EMPLOYEE BENEFIT PLANS

9 Months Ended

Sep. 28, 2013

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS

(9) EMPLOYEE BENEFIT PLANS

Net periodic benefit expense for our pension and postretirement plans includes the following components:

Domestic Pension Plans

	Three months ended						Nine months ended
	September 28,			September 29,			September 28,			September 29,
	2013			2012			2013			2012
Service cost	$	1.9		$	2.9		$	5.6		$	7.6
Interest cost	12.0			13.6			36.0			40.6
Expected return on plan assets	(18.8		)	(15.7		)	(56.3		)	(47.5		)
Amortization of unrecognized losses	9.0			7.6			27.0			21.3
Amortization of unrecognized prior service credits	—			(0.2		)	—			(0.4		)
Curtailment loss	—			—			—			0.1
Net periodic pension benefit expense	$	4.1		$	8.2		$	12.3		$	21.7

Foreign Pension Plans

	Three months ended						Nine months ended
	September 28,			September 29,			September 28,			September 29,
	2013			2012			2013			2012
Service cost	$	0.6		$	0.7		$	2.0		$	2.0
Interest cost	3.4			3.6			10.0			10.8
Expected return on plan assets	(4.4		)	(4.2		)	(13.1		)	(12.4		)
Amortization of unrecognized losses	0.7			0.4			2.0			1.1
Total net periodic pension benefit expense	0.3			0.5			0.9			1.5
Less: Net periodic pension benefit expense of discontinued operations	(0.2		)	(0.3		)	(0.6		)	(0.9		)
Net periodic pension benefit expense of continuing operations	$	0.1		$	0.2		$	0.3		$	0.6

Postretirement Plans

	Three months ended						Nine months ended
	September 28,			September 29,			September 28,			September 29,
	2013			2012			2013			2012
Service cost	$	0.1		$	0.1		$	0.3		$	0.3
Interest cost	1.2			1.7			3.6			4.6
Amortization of unrecognized losses	1.1			0.8			3.1			2.7
Amortization of unrecognized prior service credits	(0.4		)	(0.3		)	(1.0		)	(1.0		)
Net periodic postretirement benefit expense	$	2.0		$	2.3		$	6.0		$	6.6

Employer Contributions

During the first nine months of 2013, we made contributions to our domestic and foreign pension plans of approximately $293.0, including a $250.0 discretionary contribution to a domestic qualified pension plan. This discretionary contribution will result in a reduction of our annual pension expense for 2013 of $12.5, including $9.4 in the first nine months of 2013. Of our 2013 contributions, $1.8 related to businesses that have been disposed of and classified as discontinued operations.