PENSION AND POSTRETIREMENT PLANS (Tables)

12 Months Ended

Dec. 31, 2012

Postemployment Benefits [Abstract]

Schedule Of Pension and Postretirement Plans

The effect on operations for both the Company Plan and the PEP are summarized as follows:

	Year ended December 31,
	2012			2011			2010
Service cost for benefits earned	$	2.4		$	2.6		$	2.6
Interest cost on benefit obligation	14.9			17.1			18.1
Expected return on plan assets	(17.3		)	(18.9		)	(18.5		)
Net amortization and deferral	12.1			7.8			7.4
Curtailment cost	—			—			—
Defined benefit plan costs	$	12.1		$	8.6		$	9.6

Amounts included in accumulated other comprehensive earnings consist of unamortized net loss of $143.0. The accumulated other comprehensive earnings that are expected to be recognized as components of the defined benefit plan costs during 2013 are $10.8 related to amortization of net loss.

A summary of the changes in the projected benefit obligations of the Company Plan and the PEP are summarized as follows:

	2012			2011
Balance at January 1	$	383.2		$	348.2
Service cost	2.4			2.6
Interest cost	14.9			17.1
Actuarial loss	5.8			39.8
Benefits and administrative expenses paid	(25.6		)	(24.5		)
Balance at December 31	$	380.7		$	383.2

Post-retirement Medical Plan

The Company assumed obligations under a subsidiary's post-retirement medical plan. Coverage under this plan is restricted to a limited number of existing employees of the subsidiary. This plan is unfunded and the Company’s policy is to fund benefits as claims are incurred. The effect on operations of the post-retirement medical plan is shown in the following table:

	Year ended December 31,
	2012		2011			2010
Service cost for benefits earned	$	0.4	$	0.3		$	0.3
Interest cost on benefit obligation	2.3		2.2			2.3
Net amortization and deferral	0.3		(0.2		)	(0.9		)
Post-retirement medical plan costs	$	3.0	$	2.3		$	1.7

Amounts included in accumulated other comprehensive earnings consist of unamortized net loss of $12.3. The accumulated other comprehensive earnings that are expected to be recognized as components of the post-retirement medical plan costs during 2013 are $0.9 related to amortization of net loss.

A summary of the changes in the accumulated post-retirement benefit obligation follows:

	2012			2011
Balance at January 1	$	52.7		$	42.0
Service cost for benefits earned	0.4			0.3
Interest cost on benefit obligation	2.3			2.2
Participants contributions	0.4			0.4
Actuarial loss	6.9			9.8
Benefits paid	(2.0		)	(2.0		)
Balance at December 31	$	60.7		$	52.7
Recorded as:
Other liabilities	$	60.7		$	52.7

Schedule of Changes in Fair Value of Plan Assets

A summary of the changes in the fair value of plan assets follows:

	2012			2011
Fair value of plan assets at beginning of year	$	244.5		$	264.4
Actual return on plan assets	25.0			3.5
Employer contributions	12.9			1.1
Benefits and administrative expenses paid	(25.6		)	(24.5		)
Fair value of plan assets at end of year	$	256.8		$	244.5

Schedule of Net Funded Status

The net funded status of the Company Plan and the PEP at December 31:

Funded status	$	123.9	$	138.7
Recorded as:
Accrued expenses and other	$	1.4	$	1.2
Other liabilities	122.5		137.5
	$	123.9	$	138.7

Schedule of Assumptions Used

Weighted average assumptions used in the accounting for the Company Plan and the PEP are summarized as follows:

	2012		2011		2010
Discount rate	4.0	%	4.0	%	5.1	%
Expected long term rate of return	7.0	%	7.3	%	7.5	%

Plan Assets at Fair Value By Asset Category

The weighted average expected long-term rate of return for the Company Plan’s assets is as follows:

	Target Allocation		Weighted Average Expected Long-Term Rate of Return
Equity securities	50.0	%	5.5	%
Fixed income securities	45.0	%	1.2	%
Other assets	5.0	%	0.3	%

The fair values of the Company Plan’s assets at December 31, 2012 and 2011, by asset category are as follows:

			Fair Value Measurements as of
			December 31, 2012
	Fair Value as of December 31, 2012		Using Fair Value Hierarchy
Asset Category			Level 1		Level 2		Level 3
Cash	$	6.9	$	6.9	$	—	$	—
Equity securities:
U.S. large cap - blend (a)	58.1		—		58.1		—
U.S. mid cap - blend (b)	23.2		—		23.2		—
U.S. small cap - blend (c)	6.8		—		6.8		—
International equity - blend (d)	39.4		—		39.4		—
Commodities index (e)	11.5		—		11.5		—
Fixed income securities:
U.S. fixed income (f)	110.9		—		110.9		—
Total fair value of the Company Plan’s assets	$	256.8	$	6.9	$	249.9	$	—

			Fair Value Measurements as of
			December 31, 2011
	Fair Value as of December 31, 2011		Using Fair Value Hierarchy
Asset Category			Level 1		Level 2		Level 3
Cash	$	3.7	$	3.7	$	—	$	—
Equity securities:
U.S. large cap - blend (a)	58.6		—		58.6		—
U.S. mid cap - blend (b)	21.9		—		21.9		—
U.S. small cap - blend (c)	7.2		—		7.2		—
International equity - blend (d)	33.0		—		33.0		—
Commodities index (e)	10.2		—		10.2		—
Fixed income securities:
U.S. fixed income (f)	109.9		—		109.9		—
Total fair value of the Company Plan’s assets	$	244.5	$	3.7	$	240.8	$	—

a) This category represents an equity index fund not actively managed that tracks the S&P 500 Index.

b) This category represents an equity index fund not actively managed that tracks the S&P mid-cap 400 Index.

c) This category represents an equity index fund not actively managed that tracks the Russell 2000 Index.

d) This category represents an equity index fund not actively managed that tracks the MSCI ACWI ex USA Index.

e) This category represents a commodities index fund not actively managed that tracks the Dow Jones - UBS Commodity Index.

f) This category primarily represents bond index funds not actively managed that track the Barclays Capital U.S. Aggregate Index and Barclays Capital U.S. TIPS Index.

Schedule of Expected Benefit Payments

The following assumed benefit payments under the Company Plan and PEP, which were used in the calculation of projected benefit obligations, are expected to be paid as follows:

2013	$	24.0
2014	23.2
2015	23.3
2016	23.5
2017	23.4
Years 2018-2022	119.1

Assumed Benefit Payments By Year

The following assumed benefit payments under the Company's post-retirement benefit plan, which reflect expected future service, as appropriate, and were used in the calculation of projected benefit obligations, are expected to be paid as follows:

2013	$	2.1
2014	2.2
2015	2.4
2016	2.6
2017	2.7
Years 2018-2022	15.5