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EMPLOYEE BENEFIT PLANS (Tables)
12 Months Ended
Dec. 31, 2011
Obligations and Funded Status

Obligations and Funded Status

Year Ended December 31,   2011     2010  
(In millions)            
         
Change in benefit obligation            
    Benefit obligation, beginning of year $ 48.1   $ 43.8  
    Interest cost   2.7     2.7  
    Actuarial loss - effect of assumption changes   9.9     5.0  
    Settlements   (2.4 )   -  
    Benefits paid   (1.5 )   (3.4 )
    Benefit obligation, end of year   56.8     48.1  
Change in plan assets            
    Fair value of plan assets, beginning of year   35.6     28.3  
    Actual return on plan assets   (1.9 )   3.0  
    Employer contribution   5.2     7.7  
    Settlements   (2.4 )   -  
    Benefits paid   (1.5 )   (3.4 )
    Fair value of plan assets, end of year   35.0     35.6  
Underfunded status at end of year $ 21.8   $ 12.5  
Amounts Recognized On the Balance Sheet

Amounts Recognized on the Balance Sheet

December 31,   2011     2010  
(In millions)            
         
Noncurrent liabilities $ 21.8   $ 12.5  
Amounts Recognized in Accumulated Other Comprehensive Income (Loss)

Amounts Recognized in Accumulated Other Comprehensive Loss

December 31,   2011     2010  
(In millions)            
         
Net loss $ 37.3   $ 26.4  
Information for Pension Plans with an Accumulated Benefit Obligation in Excess of Plan Assets

Information for Pension Plans with an Accumulated Benefit Obligation inExcess of Plan Assets

December 31,   2011     2010  
(In millions)            
         
Projected benefit obligation $ 56.8   $ 48.1  
Accumulated benefit obligation   56.8     48.1  
Fair value of plan assets   35.0     35.6  
Market related value of plan assets   35.0     35.6  
Components of Net Periodic Benefit Cost and Other Amounts Recognized in Other Comprehensive Income or Loss

Components of Net Periodic Benefit Cost and Other Amounts Recognized inOther Comprehensive Income or Loss

Year Ended December 31,   2011     2010  
(In millions)            
         
Net Periodic Benefit Cost:        
   Interest cost $ 2.7   $ 2.7  
   Expected return on plan assets   (2.6 )   (2.2 )
   Settlement costs   1.9     -  
   Amortization of net loss   1.6     1.7  
  Total net periodic benefit cost   3.6     2.2  
Other Changes in Plan Assets and Benefit Obligations            
   Recognized in Other Comprehensive Income or Loss:            
      Net loss   14.4     4.2  
      Recognition due to settlement   (1.9   -  
      Amortization of net loss   (1.6 )   (1.7 )
    10.9     2.5  
Total recognized in net periodic benefit cost and other comprehensive income or loss $ 14.5   $ 4.7  

        The estimated net loss that will be amortized from accumulated other comprehensive income into net periodic benefit cost in 2012 is $2.2 million.

Assumptions

Assumptions

2011 2010
Weighted-average assumptions used to determine:    
    Benefit obligations at December 31
        Discount rate 4.6% 5.6%
        Expected long-term return on plan assets 7.0% 7.0%
    Net periodic benefit cost for year ended December 31    
        Discount rate 5.6% 6.1%
        Expected long-term return on plan assets 7.0% 7.9%
Estimated Future Benefit Payments

Estimated Future Benefit Payments

Year Ending December 31,  
(In millions)    
   
2012 $ 2.0
2013   2.2
2014   2.2
2015   2.4
2016   2.4
2017 through 2021   15.5
$ 26.7
Fair Values of Pension Plan Assets

        The fair values of our pension plan assets at December 31, 2011 and 2010 by asset class are presented in the following table. All fair values are based on quoted prices in active markets for identical assets (Level 1 in the fair value hierarchy).

(In millions)   2011     2010
Asset Class          
Cash and equivalents $ 2.5   $ 2.7
Equity securities:          
   U.S. companies (a)   14.6     13.3
   International companies (b)   4.9     7.0
   Real estate (c)   0.6     1.4
Fixed income (d)   12.4     11.2
Total $ 35.0   $ 35.6
(a) This class consists of both index and actively managed mutual funds that invest in large and mid-cap U.S. common stocks.
(b) This class consists of both index and actively managed mutual funds that invest in large and emerging market international common stocks.
(c) This class consists of actively managed mutual funds that invest in real estate investment trusts.
(d) This class consists of managed mutual funds that invest in high-grade corporate, government and mortgage backed securities.