Employee Benefit Plans

6 Months Ended

Jul. 03, 2015

Compensation and Retirement Disclosure [Abstract]

Employee Benefit Plans

Employee Benefit Plans

The Company provides retirement benefits through contributory and noncontributory qualified and non-qualified defined benefit pension plans covering eligible domestic and international employees as well as through defined contribution plans and other postretirement benefits.

The components of net periodic benefit cost for pension benefits were as follows (in millions):

	Three Fiscal Months Ended
	July 3, 2015						June 27, 2014
	U.S. Plans			Non-U.S. Plans			U.S. Plans			Non-U.S. Plans
Service cost	$	0.4		$	1.5		$	0.5		$	1.4
Interest cost	1.8			1.1			2.0			1.6
Expected return on plan assets	(2.6		)	(0.7		)	(2.6		)	(0.8		)
Amortization of prior service cost	—			0.2			0.1			0.3
Amortization of net loss	1.9			0.7			1.2			0.1
Settlement loss	—			—			—			4.5
Net pension expense	$	1.5		$	2.8		$	1.2		$	7.1

	Six Fiscal Months Ended
	July 3, 2015						June 27, 2014
	U.S. Plans			Non-U.S. Plans			U.S. Plans			Non-U.S. Plans
Service cost	$	0.8		$	3.0		$	1.0		$	2.8
Interest cost	3.6			2.2			4.0			3.3
Expected return on plan assets	(5.2		)	(1.4		)	(5.3		)	(1.6		)
Amortization of prior service cost	—			0.4			0.1			0.6
Amortization of net loss	3.8			1.4			2.4			0.2
Settlement loss	—			0.9			—			4.5
Net pension expense	$	3.0		$	6.5		$	2.2		$	9.8

The estimated net loss for the defined benefit pension plans that will be amortized from accumulated other comprehensive income into net pension expense in 2015 is $10.5 million. The prior service cost to be amortized from accumulated other comprehensive income into net pension expense over the next fiscal year is immaterial.

Defined benefit pension plan cash contributions for the three fiscal months ended July 3, 2015 and June 27, 2014 were $3.0 million and $3.3 million, respectively. Defined benefit pension plan cash contributions for the six fiscal months ended July 3, 2015 and June 27, 2014 were $6.0 million and $6.6 million, respectively.

Refer to Note 4 - Restructuring for charges for contractual termination benefits under ASC 712 - Compensation - Nonretirement Postemployment Benefits.