Pension And Other Postretirement Benefit Plans

3 Months Ended

Mar. 31, 2012

Pension And Other Postretirement Benefit Plans [Abstract]

Pension And Other Postretirement Benefit Plans

9. Pension and Other Postretirement Benefit Plans

Defined Benefit Pension Plans - The company has both tax-qualified and nonqualified, noncontributory defined benefit pension plans that together cover certain domestic and foreign employees. These plans provide benefits based upon a participant's compensation and years of service.

The components of net periodic pension cost are as follows:

	Three Months Ended March 31,
	2012			2011
(dollars in millions)
Service cost, net of employee contributions	$	6.9		$	6.7
Interest cost		4.8			4.7
Expected return on plan assets		(5.8	)		(5.8	)
Amortization		2.5			2.0
Net periodic pension cost	$	8.4		$	7.6

Other Postretirement Benefit Plan - The company does not provide subsidized postretirement healthcare benefits and life insurance coverage except for a limited number of former employees. As this plan is unfunded, contributions are made as benefits are incurred. The net periodic benefit cost was $0.2 million for the three months ended March 31, 2012 and 2011.