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POST RETIREMENT PLANS
 6 Months Ended
Jul. 01, 2017
Pension and Other Postretirement Benefits Cost (Reversal of Cost) [Abstract]  
POST RETIREMENT PLANS
POST RETIREMENT PLANS
The Company’s net periodic benefit cost was comprised of the following components (in millions):
 
 
Three Months Ended
 
Six Months Ended
 
July 1,
2017
 
July 2,
2016
 
July 1,
2017
 
July 2,
2016
Service Cost
$
1.8

 
$
2.0

 
$
3.6

 
$
4.1

Interest Cost
2.4

 
2.7

 
4.8

 
5.1

Expected Return on Plan Assets
(2.8
)
 
(2.9
)
 
(5.6
)
 
(5.9
)
Amortization of Prior Service Cost and Net Actuarial Loss
0.6

 
1.0

 
1.2

 
1.9

Net Periodic Benefit Cost
$
2.0

 
$
2.8

 
$
4.0

 
$
5.2



The estimated net actuarial loss and prior service cost for post retirement plans that will be amortized from AOCI into net periodic benefit cost during the 2017 fiscal year is $2.2 million and $0.2 million, respectively.
For the three months ended July 1, 2017 and July 2, 2016, the Company contributed $1.4 million and $1.1 million, respectively, to post retirement plans. For the six months ended July 1, 2017 and July 2, 2016, the Company contributed $2.2 million and $2.2 million, respectively, to post retirement plans. The Company expects to make total contributions of $4.4 million in 2017. The Company contributed a total of $10.4 million in fiscal 2016. The assumptions used in the valuation of the Company’s post retirement plans and in the target investment allocation have remained the same as those disclosed in the Company’s 2016 Annual Report on Form 10-K filed on March 1, 2017.