Pension and Other Postretirement Benefit Plans

6 Months Ended

Jun. 30, 2012

Pension and Other Postretirement Benefit Plans

5. Pension and Other Postretirement Benefit Plans

The components of net periodic pension cost for defined benefit pension and other postretirement benefit plans included in the Company’s results of operations are as follows:

		Three Months Ended June 30,
(in millions)		2012			2011			2012			2011
		Pension Plans						Postretirement Plans
Service cost – benefits earned during the period	$		0.4	$		-	$		0.1	$	-
Interest cost			8.8			7.9			0.5		0.6
Expected return on plan assets			(9.7)			(8.6)			-		-
Recognized net actuarial loss			3.2			3.7			0.1		0.1
Amortization of prior service cost			-			-			(1.0)		(1.3)
Net periodic cost (benefit)	$		2.7	$		3.0	$		(0.3)	$	(0.6)
		Six Months Ended June 30,
(in millions)		2012			2011			2012			2011
		Pension Plans						Postretirement Plans
Service cost – benefits earned during the period	$		0.8	$		-	$		0.1	$	-
Interest cost			17.6			15.8			1.0		1.2
Expected return on plan assets			(19.4)			(17.1)			-		-
Recognized net actuarial loss			6.4			7.5			0.1		0.2
Amortization of prior service cost			-			-			(1.9)		(2.6)
Net periodic cost (benefit)	$		5.4	$		6.2	$		(0.7)	$	(1.2)