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EMPLOYEE BENEFIT PLANS (Tables)
12 Months Ended
Dec. 31, 2012
EMPLOYEE BENEFIT PLANS [Abstract]  
Obligations and Funded Status
Obligations and Funded Status

Year Ended December 31,
 
2012
 
 
2011
 
(In millions)
 
 
 
 
 
Change in benefit obligation
 
 
 
 
Benefit obligation, beginning of year
 
$
56.8
 
 
$
48.1
 
Interest cost
 
 
2.5
 
 
 
2.7
 
Actuarial loss - effect of assumption changes
 
 
5.6
 
 
 
9.9
 
Settlements
 
 
-
 
 
 
(2.4
)
    Benefits paid
 
 
(2.7
)
 
 
(1.5
)
Benefit obligation, end of year
 
 
62.2
 
 
 
56.8
 
 
Change in plan assets
 
 
 
 
 
 
 
 
Fair value of plan assets, beginning of year
 
 
35.0
 
 
 
35.6
 
Actual return on plan assets
 
 
5.3
 
 
 
(1.9
)
Employer contribution
 
 
4.4
 
 
 
5.2
 
Settlements
 
 
-
 
 
 
(2.4
)
Benefits paid
 
 
(2.7
)
 
 
(1.5
)
Fair value of plan assets, end of year
 
 
42.0
 
 
 
35.0
 
 
Underfunded status at end of year
 
$
20.2
 
 
$
21.8
 
Amounts Recognized On the Balance Sheet
Amounts Recognized on the Balance Sheet

December 31,
 
2012
 
 
2011
 
(In millions)
 
 
 
 
 
Noncurrent liabilities
 
$
20.2
 
 
$
21.8
 
Amounts Recognized in Accumulated Other Comprehensive Income (Loss)
Amounts Recognized in Accumulated Other Comprehensive Loss

December 31,
 
2012
 
 
2011
 
(In millions)
 
 
 
 
 
Net loss
 
$
38.2
 
 
$
37.3
 
Information for Pension Plans with an Accumulated Benefit Obligation in Excess of Plan Assets
Information for Pension Plans with an Accumulated Benefit Obligation in Excess of Plan Assets

December 31,
 
2012
 
 
2011
 
(In millions)
 
 
 
 
 
Projected benefit obligation
 
$
62.2
 
 
$
56.8
 
Accumulated benefit obligation
 
 
62.2
 
 
 
56.8
 
Fair value of plan assets
 
 
42.0
 
 
 
35.0
 
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 in Other Comprehensive Income or Loss

Year Ended December 31,
 
2012
 
 
2011
 
(In millions)
 
 
 
 
 
Net Periodic Benefit Cost:
 
 
 
 
Interest cost
 
$
2.5
 
 
$
2.7
 
Expected return on plan assets
 
 
(2.6
)
 
 
(2.6
)
Settlement costs
 
 
-
 
 
 
1.9
 
Amortization of net loss
 
 
2.1
 
 
 
1.6
 
Total net periodic benefit cost
 
 
2.0
 
 
 
3.6
 
 
Other Changes in Plan Assets and Benefit Obligations
 
 
 
 
 
 
 
 
Recognized in Other Comprehensive Loss:
 
 
 
 
 
 
 
 
Net loss
 
 
2.9
 
 
 
14.4
 
Recognition due to settlement
 
 
-
 
 
 
(1.9
)
Amortization of net loss
 
 
(2.1
)
 
 
(1.6
)
Total recognized in other comprehensive loss
 
 
0.8
 
 
 
10.9
 
 
Total recognized in net periodic benefit cost and other comprehensive loss
 
$
2.8
 
 
$
14.5
 
Assumptions
Assumptions

 
 
2012
 
 
2011
 
Weighted-average assumptions used to determine:
 
 
 
 
Benefit obligations at December 31
 
 
 
 
Discount rate
 
 
3.9
%
 
 
4.6
%
Expected long-term return on plan assets
 
 
7.0
%
 
 
7.0
%
Net periodic benefit cost for year ended December 31
 
 
 
 
 
 
 
 
Discount rate
 
 
4.6
%
 
 
5.6
%
Expected long-term return on plan assets
 
 
7.0
%
 
 
7.0
%
Estimated Future Benefit Payments
Estimated Future Benefit Payments

Year Ending December 31,
 
 
(In millions)
 
 
 
2013
 
$
2.1
 
2014
 
 
2.2
 
2015
 
 
2.3
 
2016
 
 
2.3
 
2017
 
 
2.5
 
2018 through 2022
 
 
15.8
 
 
 
$
27.2
 
Fair Values of Pension Plan Assets
The fair values of our pension plan assets at December 31, 2012 and 2011 by asset class are presented in the following table.  All fair values are either based on quoted prices in active markets for identical assets (Level 1 in the fair value hierarchy) or derived from cash flows and interest rates (Level 2).

(In millions)
 
2012
 
 
2011
 
 
 
Level 1
 
 
Level 2
 
 
Total
 
 
Level 1
 
 
Level 2
 
 
Total
 
 
Asset Class
 
 
 
 
 
 
 
 
 
 
 
 
Cash and equivalents
 
$
3.5
 
 
$
-
 
 
$
3.5
 
 
$
2.5
 
 
$
-
 
 
$
2.5
 
Equity securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
U.S. companies (a)
 
 
16.4
 
 
 
-
 
 
 
16.4
 
 
 
12.4
 
 
 
-
 
 
 
12.4
 
International companies (b)
 
 
5.6
 
 
 
-
 
 
 
5.6
 
 
 
7.1
 
 
 
-
 
 
 
7.1
 
Real Estate (c)
 
 
2.3
 
 
 
-
 
 
 
2.3
 
 
 
0.6
 
 
 
-
 
 
 
0.6
 
Fixed income (d)
 
 
5.0
 
 
 
9.2
 
 
 
14.2
 
 
 
3.5
 
 
 
8.9
 
 
 
12.4
 
Total
 
$
32.8
 
 
$
9.2
 
 
$
42.0
 
 
$
26.1
 
 
$
8.9
 
 
$
35.0
 

(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.