Retirement and Postretirement Benefit Plans

6 Months Ended

Jun. 30, 2013

Compensation and Retirement Disclosure [Abstract]

Retirement and Postretirement Benefit Plans

Note 13 - Retirement and Postretirement Benefit Plans

The following table sets forth the net periodic benefit cost for the Company’s defined benefit pension and postretirement benefit plans. The amounts for the three months and six months ended June 30, 2013 are based on actuarial calculations prepared during the second quarter of 2013. These updated calculations may result in a different net periodic benefit cost for 2013. The net periodic benefit cost recorded for the three months and six months ended June 30, 2013 is the Company’s best estimate of each period’s proportionate share of the amounts to be recorded for the year ending December 31, 2013.

	Pension						Postretirement
	Three Months Ended June 30,						Three Months Ended June 30,
	2013			2012			2013			2012
Components of net periodic benefit cost:
Service cost	$	9.2		$	8.4		$	0.7		$	0.5
Interest cost	33.3			37.8			5.1			6.7
Expected return on plan assets	(58.9		)	(55.3		)	(3.0		)	(2.5		)
Amortization of prior service cost	1.1			2.4			—			—
Amortization of net actuarial loss	29.1			20.5			(0.5		)	0.2
Pension curtailments and settlements	5.2			10.7			—			—
Net periodic benefit cost	$	19.0		$	24.5		$	2.3		$	4.9

	Pension						Postretirement
	Six Months Ended June 30,						Six Months Ended June 30,
	2013			2012			2013			2012
Components of net periodic benefit cost:
Service cost	$	19.3		$	17.2		$	1.5		$	1.2
Interest cost	67.3			75.6			10.8			13.9
Expected return on plan assets	(116.2		)	(110.5		)	(5.8		)	(5.3		)
Amortization of prior service cost (credit)	2.3			4.7			(0.1		)	(0.1		)
Amortization of net actuarial loss	58.3			41.7			1.2			1.3
Pension curtailments and settlements	5.2			10.7			—			—
Net periodic benefit cost	$	36.2		$	39.4		$	7.6		$	11.0