for the three and nine month periods ended September 30, 2015 and 2014:

 

 

 

Pensions

Three Months Ended September 30,

 

 

OPEB Benefits

Three Months Ended September 30,

 

(In millions)

 

2015

 

 

2014

 

 

2015

 

 

2014

 

Components of net periodic benefit income:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest cost

 

  $

(7.7

)

 

  $

(7.9

)

 

  $

(0.9

)

 

  $

(1.1

)

Service cost

 

 

(1.1

)

 

 

(0.9

)

 

 

(0.2

)

 

 

(0.2

)

Expected return on assets

 

 

11.4

 

 

 

11.8

 

 

 

-

 

 

 

-

 

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prior service credit

 

 

-

 

 

 

-

 

 

 

2.5

 

 

 

2.2

 

Actuarial gain (loss)

 

 

(0.7

)

 

 

0.1

 

 

 

-

 

 

 

-

 

Total net periodic benefit income

 

  $

1.9

 

 

  $

3.1

 

 

  $

1.4

 

 

  $

0.9

 

 

 

 

 

Pensions

Nine Months Ended September 30,

 

 

OPEB Benefits

Nine Months Ended September 30,

 

(In millions)

 

2015

 

 

2014

 

 

2015

 

 

2014

 

Components of net periodic benefit income:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest cost

 

  $

(23.1

)

 

  $

(23.7

)

 

  $

(3.1

)

 

  $

(3.3

)

Service cost

 

 

(3.3

)

 

 

(2.7

)

 

 

(0.6

)

 

 

(0.6

)

Expected return on assets

 

 

34.2

 

 

 

35.4

 

 

 

-

 

 

 

-

 

Amortization of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prior service credit

 

 

-

 

 

 

-

 

 

 

7.1

 

 

 

6.8

 

Actuarial gain (loss)

 

 

(2.1

)

 

 

0.3

 

 

 

-

 

 

 

-

 

Total net periodic benefit income

 

  $

5.7

 

 

  $

9.3

 

 

  $

3.4

 

 

  $

2.9