Pension plans

Signet operates a defined benefit pension plan in the UK (the “UK Plan”) for participating eligible employees of the UK Jewelry division. The components of net periodic pension cost for the UK Plan are as follows:



	13 weeks ended						39 weeks ended
(in millions)	October 31, 2015			November 1, 2014			October 31, 2015			November 1, 2014
Components of net periodic pension benefit (cost):
Service cost	$	(0.7	)	$	(0.6	)	$	(2.0	)	$	(1.8	)
Interest cost	(1.9		)	(2.4		)	(5.8		)	(7.4		)
Expected return on UK Plan assets	2.9			3.7			8.7			11.2
Amortization of unrecognized net prior service credits	0.6			0.4			1.7			1.3
Amortization of unrecognized actuarial losses	(0.9		)	(0.5		)	(2.6		)	(1.5		)
Net periodic pension benefit	$	—		$	0.6		$	—		$	1.8

In the 39 weeks ended October 31, 2015, Signet contributed $2.0 million to the UK Plan and expects to contribute a minimum aggregate of $2.4 million at current exchange rates to the UK Plan in Fiscal 2016. The level of contributions is in accordance with an agreed upon deficit recovery plan and based on the results of the actuarial valuation as of April 5, 2012.