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EMPLOYEE BENEFIT PLANS (Tables)
6 Months Ended
Jun. 30, 2011
EMPLOYEE BENEFIT PLANS  
Components of net periodic benefit cost

 

 

 

Pension Benefits

 

Other Postretirement Benefits

 

Millions of dollars

 

2011

 

2010

 

2011

 

2010

 

Three months ended June 30,

 

 

 

 

 

 

 

 

 

Service cost

 

$

4.6

 

$

4.8

 

$

1.1

 

$

1.1

 

Interest cost

 

11.1

 

11.9

 

3.0

 

3.2

 

Expected return on assets

 

(16.2

)

(16.5

)

-

 

-

 

Prior service cost amortization

 

1.8

 

1.8

 

0.3

 

0.2

 

Transition obligation amortization

 

-

 

-

 

0.2

 

0.1

 

Amortization of actuarial loss

 

3.0

 

4.3

 

0.1

 

0.1

 

Net periodic benefit cost

 

$

4.3

 

$

6.3

 

$

4.7

 

$

4.7

 

 

 

 

 

 

 

 

 

 

 

Six months ended June 30,

 

 

 

 

 

 

 

 

 

Service cost

 

$

9.2

 

$

9.5

 

$

2.2

 

$

2.2

 

Interest cost

 

22.2

 

23.7

 

6.0

 

6.2

 

Expected return on assets

 

(32.4

)

(32.9

)

-

 

-

 

Prior service cost amortization

 

3.6

 

3.7

 

0.6

 

0.5

 

Transition obligation amortization

 

-

 

-

 

0.4

 

0.3

 

Amortization of actuarial loss

 

6.0

 

8.6

 

0.2

 

0.2

 

Net periodic benefit cost

 

$

8.6

 

$

12.6

 

$

9.4

 

$

9.4