Pension and Other Postretirement Benefit Plans

6 Months Ended

Jun. 27, 2015

General Discussion of Pension and Other Postretirement Benefits [Abstract]

Pension and Other Postretirement Benefits Disclosure [Text Block]

Note 6. Pension and Other Postretirement Benefit Plans

Employees of a number of the company’s non-U.S. and certain U.S. subsidiaries participate in defined benefit pension plans covering substantially all full-time employees at those subsidiaries. Some of the plans are unfunded, as permitted under the plans and applicable laws. The company also maintains postretirement healthcare programs at several acquired businesses where certain employees are eligible to participate. The costs of the postretirement healthcare programs are generally funded on a self-insured and insured-premium basis.

	Net periodic benefit costs for the company’s defined benefit pension plans include the following components:
			Three Months Ended						Six Months Ended
		June 27,			June 28,			June 27,			June 28,
(In millions)			2015			2014			2015			2014
Service Cost-Benefits Earned			$	6.1		$	5.0		$	12.3		$	9.6
Interest Cost on Benefit Obligation				19.3			23.5			38.7			43.6
Expected Return on Plan Assets				(23.3)			(25.1)			(46.6)			(46.2)
Amortization of Actuarial Net Loss				2.4			2.1			4.7			4.0
Amortization of Prior Service Benefit				(0.1)			(0.1)			(0.1)			(0.1)
Settlement/Curtailment Loss				0.1			—			0.1			—
Net Periodic Benefit Cost			$	4.5		$	5.4		$	9.1		$	10.9