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Pension and Other Postretirement Benefit Plans (Tables)
6 Months Ended
Jun. 30, 2014
Pension and Other Postretirement Benefit Plans [Abstract]  
Components of Net Periodic Pension Cost

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30,

 

 

2014

 

2013

 

2014

 

2013

 

 

 

 

 

 

 

 

 

 

 

 

 

(in millions)

 

Pension Plans

 

Postretirement Plans

Service cost - benefits earned during the period

 

$

0.3 

 

$

0.5 

 

$

 -

 

$

0.1 

Interest cost

 

 

8.5 

 

 

8.0 

 

 

0.2 

 

 

0.3 

Expected return on plan assets

 

 

(9.1)

 

 

(8.9)

 

 

 -

 

 

 -

Recognized net actuarial loss

 

 

2.9 

 

 

3.6 

 

 

 -

 

 

 -

Amortization of prior service cost

 

 

0.1 

 

 

 -

 

 

(0.5)

 

 

(1.0)

Net settlement gain

 

 

 -

 

 

 -

 

 

 -

 

 

(1.6)

Net periodic pension cost (benefit)

 

$

2.7 

 

$

3.2 

 

$

(0.3)

 

$

(2.2)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30,

 

 

2014

 

2013

 

2014

 

2013

 

 

 

 

 

 

 

 

 

 

 

 

 

(in millions)

 

Pension Plans

 

Postretirement Plans

Service cost - benefits earned during the period

 

$

0.7 

 

$

0.9 

 

$

 -

 

$

0.1 

Interest cost

 

 

16.9 

 

 

15.9 

 

 

0.4 

 

 

0.8 

Expected return on plan assets

 

 

(18.3)

 

 

(17.8)

 

 

 -

 

 

 -

Recognized net actuarial loss

 

 

5.8 

 

 

7.3 

 

 

 -

 

 

0.1 

Amortization of prior service cost

 

 

0.1 

 

 

 -

 

 

(0.9)

 

 

(1.9)

Net settlement gain

 

 

 -

 

 

 -

 

 

 -

 

 

(1.6)

Net periodic pension cost (benefit)

 

$

5.2 

 

$

6.3 

 

$

(0.5)

 

$

(2.5)